Business News
CBSL commits to continue current monetary policy stance
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on March 3, 2021, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing...
Read moreLuxurious living in Colombo 5! 40 Apartments with a rooftop pool facility overseeing breathtaking city views
Total investment of Rs. 1.2 billion for the project by Trillium. Affordable luxury living in Colombo City Limits – Havelock Town, Colombo 05. A Condominium that allows pets for the...
Read moreJAT Holdings the “Official Overseas Team Sponsor of Sri Lanka Cricket”
Supporting the nation’s beloved sport, JAT Holdings (Pvt) Ltd was announced as the “Official Overseas Team Sponsor of Sri Lanka Cricket” for the 2020/2021 cricket season, until 31st May 2021. Having sponsored...
Read moreCompanies’ performance this year is certainly on the rise – State Minister Ajith Nivard Cabraal
Many companies' performance this year is certainly on the rise, according to Ajith Nivard Cabraal, State Minister of Money & Capital Markets and State Enterprise Reforms, in a Twitter post....
Read moreAIA Insurance celebrates top performers at inaugural Digital Sales Convention
AIA Insurance held its first ever Digital Annual Sales Convention, to celebrate and recognize the company’s top performers in 2019. Held under the theme ‘Awaken the Superhero in You’, the...
Read moreLHI conferred GOLD for Championing the Professional Service Exports in Sri Lanka
LHI, as a premier service provider of best engineering solutions to the global market place has bagged GOLD in recently concluded 28th annual NCE Export Awards Ceremony at Shangri-La Hotel...
Read moreNorfund to Invest up to 9.99% in National Development Bank PLC
NDB and the Norwegian Development Finance Institution, Norfund, have reached an agreement for Norfund to invest up to 9.99% in National Development Bank PLC (NDB). Under this agreement, Norfund will...
Read moreHemas Hospitals signs MOU with Ministry of Health to commence COVID-19 PCR Testing
operates a purpose-built PCR testing facility geared with the latest technology Asserting its strong commitment in curbing the growing implications of the pandemic, leading private healthcare provider Hemas Hospitals signed...
Read moreDPL lends a hand to children in Monaragala Rubber Farming Communities
As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder...
Read moreHirdaramani takes bold new steps in transparency and accountability for renewable energy use with I-REC Standard
The Hirdaramani Group has yet again taken bold strides towards energy accountability by being the first in Sri Lanka to receive International Renewable Energy Certificates (I-RECs) for its energy usage. With this...
Read moreWings Logistics celebrates 20th anniversary as the foremost logistics specialists
Spearheading the reputation of the country’s logistics industry, Wings Logistics proudly commemorates 20 glorious years in Sri Lanka’s logistics sector. The past two decades mark the Company’s transformative journey –...
Read moreCeylinco Life ends 2020 with near-perfect gender balance in sales force
Women now constitute 49.1% of life insurance leader’s 4,300-person sales team once dominated by men As the world celebrates International Women’s Day on 8th March, Ceylinco Life has announced the achievement...
Read moreCitrus Waskaduwa joins hands with Kings Hospital to commence operations as an Intermediary Care Centre
Sri Lanka’s luxury beachfront resort, Citrus Waskaduwa, recently joined hands with Kings Hospital Colombo to commence operations as an Intermediary Care Centre (ICC), strengthening Sri Lanka’s fight against COVID-19. Citrus...
Read moreCSE organizes Family Business Forum themed ‘Founder to Family’
The Colombo Stock Exchange (CSE) in collaboration with the Securities and Exchange Commission (SEC) is hosting the inaugural Issuer Forum for 2021 on the theme ‘Founder to Family – Leveraging...
Read more‘Customer experience’ at the heart of EatMealFirst – Director /Founder of Chinthaka Wijesuriya
With EatMealFirst I experienced a greater convenience and excellent customer service – Edwin Roshan, a Businessman in Sri Lanka and France EatMealFirst, the Sri Lanka based food delivery platform Gets...
Read moreWindForce launches LKR 3.2 billion IPO to boost Renewable Energy in Sri Lanka and abroad
WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO) that aims to raise Rs.3.24 billion to fund...
Read moreUnion Assurance Partners with Health Promotion Bureau for Mental Health Awareness in COVID 19
During these globally unprecedented times, a majority of the focus has been on the raging pandemic in terms of containment and cure. There is no doubt that getting ahead of...
Read moreSiyapatha Finance PLC donate IT equipment to the Newbridge Boys’ Home
Siyapatha Finance PLC has taken the initiative to donate a stock of computers and other IT equipment to the Newbridge Boys’ Home in Wevaldeniya. This was initiated as part of...
Read moreFairfirst Insurance awarded at SLIM DIGIS for innovating the digital sphere for a future-ready brand
Sri Lanka’s rapidly-growing insurer and digital disruptor, Fairfirst Insurance Ltd., was awarded Gold in the Insurance Category and Silver in Best Digital Marketing Innovation across all sectors at the SLIM...
Read moreHNB FINANCE reinforces service offering to Anuradhapura with relocation to self-owned premises
Backed by over 20 years of experience in providing superior financial services, leading integrated financial services provider HNB FINANCE, recently shifted its branch in Anuradhapura to an expansive, modern four-storey...
Read moreDFCC Bank continues a proactive partnership with CIMA & wins Top Employer Award
DFCC Bank partnered for the 3rd consecutive year with CIMA Sri Lanka as a Gold corporate partner this year too. In addition, the Bank was recognized yet again as one of...
Read moreJanashakthi Life demonstrates resilience with commendable growth during 2020
Demonstrating the Company’s spirit of resilience amidst a challenging period, Janashakthi Insurance PLC recorded a 9% overall growth for the financial year 2020, with Gross Written Premiums (GWP) of LKR...
Read moreIIHS strengthens Sri Lanka healthcare industry with Graduation of over 400 Healthcare Professionals
Acclaimed for singlehandedly transforming Sri Lanka into a regional educational hub for nurses, the International Institute of Health Science (IIHS), Sri Lanka’s premier healthcare education institute, conducted another milestone graduation...
Read moreSeylan Bank partners Zimantra Leisure
Seylan Bank announced its partnership with Zimantra Leisure Center, Battaramulla, to facilitate recurring payments for the first time in Sri Lanka. Through this partnership, Seylan Bank will provide merchant portal...
Read moreNations Trust Bank Takes the Lead in Transforming Sri Lanka’s Digital Economy
Nations Trust Bank signs MOU with Department for Registration of Persons to enable Digital KYC Nations Trust Bank and the Department for Registration of Persons (DRP) recently signed a Memorandum...
Read moreReMAtics elevates client offering with News Publisher partnership
ReMAtics, a platform connecting skilled Sri Lankan freelance professionals to clients in the financial research space, has announced a partnership with corporate communications agency, News Publisher, to launch its new...
Read moreLaunching the Asian Journal of Management Studies
The Faculty of Management Studies (FMS) of the Sabaragamuwa University of Sri Lanka recently launched the Faculty Journal named Asian Journal of Management Studies (AJMS). As an "A" graded faculty...
Read moreCommittee on Public Finance has requested that CBSL to develop a people-friendly strategic plan.
The Committee on Public Finance informed officials of the Central Bank of Sri Lanka (CBSL) to come up with an innovative strategic plan that works in the interest of the...
Read moreKuwait Airways hails Govt. efforts to boost tourism; deploys second flight
Kuwait Airways, national carrier of the State of Kuwait yesterday hailed the Sri Lankan Government’s efforts to boost tourism and rejuvenate air travel into Sri Lanka and overcoming the challenges...
Read moreSLID and EY Organize Webinar on “Security of Information Assets: What the Board Needs to Know”
The Sri Lanka Institute of Directors (SLID) together with EY organized a webinar, moderated by Manil Jayasinghe-Partner, EY on “Security of Information Assets: What the Board Needs to Know” recently...
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