The world’s largest consumer packaged goods companies have hit an inflection point. Multiple leadership changes and sweeping job cuts have been announced over the last 18 months. Analysts point to slow

Colombo will host a timely and high-level discussion on the latest reforms to the German Supply Chain Act (Liefer kettensorgfaltspflichtengesetz – LkSG) and its intersection with the EU GSP+ programme and the

Maliban Group of Companies announced a landmark strategic partnership with Reliance Consumer Products Ltd (RCPL), a subsidiary of Reliance Retail and a fast-growing player in India’s consumer sector.

Vallibel Finance PLC has officially partnered with Singer Sri Lanka for Piaggio three-wheelers, the sole authorised distributor of Piaggio three-wheelers in the country.

Alliance Finance Company PLC (AFC) celebrated a landmark moment with the issuance of its social bond on the Colombo Stock Exchange (CSE).

The Aviyana Hotels Group, developer of Sri Lanka’s first seven-star hotel, has secured a notable double victory at the prestigious Sri Lanka Sustainability Awards (SSA) 2025.

In line with the government’s efforts to align with the global tax standards, the Inland Revenue Department has announced the repeal of the Simplified Value Added Tax (SVAT) scheme, effective October 1, 2025.

Reiterating its presence in financial excellence and innovation, leading NBFI in Sri Lanka Citizens Development Business Finance PLC (CDB) marked its 30th anniversary celebrations by ringing the bell to

The Colombo Stock Exchange (CSE) reversed sharply today, erasing the previous session’s gains and closing in negative territory. During the first half hour of trading, the ASPI climbed more than 120 points, but momentum quickly faded, with the inde

Sri Lanka’s corporate income tax (CIT) collection remains far below the regional peers, raising concerns over the sustainability of government revenue and its post-crisis fiscal recovery, the World Bank (WB) highlighted.

The annual Skills Expo, returning for its third edition in 2025, aims to bridge the growing gap between vocational training and industry demand, the organisers said, as the country faces acute shortages in technical and skilled labour.

Colombo-based think-tank Advocata Institute commended the government’s decision to close 33 non-operational state-owned enterprises (SOEs) but urged that this be only the first step toward comprehensive divestiture of commercially viable entities.

Citrus Leisure PLC has sold 62.5 million ordinary voting shares of Hikkaduwa Beach Resort, representing over 10 percent of the resort’s issued voting shares, the company said in a Colombo Stock Exchange filing

PickMe, Sri Lanka’s leading digital mobility platform, is expanding into the entertainment and lifestyle sector with the launch of a QR code-based ticketing system for events.

The ASPI closed in green as a result of price gains in counters such as Hatton National Bank, National Development Bank and Nawaloka Hospitals with the turnover crossing Rs. 11.8 Bn. A similar behaviour was

Ahead of today’s T-bond auction, the secondary market yield curve witnessed subdued activity and low trading volumes, with the yield curve showing only marginal movement.

Growth in Sri Lanka’s credit card debt showed signs of slowing in June, rising by just Rs.539 million, compared with a Rs.534 million increase in May, even as the overall consumer spending picked up.

HNB PLC has been recognised as the Best Bank for Large Corporates in Sri Lanka at Euromoney Awards for Excellence 2025, reaffirming the bank’s position as a trusted financial partner to the country’s largest businesses and most ambitious institut

The National Engineering Conference (NEC) 2025, organised by the Institution of Engineers Sri Lanka (IESL), was held recently at Hotel Galadari, bringing together engineering professionals, academics, policymakers and industry leaders to deliberate o

Sampath Bank has been recognised as Sri Lanka’s Best Bank for Environmental, Social and Governance (ESG) at Euromoney Awards for Excellence 2025.

People’s Leasing & Finance PLC recently relocated its Kegalle branch to No. 453, Main Street, Kegalle, with a new, more accessible location.

The much-anticipated Megamind 2025 Quiz, organised by SLASSCOM, brought together the country’s brightest minds for an evening of knowledge, camaraderie and spirited competition

John Keells Logistics (Pvt.) Ltd (JKLL) has officially partnered with the Institute of Supply and Materials

BIMT Campus CEO Farshath Jamal received national recognition at the prestigious Management Leadership Excellence Awards 2025, organised by the Institute of Chartered Professional Managers (CPM Sri Lanka). He was named First Runner-Up in two signific

In keeping with its 150 anniversary celebrations, Brown & Company added another accolade to its long milestones of achievements in being recognised for yet another innovation in digitalisation at Asian Technology Excellence Awards 2024.

Policybazaar for Business, the B2B arm of Policybazaar.com, announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman and the UAE.

The Colombo Stock Exchange (CSE) witnessed an eventful session today, marked by sharp intraday swings and robust investor activity.

Sri Lanka must focus on smarter spending and fairer revenue collection to sustain its economic gains, the World Bank cautioned in a report published yesterday, as the country seeks to consolidate one of the sharpest fiscal adjustments in its history.

Sri Lanka’s ambitious plan to attract five million tourists and generate US$ 10 billion in annual revenue by 2030 is under threat as bureaucratic delays stall a critical global promotional campaign, industry leaders said.