Hela Apparel Holdings IPO oversubscribed by 5.4 times
Hela Apparel Holdings (the holding company of the Hela Clothing Group) made history this month with the successful oversubscription of the largest initial …
Q3 performance at JKH Group sees turnaround in Leisure business
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant …
Loops wins big at SLIM DIGIS
Award-winning creative-led integrated marketing agency, Loops Integrated, received 6 recognitions, including a Gold, at the SLIM DIGIS Awards, held on the 25th …
Renewable energy can be a solution to SL’s energy crisis
Sri Lanka is currently facing an acute energy crisis, primarily due to the country’s reliance on imported fossil fuel. The solution to this is for the …
Indonesia pledges to strengthen palm oil smallholders
A special meeting was held on the 11th of January 2022 between the Palm Oil Association of Sri Lanka (POIASL) and Her Excellency, Dewi Gustina Tobing, …
Sri Lankan sapphires highlighted at SL Embassy in China
Sri Lankan gemstones were showcased at a glamorous event hosted by the Embassy in Beijing on 17 January, 2022. Sponsored by the ‘LARWINER - Gem Art …
Foreign Minister discusses range of projects with Korean Speaker
Foreign Minister Prof. G.L. Peiris hosted a Lunch on 20 January, 2022 in honour of the visiting Korean Delegation headed by the Speaker of …
Opinion: Special goods and services tax, Issues and concerns
Dr Roshan Perera & Naqiya Shiraz Background The new bill titled ‘Special Goods and Services Tax’ was published by gazette dated 07 January …
Women in Management, IFC and Government of Australia recognise inspiring women from Sri Lanka and Maldives
The 'Top50' Professional and Career Women Awards 2021 – hosted by Women in Management (WIM), in collaboration with Women in Work, a partnership between IFC …
Sri Lanka’s INSEE Cement and IUCN partner to support biodiversity conservation
Siam City Cement Group (SCCC Group) and the International Union for Conservation of Nature (IUCN) extended their partnership for another three years by …
Opinion: Repay foreign debt or finance essential imports
By Chair of our Academic Programme and former Economic Adviser at the World Bank, Dr. Sarath Rajapatirana, and our Senior Research Fellow, and former Director …
How Samsung foldables are defining the future of smartphone innovation
When Samsung Electronics revealed its first prototype of a flexible display back in 2011, few people realized they were witnessing a glimpse into the mobile …
Hela Apparel Holdings prepares for upcoming IPO on 12th Jan
The initial public offering of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group) is set to open on the 12th of January 2022. The …
SriLankan Airlines reports a net Profit in December 2021
SriLankan Airlines reports a Company Profit of USD 9.25 million and a Group Profit of USD 10.66 million for December 2021, which is the first profitable month …
Opinion: Diversification vital for the long-term stability of the RPCs
Should optimise assets, not limit themselves to being solely agriculture businesses By Bhathiya Bulumulla Over the past three decades, the Regional Plantation …
SriLankan partners with American Airlines for better connectivity across N America and Europe
SriLankan Airlines has announced that the Airline reestablished a codeshare arrangement with American Airlines in December 2021, which is expected to offer …
Daraz reinvents: A new perspective for SL’s e-commerce
Daraz is entering a new phase of its journey towards creating exceptional user experiences and developing a digitized ecosystem. Embarking on an exciting …
15-pct food price increase in a single month; Advocata
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of food, recorded an increase of 15% from November 2021 to …
Opinion: Government heavy-handedness to blame for our currency woes
By Vinuja Singharachchige: Much is being said nowadays about the pressures the Sri Lankan Rupee is facing, but it is important that we understand the mechanics …
Eco Spindles aims to increase plastic recycling by 10-pct
Eco Spindles, Sri Lanka’s largest plastics recycler equipped with one of only two plants in the world capable of creating polyester yarn directly from …