UK-based global renewable energy developer Hive Energy yesterday raised the alarm over the imitation and misappropriation of Hive Energy’s corporate branding and logo in an effort to deceive individuals....

Sri Lanka Association of Software and Service Companies (SLASSCOM) recently welcomed Jehan Perinpanayagam as its new Chairman for the year 2023/2024. With a career spanning 26 years....

99x, a leading product engineering company, has announced significant additions and changes to its management team as part of its dynamic ‘Resetting and Rebuilding’ theme for the year 2023, targeting...

The Commercial Bank of Ceylon has been ranked as the strongest bank brand in Sri Lanka for the fourth consecutive year and the second strongest brand in the country overall by Brand Finance, the world’s...

Lassana Innovations, a subsidiary of Lassana.com (Pvt.) Ltd, marked a major milestone recently with the grand opening of the Treats of Ceylon shop at Bandaranaike International Airport (BIA). The Treats....

Centrum Marine Consultancy, the emerging leader in the provision of marine HR solutions in Sri Lanka, has entered its latest phase of rapid growth by unveiling its new headquarters ‘446 Centrum Haus’,...

The Women’s Chamber of Industry and Commerce (WCIC) is excited to announce the launch of a new project aimed at combating gender-based violence and harassment (GBVH) in the workplace. Building....

The National Packaging Centre has been reactivated to support the growth of the local manufacturing industry in Sri Lanka. The reopening ceremony...

The ASPI closed in red as a result of price losses in counters such as Lanka IOC, Commercial Bank, and Melstacorp with the turnover crossing Rs. 2.5 bn. Similar behavior...

Fitch Ratings yesterday said the government’s debt restructuring plan is likely to reduce investment and liquidity risks for domestic insurers, as the proposed plan would not have a direct impact on the local currency government debt holdings of in

Based on the Central Bank data, Verité Research yesterday pointed out that Sri Lanka’s interest payments had reached their highest levels in 2022.

Brandix Apparel Group Head of Corporate Social Responsibility Malika Samaraweera discusses the impacts of internal and external community engagement by Sri Lanka’s premier apparel solutions provider.

Providing the highest quality of fresh produce at affordable prices to customers has been a priority for Keells. Thus, the journey commenced three decades ago, when Keells started collaborating directly with farmers, setting up collection centres to

The annual Pinnacle Awards of Ceylon Tobacco Company PLC (CTC) was held recently to celebrate its high-performing commercial team members. The coveted award of the night, Trade Marketing Executive of the Year 2022, was clinched by Amindha Perera for

Port City Colombo (PCC), Sri Lanka’s most ambitious integrated development project and the country’s first foreign currency designated Special Economic Zone dedicated to exports of services, has taken a significant step towards fostering stronger

The Sri Lanka Food Processors Association (SLFPA) and Lanka Exhibition and Conference Services (Pvt.) Ltd recently announced the highly anticipated 20th edition of the Profood Propack & Agbiz Exhibition, taking place from August 4-6, 2023, at the BMI

Sri Lanka’s No.1 natural roofing and floor tile manufacturer Samson Rajarata Tiles (Pvt.) Ltd expanded its global footprint by commencing floor tile exports to Lebanon this month. The first consignment, consisting of two container loads of terraco

The booming of Sri Lanka’s tourism sector largely depends on uplifting the quality of human resources in the hospitality sector, President Ranil Wickremesinghe said, for which the standard of the existing hotel schools must be improved.

Ceylon Cold Stores PLC reported a modest growth in revenues in the three months to June but the increase in costs, which outstripped the revenue growth, weighed on the profits, as the group’s pricing power waned while the consumers pushed back on s

Hatton National Bank PLC (HNB), Sri Lanka’s leading private sector bank, has pioneered the integration of robotic process automation (RPA) into its custodial banking and trustee services system, in a move that will greatly improve its service and o

CIC Holdings PLC reported higher revenues but the surging costs weighed heavily on the profits of the diversified conglomerate, which operates with business segments that for long fortified the company from even the unprecedented challenges seen over

The government yesterday announced easing of certain restrictions hitherto slapped on outward remittances since April 2020, amid the improvements seen in the country’s domestic foreign exchange market. A statement issued by the Central Bank said th

Sri Lanka’s national inflation, which measures the increase in prices paid by consumers for goods and services across the country, eased further in June, bringing consumer prices to levels last seen....

Sri Lanka tourism progresses into the summer with a shine after a period of three years as nearly 90,000 international visitors entering the country in the first 20 days of July. In the first 20 days July.

VAT and excise taxes on liquor contributed the most to the overall shortfall in tax revenue in 2022, publicfinance.lk of Verite Research shared. Sri Lanka missed....

Dampened performance in the apparel sector continued to the month of June as export earnings contracted by a staggering 25.16 percent Year-on-Year (YoY) due to persisting slowdown in demand from key...

Elon Musk tweeted on his official account yesterday that Twitter would be changing its logo to an “X” and that all the birds will be disappearing from the platform. In a series of tweets....

Sections of the economy, including the business community and the general public, still have their doubts in International Monetary Fund (IMF)’s latest bailout bringing in relief, but the Central Bank gave firm assurance....

Sri Lanka will strive for a market driven exchange rate in line with the flexible inflation targeting framework going forward, Central Bank Governor Dr. Nandalal Weerasinghe said. Accordingly, the anticipated...

DIMO, a leading diversified conglomerate in Sri Lanka, is pleased to announce the successful introduction of ZEISS Selective Laser Trabeculoplasty (SLT) technology through its esteemed healthcare arm, DIMO...