Business

BusinessTags: Print EditionThe fourth quarter of FY 2022/23 marked the close of a challenging year for Hela Apparel Holdings PLC. While revenue of Rs. 20.5 billion in Q4 represented a 40.6% increase in the same period of the previous year,…

BusinessThe delegation at South Asia Gateway TerminalTags: Print Edition The delegation of the International Monetary Fund currently engaged in an official tour in Sri Lanka visited the Port City Colombo and South Asia Gateway Terminal and…

BusinessTags: Print EditionThe Export Development Board (EDB) Boat and Ship Building Advisory Committee has emphasized the importance of developing a strategy for the nautical tourism industry in Sri Lanka as the country has a massive…

BusinessTags: Print EditionThe deficit in the merchandise trade account narrowed to US dollars 583 million in April 2023, from US dollars 728 million recorded in April 2022 due to a larger decline in imports, compared to the decline in…

BusinessTags: Print Edition National Savings Bank, presented its Integrated Annual Report reflecting its performance within the framework of the economy and its relationship to the social and environmental facets. The Annual Report of…

BusinessShirajiv SirimaneTags: Print EditionThe current declining inflation trend will continue and the inflation rate will come to single digit by the end of July 2023, Governor Central Bank Dr. Nandalal Weerasinghe said yesterday. The…

BusinessTags: Print EditionOne of Sri Lanka’s leading e-commerce platform Daraz announced the Daraz 1st Day Sale, a monthly event that happens on the first day of every month, featuring an array of products, from the latest in fashion, to…

BusinessFounder and CEO of Crepe Runner Abdus Salaam opens the new branchesTags: Print EditionApril has been proved to be a month of sheer crepe-tactic brilliance for Crepe Runner as they triumphantly launched four new outlets. In a…

BusinessTags: Print EditionCurtin University Business School has announced the launch of a 3-year Bachelor of Business Administration (BBA) degree at Curtin Colombo, starting in July 2023. Curtin Colombo is the latest addition to Curtin…

BusinessTags: Print EditionThe market commenced the day on a high note but failed to keep up the momentum towards the latter part of the session due to the mixed sentiments observed during the day. Furthermore, both ASPI and S&P indices…