National prices accelerate to 2.4% in June

Sri Lanka’s inflation, measured by the National Consumer Price Index, gained pace in June to 2.4 percent from a year ago, from 1.6 percent through May, as the food prices rose in June, largely due to the weather-related disruptions to the crops.

SLTDA inks MoUs with key agencies to boost tourism

The Sri Lanka Tourism Development Authority (SLTDA) together with the Tourism Ministry yesterday signed memoranda of understanding (MoUs) with four key stakeholder agencies, to further strengthen the recovering tourism sector.

HSBC awarded as Best International Bank in Sri Lanka

HSBC Sri Lanka has been recognised as the Best International Bank in Sri Lanka by Euromoney, in its Awards for Excellence 2024.

Cable Solutions IPO opens today

The initial public offering (IPO) of the shares of Cable Solutions Limited (CSLK) will open today.

SLTPB gears up to award tenders for tourism PR and digital campaigns

The Sri Lanka Tourism Promotions Bureau (SLTPB) yesterday said that the tenders for the public relations campaigns and six-month digital campaigns, targeting the key source markets, would be awarded soon.

Week starts with foreign selling

Indices closed in red as a result of price losses in counters such as Commercial Bank, Melstacorp and Hatton National Bank with the turnover crossing Rs 678 Mn.

Mixed sentiment wavers as monetary policy decision nears

The secondary market experienced mixed sentiment amidst limited activities and thin trading volumes, ahead of the upcoming monetary policy announcement scheduled for the 24th of this week.

Kurunegala SMEs explore capital raising opportunities through stock market

The Colombo Stock Exchange (CSE) hosted an issuer forum recently at ‘The Epitome’, Kurunegala for business owners in the Wayamba province.

Mercantile Investments opens 55th branch

Mercantile Investments celebrated a significant milestone with the inauguration of its 55th branch Nuwara Eliya Road, Welimada.

Talawakelle Estates to unveil Tea Coins at international convention

Talawakelle Tea Estates PLC, a subsidiary of Hayleys Plantations, is set to participate in the upcoming International Tea Convention, where it will showcase its exceptional range of specialty teas, including the renowned Tea Coins from its Great Western Estate.

HNB launches ‘Self-Onboarding’ digital banking solution

HNB PLC unveiled ‘HNB Self-Onboarding’, a transformative digital banking solution that allows customers to open an HNB account entirely online.

Nilrandha Fonseka clinches Nippon Paint Colour Award

The AYDA Awards 2023/2024 international finale, held from July 3-5th at the ITC Grand Chola in Chennai, served as the pinnacle event uniting National Winners across 17 countries and regions competing for the coveted title of AYDA Designers of the Year.

Telco and banking leaders partner to empower SMEs

In a landmark move to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC., has signed a Memorandum of Understanding (MoU) with Commercial Bank of Ceylon PLC, GlobalLinker, and Databox Technologies, on “Commercial Bank LEAP GlobalLinker”, a web solution designed to empower entrepreneurs through digital marketing and e-commerce.

Macktiles Lanka inaugurates showroom in Kelaniya

Macktiles Lanka announced the opening of its 35th showroom in Thorana Junction, Kelaniya, marking a significant milestone in its journey of expansion.

Sri Lanka on path to establish Environment Management Effectiveness Tracking System

The Presidential Secretariat Support Unit, in collaboration with the Climate Change Office of the Presidential Secretariat and the Ministry of Environment held the inaugural consultation for the Sri Lankan Environment Management Effectiveness Tracking System (SL EMETS) at the Hilton, Colombo recently.

CMA Sri Lanka’s National Management Accounting Conference begins tomorrow

The Institute of Certified Management Accountants of Sri Lanka will be holding its 20th annual flagship event, the CMA National Management Accounting Conference 2024, on the theme ‘Navigating Stability towards Dynamic Growth’.

Seylan Bank to strengthen MSMEs with govt. collaboration

Seylan Bank, in collaboration with the Government of Sri Lanka (GoSL), announced the launch of a new loan scheme, in a bid to re-energise Micro, Small, and Medium Enterprises (MSMEs) across the country.

Classic Car Club holds AGM

The Classic Car Club of Ceylon (CCCC) held its Annual General Meeting on June 25th at the Kingsbury Hotel Colombo.

Abans partners with CEB Welfare Society to provide solar systems

Abans PLC has launched its newest initiative in partnership with the CEB Colombo City Welfare Society in order to provide domestic solar systems to CEB staff in the Welfare Society.

Zesta invites tea lovers to create next commercial 

Zesta Tea, a renowned flagship brand under Sunshine Consumer Lanka, has announced ‘My Zesta Story’, a campaign inviting all Sri Lankan tea lovers to create their very own commercial for the brand.

Megakem Engineering expands with new showrooms

Megakem Engineering Private Limited has expanded its business by opening two new showrooms under the “Megakem” brand.

Sanjeewanie Ayurveda and CEO shine at Business World Awards

Sanjeewanie Ayurveda along with its CEO, H.M.D.S. Sandakelum were recognized at the Business World International Awards 2023 held recently.

Bank of Ceylon relocates Pesalai branch

Bank of Ceylon announced the opening of its relocated Pesalai branch to provide a more convenient, flexible, and efficient banking experience, incorporating the latest in digital technology to better serve our customers.

Shippers’ Council slams successive governments for policy failures

The Sri Lanka Shippers’ Council strongly criticised successive governments for their inconsistent....

IMF to review SL’s economic progress next week

A delegation from the International Monetary Fund (IMF) is scheduled to visit Sri Lanka next week to assess the country’s economic progress.

President tells MSMEs direct meeting with IMF to share grievances could be facilitated

As Sri Lanka’s Small and Medium Enterprise sector grapples with significant challenges....

Coconut remains an important crop in Sri Lanka

Coconut remains an important crop in Sri Lanka but its dominance in the agricultural....

June credit card spend up by about half a billion: Data

The credit card spenders swiped their cards more often than a month ago to keep the outstanding balance...

First Capital bets Central Bank to hold rates this week

The analysts at First Capital Research expect the Central Bank to stay pat at the coming policy meeting....

Microsoft says gobal IT outage significantly affected its ecosystem

Microsoft yesterday shared that several steps are rolled out so that its customers across the world are cushioned...