ICRA Lanka Limited has assigned a credit risk rating of [SL] Amfs (pronounced as Sri Lanka A mutual fund scheme) to the Senfin Dynamic Income Fund which is managed by SENFIN Asset Management (Pvt) Ltd.

The Commercial Bank of Ceylon was presented the award for ‘The Best Engaging Overall Cards Base’ at the recent ‘Payment Partner Performance Awards 2021’ of Daraz, South Asia’s premier online shopping marketplace.

NDB Bank’s revolutionary digital banking platform NDB NEOS recently celebrated its second successful year since its launch in 2019.

Amana Bank was bestowed the Gold Award for Finance Deal of the Year at the recently concluded SLIBFI Awards 2021, which were adjudicated by KPMG and organized by UTO EduConsult.

Capitalising on India’s ‘Neighbourhood First’ policy, Finance Minister Basil Rajapaksa, during his recent visit to New Delhi, firmed up the need for cooperation in four key areas that would help the island ease the hiccups it faces at present.

Life insurance companies have sought more time to reveal their stance on granting social security benefits to life insurance agents, following a meeting with Labour Minister Nimal Siripala de Silva, according to a press release issued by the Labour

The new rules set out on export proceed conversion, which enables the exporters to meet all imports, which are required to make or facilitate their respective exports, have given rise to an extremely important set of data for the officials to gauge t

The liquor sales dropped quite drastically during the three months ended in September, as Distilleries Company of Sri Lanka PLC (DCSL) reported some sharp drop in its top line in its fiscal second quarter ended in September while the government conti

The Cabinet nod has been granted to enter into an agreement with the Korean International Corporation Agency (KOICA) to secure a US $ 4 million grant to implement a project aimed at enhancing the construction training courses offered by several selec

Sri Lankan shares dropped over 2 percent yesterday to extend losses for the third straight session, as sentiment was soured by the discovery of the first Omicron variant patient in the country.

Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong.

With the exporters grappling with the skyrocketing freight charges and container shortages, the International Chamber of Commerce Sri Lanka (ICCSL) seeks urgent state intervention to charter a subsidised feeder vessel between the shipping hubs and br

Operating at maximum production capacity with optimized distribution channels for a number of weeks, INSEE Cement has helped to mitigate the cement shortage that was prevailing in the local market.

Daraz Group CEO of Daraz, Bjarke Mikkelsen was in Sri Lanka on November 25 and 26. During his visit he met with key government leaders and officials including,

The Lanka Premier League (LPL) Kandy-based franchise has new owners as Vernost Marketing Technology Solutions CEO Pankaj Tripathi and Safexpay Founder and CEO Ravi Gupta have stepped forward to co-own the franchise in the upcoming second season of th

John Keells Foundation (JKF) launched the pilot of John Keells ‘Praja Shakthi’ Digital Learning Initiative on November 11th in Ranala.

Global Housing and Real Estate (Pvt) Ltd (GHR) has taken upon itself to make a sustainable pledge to help preserve the planet through the ‘GHR Green Pledge’; to help reforest the planet and negate the environment change for a more sustainable liv

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.

Harpic disinfectant toilet cleaner, a brand of globally renowned consumer goods conglomerate Reckitt, recently marked the World Toilet Day by renovating and upgrading the sanitation infrastructure of Meerigama Base Hospital.

A newly built bridge on Cleveland division under the Rural Bridge Project was declared open recently.

OrphanCare, Amana Bank’s flagship community outreach programme completed yet another round of fund disbursements to its beneficiary orphan accounts, thereby totalling 8 rounds of uninterrupted quarterly distributions, despite the ongoing challengin

Commemorating the value of the role that water plays in enabling and securing livelihoods, Perera and Sons donated yet another reverse osmosis (RO) plant to the Gamini Vidyalaya Kudawilachchiya, in the Anuradhapura district.

Sysco LABS Sri Lanka, the innovation arm of Sysco, the world’s global foodservice leader, commemorated Inclusion Month recently, hosting a thought-provoking panel discussion titled ‘Diversity in Motion – A diversity, inclusion and equity panel

Bringing a blockbuster earnings season to a close, Sri Lanka’s listed companies have delivered robust earnings for the quarter ended in September 2021 indicating that big corporates have largely built resilience and have acclimatised with the new e

Access Engineering PLC (AEL), Sri Lanka’s leading construction enterprise in JV with its technical partner China Harbour Engineering, a world-renowned marine contractor, has been awarded the contract to construct the East Container Terminal (ECT) o

The entire director board of Sri Lanka’s apex investment promotions agency, Board of Investment, and its Director General are reported to have stepped down from their positions with immediate effect, Mirror Business learns.

The new start-up airline and Sri Lanka’s third scheduled international operator ‘Fly Lankan’ will be commencing operations with flights to the Maldives by end of this month.

The transshipment container volumes at the Port of Colombo rose for the first time in October ending a 3-month declining streak due to disruptions in global vessel movement, the Sri Lanka Ports Authority (SLPA) data showed.

The initial public offering (IPO) of software provider hSenid opens at 9.00 a.m. today.

The cause for increasing incidents of gas cylinder leakages and explosions reported across the country in the recent weeks is not due to the change in the composition of LP gas in the cylinders, but due to the incorrect usage, said Laugfs Gas PLC, th