business Sri Lanka

Dr. Arosha Fernando has been appointed as the new Chairman and the Managing Director (MD) of Lakma Holdings Private Limited, a premium manufacturer and supplier of an extensive,...

Bank of Ceylon (BOC) launched BOC SmartPay- QR (quick response) code based payment solution offered to its valued customers which will be the latest addition to the digital...

The Federation of Information Technology Industry Sri Lanka (FITIS), is to host the National Information Communication Technology Exhibition titled INFOTEL 2019. This would...

The Technical, Vocational Education Training (TVET) sector is poised to receive a US $ 50 million, to set up a fully-fledged Ocean University in Sri Lanka. Also nine new hi-tech...

The LB Finance yesterday opened a plush LB Finance Premier Center in Colombo 7 with a promise of ‘luxury and devoted’ service. “This is the first such office in the NBFI industry....

Sri Lanka Resident Country Director at Millennium Challenge Corporation (MCC), Jenner Edelman yesterday said, lack of information and the misinformation about MCC among people...

Hambantota International Port, a Public Private Partnership project (PPP) between the Sri Lanka Ports Authority and China Merchant Port Holdings is currently evaluating the...

National Savings Bank demonstrated robust performance during the first half of 2019 amid subdued macroeconomic and market conditions, and witnessed Profit Before Tax (PBT)...

A passenger ferry service between Kankesanthurai and South India is expected soon to facilitate displaced returnees and pilgrims home, said Sirimevan Ranasinghe, Secretary...

The Hirdaramani Group together with the Ellen MacArthur Foundation’s Make Fashion Circular initiative hosted a transformative workshop on at the Hilton Colombo Residences,...

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HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) depicted a continuous growth momentum posting a Profit After Tax (PAT) of Rs...

Five domestic airlines have agreed to operate domestic flights to the redeveloped Palali International Airport (JAF) from October. The soft opening is scheduled for October...

Dr Syedna Mufaddal Saifuddin TUS, the 53rd al-Dai al-Mutlaq and head of the Dawoodi Bohra community arrived in Colombo yesterday, to conduct the Ashara Mubaraka sermons in...

Sri Lanka’s leading conglomerate Abans Group yesterday, participated at the marketing opening ceremony at the Colombo Stock Exchange to celebrate the 50th Anniversary of the...

World leaders at the Group of Seven summit have agreed to help the countries affected by the huge wildfires ravaging the Amazon rainforest as soon as possible, French President...

Most of the 57 Indian companies across industries that have operations in China told an industry survey they will increase their investment this year on the back of rising...

Atoll nations are on the front line of climate change and require immediate action to combat the impact of land loss, beach erosion, loss of fisheries, and water shortages—a...

Ceylinco Life policyholders visited the Leisure World theme park at Kaluaggala last week for a day of fun and frolic, with which the curtain came down on the life insurance...

Fortunaglobal, a pioneer in fintech solutions for the banking and financial sector provides solid Digital Banking Solutions, through their Affluence Digital Banking Suite....

Asian markets mostly rose Tuesday, recovering from the previous day’s pounding, after Donald Trump said China-US trade talks would resume soon, though the president’s sharp...

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The National Chamber of Commerce of Sri Lanka has joined hands again with the National Enterprise Development Authority (NEDA) for the fourth year in succession to conduct...

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Colombo Port City infrastructure development is to be completed by mid- 2020, said Simon Tham, the Assistant General Manager of CHEC Port City Colombo (Pvt) Ltd. Tham said...

A ceremony was held on August 24, 2019 at the site of the Bogambara Prison Complex Redevelopment to announce the opening of phase I of the project for the Bogambara Cultural...

The government has disbursed loans to the value of Rs. 91 billion under its major development program ‘Enterprise Sri Lanka’ over the last two years, a Treasury official said. A...

Mobitel has embarked on a national level CSR initiative that aims to collect and dispose electronic waste (E-Waste) responsibly. The National Mobile Service Provider envisions...

AIA Insurance’s Premier Agency Circle (PAC) opened its Metro Office at the AIA Tower which is its Head Office in Colombo 7, recently. AIA’s PAC office was opened with the...

Leema Creations (Pvt) Lt, the industry giant in interior solutions and home and commercial furniture manufacturing, together with Durlax India Pvt Ltd., India’s largest solid...

For four decades, NDB Bank has been a catalyst in assisting Sri Lankans around the island towards success. Moving from economic growth to sustainable development, the Bank...

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Sri Lanka’s largest International Theme Park, ‘Fantasy Island’ was flagged off last Friday at Water’s Edge with an estimated investment of USD 4.2 million in the first phase....