INSEE Ecocycle inaugurated a state-of-the-art Pyrolysis plant at its Puttalam Cement Plant, to convert industrial waste into valuable resources, an effort to support a circular economy.

Abans offers exciting promotions this Avurudhu season for their world’s leading brands. Customers can enjoy interest-free installment plans, fabulous discounts, along with extended warranties on a wide range of their products from the world’s bes

Dialog Axiata PLC introduced a range of convenient and integrated solutions via ‘Dialog Smart Home’ to enable intelligent automation and intuitive control of homes.

Providore, is redefining online shopping in Sri Lanka by bringing freshness, quality and on-time delivery to every customer’s doorstep.

La-Perfumerie, one of the most sought-after brands in Sri Lanka, embarked on a brand-new journey by relaunching its products to the market recently.

7UP, the clear refreshing drink, is back to inspire Sri Lanka’s youth to discover solutions for their everyday problems.

Subsidiary airlines of Thai Airways, Thai Smile Airways announced its move to connect the reach of Far-East and Southwest Pacific towards Sri Lanka by commencing direct flights from Colombo to Bangkok.

National sales average for Ceylon tea reached an all time high in February recording Rs.725.63 (US$ 3.61).

Prices at the Ceylon Tea auction remained largely unchanged this week although an impact was expected due to the ongoing conflict between Russia and Ukraine.

Economic policy think-tank, the Institute of Policy Studies of Sri Lanka (IPS) yesterday announced it has started calling for research proposals for the SamanKelegama Memorial Research Grant 2022.

The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle with international sanctions after its invasion of

China’s borders remain effectively sealed as the country continues to pursue a zero-tolerance approach to a virus that other parts of the world have accepted as endemic.

Grafeio One (Pvt) Ltd recently inked an investment agreement with Sri Lanka’s apex investment promotion agency, the Board of Investment (BOI), to set up an office complex in Colombo 03.

Uplifting Sri Lanka’s challenged fisheries sector needs renewed thinking and approaches to unleash its full potential and increase contribution to exports and GDP, the World Bank said this week.

As the economic andfinancial Advisor to the government, the Central Bank also presented an eight point policy package as follows to complement with its monetary policy actions.Most of the policies proposed are the reforms advocated by the IMF this we

The Central Bank of Sri Lanka (CBSL) raised its key policy rates by 100 basis points, delivering its highest rate hike in more than a dozen years and raised selected administrative rates by 200 basis points effective immediately.

The Central Bank of Sri Lanka (CBSL) announced today its decision to further tighten its monetary policy stance.

The International Monetary Fund (IMF) said Sri Lanka must raise interest rates and taxes, gradually float the exchange rate, market price utilities and reform unproductive State enterprises to reduce debt burden, rebuild reserves to come out of the p

Sri Lankan shares fell more than 2 percent yesterday, weighed down by losses in industrial and financial stocks, a day before the Central Bank’s rate decision. The CSE All-Share index ended down 2.14 percent at 11,162.66.

The Treasury bill yields across all maturities surged at record levels this week fuelling expectations for another rate hike today by the Central Bank as bondholders expect higher yields to beat soaring inflation.

Chamath Palihapitiya took advantage of his insider role as chairman of Virgin Galactic Holdings Inc. to sell 10 million shares of the struggling space travel company for US$ 315 million before he abruptly quit the board last month, a shareholder alle

A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit that claims they misled investors about the health insurance company when it went public via one of Palihapitiya

Lanka Industrial Estates Limited (LINDEL), a subsidiary of DFCC Bank Group is set to go public with an Initial Public Offering (IPO) on the Colombo Stock Exchange (CSE).

Sri Lankan exporters are currently in the process of reducing their exposure temporarily suspending exports to the Russian and Ukrainian markets, a leading export chamber in the country said.

Pest control company Exterminators Limited plans to open its Initial Public Offering (IPO) on the Empower Board of the Colombo Stock Exchange (CSE) on 14th of this month offering 20 percent stake or 10 million ordinary voting shares of the company in

Tourism sector earnings are already showing signs of contraction due to the implications stemming from the ongoing invasion of Ukraine by Russia.

Indian Oil Corp will supply gasoil, gasoline and jet fuel to Sri Lanka, the company told Reuters, as the island nation fights a crippling economic crisis that has caused an acute fuel shortage.

Poultry group Bairaha Farms yesterday announced its intentions to make investments in the country’s real estate and property sector using its surplus funds.

In its continuous efforts to share scientific and practical solutions in enabling a successful conversion from conventional to organic farming, A. Baur & Co. (Pvt.) Ltd, also known as Baurs, a name synonymous with pioneering the agriculture landscape

The third Annual General Meeting of the All Island Dairy Association (AIDA) was held recently on a virtual platform.