Lankem Ceylon PLC, a diversified conglomerate with interest in the areas of agriculture, consumer products, hotels,

National Development Bank PLC (NDB) joined the ‘Sri Lanka Welfare Society of The Blind’ to commemorate ‘International White Cane Day 2022’.

Cheering the season with great savings and joy, SLT-Mobitel has partnered with Daraz’s 11.11, the largest online sale and shopping festival of the year to provide exclusive offers and bigger rewards.

Sri Lanka’s premier printing and packaging solutions provider, Aitken Spence Printing was awarded the Platinum Trophy 2022 for Overall Winner with the most number of awards, four Gold and two Silver at the Sri Lanka Packaging Awards ‘Lanka Star 2

Recording another quarter of sound financial performance in a challenging economic backdrop, diversified conglomerate Sunshine Holdings posted consolidated revenue of Rs. 24.9 billion for the six months ending 30 September 2022 (1HFY23), an increase

The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about the current standing of the local retail sector. “If the retail sector

Ahead of today’s budget presentation, the government yesterday disclosed plans to prop up State expenditure by 29.2 percent to provide relief to the economically-battered population....

Sri Lanka Telecom PLC (SLT) saw its profits declining in the three months ended September 30, 2022 (3Q22) due to sharply rising costs stemming from a bevy of factors including the sharp fall in the value...

Sri Lanka’s national average rice yield hit a nearly 50-year-low last ‘Maha’ season largely driven by the ill-conceived import ban on chemical fertiliser and agrochemicals. Its aftereffects....

Taipei-based business conglomerate VeriWell Technology Co. recently opened its office in Colombo. VeriWell Technology operates in the areas of solar power, restoration of monuments and cultural....

Sampath Bank PLC saw its profits declining in the September quarter (3Q22) after the bank was continuously compelled to make massive provisions against possible bad loans and other financial assets....

Hatton National Bank PLC reported higher profits in the September quarter (3Q22) despite having to provide billions for possible bad loans and muted growth as the bank managed to navigate through....

AMW, a wholly-owned company of Al-Futtaim based in UAE, which provides some of the world’s most-recognised automotive brands, services, and mobility solutions to customers, said it has begun....

CFA Society Sri Lanka, part of the worldwide network of CFA Institute member societies that lead the investment profession globally, announced the appointment of Aruna Perera, CFA as its 10th President...

The 29th Annual General Meeting (AGM) of the Sri Lanka Association of Airline Representatives (SLAAR) was held recently at The Kingsbury Hotel Colombo. The event was....

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a virtual webinar on ‘Budget Highlights 2023 –Analysis of Tax Proposals and Impact on Business, Economy and Society....

The Ceylon Institute of Builders (CIOB) has organised a seminar on ‘Resolving Current Issues in the Construction Industry’, which will be held on November 15, 2022, from 4:30 p.m. to 6:30 p.m., at Sri Lanka....

PMF Finance PLC, which has been navigating a new path to future growth and success since 2019, has now crossed another notable milestone. To align the company’s identity with its transformational.....

Allianz Insurance Lanka Limited has announced that Alan Smee has assumed duties as Chief Executive Officer (CEO), Country Manager of the Company, with effect from November....

Commercial Bank of Ceylon recently launched a Middle Management Development Programme to enhance the skills and competencies of employees in this segment and to enable them....

Standard Chartered Sri Lanka recently announced a key milestone achievement in its technological transformation journey, with the implementation of ‘Project ATLAS’, a modernised core....

EY Sri Lanka is scheduled to host a Sri Lanka banking conference titled ‘Surfing Through the Crisis’, on November 14, 2022, at Galle Face Hotel, from 8:30 a.m. onwards. The event is designed....

The current situation in Sri Lanka may seem doom and gloom but the ongoing crisis can be used as an opportunity for the island nation to renew its efforts towards development and achieve the much sought-after progression, the latest State of the Econ

The UK Prime Minister’s Trade Envoy for Sri Lanka Lord Davies of Abersoch concluded his three-day visit to the island nation yesterday.

Flights from Switzerland to Sri Lanka resumed this week, with the recommencing of operations of Edelweiss Air.

In an effort to create a competitive operative environment, the embassy of the Kingdom of Netherlands took the initiative this week to bring Responsible Business Conduct (RBC) to the forefront in Sri Lanka.

The offering at the Colombo Tea Auction continued to be fairly similar to the previous couple of weeks and totalled 5.3 M/Kgs.

Fitch Ratings this week assigned Commercial Bank of Ceylon PLC’s (COMB, AA-(lka)/Rating Watch Negative (RWN)) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to Rs.10 billion a final National Long-Term Rating

Disney’s streaming business has continued to grow but its losses are rising too.

With 70 percent of the country’s households seeking financial assistance to meet their basic needs, the government yesterday pledged to present a welfare-oriented budget for the next year despite the ongoing economic turmoil.