Singer revenue tops Rs. 51.5 billion despite tough business conditions

2018-02-02   |   Business

Singer (Sri Lanka) PLC announced its Group results for the year ended December 31, 2017. The results showed an increase in Group revenue of 9.8 % comp...

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IPS Highlights the Importance of Developing Skills in Sri Lankan Graduates

2018-02-02   |   Business

While Sri Lanka has been performing well at the primary education level, significant policy gaps exist when it comes to secondary and tertiary educati...

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Sri Lanka records highest-ever apparel exports

2018-02-01   |   Business

Sri Lanka recorded its highest-ever level of apparel exports during the year ended 31 December 2017, courtesy of the restoration of the Generalized Sy...

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Sri Lanka banking on 'wily old fox' Herath, says Chandimal

2018-01-31   |   Business

Chittagong (Bangladesh) (AFP) - Sri Lanka will bank on the guile of record-breaking left-arm spinner Rangana Herath as they try to extend their recent...

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Lanka Bell connects 50,000+ homes, businesses

2018-01-26   |   Business

Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone of reaching 50,000+ households and businesses with its fou...

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Sunshine Holdings invests Rs.9mn to partner with investment firm

2018-01-26   |   Business

Jan 25, 2018 (LBO) – Sunshine Holdings has invested 9 million rupees to partner with Strategic Business Innovator (Pvt) Ltd, an investment firm to b...

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Softlogic to raise Rs. 7 b including foreign equity investments up to $ 35 m

2018-01-25   |   Business

Softlogic Holdings PLC has come to an agreement with Samena Ceylon Holdings Ltd. to raise private equity in order to restructure the diversified blue ...

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PM asks Bohras to help hold investment conference in Mumbai

2018-01-24   |   Business

Colombo, Jan. 23 - Sri Lankan Prime Minister, Ranil Wickremesinghe has asked His Holiness, Syedna Aaliqadr Mufaddal Saifuddin, the 53rd Dai-Al-Mutlaq...

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Singapore and Sri Lanka sign free trade agreement

2018-01-23   |   Business

Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between ...

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Audits reveal serious discrepancies in NOCSL finances

2018-01-22   |   Business

There were serious financial, operational and management discrepancies in the National Olympic Committee of Sri Lanka between 2010 and 2012, repor...

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