Hela Apparel Holdings PLC has confirmed the successful completion of its rights issue, raising Rs.1,596,826,135 through the issue of shares.

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Aitken Spence and Dipped Products with the turnover crossing Rs. 1.7 Bn. A similar behaviour was witnessed in the S&P SL20.

The secondary market yield curve remained broadly unchanged, amidst thin trading volumes and limited market activity.

Learn for Life Lanka announced its partnership with Debate Mate, a globally reputed leader in transformative debating programmes.

Hayleys Solar, the renewable energy arm of Hayleys Fentons launched a children’s storybook, “Sunflower and the Bee” in Sinhala, Tamil and English at the International Book Fair (BMICH) recently, in celebration of International Children’s Day.

amanté recently unveiled a relaunch of its Ultimo collection which was originally introduced to the market in 2017.

The BOI Toastmasters Club held its annual installation ceremony for the new office bearers for the year 2024/25 on 26 September 2024, marking a new chapter for the club.

Presenting the perfect blend between convenience, durability and design is Stahl kitchen appliances, which includes five different ranges of appliances that are engineered for cooking at all skill levels, from home chefs to professionals.

Under the UN Decade of Action 2021 – 2030 in Sri Lanka, the Automobile Association of Ceylon (AAC) is now conducting a Road Safety Programme, specially in rural schools, promoting the need for children to wear safety helmets.

Bollywood Boutique, known for its exquisite collection of sarees, salwars, kurtis, and lehengas, marked a significant milestone with the launch of its new 7,000-square-foot showroom at 17 Hampden Lane, Colombo 06.

DFCC Bank has partnered with the Courage Compassion Commitment (CCC) Foundation as the official Banking Partner and Gold Sponsor of the 1333 Bikeathon “Ride to Save Lives” campaign 2024.

Sri Lanka’s agricultural sector faces significant challenges, including inefficient resource use, low crop yields, and vulnerability to climate change.

The ZeroPlastic Clean-Up Walk 2024 is a revolutionary initiative in Sri Lanka, aiming to combat plastic pollution and promote environmental sustainability across the island.

The 1st of October celebrates World Children’s Day and Sanasa Life Insurance embarked on yet another initiative by planting tree saplings in 100 schools around the country.

The Republic of Korea through the Korea International Cooperation Agency (KOICA), successfully concluded a donation ceremony at The Open University of Colombo, for the development and capacity building project for a Korean Language Classroom.

In celebration of World Children’s Day 2024, NDB Bank hosted a special event at Royal College, Colombo, offering a series of fun and educational activities for students.

Stripes and Checks (Pvt) Ltd, a leading menswear clothing brand in Sri Lanka, announced the opening of its 5th showroom at Colombo City Centre, marking a significant milestone in the company’s journey.

Sri Lanka hosted its first-ever Junior Chef’s Culinary Competition, organised by the Professional Chefs Association.

The Indian government’s ability to promote investments in Sri Lanka among Indian investors depends on the creation of a welcoming and conducive ecosystem, along with legal and regulatory stability, according to Indian High Commissioner to Sri Lanka

​The government is expecting to present a vote on account instead of a budget in December this year, Cabinet Spokesman Minister Vijitha Herath said yesterday.

Sampath Bank PLC has participated in a US$ 750 million senior unsecured syndicated term loan facility for the State Bank of India (SBI), marking a key milestone in its international financing strategy.

The government is in the lookout to purchase a new digital software from the Commonwealth Secretariat to maintain Sri Lanka’ public debt records, following the termination of the license for the existing system by the secretariat.

The Sri Lanka Export Development Board (EDB) has appointed Mangala Wijesinghe as its new Chairman and CEO. Wijesinghe, who previously served as Chief Operating Officer at Brown and Company PLC, succeeds Dr. Kingsley Bernard in the role.

In a bid to strengthen the local pharmaceutical industry, the government is gearing up to enter into one-year buyback agreements with 49 shortlisted local medicine manufacturers.

The ASPI edged up as a result of price gains in counters such as Sri Lanka Telecom, Melstacorp and Dialog Axiata with the turnover crossing Rs. 1.8 bn.

The secondary market displayed mixed sentiment throughout the day on mid-tenor bonds. Buying interest prevailed on the 3Yr maturity, with the 15.12.27 bond trading between the range of 11.30%-11.25%. In contrast, the 4Yr tenors faced selling pressure

HNB PLC, a leading private sector bank in Sri Lanka, has strategically partnered with John Keells CG Auto (Pvt.) Ltd (JKCG Auto), to offer innovative leasing solutions for its BYD vehicle range.

In a bid to promote sustainability across its entire organisation, Alliance Finance Company PLC (AFC) recently partnered with Regen Renewables (Pvt.) Ltd, to implement a solar power initiative across its branch network. This collaboration will see t

Great Place to Work Regional Conference 2024, themed ‘The Future of Work is “FOR ALL”’, was held at Hilton Colombo, bringing together thought leaders, HR professionals and business executives to discuss strategies for building a resilient wor

The Chamber of Young Lankan Entrepreneurs (COYLE) recently led a high-profile trade delegation to the Republic of Korea, marking a significant milestone for the Sri Lankan business industry.