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 Grants Licenses to Five Companies for Airport Tea Shops

Sri Lanka has granted approval to five companies to operate tea shops in the departure waiting area of Katunayake Bandaranaike International Airport. The.

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Business

Sri Lankan Jewellers Shine at 19th Singapore Expo

The High Commission of Sri Lanka in Singapore, in partnership with the National Gem and Jewellery Authority of Sri Lanka (NGJA), organized the.

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Business

Sri Lanka Set to Lead Asia’s $5 Trillion Green Market,

Says Dilmah Chairman Sri Lanka is uniquely positioned to capitalize on Asia’s burgeoning $5 trillion green market, according to Dilmah Tea Chairman Dilhan.

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Business

People’s Bank and Dialog Axiata Offer Exclusive Credit Card Discounts

People’s Bank and Dialog Axiata PLC have teamed up to offer exclusive discounts for People’s Bank credit cardholders, enhancing digital accessibility with substantial.

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Business

Sri Lanka Cement Consumption Rises 8.5% Amid Currency Stability

Sri Lanka’s cement consumption rose by 8.5% for the year ending March 2024, following a period of contraction over the past two calendar.

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Business

Sri Lanka Reviews 100 Vehicle Import Applications to Boost Tourism

Sri Lanka has received around 100 applications for permits to import vehicles to support the tourism industry, according to Somarathne Vidanapathirana, Secretary of.

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Business

Central Bank Lowers SDFR and SLFR by 25 Basis Points

The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR).

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Business

Sri Lanka RAMIS to Utilize NIC for Tax Collection, Seeks IT Partner

A ministerial sub-committee’s report on the ‘Effective RAMIS System Utilization’ has recommended using the national identity card (NIC) to identify individuals for tax.

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Business

Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion

Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional.

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Business

Cable Solutions Limited IPO Oversubscribed on First Day

The Initial Public Offering (IPO) of Cable Solutions Limited, which included an offer for subscription of 14,666,600 ordinary voting shares and an offer.

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