With Sri Lanka’s atmosphere dominated by campaigns rhetoric and statements leading up to the pivotal presidential election this month, President of the Ceylon Chamber of Commerce Duminda Hulangamuwa urged political parties to refrain from making f

Fitch Ratings has assigned DFCC Bank PLC’s (A-(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed green bonds of up to Rs. 2.5 billion a final National Long-Term Rating of ‘A-(lka)’.

The Cabinet this week approved a strategic framework aimed at revitalising Sri Lanka’s fisheries sector. The proposal, presented by the President and Minister of Fisheries, outlined a plan to position the industry as a key economic driver. The stra

As part of the South-South collaboration initiatives, Connect to Care and Global Health Strategies in partnership with the BOI Sri Lanka hosted a discussion aimed at exploring opportunities between India and Sri Lanka. The event brought together priv

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, Sampath Bank and Commercial Bank with the turnover crossing Rs. 1.1 bn.

The secondary market witnessed a subdued trading session yesterday, with limited trading activity and volumes ahead of the Rs. 152.0bn T-Bill auction scheduled for today, as uncertainty surrounding the upcoming election weighed on market sentiment.

Aitken Spence Hotels announced the takeover of the management of Rainforest Ecolodge, the first classified ecolodge in the country.

In conjunction with the celebration of the Eighth National Insurance Day on September 1, the Insurance Association of Sri Lanka (IASL) announced the commencement of Insurance Awareness Month 2024, which will take place from September 01 to 30.

In its latest rating review carried out in August 2024, Fitch Ratings Sri Lanka has upgraded Amana Bank’s National Long-Term Rating from BB+(lka) to an Investment-Grade Rating of BBB-(lka), with a Stable Outlook.

WEConnect International, with support from the U.S. Embassy, hosted a Supplier Development Masterclass and Supplier Diversity and Inclusion Roundtable in Colombo.

In keeping with its vision of fostering the growth of Sri Lanka’s dairy sector, Browns Pharmaceuticals recently collaborated with DFCC Bank PLC and Market-Oriented Dairy (MOD) through its innovative ‘Kiri Wyawasabhiman’ loyalty programme.

United Motors Lanka PLC is proud to announce the appointment of Mr. Jonathan Alles as an Independent Non-Executive Director. Mr. Alles brings with him a distinguished career in banking, having served as the Managing Director/Chief Executive Officer o

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has announced an exclusive collaboration between its premier loyalty programme, Dialog Club Vision, and Cinnamon Hotels, designed to offer members exceptional dining experiences as well as fi

Rooted in the lush landscapes and green hills of Sri Lanka, the Ceylon Tea brand stands as a legacy that solidifies the island’s global reputation as one of the world’s finest tea producers.

The tourist arrivals in August fell furthest away from the target seen so far during the year, according to the provisional data released by the Sri Lanka Tourism Development Authority.

The newly inaugurated Ceylon Chamber of Coconut Industries (CCCI) has warned that the current coconut supply is insufficient to meet both the local and growing export demands, due to the significant challenges faced by the sector.

The newly inaugurated Ceylon Chamber of Coconut Industries (CCCI) said it is planning to establish a separate online coconut auction, in a bid to break the monopoly mafia held by the current coconut auction operated by the Coconut Development Authori

To fulfil Sri Lanka’s long-standing ambition of becoming a wealthy nation within a single generation (defined as 25-30 years), the incoming president should propel the nation forward by surpassing several industrial revolutions to achieve prosperit

Hemas Holdings PLC announced the appointment of Thusitha Perera as an Independent Non-Executive Director, effective September 1, 2024.

The town of Ella in Sri Lanka is set to witness a new development in tourism infrastructure, as the Board of Investment (BOI) has signed an agreement with the local company Nature First Resort & Spa Limited to build a new hotel in the tourist region.

Indices closed in red as a result of price losses in counters such as Commercial Bank, LOLC Holdings and Hatton National Bank with the turnover crossing Rs. 615 Mn.

The secondary market yield curve saw a slight uptick on the belly of the curve as selling pressure emerged on the mid tenures.

Colombo West International Terminal (CWIT) in the Port of Colombo has marked a significant milestone with the arrival of the first batch of 5 automated CRMG cranes.

CFA Society Sri Lanka and CFA Society Hong Kong announced an upcoming webinar titled ‘Navigating Global Uncertainty: A US-Sri Lanka Perspective.’

A1 Real Estate is consolidating its growth initiatives as it continues to expand its influence in the Sri Lankan real estate market.

Medcube USA LLC announced the release of Version 1.0 of CLAUDMD, their latest Medical Billing Software, which integrates Patient Management (PM) and Electronic Health Records (EHR). The launch took place recently at MedCube’s Colombo office.

The 32nd Annual General Meeting of the Sri Lanka – Pakistan Business Council (SLPBC) was recently held, graced by Major General (R) Faheem Ul Aziz, HI (M)High Commissioner of Pakistan in Sri Lanka, Admiral Ravindra C Wijegunaratne, High Commissione

The ‘Beyond Limits’ convention organized by Singhagiri & Samsung was held recently at Hotel Blue Water Hotel in Wadduwa.

Singapore FinTech Festival (SFF) 2024 will be back for its 9th edition from 6 to 8 November, preceded by the Insights Forum from 4 to 5 November.

Sri Lanka’s largest utility service provider, Ceylon Electricity Board (CEB), is taking significant strides towards sustainability by adopting green energy solutions.