Lethargic activity continues towards year-end

The secondary market experienced a lethargic trading session towards the year end as the secondary market yield curve remained broadly unchanged.

Club Hotel Dolphin by Browns Hotels crowned ‘Best 4-Star Resort’

Club Hotel Dolphin, Waikkal, a standout property in the Browns Hotels & Resorts portfolio, clinched the award for the Best 4-Star Resort in Sri Lanka at the prestigious 7th Sri Lanka Tourism Awards, organised by the Sri Lanka Tourism Development Authority (SLTDA).

Singer Group triumphs at TAGS Awards with Gold wins

Singer Group’s outstanding success at the TAGS Awards 2024, highlighted by two Gold Awards and multiple recognitions, underscores its unwavering commitment to corporate excellence and its dedication to sustainable and responsible business practices.

HNB Finance clinches Bronze at TAGS Awards 2024

The TAGS Awards Committee of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced HNB Finance as the Bronze award winner in the Non-Bank Financial Institutions (Total Group assets between Rs. 25-75 billion) category at the TAGS Awards 2024, marking the company’s third consecutive win at the event, held at the Shangri-La Hotel, Colombo recently.

Asia Capital denies claims of offer from MAC Holdings for majority stake

Asia Capital PLC, along with its majority owner Dato Vijay Eswaran, has categorically denied recent claims circulating on social media that MAC Holdings has made a formal offer to acquire a majority stake in the company.

Ceylinco Life closes 2024 with 13 awards

Ceylinco Life has brought 2024 to a close on a victorious note, winning a total of 13 awards, 11 for distinction in financial reporting and two for brand excellence.

Everbolt Engineering wins three at Entrepreneur Awards

Everbolt Engineering Pvt. Ltd., has clinched three awards with Silver for the Best Entrepreneur of the year (Overall winner), gold for Best Innovative Enterprise and gold for Best Enterprise of Service Sector under medium category at the Western Provincial Entrepreneur Awards, 2024.

Great Place To Work Sri Lanka partners with Parenthood Global

Great Place To Work Sri Lanka has partnered with Parenthood Global to conduct a study that will celebrate and promote organizations that prioritize parent inclusivity.

Delmege - Sri Lanka wins ‘Best Country’ and ‘Best General Trade’ awards

At the highly anticipated Kellogg’s Asia Expansion Markets Annual Meet 2024, held in Kathmandu, Delmege took center stage by winning two of the most coveted awards – the Best Country and Best General Trade awards.

Align Dental Care becomes Southeast Asia’s first DSD clinic

Align Dental Care is at the forefront of a dental revolution, becoming Southeast Asia’s first and only certified Digital Smile Design (DSD) clinic. This cutting-edge process transforms smiles into powerful personal statements, blending advanced technology with creative artistry.

ACCA and CMA Sri Lanka renew partnership to advance professional excellence

The Association of Chartered Certified Accountants (ACCA) and the Institute of Certified Management Accountants (CMA) of Sri Lanka recently renewed their Memorandum of Understanding (MOU).

Three Sinha Group wins at Entrepreneur Awards

Three Sinha Group of Companies became the Large-Scale Winner in the Manufacturing Sector at the Entrepreneur Awards 2024 for the Western Province.

DIMO strengthens regional growth with new Care Hub

DIMO recently opened its latest DIMO Care Hub located at Chilaw Road, Horagolla, Marawila, in Puttalam District, contributing to strengthen the North Western Province’s economy and improving community access to top-notch services and solutions.

Nimo & Company introduces new range of Godrej Interio chairs to market

Nimo & Company (Pvt) Ltd, suppliers of branded office seating, steel furniture, adjustable tables, adjustable beds and recliners has introduced a new range Godrej Interio chairs to the market, suitable for both home and institutional segments.

Higher taxes and economic growth drive SL’s budget surplus

Sri Lanka’s budget is getting into fine shape with substantially higher revenues made possible from higher taxes which are further supported by the robust recovery seen in the economy this year.

Sri Lanka’s freshly issued sovereign bonds start trading

A week after the conclusion of the exchange of International Sovereign Bonds (ISBs) for a collection of fresh set of bonds linked to its economic growth and governance, Sri Lanka has started trading in the secondary market this week, the data showed.

Digital payment system to replace cash in govt. institutions

Plans for a digital payment surge in the public sector are underway with the Ministry of Digital Economy recently announcing a new programme to digitise all payments made to government institutions.

November apparel exports tick up 1% YoY

Sri Lanka’s apparel exports grew by a marginal 1.03 percent Year-on-Year (YoY) to US$ 374.94 million in November 2024, supported by higher shipments to the United States and the United Kingdom, data compiled by Joint Apparel Association Forum (JAAF) showed.

Hambantota Port to leverage relay cargo for strategic expansion

Hambantota International Port (HIP) is expanding into the relay cargo market as part of a broader strategy to enhance its container operations and establish itself as a key hub in regional maritime trade, the port’s operator, Hambantota International Port Group (HIPG) said.

Govt. aims to build skilled workforce for local and global labour markets : PM

Prime Minister Harini Amarasuriya recently stated that a key objective of the government’s long-term development vision is to develop a skilled workforce capable of catering to the demands of both the local and global labour markets.

Ambeon Holdings increases stake in Seylan Bank

Diversified conglomerate Ambeon Holdings PLC, increased its stake in Seylan Bank PLC by 0.98 percent, bringing its total holding to 8.61 percent of the bank’s ordinary voting shares.

Prima spreads festive joy with new range

Embracing this festive season, Prima brought the joy of Christmas with a tantalising selection of new varieties, perfect for Christmas feasts.

Pegasus Reef organises Crimson Eve gala

Pegasus Reef is to conclude the festive season with Crimson Eve, a grand year-end celebration, on December 31, 2024.

Classic Travel wins Silver at SLIM Brand Excellence Awards

Classic Travel has been honoured with the Silver award for B2B Brand of the Year at the prestigious SLIM Brand Excellence Awards 2024.

Serendib Flour Mills celebrates 15+ years

Serendib Flour Mills (SFML) celebrated over 15 years of purposefully nourishing the nation with a gala event held recently at Taj Samudra Hotel.

Sun Siyam Pasikudah receives Travelife Gold Certification

Sun Siyam Pasikudah, located on Sri Lanka’s unspoiled eastern shores offering guests a unique blend of luxury and sustainability, has been awarded the prestigious Travelife Gold Certification, in recognition of its exemplary sustainability practices, including eco-conscious tourism and community empowerment.

Laugfs Gas bags Gold at TAGS Awards 2024

Laugfs Gas PLC has once again demonstrated its leadership and excellence in corporate reporting by clinching the prestigious Gold award in the Power and Energy Category at TAGS Awards 2024, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

Westbury Residencies seeks ISO 9001 certification

Westbury Residencies is making strides to elevate its standards by seeking ISO 9001 certification.

OMED-mesoestetic elevate skincare in Sri Lanka

OMED Pharmaceuticals (Pvt.) Ltd, a leading distributor and exclusive agent for high-quality international skincare and aesthetic brands in Sri Lanka, together with mesoestetic, a global leader in the medical cosmetics and aesthetic medicine sector,

SLT-Mobitel triumphs with Gold at TAGS Awards 2024

SLT-Mobitel secured the prestigious Gold award in the telecommunications and technology sector at the prestigious TAGS Awards 2024, held recently at Shangri-La Hotel, Colombo.