Citrus Leisure PLC announced the appointment of Suresh de Mel as Chairman of the board of directors along with Lalith Withana as an Independent Non-Executive Director to the boards of the group companies. De Mel will serve as Chairman of Citrus Leisu

DFCC Bank PLC reported some robust financial performance for the three months ended in March 2024, although the core banking performance is yet to contribute meaningfully to the bank’s bottom line. Releasing its interim report for the January-March

The ASPI closed in red as a result of price losses in counters such as Melstacorp, Commercial Bank and LOLC Finance with the turnover crossing Rs 2.2 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was

By First Capital Research The secondary market yield curve experienced a continued dip, reflecting a bullish sentiment as the auction yields sharply decreased in the recent bill auctions. With buying interest, short tenures 01.02.26 traded in the ra

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the launch of their latest Unlimited Blaster monthly plan, priced at Rs. 1299 and designed to deliver a truly boundless digital experience, reinforcing the Company’s commitment to

Seylan Bank is set to enable the anticipated International Industry Expo 2024 for the 2nd consecutive year. The expo, organised by the Industrial Development Board under the purview of the Ministry of Industries, will be held from the 19th of June t

The stock market serves as a barometer of a nation’s health, responding to various factors such as economic indicators, political stability, and overall consumer sentiment. Sri Lanka’s equity market has been showing signs of strength and optimism

National Development Bank PLC (NDB) reaffirms its commitment to excellence by being recognised as a ‘Company with Great Managers’ at the Great Manager Awards 2023. Hosted by the Colombo Leadership Academy for Leadership Excellence, this recognit

Emirates has reaffirmed its long-standing commitment to promoting tourism to Sri Lanka through a Memorandum of Understanding (MoU) signed with the Sri Lanka Tourism Promotion Bureau at Arabian Travel Market 2024 in Dubai. The MoU was signed by Ahmed

People’s Bank announced the re-launch of its SPARK Entrepreneurial Development Programme, aimed at bolstering young entrepreneurs and supporting the growth of small and medium enterprises (SMEs) throughout Sri Lanka. Initially launched in 2022, SP

LOLC Finance relocated its Wellawatta branch to its very own property at No 501, Galle Road recently. The opening ceremony was held on May 2nd, with the presence of Conrad Dias, Chairman of LOLC Finance PLC and Krishan Thilakaratne, Director/CEO of

The Indian High Commissioner to Sri Lanka Santosh Jha met with Dr. Benjamin P. Reye -, Secretary General of Colombo Plan and Rohan Masakorala - Lead Consultant of the Port of Colombo Capacity Building Project recently to discuss the priorities of Col

The National Chamber of Commerce of Sri Lanka in collaboration with the Department of Commerce, Sri Lanka will be conducting a seminar on “Country of Origin certification for Exporters and upcoming FTAs” on 16 May from 2.30 p.m. to 4.30 p.m. at t

Lipton Teas and Infusions on Tuesday announced it has agreed terms of a partnership which will result in the transfer of its tea estates in Kenya, Rwanda, and Tanzania to Browns Investments alongside an agreement that all tea sold by Browns worldwide

Khaled Nasser Al Ameri, UAE Ambassador to Sri Lanka met with the Board of Investment Chairman Dinesh Weerakkody and officials of both the BOI and Colombo Port City Economic Commission to discuss the current economic climate and investment opportuniti

Following discussions with vehicle importers, the government is focused on resuming vehicle imports in four stages, Finance State Minister Ranjith Siyambalapitiya said.

Underscoring Emirates’ commitment to boost tourism inflows across its network, the airline has reaffirmed its strategic cooperation with Sri Lanka Tourism Promotion Bureau.

Sri Lanka’s Browns emerges as the world’s top tea exporter, following a partnership agreement with Lipton Teas and Infusions.

Sri Lanka’s gross official reserves have continued to increase through the end of April topping the US$ 5.0 billion level for the first time since December 2020 when the country was coming out of the second wave of the virus outbreak.

The government yesterday said it will procure power from Adani Green Energy Limited wind power projects as it has decided to accept the last price of US$ 0.0826 ....

Sri Lanka’s paddy rice (un-milled) harvest output is projected to cross five million metric tons (MMT) next year after recording a partial recovery this year, according to the latest report published....

The Central Bank yesterday attributed the negative Employees’ Provident Fund (EPF) net contribution witnessed last year to the public skepticism about the economy’s....

Sri Lanka Tourism Promotion Bureau (SLTPB) is targeting to kick off the much anticipated 360 degree global public relation (PR) and digital campaigns from 25 May onwards....

Strengthening its commitment to service excellence, Sri Lanka’s leading private sector bank HNB PLC announced the successful achievement of the ISO 9001:2015 certification....

In order to unlock the complexities surrounding the dividends and their tax and legal ramifications, KPMG Sri Lanka Academy has organised an exclusive webinar....

Inqbaytor Technologies, a leading travel technology company, recently announced a groundbreaking achievement as the first travel platform in the country to be certified for Emirates Gateway....

In an alignment geared towards promoting sustainable energy adoption, People’s Bank and Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, recently signed a memorandum...

The last few months have seen tourism booming in Sri Lanka, with almost all hotels brimming with high occupancy. Although everything seems to be progressing well, over.....

In a bid to foster a climate-resilient economy, Amana Bank has partnered with the inaugural Code Red Sri Lanka Climate Summit 2024, as one of its sponsors. The summit....

Union Assurance, Sri Lanka’s premier Life Insurer, has entered into a strategic memorandum of understanding with Singer PLC, a leading retail company in the nation to be its....