Sri Lanka January inflation at 3.7-pct
The overall rate of inflation as measured by NCPI on Year-on-Year basis is 3.7 percent in January 2021 and inflation calculated for December 2020 was 4.6 …
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Economy at a glance for 2020:Double whammy blow
Highlights ICRA Lanka estimates Sri Lanka’s GDP growth rate in 2020 to be -4%. In addition, our estimates indicate industry, services, and agricultural …
Kantar to offer media monitoring service in SL
Kantar recently announced that it would start providing Media Monitoring service in Sri Lanka. The announcement comes as Kantar has agreed to acquire …
Lanka Property Web says SL real estate market stable despite pandemic
“Since the turn of the year there has been an increase in real estate activity by property buyers and sellers”, said Sri Lanka’s leading property portal …
PM opens new manufacturing facility of seafood exporter Ceylon Catch
The new fish manufacturing facility of Ceylon Catch (Pvt) Ltd. was declared open by Prime Minister Mahinda Rajapaksa on Thursday at Dankotuwa. The company is …
Eco-Spindles breaks ground on new polyester yarn facility
Aims to double polyester yarn production by 20222,300 tonnes of waste plastic bottles recycled in 2019/20Targeting export demand for recycled polyester fabrics …
SLT Group’s operating profit for 4Q 2020 grew by 27-pct, revenue recorded at Rs. 24Bn
Sri Lanka Telecom PLC (SLT) Group concluded financial year 2020 on a high note, with a significant 25% YoY growth in profit after tax to Rs. 7.9 Bn, despite …
Driving growth-bridging deficits – outlook 2021 report of Ceylon Chamber
The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy and Sector Review and Outlook 2021 webinar recently. The Outlook …
CMTA warns, beware of surging frauds in used-vehicle market
The Ceylon Motor Traders Association (CMTA), Sri Lanka’s automotive association has raised concerns over the heavily persistent fraudulent acts associated …
JKH and HEMAS consumer collaborate to battle plastic pollution
Plasticcycle, the Social Entrepreneurship Project of the John Keells Group is pleased to onboard Hemas Consumer, in its bin placement initiative targeted …
Foreign Ministry to open a Regional Consular Office in Kandy
Under the guidance of the Foreign Minister, Dinesh Gunawardena, to give impetus to the National Policy Framework of the Government, by enhancing the efficiency …
Sri Lanka national tea sales average up in Jan 2021
All elevations show an increase YOY in LKR and USD terms Feb 03, 2021 (LBO) - The National average for the month of January 2021 of Rs. 645.02 (USD 3.40) has …
APHNH calls for prioritization of private healthcare workers in National vaccine drive
In an appeal to the Government, The Association of Private Hospitals and Nursing Homes (APHNH) requested that private healthcare workers receive priority, …
Piramal Glass Ceylon reports 110-pct growth in PAT for nine months
Piramal Glass Ceylon reported its nine-month results as at 31st December 2020, with a turnover of Rs. 5,961 Million & PAT of 694 Million as against Rs. …
Sri Lanka inflation at 3-pct for Jan 2021
Feb 02, 2021 (LBO) - The overall rate of inflation as measured by CCPI on Y on Y basis is 3.0 percent in January 2021 and Y on Y inflation calculate for the …
Minister green lights productivity-linked wage proposal for RPCs: Unions are still to agree
Feb 01, 2021 (LBO) - On the request of Labour Minister, Nimal Siripala de Silva, Regional Plantation Companies (RPCs) submitted a revised wage proposal to …
Sri Lanka can achieve a greener and more prosperous future
By Andrew Zakharenka, Natural Resources Management Specialist Farmers, hoteliers and homestay owners, fishers, producers of the famous Kanthale milk curd, …
Lina Spiro launches Sri Lanka’s first metered-dose inhaler manufacturing plant
Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), officially commenced the operations of …
Sunshine Holdings selects IFS ERP platforms for subsidiary companies
IFS, the global enterprise applications company, announces that Sunshine Holdings PLC, a leading conglomerate will roll out a comprehensive enterprise resource …
Opinion: Extended producer responsibility to help address Sri Lanka’s plastic waste management
By Manjula de Silva, Secretary General and CEO, Ceylon Chamber of Commerce Each year, over 640,000 metric tonnes of plastic leak into the Indian Ocean from …