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South Asia Textiles wins Gold

SRI LANKA, Jan. 13 -- South Asia Textiles Limited, a textile manufacturer specialising in weft knitted fabric, won the Gold award in 'Manufacturing - Apparel, Textile and Leather Products Sector' cate... Read More


CBL wins Gold award

SRI LANKA, Jan. 13 -- Ceylon Biscuits Limited (CBL) won a Gold at the 43rd International Convention on Quality Control Circles (ICQCC) in Singapore recently. Hosted at the Resorts World Sentosa Conve... Read More


Ruwangi Fernando, Puttalam's Woman Entrepreneur 2018

SRI LANKA, Jan. 13 -- Ruwangi Fernando who built Adeem Uniform of Saudi Arabia into a dynamic employer and a 100 percent export-based entity in the North Western Province, won the Woman Entrepreneur A... Read More


SAGT joins World Ocean Council

SRI LANKA, Jan. 13 -- South Asia Gateway Terminals (SAGT) strengthened its commitment to responsible and sustainable operations by joining the World Ocean Council (WOC), the global Blue Economy Busine... Read More


Asia must plan today for tomorrow's jobs

SRI LANKA, Jan. 13 -- Technology optimists argue that progress creates many more jobs than it destroys. They say fears over job losses are as misplaced as Luddite worries in the 19th century over the ... Read More


Laugfs to commission Hambantota LPG terminal soon

SRI LANKA, Jan. 13 -- Laugfs Gas will infuse one billion rupees to expand its LPG transshipment terminal at the Hambantota Port. The commissioning of the terminal, a fully-owned subsidiary of Laugfs ... Read More


BOC supplies one Mega Watt to national grid

SRI LANKA, Jan. 13 -- Photovoltaic energy released by the Bank of Ceylon (BOC) to the national grid hit the 1 MWT mark when the Nugegoda branch began generating solar energy. The branch was the 27th t... Read More


Central Bank committed to price stability, says Governor

SRI LANKA, Jan. 13 -- The Central Bank maintains its monetary policy in an increasingly forward looking manner to maintain inflation at low and stable levels in the medium-term, thereby supporting the... Read More


SL must improve competitiveness in int'l trade to achieve growth targets - Economists

SRI LANKA, Jan. 13 -- Sri Lanka cannot achieve economic growth targets such as creating employment and solving the debt burden without entering global markets, attracting foreign investment and improv... Read More


Lanka will record economic growth, despite political volatility, says John Keells chief

SRI LANKA, Jan. 13 -- The country will continue to see reasonable economic growth despite the political volatility and this augurs well for businesses, Krishan Balendra told the Business Observer. Ba... Read More