HNB Finance PLC (HNBF) successfully completed its rights issue with both its voting and nonvoting share issues being oversubscribed. The board of directors of HNBF resolved on January 3, 2025, to issue

Hayleys Plantations marked a significant milestone with the ceremonial opening of the new Kiruwanaganga Tea Factory.

Running through March and April, DFCC Bank’s Avurudu campaign offers exceptional value to both credit and debit cardholders through substantial discounts, flexible payment plans and attractive cashback

Commercial Bank of Ceylon has entered into a strategic partnership with Micro Cars Limited to offer attractive leasing options for the complete range of vehicles assembled or produced locally by the latter.

NDB Bank partnered with the Association of Professional Bankers (APB) Sri Lanka for its 35th Anniversary Convention, held recently at Cinnamon Life – Waterfront in Colombo.

Standard Chartered Sri Lanka has partnered with ITC Ratnadipa on its Club ITC Culinaire Sri Lanka Membership Programme, offering an exclusive package designed specifically for the bank’s Priority

HNB Assurance PLC (HNBA) delivered another year of outstanding financial performance, securing a 7.5 percent market share and moving a step closer to achieving its ambitious target of 10 percent market

Sri Lanka’s cyber-security and legal communities this week warned the public against sharing hacked information, asserting that such acts are illegal and carry serious consequences under the country’s

SLT-Mobitel was recognized as the country’s fastest 4G network by Ookla for 2024, the global leader in internet testing and analysis.

The Business World International Conference and Awards Ceremony organised by Business World International Organisation INC-USA, the event which is recognized as an important Business Award

The Commercial Bank of Ceylon has transformed its iconic ‘Foreign Branch’ into the ‘Corporate Branch,’ reaffirming its commitment to delivering dedicated, comprehensive financial solutions to corporate and

In celebration of the Sinhala and Tamil New Year, Cargills Food City brought festive joy to its customers with the ‘Aluth Irai Avuruddai’ festival—a two-day celebration held on the 4th, 5th, 7th, 8th and 9th of April

People’s Bank recently relocated its Kayts Branch and Palaly Service Centre to new premises, further strengthening its service offerings in the region.

Tree House International, located in Dehiwala, has been recognised as the Most Evidence-Based Special Needs School of the Year at BWIO Awards. The only international school in Sri Lanka dedicated

Lina Manufacturing Limited, the pharmaceutical manufacturing arm of Sunshine Holdings PLC, unveiled its new brand identity – a powerful logo that reflects the company’s evolution, vision, and commitment to

The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88 points to close at 15,580.83, reflecting a 4.74 percentage increase.

The cost of preparing a traditional kevili or sweetmeats table for the Sinhala and Tamil New Year has increased by 7% in 2025 compared to 2024, and is now more than twice as high as it was in 2019, according to a report by Verité Research.

The All Share Price Index (ASPI) jumped by 805.42 points (5.41 percent) in the first ten minutes of trading, fueled by strong buying interest in banking sector stocks. John Keells Holdings PLC (JKH.N) also contributed to the rally, posting a turnover

Sri Lanka’s recovery is expected to continue at a moderate growth of 3.9 percent in 2025 and 3.4 percent in 2026, following a strong rebound in 2024, the Asian Development Bank (ADB) said in its Asian Development Outlook report released yesterday.

The Asian Development Bank (ADB) announced plans to gradually shift its focus in Sri Lanka from budget support to investment projects, as the country shows signs of economic recovery.

As the developing Asian economies are among the hardest hit with the US tariff that went into effect this week, the Asian Development Bank (ADB) noted that for the Sri Lankan exporters, one of the key issues, among others, would be the erosion of cos

Sri Lanka will launch its long-awaited global tourism promotion campaign by the end of this month, marking a strategic shift from traditional tourism marketing to a comprehensive nation branding initiative that highlights the country’s diverse econ

Cinnamon Life announced Sanjiv Hulugalle as Chief Executive Officer and General Manager of Cinnamon Life at City of Dreams Sri Lanka.

The small and medium enterprises (SMEs) in the country received a further reprieve on the execution of the so-called parate law execution, as the government decided to provide further relief on the borrowers, who have been affected by the repeated cr

Dhammika Perera-controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO), through a series of transactions worth over Rs.1.04 billion, according to a disclosure filed with the Colombo Stock Exchange. On Ap

Indices closed in red as a result of price losses in counters such as Hayleys, Sampath Bank and John Keells Holdings with the turnover crossing Rs. 3.0 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Hat

Ahead of today’s T-bond auction, the secondary market saw some selling pressure in the morning hours. The 2028 maturities traded between 10.30 percent - 10.65 percent, while the 2029 and 2031 maturities were traded at 11.00 percent and 11.25 perce

Verdant Capital has announced that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of US$ 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”).

The CFA Society Sri Lanka has announced that its signature event, the annual CFA Society Sri Lanka Capital Market Awards, now in its 12th year, is scheduled to be held on June 24 June at ‘Cinnamon Life at City of Dreams’. With a firm purpose of r

The Market Research Society of Sri Lanka (MRSSL) recently held its 12th Annual General Meeting, where Suthaharan Perampalam was elected as the President for 2025.