Business

BusinessTags: Print EditionNestlé Lanka PLC appointed Bernhard Stefan as its Managing Director effective March 1 2023, succeeding Jason Avanceña whose term ends February 28, 2023. Jason, who successfully led Nestlé’s operations in Sri Lanka…

BusinessChairman, Atul Malik and Director CEO, Indrajit WickramasingheTags: Print EditionUnion Bank continued to be resilient throughout 2022 with gross income for the year increasing significantly by 73% to LKR 18,966 MN as a result of the…

BusinessGroup MD, Jayawardane with Secretary Ministry of Education Nihal Ranasinghe presenting some packs to schoolchildren. Picture by Wasitha Patabandige. Tags: Print EditionThe LOLC Group commenced stage two of ‘DiviSaviya’ program to…

BusinessBindu Ranasinghe, from HIPG explaining the advantages of the Hambantota International Port to Inderveer Singh Panesar, CEO & founder of EVAGE Automotive Pvt Ltd at HIPG’s stall at ‘ET Auto Electric Vehicle Conclave 2023’ in New…

BusinessChairman Ronald C Perera and General Manager/CEO, Russel FonsekaTags: Print EditionThe Bank of Ceylon has reported Rs. 32 billion Profit After Tax (PAT) for the year ended December 31, 2022 despite many headwinds caused by the never…

BusinessTags: Print EditionThe deficit in the merchandise trade account narrowed to US dollars 410 million in January 2023, from US dollars 857 million recorded in January 2022 due to a larger decline in imports, compared to the decline in…

BusinessThanushika Sivanathan, Country Manager, Uber Sri Lanka and Love Yadav, Co-founder, Sling Mobility Pvt. Ltd.Tags: Print EditionUber, one of Sri Lanka’s leading ridesharing apps, has announced a pilot with Sling Mobility, a global…

BusinessTags: Print EditionThe World Health Organization (WHO) marks World Hearing Day on March 3, to raise awareness about hearing loss and promote ear and hearing care. World Hearing Day 2023 will be celebrated under the theme “Ear and…

BusinessShirajiv SirimaneTags: Print EditionPalm Oil Industry Association of Sri Lanka (POIASL) says that if permission is given to replant palm oil cultivation they can firstly reduce the annual palm oil import bill of around USD 60…

BusinessTags: Print Edition Tuesday, February 28, 2023 - 01:00