John Keells Holdings Completes Delisting of Luxembourg GDR Programme
John Keells Holdings has announced the successful completion of the delisting of its Global Depositary Receipt (GDR) programme from the Luxembourg Stock Exchange..
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
JAT Holdings Achieves 77% Bottom Line Growth in Q1 FY25
JAT Holdings PLC has reported impressive financial results for the first quarter of FY25, with significant growth in both revenue and profit. The.
- August 21, 2024
Business
Sri Lanka’s Tea Exports Drop 6.2% in July 2024, But FOB Value Rises
Sri Lanka’s tea exports in July 2024 totaled 21.35 million kilogrammes, marking a 6.2% year-on-year decline. While bulk and packeted tea exports showed.
- August 20, 2024
Business
Luxury Airport Shuttle Service Launched from BIA to Colombo and Makumbura
A new luxury ‘Airport Terminal Shuttle Service’ has been launched from Bandaranaike International Airport (BIA) to the Colombo Fort Railway Station and the.
- August 16, 2024
Business
ComBank Secures Historic Rs. 22.54 Billion Through Record-Breaking Rights Issue
The Commercial Bank of Ceylon PLC has successfully completed the largest rights issue ever by a bank in Sri Lanka, raising a substantial.
- August 16, 2024
Business
BYD Auto Open to Future Assembly Plant in Sri Lanka Based on Market Demand
A top official from China-based BYD Auto Industry Co. Ltd has expressed that the company is open to discussions about setting up an.
- August 15, 2024
Business
Sri Lanka-Australia-New Zealand Business Council Holds 29th AGM
The 29th Annual General Meeting (AGM) of the Sri Lanka-Australia-New Zealand Business Council (SLANZBC), part of the Ceylon Chamber of Commerce, recently took.
- August 14, 2024
Business
Sri Lanka Panel Sets Daily Wage for Plantation Workers at 1,700 Rupees
Sri Lanka’s Wages Board has mandated a daily wage of 1,700 rupees for plantation workers, which legislators argue amounts to 2,000 rupees with.
- August 13, 2024
Business
Devaka Cooray and Hiran Cabraal Appointed to Jetwing Symphony Board
Jetwing Symphony PLC has announced the addition of Devaka Cooray and Hiran Cabraal to its Board as Non-Executive Independent Directors. Devaka Cooray, a.
- August 13, 2024
Business
CA Sri Lanka Hosts Forum on IMF Tax Reforms
To facilitate a deeper understanding of the International Monetary Fund (IMF) tax reforms, the Institute of Chartered Accountants of Sri Lanka (CA Sri.
- August 13, 2024