At the Annual General Meeting of the Sri Lanka Gem and Jewellery Association (SLGJA), Akram Cassim, a longstanding member of the industry, was officially announced as the newly elected President. In his speech Cassim outlined his vision to drive the

Sri Lanka, a nation bearing enough promise to go beyond the adversity it has faced—from the Easter attacks of 2019 to a major economic collapse on top of the global pandemic—stands at a moment calling for renewal. The 15th edition of the Sri Lank

Sri Lanka should stay committed to the fiscal framework set by the International Monetary Fund (IMF) until the country achieves the macroeconomic stability required for a sustained recovery, a top economist asserted.

Sri Lanka’s Inland Revenue Department (IRD) has launched a special initiative to recover Rs. 570 billion in outstanding taxes from certain taxpayers under the self-assessment payment system, with a deadline of November 30.

Sri Lanka’s rubber sector is poised for a boost in order volumes from Europe this month (October), as buyers return following the summer break and U.S. export earnings strengthen.

Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka.

Sri Lanka’s start-up ecosystem and the need to establish dedicated start-up zones was a major area of focus at the recent Sri Lanka Human Capital Summit (SLHCS) of 2024, which brought many experts together to explore the challenges in developing th

The Export Development Board (EDB), in collaboration with the Embassy of Thailand, has organised a seven-day study tour to coincide with the 41st Thailand International Motor Expo 2024, in Bangkok.

The secondary market yield curve edged higher across the board, driven by thin trading volumes and profit-taking activity as investors adopted a wait-and-see approach ahead of the upcoming T-bill and T-bond auctions. After the morning session, the y

The ASPI edged up as a result of price gains in counters such as John Keells Holdings, Hayleys and Aitken Spence with the turnover crossing Rs. 1.3 bn.

First Capital Asset Management Limited, a subsidiary of First Capital Holdings, drives forward with its groundbreaking unit trust fund, the First Capital Money Plus Fund.

NDB Bank, in partnership with AIA Sri Lanka, announced that the NDB-AIA bancassurance partnership has been awarded the prestigious title of Bank Partner of the Year at Asia Trusted Life Agents and Advisors Awards 2024. This recognition marks a histo

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and CEO, with immediate effect. Choonia will succeed Duminda Weerasekare, who retired as MIFL’s

Pan Asia Bank is transforming the path to homeownership by offering customers more than just a loan – it delivers innovative, tailored solutions that make securing a home easier than ever.

Sri Lanka’s most customer-centric bank HNB PLC announced the return of its most eagerly awaited annual savings bonanza, Singithi Giftober, commemorating the Children’s Day and World Thrift Day this year. Branded with the much-loved HNB elephant

In a groundbreaking achievement for the Sri Lankan stockbroking industry, SC Securities (Pvt.) Ltd, a fully-owned subsidiary of Sampath Bank PLC, has become the first stockbroking company in Sri Lanka to obtain the prestigious ISO 9001:2015 certifica

David Pieris Motor Company (Private) Limited (DPMC) announced that its innovative electric-converted three-wheeler E-drive fleet has surpassed a milestone of one million kilometres travelled across Sri Lanka. This achievement marks a significant ste

Janashakthi Life, a prominent leader in Sri Lanka’s insurance industry, has unveiled its new branch in Matugama. This branch is specifically designed to provide a wide range of life insurance products and services, making them more accessible to t

Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions, announced its designation as a Star Performer, along with the recognition of being a Major Contender, in Everest Group’s Life & Annuity (

Richwin Plaza Private Limited and Richwin Investment and Credit Private Limited, part of the same business group, received top awards for their contributions in their respective fields at Iconic Awards 2024.

Hayleys Fabrics PLC, Sri Lanka’s largest and leading textile manufacturer, has been recognised for its exceptional leadership in sustainable chemical management by receiving the prestigious ZDHC Torchbearer Award.

The Hambantota International Port (HIP) saw a 40 percent jump in the number of roll-on/roll-off (RORO) vehicles handled between the second and third quarters of 2024, as the global shipping activity picked up.

Sunshine Healthcare Lanka Limited (SHL), the healthcare arm of diversified conglomerate Sunshine Holdings PLC (CSE: SUN), announced the successful conclusion of the approximately Rs.3,270 million equity investment from the International Finance Corpo

LTL Holdings’ initial public offering (IPO) remains on hold until the Supreme Court issues a decision, according to a disclosure made to the Colombo Stock Exchange (CSE).

The ASPI closed in green as a result of price gains in counters such as C T Holdings, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 2.7 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional inv

The secondary market adopted a mixed sentiment during the day despite the finalisation of the EDR process as the country completed the OCC and IMF consultation proceedings.

Emojot, a global leader in artificial intelligence (AI) - powered customer experience management, has announced a strategic leadership restructuring alongside securing a strategic investment from the United States (US).

Siyapatha Finance PLC was honoured as the “Best Employer Brand” at the recently concluded Sri Lanka Best Employer Brand Awards 2024.

Sri Lanka’s apparel solutions provider Brandix was recognized as one of Sri Lanka’s Most Outstanding Women-Friendly Workplaces at the Satyn Magazine Women Friendly Workplace Awards (WFWA) 2024.

Standard Chartered Priority, Sri Lanka has collaborated with Durdans Hospitals, a trusted name in Sri Lankan healthcare for over seven decades,