Business

Jaffna farmers are now harvesting their grapes and the demand for it is picking up. However the leading super markets are yet to venture into this segment and purchase them in a more organized manner depriving the Northern farmer of…

Manufacturing PMI bounced back to 54.3 in September 2021, increasing by 9.2 index points compared to August 2021. This increase was mainly attributable to the significant improvements observed in New Orders and Employment sub-indices.…

The legacy of the pandemic may leave permanently higher unemployment and lower wage levels in the economy which would in turn affect the spending power of consumers, says ICRA Lanka ratings. “We expect the demand for services to…

First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer, recently announced the firm’s intention to enter an Initial Public Offering (IPO). The IPO is scheduled for November 2021 subject to regulatory approval.…

The Chambers and business community lashed out at the Port related trade unions and other pressure groups and some political parties for not allowing Indian Port Operator Adani to continue their proposed development in the East…

The corporate sector is a part of the economy made up of companies which include, the primary sector – producing raw materials, the secondary sector – manufacturing and the tertiary sector – trading and services. It is a subset…

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Athurugiriya Service Centre into a fully-fledged branch. The new branch was opened to the public on October 21, making…

This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride hailing company amongst the world’s most agile global giants such as FedEx and Holubuva. Although…

The newly constructed City Complex will immensely help to bring new investments to swell the country’s economy to a greater extent in the years to come and help to provide new employment avenues to youth in numerous fields, especially…

Dr Cornelius Boersch - European Business Angel of the Year (2009) and Certified Super Angel by the European Investment Fund (EIF), during his first visit to Sri Lanka this year, partook in a private event held recently at Hatch Works.…