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.

ESOFT partners with Royal College hockey for 2024/25 season

ESOFT Metro Campus announced its partnership with Royal College to sponsor the school’s Hockey Team for the 2024/25 season.

CA Sri Lanka UAE Chapter makes donation to support children battling cancer

The UAE Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently organised its Annual Get Together & Members’ Night—CA Gala 2024—at the Millennium Plaza Downtown Hotel in Dubai.

Sampath Bank’s ‘Wewata Jeewayak’ breathes new life into Puttalam

Sampath Bank set forth on a mission to support the nation’s farming community through the ‘Wewata Jeewayak’ Programme.

Siyapatha Finance kicks off Sri Pada Cleaning Project

Revered as one of the most renowned pilgrimage sites in Sri Lanka for millennia, Sri Pada, Adam’s Peak or ‘Samanala Kanda’ is an ancient, sacred ground enclosing a sacred footprint which is believed to be Lord Buddha’s, Lord Shiva’s or Adam’s.

Sri Lanka’s first AI-generated Vesak Bakthi Gee compilation launched

NDB Bank has made history with the successful completion of Sri Lanka’s first AI-generated, crowd-sourced Vesak Bakthi Gee compilation.

NDB Bank sponsors Trinity Rugby for third time

NDB Bank announced its partnership as the Official Team Sponsor for Trinity Rugby Season 2024 recently. NDB’s CEO Kelum Edirisinghe said, “Our youth are the future of our nation. By supporting Trinity Rugby, we are investing in the development of young sportsmen who embody the values of discipline, teamwork, and perseverance.”

Seylan’s Tikiri Vesak lantern competition sparks creativity among children

Seylan Bank recently hosted the Tikiri Vesak lantern competition to harness the creativity and potential of young minds.

Nestlé Lanka conducts All-Island Schools Art Competition

Nestlé Lanka’s All-Island Schools Art Competition named ‘Preserving Mother Earth through the Expression of Art; concluded last week, awarding the winners of the Junior and Senior categories.

NDB Bank launches digital pandol created by staff members

NDB Bank unveiled a groundbreaking digital initiative, the digital pandol, conceptualised and crafted entirely by its staff members. Released during Vesak, this innovative project embodied the bank’s commitment to creativity, collaboration, and cultural celebration.

Allianz Lanka rolls out ‘Restart the Heart’ to save lives on the road

Allianz Lanka has launched its ‘Restart the Heart’ campaign to promote awareness about emergency care techniques, such as CPR.

Link Natural Wellness Week becomes stepping stone to holistic wellness journey

In celebration of Global Wellness Day on June 8, Link Natural launched ‘Link Natural Wellness Week’ from June 8 to 15.

Sarvodaya Development Finance rewards top performers with Bangkok tour

Sarvodaya Development Finance PLC recently conducted its overseas tour competition, an internal initiative aimed at inspiring, recognising, and rewarding exceptional performancesamongst its staff.

Lankem Agro launches nationwide tree planting campaign

Lankem Agro announced a transformative initiative to celebrate World Environment Day on June 5th, followed by a tree-planting programme.