W M Mendis & Co Ltd, a Sri Lankan heritage brand with a unique footprint in the alcohol industry for over 70 years, recommenced operations recently, with an outreach that provides immediate economic empowering for over 15,000 farmers in the country.

Pan Asia Banking Corporation PLC saw subdued profits in the three months to September (3Q22), on massive provisions against possible bad loans, currency depreciation impact and compression in margins, amid the rising funding cost and muted growth in

Sri Lanka will be taking steps to increase revenue from tobacco by imposing a tax on beedi.

Recording another quarter of sound financial performance in a challenging economic backdrop, diversified conglomerate Sunshine Holdings posted consolidated revenue of Rs. 24.9 billion....

Sri Lanka’s premier printing and packaging solutions provider, Aitken Spence Printing was awarded the Platinum Trophy 2022 for Overall Winner with the most number of awards, four Gold and two Silver....

Lankem Ceylon PLC, a diversified conglomerate with interest in the areas of agriculture, consumer products, hotels, industrial chemicals, industrial flooring, decorative paints, printing....

National Development Bank PLC (NDB) joined the ‘Sri Lanka Welfare Society of The Blind’ to commemorate ‘International White Cane Day 2022’. The bank donated...

Vidullanka PLC, a pioneer in the renewable energy industry in Sri Lanka, yesterday said it has won a bid for an engineering, procurement and construction (EPC) contract from the Republic of Guyana, to build two mini hydropower plants, with a total ca

Cheering the season with great savings and joy, SLT-Mobitel has partnered with Daraz’s 11.11, the largest online sale and shopping festival of the year to provide exclusive offers and bigger....

Lankem Ceylon PLC, a diversified conglomerate with interest in the areas of agriculture, consumer products, hotels,

National Development Bank PLC (NDB) joined the ‘Sri Lanka Welfare Society of The Blind’ to commemorate ‘International White Cane Day 2022’.

Cheering the season with great savings and joy, SLT-Mobitel has partnered with Daraz’s 11.11, the largest online sale and shopping festival of the year to provide exclusive offers and bigger rewards.

Sri Lanka’s premier printing and packaging solutions provider, Aitken Spence Printing was awarded the Platinum Trophy 2022 for Overall Winner with the most number of awards, four Gold and two Silver at the Sri Lanka Packaging Awards ‘Lanka Star 2

Recording another quarter of sound financial performance in a challenging economic backdrop, diversified conglomerate Sunshine Holdings posted consolidated revenue of Rs. 24.9 billion for the six months ending 30 September 2022 (1HFY23), an increase

The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about the current standing of the local retail sector. “If the retail sector

Ahead of today’s budget presentation, the government yesterday disclosed plans to prop up State expenditure by 29.2 percent to provide relief to the economically-battered population....

Sri Lanka Telecom PLC (SLT) saw its profits declining in the three months ended September 30, 2022 (3Q22) due to sharply rising costs stemming from a bevy of factors including the sharp fall in the value...

Sri Lanka’s national average rice yield hit a nearly 50-year-low last ‘Maha’ season largely driven by the ill-conceived import ban on chemical fertiliser and agrochemicals. Its aftereffects....

Taipei-based business conglomerate VeriWell Technology Co. recently opened its office in Colombo. VeriWell Technology operates in the areas of solar power, restoration of monuments and cultural....

Sampath Bank PLC saw its profits declining in the September quarter (3Q22) after the bank was continuously compelled to make massive provisions against possible bad loans and other financial assets....

Hatton National Bank PLC reported higher profits in the September quarter (3Q22) despite having to provide billions for possible bad loans and muted growth as the bank managed to navigate through....

AMW, a wholly-owned company of Al-Futtaim based in UAE, which provides some of the world’s most-recognised automotive brands, services, and mobility solutions to customers, said it has begun....

CFA Society Sri Lanka, part of the worldwide network of CFA Institute member societies that lead the investment profession globally, announced the appointment of Aruna Perera, CFA as its 10th President...

The 29th Annual General Meeting (AGM) of the Sri Lanka Association of Airline Representatives (SLAAR) was held recently at The Kingsbury Hotel Colombo. The event was....

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a virtual webinar on ‘Budget Highlights 2023 –Analysis of Tax Proposals and Impact on Business, Economy and Society....

The Ceylon Institute of Builders (CIOB) has organised a seminar on ‘Resolving Current Issues in the Construction Industry’, which will be held on November 15, 2022, from 4:30 p.m. to 6:30 p.m., at Sri Lanka....

PMF Finance PLC, which has been navigating a new path to future growth and success since 2019, has now crossed another notable milestone. To align the company’s identity with its transformational.....

Allianz Insurance Lanka Limited has announced that Alan Smee has assumed duties as Chief Executive Officer (CEO), Country Manager of the Company, with effect from November....

Commercial Bank of Ceylon recently launched a Middle Management Development Programme to enhance the skills and competencies of employees in this segment and to enable them....