Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘CCC-’ from ‘CC’.

Indices closed in green as a result of price gains in counters such as Commercial Bank, Sampath Bank and Melstacorp with the turnover crossing Rs. 4.4 bn.

The secondary market yield curve yesterday shifted slightly amidst mixed activities which were centered around mid-tenors.

Under the Union Bank School of Social Entrepreneurship (UBSSE), the bank announced the launch of its first initiative, the National Entrepreneurship Development Programme (NEDP), in partnership with the University of Moratuwa and the National Innovat

The Association of Public Finance Accountants of Sri Lanka (APFASL), the Public Sector Wing of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), showcased the pinnacle of financial reporting excellence in the public sector with the

The National Information Technology Conference (NITC) 2024, hosted by the Computer Society of Sri Lanka (CSSL), marked a pivotal moment in Sri Lanka’s digital journey.

Maheel Kuragama was recently appointed as Chairman of the State Mortgage and Investment Bank.

NDB Bank celebrates the exceptional performance of its Kotahena Branch, which has achieved a monumental milestone in the bank’s history.

The Sri Lanka-Korea Business Council of the Ceylon Chamber of Commerce (SLKBC) recently held its 29thAnnual General Meeting at the Ceylon Chamber of Commerce, with Miyon Lee, Ambassador of the Republic of Korea to Sri Lanka, gracing the occasion as t

At seminars and forums, one of the most frequent questions I encounter is: What traits set business leaders like Elon Musk, Steve Jobs, Jack Welch, Ratan Tata, and Richard Branson apart from the rest?

People’s Bank Kalpitiya Branch moved to a new location on recently.

Orion City has expanded its sustainable infrastructure with a fully operational 700 kW solar energy project at its Colombo 09 complex. This landmark initiative underscores Orion City’s commitment to Environmental, Social, and Governance (ESG) princ

Megakem Engineering has taken a pioneering step by signing an agreement with the National Apprentice and Industrial Training Authority (NAITA) to launch a Certification Programme for the National Trade Test in Waterproofing Technicians.

Pelwatte Dairy Industries Limited announced a special consumer offer for its 400g Full Cream Milk Powder (FCMP), which will be available at all Keells and Cargills Food City supermarkets in Sri Lanka throughout November and December 2024.

Lion Brewery (Ceylon) PLC, the leader in Sri Lanka’s brewery market, has unveiled a groundbreaking Rs.4 billion state-of-the-art craft beer innovation centre, marking a first for the country.

People’s Leasing & Finance PLC reported a topline income of Rs.12,676 million, resulting in a profit of Rs.1,566 million.

Cinnamon Hotels of the John Keells group, in partnership with the Swiss Hotel Management Academy (SHMA), this week officially launched the operations of its hospitality education initiative branded Cinnamon Hospitality Academy.

Sri Lanka’s efforts to rebuild its economy are opening new avenues for collaboration with India, with the blue economy identified as a high-potential area for mutual benefit, the Indo-Sri Lanka Chamber of Commerce and Industry (ISCCI) said.

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and Sampath Bank with the turnover crossing Rs. 5.2 Bn.

The Central Bank conducted the weekly T-bill auction yesterday, raising Rs.192.5 billion and fully accepting the total offered.

National Savings Bank showcased robust financial performance in the third quarter of 2024, propelled by the short-term advantages of liability repricing and a surge in fee-based income.

Aitken Spence PLC walked away with the coveted Grand Slam Award at the 21st Best Corporate Citizen Sustainability Awards organised by the Ceylon Chamber of Commerce, at the Cinnamon Grand Hotel Colombo on 3rd December.

DIMO Academy, the vocational training arm of DIMO recently announced a partnership with HomeServe Germany, a leading HVAC company offering installation, home repair, maintenance, and insurance services.

The Sri Lanka Export Development Board (EDB) in collaboration with Japan International Cooperation Agency (JICA) is focused on expanding Sri Lanka’s ICT/BPM sector by introducing local tech companies to the Japanese market.

Raffles Consolidated (Pvt) Ltd celebrated its 25th anniversary on December 1, 2024. To mark this momentous occasion, the company revealed a number of significant plans made to usher in a new era of growth in the coming years.

CEAT Kelani Holdings has won nine Golds and a Silver at the 2024 International Convention on Quality Control Circles (ICQCC), emphatically reaffirming the company’s obsession with quality improvement.

WSO2 has announced the addition of two executives: Jeff Paul and Isabelle Mauny.

Commercial Bank of Ceylon has been announced as the Official Banking Partner for the 38th edition of the Colombo Shopping Festival, the annual event organized by Aitken Spence Conventions & Exhibitions, a division of Aitken Spence Travels.

The Sri Lanka–Bangladesh Business Council (SLBBC) of The Ceylon Chamber of Commerce held its 1st Annual General Meeting (AGM) on November 28 at the Hilton Colombo Residence.