Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has deployed the world’s first commercial virtual Base Station Controller (vBSC) with Ericsson (NASDAQ: ERIC). This breakthrough deployment is set to enhance network performance and reliabi

Sri Lanka’s cargo clearance delays are a significant impediment to economic growth, the Ceylon Chamber of Commerce (CCC) stated in a recent report, calling for improvements in customs efficiency, inter-agency coordination, and increased use of tech

The Bank of Ceylon (BOC) announced the appointment of Kavinda de Zoysa as its new Chairman. de Zoysa, a career banker with over 30 years of industry experience and 25 years in management, brings proven leadership capabilities and strategic insight to

Premier blue chip John Keells Holdings (JKH) sustained growth momentum in the second quarter of 2024/25, with strong performances across its core businesses, despite challenges in the leisure sector.

Global tyre manufacturing giant Michelin has proposed the government in Sri Lanka to consider establishing a dedicated rubber manufacturing zone to boost local production of rubber related products.

Sri Lanka’s printing and packaging industry is set to expand further, with the Board of Investment (BOI) announcing a new investment venture worth US$ 3.5 million with SC Printing International, a longstanding Sri Lankan-origin company.

Indices closed in red as a result of price losses in counters such as Melstacorp, Hatton National Bank and LOLC Holdings with the turnover crossing Rs. 2.3 bn.

The secondary market yield curve saw a slight decline on the short to mid-end, driven by renewed buying interest following a period of subdued market activity yesterday.

OKLO Private Limited, a leading information technology solutions provider in Sri Lanka, bagged four awards at National ICT Awards (NBQSA) 2024, marking a significant achievement in the country’s landscape.

Lahiru Maduranga, General Manager Business Development at Sri Lanka’s second largest life insurer, Softlogic Life, has been appointed as the Country Chair for the Million Dollar Round Table (MDRT), the premier global association for financial profe

HNB PLC recently entered into a strategic partnership with H. T. Peiris Company to provide comprehensive tax advisory services to its SME and Business Banking customers.

The Chamber Of Young Lankan Entrepreneurs (COYLE) held its landmark 2024 Leadership Forum at Shangri-La Colombo recently, uniting thought leaders, entrepreneurs and visionaries to shape the future of business. Designed to inspire the next generation

Ceylinco General Insurance was honoured as the sole general insurer at LMD’s recent outstanding corporate awards, celebrating the magazine’s 30th anniversary.

NDB Bank accepted recognition at LMD’s 30th Anniversary Awards Night recently, at Cinnamon Life’s Lumina Ballroom, joining Sri Lanka’s top corporates celebrated for consistently securing top rankings across LMD’s annual listings, the LMD 100,

The seventh edition of the Colombo International Maritime and Logistics Conference will be held in Colombo from November 27 to 29, at Cinnamon Grand Hotel.

The Culinary Champions competition in the Hill Capital recently concluded with overwhelming success. Culinary Champions 2024 was held at Sahas Uyana, Kandy.

Investing is an essential part of financial planning, offering opportunities for growing wealth and financial security. Whether you’re a novice or a seasoned investor, understanding the fundamentals of investments and the stock market is crucial.

SriLankan Cargo, the cargo arm of SriLankan Airlines, has clinched the Silver award in the Airline Category at the recent National Logistics Awards, organised by the Sri Lanka Logistics and Freight Forwarders Association (SLFFA).

SLT-Mobitel, demonstrating a strong commitment to nurturing education and career development in Sri Lanka, partnered with EDEX Mid-Year Expo 2024 as its official ICT Solutions Partner.

DIMO Healthcare, DIMO’s healthcare arm, together with Siemens Healthineers, has once again demonstrated its commitment to further advancing cancer treatment in Sri Lanka by introducing the latest version of the Siemens CT Simulator, SOMATOM go.Sim,

Sri Lanka Telecom PLC has appointed Dr. Mothilal de Silva as the new Chairman of its board of directors, effective November 4, 2024.

The Export Development Board (EDB) has formed a new trade facilitation task force to address the challenges rising within Sri Lanka’s export value chain.

The Sri Lanka Tourism Development Authority (SLTDA) has joined forces with the Sri Lanka Institute of Hotel Management (SLITHM) to roll out a mobile registration service, aimed at supporting and officially recognising the tourism service providers ac

A vast majority of the development projects in Sri Lanka failed to achieve their objectives and ultimately have become a major source of the economic crisis that erupted in 2022.

The ASPI edged down as a result of price losses in counters such as Richard Pieris & Company, DFCC Bank and Commercial Bank with the turnover crossing Rs. 1.8 Bn. A similar behaviour was witnessed in the S&P SL20.

The secondary market witnessed a dreary session during the day as the market experienced a standstill on the back of very thin volumes.

The Colombo Tea Traders’ Association (CTTA), the apex private-sector body representing Sri Lanka’s tea trade, marked its 130th Annual General Meeting at the Shangri La on October 25.

NDB Bank announced its recent achievement at the National Best Quality Software Awards (NBQSA) 2024, where its pioneering platform, ‘TradeLink’ received national recognition for innovation in digital banking solutions.

LOLC Al-Falaah has reached an impressive milestone. It has become the first Non-Banking Financial Institution (NBFI) in the country to launch the ‘Wadi’ah Gold Storage Facility,’ offering alternative features to conventional gold loan products,

Shaameel Mohideen, Director/CEO of Spillburg Holdings (Pvt) Ltd was appointed as the President of the Sri Lanka – Nordic Business Council (SLNBC) for the period 2024/2025 at the 23rd Annual General Meeting held recently at Cinnamon Grand Hotel.