Business

BusinessChairman Amal CabraalTags: Print EditionSunshine Holdings PLC reported impressive growth in top and bottom-line performances for the year ended 31st March 2022 (FY21/22). During this year, the Group posted consolidated revenue…

BusinessTags: Print EditionSri Lanka’s palm oil industry is a relatively small one, but it is in a position to have a larger positive impact on the economic future of our country and is ready to support the economy and government to…

BusinessTags: Print EditionHeadline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 39.1% in May 2022 from 29.8% in April 2022. This increase in Y-o-Y…

LOLC Group records historic profitabilityBusinessDeputy Chairman Ishara Nanayakkara and Group Managing Director/CEO, Kapila JayawardenaTags: Print EditionLOLC Group recorded an upsurge in profits by as much as 46% over the previous…

Development of Galle Port BusinessShirajiv SirimaneTags: Print EditionSri Lankan Port Authority (SLPA) has received 18 proposals from global and local investors for the proposed development of the Galle Port, Chairman SLPA Dr.…

BusinessTags: Print EditionThe decision to increase VAT rate from 8% to 12.% will increase prices of goods and services, causing consumer demand to decline. Moreover, the decision to increase the Telecommunication levy from 11.25% to…

BusinessTags: Print EditionGiving confidence to the building industry where the current uncertainty in the economy has driven the industry to crossroads, the Rs. 3 billion office complex of Sasakawa Trust’ was unveiled at Colombo 7 on…

BusinessDirector Marketing of Macksons Holdings Aqla Mizver and the Multilac team with the awardsTags: Print EditionMacksons Paints Lanka (Pvt) Limited, home to Sri Lanka’s pioneering Heritage Brand Multilac paints, was bestowed with…

BusinessTags: Print Edition Access Engineering PLC (AEL), has completed over of the Stadiumgama Housing Project located at Sirimawo Bandaranayake Mawatha, Colombo 14. Initiated by the Ministry of Urban Development, Water Supply and…

BusinessKrishanthi and her family in front of their new Habitat home, with senior staff of First Capital Holdings PLC and Habitat for Humanity Sri Lanka, the Director General of the National Secretariat for NGOs, Raja Goonaratne and other…