To facilitate hassle-free banking through formal channels, particularly for migrant labour, HNB PLC, announced the opening of its newest mini customer centre at the Department of Immigration and Emigration in Battaramulla.

Michel Casselman, a Belgium based investor and a Director of My Dentist arrived in the country to assess the progress and launch new stand-alone clinics in Kottawa and Thalawathugoda making its total clinic count to nine up to date since its inceptio

Eden Collections received Platinum Award at Business World International (BWIO) for Best Young Business Woman for Aari work designing.

Grape Expectations (a member of the Favourite Group) has been in the import and distribution business for over a decade, in which time it has developed an island-wide reach having forged strong relationships with stockists across the modern trade, HO

Christmas time and the festive season has always been a time of joy and laughter no matter the circumstances and this remains especially true for young children.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently conferred the distinguished Associate Chartered Accountants (ACA) designation to 318 new Chartered Accountants, who will now utilize their unique and versatile skills to stee

Janaka Sri Chandragupta assumed duties as the Secretary to the Ministry of Aviation and Export Zone Development recently. He is a Special Grade officer in the Sri Lanka Administrative Service. Here Chandragupta accepting his letter of appointment fro

People’s Leasing & Finance PLC (People’s Leasing) recently launched ‘Hithamithuru’ financial relief scheme.

The Hambantota International Port Group (HIPG) entered into a sublease agreement with the Industrial Development Board (IDB), to establish a smart facilitation centre at the Hambantota Maritime Centre (HMC).

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka) conducted its 17th Graduation Ceremony at the BMICH in November.

A special programme has been launched by the Ministry of Tourism to increase the number of international airlines and private jets landing at the Mattala Rajapaksa International Airport (MRIA).

In what could be referred to as a milestone event, Asia Asset Finance PLC [AAF], one of Sri Lanka’s growing financial service providers, inaugurated its 50th branch in Maskeliya recently, thereby widening its geographical footprint further in the c

The foreign exchange reserves held by the Central Bank has touched a fresh low in November after continuously falling for last three months, on account of foreign currency obligations, which came up for retirement, stoking serious concerns over the a

Tokyo Cement Company has commenced speedy distribution of a shipment of bagged cement to reach consumers at lowest price in the market.

CHINT Energy (Pvt.) Ltd, a leading smart energy solutions provider of CHINT Electric products, expanded its product portfolio by introducing the all-new 2L series of switches and sockets to Sri Lankan customers.

JAT Property Group (Pvt.) Ltd recently announced the launch of its fourth residential development - 146 Residencies, located in Thalawathugoda.

Homelands Skyline (Pvt.) Ltd recently announced a project funding partnership with Seylan Bank PLC, a leading bank in Sri Lanka, to develop Canterbury Lexus Golf Resort Apartments, Piliyandala, Kahathuduwa.

Kelani Cables PLC maintains the position of being Sri Lanka’s number one brand name in the secure electrical and communication cables manufacturing sphere. The company added more muscle to its product range by becoming the sole distributor in Sri L

The Colombo Stock Exchange (CSE) and University of Kelaniya (UOK) jointly announce the signing of a memorandum of understanding (MoU) to formalise their collaborative efforts.

Grubtech, the UAE-based tech innovator and disruptor, which has become a leader in the cloud kitchen space, is aggressively expanding its offices in Sri Lanka, bringing endless possibilities to digitally transform food and beverage (F&B) businesses a

AIA Insurance powers the second edition of Lankan Premier League (LPL) as the Official Partner. It looks forward to encouraging the young talent in Sri Lanka and supporting physical recreation activities to help Sri Lankans live healthier, longer, b

Sri Lanka’s apparel industry has risen to the challenges posed by the pandemic and the sector can contribute further to the country’s economy, provided that all stakeholders collaborate to address critical constraints, apparel exporters point out

AB Securitas Bangladesh Limited recently welcomed its new CEO with the appointment of Brigadier General Rashedul Mannan (Retired).

Senior banker Damith Pallewatte, who counts over 25 years of experience in key leadership positions at three of Sri Lanka’s leading banks, has been appointed as Chairman of Lanka Ventures PLC and LVL Energy Fund PLC.

Sri Lanka’s largest renewable energy developer continued augmenting investor confidence by declaring a dividend of Rs.743 million, totalling a dividend pay-out of Rs.1.76 billion for this year. The earlier dividend of Rs.1.01 billion declared in J

The Ceylon Tea brand will soon be able to affirm its origin in the international market, as a fresh grant has been extended by the French Development Agency (AFD) to develop a Geographical Indication (GI) for the premium product. A grant agreement of

A top economist in the country urged the government to move ahead with pre-emptively restructuring Sri Lanka’s external debt as Plan B, while cautioning that Sri Lanka is on the path for a deeper crisis,

The tourism industry will receive a fresh round of relief, Tourism Ministry Prasanna Ranatunga said, as plans are afoot to propose to the Cabinet in the coming weeks to ease the financial burden faced by the indust

In the last 70 years, Sri Lanka has never been in a more precarious position with regard to the repayment of its debt, than at present, in December 2021. There is much that is said in the media about the increase in Sri Lanka’s debt and as is the c

LOLC General Insurance Limited has announced an initial public offering (IPO), which will open on December 16, 2021.One hundred and twenty million shares held by LOLC Asset Holdings Limited will be offered for sale, at a price of Rs.7.90 per share. T