Sampath Bank PLC saw its earnings for the quarter ended June 2021 (2Q21) surging, but the bank’s loan growth remained modest during the first half of the year.

Faizal Salieh was unanimously elected as the Chairman of The Sri Lanka Institute of Directors (SLID) for the year 2021/22 at the fully virtual Annual Membership Meeting held on August 11th.

As part of its ongoing commitment to empower the national healthcare efforts during the pandemic, Dialog Axiata PLC pledged to enhance urgently required critical care infrastructure in 18 hospitals selected by the Ministry of Health (MOH).

A novel business model called ‘Buy Now Pay Later’ was launched recently by LIRIDI Lanka (Pvt) Ltd in Sri Lanka to support micro and small businesses.

Amidst challenges stemming from global warming to social unrest, two of the country’s top professional bodies, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the CFA Society Sri Lanka have banded together to encourage corpor

The International Chamber of Commerce (ICC) recently appointed Dinal Phillips PC to serve as a member of the International Court of Arbitration for the period 2021-2024.

Expo 2020 Dubai, one of the largest and most prestigious global events of its kind originally set to take place last year, is now rescheduled to be held for a period of six months starting October 1, until March 31, 2022.

Softlogic Life recorded a superior first half performance in a pandemic-affected business landscape, posting a gross written premium (GWP) of Rs.9,183 million during the six months ending on June 30, 2021,

SLT-MOBITEL, the national ICT solutions, telecommunications and mobile services provider, recently established ‘The Embryo’, the SLT group’s pioneering research and development initiative.

Supreme TV, Sri Lanka’s latest Sinhala TV channel, has expanded islandwide, joining the fight against COVID-19’s adverse impact on the nation’s education sector.

The tourism industry stakeholders shared with the government this week proposals to take into account when amending the Tourism Act, so that the sector does not take another hit.

Unidil, the largest corrugated carton manufacturer in Sri Lanka, in yet another community support initiative has made a donation of Negative Pressure Ventilation System to the Covid Intensive Care Unit of Gampaha District Hospital at a cost of Rs. 1.

The Board of Investment (BOI) has commenced recruiting professionals from the private sector on contract basis to a newly formed specialised unit with a view to gain much-needed competitive strength against leading regional international promotion ag

Bank of Ceylon’s General Manager D.P.K. Gunasekera better known as Sugath Gunasekera to his peers in the banking industry is to retire from Bank of Ceylon upon reaching mandatory retirement age.

The debutant JAT Holding share yesterday failed to impress investors as the share closed below the issue price.

Demand for poultry produce such as chicken rebounded faster than expected since the end of lockdowns last year, boding extremely well for the large scale poultry producers’ top and bottom lines, but they now contend with scarce local feed and sharp

Aitken Spence PLC made an impressive comeback in the first quarter ending 30th June 2021 (1Q22) by recording a 145 percent increase in profit before tax (PBT) of Rs. 1.2 billion compared to Rs.513 million in the previous year from the non-tourism sec

Commercial Bank of Ceylon PLC pushed growth with more vigour during the three months to June 2021 (2Q21) as the largest private sector lender gave more loans, improved asset quality and margins to deliver some robust financial performance.

Sri Lanka’s compliance to the conventions laid out by the European Union (EU) will come under fresh review next month as a mission is scheduled to arrive in the country to ascertain whether Sri Lanka has done enough to retain the GSP Plus concessio

Bitulink Emulsion (Pvt.) Ltd, a leading supplier of bitumen and related products needed for road development projects, celebrated its 15th anniversary on June 22.

The United Nations Development Programme (UNDP) in Sri Lanka signed a memorandum of understanding (MoU) with CBL Investments Limited to support and encourage private sector stewardship and innovation on green development, towards operationalising a g

Samsung, Sri Lanka’s leading consumer electronics brand, launched its 2021 Neo QLED 8K line-up, which features technological breakthroughs that deliver immersive and true-to-life viewing experiences like never before.

Sparklink Travels celebrates its 42nd anniversary of providing travel excellence in Sri Lanka.

Unidil, the packaging giant of Sri Lanka, has stepped to another milestone in its growth journey by entering to the category of Best 40 Great Work Places in Sri Lanka.

The story of KFC in Sri Lanka began in 1996, when the first restaurant opened its doors at the popular shopping complex Majestic City. Fast forward to 25 years and 44 restaurants later, KFC Sri Lanka has gone from strength to strength.

Singhagiri recently opened three new showrooms across Sri Lanka, starting off in Moratuwa in January 2021, the second in Maharagama in March and the most recent one in the town of Kurunegala, last month.

The Central Bank said it has introduced a single point of contact to handle complaints against the financial service providers (FSPs).

Labour Minister Nimal Siripala de Silva announced fresh regulations making it mandatory for the employers to submit the required documentation of the employees along with the duly completed forms, within 30 days of the recruitment, to proceed with th

Sri Lankan shares ended higher yesterday, helped by gains in consumer discretionary and financial stocks.

Nestle Lanka PLC reported robust sales and profits for the three months to June (2Q21), as the company had successfully overcome the pandemic-induced challenges,