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Macktiles new Rs. 12 bn expansion makes Sri Lanka self sufficient in tiles

BusinessLGV Laser guided robots at Macktiles Lanka plant in BandaragamaTags: Print EditionA dominant player in Sri Lanka’s tile manufacturing sector, Macktiles Lanka (Pvt.) Ltd recently commenced operations of its third manufacturing…

Step up structural reforms – IMF

To address corruption vulnerabilities and unlock growth potentialEconomy to contract by 8.7%Wealth tax on the cards High income earners to be taxed moreBusinessShirajiv SirimaneTags: Print EditionThe International Monetary Fund (IMF)…

Ajantha takes reins of CMI UK, Sri Lanka Branch

BusinessTags: Print EditionThe Immediate Past Director of the Postgraduate Institute of Management Prof. Ajantha Dharmasiri recently, honoured as the President of the Chartered Management Institute, UK (CMI) – Sri Lanka Branch. He…

Jetwing Hotels to manage North Gate Hotel Jaffna

BusinessTags: Print EditionJetwing Hotels Ltd announced that they will be managing North Gate Hotel Jaffna. This is effective from September 1. 2022. Located almost adjoining the Jaffna Railway station hotel offers four suites housing…

Jetwing Hotels opt out of managing North Gate Hotel Jaffna

BusinessTags: Print EditionJetwing Hotels Ltd announced that they will NOT be managing North Gate Hotel Jaffna. This is effective from September 1. 2022. Located almost adjoining the Jaffna Railway station hotel offers four suites…

Noyon Lanka introduces world’s first 100% natural dye solution to market

BusinessTags: Print EditionManjula Jayawardena, DGM Innovation at Noyon Lanka, Ashiq Lafir, CEO Noyon Lanka and Secretary FAAMA, Suren Fernando, CEO at MAS Holdings, and Sunesh Rodrigo, GM Sales and Marketing at Noyon Lanka, displaying…

‘New Central Bank Act to improve banking sector stability’

BusinessTags: Print EditionIntroducing a new Central Bank Act covering all banks and finance companies is expected to improve banking sector stability and avoid politicization of monetary policy. This will also reduce money printing,…

Epic celebrates 24 years of digital transformation

BusinessTags: Print EditionTouching the lives of over 70% of Sri Lankans daily through innovative digital transformation and fintech solutions, one of Sri Lanka’s ICT solutions providers Epic Lanka celebrated its 24th anniversary…

HNB launches Affinity Credit Cards for Ladies’ College OGA the members

BusinessHNB Chairperson Aruni Goonetilleke (center) presenting the new Affinity card to Ladies’ College Principal, Deepika Dassenaike in the presence of officials from HNB and Ladies CollegeTags: Print EditionSri Lanka’s largest…