Business

BusinessTags: Print EditionIndiGo airline announced on Monday that it has made a record order for 500 Airbus A320 aircraft. The massive expansion by India’s largest airline comes as the aviation industry is witnessing more competition after…

BusinessTags: Print EditionThe Ceylon Motor Traders Association (CMTA), founded in 1919 and one of the longest standing automotive associations in South Asia, has recently raised concerns regarding the fairness of current import…

BusinessShirajiv SirimaneActing Minister of Finance Semasinghe receiving a token from OPA officials. Picture by Shirajiv SirimaneTags: Print EditionThe government has spent around Rs. 1.5 trillion to upkeep State owned enterprises, said…

BusinessShirajiv SirimaneState Minister of Plantation Industries Ratwatte with tea industry stake holders yesterday. Picture by Wimal KarunatillikeTags: Print EditionThe government has decided to extend the lease period of the Regional…

BusinessTags: Print EditionDIMO, a leading diversified conglomerate in Sri Lanka, has announced the realigning of its power and energy operations under the new brand identity. ‘DIMO Energy’ which operates in three main pillars High Voltage…

Central Bank, Ministry of Finance with Asian Development Bank to introduceIndustrial Development Fund also to be put in place soonBusinessFizel JabirIDB Chairman Dr. Saranga Alahapperuma flanked by Vice President, ISMM, Maj Gen Renaka…

BusinessTags: Print EditionSri Lanka tea production for the month of May 2023 totalled 26.52 M/Kgs, showing an increase of 0.41 M/Kgs vis-à-vis 26.11 M/Kgs of May 2022. High Growns have shown a marginal increase, whilst the Medium Growns…

After C-19 and economic crisisBusinessDimantha JayawardenaTags: Print EditionSri Lanka Automotive Component Manufacturers Association (SLACMA), is optimistic about future growth following the C-19 and Economic Crisis. President of SLACMA,…

BusinessTags: Print EditionThe Sri Lanka Banks Association (SLBA) has urged policymakers to engage with commercial banks via the Central Bank of Sri Lanka (CBSL) to ensure a comprehensive and well-coordinated approach to alleviating the…

BusinessShirajiv SirimaneSagara Gunawardena.Tags: Print EditionExpanding their footprint overseas Venora Lanka Power Panels (Pvt) Ltd based at the Export Processing Zone, Biyagama, will open their electric panel assembly plant in Australia.…