Supporting customers by opening up a world of opportunity, HSBC has further enhanced its flagship Premier proposition by reintroducing Premier Mortgage Loans at an attractive introductory five-year fixed interest rate of 7 percent p.a.

Sri Lanka’s leading private sector bank HNB PLC was ranked among the top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year.

In a first for Asia, Hitachi Digital Payment Solutions (HDPS) has successfully developed a touchless ATM solution, which is currently live at Sri Lanka’s Sampath Bank.

Commercial Bank of Ceylon has once again been included among the 10 Most Admired Companies in Sri Lanka, in the annual list compiled by the International Chamber of Commerce Sri Lanka (ICCSL) in collaboration with the Chartered Institute of Managemen

Since the first announcement in June 2020, expectations have been high on the potential of the Eravur Fabric Processing Park to catalyse a new era for Sri Lankan textile and apparel manufacture.

Pharmaceuticals have been manufactured by the private sector in Sri Lanka for well over half a century, with pioneers such as Dumex (now Astron Limited), GSK, Gamma and J.L. Morison Son & Jones, now known as Morison Ltd. Since then, the industry has

The final session at the upcoming Sri Lanka Retailers Forum 2021 will be an experience sharing panel discussion on how brick and motor stores and digital businesses have adapted to disruption brought about by the pandemic.

Leading Sri Lankan corrugated carton manufacturer, Ex-Pack Corrugated Cartons Limited, successfully concluded its virtual investor forum and event for analysts, as the company prepares to go public.

SLASSCOM recently unveiled its Environmental, Social and Governance (ESG) initiative in collaboration with the United Nations in Sri Lanka and Global Compact Network Sri Lanka.

The government has appointed a committee led by the Secretary to the Ministry of Plantation, Rawindra Hewavitharana to decide on a suitable source and other details to provide nitrogenous fertilizer in liquid form for the country’s tea sector amids

Agriculture Minister Mahindananda Aluthgamage is expected to announce a mechanism for organic fertilizer distribution among paddy farmers in a bid to address the fertilizer shortage for the Maha Season cultivation following the ban on chemical fertil

The Court of Appeal yesterday reserved for November 3 to deliver its order regarding the preliminary objections raised by newly appointed Central Bank Governor Ajith Nivard Cabraal and Attorney General challenging the maintainability of the writ peti

The Cabinet has cleared a draft bill to increase the existing minimum retirement age limit of private sector employees to age of 60 and to present the same in Parliament for the approval.

As Sri Lanka is roughly a month away from presenting its budget for 2022, a former International Monetary Fund (IMF) official said it doesn’t have to be a crisis programme, instead it should focus on growth, with a medium-term path towards fiscal d

Sri Lanka’s government bonds suffered their biggest drop in nearly seven weeks yesterday after the Central Bank scrapped a plan to buy back a chunk of the country’s debt on the cheap after default fears pounded prices.

With a vast majority of bondholders of Sri Lanka’s January and July 2022 International Sovereign Bond (ISB) issuance are determined to hold the ISBs to maturity, the Central Bank (CB) has scrapped the proposed ISB buy-back initiative, announced rec

Canadian David Card, Israeli-American Joshua Angrist and Dutch-American Guido Imbens yesterday won the Nobel Economics Prize for insights into the labour market and “natural experiments”, the jury said.

Oil prices surged again yesterday, extending the multiweek gains as an energy crisis gripping major economies shows no sign of easing amid supply restraint from the major producers.

Sri Lanka is likely to see the national roll-out of the digital identity next year, providing every citizen with a unique identification (UID), potentially ending the endless time waste and hassles the citizenry and businesses undergo in their everyd

The rising funding costs and long shadow casted over the economy, due to the pandemic, may slow the pace of bank credit to the private sector and could upend the balance sheets of banks, according to ICRA Lanka Limited.

Sri Lanka’s tea industry will soon have access to chemical fertilisers, with the government having decided last week to allow the stakeholders to import the necessary boosters and stimulants under a licensing system,

People’s Bank was yet again featured among the coveted top 10 ‘Most Admired Companies of Sri Lanka’ for the 2020/21 financial year by the

DFCC Bank was recently awarded the ‘Most Innovative Corporate Banking App Sri Lanka’ at the Global Banking & Finance Awards 2021, organized by the Global Banking & Finance Review magazine, attesting to its continued status as the Bank for Everyon

Sanasa Life Insurance (SLICL) has showed resilience and agility in adopting to the new normal while managing to post a healthy operational and financial performance, whilst achieving a record 235.1 percent Year-on-Year (YoY) in Gross Written Premiums

National Savings Bank, (NSB) has been recognized as one of the 10 Most Admired Companies in Sri Lanka in 2021 by the International Chamber of Commerce Sri Lanka (ICCSL), in collaboration with the Chartered Institute of Management Accountants (CIMA).

Commercial Bank of Ceylon and Softlogic Life have collaborated to break new ground in Sri Lanka’s financial services sector with the launch of the first remittance-linked life insurance product in the market.

As part of a recently concluded series of nearly twenty high-level discussions held in France, Sanjaya Mohottala - Chairman of the Board of Investment (BOI) of Sri Lanka, met with officials of Accor Hotels and Club Med respectively, to explore opport

With just few weeks left for the much-awaited IPO of Ex-Pack Corrugated Cartons Limited, the company will host a forum for investors and analysts today (October 12) at 10 a.m.

Barberyn Ayurveda Resorts have launched Sri Lanka’s first Certified Ayurveda Covid-19 Intermediate Care Centre at Bentota.

HNB PLC partnered with the National Chamber of Exporters of Sri Lanka (NCE) as the exclusive banking partner of the ‘Sri Lanka Export Brand’ Exhibition organized by the NCE at the World Expo 2020 in Dubai, United Arab Emirates.