Business

BusinessTags: Print EditionA strong delegation of business leaders from the Sri Lankan construction industry will be setting forth to New Delhi to participate in the 8th Smart Cities India and 30th Convergence India 2023 Expo, organized by…

BusinessTags: Print EditionBourse further dipped by 131 points and recorded at 9,396 primarily due to profit taking on the banking sector, which was the biggest contributor to the index yesterday. LIOC continued to decline with…

BusinessTags: Print EditionA group of Japanese investors along with Japan Deputy Head of Mission Katsuki Kotaro recently called on the Board of Investment (BOI) to discuss investment opportunities in Sri Lanka. It’s expected that the much…

BusinessTags: Print EditionSri Lanka tea production for the month of February 2023 totalled 18.71 M/Kgs, showing an increase of 0.55 M/Kgs vis-à-vis 18.16 M/Kgs of February 2022. High Growns have shown a marginal decline, whilst the Medium…

BusinessTags: Print Edition“The government has decided to sell government shares in several institutions”, said State Minister of Finance Ranjith Siyambalapitiya. These include SriLankan Airlines, Telecom, Insurance Corporation, Grand…

BusinessTags: Print EditionThe adventure trail ‘Raid Amazones 2023’kicked off in Kandy on March 22 with nearly 250 female athletes from France participating in the trail in Sri Lanka’s hill capital. Raid Amazones is the world’s only…

BusinessTags: Print EditionSri Lanka’s largestwater-based pigment emulsion manufacturer, Haycolour (Pvt) Ltd, a subsidiary of Hayleys Aventura, has successfully secured two major environmental certifications, as part of a broader effort to…

BusinessChairman, Rajan Brito, Nirj Deva, Geoffrey Van Orden and other officials of the Commonwealth Union after the website launch. Pictures by Sudath MalaweeraTags: Print EditionThe Commonwealth Union launched its official website in Sri…

Inflation to remain at 4 to 6% by early 2025BusinessEstimates - Year end Gross Official Reserves and Usable Gross Official ReservesTags: Print EditionWith the IMF approval on Sri Lanka, the country’s Gross official reserves are expected to…

BusinessTags: Print EditionIn a bid to increase inward remittances to Sri Lanka, Seylan Bank has launched the second season of its sought after ‘Ethera Kasi Methera Vasi’ mega draw. During this promotion period running up to April 30,…