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Digital solution from Union Assurance to ‘Get Fit’ app

BusinessTags: Print EditionThe Clicklife App, an industry first comprehensive digital solution from Union Assurance that empowers customers to manage their policies, goes a step further by enabling customers to live a healthy…

Abans unites with micro and small-medium scale local manufacturers to boost economy

BusinessTags: Print EditionAbans promotes ‘Sri Lankan made’ through its robust retail platform with the aim of keeping the micro and small-medium scale industry (MSME’s) going during this time of trial and uncertainty. The established…

Bourse on mixed note with new interest rate guidance – Acuity Stockbrokers

BusinessTags: Print EditionThe Bourse ended the week on a mixed note this week with ASPI increasing by 49.94 points (or 0.60%) to close at 8,315.55 points, while the S&P SL20 Index decreased by 17.87 points (or 0.65%) to close at…

Hela Apparel Holdings revenue increases by 75% to Rs. 56 bn

BusinessChairman A. R. RasiahTags: Print EditionAmidst a host of global and local challenges, Hela Apparel Holdings PLC recorded a landmark year of growth in FY 2021/22, with revenue increasing by 75% to LKR 56 billion. Profits…

BPPL Holdings gets US$ 15 mn loan from US-based DFC

BusinessSTF Corporate Advisory MD Sanjana T. FernandoTags: Print EditionSTF Corporate Advisory has successfully managed to source and secures a US$ 15-Million-dollar loan from Washington based United States International Development…

SDB bank, ADB partner to support SME credit lines

BusinessTags: Print EditionSDB bank recently entered into a joint initiative together with the Asian Development Bank (ADB), to provide a line of credit (LoC) to selected small and medium-sized enterprises (SMEs) in Sri Lanka,…

Major food crisis in October?

If urgent issues in agro sector not addressedBusinessShirajiv SirimaneOPA officials at the news briefing. Picture by Sudath Malawera.Tags: Print EditionSri Lanka will face a major food crisis next October if urgent issues in the Agri…

Morison commences production at modern pharma manufacturing facility

BusinessTags: Print EditionMorison Ltd., one of the pioneers of pharmaceutical manufacturing in Sri Lanka since 1959, announced the commencement of commercial production at its state-of-the-art WHO GMP and EU GMP compliant production…

Aitken Spence records highest profit of Rs 14.2 bn

BusinessTags: Print EditionThe diversified blue-chip Aitken Spence PLC reported a profit before tax of Rs. 14.2 billion for the twelve months ended March 31, 2022, compared to the loss reported before tax of Rs. 2.8 billion last year.…