Business

BusinessTags: Print EditionThe market dipped into the red zone following four consecutive sessions of green amidst profit-taking. Both S&P and ASPI indices halted in the red zone, whilst the latter closed the day at 8,746 losing 20…

BusinessTags: Print EditionUB Finance Co. Ltd., a premier licensed finance company in Sri Lanka, has been assigned a first-time National Long-Term Rating of ‘BB (lka)’ RWN by Fitch Ratings Lanka Ltd. UB Finance has been a significant player…

BusinessTags: Print EditionVerite Research says that according to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence…

BusinessTags: Print EditionCordelia Empress, India’s first international cruise from Chennai to Sri Lanka, started its maiden voyage on June 5 from Chennai. The ship was flagged off by Indian Minister of Ports, Shipping and waterways…

BusinessShirajiv SirimaneProfessor Ajith De Alwis, University of Moratuwa, presents the plaque confirming Net Zero carbon status to the Brandix Essentials Koggala team. Tags: Print EditionSri Lankan apparel exporters will soon have to…

BusinessTags: Print EditionAir China will recommence their air service between Colombo and Chengdu from July 3. The frequency would be three flights per week. (Mon/Wed/Fri) Air China is offering a special all-inclusive Economy Class Return…

BusinessClaude GunasekeraA group of Indian media personnel including Journalists, bloggers and influences in Sri Lanka.Tags: Print EditionThe tourism industry contributes significantly to Sri Lanka’s foreign exchange reserves and is one of…

BusinessShirajiv SirimaneThe key participants at the event. Picture by Shirjaiv Sirimane Tags: Print EditionSri Lanka has yet to tap huge ocean resources and urgent steps should be taken to exploit this economical advantage, said Vice…

BusinessTags: Print EditionThe Colombo Port City Economic Commission (CPCEC) announced a significant milestone in its mission to establish the Colombo Port City special economic zone, as a globally competitive business environment. In line…

Joint Apparel Association Forum:BusinessTags: Print EditionWith the current GSP+ regulation set to expire by the end 2023, it is imperative that Sri Lanka takes measures to secure concessionary access to the European market. Securing GSP+…