Union Assurance announced a 12 percent Universal Life Dividend Rate for the financial year 2024.

Standard Chartered Sri Lanka hosted its annual awards ceremony, themed ‘Hall of Fame: Celebrating Excellence,’ at the Shangri-La Hotel Colombo on March 22, 2025. The event recognised and celebrated the exceptional

Spa Ceylon recently gained worldwide recognition for excellence in restorative skin wellness when its White Rice, and Bakuchiol ranges, dedicated to Well-Ageing skincare, received multiple accolades from the global beauty and wellness industry.

HNB PLC is set to redefine luxury homeownership with the launch of HNB Luxury Living 2025, an exclusive event designed to connect prospective homeowners and investors with Sri Lanka’s leading property developers and real estate experts. The event,

A trend must be created in the country to motivate people to pay their taxes, Deputy Minister of Labour and Economic Development A. Anil Jayanta Fernando said.

Softlogic Life Insurance PLC has agreed to buy all shares of Allianz Life Insurance Lanka Limited from Allianz SE, taking full ownership of the company.

Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.

While recording a 16.3% rise, foreign remittances sent through the banking system by Sri Lankan workers saw a significant increase by the end of February this year, the Sri Lanka Bureau of Foreign Employment (SLFEB) said.

Sri Lanka has emerged as one of the most sought-after international destinations for travellers in Oman this Eid season, according to Travel and Tour World (TTW).

The Monetary Policy Board decided to keep the Overnight Policy Rate (OPR) at 8.00 peecent at its meeting held yesterday.

Sri Lanka’s apparel exporters are expressing serious concerns that the impending abolition of the Simplified Value Added Tax (SVAT) system could lead to a significant downturn in their export earnings, potentially exceeding US$1 billion.

Tourist arrivals to Sri Lanka have increased 13 percent Year-on-Year (YoY) in the first 20 days of March, provisional data from Sri Lanka Tourism Development Authority (SLTDA) showed.

Over 400,000 LANKAQR merchants across Sri Lanka will be able to accept cross-border mobile payments from tourists and business travellers with Sri Lanka announcing the launch of Alipay+.

Orient Finance PLC for the nine months ended 31 December 2024 recorded a 161 percent increase in profit after tax, reaching Rs. 254.6 million compared to Rs. 97.6 million in the same period of the previous year.

The ASPI edged down as a result of price losses in counters such as Ceylinco Holdings, LOLC Holdings and Hatton National Bank with the turnover crossing Rs. 2.8 bn.

Pivoting from Monday’s mixed sentiment, market participants shifted towards a selling stance yesterday, generating moderate volumes and high market activity ahead of the CBSL’s monetary policy review, which is due today.

Singer Sri Lanka PLC unveiled the highly anticipated new line-up of Nubia smartphones, bringing a fusion of innovation and effortless style to Sri Lankan consumers.

CFA Society Sri Lanka honours a new generation of finance professionals, who have earned the prestigious CFA designation and those who have successfully completed the CFA Programme, at Charter Awards Ceremony 2025.

HNB PLC has formalised a data-sharing agreement with its group companies—HNB Assurance PLC, HNB General Insurance Ltd, HNB investment Bank and HNB Finance PLC.

Mastercard has launched a new Avurudu Spend and Win campaign, which is designed to offer the Mastercard cardholders the opportunity to win prizes worth Rs.6 million.

People’s Bank has awarded the grand prize of the People’s Remittance Vaasi Kotiyai 2024 draw to A.A. Harshanath Chinthaka from Matugama, who received a cash prize of Rs.2,000,000.

Russel’s Wellness recently launched an extensive range of wellness teas in five distinctive categories, aimed at offering a unique wellness experience to the world.

As new vehicles begin arriving in the country after a lapse of several years, Commercial Bank of Ceylon has announced it will support the aspirations of vehicle buyers with an attractive leasing package for a limited duration.

SLT-Mobitel Enterprise, in partnership with Red Hat, hosted a customer forum showcasing its enterprise-grade container platform Akaza Containers - Red Flavor, at Monarch Imperial recently.

Unilever Sri Lanka, one of the country’s largest FMCG companies, was once again recognised across multiple categories at SLIM-Kantar People’s Awards 2025.

Plexus Global (Pvt.) Ltd secured its second consecutive recognition as Top Distributor of the Year for 2024 in the Asian Emerging Countries region, at the HPE Aruba Networking FY25 SEATH Partner Kick-off held recently.

Millennium IT ESP Singapore, a subsidiary of MillenniumIT ESP and a leading provider of enterprise technology solutions, has been selected by Transnational Group Singapore as its trusted provider for managed security operations services.

Nilwala Tea Factory (Pvt.) Ltd bagged the Best Turnaround Brand – Medium Scale award at National Industry Brand Excellence Awards 2024, organised by the Industrial Development Board, under the Industries Ministry.

Intrepid Travel, the world’s largest adventure travel company, successfully hosted its largest and most impactful Global Summit event recently in Sri Lanka, bringing together 200 international team members, representing over 50 nationalities, along

The Inland Revenue Department (IRD) says the new proposed new risk-based refund system replacing current SVAT system is on track to go live from October onwards despite reservations from exporters.