Exclusive

Publication

Byline

ADB-WB's FMRF to increase development impact

Srilanka, Feb. 22 -- The Asian Development Bank (ADB) and World Bank (WB) signed a new groundbreaking Full Mutual Reliance Framework (FMRF) on February 20, to deepen their collaboration on cofinanced ... Read More


Unilever opens Rs.3.8bn malt drink and food manufacturing plant

Srilanka, Feb. 22 -- Unilever this week commenced the operations of a Rs.3.8 billion malt beverage and food manufacturing plant, under the popular Viva brand, marking the multinational's largest inves... Read More


ISBs, loan-related provision reversals lift Sampath Bank Dec. profits

Srilanka, Feb. 22 -- Sampath Bank PLC saw its December quarter receiving a massive lift from the reversals of provisions on the International Sovereign Bonds (ISBs) and also the substantially lower pr... Read More


Week ends in green

Srilanka, Feb. 22 -- Indices closed in green as a result of price gains in counters such as Commercial Bank, Melstacorp and John Keells Holdings with the turnover crossing Rs. 3.5 Bn. High net worth a... Read More


Secondary market sees profit following three days of buying

Srilanka, Feb. 22 -- By First Capital Research The secondary market experienced a slight increase in rates amidst profit taking, leading to lower activity and moderate volumes in the secondary market.... Read More


Ceylinco Life pledges Rs 22.4 mn for 'Pranama' scholarships in 2025

Srilanka, Feb. 22 -- Ceylinco Life has announced an allocation of Rs. 22.4 million to be paid out as scholarships to high achieving young Sri Lankans in 2025, continuing a flagship rewards programme t... Read More


British Council supports three Sri Lanka-UK collaborations through CTC Grant Programme

Srilanka, Feb. 22 -- The British Council has announced the recipients of the 2024 Connections Through Culture (CTC) Grant Programme, with three Sri Lankan projects awarded grants for the first time si... Read More


KIST partners with SUNPF for Sri Lanka's first ever Fruit Festival

Srilanka, Feb. 22 -- Cargills Food & Beverage Ltd Managing Director Arjuna Kumarasinghe speaks during the press conference KIST announced its partnership with the Scaling Up Nutrition People's Forum ... Read More


Sun Match Company marks Founder's death anniversary

Srilanka, Feb. 22 -- Prosthetic limbs being given to amputees Chairman Suri Rajan addressing the audience at the event Sun Match Company hailing from the hill capital Kandy that introduced to the ... Read More


Unique Industrial Solutions wins two Pinnacle Awards for Safety Excellence

Srilanka, Feb. 22 -- Kelum Perera and the team with the award Unique Industrial Solutions Pvt. Ltd., a supplier of safety equipment and environmental & industrial engineering solutions in Sri Lanka, ... Read More