Bally’s Colombo, a prominent name in the Colombo nightlife scene and a top destination for night entertainment, recently launched its new Very Important Person (VIP) Lounge named ‘Paiza’.

The Festival of Creativity 2024 is set to showcase and celebrate creative talent in Sri Lanka.

The Kelaniya Toastmasters Club hosted its highly anticipated fourth officer installation and new member induction ceremony on 27th July at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.

The healthcare arm of DIMO, also known as DIMO Healthcare recently installed the Siemens Healthineers 3 Tesla MRI Scanner at Jaffna Teaching Hospital. This enabled vital access to advanced healthcare technology for communities in the North region.

Abans has launched the newest range of Mibro smartwatch range, in August 2024.

Sri Lanka’s political and bureaucratic leaders should reassess the current debt sustainability plan with a fresh Debt Sustainability Analysis (DSA) to establish a realistic path out of the debt crisis, a top economist said, whilst also urging gover

Sri Lanka needs to resolve the elite bargaining problem in order to achieve debt sustainability and to chart on a sustainable growth path.

The Securities and Exchange Commission (SEC) of Sri Lanka has introduced new entry requirements and broadened exemptions for its certification programmes, aiming to enhance professional standards and accessibility in the capital market industry.

The Commercial Bank of Ceylon PLC has announced that it has successfully completed the largest rights issue to date by a bank in Sri Lanka, raising Rs. 22.54 billion to increase the Tier I and total capital of the bank to accommodate and facilitate f

Senior Banker Dilshan Rodrigo will takeover responsibilities as Union Bank’s new Director and Chief Executive Officer, effective today.

Sri Lanka Tourism is set to relaunch the National Tourism Awards, with the 7th edition scheduled for 2024, marking the return of a key event aimed at recognising excellence in the country’s travel and tourism sector.

Amana Bank mid-year performance in 2024 has outpaced its 2023 first half, with significant growth across multiple key metrics including profitability, advances, deposits, and total assets while also maintaining key health ratios such as CASA and Stag

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Ceylinco Insurance and Commercial Bank with the turnover crossing Rs. 776 mn.

The secondary market yield curve remained broadly steady during yesterday’s session amidst limited activities. Slight buying interest emerged on some mid tenors reversing the selling pressure that prevailed in the previous sessions amidst the spike

NDB Wealth Management Ltd, following its strategic collaboration with nVentures PTE Ltd, successfully hosted an exclusive educational workshop, ‘Startup Investing 101.’

Janashakthi Group announced the appointment of Dilshan Wirasekara as Deputy CEO.

Seylan Bank recently unveiled its 250th Seylan ‘Pahasara Library’ at St. Anthony’s Tamil Maha Vidyalam in Colombo 14, marking a significant milestone in its mission to enhance literacy and education across Sri Lanka.

Litro Gas Lanka announced significant developments in its supply and distribution network.

Associated Motorways (AMW), a name synonymous with excellence in the automotive industry, unveiled its latest innovation in tyre manufacture, the all-new range of AMW Katana tyres.

SriLankan Airlines, aiming to capture travellers’ attention with its safety protocols, has launched a brand-new onboard safety video featuring a range of Sri Lanka’s most mesmerising scenic locations.

The Business School of CA Sri Lanka held a special ceremony recently to welcome the fourth intake of its prestigious Advanced Certificate in Data Analytics Programme.

The Sri Lanka-Korea Business Council this week hosted a prolific panel discussion under the theme ‘Sri Lanka’s Future: Forecast, Scenarios and Challenges’, which delved into pressing topics concerning the country.

The Sri Lanka-Korea Business Council of the Ceylon Chamber of Commerce held a panel discussion on Wednesday at Hilton Colombo Residences.

The ICFS Education is hosting a University Spot Admission Session on August 17, where Sri Lankan students will have the opportunity to receive offer letters from York St John University and De Montfort University on the spot.

Sri Lanka’s private sector is quick to lament the brain drain and staff shortages but it seems that it is contributing to the problem by failing to offer salaries that support a decent standard of living.

The Free Trade Zone Manufacturers’ Association (FTZMA) has urged the Sri Lankan government to swiftly implement the proposed Asian Development Bank (ADB)-funded container-clearing yard in Kerawalapitiya, to mitigate the ongoing cargo delays at the

National Development Bank (NDB) posted a pre-tax profit of Rs.6.5 billion for the first half of 2024 (1H24), a growth of 58 percent, predominantly driven by the healthy net interest income.

A sharp drop in the provisions made for possible loans and other losses helped lift the profit at Hatton National Bank PLC (HNB) for the quarter ended in June 2024, as the company’s net interest income came under pressure, due to the faster decline

The Commercial Bank of Ceylon group, comprising of Sri Lanka’s biggest private sector bank and its subsidiaries and an associate, has reported gross income of Rs.163.12 billion for the six months ending June 30, 2024, a decline of 2.71 percent over