Lotus Renewables buys Hatton Plantations (HPL) in Rs1bn deal
Lotus Renewable Energy Group (LREG) has bought control of Colombo Stock Exchange (CSE) listed Hatton Plantations (HPL) in a Rs1bn…
Category: BUSINESS
SLTDA removes minimum room rate imposed on Colombo City Hotels
Sri Lanka Tourism Development Authority (SLTDA) stated that due to the severe hit on tourism industry following Easter Sunday attacks,…
Sri Lanka “very much open for business” – Tourism Minister
Minister of Tourism Development John Amaratunga said the progress that has been achieved in the recovery process for Sri Lanka…
Aitken Spence records 13.8% year-on-year growth in PBT
Aitken Spence PLC recorded sustained financial performance for the 12 months ending March 31, 2019 with a 13.8% year-on-year growth…
ICCA extends support for Sri Lanka’s MICE revival
The International Congress and Convention Association (ICCA) has extended its support to Sri Lanka’s MICE tourism sector. ICCA President James…
Term of Presidential Commission on SriLankan & Mihin Lanka extended
The tenure of the Presidential Commission of Inquiry probing allegations of large scale frauds and malpractices in SriLankan Airlines, SriLankan…
Sri Lanka vehicle registrations down in Apr 2019
Sri Lanka’s vehicle registrations were down in almost every category in April due to the New Year and Easter holidays…
Colombo Port’s container volume increases by 9 percent in April 2019
The container handling capacity of the Colombo Port has increased by 9.1 percent last month compared to the same period…
FriMi from Nations Trust Bank continues to dominate digital banking in Sri Lanka
FriMi and in just a short span of two years, the first digital bank in Sri Lanka has completely changed the…
IIT CodeSprint 4.0 fuels entrepreneurial spirit of undergraduates
Informatics Institute of Technology (IIT), has commenced CodeSprint 4.0, the fourth edition of the annual event that fuels the entrepreneurial…