Business

BusinessAnanda KannangaraTags: Print Edition  The All Island Fireworks Association (AIFA) said in comparison to the previous year firecracker manufacturing industry at Kimbulapitiya has come to a standstill to a certain extent and only a…

BusinessTags: Print EditionFitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB, AA-(lka)/Rating Watch Negative (RWN)) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to Rs10 billion a…

BusinessTags: Print EditionIn a bid to ensure quick passage for investors, the Urban Development Authority (UDA) launched a one stop unit to expedite the process in granting clearances for development applications and to overcome other…

BusinessTags: Print EditionThe Asian Development Bank (ADB) today joined with partners at COP27 to announce the ambition to mobilize more than $200 million from 2021 to 2025 to build water and sanitation resilience and security in Asia and…

BusinessTags: Print EditionThe Sri Lanka Association for Software and Services Companies (SLASSCOM) will host the IT/ BPM Career Fair in Jaffna on November 17 at the University of Vavuniya and at the University of Jaffna on 18. The main…

BusinessTags: Print EditionCanowin Hotels and Spas Pvt Ltd has paid a dividend of 10% of its net profit to the tune of Rs 9.6 million for 2020 and 2021 to its parent company Sri Lanka Insurance (SLIC) on September 11, 2022. In addition,…

BusinessTags: Print EditionColombo Port City Economic Commission (CPCEC) Chairman and senior officials from Port City Colombo briefed the Managing Director - South Asia A.P. Moller - Maersk, Vikash Agarwal and Nikhil D’Lima Country Manager-…

BusinessTags: Print EditionCargills (Ceylon) PLC announced its consolidated financial results for the six months ended September 30, 2022. The Group was able to deliver a steady performance in a challenging environment, particularly…

BusinessTags: Print EditionConsidering the progress made in relation to the IMF- Extended Fund Facility (EFF) programe and debt restructuring negotiations, and the reforms that have already been undertaken and those that are to be…

BusinessMinister of Ports, Shipping and Aviation Nimal Siripala de Silva, Indian High Commissioner to Sri Lanka Gopal Bagle and officials at the eventTags: Print EditionThe construction work of the newly built West Terminal of Colombo…