0
LOLC Life Assurance and LOLC General Insurance were recognised for leadership excellence at Great Managers Awards 2025, reflecting the companies’ continued focus on cultivating high-impact leadership capabilities that drive organisational performance and sustainable growth.
0
LIMRA Holdings Limited, one of Sri Lanka’s most diversified and quietly ambitious conglomerates, has earned a landmark double recognition at Best Management Practices Company Awards 2026 held recently.
0
Sri Lanka’s post-crisis rebound is set to lose momentum in 2026, with the growth moderating as the higher energy costs, structural bottlenecks and external risks begin to weigh on the economy, the World Bank said. The World Bank’s outlook also echoes that of the International Monetary Fund (IMF) and Asian Development Bank (ADB) earlier this month.
0
A record revenue of Rs.70.4 billion has been earned through taxes on liquor by the Excise Department of Sri Lanka (EDSL) up to March 31, making a significant increase in the percentage from the stipulated target of Rs.61.95 billion meant for the first quarter of 2026, the department announced yesterday.
0
Annual Economic Review 2025, the publication in accordance with Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023, was presented to President and Finance, Planning and Economic Development Minister Anura Kumara Dissanayake by Central Bank Governor Dr. P. Nandalal Weerasinghe yesterday.
0
WindForce PLC has approved an internal restructuring to transfer the shareholdings of three of its power subsidiaries from its fully-owned unit Renewgen (Pvt.) Ltd directly to the listed parent, as part of what the company described as a “strategic management decision”.
0
The ASPI closed in red as a result of price losses in counters such as R I L Property, C T Holdings and Dialog Axiata with the turnover crossing Rs. 4.1 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Access Engineering, Janashakthi Insurance Company and Central Finance Company. Mixed interest was observed in Softlogic Finance, Hikkaduwa Beach Resort and Softlogic Capital
0
Aventude has secured a major win at the Singapore Business Review Technology Excellence Awards 2026, taking home the award for Information Management - Computer Software in recognition of its outstanding engineering contribution to Norway’s public sector digitalisation through the low code platform, Compose.
0
Aitken Spence Travels has once again reaffirmed its leadership in Sri Lanka’s tourism sector, being recognised as a Category Winner in the Hospitality & Tourism Services sector at the CPM (Chartered Professional Management) Best Management Practices Company Awards 2026 for the third successive year. Achieving a significant milestone, the company was also listed among Sri Lanka’s Top 40 companies for the first time, underscoring its continued comm
0
The Commercial Bank of Ceylon has announced that it has disbursed more than Rs. 14 billion through 11,869 loans under a range of specialised credit schemes in the 15 months from 1st January 2025 to 31st March 2026, reaffirming its leadership in supporting Sri Lanka’s micro, small and medium enterprises (MSMEs).
0
The Rotary Club of Colombo Uptown and the Women’s International Foundation (WIF) have signed a Memorandum of Understanding (MOU) with MullenLowe Sri Lanka, forming a strategic partnership to scale the ‘Dear Father’ programme into a national movement.
0
Sri Lanka Embassy in Vietnam in collaboration with the Andrew’s Travels (Pvt) Ltd, participated in the Vietnam International Travel Mart Hanoi (VITM Hanoi) 2026, held in Hanoi this month, as part of a strategic initiative to promote Sri Lanka as a premier travel destination to emerging markets in Southeast Asia.
0
During the Sinhala and Tamil New Year, Allianz Insurance Lanka Limited once again stood alongside Sri Lankan communities by continuing its Avurudu Negam initiative for the second consecutive year, expanding its reach to support families during the festive travel period.
0
Free Trade Zone Manufactures Association ( FTZMA) made a financial donation of Rs. 5 million to strengthen the Rebuilding Sri Lanka Fund established by the government to provide relief to the people affected by Cyclone Ditwah and rebuild the damaged infrastructure.
0
RMD Consultants (Pvt) Ltd, a leading HR consultancy specializing in human resources management, has announced its 3rd public Japanese Management Training Programme (MTP), starting 6th May. This programme also marks the 60th MTP batch conducted in Sri Lanka, reinforcing RMD’s reputation in management development and organizational excellence.
0
In a decisive regulatory response to a staggering Rs. 13.2 billion internal fraud, the Central Bank of Sri Lanka has mandated National Development Bank PLC to undergo a comprehensive forensic audit led by international experts.