Business

The Board of Investment (BOI), has approved USD 770 million worth of Foreign Direct Investments (FDIs) for the first six months of 2021 said Chairman BOI, Sanjaya Mohottala. In addition over 1.5 billion are in the pipeline and…

Did you know one of the most common types of plastic found in your home is PET (Polyethylene Terephthalate)? PET plastic waste is a valuable commodity when responsibly disposed of and managed, as it is 100% recyclable! Due to this…

The 42nd National Conference of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the 20th Conference of the Confederation of Asian and Pacific Accountants (CAPA), a top regional accounting body, will raise the…

With Covid-19 bringing significant challenges to everyone, Children have been confined to homes, limiting their day-to-day playful activities. Understanding these challenges, SLT-Mobitel took prompt measures to provide children…

MAS Active – Asialine has become the first manufacturing facility in Sri Lanka to obtain the trio of Global Recycled Standard (GRS), Global Organic Textile Standard (GOTS) and Responsible Wool Standard (RWS) certifications.…

Employee engagement has already become a buzzword in business circles. It captures the essence of employees’ head, hands and heart involvement in work. It refers to an employee’s psychological state (e.g. one’s identification with the…

The global price of LP gas increased to an unprecedented amount of 800 USD per tonne on October 1, 2021. When converted directly to a 12.5kg Cylinder, the cost of the product adds up to Rs. 2,021. However, at present, the price…

Asian Development Bank Country Director Dr Chen Chen has stated that the Southern Expressway is the best in the South Asian region. He said so during last week’s meeting between ADB Director General for South Asia Department,…

Towards fulfilling 70% of Sri Lanka’s energy sector requirements by 2030 through renewable energy as spelt out in the Vistas of Prosperity and Splendor of President Gotabaya Rajapaksa, the government sought assistance from the Asian…

The Milk Powder Importers Association (MIA) yesterday assured that consumers could fulfil their milk powder requirements from next Wednesday or Thursday without any further shortage under the new prices which are to be approved by the…