DIMO, one of the leading diversified conglomerates in the country and the only authorised distributor for TATA vehicles in Sri Lanka, recently delivered 25 TATA LPK 1618 tippers to Edward & Christie Group, with another 15 units on order.

The Sri Lankan tea industry for the period January to September 2021 witnessed an upward momentum with production and exports whilst recorded a decline in the national average when compared to the same period in 2020.

The demand for organic food products is continuously increasing due to the growing interest in markets such as the EU, USA, Middle East, Japan and China. Among the producing countries, Sri Lanka maintains a reputation as a reliable producer and suppl

For the first time, Sri Lanka has its own brand of black rice grown organically.

The Central Bank of Sri Lanka (CBSL) directions on classification, recognition and measurement of credit facilities and other financial assets will come into effect from January 1, 2022 onwards. It’s paramount for bankers to understand the regulato

Working to meet the demands of a growing business community in Padukka, Sri Lanka’s leading private sector bank HNB PLC ceremonially opened its recently relocated customer centre at No. 51 Horana Road, Padukka.

SampathCards was conferred with the Best Revenue Generating Overall Card Base award by Daraz at the recently concluded Daraz Payment Partner Performance Awards 2021.

In partnership with Mastercard, three leading cryptocurrency service providers in Asia Pacific will be launching crypto-funded Mastercard payment cards.

Commercial Bank of Ceylon is revving up for the festive season with the launch of Double Chance, a promotion that will offer 24 of its remittance customers the opportunity to double the amount they receive, up to a maximum of Rs.50,000 each.

Committed to instilling customers with confidence in their digital payments, Dialog’s Genie, Sri Lanka’s first financial marketplace and all-encompassing digital wallet, continues to drive digital payment adoption with Visa, its long-standing par

NDB Bank’s revolutionary digital banking platform NDB NEOS surpassed the milestone of Rs.100 billion in transaction value, with over 100,000 users around the island.

The Japan International Cooperation Agency (JICA) expressed commitment to further supporting Sri Lanka’s socio-economic development needs across diverse sectors.

In the absence of policy guidance, the government has failed miserably to build up its foreign reverses in contrast to other South Asian governments, which have beefed up reserves to meet the external challenges, a senior Opposition lawmaker charged.

The Cabinet of Ministers green-lighted to publish the updated version of the draft Private Data Security Bill in a gazette notification and to table it in Parliament for approval.

Industrial stocks powered Sri Lankan shares to a record closing high yesterday, a day after the main index crossed the 11,000 level for the first time.

The Cabinet cleared the path for the Sri Lanka Posts Department to secure the required office infrastructure by implementing multi-purpose projects on a public-private partnership (PPP) basis within the lands allocated for the department, while reduc

Sunshine Holdings PLC reported robust revenues and profits for the three months to September, as the conditions favoured its healthcare cluster while the agri-business benefitted from higher palm oil net sales average.

The government assured that the country has sufficient stocks of petroleum oil while cautioning that panic buying may lead to short-term shortages at fuel stations.

Flexicare Lanka, a fully-owned subsidiary of Flexicare Group, UK, has set up a state-of-the-art modern manufacturing facility in Bandaragama, with a total investment of over US $ 15 million.

Sri Lanka’s hard-hit tourism sector has received investments amounting to US $ 101 million in the last nine months, despite the COVID-19 pandemic, of which 22 projects worth of US $ 92 million have received the nod to kick off, Tourism Minister Pra

Advantis Projects and Engineering, a subsidiary of Hayleys Advantis Limited, has completed its share of construction work on the New Kelani Bridge project.

The Access Group consists of some of the country’s pioneering and innovative companies that have contributed to Sri Lanka’s corporate landscape.

INSEE Cement entered into a Memorandum of Understanding (MoU) with the State Ministry of Home Affairs recently to enhance knowledge of modern engineering techniques and best practices of 25 district engineers belonging to the Engineering Division of

Buying or selling a property can sometimes become a cumbersome task in Sri Lanka, especially if there are any anomalies in the documentation process or when getting approval from government institutions.

Prime Minister Mahinda Rajapaksa ceremonially opened the Kandy New Wastewater Management System yesterday in the presence of Mizukoshi Hideaki,

Reviving the ailing gem industry will help increase exports and contribute generously to the country’s dwindling dollar reserves, says Sri Lanka Gem & Jewellery Association (SLGJA).

Kapruka, Sri Lanka’s largest locally owned e-commerce enterprise with a global presence, recently welcomed two new members to its Director Board.

The upcoming Sri Lanka Economic Summit 2021will host a lineup of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’. Day two of the event will feature a session dedicated to ‘Resetting the Export P

Recent years have seen a significant rise in the number of start-ups being established within Sri Lanka, resulting in the creation of a burgeoning sector that many of the country’s business experts regard as an essential factor that would drive the

Colombo Port City which has already attracted a few investors, is set to lead Sri Lanka’s economic resurgence in the near future, its Executive Project Management Director Raja Edirisuriya said.