Ansell recently announced that Ansell Textiles Lanka, one of its manufacturing plants in Sri Lanka, has become its first facility to receive the ISO 50001:2018 certification. This significant accomplishment highlights Ansell’s commitment to incorp

PNB - a business process outsourcing (BPO) company serving clients in Australia, UK, USA, and NZ, has once again proven its excellence by securing three coveted awards at the National Business Excellence Awards 2023. Additionally, PNB has been honor

Aitken Spence PLC was ranked amongst the top 10 in the Most Respected of the nation’s most admired corporations for 2023. The annual ranking is by LMD through an exclusive survey conducted by NielsenIQ’s to gauge peer perceptions based on a weigh

Singer Sri Lanka - the leading consumer durable retailer has achieved a remarkable feat by being named the Most Valuable Consumer Brand-Retail by Brand Finance 2023. This recognition highlights the company’s unwavering commitment to maintaining bra

Sampath Bank PLC, Sri Lanka’s third largest private lender in terms of assets, saw its June quarter (2Q23) earnings soaring amid a sharp decline in impairment charges, the interim financial accounts released to the Colombo Stock Exchange showed. Th

Nations Trust Bank PLC (NTB) reported strong earnings for the quarter ended on June 30, 2023 (2Q23) amid a solid core banking performance and sharp reduction in impairment charges. The banking group reported earnings of Rs.10.41 per share or Rs.3.32

National Development Bank PLC (NDB) reported higher earnings for the quarter ended on June 30, 2023 (2Q23) and first half, as the bank was able to reduce the impairment provisions significantly from last year, which were made on the bank’s foreign

AFP: The BBC announced yesterday that it has sold its historic Maida Vale Studios to a group including the German film score composer and music producer Hans Zimmer. The site in northwest London, which was bought by the broadcaster in 1933, is a comp

Tourism and Lands Minister Harin Fernando yesterday emphasised the urgent need for a tourism policy that remains consistent despite changes in government or political leadership and called for its prompt presentation to the country.

JAT Holdings PLC, Sri Lanka’s market leader in wood coatings, witnessed a significant surge in revenue contribution originating from its operations in Bangladesh in the June quarter (1Q24), the interim financial accounts released to the Colombo Sto

The Minimum Room Rate (MRR) for city hotels that will come into effect by October 1 has tourism sector stakeholders divided on the overall outcome of the move. While one section expects....

During a recent high-level discussion at the Presidential Secretariat, President Ranil Wickremesinghe called for urgent and comprehensive plans to revitalise Sri Lanka’s gem and jewellery industry, aiming...

Sri Lanka Telecom PLC (SLT), the leader in fixed line telephony, reported losses in the June quarter (2Q23) amid weak top line performance, as its mobile arm Mobitel recorded revenue de-growth owing...

Commercial Bank of Ceylon PLC (ComBank), Sri Lanka’s largest private lender with an asset base of Rs.2.46 trillion, recorded positive earnings for the quarter ended June 30, 2023 (2Q23)....

Workers’ remittances to Sri Lanka have surpassed the US$ 500 million threshold for the second time since the pandemic, reaching US$ 541 million in July, according to data released by the Central....

Hatton National Bank PLC, Sri Lanka’s second largest private bank in terms of assets, reported higher earnings for the quarter ended June 30, 2023 (2Q23) on strong core banking performance and...

Heritance Negombo, a distinguished property under Aitken Spence Hotels portfolio, recently announced its strategic franchise partnership with Sentido of DER Touristik Hotels & Resorts....

India’s Adani Ports on Saturday said Deloitte’s reason for quitting as auditor of the company was “not convincing or sufficient to warrant such a move” and the global firm had all the necessary information....

DIMO, a leading diversified conglomerate and the sole authorised general distributor for Mercedes-Benz in Sri Lanka, has unveiled an exciting leap towards sustainable mobility with the introduction of the all-electric...

Hayleys Solar, the renewable energy arm of Hayleys Fentons, as the number one solar provider in Sri Lanka, has enabled Stafford Motors, one of the largest automotive dealers in the country, to achieve...

Kia Motors (Lanka) Limited has been awarded a Bronze in the advertising and marketing category for its website, which was relaunched earlier this year to better represent the brand’s....

David Pieris Motor Company (Private) Limited (DPMC) recently organised a special event at Pearl Bay, Bandaragama, to show appreciation to its dealers and distributors. The event was attended by more than....

Seylan Cards has partnered with several of Sri Lanka’s leading auto care providers such as U&H Wheel Service, DSI Tyres, Crown Tyres (Pvt.) Ltd, Universal Tyre, Prince Tyre Service, Ideal Motors....

Amana Bank continued its upward performance trend by recording a 2023 mid-year profit before tax (PBT) of Rs.802.8 million, reflecting a substantial growth of 44 percent in comparison to Rs.556.9 million...

BestWeb.LK, the prestigious annual event organised by the LK Domain Registry, proudly celebrates its 13th edition, recognising the outstanding achievements in web development within Sri Lanka. Amidst....

HSBC Sri Lanka has been recognised with four industry awards, further cementing its position as the leading international bank in the country. HSBC was named Best International Bank....

The Sri Lanka Shippers’ Council successfully conducted its 53rd Annual General Meeting at The Kingsbury Hotel recently and Sri Lanka Tea Board Chairman Niraj De Mel graced the occasion as the....

NDB Investment Bank Limited (NDBIB) secured the accolade of Best Investment Bank in Sri Lanka by the prestigious Asiamoney Magazine, for the seventh consecutive time. Despite the unprecedented....

Eagle Logistics Colombo organised a groundbreaking seminar on Incoterms and international payment terms at DHPL Auditorium, Colombo 2. Headlined by industry veteran Sean....

Manaco Marine, a prominent maritime recruitment and port agency services provider in Sri Lanka, has announced the signing of a memorandum of understanding (MoU) with Southern...