Amid severe financial strain, the government has decided to float a tender to lease the loss-making ‘Channel Eye,’ owned by the State-owne...

As Sri Lanka embarks on an ambitious journey towards de-carbonising the economy, and adopting electric vehicles (EVs) is a crucial....

The government has taken the initiative to draft new legislation aimed at preventing unilateral revocation from bilateral and multilateral....

Sri Lanka will soon establish a Department for Cinnamon Development to exclusively facilitate cinnamon cultivation, production and exports.

AIC Campus, a leading educational institution, was the Silver Sponsor of the French Spring Festival 2023 which was held to mark the 75th anniversary of diplomatic relations between Sri Lanka and France.

Sri Lanka is set to implement a strategic communication programme to manage and boost the country’s image. Cabinet of Ministers....

The government has decided to terminate the agreement entered in 2019 to lease 1, 200 acres of land in Hambantota to Hambantota....

The Cabinet nod has been granted to establish the National Productivity Commission as an independent entity ensuring productivity...

Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than....

The first review of Sri Lanka’s US$ 3 billion Extended Fund Facility (EFF) from the International Monetary Fund (IMF) will be held between....

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

A new era in agriculture irrigation dawned as Hayleys Agriculture Holdings Limited inaugurated the Inotec polyethylene pipe manufacturing plant recently. Nestled within the Lindel Industrial....

TEG Group, comprising Tropicoir Lanka (Pvt.) Ltd, Euro Substrates (Pvt.) Ltd and Growrite Substrates (Pvt.) Ltd, is commemorating its 25th anniversary as a pioneer in sustainable innovation. Since its inception....

Renewable energy player Vidullanka PLC has recorded earnings of Rs.211.8 million for the quarter ended on June 30, 2023 (1Q24), up marginally by one percent year-on-year, the latest interim financials....

During the first half of 2023, HNB Assurance PLC (HNBA) and its fully-owned subsidiary HNB General Insurance Limited (HNBGI) accomplished a noteworthy feat by collectively amassing a gross....

Bank of Ceylon (BOC) has reported Rs.10.5 billion of profit before tax (PBT) for the six-month period ended on June 30, 2023, amidst the unprecedented challenges continued to prevail...

The shares of UB Finance Company Limited (CODE: UBF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on August 14, 2023. The shares have been...

People’s Bank recently organised a special training session for its management and top corporate executives on the evolving card-based payment landscape and emerging technologies in the banking sector....

LOLC Finance, the largest non-banking financial institution (NBFI) in Sri Lanka, recently announced the opening of its new LOLC Finance Negombo Metro branch, located at No 74, Colombo Road. This occasion....

Sampath Bank, among Sri Lanka’s leading financial institutions, has been honoured with the esteemed ‘Best Bank in Sri Lanka’ award by Euromoney for the year 2023. This recognition....

The corporate website of Commercial Bank of Ceylon has won twin Golds as the Overall Winner and Best Banking and Finance website in Sri Lanka, at the 2023 BestWeb.lk competition conducted by the LK....

The first review of Sri Lanka’s US $ 3 billion Extended Fund Facility (EFF) from the International Monetary Fund (IMF) will be held between September 14 and 27.

The work to restore the railway line from Anuradhapura to Mihintale, which has been in a dilapidated condition for some time, was started on Saturday (12), under the patronage of Transport, Highways and Mass Media Minister Bandula Gunawardena.

In a surprise move, the Australian government has reviewed its travel advisory on Sri Lanka, where it urges its citizens to exercise a high degree of caution when visiting the island nation.

Appreciating valued customers for their loyalty and unwavering support in reaching this milestone, all 10 SPAR supermarket outlets are offering a dizzying array of exciting prizes starting with 10 grand prizes of a 2-day, full-board stay at the iconi

Establishing a sustainable supply chain implies “shaping a company’s investment, operational and procurement decisions to achieve positive environmental, social, and governance outcomes and reduce harm” – Word Economic Forum. These may range

Laugfs Supermarkets recently announced that it has been selected as one of the most loved brands in LMD’s Brands Annual Ranking 2023, compiled by Brand Finance Lanka. This recognition is a testament to the exceptional quality, trust, and customer

Macksons Group, the conglomerate synonymous with excellence and innovation, recently announced the inauguration of its latest venture, Macksons Tea Exports. Steeped in history and heritage, this new addition to the Macksons family embraces the captiv

Ansell recently announced that Ansell Textiles Lanka, one of its manufacturing plants in Sri Lanka, has become its first facility to receive the ISO 50001:2018 certification. This significant accomplishment highlights Ansell’s commitment to incorp

PNB - a business process outsourcing (BPO) company serving clients in Australia, UK, USA, and NZ, has once again proven its excellence by securing three coveted awards at the National Business Excellence Awards 2023. Additionally, PNB has been honor