Indices closed in red as a result of price losses in counters such as Hatton National Bank, Sampath Bank and Hayleys with the turnover crossing Rs. 376 Mn. High net worth and institutional investor participation was noted in Hayleys Fabric and Lanka

The secondary market yield curve remained broadly unchanged during the day amidst toned-down market activities.

The Commercial Bank of Ceylon has become the first Sri Lankan bank to be a signatory to the Partnership for Carbon Accounting Financials (PCAF), a global initiative that enables signatories to measure and disclose the greenhouse gas (GHG) emissions a

ALFT Packaging showcased the potential of Modern Flexo recently at Drupa 2024 held in Germany, the world’s largest trade fair for the printingand packaging industry and its technologies.

Maharaja Foods Limited marked a significant milestone on July 26, becoming the first woman-owned enterprise in the agribusiness sector with roots in the Northern Province, to list its shares on the Empower Board of the Colombo Stock Exchange (CSE).

Kitchen & Bedroom recently unveiled its new logo, resonating with minimalism, functionality and renewed luxury that one would expect in their living spaces.

The Import Section of the Ceylon Chamber of Commerce successfully conducted its 89th Annual General Meeting at the Shangri-La Hotel Colombo recently, with the State Minister of Financer Shehan Semasinghe in attendance as the Chief Guest.

In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama as its new Executive Chairman.

Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions, recently announced it has been named by The Consulting Report as one of The Top 50 Consulting Firms of 2024.

Public sector workers’ pensions are paid by tax revenue, with12% of government revenue allocated for pensions.

Driven by a passion for crafting inspirational journeys and a commitment to personalized excellence, Acorn Prime Destinations caters to a diverse range of travellers, from thrill-seeking adventurers to luxury aficionados, couples, families, eco-touri

Exterminators PLC, Asia’s 1st public listed great place to work and Asia’s 1st carbon neutral pest control company, is proud to introduce the Practika LED insect light trap in collaboration with Pelsis-UK Limited and Sentario UK Limited.

Sri Lanka is experiencing a substantial financial drain with millions being spent on palm oil imports, industry stakeholders said while calling for reevaluation on the ban on palm oil to address this issue.

Grey market products have long been a contentious issue, enticing consumers with seemingly lower prices. However, beneath the surface, these unauthorised imports bring a myriad of economic and consumer safety concerns that far outweigh their initial

The government will announce its stance on relaxing the import of vehicles by August, Finance State Minister Shehan Semasinghe said.

Associations representing the formal sector of the tourism industry have filed a Fundamental Rights Petition in the Supreme Court challenging the new tourist visa process that was introduced without any forewarning in April 2024.

Earnings from the apparel sector in June expanded 4 percent Year-on-Year (YoY), a move towards the growth trajectory after witnessing a contraction for two consecutive months.

Creating a symphony in every glass, a competitor in action at the Hotel Show Colombo 2024

Sri Lanka’s real estate and construction sectors are recovering strongly, but a leading real estate developer cautioned that a toxic mix of inconsistent policies is making the sector increasingly uncompetitive globally, despite its significant fore

Sri Lanka has a significantly high potential and a comparatively higher advantage to tap into the emerging US$5 trillion green business market in Asia, according to Dilmah Tea Chairman Dilhan Fernando.

A high-level delegation from CPA Australia, including board members and representatives from international markets, recently concluded a successful visit to Sri Lanka.

The Sri Lanka Retailers’ Association (SLRA) convened for its seventh Annual General Meeting (AGM) at Hilton Residencies recently.

Xiteb, a leading software solutions provider and the top eCommerce platform developer, has successfully obtained the ISO 9001:2015 certification, further solidifying its commitment to quality and customer satisfaction.

CIPM Sri Lanka announced the appointment of Priyantha Ranasinghe as its new President, at the CIPM’s Annual General Meeting that brought together a large number of members.

Hayleys Fentons, the first and largest company in Sri Lanka in the mechanical, electrical and plumbing sector, contracted with Advantis 3PL Plus, the market leader in third party logistics (3PL), for fire protection and detection system for the wareh

Another phase of the SANASA Way Forward programme series, conceived by the leader of the SANASA Group, Dr. P.A. Kiriwandeniya, was successfully held recently at Tilco Hotel in Jaffna.

NDB Bank recognises the importance of financial education and empowerment.

People’s Bank and Dialog Axiata PLC have formed a strategic partnership to offer exclusive discounts to People’s Bank credit cardholders across the island, promising substantial savings and making it more affordable to embrace the latest technolo

Diesel & Motor Engineering PLC (DIMO), in partnership with Tata Motors, one of the world’s leading automotive manufacturers, offers an affordable and versatile pickup vehicle for the Sri Lankan market.

Jetwing Jaffna experienced a significant financial upswing in the fiscal year 2023/24, achieving a 60 percent improvement in performance compared to the preceding year.