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Category: BUSINESS

Sri Lanka Govt gives Cabinet nod to increase subsidy for rubber planting
BUSINESS

Sri Lanka Govt gives Cabinet nod to increase subsidy for rubber planting

Sri Lanka’s cabinet of Ministers has given the go ahead for increasing subsidies given to farmers for planting rubber in…

byFaraz Shauketaly25/08/2018
INSEE Cement Partners with NEDA and NAITA to facilitate Sri Lanka’s First-Ever NVQ-Certified Skill and Knowledge Development Program for Masons Nationwide
BUSINESS

INSEE Cement Partners with NEDA and NAITA to facilitate Sri Lanka’s First-Ever NVQ-Certified Skill and Knowledge Development Program for Masons Nationwide

INSEE Cement has signed a momentous tri-party agreement with the National Enterprise Development Authority (NEDA) and the National Apprentice and…

byFaraz Shauketaly25/08/2018
SLIIT Open Day 2018 to Help Prospective Students Commence Pathway to Greatness!
BUSINESS

SLIIT Open Day 2018 to Help Prospective Students Commence Pathway to Greatness!

SLIIT’s upcoming Open Day is an ideal opportunity for prospective students to meet faculty and tour the institute’s facilities. The…

byFaraz Shauketaly25/08/2018
Ceylinco Life doubles 1 H pre and post-tax profits
BUSINESS

Ceylinco Life doubles 1 H pre and post-tax profits

Ceylinco Life has more than doubled pre and post-tax profits at the end of the second quarter of 2018, sustaining…

byFaraz Shauketaly23/08/2018
Fitch expects Sri Lanka’s Hemas to improve performance during the remainder of fiscal year
BUSINESS

Fitch expects Sri Lanka’s Hemas to improve performance during the remainder of fiscal year

The weakness in Sri Lanka-based diversified conglomerate Hemas Holdings PLC’s (Hemas, AA-(lka)/Stable) first-quarter financial results is temporary, and is mainly…

byFaraz Shauketaly23/08/2018
Sri Lanka to produce high quality tuna fishing bait domestically
BUSINESS

Sri Lanka to produce high quality tuna fishing bait domestically

Necessary measures have been taken to locally produce high quality tuna fishing bait fishermen use for multi-day tuna fishing vessels.…

byFaraz Shauketaly21/08/2018
Opaque import tax exemptions pave way for abuse: Report
BUSINESSMain Story

Opaque import tax exemptions pave way for abuse: Report

Sri Lanka’s import tax exemption schemes are too opaque, resulting in them being open to abuse and corruption, a case…

byFaraz Shauketaly21/08/2018
Commercial Bank conducts Financial Literacy Program for Green Leaf suppliers
BUSINESS

Commercial Bank conducts Financial Literacy Program for Green Leaf suppliers

Commercial Bank of Ceylon in collaboration with Central Bank of Sri Lanka recently conducted two Financial Literacy Programs in Nawalapitiya…

byFaraz Shauketaly20/08/2018
Sri Lanka needs to increase high tech exports to shrink widening trade gap
BUSINESS

Sri Lanka needs to increase high tech exports to shrink widening trade gap

Sri Lanka exports only one percent of high tech products and to address the widening trade gap the country will…

byFaraz Shauketaly20/08/2018
China projects steam ahead
BUSINESSMain Story

China projects steam ahead

Chinese companies confident of completing railway extension and fourth phase of highway by Jan.  Project includes longest railway bridge and railway, funded…

byFaraz Shauketaly20/08/201820/08/2018

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