Business

Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.

Business

Chinese Construction Giant Sets Sights on Sri Lankan Development Projects

Sri Lanka’s infrastructure landscape is poised for a potential shakeup with the arrival of Zhong Wei International Corporation, a leading design and construction.

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Business

Hatton National Bank Bolsters Board with Veteran Banker Appointments

Hatton National Bank PLC (HNB) made a strategic move by appointing S. Renganathan and Nanda Fernando, former managing directors of leading Sri Lankan.

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Business

Amana Takaful Maintains Growth Trajectory for Third Year Running

Amana Takaful Insurance PLC (General) is celebrating another year of exceptional performance, solidifying its position as a leader in Sri Lanka’s insurance industry..

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Business

Commercial Bank and IFC Join Forces to Empower Sri Lankan SMEs

The Commercial Bank of Ceylon has embarked on a strategic partnership with the International Finance Corporation (IFC) to establish itself as Sri Lanka’s.

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Business

Exploring Opportunities: Thai Delegation Visits Hambantota International Port

A delegation from the Thai Prime Minister’s Office recently visited the Hambantota International Port (HIP) in Sri Lanka. This eight-member group, comprised of.

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Business

People’s Bank Navigates Challenges, Reports Solid 2023 Performance

People’s Bank of Sri Lanka capped off 2023 with a consolidated operating income of LKR 96.8 billion and a pre-tax profit of LKR.

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Business

Intrepid Travel Sees Sri Lanka as Key Player in Ambitious Growth Strategy

Intrepid Travel, the world’s largest adventure travel company and a champion of responsible tourism, is placing a significant bet on Sri Lanka. Chairman.

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Business

Sri Lanka’s Graphite: A Golden Opportunity in the Electric Vehicle Boom

Sri Lanka possesses a unique advantage in the global market – its graphite. This high-quality mineral, known as vein graphite, is considered the.

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Business

Richard Pieris Group Weathers the Storm with Strong Financial Performance

Despite a challenging economic climate in FY2022/23, the Richard Pieris Group demonstrated remarkable resilience. The company achieved a significant milestone, recording total revenues.

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Business

Sri Lanka Unveils New Benchmark for Corporate Transparency: The TAGS Compliance Badge

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has taken a significant step towards promoting transparency and excellence in corporate.

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