Business

Port of Colombo transshipment volumes increase by 19.8 %

Establishing a record in transshipment operations, the Port of Colombo has witnessed the highest growth of 19.8% in transshipment container…

7 years ago

Sri Lanka’s Keells Foods net grows 34-pct in June, revenues up

Sri Lanka's Keells Food Products said profits grew 34 percent from a year earlier to 56.3 million rupees in the…

7 years ago

Virtusa’s Kris Canekeratne selected as EY Entrepreneur of The Year® 2018 award winner in New England regional finals

SOUTHBOROUGH, MA – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services that…

7 years ago

Bakery owners threaten to increase price of bread too in 2 months

Bakers have warned of a price increase in bread within two months if they are not granted concessions over bakery…

7 years ago

ETI Finance to be purchased at US $ 75 million

Singapore-registered Blue Summit Capital Management Ltd and Sri Lanka’s Ben Holdings Ltd. have made a joint investment to purchase the…

7 years ago

Samsung opens world’s largest phone factory in India

Reuters – South Korean President, Moon Jae-in and Indian Prime Minister, Narendra Modi, jointly inaugurated the world’s largest mobile factory,…

7 years ago

Sri Lanka’s govt gets USD 50Mn loan from OPEC fund for international development

Sri Lanka’s government signed a loan agreement for obtaining financial assistance of US 50 million dollars from OPEC fund for…

7 years ago

Earnings of listed corporates gain in March quarter

Values up 28.5% to Rs. 98 b and by 15.4% to Rs. 87.5 b excluding one-off profits for two corporates Food, Beverage and…

7 years ago

Sri Lanka’s hotel sector fast reaching saturation point: veteran hotelier

The number of star class hotels in operation in Sri Lanka currently and that are to be built in the…

7 years ago

No more fuel for SriLankan Airlines – CPC

The Ceylon Petroleum Corporation (CPC) says that if the SriLankan Airlines does not pay the money that it owes to…

7 years ago