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BOI receives several positive responses from investorsBusinessShirajiv Sirimane and Claude GunasekeraState Minister Dilum Amunugama and officials at the press conference in ColomboTags: Print EditionOpening up a new multi-million-dollar…
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BusinessTags: Print EditionFitch Ratings has assigned Sri Lankan conglomerate Hayleys PLC a National Long-Term Rating of ‘AAA(lka)’. The outlook is stable. Fitch has also assigned a ‘AAA(lka)’ National Long-Term Rating to Hayleys’ senior…
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BusinessTags: Print EditionThe Central Bank says that during the year up to May 26, 2023, the Sri Lankan rupee appreciated against the US dollar by 19.8 %. Given the cross currency exchange rate movements, the Sri Lankan rupee appreciated…
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BusinessManaging Director, Indika Kiriwandeniya, CEO, Ivan Nicholas and Chief Business Officer Kenaddy MichaelTags: Print EditionSANASA Life Insurance Co PLC, has taken a giant leap in the field of Life Insurance in Sri Lanka during the…
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BusinessTags: Print EditionExport of Services from Sri Lanka increased by 9.56% over the corresponding period of 2022 according to the Export Development Board. (EDB) The estimated value of services exports for the period of January to…
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BusinessTags: Print EditionAirAsia marks another foray into South Asia by offering direct services between Colombo and Bangkok flying 4-times a week commencing operation July 9, 2023 with special promotional all-in fares. Chief Executive…
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BusinessChairman Amal CabraalTags: Print EditionDiversified Sri Lankan conglomerate Sunshine Holdings recorded resilient revenue growth in a challenging macroeconomic environment recording a Group revenue of Rs. 51.9 billion for the year…
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BusinessTags: Print EditionBulk carrier Papayiannis III sailing under the Marshall Islands flag was en route from Port Said, Egypt, to Singapore when it experienced a sudden engine failure. The vessel, which was declared NUC (Not Under…
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BusinessPresident SL Japan Business Council of the Ceylon Chamber of Commerce Mahen Kariyawsan and Japanese counterparts at the meetingTags: Print EditionOn the sidelines of the visit of President Ranil Wickremesinghe and the Round Table…
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BusinessTags: Print EditionAs a member of the Abans Group, Abans Solar has taken the lead in introducing an environmentally friendly energy solution to Sri Lanka, through its reliable solar power systems. Reflecting advanced technology,…
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