business Sri Lanka

LB Finance donated a high quality US Brand Hamilton C3 model mechanical ventilator manufactured in Switzerland, to the Apeksha Hospital Maharagama on February 24. The ceremony...

SLT-Mobitel, the nation’s ICT and Telecommunications Service Provider recently partnered with Spotify, to mark their launch in Sri Lanka. Spotify is a paid premium music streaming...

HNB Finance recently shifted its branch in Anuradhapura to four-storey premises located at Abhaya Place, New Town. To coincide with the relocation of the branch, a special...

Aligning with the diversification and expansion goals of the Group, Watawala Tea Ceylon Limited (WTCL), a 100% owned subsidiary of Sunshine Holdings PLC (CSE: SUN) announced...

Port City Colombo recently made a donation of 1,000 school bags valued at nearly Rs. 1 million to schoolchildren of low income families in the Moneragala District who are...

Representatives of D Samson Industries, Ajith Hemantha – Executive - Supply Chain, Renuka Bandara - Chief Finance Officer, Bhathiya Amarakoon - - Executive Director, Lakmal...

The Coconut Research Board, Buddhist and Pali University of Sri Lanka and the University of Sri Jayewardenepura were adjudged as the overall winners at the Best Annual Report...

The Bourse ended the week on a negative note this week with ASPI decreasing by 321.60 points (or 4.12%) to close at 7,476.34 points, while the S&P SL20 Index also decreased...

Creating another revolution in the cable industry, ACL Cables PLC, Sri Lanka’s no.1 cable manufacturer, launched its own e-commerce platform designed to help customers personalize...

Ocean Lanka, Sri Lanka’s largest weft knitted fabric manufacturer, honoured a large cohort of staff marking employment milestones at the Ocean Lanka Service Awards, where...

JB Financial (Pvt) Ltd, a specialist asset manager, investing in a range of investment grade debt instruments, equity and gilt-edged securities received a credit risk rating...

Moose Clothing Company clinched their first bronze award for “Best New Entrant Brand” category at the recently held SLIM Brand Excellence Awards 2020. Moose Clothing believes...

The Commercial Bank of Ceylon has been declared the ‘Strongest Bank in Sri Lanka in 2020’ by the Asian Banker Magazine, based on the strength of its balance sheet. This accolade...

In a bid to create stronger leadership skills a Business Planning meeting and a motivation campaign was held with the participation of the 2020 achievers team of the Ragama...

Amãna Bank crossed the Rs 100 billion mark in total assets as at YE2020, a milestone bearing evidence to its accelerated growth, which comes in a context where the Bank has completed...

Chandula group of companies of Piliyandala held their annual ‘Sewaka Abhiman 2020’ to honor and award their loyalty staff on February 4 at Windsgreat Reception Hall in Polgasowita,...

Lanka Hospitals, the internationally accredited multiple award-winning healthcare provider has been named the official Healthcare Partner of ‘Prima Ran Piyawara’, an exclusive...

The People Management Solutions (PMS) Division of CIPM Sri Lanka inaugurated the “Service for Excellence” training programme for Lanka Sathosa, the largest retail network...

Green Herbal Products (Pvt) Ltd won ‘The Most Productive award’ At Southern Province Business Awards at the 5th Best Entrepreneur Award Ceremony of the Southern Province held...

ISM APAC, part of the Dutch-based leading e-commerce solutions provider ISM was ranked among Best Workplaces in Sri Lanka for 2020 by Great Place to Work Sri Lanka. Additionally,...

Sri Lanka Coconut Cultivators’ Association and the Ceylinco Insurance Company (CIC) under the guidance of the Coconut Development Authority (CDA) jointly launched a special...

HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) received the Great Place To Work certification for the review period of 2020...

The Power Solutions Division of Browns has introduced a duo of free of charge services for backup generator owners, with Condition monitoring and Load audits. Browns has launched...

Emirates SkyCargo has signed an agreement with UNICEF to prioritise the transport of COVID-19 vaccines, essential medicines, medical devices and other critical supplies to help...

Fitch Ratings Sri Lanka has recently revised Cargills Bank’s National Long-Term Rating to AA-(lka) with a Stable outlook, from A+(lka) with a Stable outlook. The Rating revision...

Travel solutions provider, Classic Travel clinched a rank in the Great Place to Work list 2020, becoming the only travel agency in the country to win a place in the list for...

oDoc, Sri Lanka’s leading digital health company, announced it had closed USD 1 million in pre-series A funding at double its previous valuation. Existing investor Techstars...

Crimson Bakery recently opened a standalone bakery outlet at the University Hospital, Kothelawala Defence University (KDU), Werahera, Boralasgamuwa. The new Crimson Bakery...

Trade Finance and Investments PLC (TFI), a financial service provider in Sri Lanka for over 35 years, has been amalgamated into Commercial Credit and Finance PLC (CCF). The...

The newly launched Stadium Restaurant in Kesbewa Road, Boralesgamuwa opened their swimming pool pinning a much needed facility to the area. Stadium Restaurant which offers...

Aitken Spence Hotels’ overseas resorts, Heritance Aarah, Maldives and Desert Nights Camp, Oman were recently honoured among the best global luxury brands at the Luxury Lifestyle...

The International Airline & Aviation College has added another accolade to its growing repertoire, having been recently been recognized as the Best Airline Training College...

A Memorandum of Understanding (MoU) was signed between NSBM Green University and Institute of Hospitality UK Sri Lanka International Branch on February 23. This was launched...

Cinnamon Bentota Beach, a property of Cinnamon Hotels and Resorts one of Sri Lanka’s leading hospitality chains, became the first hotel of its scale in Sri Lanka, under the...

Headline inflation as measured by the year-on year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 decreased to 3.7 per cent in January 2021 from 4.6 per...

Dialog Axiata PLC (“Dialog”), Sri Lanka’s premier connectivity provider, announced the commissioning of the Maldives Sri Lanka Cable system (MSC), enabling the delivery of...

State Minister of Capital Markets and State Enterprise Reform Ajith Nivard Cabraal noted that during his tenure as Central Bank Governor the rate of return on Central Bank...

In the backdrop of an extremely challenging environment, Seylan Bank recorded a Profit After Tax (PAT) of Rs 3 billion (bn) for the year ended December 31, 2020. Interest...