Street Burger - home of Sri Lanka’s original gourmet burgers - is now in Nawala, and celebrating the opening of its 4th branch in the country. This new restaurant opening comes as part of the homegrown chain’s continued expansion across the isla

NDB Bank reaffirms its commitment to the development of sports and empowering the next generation by partnering with Royal Rugby as the Event Sponsor for the Royal College Rugby Season for the third time. The partnership underscores NDB’s dedicati

As the “Performance Partner” for the recently concluded Asia Rugby Men’s Division 1 Tournament, First Capital initiated a volunteer clean-up programme after each match to ensure the stadium was cleaned and to promote the habit of maintaining ti

In commemoration of World LPG Day 2024, Litro Gas Lanka Limited reaffirmed its dedication to driving social, environmental, and economic transformation through the promotion of clean energy. This year’s celebration themed ’’Showcasing and Cele

Indices closed in red as a result of price losses in counters such as Dialog Axiata, Commercial Bank and Hatton National Bank with the turnover crossing Rs 1.2 Bn. High net worth and institutional investor participation was noted in John Keells Holdi

By First Capital Research The secondary market yield curve remained broadly stable, reflecting subdued activity and thin trading volumes across the market. Among the traded maturities, 01.05.27 and 15.01.28 were seen trading at 10.60 percent and 11.

Cargills announced the launch of its newly redesigned ‘Go Green’ bag, now available at all Cargills Retail stores. Cargills was the first to introduce reusable bags in the sector with the original Go Green bag in 2007. The redesigned Cargills Go

Sri Lanka was able to let out a sigh of relief yesterday with the Internal Monetary Fund (IMF) announcing the approval of the second review under the Extended Fund Facility (EFF) programme which will release US$ 337 million.

Repeating the message conveyed over the last couple of months, the Finance Ministry yesterday expressed confidence in Sri Lanka firming up the agreement in principle soon, noting it’s in the “final stages”.

The government is set to establish 25 District Industries Promotion Councils covering the entire island in support of local Micro, Small and Medium Industries (MSMEs).

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the launch of the Smart Vehicle Tracker, an innovative, cost-effective smart vehicle tracking solution that utilises 4G LTE technology for worry-free vehicle and fleet monito

The app-based mobility company PickMe opened new branch offices in Jaffna and Anuradhapura last week, six months after it l

Prof. E.A. Weerasinghe, the esteemed Vice Chancellor of NSBM Green University, has been awarded the prestigious Most Outstanding Citizen 2024 (MOC Awards) by Lions International, in recognition of his exceptional contributions to society.

Sri Lanka is set to introduce a more stable and predictable tariff system from next year, following the Cabinet of Ministers’ approval of a new tariff policy this week. The approval was granted

Prime Group has announced the relocation of its Galle branch to No. 66, Havelock Road, to a more strategically positioned and technologically advanced space. The move marks a si

Sri Lanka’s advertising industry experienced an unprecedented surge of inspiration as the Four A’s Advertising Festival took place recently, welcoming over 650 participants. Hosted at Taj Samudra,

All Money or Value Transfer Service (MVTS) providers are required to be registered with the Central Bank from June 3 and will be

The Cabinet of Ministers earlier this week gave approval for the preparation of a new bill to amend the Consumer Affairs Authority (CAA) Act of No.9 of 2003. Based on the

The International Monetary Fund (IMF) Executive Board approving the second programme review, failed to cheer the Colombo Stock Market yesterday as investors appeared to have shrugged off anything coming out from the multilateral lender.

To appreciate and admire the best performance in the Indian operation for the year 2023 (24 years in India and today consists of 100 Damro showrooms in the Indian operation), over 250 Indian nationals participated in the grand event. The event was he

Nations Trust Bank (NTB) American Express and Crazy Jets, a leading online travel company and part of Inqbaytor Technologies, the preeminent innovator in Sri Lanka’s travel technology space, recently announced a strategic partnership

E.A.D. Janitha Priyashantha has been appointed as Acting CEO/General Manager of RDB Bank, with effect from June 6, 2024. Prior to his new appointment, he served as Chief Internal Auditor of RDB Bank. Priyashantha, a

Ratnapura International Gem and Jewellery Exhibition 2024 will be held from June 29 to July 1, 2024, at the prestigious Grand Silver Ray hotel in Pelmadulla, for the very first time. The exhibition is organised and presented by the National Gem and

The packaging arm of Vallibel One PLC, Unidil Group of Companies, which offers the best and ideal packaging solutions of corrugated cartons and paper sacks for local and export industries, once again displayed its prowess by clinching top

In its annual report for 2023, Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) announced a record-breaking revenue of Rs.38,376 million, AASL Chairman Eng. Athula Galketiya said. He told the media

A top-level delegation from Pudong visited the Board of Investment (BOI) on Monday to explore the opportunities for investme

People’s Bank declared open a cash deposit machine (CDM) at the Economic Centre, Keppetipola. People’s Bank Badulla Assistant Regional Manager W. Muthugala, Keppetipola Branch Manager Pragitha De Silva, the bank officials and customers participat

Indices closed in red as a result of price losses in counters such as Sampath Bank, National Development Bank and Hayleys with the turnover crossing Rs. 1.8 bn. High net

The secondary market witnessed moderate volumes backed by high investor participation post the year’s biggest T-Bond auction which was held yesterday. Influenced by the Bond auction, there was notable buying interest centred on s

The approval of the IMF’s second review for Sri Lanka will pave the way for stronger policies and sustainable growth, said State Minister of Finance Shehan Semasinghe.