Nawaloka Hospitals recently introduced a unique healthcare solution in a bid to enable members of the Bar Association of Sri Lanka convenient access to diverse portfolio of exclusive, high quality healthcare facilities at Nawaloka Hospitals.

Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced several key leadership appointments.

IFS, the leading global enterprise applications company, has announced Andy Watts as a key new member of its team.

The Sri Lanka Red Cross Society has selected Jinasena Infotech (Pvt.) Ltd as its implementation partner for Microsoft Dynamics 365 Business Central ERP Solution in order to streamline its business processes.

Moneta, a lifestyle-based financial service enabler and the first start-up in Sri Lanka invested in by Google, recently closed its Seed II funding round, raising US $ 325,000, at a valuation of US $ 1.25 million.

The Big Bad Wolf Online Book Sale returns to Sri Lanka once again to wow book lovers across the country. This time, the Wolf has partnered with e-commerce giant Shopify to bring the Wolf Pack a smooth and memorable shopping experience.

LOLC has retained its undisputed rank amongst the Top 10 Most Admired Companies in Sri Lanka for the year 2021.

OREL IT, a Sri Lankan-based premier IT services provider operating with a key focus to empower humanity with Industry 4.0, recently established operations in Singapore, a major technology hub, as part of the company’s expansion efforts in the South

Expolanka Holdings PLC delivered its best ever financial performance in the three months to September as the group remained well positioned to make the most out of the fast recovering international trade and the freight rates, which soared to all-tim

Two agreements were signed between Lanwa Sanstha Cement Corporation (Pvt) Ltd and Hambantota International Port Group (Pvt) Ltd recently which allow Lanwa Sanstha cement plant in Mirijjawila Export Processing Zone to be connected with the Hambantota

Keells Food Products PLC (KFP) reported substantially lower profits for the quarter ended September 2021 (2Q22), as the company saw its sales continuing to languish as weak demand amid virus related restrictions on consumer activity added to mounting

Lanka IOC PLC delivered robust financial performance in the three months to September as mobility and other economic activities picked up pace generating demand for fuel and other products offered by the company while the June price hike helped it to

Amid multiple rating downgrades by international rating agencies and growing fears on possible default on the country’s external debt, Sri Lanka’s industries face higher costs and difficulties in sourcing raw materials and capital goods from abro

Colombo International Airport Hotels Pvt. Ltd (CIAH) has inked an agreement with Board of Investment (BOI) to construct Sri Lanka’s first ever airport hotel within the Airport and Aviation Services Sri Lanka (Pvt) Ltd. premises in Katunayake.

The Monetary Board of the Central Bank has established an Advisory Committee to examine the possible revival options for the failed finance companies.

Sri Lanka being an island nation has enough opportunities to lure international visitors for nautical tourism. However, despite the obvious potential, the relevant authorities have done little to capitalise on the fast booming segment, a senior repre

Truly Ceylon Tea (Pvt.) Ltd, a premium Ceylon Tea brand, recently announced the launch of its range of tea products for the international markets, in a bid to boost the sales of premium quality Ceylon Tea, the world over.

The LANKAQR Nationwide Rollout Campaign was launched on October 25, 2021, at the Central Bank, with the aim of popularising LANKAQR payments among small and medium merchants as well as consumers, as the prevalent digital payment method in the country

While denying it defaulted a payment on Letter of Credit (LC) to China’s Qingdao Seawin Biotech Group Co., Ltd, People’s Bank in a statement stressed that the payment is delayed due to an enjoining order issued by the Colombo Commercial High Cour

The implementation and evaluation processes of the national budget require more transparency and to ensure the government delivers what it promises, going forward needed are well formulated proposals, with documented analysis, to support the benefit

The report of the blockchain technology-based shared KYC POC was presented to Central Bank Governor Ajith Nivard Cabraal by National Payment Council (NPC) Chairman and Central Bank Deputy Governor Yvette Fernando,

In response to the rating action by Moody’s, the government through the Central Bank, expressed its strong displeasure and called it “irrational” and “hasty”.

A writ petition filed by General Secretary of Democratic United National Front (DUNF) Ariyawansa Dissanayake seeking an order staying the Central Bank of Sri Lanka from paying a pension to the newly appointed Central Bank Governor Ajith Nivard Cabraa

Tighter liquidity in the overnight money market is likely to persist, prompting banks to compete for funds putting upward pressure on deposit rates which have shown initial signs of ticking up since the Central Bank raised key interest rates in Augus

Leading real-estate developer, Iconic Development, part of India’s Apurva Natvar Parikh group, has entered into a Sale and Purchase Agreement (SPA) to purchase 134.64 perch property in Obesekarapura, Rajagiriya owned by Alliance Finance Co. PLC fo

Shaw Wallace & Hedges Limited and Shaw Wallace Investments PLC, subsidiaries of Renuka Group yesterday acquired 63.54 percent stake of Carson Cumberbatch group’s specialised private equity company,

The Export Development Board (EDB) announced the revision of the export target for 2021 to US$ 15.72 billion from the US$ 15.68 set earlier this year.

Ceylon Cold Stores PLC (CCS) recorded a loss in the three months ended in September (2Q22) with revenues edging down as production costs remained stubbornly unchanged while other overheads climbed

Sri Lanka’s export sector has fulfilled 70 percent of its new revenue target for 2021 in the first three quarters of the year with September merchandise exports earnings reaching nearly US$ 1 billion.