As the countdown to the festive season begins, a group of policyholders of Ceylinco Life has been given an additional reason to celebrate with its 176 members being selected as the winners of the first draw of the 15th edition of the life insurance l

After a very successful IPO, LCB in its bid to expand the branch network up to 12 branches before endof this year opened its newest branch in Kuliyapitiya on 7th December.

Sri Lanka’s service exporters, including resident Sri Lankans, who receive their earnings in foreign currencies through the banking channels, have started to protest against the conversions of their foreign currency earnings by banks, under the new

edotco Services Lanka Ltd (edotco) recently signed an agreement with the Board of Investment Sri Lanka (BOI) to include further 400 multipurpose smart streetlamp pole locations to its investment portfolio.

Sri Lanka has witnessed a steady increase in the number of internet users in 2021, when compared with the previous years, due to the push to embrace remote learning and working practices, due to the pandemic; however, it falls behind the countries th

Sri Lankan shares ended nearly 2 percent higher yesterday, extending gains from the previous session and boosted by rising industrial and financial stocks.

The Planters’ Association of Ceylon (PA) has urged the authorities to provide an urgent solution to facilitate the availability of appropriate herbicides, weedicides, fungicides and pesticides, which are essential for the sustenance and health of t

The Tourism Ministry will launch a special programme to increase the number of international airlines and private jets landing at Mattala Rajapaksa International Airport (MRIA), as an attempt to lure tourists to the southeast region of the country.

Targeting on immediate promotional boost within the potential Russian and Ukrainian winter-holiday seekers, Sri Lanka Tourism has organised a massive media and influencer promotion in the months of November/December 2021.

The Crescat Boulevard of Colombo, with its exquisitely refurbished interior and exterior, will compensate for all the missed Christmas cheer in the past year with its grand reopening which took place on 19th November inclusive of many fun-filled acti

Sri Lanka’s hair-care cosmetic manufacturer and exporter Dreamron Cosmetics together with its country partners participated at the Beauty Service Owners Association of Bangladesh (BSOAB) convention held at Dhaka recently.

Evoke International Limited has partnered with SLT-Mobitel to launch ‘Caller Tunes’.

Singer recently concluded the finale of the cook-off challenge, which was the second phase of the ‘Just Like Mom’ campaign launched for this year’s Mother’s Day.

Huawei Sri Lanka launched its flagship Corporate Social Responsibility (CSR) programme Huawei Seeds for the Future for the sixth year in 2021 with an opening ceremony on December 6th under patronages of the Ministry of Education and the Embassy of Ch

Alliance Finance Co. PLC, (AFC), Sri Lanka’s oldest finance company with over 65 years of expertise has taken a step forward to expand its sustainability drive through its island wide branch network, launching AFC branch sustainability programme, k

On October 21st, Sri Lanka’s first sextuplets were born. To celebrate this occasion Baby Cheramy came forward with a commitment of providing its complete range of baby care products to the parents of the sextuplets, for an entire year.

The Commercial Bank of Ceylon has increased its commitments to the ‘Koggala Mangrove Restoration and Conservation Project,’making it possible to extend mangrove coverage by a further 600 metres with replanting on an island in the Koggala Lake.

As part of the series of CSR initiatives organized to mark People’s Bank’s 60th anniversary, a portable ultra sound scanner worth over Rs.7 million was donated to the Jaffna Teaching Hospital recently.

Hemas Outreach Foundation marked International Day of Persons with Disabilities on the 3rd of December, with the release of a special song by Bhathiya and Santhush (BNS) dedicated to children with disabilities as well as the launch of an ‘Ideation

Hemas Consumer recently partnered with the Rainforest Protectors Sri Lanka to reforest 15 acres of land toraise efforts to address the environmental crisis and aid in conserving the forests of Sri Lanka.

Mafaz Fahrid started his career focusing on technology and today possesses 18 years of experience in the Services & Technology industry with immense experience in the domains of Cyber Security & Digital Transformation.

Brandix Apparel Limited, home to over 60,000 team members in Sri Lanka, India, Bangladesh, and beyond, announced the signing of musical sensation Yohani Diloka de Silva as its Brand Ambassador.

Finance Minister Basil Rajapaksa yesterday said the government wouldn’t soften the strict austerity measures announced in the Budget 2022, which includes a freeze on new public sector recruitments, and stressed that the government is in no position

While welcoming the lifting of the ban on fertiliser imports, the Planters’ Association of Ceylon (PA) yesterday pointed out that the country’s plantation sector has been significantly impacted by the policy and is now faced with practical challe

REUTERS: Sri Lankan shares ended more than 1 percent higher yesterday, boosted by gains in financial and industrial stocks.The CSE All-Share index rose 1.43 percent to close at 11,178.43.

In response to several complaints that certain authorized money changers are engaged in activities which are not in compliance with the Directions issued under the provisions of the Foreign Exchange Act No. 12 of 2017 (FEA), the Central Bank said it

REUTERS: Italy’s antitrust watchdog said yesterday it had fined Amazon 1.13 billion euros (US$ 1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe.

New Zealand will ban the sale of tobacco to its next generation, in a bid to eventually phase out smoking.

Sri Lankan exporters are optimistic in their outlook for growth although difficulties were experienced in the first half of 2021, the results of the bi-annual Export Barometer Survey revealed.

The credibility of the government is significantly undermined as authorities continue to fail in adhering to the governing fiscal law of the country, the Colombo-based economic think-tank Verité Research said in their latest report.