Chamil Wickremasinghe appointed SLIM CEO

The Sri Lanka Institute of Marketing (SLIM) announced the appointment of Chamil Wickremasinghe as its new Chief Executive Officer, effective 01st January 2025.

Classic Destinations appoints Chalaka Gajabahu as Head of Destinations

Classic Destinations, the inbound travel arm of Expolanka Holdings, announced the appointment of Chalaka Gajabahu as its new Head of Destinations.

People’s Bank Aranayaka branch relocates

People’s Bank Aranayaka branch moved to a new location recently.

DIMO wins two top awards at ‘Weichai Lovol Global Partners Conference’

As the authorized distributor for Lovol Harvesters in Sri Lanka, DIMO received two accolades at the 2025 Weichai Lovol Global Partners Conference, held at the Lovol Center in China recently.

Browns Hotels wins Gold accolade at Green Apple Environment Awards

Browns Hotels & Resorts (BHR) was recently awarded the International Gold Winner title in the Hospitality & Travel: Conservation & Wildlife category at the Green Apple Environment Awards 2024, held at Kensington Palace, London.

Centrum Marine Consultancy wins award for empowering women in maritime sector

Centrum Marine Consultancy (Pvt) Ltd has been awarded the ‘Empowering Diversified Maritime Education’ accolade at the 5th annual Maritime SheEO Conference.

Courtyard by Marriott Colombo awarded Best Four-Star City Hotel

The Courtyard by Marriott Colombo, owned by the Abans Group has been awarded ‘The Best Four-Star Hotel in the City’ at the Sri Lanka Tourism Awards 2024 held recently.

HNB Cards joins initiative to support hearing for children

HNB Plc has unveiled an innovative ‘Santa Brigade’ campaign in partnership with Visa, designed to create a transformative social impact during the holiday season.

Boost Hotels shines at National Tourism Awards

Boost Hotels Pvt Ltd, a Sri Lankan company with over a decade of expertise in delivering world-class hospitality solutions, has been named the Best Enterprise Management System for hospitality industry at the prestigious Sri Lanka Tourism Awards 2024.

Intrepid wins big at Sri Lanka Tourism Awards 2024

Intrepid Travel, the world’s largest adventure travel company, has been awarded at the Sri Lanka Tourism Awards 2024, with the Best Destination Loyal Partner, Under Travel & Tourism Operator category and being shortlisted as a finalist in Best Sustainable Practices in Specified Tourist Services.

Singhagiri launches Candy home appliances in Sri Lanka

Singhagiri Pvt Ltd launched its partnership with Candy, a European home appliance brand with Italian roots on 19 December at the Cinnamon Grand.

Business community welcomes New Year with positive sentiments

Sri Lanka’s private sector enters year 2025 with optimism as the island nation has somewhat managed to emerge from years of economic turbulence, supported by signs of recovery and a more stable environment.

Tourism Alliance calls for bold reforms as country surpasses 2 mn tourist arrival milestone

As Sri Lanka crossed two million milestone in tourist arrivals in 2024 for the second time in its history, the Sri Lanka Tourism Alliance cautioned the government and industry stakeholders against complacency, emphasising the need for urgent reforms and strategies to ensure sustainable growth in the tourism sector.

Sri Lanka welcomes over 233,000 tourists in 29 days of December 

Sri Lanka welcomed 233,087 tourists as of 29 December, bringing the cumulative tourist arrivals for the year to 2.04 million.

CBSL to address inflation target shortfall in parliament 

The Central Bank of Sri Lanka is expected to table a report in parliament, addressing the significant deviation of headline inflation from the target outlined in the budget policy framework, the government said yesterday. Cabinet approval was granted this week for the proposal presented by President Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning, and Economic Development, to submit the report to parliament. The move

Emirates to launch additional Colombo-Dubai flight from tomorrow 

Emirates, the world’s largest international airline, is set to operate an additional scheduled service between Colombo and Dubai, starting from 2 January 2025.

Matheesha to bowl for ComBank

Young cricket star Matheesha Pathirana has been appointed Brand Ambassador for Commercial Bank. Matheesha will specifically represent the ComBank Debit Card brand, the biggest debit card base in the country, reflecting the speed and agility of the brand, qualitiesthat heis famous for.

New ban on promoting food for children unfair for local manufacturers: confectionery industry

The confectionery industry expressed skepticism over the new ban prohibiting the promotion of food products to children under 12, which they claim creates an unfair playing field as the rules only affect food manufacturers while exempting many other industries that directly impact children’s health.

ASPI gains 50% during 2024

Indices closed in green as a result of price gains in counters such as National Development Bank, DFCC Bank and Commercial Bank with the turnover crossing Rs. 7.7 bn.

New Year New Challenges New Opportunities

As 2024 came to a close, Sri Lanka made significant progress in addressing, to a great extent, some of the critical issues that plunged the nation into crisis.

Limited activity on the concluding day of the year

The secondary market yield curve experienced a dull trading session on the concluding day of the year yesterday, witnessing thin trading volumes and limited activity. As a result, the yield curve remained relatively unchanged following Wednesday’s bond auction where the CBSL fully accepted Rs. 80.0bn in bonds.

Pan Asia Bank introduces ‘LIME’ fast customer on-boarding channel

Kickstarting the year 2025 with innovation and excellence, Pan Asia Bank introduces one of the fastest customer on-boarding channels ‘LIME’, setting a new benchmark in the banking industry.

RDB welcomes 2025 with renewed commitment to growth and innovation

As we welcome the year 2025, Regional Development Bank (RDB) reflects on 40 years of service and growth, from 1985 to 2025.

Siyapatha Finance expands footprint with opening of Homagama branch

Siyapatha Finance PLC, a fully-owned subsidiary of Sampath Bank PLC, ceremoniously opened its 53rd branch located at No. 134, Station Road, Homagama, recently.

First Capital Treasuries appoints new directors

First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC, announced the appointment of First Capital Treasuries Chief Executive Officer Sachith Perera as a Non-Independent Executive Director to the company’s board, with effect from January 1, 2025.

CCC sets record straight on media statements relating to CBSL policies

The Ceylon Chamber of Commerce (CCC) said it is in no way connected to or involved with the statements recently attributed to ‘The Sri Lanka Chamber of Commerce’ regarding the directives issued by the Finance Deputy Minister and Central Bank of Sri Lanka (CBSL).

NDB Bank among Business Today 2023-2024 Top 40

National Development Bank (NDB) has been recognised once again in the prestigious Business Today Top 40 rankings for 2023-2024, securing the 15th position among Sri Lanka’s top-performing corporates.

Target your goals and go for it: A message from NSB for new year 2025

A new year always presents an opportunity to reflect and renew our commitment to achieving personal and professional goals. The New Year is not merely a date change; it is a chance to realign our priorities, sharpen our focus and chart a course toward a brighter future. National Savings Bank (NSB) invites you to embrace this spirit of renewal.

Emirates launches additional flight to CMB-DXB route

Emirates, the world’s largest international airline, is set to operate an additional scheduled service between Colombo and Dubai, starting from 2 January 2025.

CCC sets record straight on media statements relating to CBSL policies

The Ceylon Chamber of Commerce (CCC) said it is in no way connected to or involved with the statements recently attributed to ’The Sri Lanka Chamber of Commerce’ regarding directives issued by the Deputy Minister of Finance and the Central Bank of Sri Lanka.