The company celebrated its 5th-year anniversary, a testament to the dedication and perseverance that has propelled them forward in the competitive logistics industry. As a subsidiary of Eagle Logistics, Freight 360 Pvt Ltd has carved a niche for itse

Eagle Logistics Colombo marked its 18th year in the logistics industry with a celebration at the company’s headquarters on October 20th. This pivotal anniversary signifies nearly two decades of growth, transformation, and unwavering dedication to e

Emirates has become the world’s first airline to operate an A380 demonstration flight using 100 percent Sustainable Aviation Fuel (SAF). The flight commanded by Captain Khalid Binsultan and Captain Philippe Lombet, took off from Dubai Internationa

SLT-Mobitel partnered IntaHub (Pvt) Limited, a renowned software company that provides tailored solutions for the dynamic hospitality industry, with the aim of enhancing capabilities and pioneering cutting-edge hospitality technology on a global scal

Minister of Ports, Shipping, and Aviation, Nimal Siripala de Silva, recently inaugurated the Enquiry Centre of the Sri Lanka Ports Authority (SLPA), bolstering the capabilities of the Port of Colombo. The port serves as a crucial hub and internationa

With the aim of encouraging and empowering the youth of Sri Lanka in equipping themselves with the required skills and talent to take on as tomorrow’s leaders in the hospitality industry, the Swiss Hotel Management Academy Pvt. Ltd. (SHMA) of A. Ba

In the complex world of maritime commerce, the efficiency of port operations plays a pivotal role in global trade. One crucial aspect that has gained prominence in recent years is Ship-to-Ship (STS) transfer operations. Prudential Shipping by MendisO

Heralding its entry into the digital payment space, Commercial Credit and Finance PLC (CCF) recently announced its acquisition of a 19.99 percent stake in Mega Pay (Pvt.) Ltd, which provides payment services under the Pay&Go brand. Pay&Go is the firs

Sri Lanka’s most technologically innovative bank HNB PLC partnered with LinearSix (Pvt.) Ltd to introduce ‘Lime’ – a revolutionary fintech solution that will radically streamline customer onboarding and know your customer (KYC) processes. Th

Diversified conglomerate Sunshine Holdings PLC announced that 13 members from its sales teams have been recently recognised at SLIM National Sales Awards (NSA) 2023, winning two Gold, six Silver, four Bronze and one Merit awards. Sales forces have be

Union Assurance, Sri Lanka’s leading life insurer, has continuously recognised the importance of sustainability and environmental responsibility with ‘Go Green’ initiatives. To further enhance the company’s dedication to green initiatives, Un

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, upgraded its official website – dialog.lk, by redesigning it to be more accessible and user-friendly for persons with disabilities (PWDs), underscoring the company’s unwavering commi

As the Monetary Policy Board of the Central Bank convenes today, for its eighth monetary policy meeting of the year and the second under the new Central Bank Act, there is a widespread expectation in the market that the rate-setting committee will ma

Seven Sri Lankan Heads of Mission/Ambassadors designate to foreign embassies and high commissions, were given a detailed orientation by Hambantota International Port (HIP) on port operations and activities. Tissa Wickramasinghe, COO of the Hambantot

Diversified blue-chip John Keells Group has been appointed as the exclusive distributor of BYD passenger vehicles in Sri Lanka.

The Finance Ministry yesterday said it has received eight Requests for Qualification (RfQs) from potential investors for the acquisition of Lanka Hospitals Corporation PLC. The deadline for submission of proposals was November 21, 2023. The Finance M

People’s Bank yesterday announced the results for its nine-month period ended on September 30, 2023, with a total consolidated operating income and pre-tax profit of Rs.67.6 billion and Rs.11.4 billion, respectively. Due to the higher cost of term

The tea exports from Sri Lanka in October contracted marginally by 4 percent year-on-year (YoY), totalling 18.21 million kilogrammes. After exporting over 20 million kilogrammes of tea for five consecutive months, the export volumes dropped to the le

Sri Lanka yesterday received a grant assistance of approximately Rs.770 million from the government of Japan. The grant was extended under two different projects, with the higher financial assistance being offered to the fisheries sector and the othe

The Sri Lanka Export Development Board (EDB) is slated to hold the 25th edition of the Presidential Export Awards (PEA) ceremony today, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of President Ranil Wickrem

The Sri Lanka – USA Business Council (SLUSABC) of The Ceylon Chamber of Commerce elected Charithra Hettiarachchi, Chief Operating Officer of WICHY Plantation Company (PVT) LTD, as President of SLUSABC at its 07th Annual General Meeting held recent

Sri Lanka Tourism Promotion Bureau (SLTPB), under The Ministry of Tourism and Lands welcomed World’s Top Travel Influencer Nusier Yassin also known as ‘Nas Daily’’ to promote Sri Lanka as One of Best Travel Destinations in the world to travel

NDB Bank has recently earned recognition at the SLIM National Sales Awards (NSA) 2023, held on November 14th. The bank clinched a total of six awards, which included two Gold Awards alongside a Silver, two Bronze, and one Merit Award at the ceremony

Fitch Ratings has assigned Bank of Ceylon’s (BOC) (CC/CCC-/A(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs.10 billion an expected National Long-Term Rating of ‘BBB+(EXP)(lka)’. The proposed debentures

DFCC Leasing, renowned for its commitment to providing exceptional customer value, continues its winning streak by introducing the most affordable monthly lease rentals. Understanding the needs of its diverse customers, ‘DFCC Leasing’ provides th

HDFC Bank has launched a new savings account, HDFC Salary Saver, designed to empower the financial goals of monthly income earners. With HDFC Salary Saver account, you can enjoy higher interest rates compared to traditional savings accounts, ensuring

Bairaha Farms PLC marked the World Children’s Day 2023 with a celebration at its recently launched flagship restaurant, Bairaha Chicken Café, located in Port City Colombo. The event, which took place on October 1, witnessed the participation of o

HNB Finance Plc has appointed Saliya Jayaweera as an Independent Non-Executive Director to its board, effective from November 21, 2023. Jayaweera counts for over three decades of experience in the Financial Services Industry in multiple markets inclu

SMR Consolidated (Sena Mills and Refineries Pvt Ltd), is Sri Lanka’s leading manufacturer, refiner, and exporter of edible oils and fats. In a remarkable triumph, showcasing its unwavering commitment to quality and excellence, the company clinched