business Sri Lanka

Fonterra Brands Sri Lanka can now meet demand for an extra 10 million servings of locally-sourced Anchor Newdale yoghurt each month, with the investment in its second state-of-the-art...

At the recently held Progress Review meeting of the Ministry of Public Enterprise Development chaired by the Minister Kabir Hashim, it was revealed that the Kurunegala Plantations...

Sri Lanka’s diversified Melstacorp has further increased its shareholding at Aitken Spence by 1.99 percent of the issued share capital of Aitken Spence. Subsequent to this...

The 27th edition of the FACETS International Gem and Jewellery Exhibition began yesterday with a grand inauguration ceremony at the BMICH. Gracing the event as chief guest...

Moody’s Investors Service says that the outlook for Sri Lanka’s banking system is negative, with both asset quality and profitability under pressure. “The economy will only...

Navesta Pharmaceuticals Private Limited has set the benchmark for the local pharmaceutical manufacturing sector by opening the Country’s first sterile pharmaceutical manufacturing...

Sri Lanka’s pioneering entrepreneurship acceleration and empowerment programme Venture Engine has begun holding workshops for 23 companies with the true potential and skill...

One of Sri Lanka’s respected international service organizations that commands a seat in the United Nations General Assembly has appointed Ven. Dr. Bandagiriye Somawansa Thero...

Over 18 prestigious Sri Lankan private sector companies will expect to provide nearly 2,500 local and overseas employment opportunities to participants at the EDEX Mid- Year...

As a response to the recent dengue epidemic in the island, Fairfirst Insurance has developed this unique insurance product.The first of its kind in the industry, this policy will...

Sri Lanka’s fastest growing and most innovative life insurance company Softlogic Life PLC was crowned recently as the undisputed claims service leader in Sri Lanka, after...

Sri Lanka Insurance has declared a Life Bonus of Rs 6.2 billion for this year, recording the largest Life Bonus ever to be declared in the insurance industry. The company achieved...

HNB Assurance PLC (HNBA) unveiled its Group Life Product, offering four predefined packages that businesses could choose from in providing the financial protection that their...

Union Assurance continuously dedicates its efforts to deliver the best for its customers by introducing tailor-made and fully customized solutions. By referring to the product...

AIA Sri Lanka has crossed 100 MDRT (Million Dollar Round Table) members for 2016, making it the first and only insurer in Sri Lanka to do so! AIA has the most number of MDRT...

The Bank of Ceylon was conferred the Master Brand status for the year 2017- 2018 by the CMO Council Asia at the ceremony held at Taj Samudra Hotel, Colombo, recently. Named...

The Colombo Stock Exchange will soon introduce a special tool to woo real estate sector investors. This is to be titled Real Estate Investment Trusts (REITs). Through this,...

Tan Sri Dr. Azmil Khalili Bin Dato Khalid has resigned from the Board of Directors of the MTD Walkers with effect from August 24, 2017. Dr. Azmil Khallli Bin Dato was the Chairman...

The Board of Directors of Sunshine Packaging Lanka Limited, a fully owned subsidiary of Sunshine Holdings PLC, has decided to cease the manufacturing operations today (31). The...

At the Colombo Tea Auction held on August 29-30, reflecting strong demand for Low Grown teas, New Vithanakande Tea Factory, Delwala, once again achieved two record prices...

The much awaited FACETS International Gem and Jewelry Exhibition begins today (August 31) at the BMICH with an official ceremony, which will be attended by Prime Minister...

Dilmah Ceylon Tea Company is to acquire the tea export business of MJF Teas (Private) Limited for Rs. 442.5 million, the company said in a stock market filing. This will be...

The ongoing bond issue, appointment of a new finance minister and other political issues in Sri Lanka won’t have a negative impact on foreign investors, said David Mann, Chief...

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Colombo equities demonstrated negative investor sentiment yesterday. The Benchmark Index, ASPI closed the day at 6,390.26 points, losing 8.53 points. This was mainly due to price...

Sri Lanka Retailers Association will hold the ‘Sri Lanka Retail Forum 2017’ on September 13 under the title of 'Winning the New Consumer: Energizing Retail' in a bid to identify...

 The Sri Lanka - Nepal Friendship Association and Business Council welcomed new Nepali Ambassador to Sri Lanka Prof Bishwambher Pyakuryal, at a dinner at the residence...

CIMA Business Leaders Summit 2017 organized on the theme “What’s Next: The changing business landscape” will be held on September 11, from 9.00 am at the Oak Room, Cinnamon Grand,...

Certis Lanka is a joint venture with Certis International of Singapore, a wholly owned company of Temasek Holdings, the private investment arm of The Government of Singapore....

The leading non-bank finance company in Sri Lanka, People’s Leasing and Finance relocates its Rathnapura branch at Moragahayata, Colombo Road, Rathanapura). The new branch...

OPPO launches F3 “FC Barcelona Limited Edition” to Sri Lanka celebrating one of the most popular football clubs in the world, the FC Barcelona or Barca, a club which has a...

Pioneering hearing care specialists in Sri Lanka, the Wickramarachchi Institute for Speech and Hearing (WISH) recently conducted a special training session for audiologists...

Pan Asia Bank recently opened a dedicated centre for Private Banking and Wealth Management at the World Trade Centre to offer specialized financial and investment advisory...

The NDB Private Wealth Centre recently become Sri Lanka's first all-in-one financial services hub, following the opening of its very own NDB bank branch. Importantly, this...

In a bid to save energy in existing buildings Scan Technologies Global Private Limited, is introducing modern air conditional systems, thus helping to save over 50% of energy...

Customers travelling on Singapore Airlines and SilkAir will have the opportunity to avail attractive fares to their favorite destinations. Business Class and Economy Class...

Rejuvenated. That’s what the ultra modern and luxurious Emirates’ lounges at Dubai International Airport make its First and Business Class passengers feel. From seating to...

Qatar Airways continues to demonstrate strong global growth with the announcement of new flights to Sri Lanka and Bangladesh. The ‘Airline of the Year’ has responded to continued...

For the first time SriLankan Airlines is giving away one thousand free return air tickets to 14 exciting destinations. This is in view of the airline celebrating its 38th...

Colombo equities demonstrated negative investor sentiment yesterday. The Benchmark Index, ASPI closed the day at 6,398.79 points, losing 13.58 points. This was mainly due to price...

Apeksha IVF and Research Centre, Ratmalana was recently recognized with a National Level service sector Merit Award at the CNCI Achiever Awards 2017 for Industrial Excellence. President...