Spotlighting the growing trend of Sri Lanka’s IT talent, leadership representatives of 99x Group recently named Sri Lanka as one of its top sources for recruitment.   The company last week hosted a high-profile round-table for local media repres

Hayleys Solar, the renewable energy arm of Hayleys Fentons, is empowering Sri Lankan families to take control of their energy needs with ‘Nayak Nowena Nayak’ – an exclusive financial schemes designed to make solar power affordable for everyone.

HNB PLC recently announced their partnership with UNIMO, the automotive arm of United Motors, to provide affordable financing options and exclusive perks for customers looking to purchase vehicles. The partnership offers customers looking to invest

CFA Society Sri Lanka announced the launch of the Ravi Abeysuriya Memorial Award for Best Stock Brokering Research Team recently. The renaming of the gold award as the Ravi Abeysuriya Memorial Award for Best Stock Brokering Research Team at the 2024

Laugfs Rubber has won multiple accolades at the National Business Excellence Awards (NBEA) 2024. Laugfs Rubber emerged as the ‘Winner in the Large Category’ and secured the title of ‘Winner for Excellence in Business and Financial Results - La

Sri Lanka Export Development Board (EDB) in collaboration with the Engineering Faculty of the University of Moratuwa (UoM), launched a new programme to integrate the construction related and power & Energy industry with the University Research Projec

Covalent, a player in the IFS ecosystem, announced its recent rebranding, marking a significant milestone in its mission to revolutionise IFS deployments for its clientele. Founded in 2018 by industry veterans Simon Green and Namal Mohottige, each w

Star Garments Group (Star) was recently recognized at the first-ever International Symposium on Green Industry Initiative for Sustainable Industrial Development (ISGSD), winning a Silver Award in the ‘‘Energy Efficiency in Industry” category fo

Heritance Kandalama, the flagship property of Heritance Hotels and Resorts by Aitken Spence Hotels, marked its 30th anniversary on 24 June 2024. Nestled within Sri Lanka’s Cultural Triangle, Heritance Kandalama stands as the leading eco-retreat in

Amana Bank recently relocated its Puttalam branch to a spacious location at No. 34, Kurunegala Road, Puttalam. This move reflects the bank’s commitment to enhancing customer service and banking convenience to both its existing and new customers. T

Alliance Finance Company PLC (AFC), Sri Lanka’s oldest finance company, recorded a solid financial performance for the fiscal year 2023/24. Amid economic challenges, AFC has demonstrated remarkable growth and resilience, a testament to its strategi

Bunch of sequential incidents commencing from Easter Sunday attack, Covid outbreak etc., drastically contributed and accelerated the economic crisis of Sri Lanka in 2022. However, the reasons for the Sri Lankan economic crisis cannot be confined to

Indices edged down as a result of price losses in counters such as Melstacorp, LOLC Holdings and Hatton National Bank with the turnover crossing Rs. 1.8 bn. Crossings were witnessed in Windforce, Central Finance Company and Hayleys, accounting for 4

The secondary market further continued its lacklustre sentiment from the previous sessions yesterday as investors further sought clarity on the market sentiment, backed by the Rs. 75.0bn T-Bond auction that is scheduled for today 27th June. Limited t

Sri Lanka’s apparel industry is experiencing a downturn, with the export performance in the recent months not being at the expected levels.

As Sri Lanka is set to ink debt deals with the Paris Club creditors, bringing to close more than a year-long negotiations wi

President Ranil Wickremesinghe and IFS Global CEO Mark Moffat engaged in a discussion at the DigiEcon conference yesterday.

The government has not decided to grant permission to the state officials or any other individuals to import vehicles tax-free or allocate foreign exchange for them, Cabinet spokesman and Minister Bandula Gunawardana said.

The Sri Lanka Export Development Board (EDB), Sri Lanka Apparel Sourcing Association (SLASA), Sri Lanka High Commission in the UK and Joint Apparel Association Forum (JAAF) have collaboratively organised a unique export promotion progra

Diversified conglomerate Brown and Company PLC yesterday announced the selling of its subsidiary Browns Fabric Limited.In a filing to the Colombo Stock Exchange, Brown and Company shared the entity was sold to Ceylon Knit Trend (Pri

AIA Insurance, Sri Lanka’s most loved insurer in the corporate brands category (compiled by LMD based on a survey commissioned to PepperCube Consultants), has emerged victorious at the prestigious ACEF Global Customer

Sri Lanka is facing the danger of losing its reputation it has created for itself over the years, a politician representing the

The Bank of Ceylon, one of the most esteemed financial institutions in the Maldives, commemorated its 43rd anniversary on May 28th 2024, marking over four decades of distinguished service and significant contributions to the economic development of t

The Skills for Sustainable Growth (SSG) program, a partnership initiated and funded by the Swiss government, Swiss Agency for Development and Cooperation (SDC) and A. Baur & Co. Pvt. Ltd (Baurs), is making strides in bridging the skills gap, grooming

As Sri Lanka is looking towards a digital economy to accelerate growth, President Ranil Wickremesinghe stressed the need to establish the necessary infrastructure for high-tech cities.

The World Bank’s Board of Executive Directors yesterday announced it has approved US$ 150 million in financing for Sri Lanka to impro

The Ceylon Chamber of Commerce (CCC) officially launched the SPARK Youth Entrepreneurship Competition – 2024, setting the stage for aspiring young entrepreneurs across the country to pitch their innovative business ideas and win big at the

Building on its commitment to improve the lives of all Sri Lankans through financial solutions, Sri Lanka’s pioneering investment institution, First Capital Holdings PLC, renewed its partnership with the non-profit organisation Ro

High Commissioner of Sri Lanka Senarath Dissanayake met with Monetary Authority of Singapore (MAS) Chief Fintech Officer Sopnendu Mohanthy and his team on June 21, 2024, at the Monetary Authority of Singapore, prior to the visit of the fintech delega

Janashakthi Group (JXG) and its key subsidiaries, First Capital Holdings, Janashakthi Life, and Orient Finance, were recently honoured for their contributions to Sri Lanka’s digital landscape at the inaugural Digital Trust Awards 2024, organized by