Digital Mobility Solutions Lanka Limited, the innovator behind Sri Lanka’s leading mobility solutions app PickMe, announced its forthcoming initial public offering (IPO) on the Colombo Stock Exchange (CSE).

REUTERS: The U.S. trade deficit widened to the highest level in more than two years in July as businesses likely front-loaded imports in anticipation of higher tariffs on goods, suggesting trade could remain a drag on economic growth in the third qua

Indices closed in green as a result of price gains in counters such as Commercial Bank, Sampath Bank and Melstacorp with the turnover crossing Rs. 1.4 Bn.

The secondary market experienced a mixed sentiment during the day on the back of heavy trades with active investor participation. Most of the maturities across the yield curve enticed trades during the day.

HNB PLC was honoured with the “Best Bank - Sri Lanka” title and was also recognized as the Runner – Up for Best Performance on Profitability – Sri Lanka at the 2nd Emerging Asia Banking Conclave & Awards, organized by the Indian Chamber of Co

John Keells Logistics (Pvt) Ltd (JKLL) announced its collaboration with Brillion Consumer Products Lanka (Pvt) Ltd which is relaunching the pesticide brand “Baygon” in Sri Lanka.

Pan Asia Bank and LOLC Insurance recently organised a distinguished Bancassurance Recognition Event to honour the outstanding performance of its bancassurance division. The purpose of this event was to appreciate the efforts of the team in creating a

Kapruka Holdings PLC announced the appointment of Dr. Chamara Bandara to its Board of Directors as an Independent Director.

SMART Expos & Fairs India Pvt Ltd, in collaboration with the Plastics and Rubber Institute of Sri Lanka (PRISL), conducted the COMPLAST & RUBBER EXPO 2024 at the Bandaranaike International Memorial Hall in Colombo.

Just In Time Group Chief Executive Officer Neranjan Dissanayake in the following interview speaks about his vision for the IT sector,

On August 27, Cargills in collaboration with the Ministry of Agriculture’s ‘Hela Bojun’ programme, hosted the third annual SME training programme under the ‘Cargills Lak Bojun’ initiative at the Cargills Head Office.

In keeping with its forward-facing, tech-centric approach to improving customer experiences and providing the most accessible and efficient service, DFCC Bank continues to implement the acceptance of digital signatures across the network.

People’s Bank’s ‘People’s Remittance Vaasi Kotiyai 2024’ draw to select the monthly winners of Rs.250,000 for the months of May, June and July took place at the People’s Bank, overseas customer services premises at Colombo 10 recently.

TikTok recently concluded its workshop in Colombo, aimed at empowering Small and Medium Businesses (SMBs) in Sri Lanka.

People’s Leasing and Finance PLC, a leader in Sri Lanka’s non-banking financial sector, has once again been recognised for excellence in digital innovation with two prestigious accolades at the 14th edition of the BestWeb.LK Awards, organised by

Sri Lanka’s leading fully integrated power sector conglomerate, LTL Holdings Ltd announced the largest IPO to date on Colombo Stock Exchange (CSE), with plans to raise up to Rs.20 billion by offering 22.3 percent stake in the company.

The Sri Lanka Shippers’ Council (SLSC), together with 17 member associations, the Container Transport Owners Association, and the Association of Clearing & Forwarding Agents (ACFA), yesterday expressed deep concern over the tragic death of a contai

Cabinet nod was given this week for a new tax convention between Sri Lanka and Austria, aimed at preventing double taxation and mitigating tax evasion.

With Sri Lanka’s atmosphere dominated by campaigns rhetoric and statements leading up to the pivotal presidential election this month, President of the Ceylon Chamber of Commerce Duminda Hulangamuwa urged political parties to refrain from making f

Fitch Ratings has assigned DFCC Bank PLC’s (A-(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed green bonds of up to Rs. 2.5 billion a final National Long-Term Rating of ‘A-(lka)’.

The Cabinet this week approved a strategic framework aimed at revitalising Sri Lanka’s fisheries sector. The proposal, presented by the President and Minister of Fisheries, outlined a plan to position the industry as a key economic driver. The stra

As part of the South-South collaboration initiatives, Connect to Care and Global Health Strategies in partnership with the BOI Sri Lanka hosted a discussion aimed at exploring opportunities between India and Sri Lanka. The event brought together priv

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, Sampath Bank and Commercial Bank with the turnover crossing Rs. 1.1 bn.

The secondary market witnessed a subdued trading session yesterday, with limited trading activity and volumes ahead of the Rs. 152.0bn T-Bill auction scheduled for today, as uncertainty surrounding the upcoming election weighed on market sentiment.

Aitken Spence Hotels announced the takeover of the management of Rainforest Ecolodge, the first classified ecolodge in the country.

In conjunction with the celebration of the Eighth National Insurance Day on September 1, the Insurance Association of Sri Lanka (IASL) announced the commencement of Insurance Awareness Month 2024, which will take place from September 01 to 30.

In its latest rating review carried out in August 2024, Fitch Ratings Sri Lanka has upgraded Amana Bank’s National Long-Term Rating from BB+(lka) to an Investment-Grade Rating of BBB-(lka), with a Stable Outlook.

WEConnect International, with support from the U.S. Embassy, hosted a Supplier Development Masterclass and Supplier Diversity and Inclusion Roundtable in Colombo.

In keeping with its vision of fostering the growth of Sri Lanka’s dairy sector, Browns Pharmaceuticals recently collaborated with DFCC Bank PLC and Market-Oriented Dairy (MOD) through its innovative ‘Kiri Wyawasabhiman’ loyalty programme.