Business News

Diesel & Motor Engineering PLC (DIMO), one of the leading automobile and engineering companies in Sri Lanka, together with students from the Mechanical Engineering Department of the University of Moratuwa (UoM), unveiled the DI-MORA P2, a race car built by the university students to participate in the world’s biggest student motorsport competition, Formula Student 2018.

Emirates Flight Catering (EKFC) and Crop One will co-invest US$40 million to build the world’s largest vertical farming facility near Al Maktoum International Airport at Dubai World Central.

The Brandix Group has been recognised as the largest corporate blood donor in Sri Lanka for the eighth consecutive year, following the selfless contribution of over 4,000 pints of blood from inspired employees to the National Blood Transfusion Service (NBTS) in 2017-18.

Ceylinco Insurance PLC (Ceylinco) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE), as part of a ceremony organized to mark the company’s inclusion in the S&P SL 20 Index.

Viber one of the world’s leading messaging apps, announced new and innovative Chat Extensions, giving its one billion registered users exciting new ways to express themselves and easily manage their conversations.

Serving as one of Sri Lanka’s first local banks to link the island to global businesses since its inception, HNB has been deeply entwined with the island’s trade providing essential trade and advisory services to importers and exporters alike for over 130 years.

The Commercial Bank of Ceylon has been named the Best Internet Bank in Sri Lanka by Global Banking & Finance Review of the UK, for the third successive year.

Oracle Corporation (NYSE: ORCL) today announced fiscal 2018 Q4 results and fiscal 2018 full year results.

The Season 2 of the popular tech reality TV show, Kotiyak Vatina Adahasak, powered by Mobitel, drew to a close with a grand finale episode - with the startup idea for an innovative Waste Management system emerging the clear winner.

A week-long environment awareness campaign that culminated with an island-wide sapling planting initiative and a ‘Green Walk’ in Colombo, was successfully carried out by the Green Building Council of Sri Lanka (GBCSL) with support from Brandix, an inspirational practitioner and advocate of eco-friendly manufacturing.