Premier blue-chip, John Keells Holdings PLC yesterday affirmed that the public holding percentage of the company as of 24 January 2025 is 74.93 percent.

The government has reaffirmed its support to uplift apparel sector workforce by pledging to collaborate with industry leaders and align vocational training programmes with evolving needs.

The post-election bull-run in equities last year was estimated to have given an outsize boost to the value of the equities component of Employees Provident Fund (EPF) portfolio, lifting the total fund value which is disproportionately dominated by th

The ASPI closed in green as a result of price gains in counters such as Browns Investments, Richard Pieris & Company and Hatton National Bank with the turnover crossing Rs. 6.3 bn.

The secondary market yield curve experienced mixed traded activity and moderate trading volumes ahead of the 1st Monetary Policy Decision of the year.

Cabinet approval has been granted to sign a Memorandum of Understanding between Sri Lanka and Italy on the establishment of a political consultancy mechanism, Cabinet Spokesman Nalinda Jayatissa said yesterday. The Minister said the MoU was signed be

Halo Holidays has been honoured with the Gold Award by the British Travel Awards (BTA 2024) as the Best Travel Company for Southeast Asia.

In a revolutionary move to enhance the technological landscape of Sri Lanka, Damro has proudly unveiled its first ever AI-powered smart zone in partnership with Samsung.

Seylan Bank PLC’s National Long-Term Rating has been upgraded by two notches to ‘A+(lka)’ from ‘A-(lka)’, with a Stable outlook by Fitch Ratings recently.

Senfin Asset Management has recently renewed its partnership with CFA Society Sri Lanka as a Silver Partner for the fourth consecutive year.

LOLC Technologies Limited has entered into a collaborative agreement with Microsoft to integrate Azure cloud services into “FusionX”, its core banking platform designed to meet evolving customer needs. This move aims to upscale their operational

Prime Residencies PLC has announced the launch of J’Adore Negombo located on Hotel Road, presenting a new chapter for premium beachfront serviced apartments,which is set to redefine luxury living along Sri Lanka’s golden coast. Hotel Road, Negomb

Reiterating its technological leadership in mobile technology, SLT-Mobitel trialed 5G-Advanced (5G-A) for the first time in Sri Lanka, marking a historic moment by showcasing the next generation technology in Sri Lanka. The demonstration held on Jan

PMF Finance PLC has further strengthened its financial foundation through a significant partnership with Pan Asia Bank.

NDB Bank successfully hosted the Exporter’s Forum on the 24 January at the Ramrich Hotel, Ja-Ela, bringing together key stakeholders and industry leaders to discuss strategies and opportunities for advancing Sri Lanka’s export sector.

Conceptus (Pvt) Ltd won the award for the Best Event Management Company 2024 at the People’s Pinnacle Sri Lanka Awards held at the Taj Samudra recently.

Bileeta (Pvt) Ltd, a leader in ERP solutions, has entered into a Memorandum of Understanding (MOU) with the Centre for Women’s Research (CENWOR) to introduce user-friendly ERP solutions tailored for small and medium-sized enterprises (SMEs) in rura

Centrum Marine Consultancy (Pvt) Ltd., recently launched the ‘She Can Sail the Seas’ initiative, a transformative programme aimed at creating new opportunities for women in Sri Lanka’s maritime industry. This innovative endeavor seeks to disman

Regen Renewables (Pvt) Ltd., announced the signing of a landmark contract with J J Mills Group to commission state-of-the-art Solar Photovoltaic (PV) Systems across their facilities.

People’s Bank presented prizes to the three grand prize winners of the People’s Debit Card Wethin Gedaratama Thagi” draw recently.

Despite the current stretch of deflation offers some space for the Central Bank to follow through another rate cut at its upcoming meeting this week, there is a bigger chance for the rate setting committee to stay the monetary policy at the current l

Sri Lanka’s export fraternity must intensify efforts to diversify its markets and product basket as President Anura Kumara Dissanayake has directed the industries and officials to work towards achieving an ambitious export revenue target of US $ 36

Kandy-Myst, the newest addition of Cinnamon Hotels and Resorts, is all set to open doors in the coming weeks, a senior representative of the entity said.

Sri Lanka’s export sector ended 2024 on a positive note, with merchandise exports reaching US $ 12.7 billion, reflecting a 6.67 percent growth year-on-year (YoY).

Tax experts yesterday urged the government to provide further clarification regarding raising the Withholding Tax (WHT) from 5 percent to 10 percent.

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, returned to moderate profitability for the nine months ended December 31, 2024, its latest interim financial statement showed.

The red-circled private sector event, the Sri Lanka Economic Summit, will kick off today in Colombo, with President Anura Kumara Dissanayake inaugurating the event.

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Lanka IOC and Bukit Darah with the turnover crossing Rs. 5.9 Bn.

The secondary market yield curve witnessed a day of limited activity as dull sentiment persisted.

Janashakthi Life has achieved an outstanding Rs. 6.6 billion in Gross Written Premiums (GWP) for the year 2024, marking an exceptional 43 percent growth compared to the previous year.