Subdued sentiment ahead of monetary policy review

The secondary market witnessed thin volumes and limited activity during the day, pivoting from the active market session witnessed....

IMF Deputy Chief urges greater transparency in government reforms

The International Monetary Fund (IMF) continues to stress that greater transparency is an essential element of government,,,,

PLC aiming to expand Shariah-compliant finance across SL

As the first full-service non-banking Islamic finance provider in Sri Lanka, People’s Leasing & Finance PLC’s (PLC) Al-Safa....

SLASSCOM takes lead in combating WhatsApp scams

As the digital landscape evolves and cybercriminals adapt their tactics to exploit individuals and businesses, WhatsApp has become....

Azend Technologies CEO appointed to GSA Council

Rajive Silva, CEO and Board Director of Azend Technologies, has been appointed to the Council of the Global Sourcing....

Wire Group secures major deal with leading private investment fund

Wire Communication Consultancy Holdings (Wire Group) has received investment from a leading private investment....

Baurs appoints Nishantha Weerasinghe as Deputy MD

A. Baur & Co. (Pvt) Ltd recently announced the appointment of Nishantha Weerasinghe as its Deputy Managing....

SUSTAINING STABILITY

This article is based on a panel discussion hosted by the Central Bank of Sri Lanka (CBSL) which stressed on the importance.....

Labour Minister approves wage increase

As per a gazette notification issued last week by Ministry of Labour and Foreign Employment Secretary R. P. A. Wimalaweera, the Minister has approved the wage increase for plantation sector workers.

Tea smallholders express grave concerns over unprecedented wage hike

Alarmed by the government’s move to increase the minimum daily wage without additional revenue streams and with no industry consultation, Sri Lanka’s tea smallholders....

From street to canvas

A road cleaner stops her cart along Greenpath to appreciate ten vibrant displays of local...

Central Bank continues to remain net purchaser of dollars

The Central Bank has continued to purchase dollars from the banking sector as the dollar supply outstrips the demand for the greenback in recent times exerting upward pressure...

DFCC introduces Freelancer World Mastercard credit card

In an attempt to address the unique financial needs of freelancers, DFCC Bank introduced the DFCC Freelancer World Mastercard credit card. DFCC Freelancer is a financial...

Hemas ends FY24 with record earnings

Consumer goods company Hemas Holdings PLC saw its earnings for the quarter ended 31 March (4Q24) expand 48.8 percent Year-on-Year (YoY) reaching Rs. 1.57 billion, despite a decline....

Policy rates likely to remain unchanged: FCR

The Central Bank of Sri Lanka (CBSL) in its third monetary policy review that will be announced tomorrow is likely to maintain rates at current levels. According to First Capital Research...

Sanasa Life unveils Promise of a Mother’s Love child insurance policy

Sanasa Life Insurance, a company dedicated to families, celebrated the Mother’s Day with a special product launch recently. The product titled ‘Promise of a Mother’s Love’ reflects the importance....

AIA Insurance opens Bandarawela Regional Development Office

AIA Insurance announced the inauguration of its newest Regional Development Office (RDO) in the heart of the Bandarawela city, located at No. 451, Badulla Road. This milestone...

David Pieris Renewable Energy’s head office opened in Pelawatte

A significant milestone was achieved in Sri Lanka’s sustainable energy landscape and the David Pieris group with the inauguration of the new head office of David Pieris Renewable Energy...

NDB Bank launches exclusive affinity credit card for SSC members

NDB Bank announced its strategic partnership with the Singhalese Sports Club (SSC) to introduce the exclusive NDB-SSC Affinity credit card. The formal signing...

U.S. Embassy Colombo promotes port sustainability at IPBF Satellite Event

In conjunction with the Sixth Indo-Pacific Business Forum held in Manila, the Philippines recently, the U.S. Embassy in Colombo, hosted the IPBF Satellite Event under the theme ‘Driving Sustainable...

Prof. Alwis encourages AIA Higher Education Scholarship winners to reach for excellence

The AIA Insurance’s Higher Education Scholarships Programme celebrated its 29th consecutive year of recognising the top performers from each district at the grade five scholarship...

Boutique Agency Network’s AI Ecosystem to set new advertising standards

Boutique Agency Network, a leader in data-driven advertising, launched the Boutique Marketing AI Ecosystem as a consolidated data and tech centre of excellence. The cutting-edge....

808 Regency apartments handed over to residents on time

Monarch Regency Ltd, the renowned real estate development arm of Monarch Imperial Ltd, recently announced the successful completion and handover of 808 Regency apartments in a glamorous...

Abans offers original JBL products

Genuine JBL products are available at Abans Elite and Abans showrooms islandwide, with easy payment plans and a comprehensive one-year warranty. Check...

Neptune Recyclers receives global recognition for sustainable waste management

In the era of heightened environmental awareness, Neptune Recyclers emerges as an industry leader with an impressive 99.25 percent waste diversion rate. This achievement...

Tourist arrivals to cross 100,000 mark in May

Tourist arrivals to Sri Lanka are likely to surpass the 100,000 mark, while falling behind the target of 120,934 -131,112 arrivals in May.

SLT-Mobitel unveils super-fast Aviator Prime HD plans

SLT-Mobitel’s all-new Aviator Prime embraces the freedom of uninterrupted entertainment offering HD quality streaming anytime and for anything. Understanding the evolving....

April tea production down 15% YoY

Sri Lanka tea production for the month of April 2024 contracted by 15 percent year-on-year (YoY), totalling 21.46 million kilogrammes.

Colombo Tea Auction this week sees higher offering but lower demand

Sale No. 20 that concluded this week had on offer a relatively large volume of tea, comprising 6.4 million kilogrammes.

Bank of Ceylon to divest subsidiary BOC Travels

Bank of Ceylon (BOC) this week announced its decision to divest its shares in BOC Travels Private Limited.