Sri Lanka will be able to deploy its first credit and debit card-enabled vending machines following a collaboration between Commercial Bank of Ceylon, the country’s biggest private sector bank and Ceylon Business Appliances (CBA), a leading financi

DFCC Bank was honoured for its marketing campaigns on digital platforms with four prestigious Gold awards for outstanding creativity, innovation, effectiveness and corporate social responsibility (CSR) at the illustrious awards ceremony held in Mumba

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, SMB Leasing nonvoting and Dialog Axiata with the turnover crossing Rs. 1.3 bn. A similar behaviour was witnessed in the S&P SL20. High net worth and insti

The secondary bond market witnessed a shift in momentum, with buying interest emerging across the short to mid tenors.

HNB Assurance PLC (HNBA) kicked off the year 2024 on a remarkable note, showcasing robust performance in the first quarter. For the first quarter (1Q) HNB Assurance posted a Gross Written Premium (GWP) of Rs. 3.3 billion while HNB General Insurance

In an effort to support blended finance projects focused on climate change adaptation and mitigation, Sri Lanka proposed a 10 percent levy on the annual profits of global tax evasion assets deposited in tax havens.

Lion Brewery PLC saw its fourth quarter (4Q24) revenue improve, both from the corresponding year and quarter....

John Keells PLC, the commodities and stockbroking arm of the John Keells group, saw subdued performance for the 2023/2024....

The Ceylon Chamber of Commerce (CCC) yesterday called on all political parties to support the continuity of state-owned enterprise....

John Keells PLC yesterday said its stockbroking segment John Keells Stockbroking (JKSB) experienced a subdued performance....

Sri Lanka, with the support of the World Bank, would begin to restructure its water debt, Water Supply and Estate Infrastructure....

The secondary market yield curve inched up, mainly on the short to mid tenure maturities amidst slight selling interest enticed....

The ASPI closed in red as a result of price losses in counterssuch as LOLC Holdings, Commercial Bank and JanashakthiInsurance....

SLT-Mobitel Enterprise has joined forces with Web3Genes in a landmark partnership to revolutionize digitalization....

Global Customer Experience expert Ron Kaufman will lead an event in Colombo on June 6 at Waters Edge, Battaramulla....

People’s Bank continues to set industry benchmarks with its cutting-edge digital initiatives designed to enhance customer....

The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with Colombo Stock Exchange....

VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic missions....

Seylan Cards has tied up with Hayleys Travels to continue its Swipe and Win promo, offering Seylan Card holders an opportunity....

DIMO recently upgraded its Balagolla facility into a full-scale DIMO branch while relocating to cater to the diverse needs....

Dr. Sharmini Coorey is a former director of the Institute for Capacity Development (ICD) at the International Monetary Fund (IMF) and currently....

Empathy in the workplace builds the kind of strong company culture and employee engagement that organisations.....

A delegation comprising officials representing Thai agencies and private sector is in Sri Lanka to explore feasibility and understand the potentials in future cooperation and investment in renewable energy, particularly in the electricity generation

Outstanding credit card balance of the licensed commercial banking sector has little changed in March from February despite an uptick signaling the trend that would follow as the consumers grow more optimistic about the economy. The interest rates ha

The revenue to the government, including the grants, rose by a staggering 61.8 percent in January 2024. This is a result of the government raking in billions of rupees out of people’s pockets to appease the International Monetary Fund’s revenue t

Singer (Sri Lanka) PLC reported some turnaround performance in the quarter ended in March (4Q24) setting the company up for a continuous growth as the consumer demand....

Seylan Bank PLC announced the appointment of Justice Buwaneka Aluwihare, PC, who is set to assume the role of Chairman of the Board, effective from 29 May 2024. The transition....

A small business located in Dematagoda stitching Buddhist flags to cater to the demand for the product this week as Sri Lanka....

Softlogic Life posted a Gross Written Premium (GWP) of Rs. 7.2 billion during the first three months ending 31st March (1QFY24), and a top-line growth of 20 percent compared...

The average prime lending rate, the rate at which banks lend to their big corporate clients for a very short period, continued its weeks-long descent and ended at 9.65 percent, very close...