John Keells Group is set to officially open Cinnamon Life at City of Dreams Sri Lanka tomorrow, marking the completion of the country’s largest private investment project, valued at over US$1.2 billion.

With the outlook for Sri Lanka looking more hopeful than it had in the past few recent years, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) gears up to engage with professionals, including young business leaders, at its 45th Nati

The Colombo Stock Exchange (CSE) has introduced High-Yield Bonds, allowing companies with ratings below investment grade to raise capital by way of issuing bonds via the CSE.

Ambeon Capital PLC has transferred the ownership stake in Heron Agro Products (private) Limited to Colombo City Holdings PLC, a subsidiary of Ambeon Holdings PLC.

Sri Lanka’s gross official reserve assets which provide a buffer against external shocks is inching towards US$ 6.0 billion, nearly three years after the usable balance fell under a mere US$ 50 million, triggering the economic crisis in early 2022.

Another insightful session on ‘Empowering Growth: Harnessing Environmental, Social and Governance (ESG) for Sustainable Success’ was held on October 10, 2024, at the National Chamber of Commerce of Sri Lanka (NCCSL) auditorium.

Wavenet, a global leader in AI-first digital transformation, recently co-hosted an exclusive event titled ‘Revolutionising Banking and Insurance Industries with Sense AI’ at Hilton Colombo Residences.

As the undisputed No. 1 bank in Sri Lanka, Bank of Ceylon (BOC) continues to lead the financial industry with its commitment to innovation and customer-centric solutions.

Continuing its legacy of innovation, DPR has relaunched the enhanced tax website with expansion of tax management offerings today, empowering clients with expert guidance and representation in tax-related matters.

In view of commemorating the Customer Service Week, Sanasa Life Insurance on October 10, 2024, declared open its latest Customer Experience Centre, located at No. 297, High level Road, Nugegoda.

Exterminators PLC, in technical collaboration with Pest Scan BV, Netherlands and Sentario UK Limited, launched internet of things (IoT) in pest management in South Asia.

Union Assurance, Sri Lanka’s premier life insurer, continues to strengthen its bancassurance partnership with Union Bank through a series of exclusive customer forums.

Aitken Spence Travels, the leading destination management company in Sri Lanka, once again showcased its commitment to excellence by securing two prestigious awards at the South Asian Travel Awards (SATA) 2024.

Standard Chartered Sri Lanka has appointed Tamani Dias as Executive Director/Head of Corporate Coverage, effective September 30, 2024.

Underscoring its commitment to data protection and information security, Lion Brewery (Ceylon) PLC was accredited with the internationally recognised standard – ISO 27001:2022 certification.

Pan Asia Bank announced the opening of two new Digital Zones in Piliyandala and Kaduwela, aimed at enhancing the banking experience for the customers in these bustling communities.

Sri Lanka’s leading private sector bank, HNB PLC organized a ceremony recently to felicitate their employees who completed 25 years of service in the Bank.

The Central Bank of Sri Lanka (CBSL) has cracked down on a total of 19 entities found to have been operating and promoting fraudulent pyramid schemes in the country.

Bentota Celestia Ayurveda Resort, the latest addition to Sri Lanka’s tourism industry, boasts an investment of Rs.28 billion and spans over six acres of land, housing 65 luxurious rooms, five of which are villas.

The Viman Ja-Ela apartments have generated over Rs.4.2 billion in sales, prior to the start of construction on August 26, 2024.

The auction offerings were relatively static and totalled 5.8 million kilogrammes.

A groundbreaking event in Sri Lanka’s marine and offshore service sector, the Voyage Sri Lanka 2024 conference, is to set sail on November 26, 2024, in Colombo.

Unilever Sri Lanka, in partnership with Vega Innovations and the United States Agency for International Development (USAID), is scaling up the use of refillable stations.

BBC: A day after the death of India’s most globally-recognised tycoon Ratan Tata, his half-brother Noel Tata has been named as the new chairperson of Tata Trusts, the group has announced.

At yesterday’s Rs.95.0 billion worth bond auction, the total offered was fully accepted from each maturity with the 15.03.2028 bond closing at a weighted average yield rate of 11.79 percent amidst higher reception.

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and Hatton National Bank nonvoting with the turnover crossing Rs. 2.3Bn.

The British Council Colombo office has adopted solar power to generate 100 per cent of its energy requirements.

In a momentous occasion for aspiring sales professionals, the annual NQDSM Sales Management Diploma convocation took place on 22nd August 2024, marking the culmination of a year-long journey of learning, development, and professional growth.

Radisson Blu Resort Galle, a resort managed by La Vie Hotels & Resorts, recently organized a highly successful beach clean-up as part of its ongoing commitment to environmental sustainability.

The Sri Lankan contingent made an impressive mark at the IFMA Muay Thai Youth World Championship 2024, held from September 12 to 19 in Bangkok.