In a strategic move to capitalise on the evolving market dynamics, Hong Kong-based global AFC Asia Frontier Fund further strengthened its existing holdings in Sri Lanka and two other Asian frontier markets, Pakistan and Bangladesh, last month.

Chali Weerakkody, the founder of the innovative online platform Editoz Club, has been named as one of South Australia’s 40 most influential entrepreneurs under the age of 40.

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Sampath Bank and Hayleys with the turnover crossing Rs. 2.5 Bn.

Continuing the selling momentum from the previous day, market participants maintained a bearish stance amid the ongoing global uncertainty. The selling pressure was primarily concentrated on the 2028 maturities, with limited trading activity observed

Nestlé Professional Sri Lanka, in partnership with the Chefs Guild of Lanka, relaunched the Nestlé Golden Chefs’ Hat Competition this year – an island wide culinary competition focused on developing up-and-coming culinary talent in the hospital

In celebration of World Environment Day, Cargills Food and Beverage Limited has taken another step towards environmental protection with the installation of its second Ocean Strainer in Wanathamulla.

The British Council in Sri Lanka concluded a four-day capacity-building workshop series on 30 May, focused on strengthening quality assurance in transnational education (TNE).

The Drive Green Emission Testing Centers, operated by CleanCo Lanka (Pvt) Ltd organized a series of special programmes to mark this year’s World Environment Day, with activities taking place in various parts of the country.

The Rotary District 3220 (Sri Lanka & Maldives) ended its Rotary Year having conducted more than Rs.1 billion worth of community service projects throughout the island.

Allianz Insurance Lanka Ltd. recently conducted a Drug Prevention Awareness Programme at Dhammissara College, Nattandiya, reaching over 580 students with life-changing knowledge on making safer, healthier life choices.

As part of its Corporate Social Responsibility (CSR) initiative, the Compliance Department of People’s Bank made a contribution to the National Cancer Institute, Maharagama (Apeksha Hospital), by donating essential cancer medication.

Ceylon Tea production rose 2.9 percent year-on-year (YoY) in May 2025 to 25.37 million kilogrammes, up from 24.65 million kilogrammes a year earlier, the official data showed.

Expanding access to affordable and quality childcare could be Sri Lanka’s next big move toward creating more and better jobs.

The Colombo Stock Exchange (CSE) closed on a positive note today, marking a recovery after several consecutive sessions of decline. Both the All Share Price Index (ASPI) and the S&P SL20 recorded gains, reflecting renewed investor activity.

DFCC Bank PLC has entered into a partnership with the Ceylon Chamber of Commerce (CCC), to formally integrate the CCC-led macroeconomic and sectoral intelligence into its service model.

Listed companies posted 57.4 percent year-on-year increase in earnings for the March 2025 quarter, marking the sixth consecutive quarter of growth. This is as banking and consumer-led sectors

The insurance industry can serve as a powerful engine for Sri Lanka’s economic revival and stability, lessening the heavy reliance on taxation for funding national development, according to Willis Towers

Public banks must transform from mere financiers into strategic, outcome-oriented partners to drive the mission-led innovation needed for economic transformation, according to a top economist.

The Colombo Stock Exchange (CSE) has appointed Dimuthu Abeyesekera as Chairman of its board of directors, the bourse said yesterday.

Global investment firm Blackstone has acquired the unsold inventory of the Altair luxury residential project and South City Mall in Kolkata from South City Projects for INR 3,250 crore. It is the largest real estate

Lankem Ceylon said its board has approved a rights issue of 17.16 million ordinary shares at Rs.70 per share.

The secondary market remained largely subdued yesterday, reflecting the persistent cloud of geopolitical uncertainty. Still, amid the low volumes and restrained activity, a hint of selling managed to break through

The ASPI closed in red as a result of price losses in counters such as LOLC Holdings, John Keells Holdings and Ceylon Tobacco Company with the turnover crossing Rs. 3.3 bn.

Maxtherm Lanka (Pvt.) Ltd, a leader in sustainable thermal energy solutions, has successfully helped Sri Lanka retain over US $ 600 million in foreign exchange (FX) by significantly reducing the country’s

Delmege hosted an event recently at Shangri-La Hotel, Colombo, to mark a significant milestone in its partnership with globally renowned energy brand Shell.

Sunshine Consumer Lanka was honoured by the Sri Lanka Institute of Marketing (SLIM) as Marketing Company of the Year – Sri Lanka, earning the opportunity to represent the nation at the prestigious Asia

The Women’s International Foundation (WIF) announced its official recognition and induction into the UNFPA Equity 2030 Alliance, becoming one of the first organisations from Sri Lanka to join this global

The Tile and Sanitaryware Importers Association (TSIA) has responded with its opinion to the Mirror Business article under the heading ‘Rocell decries unfair competition as imports rise’, published on June

The Sri Lanka Export Development Board, in collaboration with the Sri Lanka Consulate General in the United Arab Emirates (UAE), organised a country pavilion at Middle East Rubber and Tyre Expo 2025, in

Premier homegrown finance company Siyapatha Finance PLC recently marked its 20th anniversary, auspiciously commencing the celebration with religious observances on May 16, at the head office,