Maga Engineering and the U. S. Agency for International Development’s (USAID) youth employment and business startup project – YouLead, have cemented their partnership under a Memorandum of Understanding (MoU) to work towards better outcomes and o

Hela Clothing has launched the ‘Hela Diriliya’ initiative to empower the Company’s team members and helpuplift their lives.

Lanka Hospitals made a generous donation of Rs. 10 million to the ‘Itukama’ Covid-19 Healthcare and Social Security Fund recently.

Continuing with its efforts to protect and restore our environment, INSEE Cement recently kicked off its latest Mangrove Restoration Project.

Chairman of Home Lands Group, Nalin Herath has donated to the tune of Rs 7.5 million to the Base Hospital – Tangalle to Dr. Dilka Saranasinghe - Medical superintendent, Base Hospital – Tangalle, who received the cheque on behalf of the hospital.

While the pandemic has adversely affected many, the 12 school children who participated in the finals of the online speech competition conducted under John Keells English Language Scholarship Programme (JKELSP) held on August 17th impressed their vir

The Ministry of Trade today appointed several Export Advisory Committees to overlook 24 sectors for the 2021-2026 period.

The Central Bank yesterday left its key policy rates unchanged indicating that the Monetary Board considers the current monetary policy stance is appropriate to both fend off any demand side inflationary pressures, while supporting the recovery of th

Legal approval has been received for mobile number portability (MNP), Telecommunications Regulatory Commission of Sri Lanka (TRCSL) Director General Oshada Senanayake said.

Moneys sent back by Sri Lankans working abroad continued their descent for the fourth consecutive month in September, further widening the gap between the cumulative remittance income received during the nine months in 2020 and 2021.

The conditions that mostly favour a suppliers market at present with higher global commodities prices could soon start changing to a buyers market in which the latter starts commanding terms, when supply chains begin to come out of the current strain

As the government is dealing with some strenuous fiscal conditions amid the steep loss of revenues inflicted by the prolonged pandemic, it has resorted to some sizeable spending cuts on social and welfare expenditure as well as capital expenditure fo

The government plans to draft legislation to update the Civil Procedure Code (Chapter 101) to permit the use of modern communication methods such as mobile phone messages and emails for the process of issuance and service of summons in a lawsuit.

The Cabinet of Ministers this week gave its approval to formulate new cybersecurity legislation in two separate bills including a ‘Defence Cyber Commands’ bill and a separate bill covering general cybersecurity laws including provisions to estab

The government’s move to withdraw the several gazette notifications that imposed price controls is a step in the right direction, said Colombo-based economic think-tank Advocata Institute while pointing out that the step fosters competition and imp

Affirming its indelible reputation as Sri Lanka’s fastest growing life insurer, Softlogic Life goes beyond borders with the introduction of a powerful new US dollar savings life insurance solution, ‘Dollar Saver’ that will be offered to Sri Lan

With the aim of providing a seamless digital banking experience to its customers, People’s Bank upgraded its Gelioya service centre into a fully-fledged branch and ceremonially opened it to the public on October 11, making it the 363rd People’s B

Ceylinco Life has ended the suspense for policyholders awaiting news of the next Family Savari promotion with the announcement of another bonanza in gold for winners at the milestone 15th edition of this annual mega rewards programme that, like gold,

Cognizant of the economic difficulties faced by rural villages, due to the restrictions during the pandemic, Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Mov

Amana Bank was ranked among the World’s Top 100 Strongest Islamic Banks by The Asian Banker in its 2020 ranking index, based on balance sheet strength and asset size.

K.G. Leelananda, CEO/Executive Director of Lanka Credit & Business Finance Limited (LCBF), the fastest growing finance company,

Trend setter in the supermarket industry, Softlogic Glomark has expanded its presence to Negombo, with another one of a kind global supermarket experience.

Anods Cocoa (Pvt.) Ltd, which offers a premium selection of chocolates to the consumer, took a bold step to tap into several strategic export markets under the brand name Puredale Nature’s Crest, to support the national economy overcome the current

H-Connect International, a fully-owned subsidiary of The Hirdaramani Group and a leading provider of global business process management (BPM) services, announced the appointment of Deshaka Perera as Chief Operating Officer.

Hemas Consumer Brands is guided by its moral compass: its values. It is those values that hold it together in meeting success and providing its customers with high-quality products with the best standards.

Union Assurance HEALTH 360 was launched on October 13 as a health insurance solution that covers a wide range of health protection needs for the entire family. It offers benefits across three generations covering the policyholder’s spouse, children

The Central Bank of Sri Lanka (CBSL) announced today that it will continue to maintain policy rates at the current levels.

Union Assurance HEALTH 360 was launched on October 13th as a health insurance solution that covers a wide range of health protection needs for the entire family. It offers benefits across three generations covering the policyholder’s spouse, childr

’’When our children ask us why such a war occurred, we should be able to tell them that it was because there were tensions between the different ethnic groups and because we failed to understand each other.’’

The International Monetary Fund (IMF) lowered its growth outlook for Sri Lanka, alongside the rest of the world’s, on the risks stemming from the prolonged virus that gave rise to supply chain disruptions and higher price pressures, which made the