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

  • July 24, 2024

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 data from Sri Lanka Customs. This rise is attributed to higher earnings from exports of apparel and textiles, tea, rubber-based products, coconut-based products, food and beverages, and spices and concentrates. Compared to

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