Business

BusinessTags: Print EditionOverseas Realty (Ceylon) PLC recorded a strong growth in revenue and profitability, primarily driven by the Havelock City Residential sales, to record a Group Revenue of Rs 15,046 Mn and a Group Profit Before Tax…

BusinessTags: Print EditionThe Civil Aviation Authority of Sri Lanka (CAASL) on Wednesday announced that Kazakhstan’s major carrier SCAT Airlines will start flights to Mattala Rajapaksa International Airport from March 5, 2023. The SCAT…

BusinessShirajiv SirimaneSunquick officials at the opening. Picture by Gayan PushpikaTags: Print EditionSunquick Lanka (Private) Limited, the local manufacturer of Sunquick fruit concentrate, Sunquick BiBi ready-to-drink (RTD), invested Rs.…

BusinessShirajiv SirimaneTags: Print EditionManaging Director, Adani Energy Anil Sardana, State Minister of Investment Promotion, Dilum Amunugama, Secretary - Ministry of investment Promotion M. M. Naimuddin, Chairman BOI, Dinesh Weerakkody…

BusinessTags: Print EditionSanctions-hit Russia, which is going for import substitution in a big way, has proposed to manufacture its Sukhoi Superjet civil aircraft in India and the United Aircraft Corporation (UAC) is in talks with…

BusinessTags: Print EditionDavid Pieris Group (DPG) recently organized an event ‘Go-karting’ to the Northern and Eastern Provinces providing an opportunity for the community, mainly for the youth, to witness and experience motorsports. This…

BusinessTags: Print EditionFitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecom company Dialog Axiata at ‘AAA(lka)’. Outlook is stable. The affirmation and Stable Outlook reflect Fitch’s view that Dialog will…

BusinessTags: Print EditionThe Colombo Stock Exchange (CSE) announces the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) transactions in Corporate Debt Securities would be permitted between two…

BusinessTags: Print EditionBourse closed flat with a mixed sentiment during the day as profit taking wiped off gains made during the first half of the session. Index opened on a positive note with a gain of +100 points, largely backed by…

BusinessTags: Print EditionCommercial Bank’s Managing Director, CEO Sanath Manatunge (second from left) receives the award from the IFC’s FIG Portfolio Manager for South Asia Joon Young Park in the presence of Commercial Bank’s COO, S.…