Exports grow 7.7% to $ 2.9 b in 1Q
March sees 10.5% hike in industrial exports Overall exports expand 6.3% to $ 1.1 b, trade deficit drops below $ 1 b Apparel…
Category: BUSINESS
Sri Lanka’s Colombo Port records world’s second highest growth in 1Q 2018
Sri Lanka’s Port of Colombo recorded a 16.2% growth for the 1st quarter 2018 over same quarter last year In…
‘Sri Lankan equities attracting the interest of a wider international audience’- CSE
The Colombo Stock Exchange (CSE) said yesterday that investment flows from the Scandinavian region to the Sri Lankan stock market…
PickMe gathers pace
Crosses Rs. 1 b in cumulative fundraising; to foray into food delivery, logistics Nets Rs. 693 m in fourth round of capital-raising; IFC takes…
Global tea consumption and production driven by robust demand helps Sri Lanka also
Global tea consumption and production are projected to keep rising over the next decade, driven by robust demand in developing…
PM outlines plans for North
Prime Minister Ranil Wickremesinghe yesterday focused on the need to link the Northern Province with southern development corridors to develop…
Firaz Makar to head STAX digital practice
Sri Lanka’s leading global management consulting firm, STAX, announced the appointment of veteran consultant and renowned tech entrepreneur, Firaz Markar,…
Ceylinco Insurance announces ‘record’ 315 percent dividend
Ceylinco Insurance PLC, announced an incomparable dividend of Rs.31.50 per share to its shareholders for the year 2017, which constitutes…
MillenniumIT ESP to Power Process Automation with Oracle Cloud Applications
Sri Lanka’s technology giant turns to Oracle for process efficiency and technology transformation. MillenniumInformation Technologies (Pvt) Ltd (MillenniumIT ESP), one…
Austrian banks grant Rs2.7bn interest free loans for university & health sectors
Two Austrian banks have provided over 2.7 billion rupees worth interest free loans for health sector development and to improve…