Ceylinco General Insurance conducts islandwide 100km beach clean-up project

Ceylinco General Insurance recently organised an islandwide beach clean-up programme along the coastline of Sri Lanka, covering over 100 kilometres, with the participation of its staff from its islandwide branches and the head office.

Riococo recognised with 6 Stevie International Awards

Riococo, a true Sri Lankan company and leader in sustainable coir-based horticulture solutions, celebrated a major milestone at the 21st annual International Business Awards, also known as the Stevie Awards, held recently at InterContinental Hotel in Istanbul, Turkey.

David Pieris Automobiles delivers first set of BAIC X55 II SUVs in Sri Lanka

David Pieris Automobiles (Private) Limited (DPA) successfully delivered the first set of BAIC X55 II SUVs to its customers.

StanChart SL sets national benchmark as only EDGE Movecertified organisation in Sri Lanka

Standard Chartered Sri Lanka has announced a milestone achievement, obtaining the EDGE Move certification for the second consecutive time, in its commitment to nurture gender equality in the workplace.

SLID’s first-ever International Director Conference to inspire leaders

The Sri Lanka Institute of Directors (SLID) is set to host the highly anticipated International Director Conference on October 29, 2024, at Oak Room, Cinnamon Grand Hotel, Colombo, from 9:00 a.m. to 5:00 p.m.

NDB Bank honours Sri Lanka’s pensioners

On the National Pensioners’ Day celebrated on October 8, National Development Bank PLC (NDB) extended its heartfelt gratitude and admiration to all the pensioners across Sri Lanka for their tireless dedication and contribution to our motherland.

Siyapatha Finance extends islandwide reach to Matugama

Siyapatha Finance PLC recently opened its 51st branch in Matugama, advancing on its efforts to extend the company’s reach across the island nation.

CA Sri Lanka pays tribute to three veteran Chartered Accountants

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to three distinguished Chartered Accountants for their remarkable contributions to the corporate, society and country spanning many decades.

RDB Bank relocates Peliyagoda branch

The Peliyagoda branch of RDB Bank relocated its premises to a more convenient location, with more facilities to its customers, in the Maning market area, on October 14, 2024.

Manufacturing & services PMI points to continuous expansion in activities through September

The Purchasing Managers’ Index (PMI) for both manufacturing and services activities pointed to persistent expansion in the economic activities in the respective sectors through September 2024, albeit there has been some softening in both from a month earlier.

Tourist arrivals surpass 63,000 in first half of October

Sri Lanka welcomed 63,491 tourists in the first half of October, in continuing with the slowdown in tourist arrivals, ahead of the winter season, the Sri Lanka Tourism Development Authority (SLTDA) data showed.

New EDB chief pushes for high-tech export growth

The newly appointed Export Development Board (EDB) Chairman and CEO Mangala Wijesinghe yesterday urged the country to broaden its export base by targeting high-tech sectors, as part of a broader strategy to boost export revenue.

Cartoon 17.10.2024

Nobel economics prize goes to inequality researchers

Three U.S.-based academics won the 2024 Nobel economics prize on Monday for research that explored the aftermath of colonisation to understand why global inequality persists today, especially in countries dogged by corruption and dictatorship.

Nawaloka Hospitals records profit growth in 2023/24

Nawaloka Hospitals PLC, South Asia’s pioneer in AI-driven healthcare, achieved remarkable financial success for the fiscal year ending March 31, 2024.

Hela Apparel Holdings completes successful rights issue raising Rs.1.6bn

Hela Apparel Holdings PLC has confirmed the successful completion of its rights issue, raising Rs.1,596,826,135 through the issue of shares.

Indices close in green

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Aitken Spence and Dipped Products with the turnover crossing Rs. 1.7 Bn. A similar behaviour was witnessed in the S&P SL20.

Selling interest emerges amidst low volumes

The secondary market yield curve remained broadly unchanged, amidst thin trading volumes and limited market activity.

Sri Lankan students get empowered with debate and social-emotional learning

Learn for Life Lanka announced its partnership with Debate Mate, a globally reputed leader in transformative debating programmes.

Hayleys Solar launches children’s book on ‘Solar Power’

Hayleys Solar, the renewable energy arm of Hayleys Fentons launched a children’s storybook, “Sunflower and the Bee” in Sinhala, Tamil and English at the International Book Fair (BMICH) recently, in celebration of International Children’s Day.

amanté relaunches upgraded full-figure intimate wear collection with Ultimo

amanté recently unveiled a relaunch of its Ultimo collection which was originally introduced to the market in 2017.

New Office Bearers of BOI Toastmasters Club for 2024/25

The BOI Toastmasters Club held its annual installation ceremony for the new office bearers for the year 2024/25 on 26 September 2024, marking a new chapter for the club.

Abans brings innovation with Stahl to Sri Lankan cooking

Presenting the perfect blend between convenience, durability and design is Stahl kitchen appliances, which includes five different ranges of appliances that are engineered for cooking at all skill levels, from home chefs to professionals.

AAC educates children on importance of wearing safety helmets

Under the UN Decade of Action 2021 – 2030 in Sri Lanka, the Automobile Association of Ceylon (AAC) is now conducting a Road Safety Programme, specially in rural schools, promoting the need for children to wear safety helmets.

Bollywood Boutique opens new showroom

Bollywood Boutique, known for its exquisite collection of sarees, salwars, kurtis, and lehengas, marked a significant milestone with the launch of its new 7,000-square-foot showroom at 17 Hampden Lane, Colombo 06.

DFCC Bank supports 1333 Bikeathon as Official Banking Partner

DFCC Bank has partnered with the Courage Compassion Commitment (CCC) Foundation as the official Banking Partner and Gold Sponsor of the 1333 Bikeathon “Ride to Save Lives” campaign 2024.

Revolutionising SL’s agriculture through AI-driven Agriculture Prompt Engineering

Sri Lanka’s agricultural sector faces significant challenges, including inefficient resource use, low crop yields, and vulnerability to climate change.

ZeroPlastic Clean-Up Walk aims for a cleaner Sri Lanka

The ZeroPlastic Clean-Up Walk 2024 is a revolutionary initiative in Sri Lanka, aiming to combat plastic pollution and promote environmental sustainability across the island.

Sanasa Life Insurance celebrates World Children’s Day with CSR project

The 1st of October celebrates World Children’s Day and Sanasa Life Insurance embarked on yet another initiative by planting tree saplings in 100 schools around the country.

KOICA conducts donation ceremony at Open University of Colombo

The Republic of Korea through the Korea International Cooperation Agency (KOICA), successfully concluded a donation ceremony at The Open University of Colombo, for the development and capacity building project for a Korean Language Classroom.