Apparel sector commends govt. for proactive leadership

The Joint Apparel Association Forum (JAAF) yesterday extended its appreciation to the Government of Sri Lanka (GoSL) and President Anura Kumara Dissanayake for their “swift and decisive” engagement in

Banks never required treasury allocated Rs.450bn for capital augmentation: CBSL

Despite the allocation of a massive Rs.450 billion by the government in 2024 for banks to close potential capital shortfalls, the funds were not required as the banks submitted recapitalisation plans instead to show

National Bartenders Competition witnesses female contestants nearly doubling at upcoming 30th edition

The 30th National Bartenders Competition, a collaborative effort by International Distillers Limited (IDL) and the Sri Lanka Hospitality Graduates Association (SLHGA), has seen a surge in female contestants,

Siyapatha Finance delivers strong financial performance in FY 2024

Siyapatha Finance PLC announced a strong financial performance for the fiscal year 2024 with the highest recorded profit in Siyapatha history, reflecting its strategic expansion, prudent financial

Italy calls for direct flights, free visa and targeted marketing

Despite ranking as Sri Lanka’s 14th-largest tourism market, Italy’s potential remains largely untapped. Dr. Alberto Arcidiacono, Deputy Head of Mission at the Italian Embassy, emphasised the critical need for direct

99x bridges cybersecurity gap with hands-on workshop Led by industry experts

99x, in collaboration with SLASSCOM, recently organised a hands-on security workshop, ‘Wanderers Above the Sea of Vulnerabilities’, to address the growing need for professionals to safeguard software

Hayleys Solar offers HNB cardholders interest-free instalments

Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, is offering exclusive interest-free instalment plans for Hatton National Bank (HNB) credit cardholders, making solar energy more accessible

American Polymers wins Gold at national, int’l quality conventions

American Polymers (Pvt.) Ltd has secured two Gold awards at two prestigious national and international quality conventions in 2024.

AIB completes 5th graduation ceremony

The Academy of International Business (AIB) recently celebrated its fifth graduation ceremony at the BMICH.

Digital banking transformed with DFCC ONE

DFCC Bank has launched DFCC ONE, a cutting-edge mobile banking application that sets a new benchmark for digital banking in Sri Lanka.

SLASSCOM Ingenuity Award winners dazzle at WSA

The winners of SLASSCOM National Ingenuity Award 2024 (SNIA) achieved remarkable success, with four groundbreaking digital solutions from Sri Lanka standing out in a highly competitive field at the World

Port City Colombo partners Thailand Invest SL Forum

Port City Colombo participated as a Platinum Partner at Invest Sri Lanka Business Forum 2025, held recently in Bangkok, Thailand.

IceWarp expands into Sri Lanka

IceWarp, a global leader in business communication solutions, officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s

HNB Finance’s rights issue oversubscribed

HNB Finance PLC (HNBF) successfully completed its rights issue with both its voting and nonvoting share issues being oversubscribed. The board of directors of HNBF resolved on January 3, 2025, to issue

Hayleys opens state-of-the-art Kiruwanaganga Tea Factory

Hayleys Plantations marked a significant milestone with the ceremonial opening of the new Kiruwanaganga Tea Factory.

DFCC Bank introduces Avurudu cardholder offers

Running through March and April, DFCC Bank’s Avurudu campaign offers exceptional value to both credit and debit cardholders through substantial discounts, flexible payment plans and attractive cashback

ComBank-Micro Cars offer attractive leasing options

Commercial Bank of Ceylon has entered into a strategic partnership with Micro Cars Limited to offer attractive leasing options for the complete range of vehicles assembled or produced locally by the latter.

NDB Bank partners APB’s 35th Anniversary Convention

NDB Bank partnered with the Association of Professional Bankers (APB) Sri Lanka for its 35th Anniversary Convention, held recently at Cinnamon Life – Waterfront in Colombo.

StanChart-Club ITC Culinaire partner for Priority clients

Standard Chartered Sri Lanka has partnered with ITC Ratnadipa on its Club ITC Culinaire Sri Lanka Membership Programme, offering an exclusive package designed specifically for the bank’s Priority

HNBA’s advisor, partnership channels drive 26% growth

HNB Assurance PLC (HNBA) delivered another year of outstanding financial performance, securing a 7.5 percent market share and moving a step closer to achieving its ambitious target of 10 percent market

Experts sound alarm over sharing hacked data as cyber-attacks rise in SL

Sri Lanka’s cyber-security and legal communities this week warned the public against sharing hacked information, asserting that such acts are illegal and carry serious consequences under the country’s

SLT-Mobitel honoured as Sri Lanka’s Fastest 4G Network

SLT-Mobitel was recognized as the country’s fastest 4G network by Ookla for 2024, the global leader in internet testing and analysis.

Business World International Awards takes off in style

The Business World International Conference and Awards Ceremony organised by Business World International Organisation INC-USA, the event which is recognized as an important Business Award

ComBank unveils new Corporate Branch at Head Office

The Commercial Bank of Ceylon has transformed its iconic ‘Foreign Branch’ into the ‘Corporate Branch,’ reaffirming its commitment to delivering dedicated, comprehensive financial solutions to corporate and

Cargills Food City celebrates Sinhala and Tamil New Year with ‘Aluth Irai Avuruddai’ festival

In celebration of the Sinhala and Tamil New Year, Cargills Food City brought festive joy to its customers with the ‘Aluth Irai Avuruddai’ festival—a two-day celebration held on the 4th, 5th, 7th, 8th and 9th of April

People’s Bank Kayts branch and Palaly Service Centre relocate

People’s Bank recently relocated its Kayts Branch and Palaly Service Centre to new premises, further strengthening its service offerings in the region.

The Tree House International wins BWIO Award

Tree House International, located in Dehiwala, has been recognised as the Most Evidence-Based Special Needs School of the Year at BWIO Awards. The only international school in Sri Lanka dedicated

Lina Manufacturing unveils new logo to mark new chapter

Lina Manufacturing Limited, the pharmaceutical manufacturing arm of Sunshine Holdings PLC, unveiled its new brand identity – a powerful logo that reflects the company’s evolution, vision, and commitment to

ADB sees Sri Lanka’s growth at 3.9% in 2025

Sri Lanka’s recovery is expected to continue at a moderate growth of 3.9 percent in 2025 and 3.4 percent in 2026, following a strong rebound in 2024, the Asian Development Bank (ADB) said in its Asian Development Outlook report released yesterday.

ADB signals shift toward investment projects in Sri Lanka

The Asian Development Bank (ADB) announced plans to gradually shift its focus in Sri Lanka from budget support to investment projects, as the country shows signs of economic recovery.