In the context of the operations of businesses facing increasing threats from unforeseen developments, Classic Travel, the only travel agent in Sri Lanka to be open 24 hours and 365 days, recently obtained the ‘ISO 22301 Business Continuity Managem

In a momentous stride towards redefining travel experiences, Cinnamon Hotels & Resorts, Sri Lanka’s leading hospitality chain and Mintpay, the country’s first Buy Now Pay Later platform, announced their strategic partnership. This collaboration

Mackinnons Travels Private Limited (MTL) one of Sri Lanka’s leading end-to-end travel management companies and the outbound travel arm of John Keells Holdings PLC (JKH) has announced its exceptional range of leisure solutions, with an exciting line

HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI), yet again, secured spots among the prestigious Top 100 Most Valuable Brands in the country, according to the renowned Brand Finance and LMD Business Magazine. Lasitha Wimalaratne, CE

HSBC Sri Lanka, in its commitment to supporting local communities and fostering sustainable economic growth, this week announced its partnership with the Lanka Jathika Sarvodaya Shramadana Sangamaya (LJSSS), a development organization committed to em

Amana Bank announced that it has been recognized with multiple accolades at IFN Awards 2022, a leading awarding body that distinguish the best and leading players in the global Islamic finance industry based on their contributions in 2022. Hosted by

First Capital has triumphed as the ‘Most Valuable Consumer Brand in the Investment Banking Sector,’ at the esteemed ‘Brands Annual 2023’ edition by Brand Finance. This achievement marks the second consecutive year that First Capital has secu

Sanasa Life Assurance was honoured with the Sustainable Brand of the Year 2023 award at the National Award of Excellence 2023 organised by the National Award for Excellence-in-Mumbai, India. Many leading companies in all parts of the world received

DFCC Bank has recently launched DFCC Galaxy, making it the first-ever Sri Lankan bank to open a virtual branch in the Metaverse. With this new development, DFCC Bank has taken a pioneering step, setting a benchmark for innovation and digitalisation i

The State Mortgage & Investment Bank (SMIB) has announced the appointment of Joseph Soosaithasan as the new Chairman of the bank. Joseph’s appointment reflects SMIB’s commitment to ensuring stability and progress in delivering exceptional financi

Bank of Ceylon (BOC) was named the No.1 Banking Brand in Sri Lanka for the 15th consecutive year with the brand strength rating at ‘AAA’ by the Brand Finance Lanka in their publication of ‘Brand Annual 2023’ with Media Services Pvt Ltd (LMD).

JAT Holdings PLC, the market leader in wood coating in Sri Lanka, Bangladesh and the Maldives, has made its official entry into the African market in July by establishing a new entity called ‘JAT Paints Africa Limited’ in Kenya. This expansion wa

BBC: The International Monetary Fund (IMF) increased its forecast of how much the global economy will grow this year to 3 percent. The 0.2 percent improvement from April’s forecast was partly driven by increased post-pandemic travel.

During a recent press conference, Samagi Jana Balawegaya MP Harsha de Silva addressed the critical issues hindering Sri Lanka’s economic progress and outlined a vision for sustainable growth through a social market economy model. The press confere

The Sri Lanka Transport Board (SLTB) will launch a pilot project adding 50 electric buses to create an efficient and quality transport service, Transport State Minister Lasantha Alagiyawanna said. He said that the approval of the Cabinet has already

The Hambantota International Port (HIP) has increased its bunker supplies nearly six times the 2022 volumes in the current year. As of June 2023, the port has completed over 500,000 metric tonnes of oil and gas throughput, successfully achieving th

REUTERS: India’s Jio Financial Services, part of billionaire Mukesh Ambani led Reliance Group and U.S.-based BlackRock Inc will form a 50:50 joint venture to launch asset management services in India. The two companies are targeting an initial inve

A top delegation of Chinese investors, who completed a visit to Sri Lanka recently, said investment potential in the country remains ‘very high’, like in China during the 1980s and most of them would return with concrete ideas for investing in m

The yields at yesterday’s Treasury bill auction eased across maturities and the Public Debt Department (PDD) of the Central Bank raised over Rs.155 billion, selling bills. The three-month bill yields fell three basis points from the previous auctio

Tourist arrivals to Sri Lanka in the first 23 days of July topped the 100, 000 mark, the data released by Sri Lanka Tourism Development Authority showed.

Ambassador of Japan to Sri Lanka, Mizukoshi Hideaki recently emphasised the importance of Sri Lanka completing the International Monetary Fund (IMF) reforms and finalising debt restructuring negotiations for the economic recovery of the country.

The Cabinet nod has been granted to appoint an expert committee to study possible ways to restructure the Department of Sri Lanka Railways. Minister of Transport...

The Cabinet greenlight has been granted to enter into a loan agreement with the World Bank (WB) to secure US$ 200 million loan for the proposed social security project, which includes funding for ‘Aswesuma’....

The negotiations on the proposed Sri Lanka – Thailand Free Trade Agreement (SLTFTA) are on track for completion in February, next year. President Ranil Wickremesinghe...

UK-based global renewable energy developer Hive Energy yesterday raised the alarm over the imitation and misappropriation of Hive Energy’s corporate branding and logo in an effort to deceive individuals....

Sri Lanka Association of Software and Service Companies (SLASSCOM) recently welcomed Jehan Perinpanayagam as its new Chairman for the year 2023/2024. With a career spanning 26 years....

99x, a leading product engineering company, has announced significant additions and changes to its management team as part of its dynamic ‘Resetting and Rebuilding’ theme for the year 2023, targeting...

The Commercial Bank of Ceylon has been ranked as the strongest bank brand in Sri Lanka for the fourth consecutive year and the second strongest brand in the country overall by Brand Finance, the world’s...

Lassana Innovations, a subsidiary of Lassana.com (Pvt.) Ltd, marked a major milestone recently with the grand opening of the Treats of Ceylon shop at Bandaranaike International Airport (BIA). The Treats....

Centrum Marine Consultancy, the emerging leader in the provision of marine HR solutions in Sri Lanka, has entered its latest phase of rapid growth by unveiling its new headquarters ‘446 Centrum Haus’,...