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Thu, 28 Nov 2024 Today's Paper
The 29th National Bartenders Competition 2024 has successfully completed its regional qualifying rounds, setting the stage....
Singhagiri (Pvt) Ltd has re-launched its online shopping site to provide an optimal user experience for its customers...
Sri Lanka is slowly coming out from the severe challenges it faced since 2020, however President Ranil Wickremesinghe....
Laugfs Power PLC has kicked off efforts to build a 10MW ground mount solar power plant in Hambantota. The company....
Dipped Products PLC (DPL) announced the launch of the EVPRO Glove - the first ever product specifically....
Amana Bank was recognised with an award for Best Common ATM Enabler (Category C) at the recently held....
SOZO Beverages Pvt Ltd announced its strategic partnership with International Distillers Ltd (IDL) recently. With its handpicked....
Locally assembled vehicles will come under focus come 18 June as over 200 domestically value added vehicles will be paraded....
The World Bank is out with its latest port ranking and predictably ports in Southeast Asia continue to dominate....
DFCC Bank announced the launch of a ground-breaking new loan product, ‘DFCC Garusaru Hybrid Personal....
Samsung Sri Lanka announced an exclusive discount on the Galaxy A05 where customers can purchase the mobile....
Acknowledges authorities have been holding extensive discussions and says there is strong expectation that agreements with external commercial creditors will be reached soon.
The overall auction offerings increased this week and totalled 6.2 million kilogrammes, from 5.8 million kilogrammes the previous week. There was less demand and an irregular trend in the prices. The Ex-Estate offerings too recorded an increase ov
Fitch Ratings has affirmed Sri Lanka-based Hatton National Bank PLC’s (HNB) National Long-Term Rating at ‘A(lka)’. The Outlook is Stable. At the same time, Fitch has affirmed HNB’s Sri Lankan rupee senior unsecured debt at ‘A(lka)’. The
Commercial Bank of Ceylon PLC (COMB) has been affirmed a National Long-Term Rating of ‘A(lka)’ by Fitch Ratings. While the Outlook is Stable, Fitch has also affirmed the bank’s subordinated debt at ‘BBB+(lka)’ and proposed subordinated deb
The Culinary Art Food Expo in Sri Lanka is back again for the 18th consecutive time. Culinary Art Food Expo 2024, held at the BMICH till June 9, covers food pr
Capital Alliance (CAL) marked a significant milestone in Sri Lanka’s financial landscape, with the launch of CAL Online 2.0. The latest addition to the upgraded platform is Instant Buying Power for equities, facilitated by the integration with Just
Lankem Ceylon PLC, an importer and distributor of chemicals, namely agro-chemicals, industrial chemicals, bituminous products, consumer products and paints, this week announced that plans are underway to establish a fertiliser plant in the Anuradhap
In a landmark decision, Parliament of Sri Lanka has approved the long-awaited Electricity Bill, marking a significant milestone in public sector reform. The Ceylon Chamber of Commerce (CCC), which has been advocating for this change for the past few
The ASPI edged up as a result of price gains in counters such as Commercial Bank, Nations Trust Bank nonvoting and Hatton National Bank nonvoting with the turnover crossing Rs 1.2 Bn. Meanwhile, the S&P SL20 closed in green. High net worth and instit
The secondary market experienced a day of mixed sentiment characterised by limited activity and thin trading volumes. Selling interest was evident in the short to mid-tenure bonds, particularly those maturing in 2026, such as the 01.02.26, 15.05.26
Renewing its commitment to Sri Lankan youth with the gift of hope, Brandix Apparel conducted its Manusathkara Thilina programme for the eighth consecutive year, presenting 16,349 children of the Brandix family, vital school essentials, including stat
First Capital Holdings PLC, in collaboration with Habitat for Humanity Sri Lanka, announced the successful completion of their CSR project aimed at providing access to safe and dignified housing for underprivileged families in the Bope-Poddala Divisi
In the dynamic landscape of the transformer industry, where innovation meets expertise, two industry giants, Lanka Transformers Ltd and APAR Industries Ltd, have forged an alliance that promises to redefine standards and elevate benchmarks. This all
Abans, in partnership with Cleantech, organised a beach clean-up event at the Wellawatte beach recently, in commemoration of the World Environment Day. Themed ‘Extending Loyalty to the Environment’, the project is a demonstration of the organisa
A visit to Istanbul, Turkey, one of the world’s most historically and culturally significant cities and a travel enthusiast’s dream, became a reality for five Sri Lankan families recently courtesy of Ceylinco Life, the country’s largest life in
CameraLK, the leading camera retail giant in Sri Lanka, has been appointed by Sony Electronics as the official distributor for the Maldives. This partnership marks a significant milestone in CameraLK’s expansion and reinforces its position as a pre
In celebration of the World Environment Day, Aitken Spence Hotels reaffirms its unwavering commitment to sustainability with the planting of 2,000 trees across its properties in Sri Lanka, the Maldives, India and Oman. This ambitious initiative not o
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening yesterday, heralds a new
As the government prepares to resume vehicle imports later this year, one of Sri Lanka’s oldest automobile companies, United Motors Lanka (UML) PLC, has indicated that it has become less reliant on vehicle imports due to its robust assemb
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