National Development Bank PLC (NDB) recently conducted its quarterly Investor Earnings Call on March 20, 2024, following the release...

The Commercial Law Development Programme (CLDP) of the United States Department of Commerce implemented ....

Expanding its outreach across Sri Lanka, Financial trailblazer Vallibel Finance opened its latest branch in the Southern province....

Commercial Bank of Ceylon is heralding the arrival of the Sinhala and Tamil New Year with the launch of its biggest seasonal....

Sri Lanka’s official unemployment rate slipped to 4.3 percent in the final quarter of last year from 4.7 percent in the quarter before as the economy expanded in the final three months of the year.

The Central Bank (CB) is planning to revisit the framework of its regulatory sandbox, relaxing some of stringent rules, after the initiative failed to gain traction among fintech players over the past four years.

Genelle Handcrafted Shoes opened its newest retail outlet in Horton Place recently. Reflecting on the transformative journey, Co-Founder Sheran Wickremesekere said, “We’ve traversed a remarkable path from being mere shoe manufacturers to creators

HNB Finance PLC commemorated International Women’s Day 2024 under the theme “Invest in Women. Accelerate Progress” with a special programme aimed at recognising and empowering the female workforce. The celebration, held at the Auditorium at the

Samsung Sri Lanka has introduced the “Samsung Awesome Avurudu” consumer promotion, aimed at bringing joy and rewards to customers celebrating the traditional Sinhala and Tamil New Year, starting from 17th March – 30th April 2024. As part of the

St. Anthony’s Industries Group (Pvt) Ltd., unveiled its new logo recently. This milestone marks a new era for the Group, symbolizing its commitment to excellence, innovation, and industry leadership. Lahiru Jayasinghe, Chief Operating Officer, o

The award ceremony of the “Heta Dinana Sri Lankawak” (A roadmap for a secure tomorrow) Essay & Video Competition organised by the Tennyson & Vinitha Rodrigo Trust was held at the Lotus Room, BMICH. The entries had been evaluated in two stages by

The Commercial Bank of Ceylon’s initiatives to celebrate International Women’s Day 2024, also encompassed the bank’s own female staff across the country with a special knowledge sharing session titled “Counting HER in, and Investing in HER.

Boutiques Sri Lanka, renowned for promoting boutique accommodation experiences across the country, is set to host its annual ‘B2B Luxury Connect’ trade fair on April 30th. This luxury travel fair focuses entirely on the small luxury accommodati

The local financial market landscape reached a new milestone with Softlogic Stockbrokers unveiling Sri Lanka’s first-ever artificial intelligence (AI)-powered market research platform StockGPT. Developed by the in-house tech team of the group, Stoc

This week’s Colombo Tea Auction saw 5.14 million kilogrammes come under the hammer, which was met with fair demand, amidst the instability and volatility in the currency, Forbes and Walker Tea Brokers said. The Ex-Estate offerings comprised of 0.85

Dialog Axiata PLC can maintain a credit profile commensurate with a ‘AAA(lka)’ rating in the next 12-18 months, despite the slower revenue growth, escalated costs and likely slight higher leverage, Fitch Ratings said. The rating agency affirmed t

Fitch Ratings has assigned a ‘AA-(lka)’ National Long-Term Rating to Sri Lanka-based consumer electronics retailer Abans PLC’s (AA-(lka)/Stable) proposed senior unsecured redeemable debentures of Rs.1.0 billion, with the option to increase up t

The consumer prices, measured based on the broader inflation index, pointed to softening prices from the recent highs reached in January, while the prices measured on a monthly basis, in fact, fell into deflationary territory, largely due to the amel

The secondary market exhibited a subdued tone during the day, characterised by ultra-thin trading volumes, as the investors opted to remain on the sidelines in anticipation of the forthcoming monetary policy review scheduled for next week. However,

While Sri Lanka is gearing up for elections this year, which could result in uncertainties, the International Monetary Fund (IMF) cautioned that it is absolutely key that the programme objectives are achieved, because with those, Sri Lanka has a chan

Mid this year will be the turning point for Sri Lanka’s economy, according to President Ranil Wickremesinghe, as from then on the island nation will have opportunities for further progress.

SLPG, a prominent facilitator of solar power systems, is excited to announce its new partnership with Softlogic Glomark, launching solar systems in six different locations across Sri Lanka. With a combined capacity of 982.43 kWp, this endeavor signif

As the world commemorates the World Water Day, American Water’s commitment to corporate social responsibility shines through as it joins hands with OrphanCare, an independent trust dedicated towards making a positive impact on the live

Dr. Cornelius Boersch, a top German tech investor, has reaffirmed commitment and future investments in Sri Lanka. Having invested in the tech sector for 30 years across frontier markets spanning South America to Asia, Dr. Boersch maintai

A delegation, led by Zhang Xiaodong, Secretary General, Chief Representative of China for Sri Lanka-China Association f

Fitch Ratings has affirmed Sri Lankan paint manufacturer JAT Holdings PLC’s National Long-Term Rating at ‘AA(lka)’. The Outlook is Stable. JAT’s rating reflects the company’s strong financial profile with low leverage and manageable liquidi

British Council, the UK’s international organisation for educational opportunities and cultural relations, in partnership with the UK universities, has announced the launch of British Council Scholarships for Women in STEM progra

Loops Integrated, renowned for its commitment to nurturing talent and fostering growth, proudly announced the groundbreaking ach

Samsung Sri Lanka, a leader in global mobile and consumer electronics, announced its success at SLIM Kantar People’s Awards 2024.