Business

Sri Lankan IT/BPM sector have made progress in recent years and have achieved the USD 1 billion in exports target. The industry is confident that the sector will seamlessly achieve its USD 5 billion mark in the planned time, said…

Meanwhile President CBA, Ariyaseela Wickramanayake appealed to the Minister to explore the possibility of allocating some rail carriage for transport of fruit and Vegetables which is the cheapest and quickest mode for this. “It takes…

In collaboration with the University Grants Commission (UGC), Dialog Axiata PLC recently established ‘5G Innovation Centres’ at the Engineering Faculties of leading universities to create and incubate interest-driven learning,…

Innovative smartphone and accessories brand, OPPO, recently announced an exciting promotion – OPPO Band Flash Sale – in which purchases made via the online channel from July 5 to 14 during will be offered an attractive discount. OPPO…

Some participants at the launch of the second phase of the digitalisation with President Gotabaya Rajapaksa at the Presidential Secretariat The Securities and Exchange Commission of Sri Lanka (SEC) along with the Colombo Stock…

Emerald Sri Lanka Fund, a private equity fund that supports small and mid-sized businesses in Sri Lanka, has announced its divestment in Panasian Power PLC (PAP), one of Sri Lanka’s leading renewable energy solution providers and…

The United States is contributing to Sri Lanka’s economic resilience through the provision of a financial facility of USD 150Mn. The facility awarded by the United States International Development Finance Corporation (DFC) to DFCC Bank…

JAT Holdings reported outstanding performance in the first quarter of FY22, with record revenue of Rs 1.4 billion during the period. In the financial year 2021 (FY21) this figure was LKR(Rs) 485 million, amid the peak of the pandemic,…

As 2021 hits its halfway mark, the Hambantota International Port (HIP) records an overall growth in its volumes and diversification of services with the overall cargo handling volume increasing from 420,421 MT by the end of June 2020,…

The C-19 Sinopharm vaccines were administered to 4,000 people in four locations in the Hambantota District which included 500 tourist hotel staff, tour guides, tour drivers and 150 safari drivers. This initiative was made by…