Business

India’s telecom giant Bharti Airtel said yesterday it plans to raise 210 billion rupees (RM11.9 billion) by selling shares to existing shareholders ahead of the rollout of its 5G network. “The board of directors...…

The Coconut Development Authority(CDA) has started discussions with the relevant agencies including the Board of Investment for the establishment of a Specialized Export Processing Zone(EPZ) dedicated to coconut related industries in…

Over 200 agribusinesses in Sri Lanka are now better informed on the business need for climate change adaptation following a successful webinar, ‘Experience from Industry Leaders,’ organised by The Ceylon Chamber of Commerce in…

SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance, elaborates on the efficacy of the health and safety measures that are put in place throughout its passenger journey with the intention of…

Left to right: Dr.Prasad Liyanage - Regional Epidemiologist, Dr.Sumal Nandasena - Consultant Community Physician, Dr.Gihan Fernando – Coordinator, Dr.Udaya I. Ratnayake - Regional Director of Health, Mr.Prasanna Janaka - District…

South Korean institutional economist and best-selling author Ha-Joon Chang called on the Central Bank of Sri Lanka and the government to have targeted credit schemes to boost economic development in the country. Chang noted that…

LOLC with its robust MSME-based (Micro, Small and Medium Enterprises business model is expanding its global footprint with three parallel investments being made in Tajikistan in Central Asia as well as Malawi and Tanzania in East…

Power generation headed upward over the years as defensiveness made the sector resilient against economic fluctuations according to First Capital Research’s GREEN ENERGY report. Power generation in Gigawatt hours (GWh) has been…

Recording its highest ever profit for a period of six months with a Profit Before Tax (PBT) of Rs. 13. 9 Bn and a Profit After Tax (PAT) of Rs.11Bn, National Savings Bank (NSB) shows strength and financial resilience in performance…

The Association of Small & Medium Enterprises in Tourism in Sri Lanka (ASMET) the Apex body which represents the Small & Medium (SME) sector in tourism in Sri Lanka has forwarded its observations and proposals for the…