Demand for poultry produce such as chicken rebounded faster than expected since the end of lockdowns last year, boding extremely well for the large scale poultry producers’ top and bottom lines, but they now contend with scarce local feed and sharp

Aitken Spence PLC made an impressive comeback in the first quarter ending 30th June 2021 (1Q22) by recording a 145 percent increase in profit before tax (PBT) of Rs. 1.2 billion compared to Rs.513 million in the previous year from the non-tourism sec

Commercial Bank of Ceylon PLC pushed growth with more vigour during the three months to June 2021 (2Q21) as the largest private sector lender gave more loans, improved asset quality and margins to deliver some robust financial performance.

Sri Lanka’s compliance to the conventions laid out by the European Union (EU) will come under fresh review next month as a mission is scheduled to arrive in the country to ascertain whether Sri Lanka has done enough to retain the GSP Plus concessio

Bitulink Emulsion (Pvt.) Ltd, a leading supplier of bitumen and related products needed for road development projects, celebrated its 15th anniversary on June 22.

The United Nations Development Programme (UNDP) in Sri Lanka signed a memorandum of understanding (MoU) with CBL Investments Limited to support and encourage private sector stewardship and innovation on green development, towards operationalising a g

Samsung, Sri Lanka’s leading consumer electronics brand, launched its 2021 Neo QLED 8K line-up, which features technological breakthroughs that deliver immersive and true-to-life viewing experiences like never before.

Sparklink Travels celebrates its 42nd anniversary of providing travel excellence in Sri Lanka.

Unidil, the packaging giant of Sri Lanka, has stepped to another milestone in its growth journey by entering to the category of Best 40 Great Work Places in Sri Lanka.

The story of KFC in Sri Lanka began in 1996, when the first restaurant opened its doors at the popular shopping complex Majestic City. Fast forward to 25 years and 44 restaurants later, KFC Sri Lanka has gone from strength to strength.

Singhagiri recently opened three new showrooms across Sri Lanka, starting off in Moratuwa in January 2021, the second in Maharagama in March and the most recent one in the town of Kurunegala, last month.

The Central Bank said it has introduced a single point of contact to handle complaints against the financial service providers (FSPs).

Labour Minister Nimal Siripala de Silva announced fresh regulations making it mandatory for the employers to submit the required documentation of the employees along with the duly completed forms, within 30 days of the recruitment, to proceed with th

Sri Lankan shares ended higher yesterday, helped by gains in consumer discretionary and financial stocks.

Nestle Lanka PLC reported robust sales and profits for the three months to June (2Q21), as the company had successfully overcome the pandemic-induced challenges,

Sri Lanka’s tea industry witnessed an improvement in production and exports in 1H21 when compared with the corresponding period in 2020, although the country continues to grapple with the implications arising from the pandemic.

The shares of JAT Holdings Ltd will commence trading on the Colombo Stock Exchange (CSE) today, following the successful initial public offering (IPO), which got oversubscribed.

Seylan Bank PLC delivered some robust financial performance during the three months to June, as the bank accelerated lending despite some hibernation seen in the economy, due to the virus resurgence while it also benefitted from the slight improvemen

Sri Lanka Tourism Development Authority (SLTDA), with the support from Market Development Facility (MDF), Australia’s flagship private sector development programme, has launched a membership drive to encourage informal sector tourism operators to r

ICCSL, a pioneer in the issuance of a digital certificate of origin has commenced a 24/7 service to support export industries.

The Organization of Professional Associations of Sri Lanka has organized a webinar titled “Strategies related to supply chain to mitigate the impact of COVID- 19’ to be held tomorrow from 6 p.m. to 8 p.m.

The Board Secretaries Forum of The Sri Lanka Institute of Directors (SLID) held a webinar on ‘Enhancing and Expanding the Effectiveness of the Board Secretary’ recently.

Sanjaya Mohottala, Chairman Board of Investment (BOI) recently called on Woon Jin Jeong, Ambassador of the Republic of Korea to discuss several initiatives that would potentially increase FDI inflows from Korea to Sri Lanka.

Hela Clothing, a global apparel manufacturer with factories across Kenya, Ethiopia and Sri Lanka, was recently presented with the 2021 Collaboration Award at the latest Tesco Non-Food Partner Conference.

JAT Holdings Limited, Sri Lanka’s trusted industry leader in finishing and furnishing, witnesses immense organizational progress fueled by the firm’s intention to begin its manufacturing operations in Bangladesh further boosting its already estab

McLarens Group, one of Sri Lanka’s largest diversified conglomerates with a rich corporate heritage spanning over seven decades, has been recognized among the 70 best large workplaces in Asia by the global authority on workplace culture Great Place

The Cabinet nod was given to extend working capital facilities for 282 fully or partially State–owned ventures under ‘Saubhagya COVID-19 Rehabilitation Facility’ concessionary loan scheme to float up these entities out from the pandemic infused

The Cabinet of Ministers this week granted approval to a proposal to elevate Sri Lanka Institute of Tourism and Hotel Management (SLITHM) to degree-awarding status, and to promote it as a tertiary level higher education institution in the tourism and

State-owned retail network, Lanka Sathosa is stepping up efforts to diversify its product offering and is gearing up to open the first organic supermarket network in Sri Lanka.

The Commercial Bank of Ceylon has secured US$ 50 million (about Rs. 10 billion at current exchange rates) loan from the CDC Group, the UK’s development finance institution and impact investor, to facilitate lending to small and medium-sized enterpr