Business News

President of the Chartered institute of Management Accountants (CIMA) Mr. Amal Ratnayake was recently hosted at the Colombo Stock Exchange (CSE) for a special market opening ceremony organized to celebrate the professional management accounting body’s 100-year anniversary.

Global technology platform Zilingo has acquired Sri Lanka-based startup nCinga Innovations resulting in cash and stock worth approximately LKR 2.8 billion (USD 15.5 million) changing hands.

Munchee, the flagship brand of Ceylon Biscuits Limited (CBL) product portfolio, has yet again clinched the coveted ‘Brand of the Year’ award at the SLIM Brand Excellence Awards 2019 held at Shangri-La hotel Colombo, recently.

Leading healthcare provider Nawaloka Hospitals had high praise heaped upon the quality and hygiene of its food when it was presented with a prestigious 5 Crown Award for Food Hygiene by Ind-Expo Certification Ltd. for the fifth consecutive year.

Union Assurance (UA) has been empowering Sri Lankans with innovative Life Insurance solutions that provide protection and a secure future.

URBAN GATEWAY by Kelsey Homes in Kottawa is attracting an overwhelming response from prospective homeowners, with over 40% already pre-booked.

Boris Johnson hit back at the US over the its opposition to Chinese tech giant Huawei being involved in the UK's 5G network today, demanding Washington 'tell us what the alternative is'.

CSE adopts GICS Industry Classification

Saturday, 18 January 2020 04:45

The Colombo Stock Exchange (CSE) has decided to discontinue the current industry classification used to categorize its listed companies and adopt the Global Industry Classification Standard (GICS) along with S&P/CSE co-branded sector indices with effect 20 January 2020.

The Body Shop is helping you stick to your resolutions this year with its rewarding loyalty program.

Sri Lanka’s National Mobile Service Provider, Mobitel, entered into a partnership with Nations Group, a leading direct marketing sales company, to expand its sales reach island-wide and increase penetration into new customer segments.