Business

Yamuna Kelaniyan Godage has been appointed as the Consultant (Non-motor) of SANASA General Insurance Co Ltd with effect from October 2021. Before being appointed as the Consultant (Non-motor) of SANASA General Insurance Company she was…

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, clinched a coveted TM Forum 2021 Excellence Award, that recognises outstanding achievements in Digital Transformation across Communications Service Providers (CSPs),…

Sri Lanka should start trading with India by paying in Indian Rupees (INR) and this can annually replace the use of over USD 2 billion, said Ideal Group Founder and Executive Chairman Nalin Welgama. He said that their trading…

Capital Alliance (CAL) entered into an investment and partnership agreement with Bangladesh’s BetaOne Investments Limited. With the formalization of this agreement and its entry to Bangladesh, CAL continues its ambitious yet resolute…

At a time when the price of locally manufactured Highland milk powder has also been increased, the Milco Ltd management has decided to increase Rs. 7 for one-litre liquid milk, produced by local farmers with effect from November 01.…

The government is considering extending the concession on payment of electricity bills to Tourism Development Authority registered tourist hotels and residences affected by COVID-19 further as the grace period was given for the sector…

While commending the Government’s decision to allow imports of nitrogen-based fertiliser for the tea industry, the Planters’ Association of Ceylon (PA) called for distribution to be fast-tracked for the tea sector to immediately…

Bank of Ceylon has been appointed as the settlement bank by LankaClear, for their inter-bank US Dollar Online Payment system (USD On-Line) and US Dollar Draft Online Image Transfer System (UITS). This selection was made through a…

Sri Lanka is looking at a fairly modest and undisturbed economic performance in 4Q, says ICRA Research in their ‘Economy at a Glance for September 2021’ report. “The Government lifted the quarantine curfew in early October and…

MTI Consulting has just completed an assignment to independently reviewing possible repercussions and opportunities for Pakistan’s economy in case it decides to accede to WTO’s Information Technology Agreement (ITA). The scope of the…