The International Air Transport Association (IATA) released data for February 2024 global passenger demand, showing....

The Hambantota International Port (HIP) was a primary awardee at the Board of Investment of Sri Lanka (BOI) 45th Anniversary....

Riyadh Air, the Kingdom of Saudi Arabia’s newly established national airline, has reached a significant milestone in its journey....

Certain print media, electronic media and social media, joined by the politicians of Sri Lanka, made a mockery out of a ship...

Sri Lanka’s leading non-banking financial services provider, People’s Leasing & Finance PLC (PLC), recently announced....

With a steadfast dedication to providing chartered accountants with the essential tools required to navigate the dynamic landscape....

Amana Bank announced its strategic partnership with Mireka Homes (Pvt.) Ltd, the developers of Havelock City and fully-owned...

Commercial Bank of Ceylon has opened up a world of new opportunities for Sri Lankan businesses, by becoming the first bank....

Commercial Bank of Ceylon has been voted as the People’s Private Bank of the Year, at SLIM Kantar People’s Awards 2024....

Visa, the global leader in digital payments announced that Visa debit card spends saw a significant increase of over 35 percent....

Fitch Ratings assigned Hatton National Bank PLC’s (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated...

Reflecting what the Sri Lankan tourism trade could deliver in normal times when there are no pandemics or mass scale public protests as in 2022, the industry churned out back-to-back high foreign earnings exceeding US$ 300 million.

The government announced that it has been successful in settling a total of US$ 1909.7 million in foreign debt and interest payments within a time-frame of about 19 months.

Sri Lanka climbed two spots in the latest United Nations Conference on Trade and Development’s (UNCATD) Liner Shipping Connectivity Index (LSCI), becoming the 22nd best connected country in the world.

The tea prices are likely to soften, due to the seasonal demand coming off; however, it is unlikely to hurt the earnings, Capital Trust Research said. While the tea prices have exhibited a notable upward trend, commencing from November 2023, the tren

BBC: Samsung Electronics says it expects its profits for the first three months of 2024 to jump by more than tenfold compared to a year earlier. It comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intellige

The International Monetary Fund (IMF) this week said there is a “strong expectation” that the agreements with the commercial creditors, consistent with the programme parameters, would be reached by the completion of the second review. IMF spokesp

In an effort to further enhance the gem and jewellery industry’s contribution to the national economy, President Ranil Wickremesinghe has instructed the officials to compile a report by the end of April. The report will outline the potential solut

BBC: Boeing has paid US $ 160 million (£126 million) to Alaska Air to make up for losses the airline has suffered following a dramatic mid-air blowout in January. Alaska said the money would address profits lost in the first three months of the year

Seylan Bank has agreed to accept the revised settlement offer made by Asia Capital recently, to halt parate executions on Wadduwa Resorts, Beach Resorts Kosgoda and Galle Beach, according to Asia Capital Managing Director Raju Radha. A sum of US $ 1.

The Würth Group, a global leader in assembly and fastening materials, has achieved a historic milestone with annual sales exceeding EUR 20 billion for the first time in its corporate history, according to its preliminary financial statements for the

Pan Asia Bank is presenting savings of up to 75 percent as well as multiple enticing offers for its esteemed credit cardholders during this auspicious season. Just as the New Year dawns with promises of prosperity and happiness, Pan Asia Bank stands

NDB Bank has joined forces with the National Institute of Business Management (NIBM School of Business) as the official banking partner for the ‘Mind Maze Marathon Inter-School Quiz Competition’. This event, organized by the Business Management

The Sri Lanka Climate Summit 2024 organised by The Ceylon Chamber of Commerce under the theme ‘Code Red – Climate Risks and Opportunities for Sri Lankan Businesses’ will be held from 7-9 May, at the Shangri La Hotel Colombo. Featured Speakers

Ceylinco Life was crowned the most popular life insurance company in Sri Lanka for a record 18th consecutive year in 2024 at the SLIM Kantar Peoples Awards presented by the Sri Lanka Institute of Marketing (SLIM) recently. The coveted title was confe

Founder Chairman of Pelwatte Dairy Industries, Master Divers, Former President of the Colombo Business Association and Chairman of Mawbima Lanka Foundation Ariyaseela Wickramanayake, a business personality with wide experience in the corporate secto

Cinnamon Nature Trails, the wildlife and nature-based tourism arm of Cinnamon Hotels & Resorts, unveils its eco-excursion expertise in the heart of Colombo to introduce the true essence of the destination. A collection of five carefully crafted exper

This Sinhala and Tamil New Year, each Heritance Hotel and Resort will recreate the vibrant atmosphere of a traditional Sri Lankan Avurudu celebration. Picture yourself surrounded by decorated pavilions, bustling with Avurudu melodies, traditional fo

LG recently unveiled its latest line of washing machines. The LG washer dryer range are Mighty Washers specifically designed to revolutionize the way we approach laundry, making it smarter, more efficient, and incredibly convenient. One of the stando

Get ready to tantalize your taste buds with an extraordinary culinary journey as some of the United Kingdom’s most esteemed dining destinations prepare to make a splash in Sri Lanka. From the enchanting flavours of Italy to the spicy delights of In