Business

Arshad Ahamed joins as Director Strategy, GroupM with over 13 years of experience in the industry both locally and internationally. He has worked in Multinational agencies and corporates in Malaysia, Indonesia, India, Bahrain, and Sri…

Israel will allow small foreign tour groups from selected countries to visit from September 19 under a pilot program to kick-start tourism, the government said on Sunday. Tour groups of between 5 and 30 people from countries on…

Hirdaramani Group Director Aroon Hirdaramani noted that the US $ 10 billion goal for Sri Lankan apparel exports by 2025 was unfeasible but that the sector could aim to achieve US$ 8 billion by 2025. He noted the difficulty in reaching…

Marriott’s CEO warns that the company is in a “fight for talent” as it seeks to hire 10,000 staff at hotels in the United States to accommodate the rapid recovery of bookings. Tony Capuano took over after his predecessor’s death…

Overseas Realty (Ceylon) PLC announced the passing of. S P Tao (TaoShing Pee) Founder, Chairman and Director of the Company, in Nanjing, China on 24th August 2021. Tao lived 105 years and passed away peacefully. Tao was the…

The All Share Price Index reached its all-time high of 9,335.9 points on Thursday and closed the week at 9,316.7amidst recording an impressive total turnover over Rs.59 Bn for the week (average weekly turnover of Rs.11.9 Bn). Further…

Aeroflot the Russian airline will operate direct flights to Colombo from November 4. This will be two flights per week. The flights will be operated on a wide-body Airbus A330-300 aircraft. The airline has already opened the sale…

The Ceylon Institute of Builders (CIOB) have written to Finance Minister Basil Rajapaksa, Rural Housing and Construction and Building Materials State Minister Indika Anuruddha Herath and several other decision-makers seeking redress to…

HMD Global, the home of Nokia phones, introduces its latest Android 11 (Go edition) smartphone joining the C-series family – Nokia C01 Plus. Award-winning build quality upgraded to 4G and moulded into a trusty enabler for tasks,…

Lanka IOC stepped up their commitment to giving back to society through CSR activities by way of distribution of very hygienic dry ration stuff to numerous families of the Sri Lanka Welfare Society of the Blind Women. The same…