Business

BusinessAnanda KannangaraTags: Print EditionThe government should not transfer ‘tax’ money from the well-managed corporate sector to bail out the ailing public sector and this may result in both sectors to collapse. Instead the government…

BusinessTags: Print EditionLanka Indian Oil Company (LIOC) recorded the highest quarterly revenue of Rs 88 billion aided by Fuel and Bunkering segments LIOC continued to deliver robust performance for 2QFY23 where the earnings reported a…

BusinessTags: Print EditionThe ease of export procedures and relaxed regulations on gem exports will ensure the industry revives its status as one of the largest revenue sources for the local economy, Sri Lanka Gem and Jewellery…

BusinessTags: Print EditionDockyard PLC (CDPLC), the leader of Shipbuilding Industry in Sri Lanka and one of the most competitive Shipyards in South Asia, successfully launched a Cable Laying and Repair Vessel (C/S Sophie Germain) to Orange…

BusinessMinister Shehan SemasingheTags: Print EditionState Minister of Finance Shehan Semasinghe said that Sri Lanka is among the countries that have the lowest revenue against the GDP, instead other countries at Sri Lanka’s level are able…

BusinessTags: Print EditionIndia is in talks with about a dozen smaller countries as the government seeks to expand bilateral trades through bespoke rupee accounts and internationalise indigenous payment modes. The object is to bypass the…

BusinessTags: Print EditionAre you on the lookout for the best cooling partner for your home? Invest in a Mistral Air Cooler that works miracles in scorching heat climates, instantly cooling down the room temperature. Cooling Effect If…

BusinessTags: Print EditionThe GE Foundation announced a donation of US$ 25,000 to Chrysalis, a Sri Lankan charity organization,to help with humanitarian relief in response to the current economic situation. The donation will aid in…

BusinessSenior Manager, Commercial & Marketing Nishantha Gamage receiving award for ‘Port Infrastructure Development of the Year 2022’ at the eventTags: Print EditionThe Hambantota International Port Group (HIPG) won double…

BusinessTags: Print EditionLocal exporters should be encouraged to export value-added products, and it is high time they followed suit, Investment Promotion State Minister Dilum Amunugama stated. He made these observations addressing…