A high-level team from the Institute of Chartered Corporate Secretaries of Sri Lanka (ICCSSL) recently met Registrar General of Companies Sanjeewa Dissanayake to discuss and appreciate the efforts taken by the department to align an 80-year-old manu

The Cabinet nod has been granted to draft ‘General Policy Guidelines for the Electricity Industry’ to reflect the government’s recent policy decision to achieve 70 percent of electricity generation from renewable energy by 2030 and to halt pl

President Gotabaya Rajapaksa this week used the United Nations Climate Change Conference of Parties (COP) 26 event to highlight the overuse of chemical fertilisers in Sri Lanka, which has left the government to deal with diseases that continue to be

Releasing its first interim financials since going public, JAT Holdings PLC reported some robust top and bottom line performances for the three months ended in September (2Q22), as the sales for its wood coating products recovered exponentially in bo

Chevron Lubricants Lanka PLC reported strong sales growth during the three months to September (3Q21), which propelled the firm’s earnings for the period, as it benefitted from the faster rebound in the mobility and other economic activities since

Pan Asia Banking Corporation PLC reported some robust profits in the three months to September (3Q21) on continued growth in loans, stretched margins and slight improvement seen in the reported asset quality.

Sino Lanka Group has entered into an investment agreement with the Board of Investment (BOI) to construct a mixed development project in Rajagiriya, via its subsidiary Sino Lanka Properties Two (Pvt.) Ltd.

Seylan Bank has announced plans to raise up to Rs.20 billion next year, either in one or more issuances, to boost its capital.

The Ceylon Electricity Board Engineers’ Union (CEBEU) has sought the intervention of the United States Embassy in Colombo to halt the moves to award the exclusive LNG supply contract to US-based New Fortress Energy, circumventing tender procedures.

Samsung Electronics announced that it had reaffirmed its position as a top-five brand in Interbrand’s Best Global Brands 2021.

GPV Electronics celebrated a grand milestone recently when it broke ground for a new electronics factory.

In view of providing the best quality and advanced medical services to the people with increased accessibility and affordability, Melsta Hospitals Ragama recently declared open its Gastrointestinal Centre, one of the very few state-of-the-art and pur

Ceylinco Healthcare Services Ltd. (CHSL) has announced it has crossed the milestone of treating 12,000 cancer patients via a combination of cutting-edge radiation therapy and other forms of treatment.

Providing users with an all-in-one digital health solution, Doc990 and MyDoctor – powered by Dialog Axiata PLC, recently announced the merger of their services.

Lanka Hospitals reached another milestone recently by successfully completing 140 minimally invasive spinal fusion surgeries.

Nawaloka Hospitals recently introduced a unique healthcare solution in a bid to enable members of the Bar Association of Sri Lanka convenient access to diverse portfolio of exclusive, high quality healthcare facilities at Nawaloka Hospitals.

Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced several key leadership appointments.

IFS, the leading global enterprise applications company, has announced Andy Watts as a key new member of its team.

The Sri Lanka Red Cross Society has selected Jinasena Infotech (Pvt.) Ltd as its implementation partner for Microsoft Dynamics 365 Business Central ERP Solution in order to streamline its business processes.

Moneta, a lifestyle-based financial service enabler and the first start-up in Sri Lanka invested in by Google, recently closed its Seed II funding round, raising US $ 325,000, at a valuation of US $ 1.25 million.

The Big Bad Wolf Online Book Sale returns to Sri Lanka once again to wow book lovers across the country. This time, the Wolf has partnered with e-commerce giant Shopify to bring the Wolf Pack a smooth and memorable shopping experience.

LOLC has retained its undisputed rank amongst the Top 10 Most Admired Companies in Sri Lanka for the year 2021.

OREL IT, a Sri Lankan-based premier IT services provider operating with a key focus to empower humanity with Industry 4.0, recently established operations in Singapore, a major technology hub, as part of the company’s expansion efforts in the South

Expolanka Holdings PLC delivered its best ever financial performance in the three months to September as the group remained well positioned to make the most out of the fast recovering international trade and the freight rates, which soared to all-tim

Two agreements were signed between Lanwa Sanstha Cement Corporation (Pvt) Ltd and Hambantota International Port Group (Pvt) Ltd recently which allow Lanwa Sanstha cement plant in Mirijjawila Export Processing Zone to be connected with the Hambantota

Keells Food Products PLC (KFP) reported substantially lower profits for the quarter ended September 2021 (2Q22), as the company saw its sales continuing to languish as weak demand amid virus related restrictions on consumer activity added to mounting

Lanka IOC PLC delivered robust financial performance in the three months to September as mobility and other economic activities picked up pace generating demand for fuel and other products offered by the company while the June price hike helped it to

Amid multiple rating downgrades by international rating agencies and growing fears on possible default on the country’s external debt, Sri Lanka’s industries face higher costs and difficulties in sourcing raw materials and capital goods from abro

Colombo International Airport Hotels Pvt. Ltd (CIAH) has inked an agreement with Board of Investment (BOI) to construct Sri Lanka’s first ever airport hotel within the Airport and Aviation Services Sri Lanka (Pvt) Ltd. premises in Katunayake.

The Monetary Board of the Central Bank has established an Advisory Committee to examine the possible revival options for the failed finance companies.