Business

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

Business

Colombo Tea Auction Sees 4 Million Kilograms Sold Amid Irregular Market Trends

This week’s Colombo Tea Auction concluded as a one-day restricted sale, with a total volume of 4.0 million kilograms due to intervening holidays..

  • September 23, 2024
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Business

Sampath Bank Wins Asia’s Best Corporate Responsibility at Euromoney Awards 2024

Sampath Bank made history by receiving the prestigious Asia’s Best Bank for Corporate Responsibility award at the Euromoney Awards for Excellence 2024, held.

  • September 23, 2024
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Business

German Ministry Explores Business Opportunities at Hambantota Port

Tobias Pierlings, Director and Head of Division for South Asia and Southeast Asia at the German Federal Ministry for Economic Affairs and Climate.

  • September 23, 2024
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Business

Mirai Consulting of Japan Explores Investment Opportunities in Sri Lanka

A delegation from Japan’s Mirai Consulting Group recently visited Sri Lanka to explore potential investment opportunities in various sectors of the country’s economy..

  • September 20, 2024
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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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