The Industries Ministry this week unveiled a new National Industry Policy along with a five-year strategic plan for 2023-2027, targeting a significant overhaul in outputs from the industrial sector.

The secondary market yield curve remained broadly stable, reflecting subdued activity and thin trading volumes across the market.

The Sri Lanka Export Development Board (EDB) announced that applications are now open for Presidential Export Awards (PEA) 2023/24.

UBION, a Korean edtech company, along with Korea International Cooperation Agency (KOICA), in partnership with Sri Lanka’s Tertiary and Vocational Education Commission (TVEC), recently hosted the Career Guidance Policy Workshop at Monarch Imperial

In a case before the Colombo District Court relating to a hire purchase agreement, the parties – the finance company and defendants, reached a significant settlement after agreeing to reduce the plaintiff company’s demand from Rs.2.4 million to R

The Board of Investment (BOI) announced this week the availability of land, owned by the agency and located outside the designated zones, to roll out the approved projects.

Renuka Hotels PLC, Renuka City Hotels PLC and Cargo Boat Development Co. PLC announced the appointment of new directors to the respective boards.

Adfactors Public Relations Lanka announced its first hat-trick victory at the illustrious SABRE South Asia Awards 2024, at Westin Hotel in Gurgaon, New Delhi.

Scybers Inc., the fast-growing global cybersecurity firm, announced that the Digital Innovation Fund (DIF),

Sarvodaya Development Finance PLC has achieved a historic milestone by being recognised as the number one company in its category according to the ranking report published by K Seeds Investments (Pvt.) Ltd.

The newest model of the Yadea electric bike series, Yadea Ossy, was unveiled at the Yadea -Abans Auto partners get-together, an event that was held to witness the newest products and technology of Yadea, while celebrating the best performers from the

People’s Bank Galkiriyagama branch was moved to a new location recently.

CameraLK, Sri Lanka’s leading camera retail giant, recently unveiled its brand-new CameraLK service centre at 244, High Level Rd, Colombo 05.

The ‘Diva Daathata Diriyak’ entrepreneurial skills development programme, organised by Diva, the flagship laundry care brand by Hemas Consumer Brands, in partnership with Women in Management (WIM), has continuously empowered women with the knowle

Norfolk Foods (Pvt.) Ltd, a pioneer in frozen food manufacturing in Sri Lanka, participated in THAIFEX ANUGA ASIA 2024, Asia’s leading food and beverage trade show, held in Bangkok, Thailand recently.

Stafford Motor Co (Pvt.) Ltd, the sole distributor for Honda in Sri Lanka, announced that Honda has won the prestigious title of ‘Most Loved Motorbike Brand’ in the automobile sector of LMD’s Brands Annual Ranking 2024.

Inflation in the Colombo district came in at 2.4 percent in July from a year ago, slightly higher from June’s 1.7 percent, as the favourable base effects are dissipating.

The banks will soon begin operations at Port City Colombo, now that the offshore banking regulations have been gazetted, paving the way for the area to become a major financial hub.

The Employees’ Provident Fund (EPF) received Rs.231 million for the loss it made in October 2011, due market manipulation with regard to the purchasing of shares of Laugfs Gas PLC.

The Central Bank of Sri Lanka yesterday released its inaugural Market Operations Report (MOR), with the aim of enhancing awareness and knowledge among the stakeholders on the monetary operations carried out by the financial sector regulator, in line

A major crisis has sparked at Sri Lanka’s Registrar of Companies Department, due to the severe shortage of staff, hindering the smooth functioning of the administrative tasks, with the maintenance of its e-ROC project.

Seylan Bank PLC appears to have stayed mostly on the sidelines without joining the lending drive, which the Central Bank so deliberately wants to reactivate by cutting rates, as it did as early as last week.

The construction sector activity continues to gather momentum with the index measuring its heft, touching the highest in 30 months. This gives hope that the sector is finally on a fast ascent, as the stalled and new projects are coming back.

Indices closed in red as a result of price losses in counters such as John Keells Holdings, Sampath Bank and Melstacorp with the turnover crossing Rs. 3.9 Bn. Crossings were witnessed in Overseas Realty accounting for 74.0% of the turnover.

The secondary market exhibited subdued sentiment yesterday, marked by thin trading volumes following yesterday’s T-bond auction.

In a landmark move, Health Insurer Softlogic Life settled its first claim through Artificial Intelligence (AI), signaling a huge move towards embracing the latest technology that will power the company’s processing ability, enabling substantial imp

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced the commencement of applications for the TAGS Awards 2024, celebrating excellence in corporate reporting for the 59th year.

The Chamber of Young Lankan Entrepreneurs (COYLE) hosted ‘The Big Lunch’ along with iLEAD International Academy and Centre for International Forestry Research and World Agroforestry (CIFOR-ICRAF); a groundbreaking event aimed at bringing together

HNB Assurance (HNBA) recently announced a strategic partnership with Cargills Bank, aimed at providing tailor-made insurance solutions that cater to the unique needs of their customers.