People’s Bank was recognised at Visa Commercial Solutions Client Forum Sri Lanka 2024, held recently at Cinnamon Grand Hotel.

March 5, 2024, will go down as a red-letter day for the world’s investor relations community. On this day, Commercial Ba

Sri Lanka has made significant progress, despite its circumstances, in implementing its ambitious reform agenda.

FitsAir, Sri Lanka’s low-cost airline, yesterday announced the launch of direct flights connecting Colombo and Dhaka, Bangladesh starting April 2024. This move repre

Sri Lanka’s stockbroking community said they are in favour of the draft bill for the demutualisation of Colombo Stock Exchange (

Sri Lanka yesterday reached staff-level agreement with the International Monetary Fund (IMF) on the second review under th

Sri Lanka’s tea production rose 6.6 percent Year-on-Year (YoY) to 19.99 million kilos in February, according to Forbes and Walke

Sri Lankan officials and global investors will kick off negotiations on restructuring US$ 12 billion in defaulted global bonds next w

The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement.

The senior representatives of the financial sector yesterday raised significant concerns about the government’s commitment to enacting the necessary legislation for the introduction of a central bank digital currency (CBDC) in Sri Lanka.

Vision Care celebrated its 32nd Anniversary with a Staff Convention & Annual Awards 2023 event, dedicated to recognizing and honoring longstanding employees and star performers. The Staff Convention & Annual Awards 2023 witnessed the recognition of

DFCC Pinnacle Junior recently sponsored the first-ever Gateway National interschool Robotics Championship for local and international schools. Approximately 25 schools across the island participated in this competition, highlighting the growing inter

Certis Lanka unveiled its newest venture, the Identity College of Higher Education (ICHE) recently. Identity College of Higher Education, situated in Colombo, aims to revolutionize caregiver education by offering a comprehensive curriculum tailored t

The International Institute of Health Sciences (IIHS) recently launched their new theme “Api piliganeemen Ihalai”. IIHS is offering high quality study programmes, which are pathways to global success recognised by bodies such as the National Heal

Baby Cheramy partnered with the Sri Lanka College of Paediatricians recently to jointly foster a secure environment for the children of our country. The recent awareness programme took place at the Setsiripaya Urban Development Authority Auditorium

DIMO Healthcare has partnered with Varian, a Siemens Healthineers Company to introduce cutting-edge treatment solutions to clinicians specializing in radiation oncology in Sri Lanka. This collaboration also provides access to a range of advanced ima

The Ministry of Education (MOE) and Microsoft have signed a Memorandum of Understanding (MoU) to usher in a new era of education by enabling the integration of Artificial Intelligence (AI) and Machine Learning (ML) into Sri Lanka’s National School

Bogawantalawa, renowned for its climate-positive teas and unwavering commitment to sustainable practices, has achieved a significant milestone by obtaining the Climate Neutral Certification (CNC) from the Climate Neutral Group (CNG) in the Netherland

Sysco LABS has partnered with AHRP, AIESEC, and Global Learning Lab for ‘Project GLO’ – Guiding Leadership and Outreach. The programme aims to inspire leaders at all levels by mobilizing youth change agents to drive impactful development across

SLT-Mobitel powered the second phase of the Agri Saviya- Marketing Asseweduma initiative recently. Aimed at transforming farmers into Agripreneur leaders of tomorrow, Agri Saviya acts as the lifeline in nourishing farmers with the right knowledge an

In a bid to fortify Sri Lanka’s food safety protocols, a seminar on Food Safety Governance is set to convene on March 27th at the Prof PPGL Siriwardena Auditorium, hosted by the National Secretariat of Professional Practice of Chemistry (NSPPC) at

A special multi-religious ceremony was held on 15th March to commemorate the completion of two years since the takeover of Senfin Securities Limited (SSL) by E W Balasuriya & Company (Pvt) Ltd. Senfin Securities Limited is an affiliate of Senkadagal

Associated Motorways (Private) Limited (AMW), the authorised agent for Yamaha Motor Co. Ltd. Japan (YMC) is also the sole authorised distributor of Yamalube Lubricants in Sri Lanka. Yamalube Lubricants are a carefully formulated range of products de

Sri Lanka is standing on the verge of achieving self-sufficiency in egg production, at least by the end of April, but continuous reliance on imports has severely threatened the potential of the local industry achieving the status, All Island Poultry

The Court of Appeal has issued an injunction against the Health Minister and State Minister of the Production, Supply and Regulation of Pharmaceuticals State Ministry. This injunction restrains them from taking any actions that would contravene the

The tea exports for the month of February expanded by about 20 percent year-on-year (YoY), the data from the Ceylon Tea Board showed. Sri Lanka exported a total of 22.31 million kilogrammes (MnKgs) of tea, showing a positive variance of 3.76 MnKgs,

The government announced that it is considering relocating the Sapugaskanda oil refinery to Trincomalee in the future, in line with the envisaged plans to develop the Oil Tank Farm. “It was also decided to explore the option of relocating the Sapu

In a bid to boost adoption of digital financial services in Sri Lanka, Lankapay yesterday announced plans to launch the blockchain-based shared Know Your Customer (KYC) by the end of this month. Lankapay Chairman Dr. De Zilwa shared that Lankapay has

The Cabinet has approved a plan to gradually reduce the hydrofluorocarbon (HFC) imports, through an annual import quota system starting this year. This move aligns with the country’s obligations under the Kigali Amendment of the Montreal Protocol.

At the weekly T-bill auction held yesterday, only 90 percent of the total offered of Rs.155.0 billion was accepted whilst the weighted average yield rates were seen scaling higher for the fourth consecutive week. Accordingly, the three-month and six