Forbes Marshall Lanka conducts seminar on KPI Sustenance

Forbes Marshall Lanka Pvt Ltd recently conducted a seminar on ‘Partnering KPI Sustenance’ with an insightful....

Citi presents Distinguished Alumni Award

Citi hosted a successful networking event for over 60 alumni, reinforcing connections within the Citi....

Women in Tech hosts ‘Rocket Your Career in STEM’ workshop

Women in Tech Sri Lanka hosted an interactive event, “Rocket Your Career in STEM,” earlier this Month. The workshop...

CEAT Kelani wins double honours at National Business Excellence Awards

CEAT Kelani Holdings won double honours at the National Business Excellence Awards 2024 presented....

AI to boost global banking profits by US $ 170 bn in 5 years

Artificial Intellingence (AI) is set to drive global banking sector profits up by US $ 170 billion by 2028, a new report by Citi Group has found.

Political rhetoric on IMF programme to ease post-election: Ruchir Desai

Given the current economic realities, a top fund manager speculated that any political rhetoric on the IMF programme during the election campaign trail in Sri Lanka is likely....

Optimism grows for SL’s bankruptcy exit

The government expressed optimism about the country’s potential to shed its ‘bankrupt nation’ label in the coming weeks as a series of upcoming events are expected...

Sri Lanka’s consumer confidence remained largely unchanged in May

Sri Lanka’s consumer confidence remained largely unchanged in May. It stands slightly below the peak levels in March, but with a sizeable uptick towards late....

ComBank biggest lender to Sri Lanka’s SMEs for 4th consecutive year

The Commercial Bank of Ceylon was the biggest lender to Sri Lanka’s small and medium enterprises (SME) sector by a huge margin in 2023....

CB appoints A. M. M Thassim and J. P. R. Karunaratne as Deputy Governors

The Central Bank yesterday announced the appointment of two of its Assistant Governors as Deputy Governors. Assistant Governor and Secretary...

Imputed rent tax will not be imposed on those who cannot afford: Siyambalapitiya

The proposed imputed rent tax that will come into effect after 1Q25 will not apply to the primary assets of the wealthiest 10 percent but for a small....

Moo-ving forward

Ambewela Farm, located in Nuwara Eliya is one of the largest and most modern dairy farms in Sri Lanka, known for its state-of-the-art facilities and practices....

HNB concludes Asian Banker’s Association conference in Sri Lanka

Sri Lanka’s leading private sector bank HNB PLC successfully concluded hosting an exclusive Asian Banker’s Association (ABA) Short-Term Visit and conference....

P&S Pasyala launches 125kW rooftop solar PV system

Perera & Sons Bakers Private Limited (P&S), Sri Lanka’s largest quick service restaurant chain, has taken a significant step towards clean energy....

HNB Finance-Asian Int’l Academy partner for employee development

HNB Finance PLC recently entered into a significant collaboration with the Asian International Academy (AIA), a renowned institution....

People’s Leasing & Finance honours top marketers at CEO Club Event

People’s Leasing & Finance PLC hosted its inaugural ‘CEO Club’ event at the iconic Taj Samudra Hotel in Colombo, recently. The occasion....

DIMO concludes Mercedes-Benz Flying Doctor Service Clinic

As Sri Lanka enforces vehicle import restrictions, the chance to upgrade to new cars is limited. Mercedes-Benz AG Global Technical Expert....

Lion Brewery reports Rs.80bn tax contribution

In its latest annual report, Lion Brewery (Ceylon) PLC highlights an impressive tax contribution of Rs.80.8 billion for the year, bringing the cumulative total over the past six...

SLT-Mobitel introduces unlimited voice calling package for fixed lines

Reinforcing leadership in fixed line voice services, SLT-Mobitel has unveiled an unlimited voice calling package tailored specially for families and....

CFA Society Sri Lanka celebrates capital market excellence

The annual CFA Society Sri Lanka Capital Market Awards recognising and rewarding excellence in the local capital markets was held recently, at Cinnamon...

SL needs stable tourist and investor-friendly policies to attract big names: Stakeholder

Hotels across the island have performed extremely well to date this year with increasing tourist arrivals and March profits for instance have almost....

CMA SL UN MSME Day Development Summit on June 27

The CMA Sri Lanka SME Development Committee will be celebrating the UN MSME Day that falls on June 27 by conducting CMA Sri Lanka UN MSME Development Summit 2024....

FCCISL President to speak at MCCI MSME Int’l Conference

The Merchants’ Chamber of Commerce and Industry (MCCI), in collaboration with the MSME Ministry, Government of India, has extended an invitation....

DigiEcon 2024 Investment Summit promises remarkable speaker line-up

The DigiEcon 2024 Investment Summit, Sri Lanka’s premier technology and investment event organised by the Technology Ministry and powered by Mastercard....

Vallibel Finance ends FY 23/24 with strong financial performance

Vallibel Finance recorded a strong performance for the year 2023/2024, with the company recording a pre-tax profit of Rs.4.6 billion (68.1 percent increase year-on-year....

Advania Sri Lanka celebrates 15th anniversary: Leading with heart in tech world

Advania Sri Lanka marks a significant milestone, celebrating 15 years of exceptional IT service delivery. As a distinguished member of the global Advania network....

BIA ’Gold Route’ expected to exceed 2,500 passengers by end 2024: AASL

While achieving a significant growth and revenue milestones by providing a premium airport experience for passengers travelling through the Bandaranaike International Airport (BIA), the Airport and Aviation Services (Sri Lanka) (Pvt) Limited (AASL) said the total number of passengers using the ’Gold Route’ fast track service is expected to exceed 2,500 by the end of 2024.

SOP spurs SL’S domestic automotive sector growth

The introduction of Standard Operating Procedures (SOP) has sparked significant boom in Sri Lanka’s automotive component manu

Accountable governance and international support vital to manage debt crisis: Semasinghe

Transparent and accountable governance, along with international support and cooperation are vital for effective debt management in times of crises, State Minister of Finance Shehan Semasinghe said. Addressing the 14th Debt Management Facility (DMF) Stakeholders’ Forum held in Zambia this week, the State Minister highlight

ComBank donates 300th IT lab to Minuwangoda Nalanda

Commercial Bank of Ceylon’s nationally-significant campaign to boost digital literacy in Sri Lanka has reached an impactful milestone with the completion of the 300th IT lab donation by the bank. Commercial Bank Chairma