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Sivashanth Sundararajee joins CT CLSA Securities Services as Chief Operating Officer/Executive Director

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CT CLSA Securities Services is pleased to announce the appointment of Sivashanth Sundararajee as its Chief Operating Officer / Executive Director with effect from...

WindForce PLC Titled “Fastest Growing Renewable Energy Company in Sri Lanka” at the 2021...

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WindForce PLC has won the award for the Fastest Growing Renewable Energy Company in Sri Lanka at the Global Business Outlook (GBO) Awards for...

China Evergrande fears grip markets as Beijing stands back, for now

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NEW YORK/BOSTON/HONG KONG, Sept 21 (Reuters) - The risks of China Evergrande Group (3333.HK)  defaulting on its mountain of debt loomed large over nervous markets on...

Choose fruity or floral with The Body Shop’s new limited-edition bath and body collections

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Cool Daisy and Fresh Raspberry - The Body Shop’s two new limited-edition bath and body collections, dispel all reasons to be glum with their fruity fresh and...

Lankan Angel Network & Angel Fund Appoint First Female Chairperson

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The Lankan Angel Network (LAN), the country’s largest network of angel investors, has appointed Chandi Dharmaratne as its Chairperson for 2021/2022, at its most...

Laugfs requests further price hike of Rs. 450

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Laugfs Gas PLC has earlier this week requested a further price hike of Rs. 450 per cylinder from the State Ministry of Consumer Protection,...

Airport hotel project extended by six months

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Airport and Aviation Services Sri Lanka (Pvt.) Ltd. (AASL) has extended the contract period of its first-ever airport hotel project at Bandaranaike International Airport...

CPC to borrow $ 1 b from America

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A lender from the US is expected to lend $ 1 billion to Sri Lanka’s debt-ridden, state-owned oil company, the Ceylon Petroleum Corporation (CPC),...

WindForce hints at more acquisitions

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WindForce PLC, who recently acquired Sky Solar (Pvt.) Ltd. from Sunshine Energy (Pvt.) Ltd., speaking to The Sunday Morning Business, hinted at further acquisitions the...

CSE Highs and Lows

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Monday in the Colombo Stock Market (CSE) failed to keep up with its new momentum. The week started with a trading halt and the...

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SEC Act to come into force from today

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The Hon. Speaker Mahinda Yapa Abeywardena endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill today (21). The Bill was presented...

Evergrande: Embattled China property giant sparks economy fears

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BBC - The world's most indebted real estate developer is due to make interest payments of $84m (£61m) on its bonds this Thursday. Earlier in...

Fertilizer shortage will deprive Sri Lanka of critical forex earnings – Planters’ Association

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Cautions that the tea industry will be unable to meet export earnings targets as a result of policy changes Due to the shortage of suitable...