Sunshine Holdings sustains growth momentum in 1QFY25
Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) continued demonstrating resilience amidst prevailing macroeconomic conditions, reporting a topline …
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CameraLK Unveils New Sony Service Center with Specialized Repair Solutions
CameraLK, Sri Lanka's leading camera retail giant, recently unveiled its brand-new CameraLK Service Center at 244 High Level Rd, Colombo 05. This …
Private Sector Companies Awarded Authorised Economic Operator Status
Thirty-one private sector companies were awarded the prestigious AEO Tier 1 status at a Sri Lanka Customs awarding ceremony on 30 July at the NH Collection …
Applications are now open for Presidential Export Awards 2023/24
The Sri Lanka Export Development Board (EDB) is pleased to announce that applications are now open for the Presidential Export Awards (PEA) 2023/24. The PEA …
Sri Lanka CCPI based headline inflation up by 2.4-pct in July 2024
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) was recorded at 2.4 percent in July …
Central Bank of Sri Lanka publishes its inaugural market operations report
The Central Bank of Sri Lanka (the Central Bank) released its inaugural Market Operations Report (MOR) with the aim of enhancing awareness and knowledge among …
Offshore banking regulations gazetted for banks set to operate at Port City Colombo
Port City Colombo announced that two regulations, Offshore Banking, and Offshore Banking -- Prudent Management and Confidence, have been gazetted for …
Signing of MoU between ACCA and the CSE to increase financial literacy in Sri Lanka
The Association of Chartered Certified Accountants (ACCA) and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) recently to establish …
Port City Economic Commission Act to be amended to enhance global competitiveness
The Cabinet of Ministers has approved the proposal presented by the President in his capacity as the Minister of Investment Promotion to instruct the …
JKH records EBITDA of Rs.7.7Bn in Q1 2024/25, down 13-pct from year ago
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group EBITDA in the first quarter of …
Thilak Piyadigama takes the helm at WEBXPAY
In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama, a veteran with over three decades of …
Maharaja Foods Ltd launches pioneering IPO on CSE’s empower board
Maharaja Foods Limited, marked a significant milestone on 26th July 2024, becoming the first woman-owned enterprise in the agribusiness sector with roots in …
Time is running out: JAAF calls on GoSL to urgently reconsider SVAT abolition
With the countdown to the forthcoming abolition of the Simplified Value-Added Tax (SVAT) system ticking down to an end date of 1 st April 2025, the apex body …
Balancing wages and well-being: A sustainable future for Sri Lanka’s Plantation sector
By Dr. Dan Seevaratnam Sri Lanka continues to grapple with severe economic challenges that affect all its citizens, including those in the plantation sector. …
Ceylon Chamber calls on Government to Revisit Visa strategy
The Ceylon Chamber of Commerce requests the Government to consider all aspects of the new eVisa issuance process and review the pricing in the larger interest …
Lower Generation Costs Support CEB’s Tariff Cut; No Immediate Risk to IPP Payments: Fitch Ratings
Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will stay adequate to service debt despite a 22.5% tariff cut from 16 July 2024, Fitch Ratings …
Prime Minister and Ministers Give Green Light to Operationalizing Citra 3.0
The Prime Minister of Sri Lanka, Hon. Dinesh Gunawardena convened a meeting yesterday with the co-chairs of the Citra Social Innovation Lab Governance Board, …
Onomichi Dockyard MD Visits HIP to Seal Partnership
The Managing Director of Onomichi Dockyard Company, Japan, and Director of Colombo Dockyard PLC (CDPLC), Kunio Kobatake, recently visited Hambantota …
UNICOM TIC, Jaffna’s New Tech Talent Incubator
By Jekhan Aruliah I know people for whom Rs10k is a lot, and others where Rs1million is not a lot. But for rich and poor one thing is the same. We all have 60 …
Research Intelligence Unit unveils “Asia’s Real Estate Opportunity of the Century” at Port City
The Research Intelligence Unit (RIUNIT), an international research and consulting firm with its Asia Headquarters in Colombo, proudly announces the successful …