Business

When economy is stabilizing, making haphazard statements is unacceptableBusinessTags: Print EditionDebt restructuring is done in a fair and transparent manner, State Minister of Finance Shehan Semasinghe State Minister of Finance Shehan…

BusinessPort City Colombo Tags: Print EditionThe 5 year roll-out plan by Port City Colombo envisages USD 5.6 billion in FDI to Sri Lanka which will fast-track the nation’s economic recovery. It will also help in positioning both Port City…

BusinessTags: Print EditionKiddies & Toys International Pvt Ltd (KTI), a subsidiary of LIMRA Holdings, is celebrating its 20th anniversary by acknowledging the vital role that families play in its success. The entire KTI staff and their…

BusinessSharmila RuberuTags: Print Edition ‘ChupaChups’, one of the most recognized and loved brands of Perfetti Van Melle Lanka (Private) Ltd and fashion designer Sharmila Ruberu of Meraki collaborated to create an extraordinary collection…

Meetings with committee headed by Sagala Ratnayaka fruitful Remaining outstanding payments to be settled by June BusinessFizdel JabirTags: Print EditionSri Lanka can generate about USD 1 to 1.5 billion per year from export of construction…

BusinessTags: Print EditionBourse closed the day flat at 8,823, gaining only 0.3 points amidst a volatile trading session. The index was led by CARS possibly due to the delisting announcement of SHAL, SELI, GOOD, and INDO.Furthermore, most…

BusinessChairman Ajit Gunewardene and CEO Pubudu De SilvaTags: Print EditionSri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 withnoteworthy revenue and gross profitgrowth demonstrating its resilience…

BusinessTags: Print EditionTea exports for the month of April 2023 totaled 16.16 M/Kgs, showing a deficit of 2.13 M/Kgs vis-à-vis 18.29 M/Kgs of April 2022. All product categories have witnessed a decline against the corresponding month of…

BusinessCEO HNBA Lasitha Wimalaratne and CEO HNBGI, Sithumina Jayasundara Tags: Print EditionThe HNBA Group delivered a strong financial performance in 2022, setting a high bar for the company to maintain and meet in 2023 and at the end of…

BusinessTags: Print EditionChina’s insatiable thirst for tea could provide Sri Lanka’s high-quality tea with a lucrative and expanding market but China’s standards and special requirements must be observed. This was opined by Ambassador of…