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Business
India’s ‘New Generation Aircraft’ Hansa completes maiden flight
Bengaluru (Karnataka): Hansa New Generation (NG) aircraft, designed and developed by Council of Scientific and Industrial Research-National Aerospace Laboratories (CSIR-NAL), Bengaluru, successfully made its maiden flight from…
S P Tao passes away
Overseas Realty (Ceylon) PLC announced with great sadness the passing of S P Tao (Tao Shing Pee) Founder, Chairman and Director of the Company, in Nanjing, China last week. Tao lived to a great age of 105 and passed away peacefully.…
Market consolidates, holds ground at 9,000 level
The Colombo bourse witnessed a gradual drop in both main indices where the All Share Price Index declined by 135.1 points (-1.5%) to close at 9,092.7 whilst the S&P SL20 Index also decreased by 34.7 points (-1.0%) to close the day…
LAUGFS Maritime Services celebrates seven years
LAUGFS Maritime Services, one of Sri Lanka’s foremost ship owning and management company is geared to pursue growth goals through becoming a debt-free company by September 2021 and continuing to excel in providing Liquefied Petroleum…
LG range of innovative products from Abans
South Korean electronics giant, LG, has always been at the forefront of introducing innovative products featuring the latest in technology, as part of their mission to help people lead comfortable and convenient lifestyles.…
Union Assurance records Rs.6.5 bn GWP in 1H
Union Assurance PLC closed the first half of the financial year as the fastest growing life insurer, achieving a 65% growth in regular new business premiums among the top 5 life insurers in Sri Lanka amids a pandemic-affected business…
BOI, Jay Jay Mills sign up for US$ 4 mn expansion to Trincomalee
In line with the government’s policy of developing regional industrialization, the Board of Investment (BOI) of Sri Lanka recently entered into a supplementary agreement with Jay Jay Mills Lanka, to lay foundation to an initial…

