LOLC Holdings PLC has achieved a key milestone by securing a place in the FTSE Frontier 50 Index, effective from March 24, 2025.

Sri Lanka’s banks marked an exceptional year in 2024, primarily driven by the impairment reversals on the Sri Lanka International Sovereign Bonds (SLISBs), despite also incurring the net losses from the restructuring of the SLISBs, according to Sof

Indices closed in green as a result of price gains in counters such as Commercial Bank, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 2.4 Bn.

Yesterday’s bond auction notched with the weighted average yields being steady as the Central Bank raised Rs.210.0 billion, achieving full acceptance across all the maturities offered.

Acentura Inc., in collaboration with RELEX Solutions, hosted “Smart Threads: Transforming Production Planning, Operational Efficiency, Sustainability, and Supply Chain Excellence” discussion on 27 February, at Amari Colombo.

CEMS-Global USA announced the 14th Sri Lankan edition of its globally renowned Textile Series of Exhibitions, scheduled to take place from 13–15 March at SLECC, Colombo 10.

Hello Builders (Pvt) Ltd., has achieved a significant milestone with the receipt of the ISO 9001 Certification from UKAS (United Kingdom Accreditation Service) and Bureau Veritas.

Siyapatha Finance PLC’s National Long-Term Rating was recently upgraded to ‘A(lka)’ from ‘BBB+(lka)’ by Fitch Ratings, reflecting a positive evaluation of the institute’s robust financial profile, creditworthiness and firm linkage maintai

CFA Society Sri Lanka announced Team A from the University of Kelaniya as the winners of the 18th edition of the CFA Institute Research Challenge Sri Lanka.

George Steuart & Co., Sri Lanka’s oldest mercantile establishment, has become a strategic partner of the Commonwealth Enterprise and Investment Council (CWEIC).

CrossBorder Payments (Pvt) Ltd which operates under the brand name Marx, is a leading force in Sri Lanka’s fintech landscape, celebrates a path of creativity, resiliency, and revolutionary influence as it marks its fifth anniversary.

SriLankan Aviation College, the training arm of SriLankan Airlines, has trailblazed its way to becoming an IATA Authorized Training Center (ATC) Top Performer for 2024– an honour reserved for only the most outstanding IATA (International Air Transp

Bairaha Farms PLC adopted an ambulance through the 1990 Suwa Seriya Foundation’s ‘Adopt an Ambulance’ programme, to enhance access to emergency healthcare services across the island.

Keshara Lime Industries Pvt. Ltd. has been awarded the Best National Industry Brand in the Large-Scale Mineral and Mining Allied Industry category at the National Industry Brand Excellence 2024.

Seylan Bank recently facilitated the repair and refurbishment of an ambulance under the 1990 Suwa Seriya Foundation’s ‘Adopt an Ambulance’ initiative.

The Mall at Port City Colombo, in partnership with CAN Market, hosted a vibrant three-day celebration in honour of International Women’s Day 2025.

Sitrek Technologies announced its appointment as the Authorized Reseller for Eagle Eye Networks, a global leader in cloud-based video surveillance solutions.

The Women’s Chamber of Industry and Commerce (WCIC), has issued a strong condemnation of the recent sexual assault on a female doctor at Anuradhapura Teaching Hospital.

Standard Chartered Bank yesterday expressed optimism about Sri Lanka’s economic outlook, highlighting renewed confidence among portfolio investors.

President Anura Kumara Dissanayake reaffirmed that the government would not reintroduce import controls on vehicles, noting that US$ 150 million worth of Letters of Credit (LCs) have been opened since the liberalisation of vehicle imports.

The Central Bank has continued its foreign currency buying spree for the fourth consecutive year running, as they ended up being the net absorber of foreign currency in February 2025, extending from January.

Colombo Additional Magistrate Tharanga Mahawatta has instructed the Department of Inland Revenue to obtain the Attorney General’s opinion on recovering over Rs. 50 million in alleged unpaid taxes from Golden Key Private Limited.

Sri Lanka’s ex-Central Bank Chief and senior economist this week urged policymakers to maintain a strong focus on structural reforms to sustain the current macroeconomic framework. This, he said, is essential to avoid another bout of instability th

In yesterday’s weekly T-Bill auction, the weighted average yield rates remained broadly unchanged compared to previous week’s auction with only the 3M T-Bill declining by 1bps.

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Senkadagala Finance and LOLC Holdings with the turnover crossing Rs. 2.4 bn.

Brandix Apparel has been recognised as the Overall Best Performer for the third consecutive year by global fashion giant PVH for its exports to the USA and Canada from Sri Lanka.

The Chamber of Lankan Entrepreneurs (COYLE) marked a significant milestone with its Annual General Meeting (AGM) held on March 10, 2025, at Shangri-La Hotel, Colombo.

SDB bank, the only private development bank in Sri Lanka, has demonstrated remarkable resilience and financial strength at the end of 2024 financial year, achieving a profit after tax of Rs.410 million.

Union Assurance emerged as the Best Life Insurance Company in Sri Lanka at the fifth Emerging Asia Insurance Conclave and Awards 2024.