Business

BusinessAnanda KannnagaraTags: Print EditionOne of the leading electrical accessories manufacturers and exporters in Sri Lanka have been re launched as ‘Divolca’ with a capital infusion of nearly Rs. 500 million. Micro Electric…

BusinessTags: Print EditionOman Air has leased a part of its Dubai International slot portfolio to Sri Lanka’s FitsAir and Bangladesh’s US-Bangla Airlines for the Summer 2023 season. The Sri Lankan carrier will be able to operate daily…

BusinessTags: Print EditionThe EU has been a long-standing partner for Sri Lanka since 2014 and today has invested over EURO 100 million as grants specially for agriculture and rural development which were key priority areas since 2014.…

BusinessTags: Print EditionIt has been brought to the notice of the Insurance Regulatory Commission of Sri Lanka (IRCSL) that certain persons are engaged in selling pass cards/coupon cards/discount cards to the public for a fee, offering…

BusinessTags: Print EditionSri Lanka’s nationwide inflation in February 2023 determined under the National Consumer Price Index (NCPI) marginally increased to 53.6 % from 53.2 % recorded in January. The NCPI for all items for the month of…

BusinessTags: Print EditionIndex remained volatile and continued its downward trend since the previous session and closed the day at 9,527 losing 77 points. Investors remained on the sidelines and resorted to book profits amidst thin…

BusinessThe top winners with Chief Guest Governor Central Bank, Dr. Nandalal Weerasinghe. The Keynote Speaker at the event was Neal Cross who is the former Managing Director and Chief Innovation Officer of DBS Bank, Singapore. Picture by…

BusinessPradeep Amirthanayagam, Chairman of People’s Leasing & Finance presenting the ESQR award to President Ranil Wickremesinghe. Shamindra Marcelline, Chief Executive Officer, General Manager of People’s Leasing & Finance PLC…

BusinessTags: Print EditionThe IMF yesterday approved the EFF of nearly USD 3 Bn to Sri Lanka after the fulfillment of a range of criterions. Subsequently, activities in the secondary market buoyed with perceptible buying interest where…

BusinessTags: Print EditionThe Ceylon Chamber of Commerce congratulates the Government on securing the Extended Fund Facility (EFF) with the IMF. “We appreciate the efforts of the Government led by the President, the Governor of the Central…