Unidil among Best 40 Great Work Places in Sri Lanka

Unidil, the packaging giant of Sri Lanka, has stepped to another milestone in its growth journey by entering to the category of Best 40 Great Work Places in Sri Lanka.

KFC marks 25th anniversary in Sri Lanka

The story of KFC in Sri Lanka began in 1996, when the first restaurant opened its doors at the popular shopping complex Majestic City. Fast forward to 25 years and 44 restaurants later, KFC Sri Lanka has gone from strength to strength.

Singhagiri opens new Moratuwa, Maharagama, Kurunegala showrooms

Singhagiri recently opened three new showrooms across Sri Lanka, starting off in Moratuwa in January 2021, the second in Maharagama in March and the most recent one in the town of Kurunegala, last month.

SPOTLIGHT ON DELTA! Citizens of Western Province most vulnerable

COVID- 19 has been a part of our lives for more than a year now, but like how everything in this world, mutates and evolves- the virus....

Why breastfeeding is important

Breastfeeding is a crucial step to ensure that your baby gets all the nutrients that are much needed during its first few months....

EPF Department closed due to several staff testing Covid-19 positive

The Central Bank of Sri Lanka (CBSL) announced today the closure of the Public Relations Counters of Employees’ Provident Fund (EPF) Department until further notice as several staff members have tested positive for Covid-19.

Mallika Hemachandra Jewellers unveils a new bridal collection for 2021

Mallika Hemachndra Jewellers (MHJ), the leader in timeless, exquisitely crafted jewellery in Sri Lanka recently unveiled its brand new bridal jewellery collection, and affordable packages to cater to the wedding season. Drawing inspiration from crafting excellence across 5 decades,

CB introduces single point to handle complaints against financial services providers

The Central Bank said it has introduced a single point of contact to handle complaints against the financial service providers (FSPs).

Citibank says Sri Lanka’s ability to settle US $ 1bn bond mid next year “less than likely”

With no considerable foreign exchange inflows in sight,

Employers required to submit necessary documents pertaining to recruitments within 30 days for EPF registration

Labour Minister Nimal Siripala de Silva announced fresh regulations making it mandatory for the employers to submit the required documentation of the employees along with the duly completed forms, within 30 days of the recruitment, to proceed with the registration process with the Employees’ Provident Fund (EPF).

Consumer discretionary, financial stocks boost shares

Sri Lankan shares ended higher yesterday, helped by gains in consumer discretionary and financial stocks.

Nestle Lanka beats pandemic woes to report solid earnings in 2Q

Nestle Lanka PLC reported robust sales and profits for the three months to June (2Q21), as the company had successfully overcome the pandemic-induced challenges,

Tea industry witnesses increase in production and exports in first half

Sri Lanka’s tea industry witnessed an improvement in production and exports in 1H21 when compared with the corresponding period in 2020, although the country continues to grapple with the implications arising from the pandemic.

JAT Holdings shares to debut on CSE today

The shares of JAT Holdings Ltd will commence trading on the Colombo Stock Exchange (CSE) today, following the successful initial public offering (IPO), which got oversubscribed.

Seylan Bank delivers robust 2Q on higher loans, margins

Seylan Bank PLC delivered some robust financial performance during the three months to June, as the bank accelerated lending despite some hibernation seen in the economy, due to the virus resurgence while it also benefitted from the slight improvement seen in the interest margins.

Sri Lanka Tourism launches membership drive for informal sector with support from Australia’s MDF

Sri Lanka Tourism Development Authority (SLTDA), with the support from Market Development Facility (MDF), Australia’s flagship private sector development programme, has launched a membership drive to encourage informal sector tourism operators to register with SLTDA.

ICCSL streamlines e-Certficate of Origin issuance for exporters

ICCSL, a pioneer in the issuance of a digital certificate of origin has commenced a 24/7 service to support export industries.

OPA webinar on supply chain strategies tomorrow

The Organization of Professional Associations of Sri Lanka has organized a webinar titled “Strategies related to supply chain to mitigate the impact of COVID- 19’ to be held tomorrow from 6 p.m. to 8 p.m.

SLID holds webinar on ‘Enhancing Effectiveness of Board Secretary’

The Board Secretaries Forum of The Sri Lanka Institute of Directors (SLID) held a webinar on ‘Enhancing and Expanding the Effectiveness of the Board Secretary’ recently.

BOI Chairman Mohottala calls on Korean Ambassador

Sanjaya Mohottala, Chairman Board of Investment (BOI) recently called on Woon Jin Jeong, Ambassador of the Republic of Korea to discuss several initiatives that would potentially increase FDI inflows from Korea to Sri Lanka.

Hela Clothing receives another int’l award from Tesco

Hela Clothing, a global apparel manufacturer with factories across Kenya, Ethiopia and Sri Lanka, was recently presented with the 2021 Collaboration Award at the latest Tesco Non-Food Partner Conference.

JAT Holdings to reap benefits of manufacturing in Bangladesh ahead of schedule

JAT Holdings Limited, Sri Lanka’s trusted industry leader in finishing and furnishing, witnesses immense organizational progress fueled by the firm’s intention to begin its manufacturing operations in Bangladesh further boosting its already established presence in the country.

McLarens Group among 70 best places to work in Asia and 40 Best Workplaces in Sri Lanka for year 2021

McLarens Group, one of Sri Lanka’s largest diversified conglomerates with a rich corporate heritage spanning over seven decades, has been recognized among the 70 best large workplaces in Asia by the global authority on workplace culture Great Place to Work.

Uber offers 50,000 free rides to support SL’s govt. vaccination drive

Taxi hailing app Uber announced today it will provide 50,000 free rides for citizens travelling to vaccination centers across Colombo, Gampaha and Kalutara districts.

Ceylinco Life launches customer app for full access to services

Ceylinco Life has announced the launch of ‘Ceylife Digital’, the company’s own mobile app, to bring unprecedented fingertip convenience to existing as well as potential customers by providing seamless access to insurance-related services, including the opportunity to purchase new policies and settle premiums.

MBSL looks to a successful rights issue

State-owned Bank of Ceylon’s (BOC) subsidiary Merchant Bank of Sri Lanka and Finance PLC (MBSL) plans to raise Rs.2.24 billion in fresh capital via a rights issue.

Assetline introduces new leasing and loan facility

Reputed for providing innovative, hassle-free and accessible leasing solutions to Sri Lankans from all corners in the country and all walks of life, Assetline Leasing has come forward with yet another initiative, a ‘Leasing and Loan’ facility for acquiring registered vehicles.

NDB conducts Investor Earnings Call on first half results

National Development Bank PLC (NDB) hosted the bank’s quarterly online Investor Earnings Call on August 10, 2021, to discuss the bank’s financial results, subsequent to the release of its financial results for the financial quarter ended on June 30, 2021.

Fintrex Finance introduces Vishwasa fixed deposits

Fintrex Finance Limited recently introduced its fixed deposit product to the public.

Union Bank balance transfer eases credit card debt with affordable repayment plans

Union Bank’s credit card balance transfer aims to help credit cardholders to ease their credit card debt in a structured manner that is more affordable and convenient.