Business

BusinessTags: Print EditionLVL Energy Fund PLC’s LVEF delivered strong growth in earnings for the quarter, an increase by 84.5% to Rs 130.9 million compared to Rs 70.9 million in 4QFY21. Improved earnings are predominantly attributable…

BusinessTags: Print EditionSri Lanka will be able to overcome the current difficulties, ease the debt burden and realize sustainable development with continuous support from China. This was opined by Sri Lankan Ambassador to China, Dr.…

BusinessTags: Print EditionManufacturing from the US to Asia is very much in a slowdown as factories continue to struggle with supply snarls, labor shortages and elevated materials costs. A measure of US manufacturing activity weakened…

BusinessAshraff A. SamadTags: Print EditionA chariot service has begun in the Jaffna District as a solution to the severe fuel shortage. In the past people used to travel by cart and with the advancement of technology the number of…

Lanka’s clothing brand plans to list 51% in two years:BusinessShirajiv SirimaneTags: Print EditionLocal clothing brand GFlock will launch a mega campaign to launch their products globally mostly targeting the Sri Lanka diaspora said…

BusinessTags: Print EditionIndia has imported about 3.5 lakh tonnes (lt) of di-ammonium phosphate (DAP) fertiliser from Russia, which would be arriving during the April to July period. This comes amid Western sanctions against Russia…

BusinessTags: Print EditionWith the aim of facilitating continuous learning across the organization and inspiring a new generation of future-ready Engineers, Sysco LABS Sri Lanka recently launched ‘Project Summit’ a programme developed…

BusinessLaknath SannasuriyaTags: Print EditionThe Tea Entrepreneurs Association requested the Minister of Plantain and top officials of the tea industry to conduct the Tea Auction by conducting in US dollars. Holding a special press…

BusinessTags: Print EditionThe Bourse ended the week on a negative note this week with ASPI decreasing by 193.71points (or 2.53%) to close at 7,457.48 points, while the S&P SL20 Index also decreased by 89.93 points (or 3.64%) to…

BusinessTags: Print EditionSanjay Wijemanne exchanging the MoU with Sanjaya  Nissanka. Also pictured are Chinthana Edirisinghe, Mahesh Ratnayake,  Roshan De Silva, Susith Perera, Vinodh Fernando, Kanchana Karunagama,  Niyas Ahamed,…