Business

Home Lands Group of Companies, one of the leading real estate companies in Sri Lanka has rebranded and will soon relocate to its new office at Pannipitiya Road, Battaramulla. Home Lands Groupis renowned for its exquisite land plots…

CIMA, ICC Sri Lanka and the Daily FT recognized the winners of Sri Lanka’s Most Admired Companies Awards, at an event held at the BMICH recently. The award recognized companies not just for their financial performance but also the…

Over 20 travel companies from Sri Lanka will participate in the annual World Tourism Market event from November 1 to 3 in ExCel exhibition centre in London. The 2020 edition of the WTM was not held due to the COVID Pandemic and…

Economic growth for 2021 is forecasted by the Asian Development Bank (ADB) to expand by 7.1% in its September 2021 Asian Development Outlook Update for developing Asia, albeit with some cross-regional heterogeneity, while…

Sri Lanka’s merchandize exports in September 2021 recorded US$ 995.8 million as per the data released by the Sri Lanka Customs. EDB Chairman, Suresh D. de Mel said, “Observing the export figures of September, it is remarkable to…

The Adani group, which recently sealed a deal with Sri Lanka to develop and run the strategic Colombo Port’s Western Container Terminal, is also exploring the possibility of investing in the island nation’s energy and wind sector, a…

The government will try to woo modern Fintech and new digital exchanges to Colombo Port City, said Minister of Youth and Sports, Development Coordination and Monitoring and State Minister of Digital Technology and Enterprise…

The Commercial Bank of Ceylon has announced a partnership with Doconomy of Sweden, a global leader in impact-tech solutions, to further develop the effectiveness of the Carbon Footprint Calculator in the ‘Flash’ Digital Banking app…

Seylan Bank has won the coveted Gold Award for “Emerging Entity of the Year” at the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Awards 2020. The SLIBFI Awards are the premium awards for Islamic Finance in Sri Lanka,…

The economy is likely to register a 9.5 per cent growth this fiscal over 7.3 per cent contraction last year, as the ongoing recovery is faster and more credible than earlier foreseen, according to a foreign brokerage report. It will…