Selyna Peiris has been appointed as an Independent Director on the global board of the World Fair Trade Organisation (WFTO). Peiris, an attorney-at-law and development practitioner, serves as Director Business Development and Next-Generation Lead at

Sri Lanka welcomed 25,966 tourists in the first six days of October, marking a rather slow start for the month, ahead of the winter season, the Sri Lanka Tourism Development Authority (SLTDA) data showed.

A recent study conducted by the Institute of Policy Studies (IPS) highlighted a significant disparity in Sri Lanka’s Public Service Pension distribution scheme, revealing that around 50 percent of the pension benefits were enjoyed by the wealthiest

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Hayleys and DFCC Bank with the turnover crossing Rs. 2.1 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in

At the T-bill auction held yesterday, the Central Bank fully accepted the bills offered totalling Rs.85.0 billion.

In recognition of its resilience and commitment towards healthcare, Nawaloka Hospitals PLC has emerged as the Merit Award winner in the Hospital Sector at the recently held National Business Excellence Awards(NBEA) 2024.

Eurol Lubricants through an exclusive partnership with Econsult International Ltd, led by oil and gas expert Malaka Elikewela, is officially present in Sri Lanka, introducing their high-quality lubricants to the country’s rapidly growing automotive

The Build SL Expo 2025 is due to be held on May 30, 31 & June 1 next year, as the 20th edition at the Sirimavo BandaranaIke Convention Centre, BMICH.

For the first time in the automotive battery industry in Sri Lanka, Browns Battery & Tyre Strategic Business Unit recently launched the Browns E-Care Battery Warranty activation. This marks a milestone in the implementation of the first-ever paperle

Honouring its 125 years long legacy,Pepsi, a brand that has been at the center of global pop culture, unveiled its new identity in Sri Lanka recently through its groundbreaking campaign, ‘Pepsi Street Kala’.

At the Annual General Meeting of the Sri Lanka Gem and Jewellery Association (SLGJA), Akram Cassim, a longstanding member of the industry, was officially announced as the newly elected President. In his speech Cassim outlined his vision to drive the

Sri Lanka, a nation bearing enough promise to go beyond the adversity it has faced—from the Easter attacks of 2019 to a major economic collapse on top of the global pandemic—stands at a moment calling for renewal. The 15th edition of the Sri Lank

Sri Lanka should stay committed to the fiscal framework set by the International Monetary Fund (IMF) until the country achieves the macroeconomic stability required for a sustained recovery, a top economist asserted.

Sri Lanka’s Inland Revenue Department (IRD) has launched a special initiative to recover Rs. 570 billion in outstanding taxes from certain taxpayers under the self-assessment payment system, with a deadline of November 30.

Sri Lanka’s rubber sector is poised for a boost in order volumes from Europe this month (October), as buyers return following the summer break and U.S. export earnings strengthen.

Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka.

Sri Lanka’s start-up ecosystem and the need to establish dedicated start-up zones was a major area of focus at the recent Sri Lanka Human Capital Summit (SLHCS) of 2024, which brought many experts together to explore the challenges in developing th

The Export Development Board (EDB), in collaboration with the Embassy of Thailand, has organised a seven-day study tour to coincide with the 41st Thailand International Motor Expo 2024, in Bangkok.

The secondary market yield curve edged higher across the board, driven by thin trading volumes and profit-taking activity as investors adopted a wait-and-see approach ahead of the upcoming T-bill and T-bond auctions. After the morning session, the y

The ASPI edged up as a result of price gains in counters such as John Keells Holdings, Hayleys and Aitken Spence with the turnover crossing Rs. 1.3 bn.

First Capital Asset Management Limited, a subsidiary of First Capital Holdings, drives forward with its groundbreaking unit trust fund, the First Capital Money Plus Fund.

NDB Bank, in partnership with AIA Sri Lanka, announced that the NDB-AIA bancassurance partnership has been awarded the prestigious title of Bank Partner of the Year at Asia Trusted Life Agents and Advisors Awards 2024. This recognition marks a histo

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and CEO, with immediate effect. Choonia will succeed Duminda Weerasekare, who retired as MIFL’s

Pan Asia Bank is transforming the path to homeownership by offering customers more than just a loan – it delivers innovative, tailored solutions that make securing a home easier than ever.

Sri Lanka’s most customer-centric bank HNB PLC announced the return of its most eagerly awaited annual savings bonanza, Singithi Giftober, commemorating the Children’s Day and World Thrift Day this year. Branded with the much-loved HNB elephant

In a groundbreaking achievement for the Sri Lankan stockbroking industry, SC Securities (Pvt.) Ltd, a fully-owned subsidiary of Sampath Bank PLC, has become the first stockbroking company in Sri Lanka to obtain the prestigious ISO 9001:2015 certifica

David Pieris Motor Company (Private) Limited (DPMC) announced that its innovative electric-converted three-wheeler E-drive fleet has surpassed a milestone of one million kilometres travelled across Sri Lanka. This achievement marks a significant ste

Janashakthi Life, a prominent leader in Sri Lanka’s insurance industry, has unveiled its new branch in Matugama. This branch is specifically designed to provide a wide range of life insurance products and services, making them more accessible to t

Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions, announced its designation as a Star Performer, along with the recognition of being a Major Contender, in Everest Group’s Life & Annuity (