SriLankan Airlines has entered into a “wet lease” agreement with Pakistan International Airlines (PIA), owned by the government of Pakistan, whereby an Airbus A330-300 aircraft will be leased by 

Silvermill Group of Companies won a total of 5 presidential export awards at a gala event held on August 9th. 

Golden Falcon Group   announced the appointment of  Jabeer Ali  as a Country Manager: (Business Development) Sri Lanka & Maldives. 

The Sri Lanka Human Capital Summit, a public-private initiative between the state National Human Resource Development Council of Sri Lanka (NHRDC) and Association of HR Practitioners (AHRP), will be inaugurated today by Prime Minister Ranil Wickremes

Sri Lanka’s second largest private lender by assets, the Hatton National Bank PLC (HNB) group, posted a net profit of Rs.3.36 billion or Rs.8.56 a share, recording an increase of 41 percent from a year ago, supported by a moderate growth in loa

Averting a storm in Sri Lanka’s tea cuppa would require the industry to step out of its comfort zone and take proactive decisions in market expansion and such moves are essential to be made in the short term if Ceylon tea is to retain its stanc

REUTERS: Sri Lanka plans to hike a tax on tobacco as it seeks alternative sources of income after two Supreme Court rulings delayed a plan for tax hikes to raise Rs.100 billion in revenue this year, the cabinet spokesman said yesterday.

Sri Lanka’s listed distiller and the diversified conglomerate, Distilleries Company of Sri Lanka PLC (DCSL) made a net profit of Rs.1.92 billion or Rs.6.41 a share for the quarter ended June 30, 2016 (1Q17) recording an increase of 9.6 percent

Sri Lanka’s Cabinet of Ministers has approved a proposal to include Swiss Challenge Procedure guidelines to the government procurement guidelines prepared by the country’s Finance Ministry. 

Development Strategies and International Trade Minister Malik Samarawickrama said he is confident that with the measures they have introduced, Sri Lanka is ready to face even the worst challenges of tomorrow and give the opportunity for businesses to

The 19th Annual General Meeting (AGM) of the Sri Lanka–Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce (CCC) was held recently at the CCC. 

Diversified Sunshine Holdings PLC saw its net profit for the June quarter (1Q17) rising as much as 27 percent year-on-year (YoY) to Rs.206.5 million, helped by better performance of its key sectors, the interim financial accounts released to the Colo

Sri Lanka and Tanzania opened a new chapter in business and investment promotion between the two countries with the launch of the Sri Lanka Tanzania Investment Chamber in Dar es Salaam, Tanzania last week. 

Sri Lanka’s textile and garment exports, the only commodity which has been cushioning the country’s 

Diversified conglomerate Hayleys PLC saw its June quarter (1Q17) net profit narrowing 32 percent to Rs.354.9 million or Rs.4.73 a share from a year ago due to poor performances by some of the group’s 

REUTERS: Sri Lanka’s Supreme Court has ordered Parliament to stop considering a bill to raise 

REUTERS: The Sri Lankan rupee traded steady yesterday as dollar demand by importers was offset by conversions of the U.S. currency from exporters amid concerns that price controls by the government could hurt imports, dealers said.

Three Sri Lankan companies have been listed in the Forbes ‘Asia’s 200 Best Under a Billion 2016’.

Glass bottle and container manufacturer Piramal Glass Ceylon PLC, a unit of India’s Piramal Group, 

The Ceylon Chamber of Commerce (CCC) is calling applications from corporate firms to compete in the “Best Corporate Citizen Sustainability Award 2016”, an annual competition which recognises the 

Sri Lanka’s pest management company, Exterminators Pvt. Ltd celebrated its 18th year of recently. 

Lanka Orix Leasing Company (LOLC) yesterday said it would be setting up a multi-currency medium 

Colombo Port has taken several steps to expand warehouse facilities. Under the first phase, Sri Lanka Ports Authority stated that warehouse CFS 01 which was constructed, is to be opened by the 

IFC, a member of the World Bank Group, has partnered with leading local apparel manufacturer Hela Clothing (Pvt.) Limited to boost trade opportunities for Sri Lanka’s apparel industry through a trade-

McLarens Lubricants Limited, the sole distributer for ExxonMobil Lubricants in Sri Lanka, has entered into a strategic partnership with Softlogic Automobiles as their exclusive lubricant supplier for King 

CMA Sri Lanka has been admitted as a member of the Confederation of Asian and Pacific Accountants (CAPA) on July1, the Confederation of Asian and Pacific Accountants announced.  

The CIMA Business Leaders Summit will be held on 23 and 24 August, under the patronage of Malik 

Sri Lanka’s leading telecommunication service provider, Dialog Axiata PLC posted a net profit of Rs.2.29 billion or 28 cents a share for its June quarter (2Q16) recording an increase of 19.9 percent from a year ago.

The Hayleys group’s premier manufacturer and exporter of coconut fibre-related products, Hayleys Fibre PLC, is said to make substantial gains from the disposal of its freehold property in Ekala, Ja-Ela to a group subsidiary. 

Market leader in tile and bathware industry Royal Ceramic PLC, which entered the country’s paint market five years ago, is planning to divest its paints manufacturing facility, marking an exit from the business, Mirror Business learns.