The Chairman and Co-Founder, Darrell Wade of Intrepid Travel visited Sri Lanka recently. Darrell’s visit serves as a reaffirmation of Intrepid’s commitment to Sri Lanka within its 2030 strategy. “Our commitment entails further strengthening the

A delegation of nine distinguished representatives from Sri Lanka, representing key stakeholders from the Ministry of Agriculture, Elpitiya Plantation, Eastern and Allied Agencies Limited, and Hettigoda Industries (PVT) Ltd, recently embarked on a v

EY Global Delivery Services (GDS) celebrated its second year in Sri Lanka this week. EY GDS is a globally integrated network of over 75,000 professionals across 10 countries dedicated to providing innovative business solutions to EY member firms to

CODEGEN Innovations has been approved as a secondary business of strategic importance to operate in the Colombo Port City special economic zone. The Cabinet of Ministers approved the proposal presented by President Ranil Wickremesinghe, in his capaci

Maliban Biscuit Manufactories, a household name in Sri Lanka with a rich history spanning 70 years, stands at a pivotal point in its journey. As the Sri Lankan market reaches saturation in its segment, Maliban is strategically shifting its focus towa

BBC: Concerns have been raised of a “ripple effect” on global supply chains after a container ship, that was heading towards Sri Lanka, crashed into a bridge in the US city of Baltimore.

The Economic Transformation Bill, along with the revisions proposed by the Attorney General, received the Cabinet nod this week, where the instructions furnished by President Ranil Wickramasinghe to instruct the Legal Draftsman to formulate a draft o

State-owned People’s Bank for the year 2023 reported a total consolidated operating income and pretax profit of Rs.96.8 billion and Rs.19.3 billion, respectively. Reflecting the high interest costs on term deposit funding, due to the high interest

Gradually lifting some of the restrictions imposed on the financial sector, the Central Bank yesterday decided to end the interest rate caps and forced reduction in overall lending....

Sri Lanka’s spice sector will come under fresh spotlight this year as it gears up to host the International Pepper Community’s Annual International Conference 2024. In addition to showcasing....

The national minimum wage in Sri Lanka will be increased going forward with the Cabinet giving the nod for the same. The Cabinet of Ministers....

In a momentous occasion set to strengthen the country’s reporting landscape, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) launched the TAGS Compliance....

The Asian Development Bank (ADB) and government of Sri Lanka signed this week a loan agreement totalling US $ 100 million. US $ 50 million is to provide the small and medium...

Hettigoda Industries (Pvt.) Ltd, the renowned name synonymous with ayurvedic excellence, achieved resounding success at the prestigious Golden Inmediens 2023 Entrepreneurship....

Sri Lanka’s leading private sector bank HNB PLC proudly announced the renewal of its partnership with the premier property site Lanka Property Web (LPW). This collaboration...

Union Bank, now partnered by the strength of the global conglomerate CG Corp Global, recently unveiled a new logo that embodies the bank’s new strategic vision and transformation. Leveraging...

Prime Group, the leading real estate developer in Sri Lanka, proudly announced the successful completion and handover of the state-of-the-art leisure residences at The Beach Front II....

Dialog Axiata’s genie and Dialog Finance PLC were recognised at the LankaPay Technnovation Awards 2024 for their contributions to digital financial services. This recognition serves as a reflection....

Hitech Concrete Solutions (Pvt.) Ltd, a pioneering force in elevating standards and reshaping the landscape of Sri Lanka’s construction industry, demonstrated its commitment....

Validating the surging desire for luxury residences in Sri Lanka, the most recent condominium project that graced Colombo’s skyline by Westbury Suites (Westbury Residencies....

Lanka Special Steels Limited, Sri Lanka’s premier and pioneering manufacturer of hot-dipped galvanised steel wire, with a rich history of over 25 years, recently announced the launch of its flagship....

Hayleys Solar, the premier renewable energy arm of Hayleys Fentons, a subsidiary of the country’s leading conglomerate Hayleys Group, announced a significant milestone....

Sri Lankan household products company Phoenix Industries hosted an evening event at its Makandura factory to relaunch its wide-ranging PVC product line under the new Super PVC....

The secondary market experienced a subdued tone prevailing throughout the day, marked by minimal trading volumes, as the investors remained on the sidelines, awaiting today’s monetary policy review. However, amid this subdued atmosphere, notable a

The Central Bank announced the final date for the depositors of the three failed entities, The Finance PLC, ETI Finance Ltd and Swarnamahal Financial PLC, to submit their compensation claims. In a notice to the public, the Central Bank’s Deposit In

Radisson Hotels Sri Lanka, along with the hotel management company La Vie Hotels & Resorts, yesterday announced the appointment of Kristofer Quadros as Cluster General Manager for the three esteemed Radisson properties in Sri Lanka: Radisson Hotel Co

BBC: The EU has announced investigations into some of the biggest tech firms in the world over uncompetitive practices. Alphabet, which owns Google, Meta and Apple, are all being looked into for potential breaches of the Digital Markets Act (DMA) int

REUTERS: Oil prices rose in early Asian trading yesterday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while a shrinking U.S. rig count added to upward price pressure.

The recent visit of Foreign, Commonwealth and Development Office Deputy Chief Economist Fergus Cumming reaffirms the UK’s commitment to Sri Lanka, the British High Commission in Colombo said. Cumming, during a three-day visit to Colombo from March

Dialog Axiata PLC has been voted the ‘Telecommunication Brand of the Year’ for a record thirteenth year by Sri Lankan consumers at the SLIM-KANTAR People’s Awards 2024. Organised by the Sri Lanka Institute of Marketing (SLIM). Voted for by Sr