The 99x Group has emerged as a leading force in the global tech landscape, with seven companies from Norway, Malaysia, Sri Lanka, Brazil, and Portugal uniting to strengthen its position in product engineering services, IT consulting, and web solution

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and Sampath Bank with the turnover crossing Rs. 3.9 bn.

At the Rs. 145.0bn weekly T-Bill auction held yesterday, the CBSL fully subscribed to the entire offered amount. The 3M T-Bill received the highest demand, leading to an oversubscription, while CBSL accepted Rs. 53.2bn of 6M T-Bill. In contrast, the

Kicking off the banking sector earnings for the September quarter, Pan Asia Bank PLC showed that they can now afford to set aside only a little for possible loan losses as the rates ease and the economy improves, gradually enhancing the borrower prof

National Development Bank PLC (NDB) has been named as Sri Lanka’s Best Bank for Corporates at Euromoney Awards 2024, highlighting the bank’s unparalleled commitment to supporting businesses across various sectors. The Euromoney Awards are known f

PMF Finance PLC announced the appointment of Prof. Ajith Medis as the new Chief Executive Officer, effective immediately.

The Best Workplaces for Women 2024 list has been unveiled, marking a key step in promoting gender equality and inclusive workplace cultures in Sri Lanka.

Commercial Bank of Ceylon Chairman Sharhan Muhseen and Managing Director/CEO Sanath Manatunge recently accepted the Best Bank in Sri Lanka award presented to the bank by Global Finance magazine on the sidelines of the IMF/World Bank annual meetings i

Sysco LABS recently announced its partnership with the FastTrack Summer Internship Programme for 2024, in collaboration with John Keells Holdings and Brandix.

ACL Cables PLC, the pioneer in fire-retardant PVC cable technology in Sri Lanka, announced its association with the New Fire-Retardant Cable Standard SLS 733 initiative as the promoter who has vigorously and unceasingly campaigned for the formulation

SLT-Mobitel is set to redefine digital home experiences with the introduction of its ‘Fibre To The Room’ (FTTR) solution, making homes smarter.

Scanwell Logistics Colombo, in partnership with the Sri Lanka Sub-Aqua Club (SLSAC), completed its first ocean cleanup at the SS British Sergeant wreck site that had accumulated debris and pollution, posing severe threats to marine life and the overa

Cambio Sri Lanka, a fully-owned subsidiary of Cambio Healthcare Systems AB, headquartered in Stockholm, Sweden and a leading provider of enterprise e-healthcare solutions, announced its sponsorship of an ocean strainer installation at the Wellawatte

Varsity Battles 2024, organised by the Securities and Exchange Commission of Sri Lanka and Colombo Stock Exchange, successfully concluded its Cluster 1 competition recently at the South Eastern University of Sri Lanka. The overall winner for Cluster

The Sri Lanka Convention Bureau (SLCB), an entity under the Finance, Economic Development, Policy Formulation, Planning and Tourism Ministry, successfully concluded the Cultural Triangle Hoteliers Training Programme on meetings, incentives, conferenc

Sri Lanka surpassed last October’s total tourist arrivals within the first 27 days of this month, indicating the potential for a double-digit growth trajectory.

Sri Lanka’s tourism sector called the recent travel warnings ‘overblown’, asserting that the country remains a safe destination, with the authorities having implemented measures to address the potential security concerns.

WindForce PLC has signed an agreement for the engineering, procurement and commissioning of a 366-kilowatt peak rooftop solar power project on Cocoon Island in the Maldives, the company said in a disclosure to the Colombo Stock Exchange.

The second edition of signature Culinary Champions 2024 in Kandy is set to witness a more than threefold increase in competitors, as the culinary industry aligns with the event’s goal of boosting tourism by showcasing unique cuisines from the Hill

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Browns Investments and National Development Bank with the turnover crossing Rs. 4.4 Bn. A similar behaviour was witnessed in the S&P SL20.

The secondary market experienced a notable reversal in investor sentiment as modest buying interest emerged after a week of sustained selling pressure.

The Ceylon Chamber of Commerce, in collaboration with the Sri Lanka–Greater Mekong Business Council (SLGMBC), recently concluded a successful business promotion mission to Thailand from 16th to 19th October.

Freight Forwarding and Logistics company CL Synergy Limited (CLS) celebrated 20 years of operations in September this year.

Assetline Finance Limited (Assetline Finance) recently announced the appointment of Mano Rajakariar as Independent, Non-Executive Director of the Company.

HNB PLC announced the return of its ‘Oba Venuwen Api’ Microfinance Grant for 2023/24, disbursing Rs. 5.2 million to 52 selected microfinance entrepreneurs.

Haycarb PLC announced that its 2023/24 Annual Report has been honoured with two awards at the 38th International ARC Awards, headquartered in New York.

The Chairman of Commercial Bank of Ceylon PLC Sharhan Muhseen and the bank’s Managing Director/CEO Sanath Manatunge recently held discussions with the Governors of the Central Banks of Bangladesh and the Maldives on the sidelines of the annual meet

New Anthoney’s Group recently announced that its feeds business has been awarded the ISO 22000:2018 certification, reflecting its commitment to delivering high-quality, safe, and sustainable feed solutions that support the growing needs of the poul

The Securities and Exchange Commission of Sri Lanka (SEC), in collaboration with the Colombo Stock Exchange (CSE), conducted an Investor Forum in Matale at The Grand Mountain Hotel recently.

In just 60 months, DirectPay has accomplished an extraordinary 1000x growth, solidifying its position as a leading player in the Sri Lankan fintech space.