Teejay reports its highest quarterly revenue since inception
Strong revenue and profit growth in the fourth quarter at both Group and Company level have enabled Teejay Lanka PLC to significantly minimise the …
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Parliament adopts Port City Bill; Project Company invites investors to explore opportunities
CHEC Port City Colombo, the Project Company, invites local and foreign investors to explore the unique investment opportunities now available at Port …
We will refer offers to the principal company for approval: Hemas Pharmaceuticals
Sole local representative for AstraZeneca and Pfizer in Sri Lanka, Hemas Pharmaceutical (Pvt) Ltd says that they will refer all offers other than …
Sri Lanka records USD 798.9 Mn exports in April
Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic-induced lockdown last …
CEAT ranked Sri Lanka’s Most Valuable Brand in ‘Motor’ segment
CEAT, the tyre brand manufactured in Sri Lanka by CEAT Kelani Holdings, has been ranked the most valuable consumer brand in the country’s …
Last batch of detained migrant workers in Saudi Arabia returns to Sri Lanka
Repatriation of Sri Lankan migrant workers kept in the detention centres in Riyadh and Jeddah has been completed with the last batch of 103 detainees …
SriLankan Airlines signs MOU with Boeing
SriLankan Airlines and Boeing, the leading aerospace company in the USA signed a collaboration MOU in Colombo, Sri Lanka recently. The new agreement …
Third wave of pandemic highlights need for continued fiscal & monetary support: CBSL
The Sri Lankan economy, which rebounded notably during the second half of 2020 and early 2021 as per available indicators, is experiencing renewed …
CBSL continues accommodative monetary policy to support sustained recovery of economy
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 19 May 2021, decided to maintain the Standing Deposit Facility Rate …
Foreign Minister meets EU Ambassadors in Colombo
Ambassadors of the European Union (EU) based in Colombo called on Foreign Minister Dinesh Gunawardena on Tuesday 18 May 2021 at the Foreign Ministry …
FIU imposes Rs. 4 Mn penalties for 1Q 2021 to enforce compliance on Financial Institutions
As the regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) in Sri Lanka, the Financial Intelligence Unit (FIU) …
President to Inaugurate Sri Lanka Investment Forum 2021
The President, in inviting global investors to participate in “Sri Lanka’s Growth Decade”, stated that “Sri Lanka is looking to unleash a …
Certain clauses in Port City Bill inconsistent with Constitution: SC (Full Determination)
Speaker Mahinda Yapa Abeywardena informed Parliament today that some clauses in the Port City Economic Commission Bill are inconsistent with the …
Dutch partner CSI joins hands with Tropical Green Exports in an investment partnership
Ceasar Sustainable Invest BV, recently announced its partnership with Tropical Green Exports recognizing the potential of the coconut substrate …
Sampath Bank Digitalizes KYC Process in Partnership with Dept for Registration of Persons
Sampath Bank entered into a Memorandum of Understanding (MOU) with the Department for Registration of Persons (DRP) to facilitate customer …
Interview: Union Assurance will continue to grow through distribution channel expansions
Union Assurance was awarded Life Insurance Company of the Year at Business Leader Awards ceremony held in India recently affirming its leadership in …
Are we getting the Colombo Port City Financial Centre right?
By H. Dabarera and KD Vimanga. Background The Colombo Port City commission bill is to be debated in parliament this week. Over the last few …
Panasian Power PLC records 63-pct increase in net profit for FY20/21
Panasian Power PLC (CSE:PAP.N) one of Sri Lanka’s leading green energy solutions providers, posted a consolidated net profit of Rs 248 million for …
Notice on Covid 19 to passengers travelling on UL to Australia
As per the latest health guidelines issued by the Australian High Commission in Colombo, passengers travelling on SriLankan Airlines to Australia …
HNB records Profit After Tax of Rs 4.7Bn during the first quarter of 2021
HNB recorded a Profit After Tax (PAT) of Rs 4.7 Bn during the first quarter of 2021 while Profit Before income Tax (PBT) amounted to Rs 5.5 Bn. At …
Opinion: Digitalization is the way forward for Sri Lanka
By JUNKO NARIMATSU, Digital Development Specialist, World Bank; ANEESA MENDIS , Digital Development Consultant, World Bank , JAGATH SENEVIRATNA , …
Pro Tip: How to Address Corona Virus Employment Gap on LinkedIn
By Chathurika Jayawardana, Founder, Career Kit First and foremost, be honest about it. Employers are aware that job loss during this pandemic is due …
United States funds Training Center & Case File System for Attorney General’s Department
With support from the United States, the Attorney General’s Department inaugurated a state-of-the-art training center and launched an electronic …
EDB supports exporters to continue operations during travel restrictions in Sri Lanka
The Sri Lanka Export Development Board (EDB) has made arrangements to facilitate export-oriented industries based on the circulars issued by the …