Sri Lanka’s apparel sector posted strong growth in September 2024, with exports rising 19.06 percent year-on- year to US$ 396.73 million, driven by steady demand from key markets, official data shared by the Joint Apparel Association Forum (JAAF) s

People’s Bank has successfully concluded the BASEL III Compliant Tier 2, Unlisted, Rated, Unsecured, Subordinated Redeemable Debentures with non-viability write down to the extent required by the Central Bank of Sri Lanka (CBSL) by raising more tha

S r i L a n k a ’s f l e x i b l e w o r k s p a c e i n d u s t r y i s poised to witness a notable expansion in the coming months with The Executive Centre (TEC) announcing a US$ 750,000 investment to establish a new office space at the W

Overseas Realty (Ceylon) P L C r e c o r d e d a G r o u p Revenue of Rs. 5,499 million and a Group Profit Before Tax of Rs. 4,579 million for 9 months ending 30th September 2024.

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 4.7 bn.

The secondary market displayed a mixed sentiment throughout yesterday on the back of low volumes continuing the trend from the previous sessions.

SLASSCOM AI Asia Summit 2024 is set to return on November 5, 2024, as the premier event for AI enthusiasts, innovators and business leaders across Asia.

AIA Insurance announced its Platinum sponsorship of WCIC Prathibhabhisheka Women Entrepreneur Awards 2024 for the second consecutive year, following a successful partnership as the Gold sponsor in the inaugural year in 2022.

Union Bank recently signed a memorandum of understanding (MoU) with John Keells CG Auto, the authorised distributor of the BYD vehicles in Sri Lanka.

Feelo, the premier platform for discovering the best deals in Sri Lanka, has launched an AI assistant named AI Machan, powered by ChatGPT technology.

Aviation sector supported 27% of Dubai’s GDP in 2023, with an economic contribution of AED 137bn (US $ 37.3bn) – which is set to rise to almost a third of Dubai’s GDP by 2030.

The Women’s Chamber of Industry and Commerce (WCIC) announces Ramp Up! 2024, a significant fundraiser dedicated to empowering Sri Lankan female designers.

Overseas Realty Ceylon PLC announced the appointment of Indrajit Wickramasinghe as an Independent Non-Executive Director to its board of directors.

The government announced efforts to accelerate the development of the Eastern Container Terminal (ECT) at the Port of Colombo, a highly anticipated initiative managed by the Sri Lanka Ports Authority (SLPA).

Sri Lanka is expected to attract around two million tourists this year, falling short of its initial target of 2.3 million by 11.6 percent, according to a report by Softlogic Stockbrokers (SSB).

Sri Lanka’s gem and jewellery industry is set to dazzle once again with the 31st edition of FACETS Sri Lanka, South Asia’s premier gem and jewellery exhibition, all set to kick off early next year.

Sri Lanka Insurance Corporation (SLIC) has appointed Nusith Kumaratunga as its new Chairman, effective October 18, 2024.

HNB Assurance Group recorded a gross written premium (GWP) of Rs.10.9 billion, which is a 20 percent growth when compared to the corresponding period of last year.

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and Sampath Bank with the turnover crossing Rs. 2.3 Bn. High net worth and institutional investor participation was noted in Commercial Bank,

The secondary market yield curve remained broadly unchanged during the day, reflecting a mixed sentiment while generating moderate trading volumes.

NYK’s new Regional Managing Director Hiroyuki Noma, stationed in Singapore, made a courtesy visit to the Hambantota International Port (HIP) last week.

HNB Assurance signed a memorandum of understanding (MoU) with State Mortgage and Investment Bank (SMIB), marking the beginning of a strategic partnership aimed at offering financial security solutions for their customers.

The following message was issued by the Free Trade Zone Manufactures’ Association (FTZMA), congratulating the new Board of Investment of Sri Lanka (BOI) Chairman Arjuna Herath.

The Sri Lanka-USA Business Council (SLUSABC) of the Ceylon Chamber of Commerce elected WICHY Plantation Company (Pvt.) Ltd CEO Charithra Hettiarachchi as President for the 2024/2025 term, at its eighth Annual General Meeting (AGM) held recently, at H

Dialog Axiata, in collaboration with SDMC, proudly showcased its innovative Smart Home Solutions at the Google APAC TV Summit 2024,

In 2023, Sri Lanka’s goods and services exports made up nearly 20.4 percent of GDP, with manufacturing exports contributing 14 percent.

Colombo Stock Exchange (CSE) Research and Strategy Division Senior Vice President Nishantha Hewavithana provides a brief overview of the evolving landscape of sustainability,

SLT-Mobitel unveiled Apple’s revolutionary iPhone 16 series at an exclusive event held on October 21, 2024, marking a significant milestone in its commitment to bringing cutting-edge technology to Sri Lanka.

The Institute of Chartered Professional Managers of Sri Lanka (CPM Sri Lanka) announced the upcoming launch of the Chartered Professional Manager (CPM) Professional Programme, a groundbreaking initiative aimed at nurturing the next generation of dyna

Sri Lanka’s tourism sector is poised for transformation as it seeks to balance the preservation of the country’s authenticity with the exploration of sustainable tourism and niche markets, such as culinary tourism, according to a senior official.