Business groups congratulate President Dissanayake

The Condominium Developers Association of Sri Lanka extends our heartfelt congratulations to Anura Kumara Dissanayake on his election as the 9th Executive President of Sri Lanka.

SLITAD hosts 5th Edition of People Development Awards

The Sri Lanka Institute of Training and Development (SLITAD) recently celebrated the fifth edition of the People Development Awards (PDA) for the year 2023/24.

Club Hotel Dolphin Triumphs as South Asia’s Top All-Inclusive Resort at SATA 2024

Club Hotel Dolphin, Waikkal, a property in the Browns Hotels & Resorts portfolio, has been recognised as the Leading All-Inclusive Resort at the South Asian Travel Awards (SATA) 2024.

Colombo Fort’s Cultural Revival: Developing Sri Lanka’s Next Tourist Hub with Fairway

Colombo Fort is where history whispers through cobbled streets and colonial facades, standing tall against the backdrop of a rapidly modernizing skyline.

HNBA joins hands with IDB to offer special insurance solution to over 10,000 registered companies

HNB Assurance PLC entered a new partnership with the Industrial Development Board (IDB), which will bring customized insurance solutions to more than 10,000 Micro, Small and Medium Enterprises and large corporates that are registered with the IDB.

NDB Bank wins award for Best Financial Institution Empowering Women

National Development Bank PLC (NDB) has been honoured with the award for Best Financial Institution for Empowering Women at the Global Banking and Finance Awards 2024.

Seylan Bank recognises longstanding customers with mega rewards

Seylan Bank, the official banking partner of the Wedding Show 2024, honoured its longstanding customers with Mega Rewards at the country’s largest wedding-related event.

Amana Bank fuels National Para Athletics Gold Medalist

Amana Bank has announced the continuation of its sponsorship for Khalid Oshman, a visually impaired athlete who has become a source of inspiration within the Sri Lankan sports community by overcoming numerous challenges.

LPEC Campus honoured as ‘Best Education Institute’ at Iconic Awards 2024

LPEC Campus, a leading institution in Sri Lanka’s education sector, was honoured as the Best Educational Institution at the Iconic Awards 2024.

Farm Lanka, a leading dairy products manufacturing company in Sri Lanka recently organised a felicitation ceremony

Farm Lanka, a leading dairy products manufacturing company in Sri Lanka recently organised a felicitation ceremony to honour and reward the longest serving employee of the company, P.R. Sekar.

Gold prices to continue breaking records until mid-next year

Gold prices are expected to continue its record-breaking upward trajectory with forecasts projecting a new all-time high of US $ 2,750 per ounce by the end of 2024, according to a report by the Union Bank of Switzerland.

Private sector credit jumps in August

Credit to the private sector which is used as one of the key barometers to determine the health of the economy grew at a brisk pace in August from a month ago, continuing the months-long growth in credit to the real economy.

Higher taxes, a key factor driving local businesses overseas: Study

The current tax system along with policy inconsistency and other restrictions to doing business, are driving more Sri Lankan businesses to relocate operations overseas and also more professionals to migrate, according to National Taxpayer Perception Study - Sri Lanka 2024.

Tourist arrival crosses 100,000 mark in September

Tourist arrivals to the island nation crossed the 100,000 mark within the first 26 days of September, provisional data from the Sri Lanka Tourism Development Authority (SLTDA) showed.

Final income tax payments to be settled today

All taxpayers must ensure to make their final income tax payments for the Year of Assessment 2023/2024 by September 30, the Inland Revenue Department (IRD) said.

IMF in town this week

A delegation from the International Monetary Fund (IMF) is scheduled to arrive in Sri Lanka on Wednesday, October 2, to assess the progress of the ongoing IMF programme.

Mark Zuckerberg joins exclusive US$ 200bn club

CNN: Recent figures from Bloomberg’s Billionaire Index show Mark Zuckerberg has grown his personal fortune by a whopping US$ 73.4 billion in 2024 to US$ 201 billion.

UNDP urges Sri Lanka to integrate more women into formal sector

Sri Lanka should actively focus on integrating more women into the formal sector, as their prevalence in the informal sector creates a host of socio-economic issues that hinder economic progress, according to the United Nations Development Programme (UNDP) Sri Lanka.

Intrepid-MDF-SLTDA hold Sri Lanka’s first-ever ‘Women in Tourism’ training session

In celebration of the World Tourism Day, Intrepid Colombo recently announced the successful launch of its first-ever ‘Women in Tourism’ training session held in Kandy.

Acuity Knowledge Partners marks a year of change

Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, data management, analytics, talent and technology solutions to the financial services industry, has marked 18 months of majority ownership by funds managed by Permira, with a period that has seen further, sustained growth.

ESOFT Metro Campus with LEAP Foundation awards scholarships worth Rs.55mn

In an effort to contribute to Sri Lanka’s talent pool through accessible globally recognised qualifications, ESOFT Metro Campus, Sri Lanka’s leading private higher education network, together with the LEAP Foundation awarded 50 students from across the country with scholarships worth Rs.55 million.

Kaspersky opens new South Korea transparency centre

Kaspersky announced the opening of its latest transparency centre in Seoul, South Korea, reaffirming its commitment to delivering the best security assurance for its products and services.

Planters’ Association of Ceylon charts course for sustainable future at 170th AGM

The Planters’ Association of Ceylon (PA) held its 170th Annual General Meeting (AGM) recently, at Galadari Hotel in Colombo.

SampathCards partners Hilton Colombo for Oktoberfest 2024

SampathCards announced its renewed partnership with Hilton Colombo as the official sponsor of the 31st Hilton Colombo Oktoberfest, scheduled from October 24 to November 02, 2024.

Hyundai elevators and escalators from Abans: An engineering marvel

Abans Engineering, a member of the prestigious Abans Group of Companies, remains as the sole agent in Sri Lanka for Hyundai high-speed elevators and escalators that aim to redefine urban mobility and elevate consumers to the newest heights of technological innovations while at the same time providing them with comfort, reliability and convenience.

Congratulatory messages to new President

The Shippers’ Academy Colombo wishes to extend its heartiest congratulations to President elect, Anura Kumara Dissanayake, as the ninth Executive President of Sri Lanka.

Ceylinco Life delegation completes 7-day training in agency management in Malaysia

Ceylinco Life delegation completes 7-day training in agency management in Malaysia

SLFFA holds 43rd Annual General Meeting

The Sri Lanka Logistics and Freight Forwarders’ Association (SLFFA) held its 43rd Annual General Meeting recently at Cinnamon Grand Hotel, Colombo.

INSEE Ecocycle opens women-led material recovery facility in Puttalam

INSEE Ecocycle, the waste management arm of INSEE Cement and the pioneer in sustainable waste management solutions in Sri Lanka, announced the inauguration of its newly established women-led material recovery facility (MRF) in Puttalam.

Central Bank leaves policy rates unchanged as previous cuts take hold

The Central Bank left the key policy rates unchanged yesterday at its fifth monetary policy review for the year, as inflation remains well below its medium-term target of 5.0 percent, while the previous rate cuts are doing their job by way of converting into lower lending rates and credit, helping to further support the economic growth.