October tea production down by 8.05% YoY to 21.14 m kilos Production falls at all elevation levels compared to October 2023
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Launch of the mobile registration service for service providers across the country, starting with Hikkaduwa and Koggala by the Sri Lanka Tourism Development Authority (SLTDA) and the Sri Lanka Institute of Hotel Management (SLITHM) garnered about 600 such registrations, top officials said.
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The Hayleys Group said yesterday it delivered remarkable growth and profitability during the first half of the financial year ending 31 March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12.73 billion, an increase of 78% over the corresponding period of the previous year.
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By the Harmony page team
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The Attorney General has informed the Supreme Court that five liquor manufacturing companies, including the leading W. M. Mendis & Co., risk having their licences suspended if they fail to settle outstanding tax arrears by 30 November.
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While Sri Lanka has made notable progress in tobacco control, with policies reducing cigarette consumption, the unchecked growth of the beedi industry presents a mounting threat to the economy.
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SLT-MOBITEL Group has reported a Profit After Tax (PAT) of Rs. 1,093 million for Q3 2024, compared to a loss of Rs. 1,543 million for the same period last year, demonstrating a significant 171% turnaround in bottom-line performance.
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In the first nine months of 2024, Bank of Ceylon skillfully navigated Sri Lanka’s complex economic terrain. Despite intense competition and global economic headwinds, the Bank achieved a remarkable profit before tax (PBT) of Rs. 37.6 billion, a substantial 66% increase over the same period in the previous year. General Manager, Chief Executive Officer, Russel Fonseka emphasized, “Our robust financial …
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National Security Council Israel lowers threat level for Arugam Bay area from 4 to 2, after suspects arrested in connection to IRGC plot to kill Israelis Israeli authorities Wednesday eased a travel warning for Sri Lanka on Wednesday, some three weeks after cautioning tourists at a popular beach town of an imminent terrorist threat.
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Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the social and economic conditions of the estate communities.
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