which has interests in retail, food & beverage manufacturing and distribution and restaurant sectors, announced a group restructuring exercise yesterday.

Nations Trust Bank PLC (NTB) reported higher profits in the three months to September as the bank gained its momentum in new loans defying the economic challenges came about from the virus related lockdowns, which lasted for nearly half of the quarte

With increasing global demand for specialty tyres, GRI continues its expansion drive by increasing its manufacturing capacity.

Sri Lankan shares hit fresh record highs at close yesterday, helped by gains in financial and consumer stocks.

The Colombo Stock Exchange (CSE) has decided to push back the proposed listing of Laugfs Gas PLC’s former subsidiary Laugfs Eco Sri Limited until the legal battle between the company and Commissioner of Motor Traffic (DMT) is finalised.

In an effort to break the vicious cycle stemming from the COVID-19 pandemic that can result in further scarring on businesses and households in the near term, the Central Bank of Sri Lanka (CBSL) yesterday asserted it is imperative for the government

Sri Lanka’s social protection and food insecurity amidst COVID-19 came into focus at the third and final session of a webinar series held recently to mark the release of the ‘Sri Lanka: State of Economy 2021’ report, the annual flagship publica

The government promises a non-traditional budget this weekend, as the nation awaits the details of a fiscal policy programme it hopes will spell the way out of the current economic crisis. Alongside impetus to drive production, entrepreneurship and i

Commercial Bank of Ceylon was among the top 10 winners at the inaugural Women Friendly Workplace (WFWP) Awards jointly pioneered by Satyn, Sri Lanka’s first online magazine for women and the Chartered Institute of Management Accountants (CIMA) Sri

Sri Lanka’s leading state-owned non-bank financial institution (NBFI) People’s Leasing & Finance PLC recently unveiled its mobile application – PLC Touch – to facilitate a convenient user experience.

NDB Bank introduces the brand-new ZEE digital youth account, an exclusive digital journey, in the form of a savings account tailor-made for the new generation.

Considering the growing education cost and necessity of having funds for the education, the national insurer Sri Lanka Insurance provides reliable insurance solutions allowing parents to secure a bright future for their children.

N-able (Private) Limited, Sri Lanka’s leading technology solutions provider, advances into new frontiers by expanding its footprint beyond Sri Lanka to extend its design consultancy and engineering services to customers across prime international m

Big Bad Wolf Books has announced exciting news for everyone to hop on board the Wolf’s ship to browse and shop for hundreds and thousands of books at extremely affordable discounts on lk.bbwbooks.com for an additional four days until November 14, 2

The fourth consecutive edition of Sri Lanka’s most sought-after SLASSCOM National Ingenuity Awards, which seeks to recognise and celebrate innovation in the IT/BPM sector of the country, is all set to take centre stage on February 25, 2022.

Sri Lanka’s MAS Holdings today said one of its subsidiaries, MAS Brands, which owns and operates the retail lingerie business under the brand amanté, was acquired by Reliance Retail Ventures Limited, a subsidiary of India’s Ambani-owned Reliance

Sri Lankan migrant workers will soon be able to enter Korea and its government announced today its decision to resume the entry of new Sri Lankan workers and workers from other foreign countries.

The local education sector is still in dire need of a holistic and multi-pronged approach to the inclusive delivery of education services amid the “unique” circumstances, the Central Bank of Sri Lanka (CBSL) said.

The local education sector is still in dire need of a holistic and multi-pronged approach to the inclusive delivery of education services amid the “unique” circumstances, the Central Bank of Sri Lanka (CBSL) said.

The Central Bank yesterday said that plans are afoot to incentivise the Sri Lankan expatriates who ensure their remittances enter the country through formal channels, so that both the migrant workers and national economy can reap the benefits of a wi

Dipped Products PLC’s profits declined in the three months to September, ending more than a year-long streak of robust top and bottom line performances set off at the initial stage of the pandemic, as the supply returned with the capacity expansion

Capital Alliance Limited (CAL) has announced its intentions to list on the Colombo Stock Exchange, by way of an equity initial public offering (IPO). It will be the first standalone non-bank primary dealer to debut on the CSE.

Lion Brewery (Ceylon) PLC (LION) reported subdued financial performance for the three months to September (2Q22), as the beer maker had to contend with the prolonged lockdowns, which erased nearly a month-long sales amid the soaring commodities price

Teejay Lanka PLC has built on its robust first quarter performance in the second quarter of 2021-22, helped by strong demand for fabric from strategic customers, due to the changing dynamics of the global market, increased capacities and depreciation

Taprobane Seafoods, Sri Lanka’s largest and most integrated seafood company, yesterday announced its partnership with Atman Group.

Hatch in collaboration with the US Department of State recently announced ‘AccelerateHER‘, Sri Lanka’s first accelerator programme for female founders and a gender-based awareness-raising initiative, aimed at developing women entrepreneurs with

The Ceylon Chamber of Commerce will organise a virtual session on Analysing the National Budget 2022 on November 15, starting at 9:30 a.m.

Successive governments have run fiscal deficits. Inadequate revenue collection and unrestrained government expenditure have worsened the country’s fiscal position.

Labour Minister Nimal Siripala de Silva is proposing a private sector pension scheme and an insurance scheme to cover employees who lose employment according to mawbima.lk.

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