Business

CK Express Shipping Line launched NVOCC Operations focusing starts in Sri Lanka from early July 2021 onwards. M.P. Alaagu Kumar, Chairman of CK Express Shipping Line India, together with the Freight Movers Logistics Pvt Ltd, Chairman,…

Sri Lanka’s largest retail bank, HNB PLC, achieved another important milestone in its transformation journey, after once again securing its ranking in the prestigious UK based- The Banker Magazine’s Top 1,000 World Banks for the fifth…

SriLankan Airlines emerged victorious at the Asian Leadership Awards (ALA) 2021 by winning the award for “Best in managing health at work” in the “Asian HR Leadership Awards” category. This award recognizes and applauds the…

The Hambantota International Port (HIP) recorded their highest discharge levels of bulk cargo recently, when a shipment of gypsum consigned to Insee Cement was unloaded at a rate of 24,000 Metric tons per day by port operations.…

The Belgian Investment Company for Developing Countries (BIO) agreed with SDB bank, pioneering provider of financial services, to take up a 10% share of the bank, amounting to Rs. 925 million at Rs. 51.50 a share, via SDB bank’s…

Sri Lanka (SL) is currently holding on to a total foreign debt stock of USD 35.1billion (Bn) with a balanced exposure to market borrowings. Asian Development Bank (ADB) remains as the largest multilateral funding agency lending a total…

Daraz hands over the donation to Prime Minister Mahinda Rajapaksa at the Temple Trees on July 19, in the presence of Minister of Youth and Sports, and State Minister of Digital Technology and Enterprise Development, Namal Rajapaksa and…

Bids have already arrived for the construction and completion of the East Container Terminal (ECT) of the Colombo Port, billed for completion by 2023. The bids for civil works, equipment have arrived and will be evaluated and…

KFC marks 25th anniversary in Sri Lanka this year. The story of KFC in Sri Lanka began in 1996, when the first restaurant opened its doors at the popular shopping complex Majestic City. Fast forward to 25 years and 44 restaurants…

Sri Lanka Association of Software and Services Companies (SLASSCOM) recently signed a Memorandum of Understanding (MoU) with Uva Startup Hub, a non-profit foundation renowned for its commitment to facilitate technological development…