Amana Takaful Insurance PLC, one of Sri Lanka’s leading insurance providers, marked its 25th anniversary with a celebration at Mandarina Colombo recently.

The Sri Lanka Association of Inbound Tour Operators (SLAITO), the apex body, representing the destination management companies (DMC) industry in Sri Lanka, held its 44th Annual General Meeting (AGM) recently at Heritance Ahungalla and Aitken Spence T

Earlier this year, Sri Lanka introduced major changes to the Value Added Tax (VAT) system. The VAT rate increased from 15 percent to 18 percent and the tax exemptions were removed for 97 items, including essential goods such as gas and stationery. Wh

In a momentous celebration of its centenary, Rockland Group marked 100 years of grit, resilience and passion at Chairman’s Awards 2024.

Heritance Aarah Maldives, a premium all-inclusive resort nestled in the Raa Atoll, has been honoured as the Most Outstanding Culinary Organisation at Food and Hospitality Asia Maldives Global Culinary Challenge and Exhibition 2024 (FHAM), marking the

The 45th National Conference organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was inaugurated on October 14, 2024, by the chief guest, High Commissioner of India to Sri Lanka Santosh Jha, at Monarch Imperial, Sri Jayewa

The Export Development Board (EDB) has a new chief to drive it forward with Mangala Wijesinghe appointed as its Chairman and CEO.

Cinnamon Life at City of Dreams Sri Lanka, the highly anticipated luxury development by John Keells Group (JKH), opens its doors today for a soft launch, marking a historic moment in Colombo’s evolving skyline.

Sri Lanka’s micro, small and medium enterprises (MSMEs) have called on the new administration to implement key reforms in MSME financing within the next 60 days, including waivers on interest for the struggling businesses.

The number of new private company registrations reached a new high in August 2024, with 2,654 new businesses incorporated, marking the highest monthly total recorded so far this year.

Arising from a competitive international pitch, MTI Consulting has been selected by the Rwanda Development Board (RDB) to develop its five-year strategic plan.

Cinnamon Life at City of Dreams Sri Lanka, the highly anticipated luxury development by John Keells Group (JKH), opens its doors today for a soft launch, marking a historic moment in Colombo’s evolving skyline.

With Sri Lanka recently securing the Geographical Indication (GI) certification for Ceylon Cinnamon, there is a growing call among the industrialists and policy strategists to make use of the recognition and unlock the full export potential of the pr

The ASPI closed in red as a result of price losses in counters such as C T Holdings, Hatton National Bank and Commercial Bank with the turnover crossing Rs. 1.4 Bn. A similar behaviour was witnessed in the S&P SL20.

The secondary market yield curve edged down on the belly of the curve, as the mid tenures continued to attract interest during the day while the long tenures did not trade mostly.

In a significant step towards encouraging solar power adoption island-wide, Sampath Bank PLC and Hayleys Solar, the renewable energy arm of Hayleys Fentons, recently signed a Memorandum of Understanding (MOU) to provide an easy and affordable lending

Fortude, an enterprise and digital technology solutions provider, was felicitated as one of the Top 10 Women-Friendly Workplaces in Sri Lanka at the Satynmag AICPA & CIMA Women Friendly Workplace Awards 2024, recognizing its strong commitment to fost

On the 11th of October 2024, Expo Airline Management (EAM) celebrated 25 years as the exclusive Cargo GSA partner for Air France KLM Cargo in Sri Lanka.

The Hafez Centre for Cultural Understanding (HCCU) of the Pathfinder Foundation and the Governance and Policy Think Tank (GPTT) of the Sharif University of Iran held their inaugural webinar on the theme ‘Iran - Sri Lanka Relations: Ties of the Past

Amana Bank announced its partnership with Harbour Village (Pvt) Ltd to offer unique people-friendly apartment financing solution to purchase state of the art apartmentsat Marina Square – Uptown Colombo project.

HNB Finance announced the launch of its new Gold Loan Centre at the Embilipitiya branch at No.59, Ratnaweera Building, Main Road, Embilipitiya, as part of its continued efforts to improve accessibility and meet the increasing demand for integrated fi

David Pieris Motor Company (Lanka) Limited (DPMC) achieved a significant milestone in Sri Lanka’s automobile industry by producing motorcycles with local value addition (LVA) under the Standard Operating Procedure (SOP) introduced by the Government

Odiliya Residencies (Pvt) Ltd, a trusted and renowned name in offering luxury living spaces and residence, is set to unveil its latest venture by the famed beach in Panadura.

Hayleys Travels, a fully owned subsidiary of the Advantis Group, the transportation and logistics arm of Hayleys PLC, is marking its 40th anniversary.

The Destination Selecting System (DSS) of Hyundai elevators remains as one of the unique groundbreaking features of Hyundai elevators.

Thanzyl Thajudeen, the Managing Director of Mark & Comm Ltd, has been reappointed to the Public Relations and Communications Association (PRCA) Asia Pacific Regional Board 2024 for another two-year term.

DFCC Bank announced its exclusive partnership with Colombo Oktoberfest 2024, positioning itself as the premier banking partner for one of the most anticipated cultural events in Sri Lanka.

CFA Society Sri Lanka announced that WindForce PLC has been selected as the subject company for its 18th annual CFA Institute Research Challenge Sri Lanka 2024/25.

The moneys from Sri Lankans working abroad continued to flow in quite robustly in September albeit some softening seen from a month ago, with a potential to bring the full year inflows by the year end at a striking distance from their former levels s

Sri Lanka’s financial system is poised for improvement, with asset quality expected to rise and capital buffers to strengthen, while risks are prudently managed, the Central Bank of Sri Lanka (CBSL) said in its Financial Stability Review 2024.