PMF Finance strengthens financial standing through Cargills Bank strategic support

PMF Finance PLC has further bolstered its financial standing through a key partnership with Cargills Bank.

Business World International Conference & BWIO Award Ceremony in April

The Annual Business World Conference and BWIO Award Ceremony 2025 are set to take place on 5 April, 2025, at Mount Lavinia Hotel, starting from 5 p.m. onwards.

SLT-Mobitel introduces ‘Hello AI’ to empower youth

SLT-Mobitel has launched ‘Hello AI’, the first-of-its-kind, innovative AI-centric mobile package specifically designed to place artificial intelligence and educational platforms within reach of Sri Lankan youth.

CH17 Loyalty partners with Classic Travel to launch SL’s first Black Travel Card

CH17 Loyalty has partnered with Classic Travel to introduce the country’s first-ever Platinum Black Travel Card.

GPTW to host women’s empowerment and leadership event on March 12

In honour of International Women’s Day, the “Journey in Heels: Aspire, Accelerate, Achieve” event will be hosted by Great Place To Work on 12th March.

Dearo Investment associates with Ceylinco General Insurance to enhance customer benefits

Dearo Investment Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Ceylinco General Insurance to provide an insurance scheme for its customers.

NCCSL and BIMT Campus sign MOU to empower corporate leaders

The National Chamber of Commerce of Sri Lanka (NCCSL) and the British Institute of Management and Technology (BIMT Campus) announced the signing of a Memorandum of Understanding (MOU) that aims to elevate corporate leadership across the nation.

Nawaloka Hospitals diversifies Board with Independent Non- Executive Directors

Nawaloka Hospitals PLC has taken a significant step in strengthening its corporate governance and strategic direction with the appointment of five distinguished Independent Non-Executive Directors.

Senaro unveils Experience Centre marking anniversary

Senaro Motor Company (Pvt) Ltd. is celebrating 22 years of success and innovation in the Sri Lankan automotive industry.

Electricity tariff cut brings consumer prices further down in February

Sizeable cut to electricity tariffs in the third week of January brought consumer prices in the Colombo district further down in February.

Build resilience as economy stabilises, CBSL tells private sector

As Sri Lanka transitions from economic stabilisation to growth acceleration following its worst economic crisis in 2022,

CCC calls for speedy implementation of structural reforms

As Sri Lanka enters the second half of its four-year IMF programme, it is crucial that the government accelerates the implementation of structural reforms essential for sustainable growth, the Ceylon Chamber of Commerce (CCC) said.

Sri Lanka’s external sector stays resilient in January despite widening trade deficit

Sri Lanka’s external sector kicked off 2025 on a strong note, with steady inflows from services exports, tourism, and remittances helping offset pressure from a widening trade deficit, the Central Bank said.

Stable prices, favourable weather accelerate local construction growth in January

Sri Lanka’s construction sector continued to expand in January, supported by stable prices and favourable weather,

ComBank weathers Rs. 45 bn Sri Lanka ISB hit, delivers strong 2024 results

The Commercial Bank of Ceylon Group reported strong financial results for 2024, as prudent provisioning,

Behind the pill:Who sets price of your medicine?

A nation’s economic progress is closely tied to the strength of its healthcare system. A robust healthcare system is a key driver of a country’s societal welfare.

TVS Lanka redefines Sri Lanka’s two-wheeler industry

TVS Lanka continues to redefine Sri Lanka’s two-wheeler industry by manufacturing the total range of motorcycles, scooters and mopeds, with domestic value addition.

Arctic wins Vertiv’s Best Thermal Solutions Partner award

Sri Lanka’s leading data centre cooling specialist Arctic (Pvt.) Ltd was awarded the Best Thermal Solutions Partner for Sri Lanka by Vertiv Co., the global leader in precision air conditioning systems.

First vehicle consignment for local market arrives at HIP from Japan

On February 27, 2025, the Hambantota International Port (HIP) received its first vehicle shipment following the lifting of import restrictions.

Amana Bank ends 2024 with Rs.1.8bn PAT

Amana Bank PLC concluded 2024 on a strong note, as the bank recorded a profit after tax (PAT) growth of 28 percent to reach Rs.1.8 billion, from Rs.1.4 billion posted in 2023.

Brandix Corporate Campus partners with Australia’s RMIT University

Brandix Corporate Campus (BCC), Sri Lanka’s premier institution for apparel and textile education,

Sampath Bank unveils commercial showcasing ‘Wewata Jeewayak’ initiative

Sampath Bank unveiled a moving commercial at Scope Cinema, Colombo City Centre, bringing to life the story of resilience, renewal and the profound impact of the ‘Wewata Jeewayak’ initiative.

ISMM-EFL 3PL Global-JKLL-Insee partner to elevate supply chain excellence

The Institute of Supply and Materials Management (ISMM), the national professional body for supply chain management education in Sri Lanka,

Janashakthi Group records Rs.18.34bn revenue, Rs.6.18bn EBIT for 9 months

Janashakthi Group (JXG), Sri Lanka’s emerging financial conglomerate, announced its financial performance for the period ending December 31, 2024,

CA Sri Lanka launches 2025 curriculum to future-proof Chartered Accountants

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) this week launched its transformative 2025 curriculum, marking a significant shift in the role of Chartered Accountants.

Fitch assigns Sri Lanka Insurance Corp General ‘CCC+’ IFS and ‘A+(lka)’ National IFS Ratings

Fitch Ratings has assigned Sri Lanka Insurance Corporation General Limited (SLIC General) a ‘CCC+’ Insurer Financial Strength (IFS) Rating and an ‘A+(lka)’ National IFS Rating. The Outlook is Stable.

Fair demand at Colombo Tea Auction this week

The Colombo Tea Auction offerings declined to 5.6 million kilogrammes (M/Kgs); however, the offering was met with fair demand.

Alliance Finance Company launches green bond on CSE

Alliance Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution,

JASTECA Awards 2025 set to spotlight Sri Lanka’s leaders in 5S, Kaizen and CSR

The Japan Sri Lanka Technical and Cultural Association (JASTECA) announced the launch of the prestigious JASTECA Awards 2025,

Feb ends on a positive note

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and Sampath Bank with the turnover crossing Rs. 1.7 Bn.