LOLC Finance expands to Dankotuwa and Wattegama

LOLC Finance PLC announced the opening of two new branches in Dankotuwa and Wattegama.

CA Sri Lanka unveils Legacy Lane history wall

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) marked its 65th anniversary with the unveiling of a history wall, aptly named ‘Legacy Lane’, as a tribute to its illustrious journey since its establishment in 1959.

200 youth complete Japan’s SSW – Nursing Care training

Two-hundred youth from across Sri Lanka have successfully completed the Specified Skilled Worker (SSW) – Nursing Care training programme, marking a significant step towards better job opportunities both locally and abroad.

NDB’s Santa promotion nears its end

NDB Bank’s much-loved tradition of bringing Santa to your doorstep is drawing to a close.

JAT concludes Pintharu Abhiman Workshops 2nd phase

JAT Holdings PLC, in collaboration with the National Apprentice and Industrial Training Authority (NAITA) and MBC network, has successfully expanded its pioneering JAT Pintharu Abhiman programme to empower woodcraftsmen across Sri Lanka.

Lanka Hospitals launches affordable cardiac care initiative

Lanka Hospitals has announced a groundbreaking initiative to provide affordable cardiac care to government servants, retired government servants and Agrahara Insurance members.

SEC renews partnership with Jaffna University

The Securities and Exchange Commission of Sri Lanka (SEC) renewed its memorandum of understanding (MoU) with the University of Jaffna, strengthening its commitment to developing the next generation of capital market professionals.

Shan Meemanage wins Asia Award for shellfish farming

Tropical Shellfish (Pvt.) Ltd, established in 2015 by Shan Meemanage, a distinguished leader in Sri Lanka’s seafood export industry, has been named the winner of the Most Innovative Shellfish Farming and Export Company of the Year, Asia Award 2024, by Business World International Organisation.

Sanjeewanie Ayurveda opens Luxyana Wellness at Crescat

Sanjeewanie Ayurveda, a trusted name in traditional healing with a 200-year legacy, recently unveiled its latest venture Luxyana Wellness, located at L17, Crescat Boulevard, Colombo.

People’s Bank launches export empowerment workshop series

People’s Bank has reinforced its commitment to national economic development by successfully executing a comprehensive series of training sessions toward the development of export sector in strategic partnership with the Export Development Board (EDB).

SBS opens Battaramulla Hikvision Experience Centre

SBS.com Office Solutions Private Limited has opened its new Experience Centre in Battaramulla.

CCC offers more world-class experiences this festive season

Sri Lanka’s first international standard shopping mall brought by Abans Group – Colombo City Centre (CCC) – is gearing up with unique new concepts for the festive season,

SL exits ’Restricted Default’ rating

Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ’CCC+’, from ’RD’ (Restricted Default).

IMF to assess Sri Lanka’s tax revisions in upcoming staff report

The International Monetary Fund (IMF) Executive Board is expected to convene in the coming months to review the staff-level agreement on the third review, under the Extended Fund Facility (EFF) arrangement between Sri Lanka and the IMF.

FTZMA commends govt.’s proposal to extend SVAT beyond April 2025

The Free Trade Zone Manufacturers Association (FTZMA) recently expressed its full support for the government’s proposal to extend the current Simplified Value Added Tax (SVAT) scheme beyond April 2025.

BOI, St. Joseph’s hospitals ink US $ 3.2mn investment deal

The Board of Investment of Sri Lanka (BOI) this week signed an investment agreement worth US $ 3.2 million with St. Joseph’s Children’s Care and Adult hospitals.

ComBank tops banking sector in LMD’s first Corporate Happiness Index

Commercial Bank of Ceylon has been ranked No 1 among Sri Lankan banks in the inaugural Corporate Happiness Index just released by the LMD magazine. The bank has also been ranked one of Sri Lanka’s Happiest Second Homes, taking the fifth place overall in the ranking, following the high positions it achieved in the 16 attributes that made up the survey conducted by PepperCube Consultants for this pioneering initiative.

EDB wraps up study tour in Thailand exploring automotive supplies for Sri Lanka

The Export Development Board (EDB) recently wrapped up a study tour in Thailand for Sri Lankan exporters and manufacturers in the automotive sector, to explore potential supplies and business opportunities for the local industry.

Fair demand seen at tea auction this week

The penultimate sale of the year, concluded this week, had on offer a total of 5.8 million kilogrammes (M/Kgs), down from 6.1 M/Kgs on offer the previous week.

Turnover crosses LKR 9.2 BN

The ASPI closed in green as a result of price gains in counters such as Central Finance Company, Ceylon Cold Stores and Melstacorp with the turnover crossing Rs. 9.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in The Colombo Fort Land & Building, SMB Leasing and Housing Development Finance Corporation. Mixed interest was observed in Sierra Cables, Hatton National Bank an

Dull sentiment arises ahead of holiday season

The secondary market yield curve remained broadly unchanged ahead of the holiday season, with the secondary market witnessing limited activity and ultra-thin volumes.

Shangri-La Colombo unveils ‘Hazelnut & Passion Yule Log Train’ culinary treasure

This festive season, Shangri-La Colombo unveils an exclusive culinary treasure - the Hazelnut & Passion Yule Log Train. Inspired by Sri Lanka’s iconic train journeys, this limited-edition creation redefines indulgence, offering a rare and luxurious treat for the most discerning connoisseurs.

Ayr Castle 1922 - newest addition to exquisite boutique collection

Nestled in the picturesque landscapes of Padukka, Ayr Castle 1922 is the newest addition to the exquisite boutique collection, Reveal the Collection. Here, guests are invited to escape the hustle and bustle of city life and experience a sanctuary where history and luxury beautifully intertwine. The opening ceremony of Ayr Castle was a heartfelt celebration of its rich history, as the 1922 story was brought back to life by the Reveal The Collectio

NDB Bank spreads holiday cheer with staff Christmas Carols

NDB Bank recently hosted its much-anticipated annual Christmas Carols Celebration for staff and their families, bringing the festive spirit alive on 13 December,

Spreading holiday cheer with Body Shop’s new festive collection

It’s the holiday season, and Body Shop got a whole lot of things to plan! Seasonal scents, holiday hair, festive skin and body care, and of course the personalized gifting.

People’s Bank holds 46th Annual Christmas Carols

The Christian Guild of the People’s Bank recently held its 46th Annual Christmas Carols at the People’s Bank Head Quarters Branch, Colombo 02. The staff representing branches located in Colombo, Puttalam, Kalutara and Jaffna & Wanni regions sang the carols.

Thyaga launches “Dading, Biding, Gifting” campaign

Gifting platform Thyaga has launched the “Dading, Biding, Gifting” campaign, just in time for the festive season. The initiative aims to address the challenge of finding the perfect gift by providing flexibility and personalization through Thyaga Gift Vouchers.

Cool Planet lights up holidays with seasonal collections

Cool Planet is making the festive season brighter than ever this December with “Light Up the Moment.” This festive theme brings joy to holiday shopping with exclusive collections, exciting activities, and unmatched promotions, offering something special for every member of the family. Adding to the holiday spirit, all Cool Planet outlets are adorned with vibrant Christmas décor, creating a magical atmosphere for shoppers.

Union Bank rings in the season with Christmas Carols

Ushering in the festive season Union Bank held its annual Christmas Carols

“Anthem of the Seas” cruise experience part of HNB’s exclusive seasonal offers

HNB PLC recently announced the launch of an extensive range of special offers for cardholders, including discounts of up to 70 percent off and a host of unique benefits from a wide selection of over 300 popular merchants island wide this festive season.