The Colombo Port City Special Economic Zone (SEZ) is rapidly establishing itself as a leading regional business hub in South Asia, offering a modern legal framework and a business-enabling environment designed for investors to thrive.

The Colombo Tea Auction this week had an offering of 5.7 million kilogrammes, which was met with less demand and often a declining trend in prices. The lower quality combined with less activity from the shippers to Iran and a cautious approach by th

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and LOLC Holdings with the turnover crossing Rs. 4.7 Bn. Crossings were witnessed in Hatton National Bank, Sampath Bank and CIC Holdings acco

The secondary market yield curve remained broadly unchanged, with thin trading volumes and subdued activity as the investors opted for a wait-and-see stance ahead of the upcoming bond auction scheduled for October 28, 2024, which will offer Rs.32.5 b

The Commercial Bank of Ceylon has joined the ‘Life to Our Coral Reefs’ initiative of the Sri Lanka Business and Biodiversity Platform popularly referred to as Biodiversity Sri Lanka (BSL), pledging the full weight of its support to an effort to c

Futureworld unveiled the iPhone 16 in Sri Lanka with all the pomp and flair one would expect from an Apple franchise. Colombo’s tech-savvy elite, along with Kandy’s trendsetters, gathered to witness the live unboxing, hosted by a group of popular

Cargills celebrated World Children’s Day at Sathutu Uyana, Viharamahadevi Park on October 1st, bringing together families for a day filled with joy and memorable experiences. The event featured several preschools from Colombo, Southern Province, G

Atlas has signed a Memorandum of Understanding (MoU) with the Department of Probation and Child Care Services under the Ministry of Women and Child Affairs recently, to extend the company’s commitment to the Atlas Sip Savi Scholarship Programme for

Demonstrating its dedication to environmental conservation, the David Pieris Group renewed its sponsorship of the hoardings displayed around Minneriya National Park for the 22nd consecutive year.

NDB Bank congratulates Nawaloka on their triumphant win at the NDB-MCA “C” Division 50-Over League Tournament 2024 Finals, held on the 29th of September 2024 at the Bloomfield Grounds, Colombo 7. With an impressive score of 265/8 in 50 overs, Naw

For those planning to host an event that truly stands out, Cosmic by Citrus offers a venue like no other. Located at the Colombo Lotus Tower, Cosmic by Citrus holds the title of South Asia’s tallest banquet hall, providing a unique setting for prod

Yatra - Inspired Living, an initiative by Ninewells, is redefining senior living in Sri Lanka with a blend of luxury, care, and community. Nestled in a serene, 20-acre natural setting, Yatra is designed for retirees seeking a peaceful yet fulfilling

LOLC Al-Falaah’s commitment to social upliftment and financial inclusion is integral to its journey. In a country where financial literacy remains a significant challenge, LOLC Al-Falaah has taken a pioneering step to bridge this gap through its in

Scybers recently announced that has it has successfully achieved the Google Cloud SecOps Delivery Partner Expertise designation for its global Security Operations Center (SOC) capability.

Hutch actively supports sustainable practices and is dedicated to protecting Sri Lanka’s natural eco system. This commitment was demonstrated through its recent Coastal Clean-Up 2024 at Wellawatte Beach, held in recognition of World Sustainability

Chatham Luxury Watches is celebrating the successful conclusion of yet another edition of the OMEGA Trophy from the picturesque fairways of the Royal Colombo Golf Club (RCGC). The highly-anticipated annual golf tournament returned for its 3rdrun on S

The Bottle Shop opened its doors to customers recently ushering in a new retail experience for Colombo dwellers.

The British High Commission in Sri Lanka expressed confidence that Sri Lankan authorities will soon address the terrorism threat, while reaffirming its support to the government.

The Sri Lanka Tourism Alliance yesterday sent a strong message to foreign embassies regarding travel advisories citing possible terrorist attacks, which could lead to serious setbacks for the local tourism sector.

Sri Lanka’s apparel sector posted strong growth in September 2024, with exports rising 19.06 percent year-on- year to US$ 396.73 million, driven by steady demand from key markets, official data shared by the Joint Apparel Association Forum (JAAF) s

People’s Bank has successfully concluded the BASEL III Compliant Tier 2, Unlisted, Rated, Unsecured, Subordinated Redeemable Debentures with non-viability write down to the extent required by the Central Bank of Sri Lanka (CBSL) by raising more tha

S r i L a n k a ’s f l e x i b l e w o r k s p a c e i n d u s t r y i s poised to witness a notable expansion in the coming months with The Executive Centre (TEC) announcing a US$ 750,000 investment to establish a new office space at the W

Overseas Realty (Ceylon) P L C r e c o r d e d a G r o u p Revenue of Rs. 5,499 million and a Group Profit Before Tax of Rs. 4,579 million for 9 months ending 30th September 2024.

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 4.7 bn.

The secondary market displayed a mixed sentiment throughout yesterday on the back of low volumes continuing the trend from the previous sessions.

SLASSCOM AI Asia Summit 2024 is set to return on November 5, 2024, as the premier event for AI enthusiasts, innovators and business leaders across Asia.

AIA Insurance announced its Platinum sponsorship of WCIC Prathibhabhisheka Women Entrepreneur Awards 2024 for the second consecutive year, following a successful partnership as the Gold sponsor in the inaugural year in 2022.

Union Bank recently signed a memorandum of understanding (MoU) with John Keells CG Auto, the authorised distributor of the BYD vehicles in Sri Lanka.

Feelo, the premier platform for discovering the best deals in Sri Lanka, has launched an AI assistant named AI Machan, powered by ChatGPT technology.

Aviation sector supported 27% of Dubai’s GDP in 2023, with an economic contribution of AED 137bn (US $ 37.3bn) – which is set to rise to almost a third of Dubai’s GDP by 2030.