Business

Contributes towards fulfilling the nutrition needs of over 600 children Nestlé Lanka signed a Memorandum of Understanding (MoU) with SOS Children’s Villages Sri Lanka, to offer assistance to five SOS Children’s Villages across the island. Touching the lives of over...

Brings superior insurance facilities to customers Leading Sri Lankan insurer Co-operative Insurance Company PLC (CICPLC) entered an insurance agreement with Bank of Ceylon (BOC), the country’s leading state-owned bank, on October 27, 2022, to maximise its service offerings to customers...

Launch of the Addendum on Responsible Business Conduct Handbook on Doing Business in Sri Lanka Responsible Business Conduct (RBC) as defined by the OECD Guidelines for Multinational Enterprises revolves around the key principle of due diligence, which means the responsibility...

Consolidated revenue of Rs. 24.9 billionPAT increased by 28.2% YoY to Rs. 3.2 billionHealthcare revenue up 35.9% YoY to Rs. 11.6 billionAcquisition led growth in Consumer, revenue up 128.4% to Rs. 8.6 billion  Agri revenue up 34.4% YoY to Rs....

Total operating income doubles to Rs 100 BnImpairment for first nine months exceeds Rs 60 Bn Local currency deposits grow by Rs 146 BnTier I capital ratio and total capital ratio at 11.31% and 14.36%, respectivelyLiquidity coverage ratio at 218.5% Hatton...

CFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally. The Society announced the appointment of Aruna Perera, CFA as its 10th President at the AGM held virtually on...

The Joint Apparel Association Forum (JAAF) has urged the government to urgently expedite negotiations on Free Trade Agreements (FTAs) to enhance the industry’s resilience and global competitiveness amid rising fears of a global economic recession.Elaborating on its rationale, the association...

The annual six-a-side cricket tournament organized by Sri Lanka Food Processors Association (SLFPA) was held on the 5th of November 2022 at the Colombo Colts Cricket Club Grounds. Thirty-six teams comprising both men and women, representing 23 member companies in...

Supporting the global ‘Pole 2 Pole Challenge," DHL Express Sri Lanka has recently organized various activities to create awareness for a cleaner, greener, and healthier planet. These include beach cleanup, marathons, "cycling to work day," and tree planting. The first...

“Bangladesh – Sri Lanka Bilateral Trade & Investment session” at the National ChamberSri Lanka Bangladesh Business Co-operation Council of the National Chamber of Commerce of Sri Lankais organizing bilateral trade & investment discussion between Sri Lanka & Bangladesh on Thursday,...