Business

BusinessTags: Print EditionTea exports for January 2023 totalled 17.56 M/Kgs, showing a decrease of 3.26 M/Kgs vis-à-vis 20.82 M/Kgs of January 2022. Türkiye emerged as the No. 1 major importer of Ceylon Tea in January 2023. (However with…

BusinessFlashback to fuel queues last yearTags: Print EditionBEIJING -- China expressed support for Sri Lanka ahead of a meeting Friday of government lenders to poor economies but did not say if it would help reduce a multibillion-dollar…

BusinessTags: Print EditionFrance stands ready to support Sri Lanka in its efforts to restructure its debt, Ambassador for France Jean-François Pactet announced at a recent meeting with the Sri Lanka France Business Council of the Ceylon…

BusinessTags: Print EditionFormer chairman of the Civil Aviation Authority of Sri Lanka (CAASL) Upul Dharmadasa, has been appointed as the new Chairman of Hotel Developers (Lanka) PLC, which operates the Hilton Hotel, Colombo. Dharmadasa…

BusinessTags: Print EditionBourse reversed after recording 5 consecutive days of losses totaling to 359 with a solid gain as investors yet again turned bullish on Insurance sector counters while positive developments on the economic front…

BusinessTags: Print EditionServices PMI recorded an index value of 50.2 in January 2023, remaining slightly above the threshold level. This was underpinned by the improvements observed in new businesses, business activities and expectations…

BusinessForeign Minister, Ali Sabry receiving a token of appreciation from COYLETags: Print EditionThe Chamber of Young Lankan Entrepreneurs (COYLE) praised President Ranil Wickremesinghe, the government of Sri Lanka and the Central Bank…

To provide unused land on long term basis to boutique hotel operator:Targets Rs. 500 Mn additional revenu:BusinessShirajiv SirimaneSLT Group Chairman Rohan Fernando and Chairman of Ceylinco Insurance PLC Ajith Gunawardena, exchange the…

BusinessTags: Print EditionSamsung Electronics Sri Lanka launched Galaxy S23 and S23 Ultra many novel features. The first S-23 phone was handed over to artiste Romaine Wills by MD, Samsung Sri Lanka, SangHwa Song. See more on Page 14.…

BusinessTags: Print EditionDiversified conglomerate Sunshine Holdings (CSE: SUN) reported a consolidated revenue of Rs. 38.6 billion for the nine months ending 31December 2022 (9MFY23), an increase of 60% YoY compared to the corresponding…