Fonterra confident of meeting govt’s DCD standard

Fonterra Brands Sri Lanka said in a statement that it is confident that all of its dairy p...


Hemas reports robust results for FY12/13

Hemas Holdings PLC’s profits grew by a significant 42.3 percent year-on-year (YoY) t...


Browns MD announces resignation

Brown & Company PLC Group Managing Director/CEO, Murali Prakash has tendered his resig...


Wijeya Newspapers and TELiBrahma add excitement to print publishing

Colombo, 22 May 2013: TELiBrahma, India’s leading mobile advertising solutions compa...


US $ 75-100mn cement venture on track

Binod Chaudhary-controlled Cinnovation Group has already obtained the preliminary approval...


Billionaire Binod Chaudhary bullish on Sri Lanka

The 1,342nd Forbes US dollar billionaire in the world, Binod Chaudhary, yesterday said tha...


Dialog Axiata bags Sri Lankan Cricket sponsorship

Dialog Axiata PLC, a unit of Malaysia's Axiata group has clinched the sponsorship deal...


SLT’s superfast Internet goes live

Celebrating the ‘World Telecommunication and Information Society Day (WTISD) last we...


Flydubai begins Mattala services

The Dubai-based budget carrier Flydubai officially launched its services to Sri Lanka&rsqu...


CICT receives first vessel carrying equipment

Colombo International Container Ter minal (CICT), which is developed under the South Harbo...


New CEO at MillenniumIT

Mack Gill has been appointed the new CEO of MillenniumIT, a unit of diversified internati...


Short term T-bill yields flat; long term edge up

Treasury bill yields remained more or less flat at the second T-bill issue after the polic...


UK firm secures £35mn Lankan bridge deal

A Darlington firm has signed a £35 million contract to build hundreds of road bridge...


Nepal billionaire plans US $ 75mn cement plant in Jaffna

Nepal’s first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of ...


Nepal billionaire plans to set up UIS $ 75mn cement plant in Jaffna

Nepal's first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of US...


Allianz Lanka completes first quarter with strong financials

Allianz continued its upward growth trajectory in the first quarter of 2013, achieving a p...


IMF calls for second generation tax reforms

With the first generation of tax reforms failing to generate intended revenues, Internatio...


World’s most luxurious Champagne Cattier enters Lankan market

Cattier Champagne one of the most luxurious champagnes since 1763 enters the Sri Lankan ma...


Fitch affirms HSBC Sri Lanka at 'AAA(lka)'; Outlook Stable

Fitch Ratings Lanka has affirmed HSBC Sri Lanka branch's (HSBCSL) National Long-Term R...


Brewer calls to revisit 100 - year old Excise laws

The Excise Ordinance of 1913 should be amended at least now to address modern day issues, ...


Kapruka brings ‘Global Shopping' to fingertips

Sri Lanka’s largest e-commerce organization, Kapruka.com has unveiled an exciting sh...


SLT completes country's first CCTV surveillance system

Sri Lanka Telecom, the national telecommunication services provider has successfully conne...


Toyota becomes Asia's biggest firm surpassing Samsung

Toyota has accelerated past South Korea's Samsung Electronicsto become Asia's bigg...


HSBC may cut up to 14,000 more jobs

HSBC could cut another 14,000 jobs as part of the next phase of its plan to cut up to $3 b...


HSBC Lanka trims custodian services

HSBC Sri Lanka is believed to have withdrawn from custodian banking services with the exce...


Sri Lanka cuts rate to spur growth

Sri Lanka’s Central Bank reduced policy rates by 50 basis points to stimulate growth...


Priyan Fernando new Brandix Chairman

Brandix Lanka Limited has announced the appointment of Priyan Fernando, currently a non-ex...


Dialog first quarter profits at Rs.1.6bn

Sri Lanka's leading mobile services provider, Dialog Axiata PLC has posted a net profi...


Ports Chairman elected IAPH Regional VP

Sri Lanka Ports Authority (SLPA) Chairman Dr Priyath B. Wickrama has been elected the thir...


Palm oil prices volatile despite high output

The price of the world’s most-used cooking oil, palm oil, is expected to remain vola...


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