Sri Lanka’s foreign policy balance will be key for AKD

Former President Jimmy Carter, who passed away last week, may not have been a flamboyant U.S. President but he is widely respected—not for political victories but for his unwavering dedication to service, both in and after the White House.

HNB-Iconic Galaxy offer special home financing

Sri Lanka’s leading private retail bank HNB PLC has strategically aligned with Iconic Developments (Pvt.) Ltd through a memorandum of understanding (MOU) to provide innovative home financing solutions.

SL’s digital penetration has become the effective marketing tool for any biz: Antyra

With ecommerce booming, almost every industry in Sri Lanka has gone digital, leveraging technology to create value for both companies and consumers.

HNBF clinches Bronze at TAGS Awards 2024

The TAGS Awards Committee of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced HNB Finance PLC as the Bronze award winner in the Non-Bank Financial Institutions (Total group assets between Rs.25-75 billion) category at the prestigious TAGS Awards 2024, marking the company’s third consecutive win at the grandeur event, held at Shangri-La Hotel, Colombo.

ComBank honours staff for 25 years of service

Commercial Bank of Ceylon recently recognised the loyalty and 25 years of service of 37 employees at the 2024 edition of the bank’s annual Seniority Awards ceremony, at which these employees were rewarded with valuable gifts and plaques of appreciation.

Seylan Bank supports Colombo Motor Show

Seylan Bank partnered with Colombo Motor Show 2024 as the Official Banking and Leasing Partner for the seventh consecutive year, further solidifying its position as the go-to financial partner for vehicle enthusiasts and potential customers.

NDB wins Euromoney Award for Best Bank for Diversity and Inclusion

National Development Bank PLC (NDB) has been honoured with the prestigious Best Bank for Diversity and Inclusion award at Euromoney Awards 2024.

Bogawantalawa Teas wins Sustainability Award at North American Tea Conference

Bogawantalawa Tea Estates PLC (BTE) has been awarded the North American Sustainability Tea Award (NASTA) for its exemplary project, ‘the Climate Positive Journey’, during the 2024 North American Tea Conference (NATC) held from September 24th to 26th in Ontario, Canada.

Viman by John Keells Properties launches SL’s first interactive calendar

Sri Lanka’s first-ever interactive desk calendar, introduced by Viman by John Keells Properties, offers a unique and engaging way to connect with the vibrant suburban lifestyle envisioned by the project.

Godrej Sri Lanka launches revamped corporate website

Godrej Sri Lanka has unveiled its newly revamped corporate website, marking a significant step in its mission to align with the company’s global strategy and drive its ambitious growth plans in Sri Lanka.

South Asia Agri Forum to kick-start in Colombo today

The 3rd South Asia Agri Forum is set to take place today and tomorrow (15, 16) at the Shangri-La Hotel in Colombo.

J’Pura University honours illustrious alumnus Prof. Patrick Mendis

The University of Sri Jayewardenepura announced the appointment of its illustrious alumnus, Prof. Patrick Mendis as a distinguished visiting professor and honorary fellow in December 2024.

IndiGo becomes largest foreign carrier out of Sri Lanka

India’s IndiGo becomes the largest foreign carrier out of Sri Lanka, with it operating 54 weekly flights. The airline operates to two cities in Sri Lanka – Colombo and Jaffna, from four cities in India – Bangalore, Chennai, Hyderabad and Mumbai.

BOI goes digital to streamline services and enhance transparency

Sri Lanka’s investment promotion agency, the Board of Investment (BOI), yesterday announced the digitisation of some of its key functions, in an effort to provide an efficient service with minimal human intervention, eliminating the need for paper and enhancing the transparency of the system.

First tea auction of year kicks off on positive note

The first sale of the year began on a positive note, with the tea prices reflecting a firm to dearer trend, perhaps emanating from a combination of an absence of an auction last week, declining volumes and recent depreciation of the Sri Lankan rupee, Forbes and Walker Tea Brokers said.

Women’s leadership gap hinders SL’s economic growth: Prime Minister

Sri Lanka must prioritise women’s participation in the business and decision-making roles as a strategic necessity for economic growth, Prime Minister Dr. Harini Amarasuriya said, asserting the need for greater gender inclusivity in the corporate sector.

Rising women entrepreneurs celebrated at WCIC Prathibhabhisheka 2024

Sri Lanka’s women entrepreneurs gained recognition at WCIC Prathibhabhisheka – Women Entrepreneur Awards 2024, which celebrated the achievements of 28 business leaders, the organisers said.

Week ends in green

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Hatton National Bank nonvoting and LOLC Holdings with the turnover crossing Rs. 3.7 Bn. High net worth and institutional investor participation was noted in Amana Bank, Sampath Bank and Lanka Milk Foods. Mixed interest was observed in Browns Investments, Hatton National Bank and LOLC Holdings whilst retail interest was noted in LOLC Finance, Industrial As

COYLE champions innovation and entrepreneurship in 2024

The Chamber of Young Lankan Entrepreneurs (COYLE) continued its legacy of fostering economic growth and innovation in Sri Lanka with a remarkable series of initiatives in 2024.

Softlogic Life flies Santa onto Galle Face Green sky

In a dazzling display of creativity and innovation, Softlogic Life, illuminated Colombo’s night sky at Galle Face Green with a festive spectacle like never before.

Hemas Consumer Brands makes donation to Sri Lanka Red Cross

Hemas Consumer Brands (HCB) partnered with the Sri Lanka Red Cross Society to support 5,000 families affected by the recent floods in the Eastern Province.

Denta’s oral health campaign empowers smiles across Sri Lanka

Denta, a leader in oral healthcare, recently announced the growing success of their “Wadena Sinahawata Dental Sathkaraya” initiative. With a mission to raise awareness on the importance of oral health,

Atlas Sip Savi and Ridee Viharaya continue 22-year partnership

Atlas marked 22 years of impactful collaboration with the Atlas ‘Sip Savi’ initiative and Ridee Viharaya, once again empowering over 50,000 Sri Lankan schoolchildren by providing equal education opportunities.

Ceylinco Life ends 2024 with 12 free medical camps under ‘Waidya Hamuwa’

Ceylinco Life recently conducted a free medical camp in Neluwa in Galle under the company’s ‘Waidya Hamuwa’ community health programme, ending 2024 with 12 such camps that benefitted more than 2,600 people.

ComBank pledges another 100,000 trees to celebrate Water Board’s anniversary

The Commercial Bank of Ceylon has announced a milestone partnership with the National Water Supply and Drainage Board (NWSDB) for the launch of a massive countrywide community-centric programme to plant another 100,000 trees.

Mixed sentiment emerges post auction

The secondary market yield curve witnessed a day of mixed sentiment amidst the presence of both buying and selling activity.

Nestlé Coconut Development Plan supports 500 more rural families in Northern Province

The Nestlé Coconut Development Plan was expanded recently, benefiting 500 rural families in the Northern Province.

Prime Lands Residencies honoured with Gold at TAGS Awards

Prime Lands Residencies PLC has achieved a momentous victory at the TAGS Awards 2024, securing the prestigious Gold Award in the Land and Property Companies Sector. The Gold Award represents the company’s steadfast commitment to corporate excellence with a focus on ethical, sustainable, and transparentbusiness practices, and digital-forward corporate reporting.

First Capital renews platinum sponsorship to boost CR&FC

First Capital Holdings announced the renewal of its Platinum sponsorship with the Ceylonese Rugby & Football Club (CR&FC) for the ongoing rugby season.

Sri Lanka’s largest cake made with Pelwatte Butter

Pelwatte Dairy announced that it is the main sponsor of Sri Lanka’s Largest Cake event, a noteworthy and historic endeavor put together by Swarnawahini in association with Sri Lanka Institute of Tourism and Hotel Management (SLITHM).