Dentsu excels as Most Effective Agency Network in Sri Lanka

Dentsu has achieved a hat trick, securing the #1 spot in the EFFIE Global Agency Networks ranking as the Most....

Vision Care Hearing Solutions brings sensor-driven brain hearing technology to SL

Vision Care Hearing Solutions recently introduced the Oticon ‘Intent’ hearing aid to the Sri Lankan.....

National Convention on Quality and Productivity concludes on a high note

The National Convention on Quality and Productivity (NCQP) 2024, organised by the Sri Lanka....

Placing Sri Lanka on the global map through sustainable, premium brands

As Sri Lanka continues to emerge as a tourism destination, it is imperative that we leverage our unique offerings....

PB launches ‘People’s Spark’ to mark World MSME Day

People’s Bank celebrated World Micro, Small, and Medium-sized Enterprises Day by launching the People’s Spark....

Construction sector continues to expand due to new projects

Outlook in the next three months remains positive as many expect an increase in the availability of new and bigger projects

Sri Lanka crosses 1 million tourist arrival mark

Sri Lanka tourism reached a key milestone on Saturday, welcoming its one millionth tourist for 2024.

No immediate impact on nominal debt stock via restructuring: Finance Min.

Since official creditors provide debt relief through maturity extensions and interest rate reductions, there is no immediate impact on the nominal debt stock through restructuring, the Ministry of Finance said.

May trade deficit contracts 12.1% YoY

Sri Lanka’s trade deficit narrowed in May as the merchandise exports remained resilient from a year ago levels...

Pottery Peril

Sri Lanka’s pottery industry is in crisis as demand for clay-based utensils continues to decline. Craftsmen told....

People’s Bank marks 63 years in Sri Lanka today

People’s Bank, a trailblazer in Sri Lanka’s banking and financial services sector, marks its 63rd year in operation...

Fuelling Olympic dream: MAS Athlete Training Academy to be launched in July

Apparel-tech conglomerate, MAS Holdings, has received Cabinet approval to establish Sri Lanka’s first and largest....

Kapruka collaborates with Seylan Bank to enable payment acceptance via bank accounts

Seylan Bank collaborates with Kapruka.com, one of Sri Lanka’s largest e-commerce platforms. The collaboration....

Pan Asia Bank unveils state-of-the-art Digital Zone in Gampaha

Pan Asia Bank opened its cutting-edge Digital Zone at the Gampaha branch, located at No 15, Rest House...

ComBank bags triple honours at IDB’s Green Industry Awards 2024

The Commercial Bank of Ceylon won triple honours including two Golds at the Green Industry Awards 2024...

People’s Bank and IIHS partner to support nursing excellence

People’s Bank and the International Institute of Health Sciences (IIHS) have formalised a strategic partnership....

Hemas Holdings strengthens board to drive growth

Hemas Holdings PLC announced the appointment of Ajith Fernando and Supun Weerasinghe as Independent....

CCC launches 21st edition of Best Corporate Citizen Sustainability Awards

The Ceylon Chamber of Commerce announced the launch of ‘Best Corporate Citizen Sustainability Award 2024....

Fresh support for smallholder dairy farmers with DFCC Bank’s Rs.500mn fund

Marking a milestone initiative to strengthen Sri Lanka’s dairy industry, DFCC Bank announced the allocation of Rs. 500 million....

Fuel prices reduced from tonight

The Ceylon Petroleum Corporation (CPC) has reduced its fuel prices with effect from tonight.

Colombo inflation gains pace in June to 1.7%

Inflation in the Colombo district accelerated in June as widely expected, mainly due to the higher food prices, but the prices still remain largely below Central Bank’s medium term target of 5 percent.

Maersk announces booking window change for Asia Pacific trades 

Maersk, one of the world’s largest shipping companies, yesterday announced a change to its booking window for Asia-Pacific (APA) trades.

Ex-Estate teas get auctioned in outcry manner

The tea industry reminisced on past tea auctioning, with Ex-Estate category been auctioned in an outcry manner this week.

SL’s first ever electric vehicle expo launched

Sri Lanka’s first-ever Electric Vehicle Expo 2024 was launched yesterday

Duminda Hulangamuwa relected as CCC Chairman

The Ceylon Chamber of Commerce announced the re-election of its Board for the Year 2024/25 at the Chamber’s 185th Annual General Meeting on June 27.

Softlogic Life buys back Rs.6 bn worth shares

Softlogic Life, the second-largest life insurer in the Sri Lankan market, announced this week a Rs. 6 billion share buyback, pending shareholder approvals.

Week ends in red

The ASPI closed in red as a result of price losses in counters such as Ceylinco Insurance, Melstacorp and Commercial Bank with the turnover crossing Rs. 2.2 bn.

Yield curve on the uptrend amidst selling pressure

The secondary market yield curve edged up after yesterday’s session as selling pressure continued to dominate the market. Foreign selling has been perceptible during the day as uncertainty mounts amidst the absence of clear direction following the surge in auction yields.

PB donates new security posts to Jaya Sri Maha Bodhi

People’s Bank, under its ‘Mahajana Mehewara’ CSR programme recently donated two security posts built to enhance the safety of devotees visiting Anuradhapura’s Sacred Jaya Sri Maha Bodhi premises. The bank also donated three scanners which will be housed within the security points.

NDB Toastmasters Club shines at Ovation 2024

NDB Toastmasters Club emerged as a standout performer at Ovation 2024, held from May 10th to 12th at Wave N’ Lake, Welisara.