Business

Joint Apparel Association Forum (JAAF) announced major progress in its efforts to safeguard workers and revitalize the industry, with approximately 30% of the total workforce having received their first dose of COVID vaccines, as of…

World Construction Symposium-2021, organized by The Ceylon Institute of Builders (CIOB) and Building Economics and Management Research Unit (BEMRU), Department of Building Economics, University of Moratuwa, Sri Lanka will be held on…

Cargills Ceylon PLC, Sri Lanka’s leading food retailing and manufacturing company, announced significant new appointments effective from July 1. Four members of Cargills’ senior management, Dilantha Jayawardhana, Saranga Wijesundara,…

Sri Lanka Insurance (SLI) declared the largest ever life insurance bonus in the country amounting to Rs. 8.6 billion for the year 2020 to its life insurance policyholders, recording the largest life insurance bonus ever to be declared…

With recent changes by the Department of Foreign Exchange, it will become easier for corporations to take advantage of the low international borrowing costs to finance their operations. Under the new mechanisms, foreign borrowing can…

The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo…

After a strenuous audit process and reviewing the evidence presented to the Airports Council International (ACI) Airport Health Accreditation evaluation process, Mattala Rajapaksa International Airport (MRIA) has been accredited by…

The disturbed investor confidence amidst the sluggishness in some illiquid stocks further hampered the ASPI movement for the third consecutive day and commenced the new month on a negative note. Thus, the All Share Price Index…

Sri Lanka’s largest poultry group CRYBSRO, recently finished construction on the six new houses and renovations on 24 more for employees this past year, sponsored and built under its long-standing CSR initiative, ‘Praja Aruna’.…

First Capital Holdings PLC launches a three-year CSR programme by partnering with Habitat for Humanity Sri Lanka to build homes for families in need. Through this partnership, First Capital will pledge LKR 15 million to implement the…