Business and Economy (Page 20)

Ashraff Associates Appoints New Creative Director Ashraff Associates, one of Sri Lanka’s leading boutique creative agencies has appointed Yasaanth Krishnamoorthy as its Creative Director effective 1st January 2026. A qualified architect with a Master’s Degree from the City School of Architecture at the University of West England, Krishnamoorthy’s foray intoContinue Reading

This year, Emirates moved 55.6 million customers, circled Earth 29,290 times on nearly 180,580 flights, and placed orders for 73 new aircraft. The airline celebrated its 40th year of operations in October, but the real story of 2025 goes beyond that anniversary milestone, as Emirates plots what the future of flyingContinue Reading

The Sri Lankan rupee depreciated by 5.6% against the US dollar during 2025, according to data released by the Central Bank of Sri Lanka (CBSL). This marks a reversal from the previous two years, during which the rupee recorded notable gains. The currency had appreciated by 12.1% in 2023 andContinue Reading

John Keells Foundation (JKF) and Rajawella Holding’s Victoria Golf Resort (VGR) vested the Nithulemada Model Pre-School in the Medadumbara Pradeshiya Sabha with the aim of improving access to early childhood education for children aged 3–5 years in the Medadumbara Pradeshiya Sabha of the Kandy District. For over two decades, childrenContinue Reading

The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, increased to 66.2 in November 2025. Most firms reported improved construction activity during the month, despite the weather-related disruptions towards the end of the period. The New Orders Index remained expanded inContinue Reading

Guided by a clear vision to extend value beyond business, Prime Group made a landmark contribution of LKR 200 million to the Rebuilding Sri Lanka Fund, pledging support toward the national recovery from Cyclone Ditwah. This is believed to be one of the highest contributions made by a corporate bodyContinue Reading

Dilmah invited to be Patron of the UN Global Compact Network Sri Lanka Supply Chain Working Group For over three decades, Dilmah has been more than a tea company. It has been the custodian of a philosophy that its Founder, Merrill J. Fernando, described simply: “Business is a matter of humanContinue Reading

flydubai has announced a series of significant developments that will support its long-term growth strategy and enhance the travel experience for its customers. The airline has signed a landmark agreement for 150 Airbus A321neo aircraft, marking its first order with Airbus, alongside a Memorandum of Understanding for 75 Boeing 737Continue Reading

Sri Lanka Customs is commended for its outstanding contribution to strengthening the nation’s economic and social stability by successfully generating the required revenue for the country. Let us lead the country to economic success with new plans in the New Year – President The year 2025 has been recorded asContinue Reading