Indices closed in green as a result of price gains in counters such as Hayleys, Sampath Bank and Hatton National Bank with the turnover crossing Rs 4.1 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Com

By First Capital Research The secondary market witnessed heavy buying interest at yesterday’s session, resulting in a dip in the yield curve, following the T-bond auction held yesterday. The buying appetite centred largely on the belly of the curv

This report is compiled based on the forum ‘Women in Tourism: Advocate, Engage, Achieve’, organized by the Sri Lanka Tourism Alliance (SLTA) in collaboration with Australia’s Market Development Facility (MDF). The forum served as a platform to

Tokyo Cement Group recently hosted their top-performing dealers to the Annual Dealer Convention 2024, held at the Cinnamon Grand Colombo. City Hardware & Stores – Jaffna, Ancheneyer Cement & Hardware Dealer – Batticaloa, National Trading Stores

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, and Telin, the international arm of Telkom Indonesia, have signed a new Master Service Agreement (MSA) whereby Telin will exclusively provide Managed Services for international A2P SMS traffi

HNB PLC recently entered a strategic partnership with Micro Cars Limited to offer benefits and exclusive offers to customers intending to purchase vehicles from Micro Cars. Under this partnership, customers purchasing PROTON SAGA, SAIC ALMAZA and TIG

Toyota Lanka (Private) Limited recently hosted its 16th Annual Dealer Convention to honour and recognize the outstanding contributions of its 500 authorized partners nationwide. The convention served as a platform to acknowledge the pivotal role pla

The recently held Seylan Kedella Construction Expo 2024 came to a successful conclusion, with several of the latest trends and innovations in Sri Lanka’s construction and home decor industries on display. With a footfall of over 12,000 attendees,

In partnership with key vehicle dealerships in the Kohuwela area, DFCC Leasing launched its Mega Leasing promotion on the 22nd of March, across multiple prominent locations. The promotion provides very competitive rates of Rs. 1,699 for every Rs. 10

Prime Lands Residencies PLC achieved a significant milestone with the ground-breaking ceremony of ‘The Colombo Border,’ a project poised to redefine urban living. With Phase I of the project nearly sold out, the company is now launching Phase II

In a major boost to Sri Lanka’s coffee industry, Sri Lanka’s Regional Plantation Companies (RPCs) said they are aiming to expand the current coffee cultivation to 10 percent of the total land extent. This will be rolled out over time, as part of

Sri Lanka’s Jetwing Hotels is eyeing to venture into coffee production with its own brand, after having entered into small-scale coffee cultivation. “We are also looking at how we can produce our own coffee as a company but also how we can work

The United Nations Development Programme (UNDP) Sri Lanka and Colombo Stock Exchange (CSE) signed a memorandum of understanding (MoU) to establish a partnership aimed at leveraging Sri Lanka’s capital markets for sustainable financing. This collab

Port City Colombo, CHEC Port City Colombo (Pvt.) Ltd and the Sri Lanka Export Development Board (EDB) yesterday announced a new partnership, which would attract export-oriented businesses to the special economic zone. A memorandum of understanding w

Sri Lanka’s apparel industry saw its revenue cross the US$ 1 billion mark in the first quarter (1Q24) with exports expanding by 7.7 percent in March.

While Sri Lanka’s economic landscape has undergone significant changes, one thing that remains unchanged is the passion....

The Central Bank of Sri Lanka sounded optimistic about Sri Lanka witnessing stability on multiple fronts, provided that the ongoing ambitious reforms and economic adjustments underpinned by the Extended Fund Facility (EFF) programme of the Internatio

Kicking off the March quarter banking sector earnings, Pan Asia Banking Corporation PLC reported robust financial performance and said they are seeing demand for loans....

SriLankan Airlines has transformed aircraft maintenance with the recent integration of AMOS, a next-generation enterprise resource planning (ERP) solution for aircraft engineering...

PGP Glass Ceylon PLC reported some modest top and bottom-line performance in the three months ended in March 2024.The top-line saw rising in the double digits reflecting pick up...

Malaysia’s Capital A Berhad (Capital A) and AirAsia Group Sdn Bhd (AirAsia Group), the newly incorporated entity that will eventually be the holding company of AirAsia X Berhad (AirAsia X), announced....

Ranjith Obeyesekera/K-Hart International has been named as a finalist in the AusSpace24 Australian Space Awards for Research and Development Project. The AusSpace24....

The Sri Lanka Foreign Ministry organised a visit for ambassador designates to the Hambantota International Port (HIP). Sri Lankan ambassadors....

Damen Shipyards Group, best known as a designer and builder of ships, is launching a pilot project exploring the circular approach to retiring and recdycling end-of-life vessels. The project ...

X-Press Feeders, the world’s largest independent feeder carrier, announced its triumph as the recipient of the #1 Feed Operator Award at the Colombo Ports Awards 2024, underscoring....

After a break of more than two weeks, the Houthis from Yemen struck back at ships towards the latter part of last week. The militants took aim....

In today’s dynamic global landscape, adherence to robust standards plays a key role in ensuring product quality, fostering cross-border trade, and safeguarding public health and....

Official records suggest that over 1.1 million Sri Lankans have left the country in 2022 with a monthly average of about 94,000 while only 27.6 percent of total departures have left for foreign...

AgriFI, the European Union (EU)-funded agriculture financing initiative, managed by EDFI Management Company, announced a US $ 3 million loan to Sarvodaya Development Finance....

The demise of Prema Cooray is a great loss to the tourism industry in Sri Lanka. His passion for the industry was known by all. An individual who never hesitated to take a lead role in addressing....