The impact of digital transformation in business is overwhelming, driving businesses to be more competitive in local and international markets. Nevertheless, certain gaps in terms of technology transformation....

Expolanka Holdings PLC yesterday said it acquired a 100 percent stake in the US-based Trans American Customhouse Brokers LLC and its related companies (Trans American Group), for US $ 42.5 million.

Commercial Bank of Ceylon PLC reported subdued operating performance in the final three months of the 2022 financial year, due to sharply higher provisions against the possible bad loans and other financial assets and substantially higher operating c

Chevron Lubricants Lanka PLC, Sri Lanka’s lubricant market leader, saw its earnings halving in the final quarter of financial year 2022, as the firm experienced tepid growth in lube sales, while costs escalated.

The big beasts of the telecom industry kicked off their most important annual get-together in Barcelona yesterday, promising to lead a “tsunami of innovation”, as they try to shrug off a major slump across the technology sector.

Norfund, the Norwegian government’s investment fund, recently signed a US $ 14 million financing agreement with Sri Lanka’s Hela Apparel Holdings PLC, to bolster the development of its manufacturing operations in East Africa.

Against a backdrop of economic turbulence, Sri Lanka’s retailers are calling for urgent regulatory and policy overhauls, to support the industry in the current context, which would also provide more visibility on overall strategy at a macro level.

Uber, one of Sri Lanka’s leading ridesharing apps has announced a pilot with Sling Mobility, a global provider of platform as a service (PaaS) for building a smart EV ecosystem. As part of this pilot, Uber will onboard an electric two-wheeler fleet

Sri Lanka Insurance entered in to a strategic partnership with Senaro Motor Company Private Ltd. to provide a comprehensive motor insurance cover for customers purchasing aSenaro GN125 motorcycles.

Lanka IOC rewarded top performing Lube Distributors in Colombo recently with cash awards, along with trophy & certificate of merit basedon their performance during 2021-22.

Phoenix Industries was recently certified as a Great Place to Work, which is the global authority on a workplace culture that has certified thousands of companies in more than 60 countries.

Unicorn Factory is transforming the way budding Sri Lankan entrepreneurs are accessing knowledge that can fast track their entrepreneurial journey.

Fonterra, the long-standing provider of dairy products to people across Sri Lanka for over 40 years, recently opened its innovative ‘Fonterra Solutions Kitchen’, in Fonterra Brands Lanka’s main facility in Biyagama, equipped with the latest tec

Delmege Forsyth & Co Ltd, launched its newest product from its ever-increasing product portfolio in the form of a range of high quality LED bulbs.

The Diploma in Elevator Training was formed by Aitken Spence Elevators (Pvt) Ltd in collaboration with CINEC Campus with the intention of providing the vertical and horizontal transportation industry with knowledgeable and qualified personnel equippe

As Sri Lanka looks to push its digitalisation agenda, plans are afoot to present the Cyber Security bill in parliament this year.

In a bid to further facilitate investors through speedy approvals for investment projects, thereby easing the ease of doing business....

Ideal Motors recently delivered a range of ‘Combat All Terrain Vehicles’, which are specially designed for use on rough terrains and manufactured....

Nations Trust Bank PLC reported a strong performance for the three months to December 2022 (4Q22) as the lender booked higher....

Rental income increased while apartment sales weakened during the final three months of the year at Overseas Realty (Ceylon) PLC, reflecting....

Clarifying the article titled ‘Licenses yet to be issued for NVOCC agents under new category to resolve payment facility issue’ published....

Seylan Bank PLC reported some robust performance in the final three months of last year despite heavier provisions made against....

Ceylinco Life has reopened its busy Nugegoda branch after a complete refurbishment that improves customer facilities and service while....

People’s Bank, Sri Lanka’s premier licensed commercial bank, was recognised as one of the ‘The Next 100 Global Companies’ by the Global Banking....

National Development Bank PLC (NDB), Sri Lanka’s best bank for 2022, emerged within the Top 20 Employers List for 2023, compiled by the Association....

The AB Cash Management services entity, which is under AB Securitas (Pvt.) Ltd, a leading total loss prevention solutions provider in the country....

As the island nation has much to do to quench its thirst for foreign currency, President Ranil Wickremesinghe said plans are underway to make Sri Lanka a year-round tourist destination.

Leading software developing company IFS reached the 25-year milestone in operating in Sri Lanka yesterday, contributing significantly to the development of the ICT talent pool in the island nation.

Streaming giant Netflix has cut prices in more than 30 countries as it attempts to attract more subscribers. Prices have been cut in parts of Asia, Europe, Latin America, sub-Saharan Africa and the Middle East.

The Colombo district saw its Land Valuation Indicator (LVI) increase to 205.2 during the second half of 2022.