EconomicsMarket Mastercard TrackTM to Modernize $125 Trillion Global B2B Payments Market publisherSeptember 19, 2019 Payments leader unveils vision and products to transform global business-to-business payments market. Mastercard TrackTM Business Pa...
EconomicsMarket Sunshine’s Vish Govindasamy calls for a strategic unit to analyse and respond to global events impacting the SL economy publisherSeptember 19, 2019 September 19, 2019 Addressing the Sri Lanka Economic Summit 2019, Sunshine Holdings Group Managing Director and Vice Chairman of Ceylon Chamber of Comm...
EconomicsMarket Dipped Products Records Turnover of Rs.7.8Bn publisherAugust 8, 2019 The Dipped Products Group posted Rs.7.8 billion turnover and Rs. 221 million Profit before Tax (PBT) for the first quarter ended 30t...
EconomicsMarket Hayleys revenue up 34% YoY to Rs 219 bn in FY 18/19. publisherMay 25, 2019 May 25, 2019 The iconic Sri Lankan multinational, Hayleys PLC, recorded outstanding growth in revenue and operating profits in the financial year...
EconomicsMarket Global stocks gain as US eases Huawei restrictions publisherMay 24, 2019 Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporari...
EconomicsMarket Pharma Chamber welcomes drug price revision linked to rupee devaluation and calls for fair long-term pricing mechanism publisherMay 22, 2019 Price increase allows SLCPI to provide retailers with minimum mark-up of 15% on price-controlled molecules, 17% on non-controlled mo...
EconomicsMarket Taking Sri Lankan SMEs global is not just possible, it is inevitable publisherMay 21, 2019 May 21, 2019 Sri Lanka’s economy is not growing as fast as it potential would suggest. The final data on the country’s economic performance has n...
EconomicsMarket Market closure – April 22, 2019 publisherApril 24, 2019 The Colombo Stock Exchange (CSE), in consultation with the Securities & Exchange Commission of Sri Lanka (SEC), announces that t...
EconomicsMarket ABACUS TEA UNVEILS STAPLE-FREE TECHNOLOGY FOR EXISTING TEA BAG MACHINES publisherApril 18, 2019 •OVER 1000 CONSTANTA MACHINES TO GET NEW LEASE OF LIFE. •STAPLE PINS, RECOGNIZED AS POTENTIAL HEALTH HAZARD, NOW AVOIDED IN MOST C...
EconomicsMarket Resilient Teejay posts 5th successive quarter of profit growth publisherFebruary 11, 2019 February 11, 2019 Reports 9-month net profit of Rs 1.26 billion on sales of Rs 23.0 billion Teejay Lanka PLC has achieved its fifth consecutive quarte...
EconomicsMarket Huawei CEO and Founder expects Revenue to touch US $ 125 Bn in 2019 Says company intends to spend US $ 100 Bn for R&D in total for next 5 years publisherJanuary 17, 2019 January 17, 2019 Ren Zhengfei, CEO and Founder of Huawei, recently said that 2019 could be a difficult year for Huawei, and however the company, is t...
EconomicsMarket Fortinet Serves as a Founding Partner of World Economic Forum’s Centre for Cybersecurity publisherJanuary 8, 2019 January 8, 2019 As first cybersecurity founding partner of the Centre for Cybersecurity, partnership demonstrates Fortinet’s continued commitment to...