Marking a significant milestone, Sysco LABS announced the successful conclusion of the 10th phase of their flagship sustainability project, ‘Share a meal, Share a moment’, spreading warmth and sustenance to communities in the Lunawa and Balagala

One hundred and fifty high achieving students who excelled in the Grade 5 Scholarship and GCE Ordinary Level examinations were felicitated at the 15th CDB Sisudiri Scholarship Awards Ceremony held at the BMICH in January. Under the aegis of Chief G

Ceylinco Life has undertaken the reforestation of 10 acres of degraded rainforest in Balangoda and its maintenance for five years, as a corporate sustainability initiative. An investment of Rs 5.7 million, the project will be executed in collaboratio

In a significant move, Transparency International Sri Lanka (TISL) has submitted a Special Determination petition to the Supreme Court, contesting the ‘Microfinance and Credit Regulatory Authority.....

While different countries in the Asian region are at different levels when it comes to digital transformation, Sri Lanka is observed to be putting in “tremendous” efforts in this regard, which will pave the way for the island nation to reach its

In line with widespread predictions, the Central Bank opted to keep its key policy rates unchanged at 9 and 10 percent during its inaugural Monetary Policy announcement for the year.

In an effort to have a vibrant stock exchange, the Securities and Exchange Commission (SEC) called on stakeholders to step up efforts in creating a more capital-friendly market, for which further collaboration....

Amazon has been fined €32m (£27m) in France for “excessive” surveillance of its workers, including measures the data watchdog found to be illegal. The CNIL...

The Central Bank offered Rs. 130 billion in Treasury Bills at this week’s auction across the three maturities and the full amount was raised. Declines in three-month....

Despite a notable reduction in interest rates from last year’s peak, driven by previous rate cuts and targeted monetary policies, certain banks are yet to align their rates with the Central Bank’s...

Asia Pacific ICT Alliance (APICTA) Awards 2023, held in Hong Kong, witnessed a remarkable showcase of talent from across the region. Among the distinguished....

99x, a global IT services company, proudly announces its achievement of the prestigious International Software Testing Qualifications Board (ISTQB) Platinum partnership, marking a significant...

Zone24x7, a leading provider of end-to-end technology consulting and engineering solutions, has entered into a strategic partnership with STEMUP Educational Foundation to help drive knowledge...

Ceylon Energy, a company with a history of excellence in power transmission projects, has been issued a Special Economic Zone (SEZ) Enterprise Licence by Kenyan President Dr. William....

Premier Electric Company commenced business on January 24, 1959, founded by the present Chairman Upali Kapilasena. Kapilasena’s origins in the field of electrical...

Policy rates will be maintained at their current levels, the Central Bank of Sri Lanka said today, its is first monetary policy announcement for the year.

Sri Lanka’s largest industrial exporter, the apparel sector, saw its performance for the whole of 2023 dip significantly, with its earnings contracting by 19 percent year-on-year (YoY).

The pace of increase in the prices of goods and services consumed by the people, measured at a national level, saw reaccelerating in December, due to sharp increases in most of the food prices, which more than offset the softened non-food prices, lar

Fabric manufacturer Teejay Lanka PLC and business conglomerate Hemas Holdings have joined forces to launch a groundbreaking initiative to promote menstrual hygiene awareness and provide essential resources to underserved communities in rural Sri Lank

Sign Network LK, a non-profit pioneering force in fostering inclusivity and breaking communication barriers in Sri Lanka, is taking a significant step towards making art accessible to everyone & promoting inclusivity at the ‘Colomboscope Arts Festi

The Jaffna branch of the Commercial Bank of Ceylon has been awarded a Platinum rating by the Green Building Council of Sri Lanka (GBCSL), according it the highest available award in Sri Lanka for Green Buildings. The accolade was presented at the 202

WIS, a Sri Lankan company that provides financial solutions in the United Kingdom, is outlining plans to expand its staff in Colombo during 2024 to keep up with growing demand for new outsourcing opportunities and an increase in UK-based companies wa

In a world that has lurched from VUCA to RUPT, how can businesses navigate the complexities of managing Reputation, Risk and Regulation? The answers that leaders need – to rethink, reframe and lead through the turbulence they are experiencing, may

In a first for oral medicine health service in Sri Lanka, ‘My Dentist’ was accredited to the much coveted dental practice quality standard ISO 9001:2015. Receiving certification to this imp

Sri Lanka’s industrial production grew for the second month in a row in November, in a sign of continuing momentum in manufacturing activities, although the activities remain still far below their recent peaks before the crisis in 2022. Measured ba

CNN: Russia surpassed Saudi Arabia to become China’s largest oil supplier in 2023, according to the latest Chinese customs data.

The International Finance Corporation (IFC), a member of the World Bank Group, appointed Imad N. Fakhoury as its Regional Director for South Asia. Based in New Delhi, Fakhoury will spearhead the IFC’s strategy and operations, while reinforcing rela

The tourist arrivals to the island nation for the first 18 days of January crossed the 121,000 mark. The provisional data from the Sri Lanka Tourism Development Authority showed that from January 01 to 18, the island nation welcomed 121,446 internati

The prime lending rate continued on its downward path through last week, coming further down from its below 12.0 percent level reached at the beginning of the month, signalling further easing in other market interest rates, providing relief to both t

Against a backdrop of exorbitant vegetable prices and climate vulnerabilities affecting the crops cultivated in Sri Lanka’s open-fields, greenhouse agriculture is viewed as a way forward for a more sustainable....