The World Bank has revised its growth forecast for Sri Lanka, doubling its previous projection to a 4.4 percent expansion for 2024. This is a notable upswing in the country’s economic growth from its April estimate of 2.2 percent.

Indian tycoon Ratan Tata has died aged 86, says the Tata Group, the conglomerate he led for more than two decades.

The government has lost a staggering tax revenue of approximately Rs.80 billion in 2023, due to the widespread Personal Income Tax (PIT) evasion among the eligible taxpayers, according to a recent study by the Institute of Policy Studies (IPS).

The Export Development Board (EDB) has announced a specialised export readiness programme aimed at equipping beginners with essential skills and knowledge for engaging in international trade.

The government announced the appointment of Sarath Ganegoda as the new chairman of SriLankan Airlines, the country’s national carrier.

The ASPI edged up as a result of price gains in counters such as Ceylinco Insurance, Hayleys and Ceylinco Insurance nonvoting with the turnover crossing Rs. 1.5 bn.

The secondary market yield curve remained broadly unchanged yesterday as the market participants opted to lay low ahead of today’s bond auction.

The Ceylon Chamber of Commerce (CCC) and Sri Lanka Banks’ Association (SLBA) signed a memorandum of understanding (MoU) to formalise and strengthen their ongoing partnership in promoting sustainable finance and financial inclusion in Sri Lanka.

National Development Bank PLC (NDB) announced that its revolutionary NDB WriztPay offering has won the prestigious Excellence in Innovation—Payments award at Global Banking and Finance Awards 2024, in the United Kingdom.

John Keells Stock Brokers (JKSB), one of Sri Lanka’s leading equity brokerage firms, announced the unveiling of its new logo as part of a broader rebranding effort.

HNB General Takaful, the Islamic insurance division of HNB General Insurance, has been awarded the prestigious Takaful Window/Unit of the Year 2023/24 award, at the Sri Lanka Islamic Banking and Finance Industry Awards (SLIBFI).

A collaboration between Commercial Bank of Ceylon and Capital Trust Properties, the leading real estate brokering company in Sri Lanka, has opened up exciting new possibilities for Sri Lankans seeking to buy homes.

Embark on a culinary adventure as the latest season of MasterChef Australia is now airing on Dialog Television. The show premiered on 23rd September and airs every Monday to Friday at 8:00 PM on STAR MOVIES HD (Ch No 115) and STAR MOVIES SELECT HD (

The National Logistics Awards (NLA), an esteemed national level awards ceremony for the logistics industry, will be held on October 23, at the Main Ballroom of Shangri-La Hotel, Colombo.

Diligent Consulting Group (Pvt.) Ltd Co-Founder and Group Managing Director Nishani Jayasinghe Ranaweera was conferred with the CEO of the Year 2024 award at Sri Lanka Business Leaders Awards 2024, held at Taj Samudra, Colombo, recently.

Sierra Cables PLC announced the appointment of Harsha Jayatunga as Executive Director/CEO. This significant milestone recognises his instrumental role in the company’s growth and continued success since he first joined Sierra Cables in 2019.

The Sri Lanka-Canada Business Council (SLCBC) delegates yesterday held a pivotal briefing session with Prime Minister Dr. Harini Amarasuriya, ahead of their official mission to Canada.

DFCC Bank continues to strengthen its role as a key advocate for female entrepreneurship, as DFCC Aloka partners with the Women’s Chamber of Industry and Commerce (WCIC) as the Diamond Sponsor, Banking partner for WCIC Prathibhabhisheka – Women E

Amid the growing concerns about the dumping of chemically refined oil labelled as coconut oil in the local market, the government is urged to establish a transparent mechanism to differentiate chemically refined oil from natural coconut oil.

Selyna Peiris has been appointed as an Independent Director on the global board of the World Fair Trade Organisation (WFTO). Peiris, an attorney-at-law and development practitioner, serves as Director Business Development and Next-Generation Lead at

Sri Lanka welcomed 25,966 tourists in the first six days of October, marking a rather slow start for the month, ahead of the winter season, the Sri Lanka Tourism Development Authority (SLTDA) data showed.

A recent study conducted by the Institute of Policy Studies (IPS) highlighted a significant disparity in Sri Lanka’s Public Service Pension distribution scheme, revealing that around 50 percent of the pension benefits were enjoyed by the wealthiest

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Hayleys and DFCC Bank with the turnover crossing Rs. 2.1 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in

At the T-bill auction held yesterday, the Central Bank fully accepted the bills offered totalling Rs.85.0 billion.

In recognition of its resilience and commitment towards healthcare, Nawaloka Hospitals PLC has emerged as the Merit Award winner in the Hospital Sector at the recently held National Business Excellence Awards(NBEA) 2024.

Eurol Lubricants through an exclusive partnership with Econsult International Ltd, led by oil and gas expert Malaka Elikewela, is officially present in Sri Lanka, introducing their high-quality lubricants to the country’s rapidly growing automotive

The Build SL Expo 2025 is due to be held on May 30, 31 & June 1 next year, as the 20th edition at the Sirimavo BandaranaIke Convention Centre, BMICH.

For the first time in the automotive battery industry in Sri Lanka, Browns Battery & Tyre Strategic Business Unit recently launched the Browns E-Care Battery Warranty activation. This marks a milestone in the implementation of the first-ever paperle

Honouring its 125 years long legacy,Pepsi, a brand that has been at the center of global pop culture, unveiled its new identity in Sri Lanka recently through its groundbreaking campaign, ‘Pepsi Street Kala’.