Business News

Colombo Stock Exchange announces new listing opportunities


The Colombo Stock Exchange (CSE) has expanded the eligibility criteria for initial listing of shares on the Main Board and the Diri Savi Board which will enable a wider spectrum of companies to qualify for a listing.

Standard Chartered finances apparel manufacturer Brandix for Personal Protective Equipment production


Standard Chartered Sri Lanka announced today that Brandix is the latest company to complete a drawdown from the Bank’s global USD1 billion COVID-19 financing commitment, underscoring its ongoing efforts to support local businesses in the pandemic response.

JAT Holdings helps combat COVID 19 with new JAT Care product range


JAT Holdings, the trusted household name in Sri Lanka for wood coating products, stepped up during this challenging time to battle the COVID-19 global pandemic by making its entry to a new industry vertical with the launch of a novel brand and product range, “JAT Care”.

Unilevers flagship skin care brand announces name change to Glow and Lovely


Unilever Sri Lanka Limited has announced the next step in the evolution of its skin care portfolio to a more inclusive vision of Positive Beauty, and introduces Glow & Lovely, the new name for the Fair & Lovely brand.

Online Payments surges ahead as HNB AppiGo merchant base triples in just one month


Surging consumer demand for online retail in a post-COVID Sri Lanka has led to a rapid increase in enterprises signing on with HNB AppiGo, a revolutionary platform that facilitates businesses with end-to-end e-commerce capabilities.

UiPath Raises 225 Million Series E Funding Round


The leading Robotic Process Automation (RPA) company, UiPath, today announced it has closed its Series E investment round, raising $225 million at a post-money valuation of $10.2 billion.

Dankotuwa Porcelain Steam Inhalers now available in showrooms


Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain recently introduced the all new customized steam inhaler which is said to be ideal for individuals affected by respiratory tract infections.

Huawei MateBook D15 and MateBook 13 optimize productivity with a pack of innovative features


Huawei, the innovative smartphone manufacturer, recently marked its footprint in the laptop arena with the launch of Huawei MateBook D15 and Matebook 13.

Unilever Sri Lankas UStore facilitates direct access to essential goods


Unilever Sri Lanka’s e-commerce platform, ‘UStore,’ has been instrumental in providing consumers with access to much needed hygiene products and other essential items, enabling direct sales of its entire portfolio.

The All New and Powerful Samsung Galaxy M series


The widely popular Galaxy M series is a testimony to Samsung’s deep commitment to create products and innovations to enhance the lives of consumers.