Sri Lanka’s confectionery industry is experiencing some sweet growth as it on an upward trajectory this year, supported by improving economic sentiment, consecutive festive seasons, and a forecasted increase in consumer spending following the salar

Money sent home by Sri Lankans working abroad extended its growth through February, indicating that those who left their home country in droves in the last couple years are now sending the dollars back home and via official banking channels as oppose

Credit to the private sector fell into a brief negative in January 2025, in a matter of seasonality and not something to do with the broader trend which has pointed to some robust growth seen through December 2024 and even beyond.

Marking a decade of collaboration, the International Finance Corporation (IFC) – a member of the World Bank Group – partnered with the Colombo Stock Exchange (CSE) and global partners to ring the opening bell, reaffirming their commitment to adva

In the heart of Sri Lanka’s bustling apparel sector, where fabrics are woven into garments that travel the world, a quieter revolution is taking place.

After winning SAARC Awards and Commonwealth Business Excellence Awards last August in Johannesburg, Sri Lanka’s pioneering inventor Rohan De Lanerolle,

BoardPAC, a global leader in board management solutions, has been awarded the Carbon Neutral Certification for the third consecutive year, reinforcing its unwavering commitment to environmental sustainability.

John Keells Properties and Indra Traders hosted an event recently to mark the successful completion of TRI-ZEN, the largest residential development in the heart of Colombo.

The Women’s Chamber of Industry and Commerce (WCIC), in collaboration with the Colombo Stock Exchange (CSE), recently rang the bell in celebration of the WCIC’s 40th anniversary, marking a significant milestone in its journey of empowering women

NDB Bank, in partnership with NewsFirst, announced the launch of the fifth season of the Sri Lanka Vanithabhimana Awards, the country’s premier initiative dedicated to recognising and empowering Sri Lankan women.

First Capital Holdings PLC has reported a total comprehensive income of Rs.4.53 billion for the nine months ended December 31, 2024, demonstrating its ability to capitalise on market opportunities and drive sustained growth.

The Hayleys group once again honoured the outstanding achievements of its teams across its 16 business sectors at its annual Chairman’s Awards held recently.

Delmege Forsyth Energy (Pvt.) Ltd, a subsidiary of Delmege Ltd, announced its appointment as the sole official macro distributor of Shell lubricants in Sri Lanka, effective December 2024.

Samsonlines, the logistics arm of DSI Samson Group, has marked a significant milestone in its growth trajectory, completing its 500th shipment.

DFCC Aloka, DFCC Bank’s flagship women’s banking proposition, in collaboration with Uber Sri Lanka, has launched a transformative initiative to unlock greater financial opportunities for female entrepreneurs.

Japan yesterday became the first bilateral creditor among the Official Creditor Committee (OCC) to restructure Sri Lanka’s bilateral external debt worth US $ 2.5 billion and unlocking doors to new projects.

The Sri Lankan foreign exchange (FX) market has successfully implemented an FX matching platform, to foster a deeper FX market, the Central Bank announced yesterday. The platform,

The Central Bank of Sri Lanka (CBSL) has advised the public to remain vigilant against fraudulent artificial intelligence (AI)-generated videos, misusing the image of the CBSL Governor to deceive individuals online.

In a significant milestone for Sri Lanka’s renewable energy sector, Hayleys Solar, the country’s leading solar solutions provider, has successfully completed a groundbreaking solar energy project for the branch office of Jehovah’s Witnesses in

Amana Bank PLC, Sri Lanka’s pioneering fully-fledged non-interest-based Islamic banking institution, having Islamic Development Bank Group as the principal shareholder, has been awarded a BBB+ rating by Lanka Rating Agency Ltd, affirming the bank

Standard Chartered Sri Lanka hosted Jerry Zhang, Global Co-Head of Financial Institutions (FI) Coverage along with Regional Head of Financial Intuitions Prashant Shah, on a three-day visit to the country recently.

The Colombo Tea Auction offerings totalled 5.3 million kilogrammes (M/Kgs), marginally lower to 5.6 M/Kgs on offer the previous week.

The ASPI edged down as a result of price losses in counters such as Chevron Lubricants, Sampath Bank and LOLC Holdings with the turnover crossing Rs. 2.1 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participati

Market participants continued to show mixed sentiment, resulting in low volumes and limited activity.

In a landmark effort to protect Sri Lanka’s precious wildlife and ecosystems, Olu Tropical Water, in partnership with the Wilderness & Wildlife Conservation Trust (WWCT), has donated Rs.1 million to aid in the restoration of essential wildlife path

The Factory Outlet, popularly known as TFO, took to the stage to offer a unique shopping experience for all its shoppers in Welisara with a dazzling grand opening. On March 01st, TFO, one of Sri Lanka’s leading shopping destinations for affordable

The Annual General Meeting (AGM) of the Marketing Alumni Association (MAA) of the University of Sri Jayewardenepura (USJ) took place on February 22, at Marino Beach, Colombo. The event saw the participation of lecturers from the Department of Marketi

The Austin House Aesthetic Centre, the brainchild of Shirantha Peries , founder of the Mega Pharma group of companies opened to a full house with the fashion conscious and discerning elite availing themselves of the extensive services provided.

McLarens Maritime Academy (MMA), hosted its Convocation 2024 at BMICH recently.

The new Range Rover, unveiled in Sri Lanka just weeks ago, has already seen 135 units prebooked. The first shipment of this luxury SUV, offering greater refinement and personalisation than ever before, is set to arrive in the island nation in June.