The secondary market experienced a slight increase in rates amidst profit taking, leading to lower activity and moderate volumes in the secondary market. Meanwhile, the Central Bank announced a bond auction to be held on February 27, 2025, where the

Ceylinco Life has announced an allocation of Rs. 22.4 million to be paid out as scholarships to high achieving young Sri Lankans in 2025, continuing a flagship rewards programme the company launched more than two decades ago.

The British Council has announced the recipients of the 2024 Connections Through Culture (CTC) Grant Programme, with three Sri Lankan projects awarded grants for the first time since the programme’s inception.

KIST announced its partnership with the Scaling Up Nutrition People’s Forum (SUNPF) for Sri Lanka’s first-ever Fruit Festival, taking place on the 21st and 22nd of February 2025 at the Colombo Public Library premises, with free entry for all atte

Sun Match Company hailing from the hill capital Kandy that introduced to the Sri Lankan household the first wax coated safety matches with the brand ‘Soorya’ marked the twenty second death anniversary of its Founder, the Late T.R.R. Rajan by dona

Unique Industrial Solutions Pvt. Ltd., a supplier of safety equipment and environmental & industrial engineering solutions in Sri Lanka, was honoured with the Best Safety Solutions and Equipment Supplier of the Year (Under Safety category) and Best E

Spa Ceylon continues its commitment to caring for the well-being of communities by adopting the entire SOS Children’s Village in Galle.

Barista’s “Share a Meal” campaign has successfully raised Rs. 3,629,639.06 in 2024, continuing its mission to assist children in need at SOS Children’s Villages Sri Lanka. This marks the fifth consecutive year of the initiative, which has ex

Chatham Luxury - the exclusive representative of Chopard in Sri Lanka- held a private preview of the Swiss luxury brand’s newest watch and jewellery collections on January 23 at the Chatham Flagship Boutique at Galle Face Court; making it the first

Sunshine Foundation for Good (SFG), the CSR arm of Sunshine Holdings PLC, has once again demonstrated its commitment to education by distributing stationery gift vouchers to schoolchildren.

Assetline Finance Limited (AFL) has taken another step in its commitment to environmental sustainability and social welfare with a new initiative at Kaudulla National Park, contributing to biodiversity conservation and climate resilience while suppor

Thirty schools in Sri Lanka have received equipment for traffic and pedestrian management from CEAT Kelani Holdings, as the country’s leading tyre manufacturer concluded the 15th year of its road safety programme for school children.

President and Finance Minister Anura Kumara Dissanayake’s first budget marks a decisive step in our country’s economic journey. It demonstrates true consensus across governments over time on the fundamental principles of Sri Lanka’s economic po

Boutique public relations agency Nehemiah Consultants, celebrates its 10th anniversary this year.

SLASSCOM, Sri Lanka’s apex body for the IT/ BPO industry, announced the second edition of its flagship wellness initiative, Fit Hit, powered by Union Assurance.

Weligama Bay Marriott Resort & Spa has unveiled its Quan Spa Membership Programme recently with the participation of Melloney Dassanayake, the reigning Ms. Universe Sri Lanka. Dassanayake, now the official Face of Quan Spa for the next six months, a

The local Small and Medium Enterprise (SME) sector will need to step up its efforts to tap international markets, as the government aims to increase its contribution to Sri Lanka’s exports to 12-15 percent over the next 2-3 years.

The Port of Colombo began 2025 on a shaky start as transshipment container volumes declined amidst persistent congestion, marking a contrast to the robust growth experienced in the first and latter parts of 2024.

The government is optimistic about achieving its revenue targets under the tax reforms introduced in the 2024 Budget, provided the economy expands beyond projections set by the International Monetary Fund (IMF), Senior Economic Advisor to the Preside

National Development Bank PLC (NDB) yesterday announced a record-breaking profit for the financial year 2024, marking a significant milestone in the bank’s growth trajectory.

The Joint Apparel Association Forum (JAAF), while joining the bandwagon in welcoming Budget 2025, expressed serious concern over the potential impact of a premature removal of SVAT without a clear, well-tested alternative. The Forum was among those

A Fundamental Rights petition challenging Lyca Group’s indirect acquisition of the 11 plus media and broadcasting licenses, filed by social activist Jamuni Kamantha Thushara, was heard by the Supreme Court yesterday. The petitioner claims that the

Sri Lanka’s tea exports for January 2025 amounted to 19.37 million kilograms, reflecting a growth of 0.61 million kilograms compared to the same period in 2024 when exports totalled 18.76 million kilograms.

The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, Hatton National Bank and Melstacorp with the turnover crossing Rs. 2.9 bn.

DFCC Bank PLC reported some solid financial performance for the three months ended in December 2024 backed by strong lending book, impairments on loans which were only a fraction from a year ago and also some sizable amount of capital gains from the

Market participants in the secondary market continued their buying momentum for the third consecutive day, driven by strong foreign buying interest.

Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 annual report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartere

In a move set to transform the agricultural entrepreneurship landscape in Sri Lanka, the Sri Lanka Institute of Credit Management (SLICM) and Sri Lanka Agripreneurs Forum (SLAF) signed a memorandum of understanding (MoU) at the Vallibel Finance PLC a

Trident Corporation, a country’s renowned IT distributor has been appointed as MSI commercial distributor in Sri Lanka and the Maldives.

Xiaomi, the global technology leader, has officially launched the Redmi Note 14 series in Sri Lanka at a press conference held at Cinnamon Life Colombo.