Business

BusinessTags: Print EditionMinister of Power and Energy Kanachana Wijesekera in a message on Twitter said he Had a positive meeting with Ceylon Electricity Board (CEB) and Sustainable Energy Authority officials. After 6 months of…

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…