Dr. Benjami Reyes, the Secretary General of Colombo Plan (CP) met with the Saudi Arabian Ambassador to Sri Lanka Khalid Hamoud Alkahtani recently to discuss further cooperation in the maritime sector as a member country of the Colombo Plan.

The secondary market yield curve remained broadly unchanged, with activities in the market continuing to remain subdued, as the investors adopted a wait-and-see approach followed by thin volumes. However, amidst slight buying interest, the 2028 matu

State-run Sri Lanka Telecom (SLT) saw its performance dampen for the financial year ended on December 31, 2023. The interim financial statements filed to the Colombo Stock Exchange showed that the group recorded a loss of Rs.3.9 billion, contrasting

The Puttalam district in the Northwestern province has recorded the highest value for multidimensional vulnerabilities, recent data from the United Nations showed. According to the Multidimensional Vulnerability Index (MVI) District Profiles launche

Axiata Group Berhad Chief Executive Officer Telecommunications Business and Group Executive Director Dr. Hans Wijayasuriya was honoured with the GSMA Chairman’s Award, at the recently concluded Mobile World Congress held in Barcelona, Spain. The mo

Just In Time Group (JIT), the leading provider of innovative systems integration solutions in Sri Lanka, announced the appointment of Neranjan Dissanayake as its Chief Executive Officer, effective January 31, 2024. A graduate of the University of Mo

CNN: Damage to undersea cables in the Red Sea is disrupting global telecommunications networks and forcing internet providers to reroute as much as a quarter of traffic between Asia, Europe and the Middle East. Cables belonging to four major telecoms

The Ceylon Motor Traders Association (CMTA) on the invitation of the Society of Indian Automobile Manufacturers (SIAM) met Indian government officials recently to discuss ways to revive Sri Lanka’s automotive sector. Charaka Perera, Chairman of CM

Serendib Flour Mills (SFML) commenced commercial operations in 2008 and for over 15 years has been driven by unwavering efforts to uplift the standard of living of all Sri Lankans with the finest wheat flour products, combining technological excellen

Teejay Lanka PLC has announced the appointment of two eminent apparel industry personalities, Bill McRaith and Shrihan B. Perera as independent, non-executive directors, effective 1st March 2024. Bill McRaith was in his last appointment, Chief Supply

HNB General Insurance announced a collaborative partnership with Sampath Bank to offer customers 12-month 0 percent interest payment plans on both motor and non-motor insurance policies. This marks HNB General Insurance’s collaboration with a non-

Export Development Board (EDB) in collaboration with Sri Lanka Missions in the USA, organised the Sri Lanka country pavilion at Sourcing at Magic Exhibition, in Las Vegas, USA recently with the participation of 11 Sri Lankan companies. Sourcing at

Geopolitical tensions wield a profound influence on the global landscape, affecting various sectors, including tourism. As nations navigate diplomatic disputes, conflicts, and geopolitical shifts, the ramifications extend to the tourism industry, sha

SplashBay @ Pearl Bay, the water leisure park in Bandaragama has secured the European Health and Safety Standard Certification from TÜV NORD on the occasion of its first anniversary celebration. A member of the David Pieris Group, Pearl Bay seamles

With Justice Minister Dr. Wijeyadasa Rajapakshe insisting that salary increments for the public sector must be done in consultation with the Finance Ministry after a recent controversy, there is interest as to how executive pay and perks should and m

Sri Lanka’s construction sector for the first time saw its activity exceed the neutral threshold since January 2022.

The financial performance of the Ceylon Electricity Board (CEB) is largely positive as it ended the financial year 2023 with a massive profit.

The Association of Professional Bankers (APB) felicitated National Savings Bank (NSB) General Manager and CEO Shashi Kandambi...

Union Bank recorded a steadfast performance during FY2023, with an improved core banking performance with an 18 percent,....

Nations Trust Bank (NTB) reported strong performance to close the financial year ending on December 31, 2023, demonstrating....

As a trailblazer in Privilege Banking, NDB Bank introduces its latest innovation, Privilege Junior Savings. This exclusive ....

Janashakthi Life, a member of the Janashakthi group, announced the appointment of Dilip de S. Wijeyeratne as an Independent, Non-Executive...

Long-term champions of women’s empowerment through financial independence, Bank of Ceylon (BOC) marks the International Women’s Day....

Commercial Bank of Ceylon conducted 27 skills development programmes for micro, small and medium enterprises (MSMEs)...

The government has formulated a three-year action plan to tackle deep-rooted corruption in the public sector based on IMF’s...

Merchandise imports appear to be getting a lift from the rising consumer spending and a recovering economy, which could...

The market lending rates have continued their downward path. This is a sign that the previous monetary easing measures....

The International Air Transport Association (IATA) released its 2023 Annual Safety Report for global aviation. Aviation ....

Belgian expert in remote-controlled shipping Seafar and its partners, HKG Shipping and Reederei Deymann, have reportedly ...

SriLankan Aviation College, the training arm of SriLankan Airlines, successfully gained the National Vocational Qualifications (NVQ)...