Business

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

Business

Richwin Plaza and Richwin Investment Shine at Iconic Awards 2024

Richwin Plaza Private Limited and Richwin Investment and Credit Private Limited, both part of the same business group, garnered prestigious awards at the.

Read More
Business

Maliban Secures Court Ruling Against Uswatte’s Copycat Packaging

The Commercial High Court of Colombo has issued an enjoining order against Uswatte Confectionery Works Ltd., prohibiting them from manufacturing, distributing, and selling.

Read More
Business

MillenniumIT ESP Launches Global Service Delivery Centre at Port City Colombo

MillenniumIT ESP, a leading enterprise solutions provider, has announced a significant milestone in its growth journey with the establishment of its Global Service.

Read More
Business

Tea Sales Average Rises by US $0.06 in September 2024

The national tea sales average for September 2024 reached Rs.1,207.99 (US $ 4.04), marking an increase of Rs.19.50 and US $ 0.06 compared.

Read More
Business

Channa Gunawardana Appointed Chairman of Litro Gas Lanka

Litro Gas Lanka Ltd. and Litro Gas Terminal Lanka Ltd. have announced the appointment of Channa Gunawardana as their new Chairman, a move.

Read More
Business

Aviyana Named Main Sponsor of Sri Lanka Trade Fair Dubai 2024

Aviyana, Sri Lanka’s premier 7-star hotel, has officially signed on as the main sponsor for the highly anticipated Sri Lanka Trade Fair Dubai.

Read More
Business

Sri Lanka’s Hela Apparel Raises Rs 1.5 Billion Through Rights Issue

Hela Apparel Holdings Plc, a leading apparel manufacturer in Sri Lanka, has successfully raised Rs 1.5 billion through a rights issue, according to.

Read More
Business

Sanasa Development Bank Appoints Kapila Prasanna Ariyaratne as New CEO

Sanasa Development Bank PLC has announced the appointment of Kapila Prasanna Ariyaratne as its new Executive Director and Chief Executive Officer (CEO), effective.

Read More
Business

Cathay Pacific to Increase Flight Frequency Between Colombo and Hong Kong for Winter 2024-2025

Cathay Pacific has unveiled its new winter schedule for 2024-2025, with plans to boost the frequency of return flights between Colombo’s Bandaranaike International.

Read More
Business

Euro Motors Unveils High-Tech JAC Double Cab T9 in Sri Lanka

Euro Motors (Pvt) Ltd, a prominent player in Sri Lanka’s automobile industry for over two decades, has launched the latest JAC Double Cab.

Read More