Govi.ai, a leading innovator in agricultural internet of things (IoT) solutions, presented a very successful programme at the recent Future Harvest Exhibition held at the Bandaranayake Memorial...

In a celebration of tradition and community, Mercantile Investments hosted the islandwide event ‘Mercantile Awurudu Ganudenu’ on April 15, 2024. The event brought....

Maharaja Foods Limited announced the appointment of Imran Furkan and Melanga Doolwala as Non-Executive Independent Directors. Founded by the visionary...

Fitch Ratings has affirmed CBC Finance Ltd’s (CBCF) National Long-Term Rating at ‘BBB+(lka)’. The Outlook is Stable. The rating....

The recently unveiled ITC Hotels backed the highly debated Minimum Room Rate (MRR) regulation imposed on Colombo City hotels, citing that it serves the purpose of maintaining and elevating....

Fitch Ratings has affirmed HNB Finance PLC’s (HNBF) National Long-Term Rating at ‘BBB+(lka)’. The Outlook is Stable. The agency has also....

Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15th April 2024. Subhani....

The government has been sitting on an expert committee report on how to permit oil palm cultivation in identified Mahaweli areas and other areas, without deciding for nearly five months. According to the Agriculture and Plantation Industries Ministry

Sri Lanka’s efforts to attract and leverage international investment into the exploration of oil and gas have once again been gridlocked by legal challenges in the Court of Appeal.

The Ceylon Chamber of Commerce (CCC) yesterday said it recognises the digital economy as a key enabler for Sri Lanka’s economic growth acceleration. National Digital Economy Strategy 2030, recently published by the Technology Ministry, provides a

BBC: TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. “ByteDance doesn’t have any plans to sell TikTok

SriLankan Airlines, the national carrier of Sri Lanka and Air Seychelles, the national airline of the Republic of Seychelles, have embarked on a codeshare partnership, ushering in seamless travel to multiple new destinations throughout Asia, Africa a

At the Colombo Tea Auction, the offerings declined to 4.6 million kilogrammes this week that was met with fair demand.

The closure of roads in connection with the visit of the Iranian President days ago, without prior warning during the evening rush hour, caused major traffic blocks and incensed the public. At some points, traffic was at a standstill for nearly an ho

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Hatton National Bank and Aitken Spence with the turnover crossing Rs 4.1 Bn. A similar behaviour was itnessed in the S&P SL20. High net worth and institutional i

The secondary market yield curve narrowly edged down after yesterday’s session, as buying interest extended in the market for the second consecutive day, with the investors gradually gaining confidence on the macro front. On the short end 2026 mat

NDB Bank announced the winners of its “Salli Ratin, Thagi Apen, Remittance Avurudu Wasiya,” aimed at incentivizing the use of Western Union for foreign remittances. After an exciting promotion period from 5th March to 10th April, the lucky winne

Advancing a commitment to women’s health and sustainable practices, Femography by MAS embarked on a mission to combat period poverty by donating over 10,000 reusable period wear items to vulnerable communities across Sri Lanka. Launched in commemo

Close to 950 people received free medical consultations and diagnostics services recently, as Ceylinco Life kicked off its ‘Waidya Hamuwa’ (Meet the doctor) community programme for the 18th year with four medical camps. The first four medical cam

Dompe Rotary Club recently donated food items and dry rations parcels worth Rs. 375,000 to twenty five pregnant women from Dompe , Diyaparagolla areas at a Service Project held at the Diyaparagolla Maternity Home. The  Dompe Rotary Club and Methsav

Dr. Mahathir Mohamad, Malaysia’s longest serving Prime Minister was a guest on ‘Talking Foreign Affairs’ with Adil Cader. . Talking Foreign Affairs is an international start-up initiative focused on educating young people to play an active ro

LG introduced a groundbreaking advancement in HVAC technology—the Multi V i, in collaboration with Abans Central Air Conditioning Department. This state-of-the-art Variable Refrigerant Flow (VRF) system represents a fusion of advanced engineering a

El Toro, a brand committed to sustainability, announced its ‘Good News Calendar’ initiative recently. The activation was implemented in collaboration with Softlogic GLOMARK, where individuals were asked to exchange three old newspapers for a Good

Capital A CEO Tan Sri Tony Fernandes clarified that it is AirAsia Consulting Sdn Bhd that is bidding to acquire SriLankan Airlines

As a testament to Sri Lanka’s comeback in tourism and returning investor confidence, India’s luxury hotel giant yesterday launched its first ever international venture, US$ 500 million investment ITC Ratnadipa in the iconic Colombo

The Ceylon Chamber of Commerce emphasised this week the urgent need for local businesses to intensify their efforts in tackling issues related to climate change. “It is high time that th

Overseas Realty (Ceylon) PLC recorded a group revenue of Rs. 1,681 million and a group Profit Before Tax (PBT) of Rs 1,825 million for t

In a significant acknowledgment of its contribution towards the development and growth of the national economy, Dialo

Certis Lanka, a pioneer in integrated security services, unveils its new brand identity as Sitrek Group, marking a significant milestone in its journey of over four decades. The grand reveal event took place recently at Cinnamon Grand Colombo, atten

Central Bank Governor Dr. P Nandalal Weerasinghe yesterday presented its Annual  Economic Review 2023 and Financial Statements and Operations to President Ranil Wickremesinghe, who’s also the Minister of Finance, Economic Stabilisation and Nation