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Category: BUSINESS

Hyrax Oil lubricant blending plant declared open in Muthurajawela
BUSINESS

Hyrax Oil lubricant blending plant declared open in Muthurajawela

Prime Minister Ranil Wickremesinghe declared open the Hyrax Oil lubricant blending plant in Muthurajawela today. The is the second of…

byFaraz Shauketaly25/06/2019
Comm Bank commences acceptance of LankaPay-JCB cards
BUSINESS

Comm Bank commences acceptance of LankaPay-JCB cards

Sri Lanka’s Commercial Bank of Ceylon has become one of the first banks in Sri Lanka to have its point-of-sale…

byFaraz Shauketaly25/06/2019
INSEE Ecocycle extends waste management services to BOI for the next 16 years
BUSINESS

INSEE Ecocycle extends waste management services to BOI for the next 16 years

After a decade of successful operations with the Sri Lanka Board of Investment (BOI), INSEE Ecocycle Lanka, the waste management…

byFaraz Shauketaly25/06/2019
Sri Lanka Insurance receives Fitch Rating upgrade to AAA (lka) for strong financial stability
BUSINESS

Sri Lanka Insurance receives Fitch Rating upgrade to AAA (lka) for strong financial stability

Endorsing Sri Lanka Insurance Corporation (SLIC) as the trusted insurer of the nation Fitch Rating Services has upgraded SLIC’s national…

byFaraz Shauketaly24/06/2019
CICT voted Best Container Terminal in Asia for 3rd successive year
BUSINESS

CICT voted Best Container Terminal in Asia for 3rd successive year

The CMPort managed Colombo International Container Terminal (CICT), the only deep water terminal in the Port of Colombo, has been…

byFaraz Shauketaly21/06/2019
Central Bank launches Roadmap for Sustainable Finance in Sri Lanka
BUSINESS

Central Bank launches Roadmap for Sustainable Finance in Sri Lanka

The Central Bank of Sri Lanka Wednesday nationally launched the Roadmap for Sustainable Finance in Sri Lanka and hosted a…

byFaraz Shauketaly20/06/2019
Media reports of cutting capital expenditure by 15% false, Finance Ministry says
BUSINESS

Media reports of cutting capital expenditure by 15% false, Finance Ministry says

The Ministry of Finance in a statement said the media reports that the capital expenditure of the ministries had been…

byFaraz Shauketaly20/06/2019
Trade delegation from the National Chamber of Exporters Sri Lanka explore business opportunities in Oslo
BUSINESS

Trade delegation from the National Chamber of Exporters Sri Lanka explore business opportunities in Oslo

A trade delegation from the National Chamber of Exporters of Sri Lanka, which has a membership of over 850 export-oriented…

byFaraz Shauketaly20/06/2019
Sri Lanka economy achieved 3.7 percent growth in the 1st quarter of2019
BUSINESS

Sri Lanka economy achieved 3.7 percent growth in the 1st quarter of2019

Sri Lanka’s economy grew at a positive rate of 372 percent during the first quarter of this year, the Census…

byFaraz Shauketaly20/06/2019
Parent company of Expolanka, SGH Holdings Japan awards its Freight & Logistics Arm EFL for Outstanding Innovation
BUSINESS

Parent company of Expolanka, SGH Holdings Japan awards its Freight & Logistics Arm EFL for Outstanding Innovation

Japanese conglomerate and parent company SGH Holdings awarded EFL (Expolanka Freight) with the ‘Outstanding Performance Award’ for their transformative Robotic…

byFaraz Shauketaly20/06/2019

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