Sri Lanka plans to wrap up negotiations on the proposed Indonesia-Sri Lanka Preferential Trade Agreement (ISLPTA) by December with hopes to seal the same by March 2025.

As banks’ results for the June quarter roll in, Union Bank of Colombo PLC reported solid growth in loans, a notable shift for a bank historically conservative in its lending, even during the best of economic times.

Diversified conglomerate CIC Holdings PLC kicked off the first quarter of 2025 financial year (1Q25) with significant improvements in its earnings from the corresponding period of the previous year with topline growth seen in all business segments.

The tenders for the public relations campaigns and six-month digital campaigns targeting key source markets have been completed, with the campaigns set to officially kickstart next month, Sri Lanka Tourism Promotions Bureau (SLTPB) announced yesterda

The highly anticipated Sri Lanka Tourism App, the first national app developed for the sector, will be launched as an information application by September this year.

Sri Lanka will implement the National Climatic Spatial Data Development Project in collaboration with Singapore-based start-up ProClime Pte.

The ASPI closed in green as a result of price gains in counters such as Richard Pieris & Company, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 582 mn.

Seylan Bank has expanded its comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables.

The secondary market witnessed continued sellinginterest from the previous session whilst selected maturities slightly edged higher during yesterday.

Engineering firm Luminex PLC secured the tender to clean up the Kankasanthurei cement factory complex by collecting iron and other metal parts.

S G Actuarial Consultancy Founder and Managing Director Saroja Gunatilleke recently won the prestigious 45 Under 45 Leadership Excellence Platinum Award 2024 awarded by the Global CEO Forum.

This September, the Great Place to Work FOR ALL Regional Conference will return, promising a day of inspiring discussions and valuable insights. Scheduled for September 10, 2024, from 8:00 a.m. to 5:30 p.m., at Grand Ballroom, Hilton Colombo, the eve

The Condominium Developers Association of Sri Lanka (CDASL) successfully held its 10th Annual General Meeting (AGM) recently, at the Board Room of the Ceylon Chamber of Commerce.

Hemas Hospitals, Sri Lanka’s Most Loved Healthcare Brand according to LMD, has positioned itself as Sri Lanka’s most awarded, internationally accredited hospital chain that provides accessibility to high-quality, affordable and convenient healthc

WindForce PLC is ceremonially inaugurating the 10 MW Kebitigollewa Solar Power Project today.

The Ceylon Chamber of Commerce launched its landmark policy document Vision 2030, designed to steer Sri Lanka towards sustainable and inclusive development by 2030.

Bilesma Natural, a leading 100 percent natural Sri Lankan beauty care products manufacturer, has expanded its operations by unveiling its first-ever store recently, conveniently located at 296, High Level Road, Nugegoda.

Unidil Group of Companies, the packaging arm of Vallibel One PLC and leader in packaging solutions for local and export industries in Sri Lanka, has once again demonstrated its excellence by winning 10 Gold awards at National Convention on Quality an

Citi reaffirmed its commitment to advancing client understanding on digitisation by hosting a knowledge sharing session themed ‘Seamless Digitisation Through Citi’s API Capabilities’ recently.

Sri Lanka ranks among the top three countries in the Asia-Pacific (APAC) for cyberattack vulnerability, with nearly 35 percent of internet users affected in the first seven months of the year, according to the cybersecurity provider Kaspersky.

In an effort to ensure international visitors do not face inconvenience in obtaining the relevant permits to enter Sri Lanka,

While the court decision was made for the Immigration Department to revert to the earlier ETA, SLT-Mobitel is “geared up and ready” to resume operations, the Sri Lanka Tourism Development Authority (SLTDA) said.

Hayleys PLC, Sri Lanka’s largest public listed diversified conglomerate, reported an economic value creation of Rs.150 billion, parallel to delivering progress on its sustainability targets over the last financial year (FY2023-24).

Chevron Lubricants Lanka PLC reported a mixed financial performance for the second quarter of 2024 (2Q24), with significant contractions in earnings and revenue, yet notable gains in operating profit and a strong first half performance.

Fitch Ratings has assigned Hatton National Bank PLC’s (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to Rs.12 billion a final National Long-Term Rating of ‘BBB+(lka)’.

The move to resume imports sparked strong criticism from the local producers, who argued that the country is self-sufficient to fully cater to the local demand for eggs, even during the festive seasons, albeit at a higher price than what the governme

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and Sampath Bank with the turnover crossing Rs 863 Mn.

The secondary market yield curve slightly edged up on the belly as selling pressure emerged on the mid tenures amidst moderate volumes.

Introducing yet another 1st for Sri Lanka, DFCC Bank announced the launch of a new feature to its online banking platform that allows customers to download their Advance Income Tax Certificates directly.

DIMO, the Authorized General Distributor for Mercedes-Benz in Sri Lanka marks a new era in the luxury vehicle market with the Mercedes-Benz EQ range.