The Asian Packaging Federation has appointed a President from Sri Lanka, namely Rohan Victoria to its board of administration for the third time in its 50 years of existence.

One of Sri Lanka’s frontline joss stick producing companies,Thai Sumeda Enterprises under the trade name of Lanka Sumeda has introduced its latest mosquito repellent joss stick to the local market. Lanka Sumeda is manufactured using natural her

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in the company’s history in December 2017. 

Solanra Pvt Ltd has met their target of contributing to the national electricity grid with 1000 kilo watts power within one year using German-made Jurawatt solar panels. 

eChannelling, the largest and pioneer Doctor Channelling Network in Sri Lanka, has joined hands with MyMed.lk

Avian Technologies (Pvt) Ltd, a leading provider of total unified threat management and secure content management

Continuing to lend its support to government retirees, Sampath Bank scaled up the benefits being offered to them under the Sampath Samachara Government

Following the tremendous success of the Scan Jumbo Peanut Cycle Wassa promotion over the past 3 years, the Scan

The Colombo Stock Exchange (CSE) has approved the listing of shares of Sunshine group’s newly formed tea plantations subsidiary, Hatton Plantations Limited.

Good governance activist Chandra Jayaratne has suggested that the government added the tax obligations of the scandalous primary dealer Perpetual Treasuries to the figure they hoped to recover from the firm.

As Sri Lanka readies for its next sovereign debt issuance and the first in 2018, Moody’s Investors Service (Moody’s) has sent warning signals amid further rate hike expectations in developed economies, as the country relies heavily on for

Keells Foods Products PLC (KFP) reported a growth in third quarter earnings for the first time in two years as the giant in the processed meat industry appears to have weathered the market headwinds but the earnings still remain below 3Q16.  &nb

The Pathfinder Foundation together with Carnegie India and an Australian delegation led by the National Security College at the Australian National University will co-host a one-day trilateral conference titled ‘Colombo Dialogue: Emerging Dialo

REUTERS: Saudi Arabia plans to build nine desalination plants for more than 2 billion riyals (US $530 million) on the Red Sea coast, its environment minister said yesterday.

The National Chamber of Exporters of Sri Lanka (NCE) conducted the 23rd Annual General Meeting (AGM) of the chamber at Galadari Hotel recently. Ramal Jasinghe was re-elected as President of the NCE for 2018, for a second term, in terms of the constit

The Association of Chartered Certified Accountants  (ACCA) launched a new approach to ethics in its latest innovation to the top level of the qualification. ACCA launched this new Ethics and Professional Skills module in Sri Lanka recently, at W

The ‘Economic + Sector Review and Outlook Report 2018’, produced by the Economic Intelligence Unit of the Ceylon Chamber of Commerce, highlights the outlook of key macroeconomic indicators, trends and policies affecting the business envir

The Colombo edition of the Global Research Brief of Standard Chartered will be held tomorrow. The event will feature an expert panel of economists and strategists from across the world covering a range of global and local topics including a global ec

AFP: The United States are set to overtake Saudi Arabia as the world’s number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said yesterday.

Hemas Holdings PLC acquired 75.1 percent of Atlas Axillia Co (Pvt) Ltd, Sri Lanka’s leading school and office brand, for a consideration of Rs. 5.7 billion. The existing shareholders of Atlas will retain a stake of 24.9 percent in the company p

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently chartered a Rotaract Club for the benefit of its members and students in the presence of Rotary International President Ian Riseley, who was in Sri Lanka recently. 

REUTERS: The Sri Lankan rupee closed slightly weaker yesterday as dollar demand from importers and banks surpassed mild selling of the U.S. currency by exporters, dealers said. 

AFP: Taiwan has blocked nearly 200 flights by Chinese airlines over the strait that separates the two rivals due to the carriers’ use of controversial new travel routes introduced by China.

China LvHai Technology Group signed an agreement with the Sadaham Sevana International Buddhist Information and Research Institute, Sri Lanka, on eco-agriculture cooperation.

Sri Lankan merchandise exports grew to an all time record of over US$11.4bn in 2017, surpassing the previous high of US$11.1bn achieved in 2014. Once, again the EU and the USA were our biggest markets taking US$ 3bn each. 

Dove was on the map as the brand opened ‘Dove Oxygen Avenue’, a street dedicated in lure of revelling on the latest addition to its hair care portfolio Dove Oxygen Moisture Shampoo and Conditioner.

REUTERS: Sri Lankan shares snapped a seven-session streak of declines yesterday, recovering from a near three-week closing low hit in the previous session, as investors picked up battered blue-chip and banking shares. 

AFP: Asian markets mostly rose yesterday after another positive week across trading floors but gains were tempered by profit-taking worries about a possible US government shutdown.

Maliban Biscuits’ wholesome breakfast offering ‘Yaha Posha’ achieved a significant milestone when it received the prestigious Sri Lanka Standards Institution (SLSI) certification recently.

AFP: Facebook has emerged as the top site for wildlife trafficking in the Philippines, a watchdog said yesterday, with thousands of endangered crocodiles, snakes and turtles illegally traded in just three months.