Business

BusinessTags: Print EditionSeylan Bank began the new fiscal year on a strong note, with Q1 2023 recording a Profit Before Tax (PBT) of LKR 1.7 billion compared to LKR 1.5 billion in 1Q 2022 demonstrating a robust growth of 17.26%.…

BusinessTags: Print EditionThe Grand Kandyan Hotel for the second time organized “The Grand Kandyan Vesak Kalapaya ‘’ to honor the teachings of the Buddha. Vesak pandols, and Vesak lanterns made by the hotel staff were displayed. A…

BusinessKamantha Amarasekera and James WoodrowTags: Print EditionBrowns Investments PLC said that it has reached an agreement with Finlays to purchase its tea estates business James Finlay Kenya. A highly successful diversified…

BusinessFizel JabirForeign Minister, Ali SabryTags: Print EditionSri Lanka is dedicated to engaging in comprehensive economic and technological collaborations with its regional development partners in creating a strong export- oriented…

BusinessTags: Print EditionWashington : US Secretary of Commerce Gina Raimondo, India’s Union Commerce Minister Piyush Goyal in a virtual meeting on Monday discussed the US, India shared interest in maximizing progress on the Indo-Pacific…

BusinessTags: Print EditionRuwan Bandara Chief Executive Officer of Finco Technologies, receives the ISO 9001:2015 certification from Shan Nanayakkara, General Manager, Subash De Silva, Manager Marketing & Sales Certification Service…

BusinessTags: Print EditionThe Board of Directors of Nestlé Lanka has authorized the proposal to delist the company from the Colombo Stock Exchange, subject to necessary approvals and clearances. The delisting will also help the company…

BusinessTags: Print EditionThe Colombo Bourse closed lower in April, with the benchmark All Share Price Index (ASPI) declining 3.4% Month on Month (MoM) to 8,983 points (a decrease of -318 index points MoM). Meanwhile, the more liquid…

BusinessCanadian High Commissioner Eric Walsh, greets State Minister of Finance Shehan Semasinghe looked on by officials from the Canadian Embassy and Secretary to the Treasury Mahinda SiriwardaneTags: Print EditionThe Canadian High…

BusinessTags: Print EditionThe estimated value of services exports for the period of January to March 2023 was US$ 543 million, increasing 5.8 % over the corresponding period of 2022. The services exports consist of ICT/BPM, Construction,…