Home Business News

Business News

Sri Lanka Seeks US$ 500 Million Emergency Loan from India

According to Lankadeepa Newspaper, the government has decided to seek an emergency loan of US$ 500 million from India in order to import petroleum,...

Softlogic Holdings to own Colombo Franchise for LPL 2021

The Lanka Premier League Colombo franchise has a new owner as Founder and Chairman of Softlogic Holdings PLC, Ashok Pathirage enters the second season...

In October 2021, Sri Lanka’s foreign exchange reserves fell to US$2,267 million.

When the central bank began buying bonds to target an output gap as part of an inflationary strategy in August 2019, Sri Lanka's total...

The Founder of Canva is a Woman of Sri Lankan Descent. Her Name is Melanie Perkins.

Canva, an Australian graphic design company, has been valued at $40 billion (£29 billion), making it one of the world's largest privately held firms....

Meet Creators of BaduDeal, who introduced Crypto and PayPal payments first time in Sri Lanka

At a challenging time when we're all staying in our homes because of the current pandemic, it's worthwhile for us to order everything online...

Microsoft’s Windows 11 announcement: All the free upgrades coming this fall

Microsoft's next major software update, Windows 11, is designed to work with as many apps as possible. It'll also include Xbox technology and Android...

For the first time, an app made in Sri Lanka has crossed 10 million downloads.

Helakuru, the first mobile phone software made in Sri Lanka, has crossed the 10 million download mark in the google play store. Ten years ago,...

Dhammika Perera buys the One of Largest Garment Factory in Sri Lanka.

Hayleys Fabric PLC yesterday (22) acquired a majority stake in South Asia Textiles, one of the largest manufacturers of knit fabrics for the export...

Xiaomi has Updated their logo. Spent 300000$ to hire the Designer.

Xiaomi, a Chinese software company, is known for its boldness. The business is known for its strange and marvelous gadgets, which range from translucent...

Dhammika Perera earn Rs. 727 million dividend income from Vallibel and Hayleys Companies.

Vallibel One PLC and Hayleys PLC are the two companies that billionaire Dammika Pereira has majority shares, publish their dividends for the last financial...

All Breadtalk Restaurants Close.

The board of directors of FoodBuzz (Pvt) Ltd, a wholly-owned subsidiary of RIL Properties PLC, has decided to suspend its business operations. Accordingly, all BreadTalk...

Tile Companies Owned by Dhammika Perera have Made Huge Profits. A Share of the Profits is Also Given to the Shareholders.

Leading tile companies in Sri lanka such as Royal Ceramic, Lanka Tile, Lanka Wall Tile and Swistek Ceylon have been released the latest financial...

Most Read

How To Market Yourself On LinkedIn Without Annoying Your Prospects

Without a doubt, LinkedIn is the most effective professional networking site with close to a billion users worldwide. Most people who use it for...

Twitter shares decline as dispute over Musk’s $44 billion takeover intensifies

As the social media giant fought with Tesla founder Elon Musk over a $44 billion takeover deal, Twitter shares were on track for a...

Zimbabwe Turns to Gold Coins As Local Currency Tumbles

As part of efforts to rein in spiraling inflation and a depreciation of its currency, Zimbabwe says it will introduce gold coins later this...

Bangladesh’s exports hit all-time high of over $52 bn in FY 2021-22

According to official data, Bangladesh's exports increased by more than 34% to $52.08 billion in the fiscal year 2021–2022 (July 2021–June 2022). The Export Promotion...