Business and Economy (Page 6)

The Cargills Group reported a strong financial performance for the third quarter of the 2025/26 financial year, demonstrating resilience despite severe weather disruptions experienced across Sri Lanka during the period. Group revenue for the quarter reached Rs. 70.8 billion, reflecting a 14.5% year-on-year increase, while EBITDA grew 29% to Rs.Continue Reading

The appointment of an Advisory Council for the advancement of the Event Management industry, which holds a prominent place among the new industrial sectors identified in Sri Lanka, was held on Monday (9) under the patronage of the Minister of Industries and Entrepreneurship Development,  Sunil Handunnetti. This is the firstContinue Reading

NDB Bank has renewed its membership with the Parenthood Global Association for the second consecutive year, reaffirming its strong commitment to fostering a workplace culture that supports, empowers and understands the needs of working parents. This renewed partnership underscores NDB’s belief that an inclusive and equitable work environment must makeContinue Reading

Great Place To Work is set to host the Great Urban Challenge 2026 for the third consecutive year, reaffirming its commitment to fostering strong workplace cultures and meaningful connections among employees, families and communities. Designed as an immersive, city-wide experience, the event brings together fun, physical activities and strategic thinkingContinue Reading

Sri Lanka’s cinnamon industry achieved a historic milestone, with exports generating nearly Rs 8 billion( USD 260) in 2025, marking the highest annual revenue ever for cinnamon-based products. This, driven by a 23.12% increase in the first eight months, contributes to a record-setting year for total export earnings of overContinue Reading