Hayleys PLC announced this week the appointment of Timothy Allen Brent Speldewinde to its board. In a filing to the Colombo Stock Exchange (CSE), Hayleys PLC said Speldewinde will serve as a Non-Executive Independent Director with effect from 3 Janua

Sri Lanka’s exporters are entering the new year with several concerns, National Chamber of Exporters (NCE) President Jayantha Karunaratne said, since given the current status of the local and global economic conditions, it is clea

Sri Lanka entered the year 2024 with a tax shock, which has resulted in price escalations across almost all goods and services. However, the government continues downplaying the implication, stating there will be no major hit in the cost of living. T

Sri Lanka’s exporters are entering the new year with several concerns, National Chamber of Exporters (NCE) President Jayantha Karunaratne said, since given the current status of the local and global economic conditions, it is clear that the challen

The salaries that were worth in January 2023 have lost significant value towards the end of the year, as per the real wage calculator by Number.lk. The tool showed that a salary of Rs.100,000 in January 2023 was worth only Rs.63,711 in December 2023.

Sri Lanka needs to look at its policy mix, including open labour policies, to grow the economy beyond 5 percent over the next few years, amidst weak population growth. For Sri Lanka to target an economic expansion in the range of even 5 to 6 percent

Billionaire Gautam Adani, Chairperson of the Adani group, reacting to the Supreme Court judgment on the allegations levelled by a US short seller against his conglomerate, said recently that truth has prevailed and his group would continue to contrib

Prime Lands Residencies yesterday announced a change in leadership, with Sandamini Perera assuming the role of Executive Chairperson of the company’s board of directors, effective January 1, 2024. She takes over from outgoing Co-Chairman Premalal

CNN: The US government’s debt has topped US $ 34 trillion for the first time, just weeks ahead of looming deadlines for Congress to agree to new federal funding plans. Data published by the Treasury Department showed that “total public debt outst

Sheraton Hotels & Resorts, part of Marriott Bonvoy’s portfolio of over 30 extraordinary brands, yesterday announced the opening of its latest property, Sheraton Colombo Hotel, the second Sheraton hotel to open in Sri Lanka. Featuring elements from

Pubs’ N Places, the brand owner of the popular “Machang” pubs brand, announced that the company has been chosen as Sri Lanka’s number one’ Pubs and Bars’ chain for customer excellence in Sri Lanka for 2023 in an independent online survey

Royal Cashews, a Sri Lankan company empowering local cashew cultivators, and has reached greater heights in local and international markets, claimed the Gold Award in the Medium Category (Fresh and Processed Agricultural Exports Crops Sector) at Nati

Nisudha Food Product Private Limited bagged the Gold Award in the Medium Scale Category (Coconut Oil Sector) at the National Industry Excellence Awards organised by the Industrial Development Board (IDB). The company’s Managing Director Sudesh Kul

Ceylon Tenny Tea Private Limited, a pioneer among the new breed of companies that takes the Ceylon Tea brand to greater heights, bagged the Gold Award in the Tea and Tea Products Category(Large Scale) at the National Exports Awards 2023, organised by

Reaching another significant milestone in its path towards developing the Vocational Training in Healthcare industry in Sri Lanka and setting the high professional standards for skilled caregivers, Nawaloka Hospitals – Colombo signed a Memorandum o

Under the shimmering lights of sophistication, as a celebration of finer things in life, Browns Hotels & Resorts launched an exquisite new wine menu with a wine-tasting event at its famous coastal retreat, Club Hotel Dolphin, Negombo. “Live, Love,

The Commercial Bank of Ceylon recently donated an ultrasound scanner to the Professorial Medical Unit of the National Hospital Colombo which is one of the busiest medical units in the hospital. The scanner will enhance the ultrasonography facilities

Hayleys Lifesciences (Pvt) Ltd, a leading supplier of cutting-edge analytical, surgical, and radiology equipment and consumables in the country has introduced the state-of-the-art Dornier Medilas H140 to improve access to urological stone treatment.

AMICIS Holdings, a leading Autodesk value added reseller (VAR) in Sri Lanka and the Maldives, is playing a pivotal role in empowering businesses and professionals in the region with Autodesk’s cutting-edge design and engineering software solutions.

Yeheli/Thozhi (in Tamil), Sri Lanka’s first trilingual and free advisory platform by Dialog Axiata PLC, announced the relaunch of its website, Yeheli.lk/Thozhi.lk, acting as a beacon for women’s empowerment through interactive and anonymous guida

Mahindra IDEAL Finance Limited (MIFL), a leading player in Sri Lanka’s non-banking financial services sector, continues its trajectory of fast-paced growth with the unveiling of its latest branch in Kaduruwela. Situated at No. 766/A, Somiyal Junct

Sri Lanka’s national LPG provider Litro Gas Lanka has yet again secured a triumphant win at the National Occupational Safety & Health Excellence Awards 2023, marking a milestone moment in the company’s journey. The accolades garnered in multiple

In a pioneering move, NDB Bank proudly presented its artificial intelligence (AI) and augmented reality (AR)-integrated calendar yesterday, at the NDB head office on Nawam Mawatha. This revolutionary calendar transcends traditional timekeeping, intr

In a groundbreaking move towards embracing technology, the Kandy Municipal Council (KMC) has forged a strategic...

Blazing into 2024, SLT-Mobitel ‘Life at 300 Mbps’ offers significantly unprecedented speeds to its fibre-to-the-home (FTTH) broadband....

Sri Lanka has bounced back and stands firm among the top emerging economies for investment, a globally renowned investor....

The official unemployment rate has fallen to 4.7 percent in the third quarter of 2023 from 5.2 percent recorded in the previous...

Entering the year with positivity, President Ranil Wickremesinghe said the government aims to achieve an economic growth ...

The Commercial Bank of Ceylon PLC entered into a fresh Collective Agreement and a Memorandum of Understanding...

The Asiri Port City Hospital has been designated as a ‘Primary Business of Strategic Importance’ and will qualify for a series...