Sri Lanka has significant opportunities to collaborate with the United States in the fields of biotechnology and energy, according to a US policy expert.

With Sri Lanka experiencing a rise in tourist arrivals compared to last year, industry leaders are calling for the urgent rollout of global promotional campaigns to sustain the momentum in order to achieve the government’s sector targets for the ye

Ceylon Electricity Board (CEB), the state-owned utility provider, managed to report a profit for the three months ending in December 2024 despite revenues decreasing sharply after it cut tariffs twice. But the sharp fall in the finance cost helped th

REUTERS - President Donald Trump’s administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, sources familiar with the matter tol

Fitch Ratings has assigned Vidullanka PLC’s (A+(lka)/Stable) proposed listed secured sukuk issuance of Rs. 500 million an expected National Long-Term Rating of ‘A+(lka)(EXP)’.

As the effective implementation of the National Budget has been a key concern for many years, to enhance the feasibility of budget proposals and extend the discussion beyond just the month following a budget speech, the Ceylon Chamber is launching a

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, Melstacorp and Hatton National Bank with the turnover crossing Rs. 2.3 bn.

The secondary market witnessed mixed activities during yesterday with the yield curve broadly remaining unchanged. Thus, several trades were observed on the 2027, 2028, 2029, 2030, 2031 and 2033 tenures, with 2027 maturities trading between 9.20%-9.

In order to reform the organic agriculture laws in Sri Lanka to unlock the export potential, the National Organic Control Unit (NOCU), which operates under the Sri Lanka Export Development Board (EDB), in collaboration with the International Trade Ce

Commercial Bank of Ceylon has been recognised as the Best SME Bank in Sri Lanka in 2025 by Global Finance, honouring the bank with this title on the international stage for the third consecutive year.

NDB Wealth, being the largest private sector asset manager, renowned for its bespoke financial solutions tailored to individual investment needs, with over 350 billion assets under management, has launched Xapp, a digital investment platform designed

LankaPay – Sri Lanka’s national payment network, announced the seventh edition of its signature event - LankaPay Technnovation Awards 2025, Sri Lanka’s first and the only payment technology innovation awards, at a press conference held on March

As the world unites to celebrate International Women’s Day 2025, Shangri-La Hambantota embraces this year’s theme ‘Accelerate Action’ by strengthening its commitment to women’s empowerment, leadership and inclusivity. With 20 percent of it

The British High Commission and Sri Lanka Tourism Development Authority (SLTDA) introduced a counter-terrorism awareness eLearning platform, aimed at enhancing security awareness and resilience within Sri Lanka’s tourism industry.

Sri Lanka’s premier apparel solutions provider Brandix continued its commitment to support learning and development amongst future generations, distributing school essentials for the entirety of this year to 10,559 children.

Seven Media Group (Pvt.) Ltd, one of Sri Lanka’s leading full-service agencies, announced the appointment of Nathasha Martyn as its new Chief Executive Officer (CEO).

JAT Holdings PLC has recorded a stellar performance for 3Q of FY 2024/25, crossing the Rs.1 billion mark in profit after tax (PAT) for the first nine months of the financial year.

Pan Asia Bank announced its partnership as the official banking partner for the historic 146th Cricket Encounter between S. Thomas’ College and Royal College.

Sri Lanka Insurance Corporation General Ltd (SLICGL) hosted the Sri Lanka Insurance General Star Awards recently, at Shangri-La Colombo, celebrating the outstanding achievements of its top-performing sales professionals.

WSO2, the leader in digital transformation technology, announced a free six-month training programme in Linux system administration and DevOps engineering, as part of its corporate social responsibility initiative.

The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.

The fear of taxation may be contributing to the recent increase in cash circulation, highlighting Sri Lanka’s long journey towards a less cash-dependent society.

Fitch Ratings has assigned Sampath Bank PLC’s (AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of Rs.10 billion a final National Long-Term Rating of ‘A(lka)’.

Union Bank of Colombo PLC delivered strong financial results for the three months ending December 2024, driven by robust core banking operations and a modest reversal of loan provisions.

MAS Holdings, South Asia’s largest apparel manufacturer, is expanding its regional footprint with its first production facility in India’s Odisha state, with the aim of capitalising on the neighbouring giant’s booming retail market.

Colombo’s real estate market is set for a new addition, as One 2 One Ltd has signed a US $ 9.08 million agreement with the Board of Investment (BOI) to develop a high-end residential project in Sri Lanka’s commercial capital.

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Bukit Darah and Hayleys with the turnover crossing Rs. 5.1 Bn. A similar behaviour was witnessed in the S&P SL20.

In yesterday’s weekly T-bill auction, the weighted average yield rates experienced a slight further decline.

Cargills Bank’s results for the year ended 31 December 2024 reflected a YoY increase of 48 percent in profitability.