Kelani Valley Plantations PLC (KVPL), a member of the Hayleys Plantations sector, set a new global benchmark for the plantations industry, as all ten of its rubber estates received the world’s first Sustainability Framework Certificates from Prefer

Speaker Mahinda Yapa Abeywardena endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill yesterday.

Remittance income from Sri Lankan migrant workers slumped for the third consecutive month in August, extending the year-on-year decline set off in June this year, a trend which is partly associated with the levelling off of the pace of growth continu

The local renewable energy players with an expansive overseas portfolio are likely to do well in the future due to the growing demand for sustainable energy as the world is coming together to gradually end its reliance on fossil fuel powered energy o

Persistent default fears eclipsed efforts by China Evergrande Group’s Chairman to lift confidence in the embattled firm yesterday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy.

Lankem Ceylon PLC last Friday filed a mandatory offer to acquire the remaining ordinary voting shares of ACME Printing & Packaging PLC (ACME) following the acquisition of 19.43 percent stake by its associate, E.B. Creasy & Company PLC early this mont

The Maldives continues to remain successful in attracting travellers despite the pandemic and has welcomed over 800,000 tourists since the start of

Sri Lanka’s tourism sector, which is harshly battered by pandemic-induced travel restrictions and border closures, has renewed its calls to authorities to write off the interest component accrued during the period of the loan moratorium, which was

The Exterminators (Pvt.) Ltd, Sri Lanka’s premier environmental enhancement solutions provider, announced that the company would franchise its specialised services nationally and internationally.

CT CLSA Securities Services announced the appointment of Sivashanth Sundararajee as its Chief Operating Officer/Executive Director, with effect from August 27, 2021.

The Industry Development Forum (IDF) was incorporated in 2020 for the purpose of promoting, supporting and stimulating sustainable and successful business growth. The IDF intends to accomplish this by positively affecting the local business environme

WindForce PLC has won the award for the Fastest Growing Renewable Energy Company in Sri Lanka, at the Global Business Outlook (GBO) Awards for 2021.

A recent study on the House Price Index developed by LankaPropertyWeb, which is based on the asking prices of its listings, revealed that the overall residential land prices (per perch) had soared by 44.19 percent from 2Q 2020 to 2Q 2021.

With the completion of Havelock City’s fourth and final phase, the development recently opened a new Roof Garden Play Area, with basketball and badminton courts and a multi-purpose playground for mini football, roller skating, skateboarding or any

Affirming its indelible reputation as the country’s premier and largest diversified property development conglomerate, Prime Group was lauded among LMDs Most Respected Entities in 2021.

ICRA Lanka Limited, the premier investment rating agency in Sri Lanka affiliated to Moody’s, has reaffirmed that JAT Holdings PLC remains worthy of the agency’s much coveted [SL]A+ rating, with a Stable outlook.

Insee Cement, Sri Lanka’s leading and only integrated manufacturer of cement, has been ranked amongst Sri Lanka’s Most Respected Entities 2021 by the LMD magazine.

SLT-Mobitel, the national ICT, telecommunication and mobile services provider and leader in digital transformation, signed a strategic agreement with Piripun Property Holdings (Pvt.) Ltd recently, to provide advanced communications solutions for its

Speaker Mahinda Yapa Abeywardena today endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill in parliament.

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible destination for investments to the State of Kuwait.

Alarmed by the rising short supply of the required raw materials for manufacturing, due to the severe shortage of foreign currency in the country’s banking sector, Sri Lanka’s largest cable manufacturer ACL Cables PLC has decided to sell all its

Reminding the famous saying that one must never waste a good crisis, a leading economist in the country opined that there has never been a better time for Sri Lanka to make the pressing and long overdue reforms in its economy through tough revenue an

The Central Bank last week extended the loan payment holidays on the tourism sector reeling from the lingering effects of the pandemic-induced restrictions by a further nine months to June 2022, as the most recent round of relief is coming to an end

The prolonged restrictions on vehicle imports will continue to dampen the growth and profits of the finance and leasing company (FLC) sector, which has already been grappling with a multitude of challenges, including degrowth and sour asset quality.

Assistant Governor K.M.A.N. Daulagala has been removed from the post of Secretary of the Monetary Board of the Central Bank, with immediate effect. She has been replaced by Assistant Governor J.P.R. Karunaratne.

Seeking an International Monetary Fund (IMF) assistance to ride out the external sector and broader economic woes of Sri Lanka is increasingly becoming the most plausible scenario, as access to external funding is becoming more difficult with the glo

Due to the shortage of suitable fertiliser, Sri Lanka is unlikely to be able to achieve its export earnings target for 2021, according to the Planters’ Association of Ceylon (PA), which also reiterated the calls for a sustainable solution to the wo

In what could be the most comprehensive study carried out to date on the cost of chemical fertiliser ban and its implications on the country’s already ailing merchandise trade deficit, the Sri Lanka Agricultural Economics Association has estimated

The Lankan Angel Network (LAN), the country’s largest network of angel investors, has appointed Chandi Dharmaratne as its Chairperson for 2021/2022, at its most recent board meeting held in September.

The CFA Society Sri Lanka is to unveil its virtual course on ‘Enhancing Investment Management with Python and Machine Learning’ in collaboration with Acuity Knowledge Partners, commencing from Tuesday, September 28, 2021.