The Colombo Stock Exchange (CSE) benchmark All share Price Index (ASPI) reached an all-time high of 9,881 points today the first time in market history.
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.…
Sophos, a global leader in next-generation cybersecurity, today announced findings from its survey report, “The State of Ransomware in Financial Services 2021,” that show how mid-sized financial services organizations worldwide spent…
Southeast Asia is one of the most vulnerable regions in the world to global climate change.
As the Intergovernmental Panel on Climate Change (IPCC) found in its latest report, Southeast Asia faces rising sea levels, heat waves,…
For the first time in the history of Ampara district, the ‘Handrich Agro Care Solution and Industries Centre’ providing agricultural machinery and guidance introduced paddy cultivation with technology of row seeding with the help of…
For 53-year-old H.A.M. Weerasooriya, life after school was all about the hustle. Given his advanced education in the sciences, he tried – and failed – to find jobs with the government and within the private sector. After years of…
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.…
Increased financial inflows bolstered Gross Official Reserves (GOR) during August 2021. Gross official reserves increased to USD 3.5 billion by the end of August 2021, from USD 2.8 billion at the end of July 2021.
This increase…