The Women’s Chamber of Industry and Commerce (WCIC) yesterday appealed to government officials and corporate leaders to increase procurement from women-owned businesses, so that greater economic inclusion and support for female entrepreneurs is pro

Sri Lanka has achieved a breakthrough in its telecommunications infrastructure with SLT-Mobitel successfully landing the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE 6) submarine cable in Matara on 29 December.

AIA Sri Lanka has appointed Biswa Prakash Misra as chairman of its board of directors, effective January 2025, subject to regulatory approval, the company said.

Sri Lanka’s tourism sector has come into fresh spotlight in the new year with the Colombo-Badulla train journey being ranked among the world’s top 10 train rides to experience in 2025.

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Central Finance Company and Hemas Holdings with the turnover crossing Rs. 4.5 bn.

The secondary market yield curve witnessed a day of mixed sentiment amidst the presence of both buying and selling activity yesterday.

As the calendar turns to 2025, Sri Lanka stands on the cusp of a transformative milestone in its hospitality sector. Aviyana Ceylon, the country’s first seven-star luxury hotel, is set to open its doors this year, redefining the boundaries of glob

HNB Assurance PLC (HNBA) made a significant ascent in the latest LMD 100 rankings, climbing 13 places to reach rank 64, cementing its position as one of Sri Lanka’s leading listed companies.

Allianz Insurance Lanka Ltd and SriLankan Airlines have recently renewed their global partnership. Accordingly, Allianz will continue serving as the airline’s exclusive provider of travel insurance products and services. Now entering its third con

The 25th Annual General Meeting (AGM) of the Sri Lanka-Germany Business Council (SLGBC) was held recently at Hilton Colombo Residences, Colombo 2.

Amana Bank expanded its customer locations to 66, with the opening of the bank’s 33rd Self-Banking Centre (SBC) in Irakkamam, a town located in the Ampara district of the Eastern province.

TWC Group Chairman Thilan Wijesinghe addressed the global policymakers and experts at the ORF Cape Town Conversation, recently held in Cape Town, South Africa.

St. Anthony’s Coatings’ commitment to sustainability has been recognised at Annual Green Building Awards 2024, held at the BMICH recently by the Green Building Council of Sri Lanka.

Sunshine Holdings PLC recently hosted Sunshine Spotlight, an inspiring event organised by the OneHR Team at Sunshine to recognise the exceptional achievements, professional growth and contributions of its employees across various sectors.

Expo Commodities (Pvt.) Ltd, one of Sri Lanka’s largest spice exporters and a key subsidiary of Aberdeen Holdings, has once again demonstrated its dominance on the global export stage by clinching three esteemed accolades in the Extra-Large Categor

Lakbima Plantation (Pvt.) Ltd, a leader in the plantation industry, was recently honoured in the Plantation Category at the Swarnasinghe National Awards for exceptional performance and entrepreneurship.

IHEAL Health Sdn Bhd, a leading healthcare provider based in Malaysia, has officially entered into a memorandum of understanding (MoU) with SITREK Home Nursing & Swift Care (Pvt.) Ltd, a prominent home nursing services provider in Sri Lanka.

The Japan International Japan International Cooperation Agency (JICA) assured its commitment to continue providing financial and technical assistance to Sri Lanka.

Sri Lanka is exploring avenues to channel foreign earnings into local investments to boost its economy, with plans underway to empower the returning migrant workers to reinvest their hard-earned savings in the country.

The beer consumers in Sri Lanka are effectively paying over 70 percent of the retail price of beer purely in taxes, according to research by Jafferjee Brother Securities (JBS).

The Board of Investment (BOI) recently signed an agreement worth US $ 1.06 million with Fusion Apparel, a joint venture of Brandix, to establish a state-of-the-art manufacturing facility focused on glue bonding garments.

Sri Lanka’s national tea sales average for 2024 rose to Rs.1,225.17 (US $ 4.08) per kilogramme, marking an annual increase of Rs.53.88 (US $ 0.49), from Rs.1,171.29 (US $ 3.59) in 2023, the data from the Sri Lanka Tea Board showed.

Sri Lanka’s top women entrepreneurs will take the centre stage today, as WCIC Prathibhabhisheka – Women Entrepreneur Awards 2024 kicks off, recognising their resilience, innovation and impact on the national economy.

Sri Lanka’s Free Trade Zone Manufacturers’ Association (FTZMA) held discussions with the government just before the new year, to share concerns and areas that need urgent attention.

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Commercial Bank and Ceylinco Holdings with the turnover crossing Rs. 8.5 Bn.

Investors booked profits during yesterday’s trading session, with selling pressure prevailing throughout the day.

The Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce is to be inaugurated on 28 January at the Shangri La Hotel Colombo,

EY Sri Lanka announced the appointment of economist Talal Rafi as a Director, Business Consulting.

Hatton National Bank (HNB) announced the appointments of Bimal Perera as Deputy General Manager and Chief Growth Officer, and Chandima Cooray as Deputy General Manager and Chief Innovation Officer.

LOLC Technologies, the technological arm of LOLC Group, reaffirmed its leadership in technological innovation with the successful conclusion of its second Global IT Conference.