ChallengerX, marked Sri Lanka’s inaugural AI and Machine Learning-focused Incubator Programme emerging from a collaboration between IFS and Hatch. The programme came to a close with 2 out of the 6 selected teams winning over Rs.2 million in prizes

Former Nissan boss Carlos Ghosn has reportedly sued the carmaker for more than US$1bn. The filing marks Ghosn’s latest effort to clear his name after he was ousted from the firm in 2018....

Ceylon Motor Traders Association (CMTA) yesterday voiced its apprehensions regarding the fairness of the current import regulations and called for a more equitable one that takes into account the struggles...

Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history. Joseph Tsai, executive....

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft - the largest single purchase agreement by any airline in commercial aviation history. The deal, announced....

John Keells Group was recently awarded for its long-term initiatives in diversity, equity and inclusion (DEI). John Keells Holdings PLC was the recipient of the award ‘Organisation promoting....

As a final decision on domestic debt optimisation (DDO) is yet to be made, the government on Monday urged interested parties to refrain from making speculatory comments that undermine the stability....

The soon to be established Parliamentary Budget Office will provide an opportunity to uncover the reality of popular proposals in election manifestos, according to State Minister of Finance Ranjith....

The government on Monday ruled out a possible relaxation of the ban on vehicle imports this year due to possible negative impact on the country’s limited foreign exchange reserves and the overall...

Ceylon Motor Traders Association (CMTA) yesterday voiced its apprehensions regarding the fairness of the current import regulations and called for a more equitable one that takes into account the struggles...

Shareholders have approved the resolutions to delist four subsidiaries of Singapore-based Goodhope Asia Holdings Ltd, the holding company of Carson Cumberbatch PLC, at the Extra Ordinary....

In the backdrop of its positive performance trend, Amana Bank recently declared its 6th successive annual dividend, demonstrating the bank’s commitment to deliver long-term value to its shareholders. With this latest...

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Commercial Bank and National Development Bank with the turnover crossing Rs. 923 mn. Meanwhile, the S&P SL20...

The Engineering division of SriLankan Airlines continued its streak of firsts with the recent completion of a heavy maintenance check on a Cebu Pacific Air Airbus A330 (Trent 700), marking a foray into providing...

The Tourism Alliance in collaboration with USAID Catalyze recently felicitated 20 Sustainability Champions at a ceremony in Colombo. The Love Sri Lanka Sustainability Programme....

The Travel Agents Association of India (TAAI) is set to host its 2023 convention in Colombo, from July 6 to 9, at the invitation of the Sri Lanka Tourism Promotion Bureau (SLTPB). The 67th Convention....

The Culinary Art Food Expo (CAFE), the most comprehensive food and beverage exhibition in Sri Lanka, had its 18th edition this year, showcasing only the best of global cuisine in Colombo, hosted at the BMICH....

LOLC General Insurance (LOLCGI), the fastest growing motor insurer of the country, has announced a strategic tie-up with Stafford Motor Company (Stafford Motors), the sole agent for Honda vehicles....

A delegation from the Nepal Automobiles’ Association (NASA), the largest motoring organisation in Nepal for mobility and motor sports, headed by NASA Executive Director and FIA World Council member....

Singer Sri Lanka PLC, the leading retailer of consumer durables in the country, has partnered with Leader Group of Companies to be the official distributor for Riyelta batteries in Sri Lanka. The recently....

Sri Lanka Insurance Corporation (SLIC) recently entered into a strategic partnership with Toyota Lanka (Pvt.) Ltd (TLPL) to provide greater convenience for Sri Lanka Insurance Motor Plus...

Sri Lankan tech start-up CreativeHub Global has introduced the country’s first ever virtual influencer named ‘Chubs’.

The United States Agency for International Development (USAID) and Sri Lanka Tourism Development Authority (SLTDA) recently launched a sustainable niche strategy to “re-energise” the tourism sector.

RUETERS: The World Bank is likely to approve US$ 700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in

Sri Lanka will be able to improve trading with the United Kingdom as the new Developing Countries Trading Scheme (DCTS) came into force yesterday.

John Keells Group was recently awarded for its long-term initiatives in diversity, equity and inclusion (DEI). John Keells Holdings PLC was the recipient of the award ‘Organisation promoting equity/equality and diversity of the year’ at the “To

Nations Trust Bank PLC (NTB) yesterday announced the appointment of Charitha Subasinghe to its board as a Non-Executive Director of the Bank with effect from June 19, 2023. NTB said the Director, Bank Supervision of the Central Bank has approved the

Shareholders have approved the resolutions to delist four subsidiaries of Singapore-based Goodhope Asia Holdings Ltd, the holding company of Carson Cumberbatch PLC, at the Extra Ordinary General Meetings (EGMs) held yesterday.

Hatton National Bank (HNB) has announced the appointment of Vish Govindasamy to its board as an Independent Non-Executive Director with effect from June 16, 2023.