The Hambantota International Port Group (HIPG) entered into a sublease agreement with the Industrial Development Board (IDB), to establish a smart facilitation centre at the Hambantota Maritime Centre (HMC).

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) conducted its 17th Graduation Ceremony at the BMICH in November.

Tokyo Cement Company has commenced speedy distribution of a shipment of bagged cement to reach consumers at lowest price in the market.

CHINT Energy (Pvt.) Ltd, a leading smart energy solutions provider of CHINT Electric products, expanded its product portfolio by introducing the all-new 2L series of switches and sockets to Sri Lankan customers.

JAT Property Group (Pvt.) Ltd recently announced the launch of its fourth residential development - 146 Residencies, located in Thalawathugoda.

Homelands Skyline (Pvt.) Ltd recently announced a project funding partnership with Seylan Bank PLC, a leading bank in Sri Lanka, to develop Canterbury Lexus Golf Resort Apartments, Piliyandala, Kahathuduwa.

Kelani Cables PLC maintains the position of being Sri Lanka’s number one brand name in the secure electrical and communication cables manufacturing sphere. The company added more muscle to its product range by becoming the sole distributor in Sri L

The Colombo Stock Exchange (CSE) and University of Kelaniya (UOK) jointly announce the signing of a memorandum of understanding (MoU) to formalise their collaborative efforts.

Grubtech, the UAE-based tech innovator and disruptor, which has become a leader in the cloud kitchen space, is aggressively expanding its offices in Sri Lanka, bringing endless possibilities to digitally transform food and beverage (F&B) businesses a

AIA Insurance powers the second edition of Lankan Premier League (LPL) as the Official Partner. It looks forward to encouraging the young talent in Sri Lanka and supporting physical recreation activities to help Sri Lankans live healthier, longer, b

Sri Lanka’s apparel industry has risen to the challenges posed by the pandemic and the sector can contribute further to the country’s economy, provided that all stakeholders collaborate to address critical constraints, apparel exporters point out

AB Securitas Bangladesh Limited recently welcomed its new CEO with the appointment of Brigadier General Rashedul Mannan (Retired).

Senior banker Damith Pallewatte, who counts over 25 years of experience in key leadership positions at three of Sri Lanka’s leading banks, has been appointed as Chairman of Lanka Ventures PLC and LVL Energy Fund PLC.

Sri Lanka’s largest renewable energy developer continued augmenting investor confidence by declaring a dividend of Rs.743 million, totalling a dividend pay-out of Rs.1.76 billion for this year. The earlier dividend of Rs.1.01 billion declared in J

The Ceylon Tea brand will soon be able to affirm its origin in the international market, as a fresh grant has been extended by the French Development Agency (AFD) to develop a Geographical Indication (GI) for the premium product. A grant agreement of

A top economist in the country urged the government to move ahead with pre-emptively restructuring Sri Lanka’s external debt as Plan B, while cautioning that Sri Lanka is on the path for a deeper crisis,

The tourism industry will receive a fresh round of relief, Tourism Ministry Prasanna Ranatunga said, as plans are afoot to propose to the Cabinet in the coming weeks to ease the financial burden faced by the indust

LOLC General Insurance Limited has announced an initial public offering (IPO), which will open on December 16, 2021.One hundred and twenty million shares held by LOLC Asset Holdings Limited will be offered for sale, at a price of Rs.7.90 per share. T

Labour Ministry eyes 3-4-year horizon to discontinue sending unskilled workers abroad Labour Minister Nimal Siripala de Silva recently announced that a special contributory pension scheme for migrant workers would be rolled out from January, next yea

Sri Lanka’s ICT sector’s aim towards reaching the US$ 3 billion mark by 2024 requires fresh focus in the country creating its own Intellectual Property (IP), an endeavor that could be led by the budding startup ecosystem, the Information and Comm

Advocata’s Bath Curry Indicator (BCI), which tracks monthly price changes in a basket of commonly consumed food items recorded the highest retail prices in November since 2019.

Sri Lanka Tourism yesterday sounded upbeat in the efforts they are currently rolling out to lure international travellers and said they are confident of the island nation attracting at least half of the pre-pandemic arrival numbers in 2022.

The medium to long-term lending rates have finally begun to adjust upwards after weeks of resistance since the policy rate hike in August, which pushed up the prime lending rate and the Treasury yields higher until they started levelling off as of la

The United Arab Emirates is slashing its official working week to four-and-a-half days and moving its weekend to Saturday and Sunday in a major shift aimed at improving competitiveness, officials said yesterday.

The Sri Lanka Pakistan Friendship Trade and Investment Association yesterday expressed its concerns and strongly condemned the brutal murder of Priyantha Kumara last Friday (December 3) in Sialkot, Pakistan.

The University of Kelaniya signed a memorandum of understanding (MoU) with Ogilvy Digital, the leading digital technology agency in the country, to impart its industry expertise and knowledge for the university’s specialised Digital Marketing Degre

Nestomalt announced the second winner of its one-of-a-kind consumer promotion Salary for Life 2021.

Chevron Lubricants Lanka PLC, the nation’s lubricant market leader since 1992, has achieved new heights of product development and technology as its leading lubricant brand Delo took a monumental step forward in the lubricant market by proving an o

Aitken Spence Logistics, the pioneer in integrated logistics, strengthened its mobile storage solutions operations by acquiring the reefer and general purpose (GP) container fleet of a competitor business.

For the 11th consecutive year, MTI Consulting will be carrying out the CEO Business Outlook Survey in association with Wijeya Newspapers Group.