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Category: BUSINESS

Fonterra Sri Lanka surpasses Rs 3 bn investment mark
BUSINESS

Fonterra Sri Lanka surpasses Rs 3 bn investment mark

Fonterra Brands Sri Lanka, the dairy co-operative behind Anchor, recently surpassed the Rs. 3 billion investment-mark in its commitment to…

byFaraz Shauketaly15/02/2018
Yala highest revenue earner among Sri Lanka’s national parks in 2017
BUSINESS

Yala highest revenue earner among Sri Lanka’s national parks in 2017

Among the national parks in Sri Lanka, the Yala National Park in the South has earned the highest income in…

byFaraz Shauketaly15/02/2018
CB keeps policy rates unchanged: Economy currently operating below potential
BUSINESSMain Story

CB keeps policy rates unchanged: Economy currently operating below potential

Sri Lanka will keep policy rates unchanged in February as the economy is stabilizing with improvements in trade figures, the…

byFaraz Shauketaly15/02/2018
Sri Lankan President appoints members to the commission probing national airlines
BUSINESS

Sri Lankan President appoints members to the commission probing national airlines

Maithripala Sirisena handed the appointments to the members of commission to inquire and report the malpractices in the national airlines…

byFaraz Shauketaly15/02/2018
Piramal Glass Ceylon Q3 turnover over Rs. 5 billion, Gross Profit crossing 1 billion
BUSINESS

Piramal Glass Ceylon Q3 turnover over Rs. 5 billion, Gross Profit crossing 1 billion

Piramal Glass Ceylon, the only Glass Bottle Manufacturing plant in Sri Lanka under the Piramal Group of India reported that…

byFaraz Shauketaly15/02/2018
Sri Lanka needs to create an environment that rewards investment: Harvard economist
BUSINESS

Sri Lanka needs to create an environment that rewards investment: Harvard economist

Sri Lanka should move towards a simpler tariff structure, and implement direct taxes on things like income and property to…

byFaraz Shauketaly14/02/2018
Bank of Ceylon Steps into state of the art Digital Frontier  with Opening of ‘BOC DIGI’ in Kandy
BUSINESS

Bank of Ceylon Steps into state of the art Digital Frontier with Opening of ‘BOC DIGI’ in Kandy

Bank of Ceylon, recognised as Sri Lanka’s No.1 Brand, as part of its digitalisation journey launched its first flagship ‘BOC…

byFaraz Shauketaly14/02/2018
Singapore firms plan to invest in Sri Lanka
BUSINESS

Singapore firms plan to invest in Sri Lanka

Accenture The Singapore Business Mission to Sri Lanka organized by the Singapore Business Federation (SBF) together with International Enterprise Singapore…

byFaraz Shauketaly14/02/2018
SriLankan’s Colombo-Melbourne direct flight boosts inbound arrivals from Australia
BUSINESS

SriLankan’s Colombo-Melbourne direct flight boosts inbound arrivals from Australia

Sri Lanka’s national Carrier, SriLankan Airlines’ Colombo-Melbourne direct flight has reversed the trend of declining passenger traffic into Sri Lanka.…

byFaraz Shauketaly14/02/2018
Ceylon Chamber, Sri Lanka Customs hold awareness session on implementation of paperless procedures on Feb 15
BUSINESS

Ceylon Chamber, Sri Lanka Customs hold awareness session on implementation of paperless procedures on Feb 15

In an effort to fast-track trade, Sri Lanka Customs is now ready to adopt paperless trade procedures. It is necessary…

byFaraz Shauketaly13/02/2018

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