Softlogic Life Insurance PLC, a unit of Softlogic Holdings PLC and the country’s third largest life insurer said, it finalised two landmark deals to the tune of US $ 30 million (Rs.5.6bn) .

Sri Lanka’s export promotion agency, the Export Development Board (EDB) announced it has joined hands with the Foreign Ministry to boost the nation’s export revenue and mitigate the negative impact of the COVID-19 pandemic on the industry.

Taxi hailing App, Uber launched in Colombo today its new package delivery service ‘Uber Connect,’ which will allow residents of Colombo to send and receive parcels within city limits.

The Finance Ministry today said vehicle permit holders who haven’t been unable to import vehicles due to import restrictions, can purchase unregistered vehicles already imported to the country from registered vehicle importers/sellers at market pri

Sampath Bank PLC today announced the appointment of President’s Council (PC) Harsha Amarasekera as the bank’s new Chairman (Non-Executive, Non- Independent) with effect from 30 August 2020.

The Department of Census and Statistics (DCS) the main statistical organization of the government, has initiated an on line survey to measure the impact caused by COVID-19 pandemic to the Sri Lankan economy.

The Information and Communication Technology Agency (ICTA) and the United Nations Development Programme (UNDP) in Sri Lanka signed a 4-year Memorandum of Understanding (MoU)today to support the island nation’s aspirations for digital transformation

The Board of Investment (BOI) initiated dialogue with the British High Commission in Colombo to look at avenues to bring into the country the much required Foreign Direct Investments (FDIs).

LOLC releasing its first quarter results for FY20/21, today said it has recorded the highest ever profit-after tax (PAT) of Rs.37.2 billion compared with Rs.5.6 billion recorded for the corresponding quarter of the previous year. Profit attributed to

President’s Secretary Dr.P.B. Jayasundara this week (24) told a private television station that Sri Lanka has amassed vehicles enough for the next two and a half years during the five-year period of 2014-2019.

The growth in land values in the Colombo district fell below 10 percent for the first time in years, decelerating to 7.1 percent year-on-year (YoY) in the first half of the year from 10.8 percent recorded in the second half of 2019, according to the

The country’s largest celco, Dialog Axiata PLC, yesterday welcomed the Telecommunication Regulatory Commission of Sri Lanka’s (TRCL) decision to take initial steps towards implementing number portability in Sri Lanka.

Home-grown taxi hailing app, PickMe called on the government to increase its efforts in creating a level playing field so that entities, such as itself, that has digital solutions as its core operations can compete better with multinationals in the i

Telecommunication Regulatory Commission of Sri Lanka (TRCSL) announced it has initiated preliminary measures to implement number portability in the country.

Veteran banker Senarath Bandara has been appointed as the Managing Director/CEO designate of Cargills Bank Limited, and will commence his new role with effect from September 8, 2020.

In a disclosure to the Colombo Stock Exchange (CSE), the board of MTD Walkers PLC informed that Lakma Holdings (Pvt.) Ltd led by Dr. Arosha Fernando has signed a share sale and purchase agreement to acquire 90 percent of the shareholding of the comp

Sri Lanka will see the addition of a Liquefied Natural Gas (LNG) trading facility with the Board of Investment (BOI) having entered into an agreement with Pearl Energy (Pvt) Ltd. to launch the ‘Hambantota LNG Hub’.

Trade Minister Bandula Gunawardena made his inaugural visit to the Sri Lanka Export Development Board (EDB) recently since assuming office and met the key officials of the institution.