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Tue, 19 Mar 2024 Today's Paper
The Ministry of Power and Energy signed a Power Purchase Agreement (PPA) for the Project Apollo between Ceylon Energy Pte Ltd....
Assetline Finance Limited (AFL) opened its 56th branch in Panadura recently. The branch also offers....
David Pieris Automobiles (Private) Limited (DPA) announced its partnership in Sri Lanka with Beijing Automotive Industry...
Sanasa General Insurance Company marked a unique milestone in their history by achieving a record growth rate of 53 percent....
The first LNG battery hybrid powered RORO vessel berthed at the Hambantota International Port (HIP) for the discharge...
People’s Bank has been named among the top 20 employers among AICPA and CIMA members in recognition of the bank’s....
The minimum room rate introduced for city hotels by the government could have a negative effect on tourism, an industrialis...
Sri Lanka’s small and medium enterprises (SMEs) are set to receive a significant boost, as the Asian Development Bank....
For the first time on record, the inequalities in the Human Development Index (HDI) values—which measure a country’s....
The Millennium Falcon has landed on a 50p coin in the latest collectable Star Wars series from the Royal ....
National Development Bank (NDB) yesterday announced it would raise a maximum sum of Rs.10 billion by way of Basel III....
The Court of Appeal has issued an interim order suspending a previous ruling by the Commercial High Court of Colombo. This ruling....
We swung off the main road and bumped down a narrow lane until we reached a modest two-story home. As we got out of the car....
SLT-Mobitel in collaboration with Sri Lanka Railways recently marked a significant milestone by digitizing the ticket reservation ....
South Korea’s Kiuda Digital Holdings is to launch their state-of-the-art carbon exchange named ‘KiudaEX’. The locally....
Sri Lanka’s tourist arrivals have soared past the 500,000 mark in just the third month of the year, with March alone crossing the 100,000 milestone, over the weekend.
In a disheartening revelation, a recent study conducted by the Women’s Chamber of Industry and Commerce Sri Lanka (WCIC) shed light on the alarming silence surrounding gender-based violence and harassment (GBVH) against women in workplaces.
Defying both the expectations and the trend seen for the past seven months, the credit extended to the private sector by licensed commercial banks has reversed direction to record a de-growth of Rs.52.2 billion in January 2024. It wasn’t immediatel
The Adani Green Energy’s wind power project in Mannar, Sri Lanka, has become a lightning rod for controversy. While the project promises to boost renewable energy production in the country, it faces fierce opposition due to its potential ecological
Sri Lanka’s economy surged in the fourth quarter, marking a swift recovery from the prolonged recession that began 18 months ago. The growth rate exceeded expectations, outpacing third quarter’s performance. Sri Lanka’s full-year contraction n
The local gem and jewellery sector will receive some room to recover from the current challenges as the government announced fresh plans to provide concessions. President Ranil Wickremesinghe however asserted that immediate changes to the tax policy
Signalling continued expansion in economic activities, Purchasing Managers’ Index (PMI) for both manufacturing and services recorded persistent gains in February with expectations for the next three months remaining upbeat, especially due to the up
The National Development Bank (PLC) announced the approval of distribution to the shareholders by way of a final dividend of Rs. 5.00 to be paid per share on the Ordinary Shares in issue for the financial year ended 31 December 2023. Accordingly, Rs.
REUTERS - The European Central Bank could start cutting interest rates in June after a reduction in euro zone inflation, ECB policymaker Pablo Hernandez de Cos said in an interview published yesterday. The ECB kept borrowing costs at a record high t
The surge in onion prices has transformed each bulb into valuables. A worker is captured in the act of sorting through previous stocks of onions, ensuring that every piece is utilised efficiently to avoid wastage. This scene underscores the current m
People’s Bank recently declared open an ATM at Serene River Park, Holuwagoda, Galle. Through this ATM, the customers can withdraw money 365 days of the year, seven days of the week and 24 hours of the day. Health and Industries Minister Dr. Ramesh
Commercial Bank of Ceylon recently moved its Kegalle branch to a spacious new two-storey building at the same location, designed to better serve customers in this bustling municipality. The branch at No: 186, Main Street, Kegalle, is a fully-fledged
NDB Bank announced its collaboration with Havelock City Mall as the official banking partner for Avurudu Season 2024. From March 14, 2024 to April 21, 2024, customers can revel in the festive spirit at the mall, with NDB curating exclusive card offer
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