Nestomalt announced the second winner of its one-of-a-kind consumer promotion Salary for Life 2021.

Chevron Lubricants Lanka PLC, the nation’s lubricant market leader since 1992, has achieved new heights of product development and technology as its leading lubricant brand Delo took a monumental step forward in the lubricant market by proving an o

Aitken Spence Logistics, the pioneer in integrated logistics, strengthened its mobile storage solutions operations by acquiring the reefer and general purpose (GP) container fleet of a competitor business.

For the 11th consecutive year, MTI Consulting will be carrying out the CEO Business Outlook Survey in association with Wijeya Newspapers Group.

Accounting for 65 percent of all national exports and 85 percent of all national industrial exports, the Board of Investment (BOI) yesterday announced that the total export earnings recorded as at date for the year,

The trade unions at the BOI yesterday said they had decided to continue the protest against BOI Chairman Sanjaya Mohottala, who tendered his resignation last week but who is “trying to come through the back door”.

Sri Lanka recorded the highest tourist arrivals for a single month for this year in November, as the country saw the arrival of 44,294 tourists, surpassing the previous monthly high of 22,771 arrivals in October.

The cumulative outstanding credit card balance jumped the most in recent months in October, signalling faster recovery in consumer spending after people started venturing out, with the end of six-week long restrictions on movement on October 1. The

In a sign of defiance against the pandemic-induced hardships, the banking sector reported improved asset quality amid the other key performance readings for the period ended on September 31, 2021, signalling resilience of the sector to adversity.

The Central Bank has brought down its bill stock during the last couple of weeks, indicating that it was gradually unwinding its monetary stimulus unleashed by way of continuous purchasing of Treasury bills and bonds on behalf of the government, whic

Sri Lankan shares rose yesterday, after falling more than 2 percent in the previous session, helped by heavyweight industrial stocks.

While stressing on the need for greater independence of the Central Bank (CB) to conduct its core functions, instead of becoming the banker for the government, former CB Governor Dr. Indrajit Coomaraswamy urged the government to choose the least pain

The Sri Lanka Institute of Nanotechnology (SLINTEC), the first public-private research institute in Sri Lanka and a pioneer in nano and advanced technology research in the country, has broken new ground once again in another pioneering venture, that

The Global Economics Awards paves a way forward for enterprises globally, to showcase the immense efforts put in place to uplift regional and global economies. The globally recognised awards stand as a marquee of the recipients’ perseverance and cr

Eighteen delegates from South Indian Powerloom Federation visited the National Chamber of Commerce recently, during their visit to Sri Lanka exploring investment opportunities in the field of powerloom and weaving industry.

The Central Bank (CB) projects Sri Lanka’s outward labour migration to recover to around 120,000 persons this year from the sharp decline recorded in 2020.

Browns Investment PLC, the strategic investment arm of LOLC Group has secured leasehold rights of additional two prime land blocks in Colombo Port City for US$98 million to undertake the development of the marina and a hotel project adjoining the ear

In a plot twist to the resignation drama that unfolded at the country’s apex investment promotions body, Board of Investment (BOI),President Gotabaya Rajapaksa has refused to accept the resignations tendered by BOI Chairman Sanjaya Mohottala and th

Lankem Ceylon PLC and related parties have been able to increase their ownership stake in ACME Printing & Packaging PLC (ACME) by 53.30 percent to 88.27 percent becoming the controlling shareholder of the company following a successful response to th

SriLankan Airlines resumed operations to picturesque Gan Island in Addu Atoll of Maldives from December 4 after it had to cease operations to the destination temporarily in March 2020 with the onset of the Covid-19 pandemic.

Private sector credit, which acts as an important barometer of the robustness of the economy, continued to ease for the second consecutive month in October after the Central Bank raised policy rates in August.

The foremost and most anticipated economic event of Sri Lanka, the Sri Lanka Economic Summit 2021 will commence today at Shangri-La Colombo under the theme ‘Springboard for revival: Opportunity to reset’.

Aitken Spence PLC was on a winning streak yet again at Best Corporate Citizen Sustainability Award 2021.

Ceylon Cold Stores (CCS), iconic household consumer brand Elephant House, that is associated with trust and reliability through many generations, has taken yet another step in the right direction, in an effort to expand its ongoing operations.

For the seventh consecutive year, Sri Lanka’s diversified conglomerate Sunshine Holdings will support the country’s premier economic forum, Economic Summit 2021.

In recognition of exceptional business leadership and quality management systems, Global Lifestyle Lanka was awarded Platinum at the recently concluded 2020 Business World International Awards Ceremony, organised by the Business World International O

Celebrating the spirit of giving and the magic of Christmas, Sri Lanka’s premier retail chain Arpico Supercentre is set to unveil its new range of festive hampers, perfect for the seasonal gifting experience.

Macksons, a leading Sri Lankan conglomerate, has announced its sponsorship of the 2021 Lanka Premier League Twenty20 franchise cricket tournament.

Nestlé Health Science launched its latest product, Nestlé Boost Original – a nutritional food drink, which helps older adults get the nutrition they need as part of a balanced diet, to lead a healthy and active lifestyle.

Life insurance companies have sought more time to reveal their stance on granting social security benefits to life insurance agents, following a meeting with Labour Minister Nimal Siripala de Silva, according to a press release issued by the Labour