Business

BusinessTags: Print Edition“While there is no doubt of the direness of the socioeconomic and political situation in the country, it is essential for businesses to practice cautious optimism and resilience.” This was opined by US…

BusinessChairman, Rohan Fernando, Group CEO, Lalith Seneviratne, SLT Chief Executive Officer, Janaka Abeysinghe and Mobitel CEO, Chandika VitharenaTags: Print EditionSri Lanka Telecom Group (SLT Group), the National ICT Solutions…

For road development and amounts due to local contractors:BusinessShirajiv SirimaneMinister Dr. Gunawardane-Ruwan De SilvaTags: Print EditionThe Government is re-negotiating with the Asian Development Bank to obtain USD 400 million for…

BusinessMaduka Nalin, Branch Manager of Tissamaharama Branch, presents a chilie sapling to a customer. E.A.S. Lakminda, Deputy Branch Manager of Tissamaharama Branch and Pradeep Chandrasena, Cash Officer of Tissamaharama Branch look…

BusinessTags: Print EditionNational tea sales average for the month of July 2022 recorded Rs. 1,448.13 (USD 4.05), thus establishing the highest ever recorded average for a calendar month surpassing the previous best of Rs. 1,333.61…

BusinessJayasiri MunasingheTags: Print EditionD. R. S. Hapuarachchi assumed duties as the new Commissioner General (CG) of the Inland Revenue Department (IRD). He said that the Inland Revenue Department is one of the three key…

BusinessTags: Print EditionHemas Holdings PLC (HHL) posted Group revenue of Rs. 24.8 billion, an increase of 51.4% over the same period last year. Despite the macroeconomic challenges, continued strategic focus on our defensive core…

BusinessIndunil HewageTags: Print EditionSri Lanka has over 40 laws that relate to employment, of which only about 15 are in regular use. Most are dated before independence or shortly thereafter and many are outdated, Shyamali…

Working with govt. authorities on restructuring the airlineBusinessShirajiv SirimaneTags: Print EditionSrilankan airlines losses around USD 7 million each month due to difficulties the airline faces in obtaining aviation fuel, said…

BusinessTags: Print EditionGlobal telecom gear makers say that they expect India to account for about 15 per cent of the worldwide market for the 3.5 GHz-based 5G radio and network. The vendors are assuming that the telcos will be able…