Colombo bourse started the weekly operations on a negative note with a lackluster trading session on Monday ahead of the potential government workforce strike relating to concerns on budget 2016. All share index shed 29.27 index points (-0.43%) to end at 6,803.08 while 20-scrip S&P SL index declined by 21.68 index points or 0.60% to…
The world market prices of oil is rapidly falling with a barrel of WTI crude recording a low of USD 35.62 and a barrel of Brent crude recording USD 37.93. This has been the lowest prices to be recorded since 2003. This is the first time since 2003 that the world market price of a…
* New brand in line with company’s product diversification strategy Ceylon Biscuits Limited (CBL) has added a new brand and product line to its portfolio, with the launch of Sera, a premium liquid coconut milk conveniently available in 180 ml UHT packs. The company has invested over Rs. 2 billion to set up the state…
The northern region of Sri Lanka will welcome once again for the 7th consecutive year, the Jaffna International Trade Fair (JITF 2016). Considered by the people in the north as the largest exhibition and consumer fair, the event takes place from the 29th – 31st of January 2016 in Jaffna. The Exhibition which has grown…
Placed among the country’s largest conglomerates and business stewards, Citizen’s Development Business Finance proudly donned the crown of being among the Top Ten Corporate Citizens of Sri Lanka for 2015, in addition to being adjudged Best Corporate Citizen 2015 in the Less than Rs 15 Bn Category. For a company that is just twenty years…
Ircon International Limited after the successful completion of the 265 km reconstructed rail network in the Northern Province of Sri Lanka, is looking to expand its footprint in Sri Lanka and assures the government of Sri Lanka of their continued support to uplift the transport sector and develop further the rail infrastructure of the country….
Colombo equities nudged higher on Friday to end the five-day losing streak on the back of selective buying of blue-chips. The ASI closed 8.44 points or 0.12% higher at 6,832.35. The index gains were led by Nestle Lanka (LKR 2,200.00,+5.8%), Commercial Leasing (LKR 4.20,+7.7%), DFCC (LKR 160.20,+1.0%) and Seylan Bank (LKR 98.00,+3.2%). However, S&P SL…
The 8th International Research Conference of the Central Bank of Sri Lanka was held on 7 December 2015 at the John Exter International Conference Hall of the Central Bank. The conference, organised by the Economic Research Department of the Central Bank, aims to stimulate research on current themes while providing a forum for researchers of…
Once again TBWASri Lanka has brought recognition to the local advertising industry with their ‘disruptive’ creative ability at the recently held Campaign Asia’s Agency of the Year Awards in Mumbai. TBWASri Lanka was recognized with a Silver award for the Creative Agency of the Year (Rest of South Asia), along with a shortlist for Creative…
The headquarters building of the Brandix Group has been awarded the Green Mark – Platinum certification by the Ceylon Institute of Builders (CIOB), making it the first commercial building in Sri Lanka to receive this rating, developed by the Building Construction Authority (BCA) of Singapore to assess Green buildings. The milestone award presented to Brandix…
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