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The government’s initiative to develop and beautify 100 towns across the country will begin today from Hiripitiya in the Kurunegala District under the patronage of Prime Minister Mahinda Rajapaksa. This is a programme being…
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Sri Lanka has transferred funds to repay a $1 billion bond by the Tuesday deadline, keeping intact its reputation for honoring debt as concern mounts about the nation’s overseas financing. The money was transferred Monday, Ajith…
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Past President of Moratuwa Jaycees (Junior Chamber) Vimal de Mel passed away in Stockholm. De Mel was an active member of the Jaycees and played a key role in the projects conducted by his chapter. In 1979, he migrated to Sweden with…
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Sumathi Information Technologies (SiT), a subsidiary of Sumathi Holdings a large and extensively diversified business conglomerate in Sri Lanka, is a well reputed and established organization in the technology industry in Sri Lanka.…
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In a period fraught with uncertainty, technology company 99x’s ability to continue ‘business as usual’ and be a supportive life partner to its people saw it being listed as a Best Workplace in Sri Lanka for the ninth consecutive year…
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Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 billion in applications. Structured, managed and placed internally; the Bank planned to raise up to LKR…
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Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), remained unchanged at 6.1% in June 2021 due to the statistical effect of the high base prevailed in June 2020.…
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The Kankesanthurai Port (KKS)which is being rehabilitated and developed into a commercial port for the creation of a domestic and regional maritime hub will be completed by end 2023. Among the economic uses of the development of…
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Tea Small Holders will bring in increased USD 200 million export revenue from tea for 2021 in comparison to last year despite controversy of chemical fertilizer. Chairman Tea Small Holdings Development Authority (TSHDA) Dr.…
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Sri Lanka’s apparel industry – which accounts for 47 per cent of the nation’s exports and 15 per cent of industrial employment – is critical to our national economic health and well-being. Therefore, ensuring that the industry remains…
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