Business

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

Business

Sri Lanka Pavilion Shines at 70th Bangkok Gems and Jewellery Fair, Showcasing Global Expertise

The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on.

  • September 19, 2024
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Business

CIOB Announces Construction Expo 2025: A Key Event for Sri Lanka’s Building Industry

The Ceylon Institute of Builders (CIOB) has unveiled plans for the Construction Expo 2025, scheduled to take place from March 14 to 16,.

  • September 18, 2024
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Business

Sri Lanka Sets New Wage Rates for Tea and Rubber Workers at Rs1,350 Plus Rs50 per Kilo

Sri Lanka’s wage board has announced new daily wage rates for tea and rubber workers effective from September 10, as detailed in a.

  • September 18, 2024
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Business

Sri Lanka’s Planters’ Association Celebrates 170 Years of Service to the Plantation Industry

Sri Lanka’s Planters’ Association (PA), representing the managers of the island’s commercial farms growing tea, rubber, coconut, and palm oil, is celebrating its.

  • September 13, 2024
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Business

Jaya Container Terminals Celebrates 16 Years of Success with Record-Breaking Growth

Jaya Container Terminals Ltd. (JCT Ltd.), a subsidiary of the Sri Lanka Ports Authority (SLPA), recently celebrated its 16th anniversary, marking a significant.

  • September 12, 2024
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Business

Milco Milk Powder Price Reduced: New Rates Effective from Today

The price of Milco milk powder has been reduced, with the new prices coming into effect from today (10th September). Consumers will now.

  • September 10, 2024
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Business

JAAF Urges Government to Address Business Visa Issues Promptly

The Joint Apparel Association Forum (JAAF) has called on the Sri Lankan government to urgently address the challenges surrounding the issuance of short-term.

  • September 9, 2024
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Business

Commercial Bank of Sri Lanka Completes Liquidation of Money Transfer Unit in Italy

Sri Lanka’s Commercial Bank of Ceylon PLC has officially completed the liquidation of its subsidiary, Commex Sri Lanka S.R.L., located in Rome, Italy..

  • September 6, 2024
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Business

LTL Holdings to Raise Rs. 16 Billion via Largest IPO in Sri Lanka

LTL Holdings, one of Sri Lanka’s leading power conglomerates, announced plans for an Initial Public Offering (IPO) to raise Rs. 16 billion, marking.

  • September 4, 2024
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Business

Deadline Approaches for Phasing Out Temporary VAT Registration in Sri Lanka

Sri Lanka is set to amend its Value Added Tax (VAT) Act to phase out temporary VAT registrations by the end of 2024,.

  • September 4, 2024
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