CATEGORY
Business
Tokyo Cement’s investment expansion a direct nod to Government policy
Tokyo Cement Company (Lanka) PLC recently entered into an investment expansion agreement with the BOI, reflecting their appreciation towards The Government’s farsighted decision to...
ComBank returns to No 1 ranking in Business Today Top 30
The Commercial Bank of Ceylon has moved to the top of the ‘Business Today Top 30’ ranking of the country’s best-performing companies in 2019-20,...
FriMi Introduces Revolutionary “Round up Savings”
Sri Lanka’s first digital banking experience, FriMi powered by Nations Trust Bank, is proud to announce the launch of the revolutionary Round Up Savings feature for...
Price reduction of motor spare parts unlikely
The motor industry yesterday claimed that price reduction of spare parts was unlikely, despite Prime Minister and Finance Minister Mahinda Rajapaksa signalling it during...
Hambantota gets US $ 300mn tyre manufacturing plant
Shandong Haohua Tire Co. Ltd, a leading Chinese tyre manufacturer, is slated to invest US $ 300 million to set up a tyre manufacturing...
SL import ban irks EU
The European Union (EU) today expressed its displeasure in Sri Lanka continuing to impose restrictions on imports stating that trade is “not a one-way...
US $ 75mn SLDB issue oversubscribed by 15%
The latest Sri Lanka Development Bond (SLDB) offer of US $ 75 million was oversubscribed by over 15 percent enabling the Central Bank to...
UK appoints climate change champion to support nations including SL
UK Prime Minister Boris Johnson yesterday appointed former Secretary of State for International Development, Anne-Marie Trevelyan MP, as the UK’s International Champion on Adaptation...
BIA phase II development to kick off this month with Japanese funding
The second phase development of the Bandaranaike International Airport (BIA) in Katunayake will kick off from 18 November with a funding of Rs.107 billion from...
Dampened export performance for October
Sri Lanka’s export performance for the month of October witnessed a dip, primarily due to the adverse impacts of the second wave of the...