New electricity bill presented to Parliament
Power and Energy Minister Kanchana Wijesekera unveiled the highly anticipated ‘Sri Lanka electricity bill’ in Parliament yesterday, marking a significant step towards modernizing.
Business
Covering the latest developments in the business world, including mergers and acquisitions, new product launches, executive changes, and company earnings reports.
Business
Business
Dialog Axiata recognised as the most significant FDI contributor by BOI
Dialog Axiata PLC has been recognized as the most significant Foreign Direct Investment (FDI) contributor by the Board of Investment (BOI), marking a.
- April 26, 2024
Business
Port City Colombo makes significant progress in capturing key investments
Port City Colombo, a dynamic Special Economic Zone (SEZ) and emerging regional financial center, is making significant strides in attracting key investments as.
- April 25, 2024
Business
ComBank crowned ‘Best Bank in Sri Lanka’ by Global Finance for 22nd year
In a recent announcement by the US-based Global Finance magazine, the Commercial Bank of Ceylon has once again secured the title of ‘Best.
- April 25, 2024
Business
Commercial Bank Announces New Leadership Appointments
The Commercial Bank of Ceylon PLC has appointed new leadership, effective April 22nd, 2024. Sharhan Muhseen takes the helm as Chairman, while Raja.
- April 17, 2024
Business
National Savings Bank Navigates Challenges to Achieve Positive Performance in 2023
The National Savings Bank (NSB) demonstrated resilience in 2023, achieving a Profit After Tax (PAT) of Rs. 7.2 billion. This accomplishment reflects the.
- April 10, 2024
Business
Revolutionizing Sri Lankan MSMEs: The Launch of Genie Business
Dialog Finance PLC has launched Genie Business, a comprehensive fintech platform designed to empower Sri Lanka’s Micro, Small, and Medium Enterprises (MSMEs). This.
- April 10, 2024
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.
- April 8, 2024
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.
- April 3, 2024
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..
- April 2, 2024