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June 7, 2024
Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..
September 18, 2023
Marks International Coastal Cleanup Day with the youth in media and young volunteers Coca-Cola Sri Lanka Ltd. proudly continues its mission to safeguard Sri Lanka’s shorelines by extending the ‘Adopt A Beach’ initiative for a triumphant third year. This exciting announcement aligns with the celebration of International Coastal Cleanup Day on September 16, 2023, emphasizing...
May 24, 2023
Financial Year 2022/23 – Full Year Performance Chief Executive Officer’s Review Demonstrating resilience in the face of one of the most turbulent years, Hemas Holdings PLC, posted a revenue of Rs. 113.9 billion for the financial year 2022/23, a growth of 44.5 per cent over last year. The high input costs, foreign currency limitations coupled...
April 22, 2023
Manufacturing PMI turned positive in March 2023, after nine consecutive survey rounds, recording an index value of 51.4. This month-on-month expansion was driven by the increase in New Orders and Production sub-indices mainly due to the seasonal demand. However, Employment, Stock of Purchases and Suppliers’ Delivery Time sub-indices remained below the neutral threshold. The increase […]
April 22, 2023
Aitken Spence Travels welcomed 4,000 cruise tourists to Sri Lanka on the eve of Sinhala and Tamil New Year. The luxurious cruise ships, MSC Poesia and MSC Magnifica, docked into the port of Colombo with the atmosphere filled with excitement and celebrations. The shore excursion teams from Aitken Spence Travels were on site, ready to […]
April 22, 2023
YoungShip Sri Lanka is shaping the future of the country’s maritime industry by empowering young professionals through opportunities to learn, share, and collaborate whilst being part of a global network. The organisation celebrated its 10th anniversary on the 21st of March 2023, at the Marino Beach Hotel in Colombo. The celebration earmarked an extra special […]
April 22, 2023
By Hiran H.Senewiratne Shares edged-down in mid-day trade and the market’s subdued run continued yesterday amid low investor interest and activity. The latter was reflected in low turnover and index declines, market analysts said.The All- Share Price Index went down by 1.62 points and S and P SL20 declined by 1.5 points. Turnover stood at […]
April 22, 2023
Link Natural, a subsidiary of the CIC Group, has partnered SriLankan Airlines, the national carrier, to introduce Link Samahan, a trusted herbal drink, as an onboard beverage choice.Link Natural is a leading manufacturer and marketer of herbal healthcare and herbal personal care products in addition to ayurveda pharmaceuticals. Its flagship brand, Link Samahan, is a […]
April 22, 2023
H One, the leading Microsoft reseller in Sri Lanka, has embarked on its expansion into the Maldives market with a successful event in collaboration with Microsoft. The event, a part of Microsoft partner consortium was held at JEN Maldives Malé by Shangri-La and aimed at SMEs which featured insightful discussions on MWP Security, Azure Security, […]
April 22, 2023
The Daraz Group recently convened its strategic management meetings in Colombo Sri Lanka. The leadership teams and senior management from the Daraz’s offices in Pakistan, Bangladesh, Nepal, Singapore and Dubai met in Colombo for this forum where the Group strategy and direction for the new financial year was discussed and finalised. Commenting on the opportunity, […]