Colombo Stock Exchange (CSE) Commercial Division Senior Vice President Punyamali Saparamadu provided a detailed overview on the strategies adopted by the CSE to stimulate growth and broaden its revenue sources. Her insights also highlight the new pro

WIS Director Suneth Silva has been recognised as one of the winners in 45 Under 45 Leadership Excellence and Emerging Leaders Awards 2024, organised by the Global CEO Forum in Sri Lanka. Silva’s award undersco

The Colombo Tea Traders Association (CTTA) this week urged the government to work on a sustainable wage model for the plantation sector through consultation, compromise and arrive at a consensus with the entire value chain.

Ambeon Holdings PLC, a diversified conglomerate reputed for its market dominance in the areas of financial services, real estate, technology and strategic investments, recorded a stellar performance for the financial year (FY) 2023/2024 a

To strengthen cooperation in trade and investment, a delegation from the China Council for the Promotion of International Trade (CCPIT) from Fujian Province met with Board of Investment (BOI) Chairman Dinesh Weerakkody and the officials of

At the recently concluded Annual General Meeting of ACCA Sri Lanka, Chaaminda Kumarasiri was appointed as Chairman of the Member Network Panel for the term 2024/2026. In his new role as Chairman of the Member Network Panel of ACCA Sri Lanka, Kumaras

Seylan Bank announced the accreditation of nine Lean Six Sigma Yellow Belts and seven Lean Six Sigma Green Belts, marking a significant milestone in its commitment to operational excellence and continuous improvement. The certification ceremony, held

Indices closed in red as a result of price losses in counters such as Hatton National Bank, John Keells Holdings and Commerci

The CBSL maintained its monetary policy stance at the 3rd meeting for the year, maintaining the Standing Deposit Facility Rate (SDFR) a

Aitken Spence PLC has achieved robust fourth-quarter results, significantly contributing to an improved financial performance for the 2023/2024 fiscal year. The Group reported a strong PBT of Rs. 4.8 billion with a growth of 412 percent. During 4Q,

Citizens Development Business Finance PLC (CDB), the fourth largest non-bank financial institution in Sri Lanka, rebounded in th

The Monetary Policy Board of the Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 percent and 9.50 percent, respectively.

LankaGPT Technologies is gearing up to launch Sri Lanka’s first-ever Sinhala and Tamil AI Generative Pre-trained Transformer (GPT) by July 2024.

The tea industry veterans warned that the Ceylon Tea brand would face irreparable damage in international markets, leading to both decline in auction prices and global market share, if the government forced the plantation companies, including the sma

The Planters Association of Ceylon (PA) claimed that the government’s current approach in attempting to coercively....

The consumer was seen loosening his purse strings as of late, as the consumer-related companies reported stronger....

The Ceylon Electricity Board (CEB) has partly settled the dues for energy purchases from West Coast Power (Pvt.) Ltd by divesting a 28 percent stake of its shares in LTL Holdings (Pvt.) Ltd to the company.

The board of directors of Cargills Bank PLC yesterday approved the appointment of Asoka Pieris as Chairman, with effect ....

Indices closed in red as a result of price losses in counters such as LOLC Holdings, Commercial Bank and Hatton National Bank.....

The secondary market witnessed thin volumes and limited activity during the day, pivoting from the active market session witnessed....

The International Monetary Fund (IMF) continues to stress that greater transparency is an essential element of government,,,,

As the first full-service non-banking Islamic finance provider in Sri Lanka, People’s Leasing & Finance PLC’s (PLC) Al-Safa....

As the digital landscape evolves and cybercriminals adapt their tactics to exploit individuals and businesses, WhatsApp has become....

Rajive Silva, CEO and Board Director of Azend Technologies, has been appointed to the Council of the Global Sourcing....

Wire Communication Consultancy Holdings (Wire Group) has received investment from a leading private investment....

A. Baur & Co. (Pvt) Ltd recently announced the appointment of Nishantha Weerasinghe as its Deputy Managing....

This article is based on a panel discussion hosted by the Central Bank of Sri Lanka (CBSL) which stressed on the importance.....

As per a gazette notification issued last week by Ministry of Labour and Foreign Employment Secretary R. P. A. Wimalaweera, the Minister has approved the wage increase for plantation sector workers.

Alarmed by the government’s move to increase the minimum daily wage without additional revenue streams and with no industry consultation, Sri Lanka’s tea smallholders....

A road cleaner stops her cart along Greenpath to appreciate ten vibrant displays of local...