Business

The Bourse ended the week on a positive note this week with ASPI increasing by 236.59 points (or 2.51%) to close at 9,678.89 points, while the S&P SL20 Index also increased by 73.59 points (or 2.08%) to close at 3,613.14 points.…

Sanasa Life Insurance (SLICL), has shown resilience and agility in adapting to the new normal while managing to post a healthy operational and financial performance, whilst achieving a record 235.1% Year-on-Year (YoY) in Gross Written…

India’s loss-making national carrier Air India has been sold to the Tata group, the country’s largest conglomerate. The government has sold the airline to the company, which was the highest bidder at nearly $2.4bn (£1.7bn). The…

Sports and Youth Minister Namal Rajapaksa who undertook a two-day official visit to Kenya was accorded a warm welcome and high protocol courtesies on arrival at the Airside of the Jomo Kenyatta International Airport in Nairobi.…

Giving a thumbs up for the leisure industry, Sri Lanka has been placed among the top five leading Wellness Tourism destinations for 2021 by The Global Wellness Institute. The Minister of Tourism, Prasanna Ranatunga pointed out…

Two international oil drilling companies have responded positively to further explore the possibility of extracting oil and gas resources hidden in the Mannar Basin, said Energy Minister Udaya Gammanpila. He said that there are…

A. Baur & Co. (Pvt.) Ltd., widely known as Baurs, a diversified business group and one of the pioneering innovators in agriculture in Sri Lanka, recently shared preliminary key insights and solutions for the country’s farming…

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct another knowledge sharing Continuing Professional Development virtual webinar on the ‘New Securities and Exchange Commission Of Sri Lanka Act’ on…

Education is the passport to the future, for tomorrow belongs to those who prepare for it today and at the Academy of Excellence it is believed, promoted, and ensured to strive for nothing but excellence among its students. The…

The Colombo Stock Exchange (CSE) currently showcases a diverse portfolio of over 285 listed companies across 20 GICS industry groups. This powerful source of capital raising is attracting more attention among Sri Lankan corporates of…