Takima Tech, the Japanese innovation solar energy technology was officially launched in Sri Lanka recently, during which they also announced the opening of their showroom in Battaramulla next month.

Electro Metal Pressings (Pvt) Ltd recently secured an export agreement with Fenaka Corporation, the government-owned utility service provider of Maldives. 

Sri Lanka’s complacent bureaucracy has caused exporters to give up or move their businesses to other countries, which has mainly accounted for the country’s abysmal export performance, the Colombo-based think tank Verité Research s

Sri Lanka has borrowed US $ 125 million from the World Bank (WB) to modernize its agriculture sector, as the country aims to make the sector more efficient and attractive as a modern business,

SriLankan Cargo, the freight handling arm of SriLankan Airlines, set a new record for the amount of cargo handled at the Cargo Centre of Colombo’s Bandaranaike International Airport (BIA) with a massive total of 239,636 tonnes in 2016, a remark

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, has introduced a guideline

 Sri Lanka’s largest education exhibition and job fair – EDEX Expo – will be held from January 20 to 22, 2017, at the BMICH Colombo and on January 27 and 28, 2017 at Kandy City Centre  (KCC), Kandy. 

Standard Chartered’s Global Research Team has included Sri Lanka as part of its Global Research Briefing circuit, and will conduct a closed-door exclusive session entitled ‘Welcome to the Jungle’ for the bank’s clients on Tues

Amid a splash of colours and quality aromas, Hendricks Tea, one of Sri Lanka’s leading brands that produces finest and freshest Ceylon Tea, launched its newest outlet in Kiribathgoda, in a bid to popularize itsfinest teas at reasonable prices.

Many companies around the world adopt the Six Sigma Methodology in an effort to improve any area. 

POP has been a household name in Sri Lanka for over a decade with a range of mouth-watering snacks that has excited the taste buds of Sri Lankans across all corners. 

With a core focus on expanding Vision Care’s range of optical services to a wider majority of areas covering all major districts in the country, the eye care solutions provider has embarked on yet another feat of branch expansion with their new

Expansions in Sri Lanka’s Purchasing Managers’ Index (PMI) this December showed that both manufacturing and services sectors have performed well during the festive season, according to the Central Bank. 

Bairaha Farms PLC (BFP) yesterday announced additional investments amounting to Rs.239 million to the ongoing construction of its animal feed manufacturing and storage facility.

AFP: British American Tobacco agreed yesterday to pay almost US $50 billion for control of US peer Reynolds American in a move which targets the lucrative United States market and the fast-growing e-cigarette sector.

Tourist arrivals to Maldives rose by 15.9 percent in November, recording its highest year-on-year (YoY) growth in 2016 to 104, 572 as the arrivals from all major regions picked up from a year ago but the visitors from China, its largest sourcing mark

REUTERS: The Sri Lankan rupee traded marginally higher yesterday in light volume as foreign banks sold dollars, but the market expects the currency to weaken after the Central Bank allowed flexibility in the exchange rate, dealers said.

AFP: The number of international tourists rose by four percent worldwide to 1.2 billion in 2016 as Asians travelled more, but security fears hit visitor arrivals in Europe, the World Tourism Organization (WTO) said yesterday.

John Keells Holdings PLC(JKH) filed its first patent jointly with the Council for Scientific & Industrial Research (CSIR) – India, in the area of energy storage materials. 

AFP: Chinese President Xi Jinping said yesterday that there is no point in blaming economic globalisation for the world’s problems, adding that no one would win a trade war.

The Ceylon Chamber of Commerce will line up four well-known economists along with an international relations specialist to discuss the economic outlook and its implication for business during the year 2017, with a special session on the implications

The Maldives International Education and Career Expo will be held on three consecutive days on the 30th, 31st of March and 1st of April in Male. 

Sri Lanka’s future growth will depend on foreign investor confidence, which in turn will depend on fiscal consolidation and an end to the political deadlock between the unity government’s major parties, a World Bank report said this week.

Re-electing the politicians who have fallen out of the seat of power will justify all past actions taken by such politicians, which would become relevant for Sri Lanka in the future, the head of a leading Indian media conglomerate said recently in Sr

The economic relations among the South Asian Association of Regional Cooperation (SAARC) countries are “a bit of a joke” compared to China’s proven track record of fuelling economic development within the South Asian region, a leadi

The Asia Pacific heads of multinational Coca-Cola has expressed their willingness to develop Sri Lanka as a production hub to re-export their products to India.

Royal Ceramics PLC (RCL), Sri Lanka’s leading floor tile and bathware manufacturer, yesterday said it was replacing its existing kiln at its Eheliyagoda manufacturing plant with the press, associated machinery and building at a cost of Rs.978 m

Property and real estate developer, Prime Lands (Pvt.) Ltd, yesterday acquired 17 million shares or 75.54 percent of Summit Finance PLC held by Sarvodaya Development Finance Limited at a price of Rs.30 per share, aggregating to a total consideration

The Institute of Supply and Materials Management (ISMM) is to conduct its 25 landmark convocation on January 22 at the BMICH.

S.P Construction in Chilaw bagged two awards under the category of  Differently-able North Western Provincial  and The National Winner at the recently concluded  annual Business   Excellency Awards  2016 of Federation of Cham