Business

BusinessTags: Print EditionBulk carrier Papayiannis III sailing under the Marshall Islands flag was en route from Port Said, Egypt, to Singapore when it experienced a sudden engine failure. The vessel, which was declared NUC (Not Under…

BusinessPresident SL Japan Business Council of the Ceylon Chamber of Commerce Mahen Kariyawsan and Japanese counterparts at the meetingTags: Print EditionOn the sidelines of the visit of President Ranil Wickremesinghe and the Round Table…

BusinessTags: Print EditionAs a member of the Abans Group, Abans Solar has taken the lead in introducing an environmentally friendly energy solution to Sri Lanka, through its reliable solar power systems. Reflecting advanced technology,…

BusinessTags: Print EditionRakhil Fernando, Managing Director of Daraz Sri Lanka, has been appointed as Chief Corporate Affairs Officer of the Daraz Group, headquartered in Singapore, with effect fromJune 1. This announcement follows the…

BusinessHNB MD and CEO Jonathan Alles and St. Joseph’s College Rector, Rev. Fr. Ranjith Andradi opens the Student Saving Unit at St. Joseph’s College. Tags: Print EditionReaffirming its commitment to fostering financial literacy among…

BusinessRajeev Abeysekara receives the award from Sony Singapore representatives Thomas Sim, Vincent Tay and the Managing Director of CameraLK, Anushka Gunasinghe. Tags: Print EditionRajeev Abeysekara has won the ‘Sony World Photography…

BusinessTags: Print EditionThe market commenced on an optimistic note yet succumbed to a downward trend towards the mid-day, and continued its volatile trajectory throughout the day with both ASPI and S&P closing in the red zone at…

BusinessTags: Print EditionAbdullah Bin Mohammed Al Qassimi from the ruling family in UAE visited the BOI and Port City Colombo this week. Abdulla Mohammed is the CEO of Master Investment Group (MIG), an investment company based in Ras al…

BusinessTags: Print EditionSri Lanka tea production for the month of April 2023 totalled 24.72 M/Kgs, showing an increase of 1.82 M/Kgs vis-à-vis 22.90 M/Kgs of April 2022. All elevations have shown a steady growth in volume in comparison…

BusinessTags: Print EditionDemonstrating resilience in the face of one of the most turbulent years, Hemas Holdings PLC, posted a revenue of Rs. 113.9 billion for the financial year 2022/23, a growth of 44.5 % over last year. The Group…