Mitsubishi Materials shares fall after fake data scandal
Mitsubishi Materials, a division of one of Japan’s biggest conglomerates, saw shares fall by as much 11% on Friday after…
Category: BUSINESS
Sri Lanka’s CICT invests over USD 10 Mn in green infrastructure at Colombo Port
Sri Lanka’s Colombo International Container Terminals (CICT) has completed a project to convert the company’s diesel-operated rubber-tired gantry cranes to…
Red Herring names 99X Technology as one of Asia’s most promising tech companies
Software product engineering specialist 99X Technology was felicitated for its pioneering work and potential for exponential growth when it was…
CB issues notice of licence cancellation to Central Investments & Finance
Monetary Board of the Central Bank has decided to issue a notice of cancellation of licence granted to Central Investments…
Foreign investment in the Sri Lanka Stock Market hits an all-time high in 2017
In what continues to be a promising year for foreign investor involvement in the stock market, 2017 has recorded an…
Chevron Lubricants partners with UTE Engineering to offer high quality Donaldson filtration solutions
In what can be termed as a partnership of excellence between two leaders in their respective industries, Chevron Lubricants and…
SriLankan Airlines and Qantas provide more options to connect with new Melbourne service
Sri Lanka’s national carrier, SriLankan Airlines, which last month launched daily non-stop services to Melbourne, is providing its valued passengers…
ADB grants Sri Lanka USD 350 million for development of road networks and wind power project
The Asian Development Bank (ADB) has granted Sri Lanka USD 350 million of financial assistance for two development projects. The…
China Products Sri Lanka Exhibition 2017 opens today in Colombo
The 3rd edition of the China Products exhibition, one of the most renowned and successful multi-sector B2B international trade shows…
Sri Lankan President to visit South Korea next week
Sri Lankan President Maithripala Sirisena on the invitation of President Moon Jae-in will undertake a state visit to the Republic…