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

Alliance Finance Co PLC (AFC) has successfully raised Rs.1 billion in Tier II capital, with the aim of strengthening the regulatory capital of the company to financially empower and facilitate the development of the micro, small and medium enterprise

Strengthening the relationship between the two state giants, Sri Lanka Insurance joins hands with Bank of Ceylon (BOC) providing ultimate convenience of paying life insurance premiums via BOC cashless QR payment solution BOC SmartPay.

Siyapatha Finance, a fully-owned subsidiary of Sampath Bank PLC, with an accumulation of over 15 years of experience in the non-bank financial service industry, launched the newly improved corporate website in view of being ahead and providing the cu

Browns Deals, the consumer electronic arm of the Browns Group, recently opened their upgraded main showroom at T.B. Jayah Mawatha, Colombo 10.

HNB has been recognised by Daraz for exceptional contribution to its growth, in an independent endorsement of Sri Lanka’s leading private bank’s commitment to expand e-commerce and digital payments throughout the country.

Orel Corporation’s latest showroom Orel Lifestyle Centre, marking the brand’s foray into the luxury kitchen segment was declared open on November 8th at Sri Jinarathana Road, Colombo 2.

Elephant House Ice Cream recently unveiled ‘Feelgood’ its new guilt-free frozen confectionery range, supporting consumers who embrace wellness and balanced lifestyles.

Cricket fans can rejoice as Rakuten Viber partners with Sri Lankan cricketer Lasith Malinga to deliver a cricket experience like no other through a range of exciting features and activities for fans worldwide.

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

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