The German Import Promotion Desk (IPD) has scheduled its next sourcing mission in Sri Lanka in January next year, to identify small-scale food production companies, which have the potential to break into the European market.

The German Import Promotion Desk (IPD) has scheduled its next sourcing mission in Sri Lanka in January next year, to identify small-scale food production companies, which have the potential to break into the European market.

The ASPI closed in green as a result of price gains in counters such as Aitken Spence Hotel Holdings, Chevron Lubricants and Aitken Spence with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional

After several consecutive sessions of bullish market activity, the market participants opted to maintain a dull sentiment through the day, following the Rs.205.0 billion worth bond auction on Thursday, as the secondary market witnessed thin trading v

A small primary school in the Galle district has received a new classroom, its first new building in 89 years, with the support of Ceylinco Life.

The grand opening of the HP Victus Gaming Store is a testament to Sri Lanka’s growing prominence in the tech world. In a vibrant celebration of technology and style, The Technocity unveiled the HP Victus Gaming Store at laptop.lk, 401, Galle Road,

Janashakthi Life announced the exceptional success of ‘Nidahas Adahas’, a groundbreaking initiative that captured the imagination of young artists across the island.

This year, Just In Time Group expanded its ongoing commitment to Suwa Arana, Sri Lanka’s first paediatric palliative care centre, with initiatives aimed at supporting and uplifting young cancer patients and their families.

This year, Just In Time Group expanded its ongoing commitment to Suwa Arana, Sri Lanka’s first paediatric palliative care centre, with initiatives aimed at supporting and uplifting young cancer patients and their families.

This year, Just In Time Group expanded its ongoing commitment to Suwa Arana, Sri Lanka’s first paediatric palliative care centre, with initiatives aimed at supporting and uplifting young cancer patients and their families.

HNB Toastmasters Club (TMC), one of the leading corporate clubs in District 82, hosted its 21st Club Officer Installation Ceremony recently, at HNB Towers.

Abans PLC, in partnership with Haier, took steps to generously donate three units of Haier Residential Air Conditioners to the newly established extracorporeal membrane oxygenation (ECMO) unit at the Teaching Hospital Karapitiya, Galle, recently, as

Lanka Rating Agency Ltd (LRA) yesterday endorsed Central Bank of Sri Lanka’s newly introduced monetary policy framework, calling it a strategic move to foster economic growth and corporate expansion.

Fitch Ratings has assigned final National Long-Term Ratings of ‘A+(lka)’ to Asia Asset Finance PLC’s (AAF, A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to Rs.2 billion. The issue will consist of the fo

The listed companies reported some robust top and bottom-lines in the three months through September 2024 supported by cooler prices and lower interest rates which helped them to bring back more customers and stretch their margins, Capital Trust Rese

Sri Lanka has been selected as one of 20 countries to establish a World Bank Group (WBG) integrated office, set to open in July 2025, according to an announcement made by WBG President Ajay Banga yesterday.

The Commercial Bank of Ceylon has once again been assessed as the ‘Strongest Bank in Sri Lanka,’ taking its place in a global ranking published annually by TAB Insights, the global research and consulting subsidiary of TAB Global, the parent comp

The Central Bank shrugged off widespread concerns raised by many that the current deflation is going to be all bad.

People’s Bank reported total consolidated operating income of Rs. 75.4 billion and post-tax profit of Rs. 6.4 billion for the nine months ended 30 September 2024.

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and Lion Brewery with the turnover crossing Rs. 5.0 bn.

The secondary market yield curve experienced significant buying interest and heightened demand for traded maturities yesterday. Overall volumes remained moderate as buying sentiment persisted amidst the release of auction results.

Ambeon Holdings PLC, a diversified conglomerate reputed for its market dominance across sectors such as financial services, real estate, technology and strategic investments, made a significant strategic move in the financial services sector by acqui

Three fundamental rights petitions filed challenging the legality of business transactions involving LTL Holdings (Private) Limited were dismissed by the Supreme Court this week. The petitioners challenged the initial public offering (IPO) of LTL Hol

Evolution Auto Private Limited introduced its flagship electric motorcycle, Revolt RV400, at an exclusive launch event held on November 25, at Water’s Edge, Colombo.

Emirates has officially unveiled the very first Airbus A350-900 to join its fleet at an exclusive event showcase in Dubai.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, proudly announces its continued partnership as Gold Sponsor for the Kadella Art of Living 2024, reaffirming its commitment to innovation and excellence in home automation, and connecting cons

In a remarkable achievement that reflects both operational excellence and dedication, the NW Logistics and Management (Pvt.) Ltd fuel station, managed by Ninewells Hospital, has reached a significant milestone in fuel distribution.

A delegation comprising of the chairman of the Nepal Insurance Authority and members of the Life Insurance Association of Nepal, represented by CEOs and senior management of 10 life insurance companies in Nepal, visited Ceylinco Life recently.

In an effort to capitalise on the momentum of the rapid progress in debt restructuring, collective effort is key for supporting Sri Lanka’s success in this area, the International Monetary Fund (IMF) said.

The Supreme Court of Sri Lanka has dismissed three fundamental rights applications, Nos. 198/2024, 254/2024 and 263/2024, which challenged the opening of the initial public offering (IPO) of LTL Holdings Limited on the Colombo Stock Exchange.