AIA Insurance marks its fifth year of being recognised as the Best Life Insurance Company in Sri Lanka. Awarded by the internationally renowned Capital Finance International (CFI) and Global Banking and Finance Review (GBFR), these supreme achieveme

Koko, Sri Lanka’s pioneering buy now, pay later (BNPL) provider, has entered into a strategic partnership with JustPay by LankaPay, the country’s leading payment gateway, to make digital lending more accessible for Sri Lankans.

The Association of Chartered Certified Accountants (ACCA) Sri Lanka has awarded Vidullanka PLC the coveted Approved Employer Certification, a testament to the company’s unwavering commitment to excellence in professional development.

Sri Lanka’s shift towards sustainable mobility is accelerating, driven by Evolution Auto, a pioneer in the electric vehicle (EV) space.

Radisson Hotel Colombo announced its certification in Hotel Sustainability Basics, a globally recognised framework that defines 12 key sustainability actions essential for modern hotel operations.

Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody’s Ratings said on Tuesday, a day after the island nation unveiled its budget.

The government has allocated Rs.3 billion for its digital transformation strategies this year, as part of its efforts to generate US $ 15 billion in revenue through the digital economy by 2030.

Sri Lanka yesterday introduced a national budget aimed at balancing fiscal discipline with economic revival, while addressing the gap between the struggling households and long-term growth ambitions.

Efforts will be rolled out to actively encourage the appropriate state entities to raise funds from capital markets.

Sri Lanka is setting the stage for faster and inclusive tourism growth, as it is shifting its focus from mere arrival numbers to maximising visitor spending and experience.

Kicking off the banking sector earnings for the December 2024 quarter, Pan Asia Banking Corporation PLC (PABC) reported some robust performance for the quarter,

The government is allocating Rs.2.5 billion to address the severe congestion at the Port of Colombo and towards the digitalisation efforts in the logistics sector.

The government is planning to call Expressions of Interest (EOIs) from the prospective investors to develop the proposed West Container Terminal Two (WCT-II) and Colombo North Port, within a month.

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Melstacorp and National Development Bank with the turnover crossing Rs. 5.4 Bn.

The secondary market yield curve remained broadly unchanged while the market participants were cautious on the inaugural budget speech of the new government.

The country went through its deepest and most complex socio, economic and political crisis in 2022 since independence.

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 59.0 in January 2025, indicating a further expansion in manufacturing activities, the Central Bank said yesterday.

President Anura Kumara Dissanayake announced that the employers are in agreement to increase the monthly minimum wage of the private sector workers to Rs.30,000 by 2026.

Fonterra Brands Lanka strengthened its commitment to Sri Lanka’s dairy sector with the opening of a new milk collection and chilling centre (MCC) in Hanwella.

The government yesterday announced plans to establish an industrial estate dedicated to manufacturing automobile components and rubber products,

As attempts to divest the state ownership and attract private investments have been unsuccessful, national carrier SriLankan Airlines is slated to receive Rs.20 billion to repay the old debts.

Alliance Finance Company PLC, in a stock exchange filing, announced that its redeemable green bond issue has been oversubscribed.

Serendib Flour Mills, together with Prima, the leading flour manufacturers in Sri Lanka, have collaborated with the Trade Ministry to support the government’s cost of living reduction initiatives.

The government has allocated Rs. 3,000 million for digital development as part of its strategy to achieve its ambitious goal of generating US$ 15 billion through the digital economy by 2030.

The Government is proposing to lease underutilized state-owned land to SMEs for productive economic activities under the budget 2025.

The budget 2025 has allocated Rs. 20 billion for national carrier SriLankan Airlines, for the repayment of the principal and interest of its loan.

President Anura Kumara Dissanayake announced plans to establish a state-owned development Bank under 2025 budget proposals to support the country’s small and medium-scale enterprises (SMEs).

The Budget 2025 allocates Rs. 15 billion for higher interest rates to senior citizens.

President Dissayanake, in his budget speech today announced that the government expects to achieve an export revenue of US$19 billion in 2025.

Sri Lanka is aiming for an economic growth of 5 percent in the medium terms President Anura Kumara Dissanayake said presenting the Budget 2025.