Business and Economy (Page 8)

Joseph Fraser Hospital recently marked an important milestone in its maternity services with the successful delivery of a baby through a medically supported water birth, reaffirming its commitment to personalised care, informed maternal choice, and the highest standards of clinical safety. Water births at Joseph Fraser Hospital are offered withinContinue Reading

Performance review for the Nine Months ended 31 December 2025 Operating Environment Macroeconomic Environment and Impact on the Group During the quarter, macroeconomic conditions reflected selective cost pressures alongside areas of stability, with a moderated net impact on the Group’s performance.The Sri Lankan Rupee depreciated by 2.4%, driven by higherContinue Reading

Trading at the Colombo Stock Exchange (CSE) remained highly active from the opening of the market Yesterday (05), with strong momentum observed during the early part of the session. The All Share Price Index (ASPI) recorded several instances of gains exceeding the 100-point level in the initial hours of trading,Continue Reading

World Bank Group Executive Director Parameswaran Iyer is on an official visit to Sri Lanka to strengthen development cooperation and support the country’s economic growth efforts. Mr. Iyer, who represents Sri Lanka and several regional countries on the World Bank’s Executive Board, met with Secretary to the Treasury and MinistryContinue Reading

Sri Lanka presented a clear message of confidence, reform, and long-term opportunity at the Exclusive Port City Colombo Investor Forum held on 27th January 2026 at the Shangri-La Hotel, Singapore. Jointly organised by the High Commission of Sri Lanka in Singapore and Port City Colombo, the forum positioned Port City ColomboContinue Reading

Emirates Flight Catering (EKFC) is scaling up its approach to waste management with a custom-built biodigester, one of the largest in commercial scale and capacity. The Power Knot LFC-3000 biodigester at EKFC’s Central Commissary Unit enables on-site processing of organic waste, treating it at the source rather than diverting itContinue Reading

Scybers today announced the opening of its new state-of-the-art Cyber Defense Center in Chennai, expanding its global security operations and strengthening its ability to deliver 24×7 managed detection and response for clients across the US, Europe, Australia, India and APAC. The new center is purpose-built for high-intensity security work, combiningContinue Reading

First Capital Holdings PLC and Janashakthi Finance PLC, subsidiaries of JXG (Janashakthi Group), announced that their Chairman, Rajendra Theagarajah, was honoured with the Silver Award for Outstanding Independent Non-Executive Director of the Year at the inaugural SLID–ACCA National Corporate Director Awards 2025, in recognition of his leadership, integrity and contributionContinue Reading

Anax Advisory, a leading Sri Lankan digital transformation and data-driven strategy firm and Subsidiary of “The Anax Holdings (Pvt) Ltd, has announced a strategic partnership with Abhiyanta Solutions , an SAP Gold Partner and globally recognized SAP transformation specialist. This collaboration brings together two complementary organizations to deliver end-to-end SAPContinue Reading