The board of directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC), has decided to extend the trading hours from Monday, January 3, 2022.

The Colombo tea auction concluded the 50th sale yesterday, also the final sale for the year 2021, where there was a good demand for the 5.3 mn kg of tea that came under the hammer.

The Central Bank yesterday reassured the public that Sri Lanka would end 2021 with foreign reserves over US $ 3 billion but without disclosing how such would be achieved. Sri Lanka’s foreign reserves fell to US $ 1.6 billion by the end of November,

Sri Lanka welcomed a total of 47,120 tourists in the first 20 days of December, already surpassing November’s arrival figures, which were the highest for the year.

Setting a fresh record, Sri Lanka’s merchandise exports recorded the highest monthly export value in history in November this year, as the export earnings reached US $ 1.22 billion, marking it the sixth consecutive month of above US $ 1 billion of

The initial public offering (IPO) of Kapruka Holdings Limited, Sri Lanka’s pioneering ecommerce platform, opens at 9.00 a.m. today.

With a view to further incentivise local natural rubber production, the Cabinet of Ministers this week decided to revise the existing subsidy payment structure on rubber re-cultivation and new cultivation given to farmers, shortening the payment cycl

The hard-hit tourism industry will receive the much sought after relief in the payment of utility bills with the Cabinet of Ministers having approved this week a concession scheme put forward by the Tourism Ministry.

The government is expecting a fresh shipment of organic fertiliser that meets Sri Lankan standards, from China’s Qingdao Seawin Bio-tech Group after settling the US$ 6.7 million claim by the company.

Sri Lanka’s consumer prices at national level climbed double digits in November over the same month last year, touching the highest level since the statistics office began compiling the data for the broader price index in 2015 as the country has en

Based on Central Bank projections, the government expects this week’s fuel price hike to add to 3 percent acceleration to inflation given its multiplier effect on key sectors of the economy.

As this week’s fuel hike has led to price escalations across the supply chain, the Colombo City Restaurants Collective (CCRC) said it would try its best to maintain the price stability of its plates.

Colombo International Container Terminals (CICT) is ending 2021 on a high note, celebrating its milestone 10th anniversary in Sri Lanka today and reaching the milestone of 3 million TEUs within a year for the first time.

Exterminators Limited, Sri Lanka’s premier environmental enhancement solutions provider appointed Chaaminda Ratnayake as the Chairman cum Non-Executive Independent Director.

The Swadeshi Industrial Works PLC, manufacturer of the market leading Swadeshi Khomba soap for almost eight decades recently obtained several enjoining orders in respect of ‘Sathosa Kohomba’ soap manufactured by ReeBonn Lanka Pvt Ltd. and markete

Ambeon Holdings PLC, the multi-discipline diversified conglomerate announced the appointment of Ravi Abeysuriya as an independent, non-executive board director of its real estate subsidiary Colombo City Holdings PLC.

Thornton and Dane Engineering has announced it has been awarded the Rs. 1.8 billion contract to build ‘146 Residencies’ – the latest residential development of JAT Property Group (Pvt) Ltd.

HJS Condiments Limited, a subsidiary of Hayleys Agriculture Holdings Limited, has extended its out-grower network to several new districts, including Badulla, Ampara, Vavuniya, Kilinochchi and Mullaitivu.

Colombo Commodities is the pioneer institute of importing and producing of high quality grains and spices and has won hearts of the consumers in the recent past.

Wellawatta Nithyakalyani Jewellery’s subsidiary, NJ Exports, was recently recognized with the coveted Presidential Export Award in the Jewellery Sector for the years 2019/20 and 2020/21 at the Presidential Export Awards organized by the Export Deve

DIMO has attained another feather in its cap with Nuremberg Chamber of Commerce and Industry (IHK) and the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) recognizing the Diploma in Plant Engineering for Sanitary Heating and A

Nestlé Lanka launched its flagship kiosk ‘Café Goodness’ through Nestlé Professional, Nestlé’s out-of-home food and beverage solutions provider, on December 11.

Celebrating the season, filled with warmth, joy, and the spirit of giving, SLT-Mobitel Mobile, the National ICT Solutions Provider has announced numerous offers ranging from devices to mTune ringing tones for IDD, Roaming, mCash, Pre-Paid, Post-Paid

Sri Lanka’s homegrown e-commerce platform Kapruka Holdings Limited aims to spread its wings to multiple business verticals in the country’s growing e-commerce space, with the proceeds from its upcoming initial public offering (IPO) on the Colombo

Sri Lanka’s first cable car project is gearing up to kick off soon and will reach completion within 18 months from the date of receiving all approvals, the Sri Lanka Tourism Development Authority (SLTDA) said.

HNB Finance PLC, a unit of the Hatton National Banking group, yesterday entered into a trade to acquire the controlling stake of Prime Finance PLC from Prime Lands Private Limited, in a Rs.2.1 billion deal.

The Colombo Stock Exchange has formally approved the initial public offering (IPO) of Hela Apparel Holdings Limited, the holding company of Hela Clothing Group, with the offer set to open on Wednesday, January 12, 2022.

The initial public offering (IPO) of Co-Operative Insurance Company Limited, through an offer for subscription of 166,750,000 ordinary voting shares, at a price of Rs.3.60 per share, which opened yesterday, was oversubscribed on the initial day itsel

The Asian Development Bank (ADB) has entered into an agreement to invest up to US $ 80 million (in Sri Lanka rupee equivalent) in John Keells Holdings PLC (JKH) to boost the country’s food value chain and promote economic growth and job creation.

Merchandise exports recorded the highest monthly exports value in history in October 2021, as the export earnings were recorded at US $ 1.2 billion, up 40.4 percent year-on-year (YoY), which also marked the fifth consecutive month of above US $ 1 bil