Maldivian, the national airline of the Maldives, is looking to strengthen its Colombo route, with the introduction of two weekly...

National carrier SriLankan Airlines announced over the weekends that it is modifying its flight paths for the European...

Ambassador for France in Sri Lanka Jean-Francois Pactet visited the Hambantota International Port (HIP) recently, for a tour....

Since the year 1997, I have been involved in a countless number of committees of national trade facilitation. The company....

Dubai’s major airlines say they have resumed a full flight schedule after torrential rain hit the United Arab Emirates....

DFCC Junior - the exciting children’s savings account from DFCC Bank – recently launched e-gift vouchers as part of its benefits scheme....

Commercial Bank of Ceylon announced the integration of the Commerce Department with ComBank Digital, enabling....

Seylan Cards reaffirms its dedication to empowering customers through education by announcing its partnership with the British....

To mark the World Water Day, Amana Bank partnered with the Environment Committee of the Faculty of Arts at the University....

People’s Bank recently declared open an ATM at the Poththapitiya Service Centre. Through this ATM, the customers can withdraw ....

The founders of a key European interest rate benchmark have said its accuracy could be affected as a result of a “deep misunderstanding”....

National Development Bank PLC (NDB), a leading financial institution committed to promoting gender equality and diversity, announced....

The Global Sovereign Debt Roundtable (GSDR) this week brought together debtor countries and creditors to build greater common understanding among the key stakeholders on debt sustainability and debt restructuring challenges and ways to address them.

The International Monetary Fund (IMF) projects the Asia and Pacific region to grow by 4.5 percent in 2024—an upward revision of 0.3 percentage points from the projection given in October 2023. With this, Asia would contribute about 60 percent of gl

Sri Lanka is to pay US $ 308 million in surcharges to the International Monetary Fund (IMF) over the next decade (2024-2033), in constituting to 15.8 percent of the total “charges and interests” over the period, according to the United States-bas

A total of 5.0 million kilogrammes was on offer this week at the Colombo Tea Auction, which was met with good general demand. The leafy teas were often firm and easier. The Small Leaf liquoring types – Better teas, continued to sell well, whilst t

BBC: Oil and gold prices have jumped after US officials said an Israeli missile had struck Iran. Brent crude, the international benchmark, rose to over US $ 90 a barrel after reports emerged of an attack by Israel, before falling back when Iran sough

Posts 186% growth from last financial year Janashakthi Life recorded a profit before tax of Rs.5.2 billion, along with a growth of 201 percent in profit after tax compared to 2022. This achievement is the highest in the entire history of Janashakthi

Daintee, the confectionary arm of Sunshine Consumer Lanka Limited (SCL), recently marked its 40th anniversary, highlighting four decades of excellence in crafting delicious sweets and confectionery delights for millions of Sri Lankans. The grand cel

The world’s largest adventure travel company and the largest travel B Corp, Intrepid Travel Chairman and its Co-Founder Darrell Wade casted doubts on Sri Lanka’s 10-year tourism strategy to attract 2.5 million high-end tourists, expressing conce

Aitken Spence Hotels has once again ranked among the top companies in LMD’s Most Awarded Hall of Fame, solidifying its position as one of the most distinguished entities in Sri Lanka. Acquiring a tally of 52 awards throughout 2023, the company secu

Domino’s Sri Lanka extended its footprint to the Jaffna region with the opening of its newest outlet recently. With a commitment to delivering piping hot pizzas, garlic breadsticks and a range of chicken products, Domino’s brings a truly interna

Thaala Bentota Resort by Browns Hotels & Resorts, in collaboration with the Department of Wildlife Conservation, recently unveiled a conservation initiative aimed at safeguarding Bentota’s vital mangrove ecosystem. The programme aims to focus on t

Indices closed in red as a result of price losses in counters such as Hatton National Bank, Melstacorp and Commercial Bank with the turnover crossing Rs 1.4 Bn. High net worth and institutional investor participation was noted in LOLC Finance, Browns

Slight selling interest persisted for yet another day in the secondary market, with limited activities taking place on the belly end of the curve, largely on the investor favourite 2027 and 2028 maturities. Few trades took place between 11.35 percen

Port City Colombo officials expressed frustration over delays in opening the downtown duty-free mall in Colombo.

Possible delays in reaching an agreement (in principle) with private bondholders is unlikely to impact the disbursement of the third tranche under IMF’s US$ 3billion bailout package, given negotiations are moving ahead in good faith, Former Gover

The secondary market yield curve slightly ticked high, as a slight selling pressure emerged on the belly end of the curve. Accordingly, liquid tenors 2026, 2027 and 2028 saw some activities with 15.05.2026 trading at 11.20 percent. Further, 15.12.20

The Hayleys Leisure Training Academy, a pioneering initiative by Hayleys Leisure, held its second graduation ceremony recently,

Hunas Holdings PLC, a leading player in the investment and hospitality sector, recently announced a strategic partnership with BCC Corporation Japan, a renowned innovator in technology, hospitality and real estate solutions. Together, they