The Colombo West International Terminal (CWIT) is scheduled to commence operations next month, with a 1.6 million 20-foot equivalent unit (TEU) capacity, while the Sri Lanka Ports Authority (SLPA)-managed East Container Terminal (ECT) is likely to go

HWIC Asia Fund, the largest shareholder of John Keels Holdings (JKH), has exercised its option to convert 98,125,000 debentures, with a face value of Rs.12.76 billion. On August 12, 2022, JHK issued 208,125,000 LKR-denominated unlisted debentures, wi

The Culture and Tourism Ministry of the People’s Republic of China, along with the Chinese Embassy in Sri Lanka, this week hosted Chinese Cultural Night. The event, which took place at the Colombo Port City Special Economic Zone, was organised by C

Bank of Ceylon’s (BOC) National Long-Term Rating has been upgraded to ‘AA-(lka)’, from ‘A(lka)’, by Fitch Ratings (Fitch) in its latest rating review. According to the latest announcement made by Fitch upgrading BOC’s national ratings,

Zoho Corporations, a global company specialising in business technology solutions, recently expressed its readiness to support Sri Lanka’s ambitious ‘Digital Sri Lanka’ transformation strategy for 2030.

The new government’s dedication towards a corruption-free public procurement has sent strong positive signals to foreign investors, said US Ambassador to Sri Lanka Julie Chung. She was optimistic that Sri Lanka would be able to attract a fair chun

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, John Keells Holdings and Ceylon Tobacco Company with the turnover crossing Rs. 7.4 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and

The secondary market yield curve experienced limited activity and below moderate trading volumes at the week’s end, reflecting a subdued close to the trading week.

The Sri Lanka - Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce hosted a media briefing recently, under the theme “Building Bridges Between Sri Lanka & Maldives.”

Walkers Tours announced that they have been honoured with the Best Sustainable Practices in Specified Tourist Services award at the Sri Lanka Tourism Awards 2024. This recognition underscores the company’s unwavering dedication to sustainability w

CFA Society Sri Lanka recently hosted fireside chat and networking event titled “The CFA Program Advantage: Pathways to Career Excellence.” The event highlighted the transformative power of the CFA qualification in advancing careers in the financ

Reiterating its commitment to fostering entrepreneurship and furthering inclusive growth through digital innovation in Sri Lanka, Mastercard collaborate with the Information and Communication Technology Agency (ICTA) to power the Global Entrepreneurs

The VIMAN Street Cricket Cup tournament, endorsed by Chamari Athapaththu, is set to kickoff on 2 February, providing a platform to showcase girls’ cricket. The event, done in partnership with the national women’s team’s captain, was launched o

NDB Bank has entered into a groundbreaking partnership with Clean Ocean Force Lanka (COF) to launch two transformative projects aimed at combating marine pollution and fostering sustainable ecosystems.

Excel World hosted its inaugural Indian Food Festival from 11th to 14th January, marking the beginning of a delightful culinary celebration.

The BBQ Station at Kirula Road Colombo 5, renowned for its gastronomical meat feasts was relaunched last week with collaboration of local and Sri Lankan Diaspora investors in the UK. Refurbished and reopened with a sleek stylish new look with live m

Siyarata Traditional Hospital in Pallekele, Kandy, led by traditional medicine practitioner Ranjan Muhandiram celebrates its 25th anniversary this month.

Union Assurance recently recognised and celebrated the exceptional achievements of over 60 top performers from its Bancassurance division with a four-day overseas tour to Thailand. This tour which included their families, aimed at rewarding these de

On first of January 2025, Calorie Counter marked a significant milestone – 10 years of operations. From its humble beginnings on 1 January 2015, the pioneering restaurant has grown to become Sri Lanka’s first and only health food restaurant chain

Hilton Hotels in Sri Lanka announced the launch of its unique wedding campaign, ‘Enchanting Beginnings,’designed to make dream weddings a reality. Running throughout January 2025, this campaign offers couples an exceptional opportunity to celebr

The country’s airports, including the main gateway Bandaranaike International Airport (BIA), the International Airport (JIA) and the Mattala Rajapaksa International Airport (MRIA), recorded an increase in passenger arrivals and departures in 2024,

Sri Lanka’s apparel sector ended the year 2024 on a positive note, however, industry stakeholders remain unimpressed with the overall performance, stating that more must be done to reach the earning levels of 2019.

Sri Lanka possesses a strong foundation for a digital economy, with 75 percent of the necessary skills already in place, according to Chief Advisor to the President on Digital Economy Dr. Hans Wijesuriya. However, to fully capitalise on this potenti

Sri Lanka’s export earnings from apparel in 2024 reached US$ 4.7 billion, recording a year-on-year growth of nearly 5 percent YoY.

Homegrown WSO2, a leader in global digital transformation, has urged Sri Lankan businesses to embrace platformless digitalisation.

Prime Lands Residencies PLC is gearing up to launch its new project, J’Adore Negombo, on 1 February, the company said is a disclosure to the Colombo Stock Exchange (CSE) yesterday.

Sri Lanka’s north comes under fresh focus with the Jaffna International Trade Fair (JITF) kicking off today, The event held consistently in the Northern Peninsula for the past 14 years, will once again showcase its 15th edition at the Muttraweli gr

The ASPI closed in green as a result of price gains in counters such as Hatton National Bank, Central Finance Company and CIC Holdings with the turnover crossing Rs. 9.7 bn.

The secondary market yield curve experienced limited trading volumes amidst mixed activity as investors demonstrated a dull sentiment throughout yesterday.

Uzabase Sri Lanka, the local office of the global business intelligence provider Uzabase Inc., has renewed its partnership with CFA Society Sri Lanka as a Silver Partner.