The Colombo District Court has awarded the defendant company 500 percent in costs from the plaintiff company after the defense convinced the court that the plaintiff’s action was vexatious, and the defendant company is entitled to the maximum costs

Oki Doki, a digital transportation solutions provider with a global footprint, and a fully-owned subsidiary of Expolanka Holdings, has partnered with the Chartered Institute of Logistics and Transport Sri Lanka (CILT) as its Gold Sponsor for all even

Sri Lanka’s economy is experiencing a ‘Goldilocks’ moment, with growth accelerating while inflation remaining subdued and the external sector strengthening. Robust inflows from exports, tourism, and remittances have bolstered the country’s ec

Sri Lanka must avoid making economically unsound promises ahead of upcoming elections, which could jeopardise long-term growth, the Institute of Policy Studies (IPS) warned.

Sri Lanka’s female entrepreneurs are set to receive a fresh boost with plans underway to establish a ‘SheTrades Hub’ in the island nation.

Sri Lanka’s tea production is expected to fall to its lowest levels in recent history this year, dropping well below the target of 300 million kilograms, according to the Planters’ Association of Ceylon (PA).

A group of 152 young Sri Lankans recognised as high potential next-generation leaders of the country received valuable motivation in the form of ‘Pranama’ scholarships from Ceylinco Life recently, at the 23rd edition of this annual presentation.

Mahogany Masterpieces, Sri Lanka’s leading manufacturer of handcrafted luxury furniture, is celebrating its 50th anniversary, showcasing its dedication to design and innovation.

Prime Lands Residencies PLC celebrated the groundbreaking of its latest ultra-luxury boutique development, The Seasons Colombo 8.

Renewable Energy Maldives Lanka (Pvt.) Ltd (REM), establishing operations in the Maldives in 2007, moved forward with successful operations for 17 years and inaugurated an office for the Sri Lanka market in 2016 and has been growing year-on-year for

Wisdom Business Academy, an approved tuition provider for leading professional qualifications such as ACCA and CIMA, opened its new premises on the 13th floor of the World Trade Centre’s (WTC) West Tower recently. The opening ceremony was conducte

Waterdale Residencies, announced by the Home Lands Group of Companies, is the latest ultra-luxury flagship residential project encircling Colombo 7. Accordingly, a US $ 61.56 million worth agreement came into effect between Home Lands Group and the B

In a significant move towards enhancing sustainability, three of Sri Lanka’s leading companies—Brandix Apparel Ltd, Teejay Lanka PLC and Fortude (Pvt.) Ltd—have partnered with InterBalance, a pioneering consultancy in sustainability and enterpr

Exterminators PLC, Sri Lanka’s premier pest management and environmental technology company, has remarkably demonstrated financial resilience during FY24, achieving notable profitability despite the prevailing economic challenges.

Kapruka Holdings PLC, Sri Lanka’s leading e-commerce platform, announced the appointment of Lakshman Abeysekera to its board of directors as an Independent Director.

Elevandi, an independent organisation created by Monetary Authority of Singapore, organises the Elevandi Insights Forum from November 4 to 5 2024, at Marina Bay Sands Expo and Convention Centre.

Solar Booze (Pvt.) Limited, a leading name in Sri Lanka’s renewable energy sector, has been honoured by Huawei Fusion Solar for its exceptional collaboration as the authorised distribution partner for Huawei inverters in Sri Lanka.

MediaDefined (Pvt.) Ltd, a prominent leader in Sri Lanka’s ICT solutions industry, has been awarded the prestigious title of Best International Collaboration Company/Project of the Year 2024, in learning and development for the second consecutive t

Singapore-based Jungle Kitchen, which operates a women-led facility in Sri Lanka, was recognised as an advocate for the 2024 Summit for Action on Gender Equality (SAGE 2024) by the Singapore Council of Women’s Organisations (SCWO).

Cordelia Cruise Lines completed its second season of calls at the Hambantota International Port (HIP) in September 2024.

MillenniumIT ESP is proactively supporting Sri Lanka’s non-banking financial companies (NBFCs) in achieving compliance with technology-related regulations issued by the Central Bank of Sri Lanka.

SLASSCOM, the national chamber for the Knowledge and Innovation (IT&BPM) industry in Sri Lanka, recently handed over its strategic policy document titled ‘Igniting Knowledge, Inspiring Growth’ to the country’s leading presidential candidates: P

The Commercial Bank of Ceylon recently brought together a coalition of some of the biggest names is Sri Lanka’s agriculture sector to conduct an ‘Agri Modernisation Fair’ for farmers in the Vavuniya area and introduce the latest technologies av

Deen Brothers Imports Pvt. Ltd., (DBL) announced a new partnership with the Sri Lanka State Trading Corporation (STC) recently.

Sanasa General Insurance Company (SGIC) has entered into a strategic partnership with PMF Finance PLC to provide comprehensive insurance services to PMF Finance’s leasing customers.

People’s Bank officially inaugurated its Dharga Town Service Centre at a new location recently.

CleanCo Lanka Pvt Ltd, operating under the brand name ‘Drivegreen’ is a government-authorized vehicle emission testing company accredited as an inspection body under ISO 17020 standards. Drivegreen recently opened a fully equipped station in Nego

ATrad announced the launch of the ATrad Primary Dealer System, an innovative platform that sets a new standard for capital market operations.

The government announced yesterday (13) a series of tax relief measures for personal income taxpayers, set to come into effect from April 2025.

Digital Mobility Solutions Lanka Limited (PickMe) saw its initial public offering (IPO) oversubscribed within hours of its opening.