Singer (Sri Lanka) PLC reported some turnaround performance in the quarter ended in March (4Q24) setting the company up for a continuous growth as the consumer demand....

Seylan Bank PLC announced the appointment of Justice Buwaneka Aluwihare, PC, who is set to assume the role of Chairman of the Board, effective from 29 May 2024. The transition....

A small business located in Dematagoda stitching Buddhist flags to cater to the demand for the product this week as Sri Lanka....

Softlogic Life posted a Gross Written Premium (GWP) of Rs. 7.2 billion during the first three months ending 31st March (1QFY24), and a top-line growth of 20 percent compared...

The average prime lending rate, the rate at which banks lend to their big corporate clients for a very short period, continued its weeks-long descent and ended at 9.65 percent, very close...

The Emirates group reported the best ever financial performance for the 2023/2024 financial year, with a record profit of US $ 5.1 billion, up 71 percent from last year, a record revenue...

The United Nations Conference on Trade and Development (UNCTAD) and government of Barbados will organise the first Global Supply Chain Forum in Barbados from....

MMAG Holdings Bhd’s wholly-owned subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has entered into a partnership with Supreme Global Holdings (Private) Limited, to collaborate....

At a time at every forum it is mentioned that exports are the way forward to cure Sri Lanka’s economic downfall, National Export Strategy (NES) of Sri Lanka 2018-2022 was developed in alliance....

Port City Colombo reiterated its capacity in providing opportunities to a diversity of companies to upscale their businesses within the property development and key thrust sectors....

Pointing at safety standards recommended by Singapore’s Transport Safety Investigation Bureau (TSIB), Sri Lanka’s shipping industry stakeholders urge the Sri Lanka Port Authority...

CIPM Sri Lanka, the nation’s leader in human resource management, will conduct the grand finale of the Great HR Debate 2024, the flagship corporate debating challenge, alongside....

Sri Dalada Maligawa, also known as the Temple of the Sacred Tooth Relic, in partnership with People’s Bank’s CSR brand ‘Mahajana Mehewara’, has launched the Buddhist Welfare Scholarships....

The Cabinet’s recent decision to grant permits for importing passenger transport vehicles under the Sri Lanka Tourism Development Authority marks a significant step forward for the....

CINEC Campus Management and Social Sciences Faculty Dean Prof. Lalith Edirisinghe has been conferred upon with a Chair Professorship by the Dalian Maritime University (DMU)...

Fitch Ratings assigned Seylan Bank PLC’s (A-(lka)/Stable) proposed Sri Lankan rupee-denominated, Basel III-compliant subordinated debentures of up to Rs.10 billion an expected National...

NDB Bank reaffirms its commitment to sustainability by actively participating as a cosponsor in the inaugural Sri Lanka Climate Summit organised by the Ceylon Chamber of Commerce...

The U.S. Embassy in Colombo is set to host a satellite event of the Indo-Pacific Business Forum (IPBF), under the theme ‘Driving Sustainable Development in the Ports Sector....

Sri Lanka welcomed over 46,000 international tourists for the first 12 days of May, a drop in momentum due to the start of the off peak season.

The International Monetary Fund (IMF) this week commended the progress achieved by Sri Lanka thus far in rolling out the economic reforms, the majority of which have been rather painful to the general public.

State run Ceylon Electricity Board (CEB) for the first quarter ended 31 March (1Q24) has recorded a profit of Rs. 88.3 billion, which is a 349.8 percent change when compared with the Rs. 35.3 billion loss recorded in the corresponding period in 2023.

The Colombo Tea Auction saw 5.5 million Kgs offered this week, which was met with good demand.

Sancharaka Udawa 2024, a mega travel and tourism event, kicked off at the BMICH yesterday. The event, held over two days from 17 to 18 May, brought together Sri Lanka’s tourism industry stakeholders on to one platform.

Chinese authorities have unveiled their most significant steps yet to address the crisis that has been dragging on the country’s property sector in recent years.

The partnership between India’s PhonePe and Lankapay enabling Unified Payments Interface (UPI) payments in Sri Lanka is set to earn US$1.1 billion from Indian tourists this year.

REUTERS – Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China that could be processed within the country, part of a strategic shift by Elon Musk, according to people with knowledge of th

With the persistent selling interest enticed during the past two trading weeks eased off during yesterday’s session, as selling interest resurfaced on the secondary market.

The ASPI closed in green as a result of price gains in counters such as C T Holdings, Dipped Products and John Keells Holdings with the turnover crossing Rs. 1.2 bn.

Sri Lanka’s first and South Asia’s largest oceanic finfish farm, ‘Oceanpick’ has become the only farm in the Indian subcontinent to earn the Aquaculture Stewardship Council (ASC) Tropical Marine fin-fish certification for offshore farming.

The WCIC Sinhala and Tamil Avurudu Udawa and Eid Festival, powered by DFCC Aloka, concluded last month, showcasing the vibrant spirit of Sri Lankan culture and providing a platform for women entrepreneurs to shine.