Business

July 1, 2021 marks the 60th anniversary of the establishment of People’s Bank. The bank commenced its 60th anniversary celebration activities on July 1, with a modest yet distinguished event that was held at the Head Office in…

People’s Merchant Finance PLC (PMF) achieves its most significant milestone and a financial triumph by earning a profit before taxation of Rs. 100 million in the financial year 2020/21. Historically, PMF’s financial performance…

The Bourse ended the week on a negative note this week with ASPI decreasing by 62.59 points (or 0.80%) to close at 7,746.56 points, while the S&P SL20 Index also decreased by 71.88 points (or 2.36%) to close at 2,970.75 points.…

Dr C. C. Janaki Amarasinghe, Chairperson of DJ Products, a leading company in the field of food, spices and handloom textile products clinched two silver awards at the ‘Entrepreneur of the Year’ Awards organized by the Federation of…

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,…

As part of its social stewardship initiative HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI) recently made donations of urgently needed medical equipment and supplies to help in the fight against COVID-19. The staff…

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…