In yesterday’s weekly T-Bill auction, the weighted average yield rates experienced a slight further decline. The weighted average yield rates for the 3M, 6M, and 12M T-Bills stood at 7.57%, 7.87%, and 8.35%, respectively, reflecting auction yield d

CBL Group has entered the Kenyan market by establishing a distribution hub as part of its strategic move to strengthen exports and establish a foothold in East Africa. This expansion aligns with the company’s long-term growth strategy to extend its

The Employers’ Symposium 2025 organized by the Employers’ Federation of Ceylon (EFC) which is a much looked forward to event among the EFC’s member-companies and other business stakeholders, will take place on February 28 at the Monarch Imperia

Radisson Hotel Kandy announced that it has been recognized with the Agoda Gold Circle Award 2024, an accolade that celebrates top-performing hotels committed to excellence in service, guest satisfaction, and industry best practices.

The Center for Poverty Analysis (CEPA) is set to host a high-level symposium on February 27th at the Hilton, Colombo, to present key findings from its comprehensive 5000-household poverty study conducted in 2023. The study, partially funded by the A

Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC, is expanding its footprint in the Video Surveillance and Video Analytics domain through strategic collaborations with leading technology partners, along with many other renowned

The Computer Society of Sri Lanka (CSSL) has reaffirmed its commitment to digital excellence with the unveiling of the CSSL National CIO List 2024, an initiative recognizing the nation’s top Chief Information Officers (CIOs) for their outstanding c

Sri Lanka’s 2025 Budget unveiled by President Anura Kumara Dissanayake in Parliament on 17 February, was an eagerly awaited development, as it set the tone for the country’s current economic trajectory under the new government.

Sri Lankan tech startups and scale-ups gathered at the EDB on 20th February for an insightful and empowering awareness session organized by the Export Services Division (EDB).

Serendib Flour Mills, Sri Lanka’s leader in wheat flour manufacturing, participated in the globally renowned Gulfood 2025 exhibition in Dubai, the world’s largest annual food and hospitality showcase, accompanied by their valued customers.

Sri Lanka’s top tech industry veterans asserted the critical need for the start-ups to lead with artificial intelligence (AI) in their messaging, regardless of their business model, to stay competitive and align with the global and regional leaders

Sri Lanka is on track for another record-breaking month in tourist arrivals this February, with arrivals in the first 20 days surpassing 175,000.

Access Logistics Park Ekala (Pvt.) Ltd, a wholly-owned subsidiary of Sri Lanka’s Access Engineering PLC, has signed a power purchase agreement with state-run Ceylon Electricity Board, for a 9.08-megawatt (MW) solar photovoltaic installation.

SriLankan Airlines reported a pre-tax loss of Rs.1.96 billion for the seven months ended October 2024, reversing a profit of Rs.4.13 billion in the same period last year, the Finance Ministry said.

Hatton National Bank PLC (HNB) reported blowout profits for the October-December quarter, stemming mainly from the mammoth reversal of provisions made against the bank’s investments in International Sovereign Bonds (ISBs) and also the fast-improvin

Hatton National Bank PLC (HNB) was named as Sri Lanka’s Best Retail Bank for the 15th time, at TAB Global Excellence in Retail Financial Services Awards 2025, held in Tokyo, Japan.

Indices closed in red as a result of price losses in counters such as Hatton National Bank, National Development Bank and Commercial Bank with the turnover crossing Rs. 2.1 Bn.

The secondary market yield curve commenced the week with limited activity and thin trading volumes.

Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector has announced the launch of a mentorship programme designed to equip university undergraduates with the sk

AIKO, a Bloomberg NEF Tier 1 solar module manufacturer, has launched its World’s No. 1 Efficiency N-TYPE ABC Modules in Sri Lanka,

Sampath Bank reaffirmed its commitment to advancing digital financial inclusion in Sri Lanka by actively participating in the Digital Payments Promotion Campaign 2025,

This February, being the Valentine’s month, AIA Insurance is offering a unique opportunity to express love and care beyond the ordinary.

Laundry brand Diva from Hemas Consumer Brands, was recognised at the Effie Awards 2024 with the Bronze Award in the Home Supplies and Services category,

NDB Wealth Management has partnered with Colombo Fashion Week 2025 (CFW), bringing together two industries that thrive on shared values including vision, precision, and innovation.

LOLC’s Insurance arm has once again demonstrated its industry leadership by securing five accolades at the 5th Emerging Asia Insurance Awards, held in Bangkok.

The International Institute of Health Sciences (IIHS) marked a historic milestone with the launch of its Business School, a visionary initiative under the leadership of Dr. Kithsiri Edirisinghe.

UM worldwide is making their presence known in the Sri Lankan market through their affiliation with The Insight Hive (Pvt) Ltd, headed by Marcom Specialist Peter Solomon.

Bally’s Casino Colombo has been recognised as the ‘Most Popular Casino of the Year’ at the Global Icon Awards 2025 – Sri Lankan Chapter.

American Plastics (Pvt) Ltd won the award for being the People’s Pinnacle Best Plastic Household Manufacturing and Distribution Company for the Year 2024 from Sri Lanka at a ceremony held at the Taj Lanka Hotel in Colombo.

Nexus Communications has rapidly emerged as a key player in Sri Lanka’s smart devices and lifestyle products sector.