The Kumaratunga Munidasa Memorial Scholarship Awards, organized annually by Kumaratunga Munidasa Foundation, was held recently at the auditorium of Sambuddha Jayanthi Mandira, Colombo 04, in commemoration of the 137th birthday of the eminent scholar.

Asian Paints Causeway has entered a strategic partnership with Pit Pass, Sri Lanka’s leading digital content platform for automobiles and racing.

In its efforts to support the digital transformation of small and medium-sized enterprises (SMEs), NDB Bank recently hosted a transformative event at the Solis Hotel.

Pan Asia Bank opened digital zones at its Homagama and Panadura branches recently.

The Sri Lanka Export Development Board (EDB) marks its 45th anniversary today.

Premier blue-chip company John Keells Holdings PLC reported a decline in group profitability for the first quarter of the financial year 2025 (1Q25) due to pre-opening expenses and non-cash exchange losses of its upcoming high-profile property, and a

John Keells Holdings yesterday announced it will raise Rs. 24 billion to support the project funding requirement at Waterfront Properties Limited (WPL).

Pakistan which commended Sri Lanka in stabilising the debt crisis said it could learn from Sri Lanka’s experience, according to a statement from the Foreign Affairs Ministry.

The market is expected to be rerated towards the election, according to First Capital Research, as investors are likely to adjust their overall valuations during that period.

The government is determined to grant the announced Rs.1700 living wage for plantation workers by issuing a fresh gazette within the first two weeks of August, after securing the required approvals from respective wages boards.

The Central Bank emphasised that Sri Lanka should not compromise its regulatory integrity just to accommodate a few highly publicised commercial products and payment platforms.

Hemas Holdings PLC reported subdued top and bottom-line performance in the three months ended in June 2024 as the company scrambled with consumers significantly weakened by the red-hot inflation in 2022 and 2023 and the repeatedly raised taxes.

The government is set to formulate a new legislative Act for the National Agency for Public-Private Partnership (NAPPP) to enhance the legal validity of the agency and its partnership agreements.

The ASPI closed in red as a result of price losses in counters such as Commercial Bank, C T Holdings and Browns Investments with the turnover crossing Rs. 558 mn.

The secondary market witnessed a complete standstill during yesterday as the investors remained on the sidelines longing for the outcome post the Rs. 200.0bn T-Bond auction held yesterday, where auction yields witnessed an incline.

The Association of Chartered Certified Accountants (ACCA) and Colombo Stock Exchange (CSE) signed a memorandum of understanding (MoU) recently to establish a partnership aimed at enhancing financial literacy and professional development in Sri Lanka.

The Council for Business with Britain (CBB) held its 24th Annual General Meeting at Westminster House recently. The event marked a significant milestone with engaging discussions and a seamless transition in leadership.

As a pioneer in the digital banking revolution in Sri Lanka, DFCC Bank empowers its customers with an additional 0.5 percent interest on all fixed deposits (FDs) opened via DFCC Online Banking.

The SLT-Mobitel Nebula Institute of Technology, the education arm of SLT-Mobitel, has achieved a significant milestone by being recognised as the 10th IET on Campus Chapter.

Blum, the acclaimed Austrian brand synonymous with high-end furniture fittings, launched its inaugural experience centre in Sri Lanka in partnership with Prudential International (Pvt.) Ltd (Prudential Design Studio).

Singer Sri Lanka PLC, the innovative benchmark and leader in the consumer electronics and home appliances industry, is poised to revolutionise the two-wheel driving experience by introducing the new LIMA ELO7 electric bike to Sri Lanka.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has announced the launch of Dialog Suraksha, a parental control service that ensures your kid’s safety online. This includes a series of safety features that provide an extra layer of secur

In the wake of an economic crisis, Sri Lanka stands at a crucial crossroads. Building a resilient workforce is essential for promoting sustainable growth and improving the nation’s global competitiveness. A strong human capital framework is key to

Pan Asia Bank announced the grand opening of its new digital zones in Galle and Matara.

SriLankan Airlines, in collaboration with Travel Portfolio from the United Arab Emirates (UAE) and Aitken Spence Travels from Sri Lanka, recently concluded a successful familiarisation (FAM) tour of Thailand and Sri Lanka for top travel and tour oper

Sri Lanka needs to transition from a system dominated by ministerial discretion to a rule-based administration, to create an investment-friendly climate and promote a thriving private sector, Sri Lanka’s State-Owned Enterprises Restructuring Unit (

East West Properties PLC, whose majority shareholder is Nahil Wijesuriya, announced that its board of directors has decided to initiate the delisting of the company’s shares from the Colombo Stock Exchange (CSE), subject to obtaining the necessary

As the global regulations tighten and consumer demand for eco-friendly products grows, complying with the sustainability standards is becoming a major challenge and opportunity for the corporates in the country, according to DIMO Chief Financial Offi

The Board of Investment (BOI) Sri Lanka recently joined a global pledge initiated by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and Foreign Direct Investment (FDI) Centre to promote gender equity among the FDI-

Offering a sneak peek view of the consumer markets in the foregoing quarter, Ceylon Cold Stores PLC reported better top and bottom lines, which showed signs of continued recovery in consumer spending.