Business

BusinessTags: Print EditionColombo bourse continued its declining trend amidst the market fear over tax hikes shortly after Prime Minister Ranil Wickremesinghe was appointed. Thus, The All-Share Price Index decreased by 50.6 points…

BusinessTags: Print EditionRasoda Dairies (Pvt) Ltd. a leading dairy products manufacturing company in Sri Lanka, was awarded the Gold Award in the medium and large dairy products category at the National Industrial Excellence Awards…

BusinessTags: Print EditionappiGo, an e-commerce service provider powered by hSenid, has relocated to its new head office at 100, Ward Place, Colombo. Against the backdrop of the C-19 pandemic when the businesses were desperately…

BusinessOfficials from Gestetner Telkom and TECNO Mobile. Tags: Print EditionEntering into the telco sub-sector, Gestetner-Telkom, the newly incorporated division of Gestetner of Ceylon PLC, a pioneers in office automation, recently…

BusinessTags: Print EditionThe World Bank has issued a statement on Sri Lanka. Following is the statement: “Recent media reports have inaccurately stated that the World Bank is planning support for Sri Lanka in the form of a bridge…

BusinessTags: Print EditionAmana Takaful Insurance, recently posted handsome financials and growth, for Q1 of 2022, recording a rapid YoY growth of 42% with a total Gross Written Premium (GWP) revenue of Rs 889 million within the…

BusinessU.S. Ambassador to Sri Lanka Julie Chung and Chairman of John Keells Group, Krishan Balendra at an earlier eventTags: Print EditionThe U.S. and Keells are partnering to strengthen small businesses in Sri Lanka through an…

BusinessTags: Print EditionThe Central Bank of Sri Lanka, considering the prevailing macroeconomic conditions and its impact on the banking sector, has decided to implement several regulatory measures to support the banking sector to…

BusinessTags: Print EditionPrime Minister Ranil Wickremesinghe was appointed as Minister of Finance, Economic Stability and National Policies by President Gotabaya Rajapaksa yesterday. The five-time Prime Minister was re-appointed to…

BusinessToshiyuki Hatanaka and Renuka M. WeerakoneTags: Print EditionDespite the current economic crisis the Board of Investment has signed 13 new investment contracts inclusive of three major projects for May 2022. The total…