NDB Bank was once again honoured at Best Corporate Citizen Sustainability Award 2020, with the Top Ten Corporate Citizen award for the seventh consecutive year, at the annual event organised by the Ceylon Chamber of Commerce.

Passengers traveling from the southern African region will be banned from entering Sri Lanka from tomorrow (28, Sunday) due to concerns over the detection of the new variant ’Omicron’, the Civil Aviation Authority (CAA) announced today.

Singapore will launch Vaccinated Travel Lanes (VTL) with Sri Lanka from December, allowing quarantine-free travel for fully vaccinated travellers between the two countries.

A national consensus backed by a common minimum programme, which should be implemented by an independent team of experts, is mooted for Sri Lanka to overcome a potential sovereign default next year.

Gautam Adani, founder and Chairman of Adani Group, on Wednesday replaced Reliance Industries Limited (RIL) Chairman Mukesh Ambani to become Asia’s richest person.

Sri Lankan shares ended up over one percent yesterday at a record high, boosted by gains in industrial and financial stocks, marking their best week since early October.

We’re back in familiar territory - growing concern about a new variant of coronavirus.

A global shortage of fertilisers is driving up food prices and leaving poorer countries facing crisis, says the boss of a major fertiliser firm.

A group of coffee industry stakeholders recently joined forces to establish the Lanka Coffee Association (LCA), Sri Lanka’s first-ever national coffee association.

Hirdaramani Group has launched its Sustainability Roadmap, ‘Future First’ – a unified and holistic sustainability plan with ambitious targets for 2025.

The Covid-19 pandemic, climate change, and resulting supply chain disruptions have created a tremendous strain and a destructive impact on tea industry, especially on smallholders and women-led farmers in Sri Lanka.

Wheelchair tennis, a sport that has consistently earned international recognition for Sri Lanka recently received more support from Colombo International Container Terminals (CICT) and China Merchants Foundation (CMF) in the form of a donation of US$

Concluding the latest phase of its School Bus Library project, SLT-Mobitel donated yet another SLTB Bus transformed into a fully-fledged library to Walgamwewa Vidyalaya, Galewela recently.

Capping weeks of expectations for a rate hike by certain quarters, the Central Bank decided to maintain the current monetary policy unchanged this week in a sign of bias towards supporting the recovery of the economy beset by the pandemic and told th

Sri Lankan shares ended up 1 percent yesterday, helped by a surge in industrial and consumer stocks, after the Central Bank held interest rates steady.

The Central Bank will soon start cracking down on informal money exchangers such as ‘Hawala’ as the country continues to lose a significant amount of foreign exchange received via migrant worker remittance which started slowing down from around J

Tourism industry veteran M. Shanthikumar will head The Hotels Association of Sri Lanka (THASL) following his appointment as the President of the association yesterday.

Prime Minister Mahinda Rajapaksa yesterday declared open the newly constructed aircraft apron and taxiway constructed as a part of the Bandaranaike International Airport (BIA) Expansion Project.

Stakeholders of the hard-hit tourism sector have been instructed by the Central Bank of Sri Lanka to bring to its notice of any leasing companies seizing vehicles for late payment of installment.

India’s HCL Technologies (HCL), a leading global technology company, yesterday opened doors to its largest facility in the country at the state-of-the-art Cinnamon Life complex in Colombo.

The Initial Public Offering (IPO) of Capital Alliance Limited (CAL) which opened yesterday was oversubscribed the same day.

The Ceylon Electricity Board (CEB) has cut its losses in the three months to September as revenues rose while the generation costs fell on the back of heavy rains received in the catchment areas making it possible to increase the share of cheaper hyd

Aitken Spence Logistics recently embarked on commissioning a state-of-the-art, 100,000 sq. ft. container freight station at its main logistics complex in Mabole, Wattala.

Ideal First Choice (Pvt.) Ltd, a fully-owned subsidiary of the Ideal Group, recently partnered with Gulf Oil Lubricants India to offer Gulf Oil lubricants to the Sri Lankan market.

Hambantota International Port Group (HIPG) yesterday signed an agreement with INSEE Cement, the leading cement manufacturing company in Sri Lanka, to ensure the efficient transfer of raw materials to its factory in Galle, via the Hambantota Port.

HMD Global, the home of Nokia phones, has unveiled the first-ever HMD Global tablet Nokia T20.

Himani Vithanage of the University of Colombo has won the Saman Kelegama Memorial Research Grant for 2021, awarded by the Institute of Policy Studies of Sri Lanka (IPS).

Real estate developer Myland Developments Limited (MDL) yesterday announced an initial public offering (IPO), offering a 17.24 percent stake of the company and will be listed on the Diri Savi Board of the Colombo Stock Exchange (CSE).

London-based Capital Finance International (cfi.co) has awarded MTI Consulting as the 2021 Best Boutique Management Consultancy for the Middle East and Africa region, as part of CFI.co Awards 2021, which identifies and awards individuals and organis

The newest feather in Union Assurance PLC’s cap is achieving the Bronze award in the Large Enterprise Category at the GPTW Awards ceremony held recently, making Union Assurance the only insurance company in Sri Lanka to be recognised among the top