NDB Bank Re-Energizer loan to empower SMEs and MSMEs

NDB Bank has launched its new SME Re-Energizer loan in collaboration with the Sri Lankan....

Diana Chocolates introduces newest creation Chocolit White

Diana Chocolates (Pvt.) Ltd delighted milk chocolate fans with the recent launch of its newest creation....

CICRA Campus partners with BDO Sri Lanka

CICRA Campus has made an impactful stride in enhancing the educational opportunities for its students....

Abans offers new LG Smart Inverter Refrigerator series

Abans PLC, the exclusive distributor of LG refrigerators in Sri Lanka, presents the LG Smart Inverter Refrigerator....

Anton relaunches Griffin Deco Board

Anton announced the relaunch of Griffin Deco Boards, its popular range of eco-friendly finishing products....

People’s Bank recognises Entrepreneurship Village Competition winners

People’s Bank Entrepreneurship Village Competition 2023 winners were recognised and rewarded....

15th Intex Sri Lanka expo in August

This year, Intex Sri Lanka, the premier international textile sourcing platform in South Asia, will be held from....

ACL Cables supports Power Pack Members obtain NVQ4

The novel national programme series to ensure the electricians who are ACL Power Pack Members.....

Amana Bank shareholders welcome share consolidation

Amana Bank recently announced the approval of its share consolidation initiative as per the communique....

NDB wins Technology Resilient Company of the Year Award

NDB has been honoured as Technology Resilient Company of the Year 2024 under the banking,..

People’s Bank launches credit card promotion at KCC

People’s Bank launched a unique credit card promotion on the Kandy City Centre (KCC) premises from July....

Oki Doki achieves ISO 14064-1:2018 for carbon-conscious practices

In a groundbreaking achievement, Oki Doki, a leading transport service provider, announced its attainment....

Pan Asia Bank opens Digital Zone in Jaffna

Pan Asia Bank announced the opening of its cutting-edge Digital Zone at the Jaffna branch, No. 570 Hospital....

Trash to Treasure’s charcoal briquettes to contribute to greener SL

A platform that has gained its spotlight is the Green Innovation Challenge by HackaDev, an overarching....

Scanwell Logistics to expand footprint in SL, Bangladesh, India, UAE

Scanwell Logistics is gearing up for a transformative year of growth and development of their operations...

Thailand allows visa-free entry for Sri Lankans from tomorrow

Thailand will allow visa-free entry for travellers from 93 countries and territories, including Sri Lanka from tomorrow (July 15).

Over 5,000 containers stuck due to Customs strike to be released this weekend

An urgent plan has been prepared to clear over 5,000 containers stuck due to the Customs strike and will be released by this weekend, Finance State Minister Ranjith Siambalapitiya said.

Decision on vehicle imports in second week of August

The final decision on lifting the ban on vehicle imports will be made by the second week of August, Finance State Minister Ranjith Siambalapitiya said.

Export Development Board launches matchmaking programme for women-led businesses

The Export Development Board (EDB), in collaboration with an international donor agency, has kicked off plans to implement a business matchmaking programme to help women-led businesses enter the UK market.

IMF reiterates need for Sri Lanka to have an equitable tax system

As the public sector demands for higher pay, for which the government pointed out the need to improve the tax revenues, the International Monetary Fund (IMF) asserted the importance of Sri Lanka having an equitable tax system.

SL eyes export boost in cinnamon

As Sri Lanka strives towards economic recovery by reducing its reliance on imports, President Ranil Wickremesinghe called for seizing new export market opportunities, particularly in the cinnamon sector.

Assessment of agreed terms of debt restructuring still underway

Sri Lanka is optimistic about the long debt restructuring process closing by July. However, the International Monetary Fund (IMF) said it is still assessing the terms agreed with the relevant parties.

New container volume high provokes major concerns over peak season

Global demand for ocean freight container shipping has hit a record level, surpassing peak-Covid demand but leaving shippers with a big question about the traditional peak season. Recent data from Xeneta and Container Trade Statistics revealed that the 15.94 million TEU transported via ocean in May overtook the previous record of 15.72 million TEUs reached in May 2021, at the height of the pandemic. Xeneta’s senior shipping analyst Emily Stau

UNESCO Director-General to visit Sri Lanka next week

United Nations Educational, Scientific and Cultural Organisation (UNESCO) Director-General Audrey Azoulay will visit Sri Lanka from July 16-19, 2024, at the invitation of the government of Sri Lanka, the Foreign Affairs Ministry releasing a statement to the media yesterday said. Azoulay, who is currently on her second mandate as Director-General of UNESCO, has launched numerous projects on the protection of cultural heritage, notably the ‘Revive

Power sector to receive fresh support with ADB’s US $ 100mn policy-based loan

Sri Lanka’s power sector will receive fresh support from the Asian Development Bank (ADB), to facilitate reforms, as it approved this week a US $ 100 million policy-based loan. The Power Sector Reforms and Financial Sustainability Programme will complement the International Monetary Fund’s Extended Fund Facility arrangement and bolster the operational efficiency and competitiveness of the country’s power sector. The programme will help create a

Exporters urge for stability to safeguard trade

The recent actions taken by the Sri Lanka Customs Officers’ Union, including a two-day sick leave campaign and work-to-rule initiatives, have had profound implications across Sri Lanka’s business community, particularly affecting the exporters and importers, the National Chamber of Exporters (NCE) said. The actions were initiated due to the perceived grievances and unmet demands from the Customs Officers’ Union, on various issues. NCE President

Atlas unveils new pastel series to inspire creativity and imagination

Atlas, the stationery brand of Atlas Axillia under Hemas Holdings PLC, launched its new pastel series under its sub-brand ‘Atlas Colour Sparx’. These pastels are designed to fuel children’s imagination and creativity, offering a unique and interactive artistic experience. The latest collection was unveiled at a special event at Havelock City Mall, where children, parents, representatives from Atlas Axillia, and other distinguished guests partici

Ceylon Curry Club makes impression at Ambani pre-wedding celebration

Ceylon Curry Club was honoured to be invited for a second time to India’s biggest pre-wedding celebration, ahead of the nuptials of Anant Ambani and Radhika Merchant. The restaurant’s exotic culinary creations were featured at the main ‘Sangeet Ceremony’ dinner. Amongst the dishes on offer were its famed Sri Lankan hoppers, street food favourites like lamb kottu, and a live string hopper station, along with signature dishes such as Crab Cobble

Citi celebrates Global Community Day

Citi Sri Lanka recently celebrated its 19th annual Global Community Day with over 50 Citi volunteers coming together to help create a memorable experience for 60 children residing at the Sri Jinananda Children’s Home situated at Wellawatte. This effort is aligned with one of Citi’s focus areas – supporting youth. The day’s activities for children included engaging in various entertainment activities, accompanied by Citi volunteers who shared valu

YCAF launches CSR project to support Indira Cancer Trust patients

The Young Chartered Accountants Forum (YCAF) launched a Corporate Social Responsibility (CSR) project recently dedicated to bringing joy and a sense of normalcy to cancer patients at the Indira Cancer Trust. The team rallied to raise money to provide medical support for pediatric cancer patients. These combined efforts resulted in raising Rs. 4 million for the kids. Rs. 1 million was donated by the CA Sri Lanka UAE Chapter. CA Sri Lanka Kuwait an