The secondary market yield curve witnessed significant buying interest across the board, particularly during the morning session of trading.

LOLC Finance PLC marked a strong first half of profitability and growth for the six months ended September 30, 2024.

SITREK Group, as a leader in innovation and modernisation, plays host to the Digital Evolution Seminar on November 27 and 28, 2024, at The Studio, Cinnamon Life.

The Department of Finance of the Faculty of Management Studies and Commerce (FMSC), University of Sri Jayewardenepura (USJ), launched its new postgraduate programme, the Master of Applied Finance, on November 2, 2024, at the Securities and Exchange C

Transco Travels, an innovative destination management company in Sri Lanka and a subsidiary of Transco Holdings, recently unveiled its new, state-of-the-art office premises, centrally located at 41 Janadhipathi Mawatha, Colombo 1.

Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, announced its Silver award win at Dragons of Sri Lanka, part of the esteemed Dragons of Asia 2024, for its flagship campaign ‘Live a Life Full of Light’.

DIMO launched the ‘Mahata Wahina Wasi Wassa’ initiative to empower farmers by offering free laptops, tabs, electric bicycles and overseas travel opportunities with each Mahindra tractor purchase.

Renowned business personality Kasturi Chellaraja Wilson recently joined the Board of Trustees of OrphanCare, which is an initiative introduced to avoid a second abandonment for orphan children as they transit from their childcare homes to adulthood.

The Colombo Stock Exchange (CSE) has renewed its partnership as the Platinum Partner of CFA Society Sri Lanka for the eighth consecutive year, reinforcing a shared commitment to promoting ethical standards, education and professional excellence withi

Sri Lanka’s tourism sector is facing growing challenges as some foreigners appear to be taking advantage of the country’s relaxed visa policies.

With an aim to boost FDI flows into the country while fostering inter-regional trade among SAARC nations, Sri Lanka’s Board of Investment (BOI) is exploring the creation of country-specific industrial parks tailored to the needs of SAARC nations.

The government has planned to compile a detailed report on loans taken by Small and Medium-sized Enterprises (SMEs) across the country to help create relief measures for the businesses struggling with debt.

A default by Ceylon Electricity Board (CEB) would lead to severe service disruption, with the entity accounting for about 73 percent of generation capacity at end-2023, rating agency Fitch said.

The scheduled restructuring of Sri Lanka’s Board of Investment (BOI) into three new entities under the Economic Transformation Act (ETA) is facing delays and may even be shelved by the incoming government, according to top lawyer.

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, Richard Pieris & Company and C T Holdings with the turnover crossing Rs. 4.2 bn.

Yesterday’s T-Bond auction raised Rs. 132.5bn, yielding full acceptance across both maturities offered. The 01.05.2028 bond closed at a weighted average yield rate of 11.63%, whilst the 01.10.2032 bond closed at a yield rate of 12.32%. Meanwhile, C

Fonterra Co-operative Group Ltd yesterday provided an update on its work to explore potential divestment options for its global consumer business as well as integrated businesses Fonterra Oceania and Fonterra Sri Lanka. CEO Miles Hurrell said, follow

Prime Lands (Pvt.) Ltd has made a resounding mark on the global stage at World Business Outlook Awards 2024 in Thailand.

Amana Takaful Insurance launched its inaugural Executive Edge forum at Shangri-La Colombo, bringing together industry leaders from the financial services sector and key life insurance clientele.

Seylan Bank recently upgraded its mobile banking app to include Sinhala and Tamil language options, further enhancing customer ease and satisfaction.

The South Asian Federation of Accountants (SAFA) celebrated the region’s finest achievements in financial reporting at the 2023 Best Presented Annual Report Awards hosted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) in Colo

Janashakthi Life celebrated the grand opening of its newly relocated Medawachchiya branch, enhancing service accessibility for the customers.

Chevron Lubricants Lanka PLC (Chevron Lanka), the company that markets and distributes Caltex-branded lubricants, announced its collaboration with Uber in Sri Lanka.

Union Bank recently organised an Exporters’ Forum for its valued customers across Zone 2, including participants from branches in Kandy, Kurunegala, Anuradhapura, Dambulla, Narammala, Gampola, Kegalle and Nawalapitiya. The forum provided a platfor

The Colombo Stock Exchange (CSE) and U.S. Agency for International Development (USAID) together with SLASSCOM and FITIS, recently hosted a forum titled ‘Unlocking Value via Capital Markets and Funding Options for the IT Sector’.

AIA Insurance took Children’s Day celebrations to new heights with a first of its kind immersive life-sized ‘Snakes and Ladders’ game at Havelock City Mall, engaging over 3,000 visitors. This interactive event not only entertained but also deli

In the journey to becoming a savvy investor, it is essential to grasp the various aspects of how stock markets operate and what opportunities are available to both companies and investors.

Ambewela recently relaunched its butter, a move designed to align its premium dairy offerings with the evolving needs of consumers.

Mitel is represented by its long-standing partners Metropolitan Technologies (Pvt.) Ltd and Hayles Fentons Ltd Mitel, the market leading unified communications provider, chose Sri Lanka to hold its Annual Partner Conference in the region.

Sri Lanka is expected to rank among the world’s fastest-growing travel destinations in 2025, with tourism spending forecasted to increase by 40 percent, according to the 2024 WTM Global Travel Report, published in partnership with Tourism Economics