LOLC Life Assurance has achieved a record-breaking milestone in 2024, surpassing Rs. 8 billion in Gross Written Premiums (GWP) and achieving the highest growth rate in the industry at 46 percent.

Seylan Bank’s young sales team continued its upward trend in excellence, distinguishing itself at the recently concluded Sri Lanka Institute of Marketing (SLIM) National Sales Awards (NSA) 2024 with six members receiving accolades

Oxfam, a global confederation of charitable organizations focused on alleviating poverty, reducing inequality, and advocating for social justice, has entered a strategic partnership with LOWCODEMINDS Sri Lanka,

INSEE Cement, Sri Lanka’s #1cement manufacturer and supplier honoured outstanding business partners at its annual Business Partner Awards 2025 at an event held at Cinnamon Life, City of Dreams recently.

At the invitation of the Royal Thai Embassy in Colombo, The Ceylon Chamber of Commerce, together with the Chamber’s Sri Lanka Greater Mekong Business Council,

SLT-Mobitel Innovation Day 2024 took place at the Embryo Innovation Center, Trace City, Maradana recently, showcasing a compelling lineup of groundbreaking ideas and transformative solutions developed by employees across the organization.

Raja Jewellers has been awarded as the Best National Industry Brand of the year 2024, positioning itself as the leader of the gem and jewellery industry in Sri Lanka.

AuroraRCM, an AI-enabled Financial Technology company in the healthcare space, has entered into a partnership with NSBM Green University, one of Sri Lanka’s biggest institutions for higher education, setting the stage for an ambitious vision of dev

Vegolicious, Sri Lanka’s first plant-based protein food brand, has introduced two exciting new products to the market—High Protein Multi Grain Noodles and High Protein Multi Grain Cookies.

Pussalla has once again solidified its position as a trendsetter in Sri Lanka’s agri-based industry by winning the prestigious Best National Industry Brand 2024 (large scale) award in the Agri-Based Industries category.

Durdans Hospital, the first hospital in Sri Lanka to implement an Electrophysiology (EP) system, has now upgraded to the advanced Abbott WorkMate Claris 2D from DIMO Healthcare, further enhancing the cardiac care treatments offered by the hospital

The International Monetary Fund (IMF) will closely monitor Sri Lanka’s fiscal and structural reforms ahead of the fourth review, following the successful completion of the third review under the Extended Fund Facility (EFF) programme.

In a significant step toward expanding renewable energy production, the government has set up plans to establish a 100 MW Solar Power Garden in the Uva province.

Sri Lanka’s national tea sales recorded a decline in February 2025, with the average price per kilogram dropping to Rs. 1,168.93 (US$ 3.96). This represents a Rs. 16.50 (US$ 0.07) decrease compared to the January 2025 average of Rs. 1,185.43 (US$ 4

People’s Bank for the year ended 31 December 2024 reported a total consolidated operating income of Rs. 145.1 billion and post-tax profit of Rs. 28.8 billion, reflecting a growth of 49.9 percent and 152.7 percent. This included the benefit stemming

The Ceylon Petroleum Corporation (CPC) is set to commence the development of 24 oil tanks at the Upper Tank Yard in Trincomalee, marking a continuation of a long running plan to develop the area as a regional energy and industrial hub.

Sri Lanka’s listed corporates wrapped up another quarter of blowout profits in the forgoing December quarter last year with the earnings rising by 19 percent from the same period in 2023, led by a jump in earnings from the banking sector.

Sri Lanka’s rubber market experienced a price decline in February, with a notable reduction in the quantity offered at the public auction, according to the latest report from Forbes and Walker Commodity Brokers.

The secondary market saw mixed interest yesterday, with 2028, 2029 and 2030 tenures observing slight buying interest whilst 2031 and 2032 tenures saw slight selling interest during the day.

The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, DFCC Bank and Hatton National Bank with the turnover crossing Rs. 2.3 bn.

Ceylinco Life has emphatically reaffirmed its continuing supremacy in Sri Lanka’s life insurance industry with a gross written premium income of Rs.37.14 billion and total income of Rs.65.54 billion in 2024, the company’s 21st year of unbroken ma

SriLankan Airlines will be introducing wireless in-flight entertainment on select narrow-body A320 aircraft, enabling passengers to seamlessly stream content on their own devices.

Grit Property Group, a globally recognised real estate firm with a strong presence in Australia, Dubai, Sri Lanka and now the United States, is unlocking new investment opportunities for Sri Lankan investors looking to expand into the US market.

The Chamber of Construction Industry of Sri Lanka (CCISL) is to host an insightful seminar/webinar on ‘Possible Green Energy Solutions to Lower Electricity Cost’.

Hatton National Bank (HNB) has set a new benchmark for excellence in the banking sector, securing seven prestigious awards at National Sales Awards (NSA) 2024.

AIA Insurance marks the first anniversary of its exclusive bancassurance partnership with Commercial Bank. Driven by a joint mission of ‘Protecting Sri Lankans Like Never Before’, this collaboration has rapidly delivered on its promise, achievin

The Institute of Environmental Professionals Sri Lanka (IEPSL) is gearing up for its much-anticipated Annual Technical Sessions under the theme ‘Empowering Environmental Professionals for a Sustainable Future’. The event focuses on the importance

The proposed additional tariffs on the US imports from Canada, China and Mexico went into effect early Tuesday morning (March 4), paving the way for a trade war between the US and major trade partners. In addition, the Presidential Memorandum on Reci

Cambridge University Press & Assessment has announced the appointment of Zahara Ansary as the new Country Head for Sri Lanka and the Maldives.

Sri Lanka kicked in to a fine start with the earnings from the tourism trade surpassing US $ 400 million, after more than five years,