Plans are afoot to uplift the island nation’s spice sector to become a US$ 1 billion industry in five years, Sri Lanka’s Spice ...

Secondary market yield curve slightly adjusted downwards following yesterday’s session despite activities being subdued while volumes...

The secondary market yield curve continued to display buying sentiment at the short-end during the day, echoing the trend from the last session, as the investors boarded the sidelines ahead of the Rs.122.5 billion worth bill auction scheduled for Feb

Standard Chartered has appointed Chamikara Wijesinghe as Head of Consumer, Private and Business Banking (CPBB) in Sri Lanka, effective February 5, 2024. Commenting on the new appointment, Bingumal Thewarathanthri, CEO of Standard Chartered Sri Lanka,

PAYable Pvt Ltd, Sri Lanka’s leading non-bank digital payment services provider, reported robust performance in its 10-year journey with over Rs. 80 billion in transactions processed.

In a strategic collaboration with Good Market, People’s Bank recently conducted a Special Training Programme for women entrepreneurs at the People’s Bank Staff Training College in Colombo 05. Under this initiative, 12 entrepreneurs were selected

HNB Assurance PLC has announced the appointment of Rimoe Saldinas Non-Independent Non-Executive Director to its Board with effect from 19February 2024. Rimoe Saldin is a Fellow of the Institute of Chartered Accountants of Sri Lanka and an Associate o

Hayleys Fabric PLC was recently awarded the Eco Label Sri Lanka certification for its weft knitted fabrics under the Textile & Apparel category. The latest in a long line of sustainability accreditations, this certification recognizes Hayleys Fabric

The Ceylon Chamber of Commerce hosted a high-level delegation from the Ministry of Agriculture and Rural Development of Vietnam recently. Organized in association with the Sri Lanka – Greater Mekong Business Council and the Embassy of Vietnam in Sr

RBS cement panels from Rhino Roofing Products Limited was bestowed with the ‘Excellence Award’ from the Sri Lanka Institute of Architects (SLIA) as part of the Annual Product Awards 2024. The awards was received by Jude Pullenayegam (Head of Mar

Royal Ceramics Lanka PLC (Rocell) has collaborated with Hansgrohe & AXOR, the world-renowned German brands, synonymous with premium showers, and bathroom accessories. By solidifying its design leadership through this groundbreaking partnership, Rocel

The Daily Mirror has won the first place (Award of Excellence) for the best designed English newspaper supplement of the inauguration of Annual Sessions organized by Sri Lanka Institute of Architects in line with the Architect 2024 exhibition. Being

Prime Group’s spectacular new project, ‘Waterfall Residencies’ in Malabe brings luxurious serenity to discerning families. The company has added to its award-winning and extensive portfolio of villaprojects with Waterfall Residencies, a tranq

Hayleys Fentons Limited has secured the Silver Award for the Best Annual Report in the Construction Sector at CA Sri Lanka’s TAGS Awards 2023. This marks the company’s third consecutive year in the top three, recognising its commitment to trans

Home Lands Group of Companies opened the Canterbury Golf Resort Apartments & Residencies in Kahathuduwa recently. The opening ceremony unveiled the state-of-the-art Canterbury Golf Club, Sri Lanka’s first day & night golf course, 504 Golf Apartmen

Overseas Realty (Ceylon) PLC recorded a Group Revenue of Rs. 5,076 million and a Group Profit Before Tax of Rs. 4,311 million for the Year ended 31st December 2023. The appreciation of LKR by 11.26 percent resulted in a significant exchange gain of R

Sri Lanka’s egg production could take a hit, due to the hot weather in the coming months, All Island Poultry Association (AIPA) President Ajith Gunasekara said.

REUTERS: Oil prices fell yesterday, extending losses on market views that higher than expected inflation could delay cuts to high interest rates that have been capping growth in global fuel demand.

BBC: British firms say they are facing higher shipping costs and delays of up to four weeks due to Houthi attacks in the Red Sea, a business group said.

Australia’s United Petroleum has completed formalities in acquiring the licence to enter into Sri Lanka’s retail petroleum products market.

Leading the charge in sustainable shipping, M.V. Ane Maersk, the world’s first large methanol-enabled container vessel, completed its first port call at the Port of Colombo, on February 24, marking a significant milestone in maritime history.

A key trade union defended the sharp salary hike of the Central Bank (CB) employees, citing it as an essential measure to stop brain drain within the institution and maintain operations with no disruptions.

The tourism sector stakeholders yesterday confirmed that Sri Lanka is witnessing an increasing trend of international visitors engaging in business activities and warned that the industry, in certain parts of the country, is impacted as a result.

Foreign holdings in Sri Lanka’s government securities fell under Rs.100 billion last week, touching the lowest point since April last...

Staff shortage at the National Intellectual Property Office (NIPO) is hampering intellectual property registrations, a report by Auditor General W.P.C....

As the Central Bank has come under fresh spotlight for the recent salary hike, the financial sector regulator yesterday said....

At the lively Wattala Elakanda market, a fish vendor stands, a conduit between the sea’s riches and eager customers seeking....

Russian and Ukrainian tourists in Sri Lanka have been advised by authorities to ensure their visas are in order or depart the island ....

Americans racked up a record amount of credit card debt in 2023, soaring past a trillion dollars. But a mass retrenching in consumer spending...

The Land Valuation Indicator (LVI) for Colombo District indicated a slowdown on a year-on-year (YoY) basis in the second half of 2023...