Business

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…

Postgraduate Institute of Management (PIM) recently announced the appointment of Dr. Senaka Kelum Gamage as its new Director to lead the institute. Armed with over two decades of experience in university-level education…

At a meeting held with the Ceylon Association of Shipping Agents (CASA) on July 7, at Sri Lanka Ports Authority (SLPA), Chairman Capt. Nihal Keppetipola stated that steps would be taken to expedite work at the East Container Terminal…

Continuing to deliver world-class entertainment and edutainment to its customers, Dialog Television, Sri Lanka’s premier Pay-TV service provider, extended the premium streaming service – Amazon Prime Video for the first time in Sri…

The Board of Directors of Union Bank of Colombo PLC announced the appointment of experienced Economist and Public Policy Specialist Dr. Roshan Anne Perera as an Independent Non-executive Director, with effect from July 5, 2021.…