Stock Market

Maharaja Foods Debuts on Colombo Stock Exchange

  • July 26, 2024

Maharaja Foods Ltd., a leading producer and exporter of authentic Sri Lankan food and spices, is set to commence secondary market trading at the Colombo Stock Exchange (CSE) today. The company’s Initial Public Offering (IPO), which opened on July 4, was oversubscribed and closed on the first day, highlighting the significant interest in Maharaja Foods.

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Business

Sri Lanka to Cultivate Hybrid Durian Varieties for Export Expansion

  • July 23, 2024

Sri Lanka is set to grow 20,000 durian plants of two hybrid varieties aimed at boosting export opportunities, announced Agriculture Minister Mahinda Amaraweera. The two selected varieties, Ambathanna and Kasun, are known for their high yield and rapid growth. “These hybrid durians are productive and well-suited for cultivation in average land conditions,” Amaraweera stated on

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