TEG Group, comprising Tropicoir Lanka (Pvt.) Ltd, Euro Substrates (Pvt.) Ltd and Growrite Substrates (Pvt.) Ltd, is commemorating its 25th anniversary as a pioneer in sustainable innovation. Since its inception....

Renewable energy player Vidullanka PLC has recorded earnings of Rs.211.8 million for the quarter ended on June 30, 2023 (1Q24), up marginally by one percent year-on-year, the latest interim financials....

During the first half of 2023, HNB Assurance PLC (HNBA) and its fully-owned subsidiary HNB General Insurance Limited (HNBGI) accomplished a noteworthy feat by collectively amassing a gross....

Bank of Ceylon (BOC) has reported Rs.10.5 billion of profit before tax (PBT) for the six-month period ended on June 30, 2023, amidst the unprecedented challenges continued to prevail...

The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on August 14, 2023. The shares have been...

People’s Bank recently organised a special training session for its management and top corporate executives on the evolving card-based payment landscape and emerging technologies in the banking sector....

LOLC Finance, the largest non-banking financial institution (NBFI) in Sri Lanka, recently announced the opening of its new LOLC Finance Negombo Metro branch, located at No 74, Colombo Road. This occasion....

Sampath Bank, among Sri Lanka’s leading financial institutions, has been honoured with the esteemed ‘Best Bank in Sri Lanka’ award by Euromoney for the year 2023. This recognition....

The corporate website of Commercial Bank of Ceylon has won twin Golds as the Overall Winner and Best Banking and Finance website in Sri Lanka, at the 2023 BestWeb.lk competition conducted by the LK....

The work to restore the railway line from Anuradhapura to Mihintale, which has been in a dilapidated condition for some time, was started on Saturday (12), under the patronage of Transport, Highways and Mass Media Minister Bandula Gunawardena.

Appreciating valued customers for their loyalty and unwavering support in reaching this milestone, all 10 SPAR supermarket outlets are offering a dizzying array of exciting prizes starting with 10 grand prizes of a 2-day, full-board stay at the iconi

Establishing a sustainable supply chain implies “shaping a company’s investment, operational and procurement decisions to achieve positive environmental, social, and governance outcomes and reduce harm” – Word Economic Forum. These may range

Laugfs Supermarkets recently announced that it has been selected as one of the most loved brands in LMD’s Brands Annual Ranking 2023, compiled by Brand Finance Lanka. This recognition is a testament to the exceptional quality, trust, and customer

Macksons Group, the conglomerate synonymous with excellence and innovation, recently announced the inauguration of its latest venture, Macksons Tea Exports. Steeped in history and heritage, this new addition to the Macksons family embraces the captiv

Ansell recently announced that Ansell Textiles Lanka, one of its manufacturing plants in Sri Lanka, has become its first facility to receive the ISO 50001:2018 certification. This significant accomplishment highlights Ansell’s commitment to incorp

PNB - a business process outsourcing (BPO) company serving clients in Australia, UK, USA, and NZ, has once again proven its excellence by securing three coveted awards at the National Business Excellence Awards 2023. Additionally, PNB has been honor

Aitken Spence PLC was ranked amongst the top 10 in the Most Respected of the nation’s most admired corporations for 2023. The annual ranking is by LMD through an exclusive survey conducted by NielsenIQ’s to gauge peer perceptions based on a weigh

Singer Sri Lanka - the leading consumer durable retailer has achieved a remarkable feat by being named the Most Valuable Consumer Brand-Retail by Brand Finance 2023. This recognition highlights the company’s unwavering commitment to maintaining bra

Sampath Bank PLC, Sri Lanka’s third largest private lender in terms of assets, saw its June quarter (2Q23) earnings soaring amid a sharp decline in impairment charges, the interim financial accounts released to the Colombo Stock Exchange showed. Th

Nations Trust Bank PLC (NTB) reported strong earnings for the quarter ended on June 30, 2023 (2Q23) amid a solid core banking performance and sharp reduction in impairment charges. The banking group reported earnings of Rs.10.41 per share or Rs.3.32

National Development Bank PLC (NDB) reported higher earnings for the quarter ended on June 30, 2023 (2Q23) and first half, as the bank was able to reduce the impairment provisions significantly from last year, which were made on the bank’s foreign

AFP: The BBC announced yesterday that it has sold its historic Maida Vale Studios to a group including the German film score composer and music producer Hans Zimmer. The site in northwest London, which was bought by the broadcaster in 1933, is a comp

Tourism and Lands Minister Harin Fernando yesterday emphasised the urgent need for a tourism policy that remains consistent despite changes in government or political leadership and called for its prompt presentation to the country.

JAT Holdings PLC, Sri Lanka’s market leader in wood coatings, witnessed a significant surge in revenue contribution originating from its operations in Bangladesh in the June quarter (1Q24), the interim financial accounts released to the Colombo Sto

The Minimum Room Rate (MRR) for city hotels that will come into effect by October 1 has tourism sector stakeholders divided on the overall outcome of the move. While one section expects....

During a recent high-level discussion at the Presidential Secretariat, President Ranil Wickremesinghe called for urgent and comprehensive plans to revitalise Sri Lanka’s gem and jewellery industry, aiming...

Sri Lanka Telecom PLC (SLT), the leader in fixed line telephony, reported losses in the June quarter (2Q23) amid weak top line performance, as its mobile arm Mobitel recorded revenue de-growth owing...

Commercial Bank of Ceylon PLC (ComBank), Sri Lanka’s largest private lender with an asset base of Rs.2.46 trillion, recorded positive earnings for the quarter ended June 30, 2023 (2Q23)....

Workers’ remittances to Sri Lanka have surpassed the US$ 500 million threshold for the second time since the pandemic, reaching US$ 541 million in July, according to data released by the Central....

Hatton National Bank PLC, Sri Lanka’s second largest private bank in terms of assets, reported higher earnings for the quarter ended June 30, 2023 (2Q23) on strong core banking performance and...