Sarvodaya Development Finance IPO oversubscribed
Sarvodaya Development Finance’s (SDF) Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day. The company secretary issued the announcement of the oversubscription w Read More »
One year of the Chakre Shop
Kumarini and Tiffahny – both undergraduates – never got the opportunity to work together despite going to the same school their entire lives. After leaving school and upon finishing up their degrees, Read More »
SL’s first ever national coffee association launched
Sri Lanka’s first-ever national coffee association was inaugurated as “Lanka Coffee Association” (LCA) under the Sri Lanka Agripreneurs Forum (SLAF). Read More »
India to be granted fuel monopoly in Trinco?
Frontline Socialist Party politburo member Duminda Nagamuwa alleged yesterday (24) that India is seeking to include as a term in the $ 500 million credit line for fuel sought by the Government of Sri Read More »
Budget proposals weigh on insurers’ near-term earnings: Fitch
Fitch Ratings said that the Sri Lankan Government’s proposal to introduce new one-off as well as recurring taxes on companies will likely constrain the near-term profitability of some insurers. Read More »
BOI, Melwa Hotels sign up for $ 52 m expansion
Melwa Hotels and Resorts (Pvt.) Ltd. expects to expand the room capacity of DoubleTree by Hilton Negombo. Read More »
Report on blockchain tech recommendations in 2022
The interim report that comprises recommendations on digital banking, blockchain technology, and cryptocurrency was submitted to Parliament on Tuesday (23). Read More »