Business
Room to Read Sri Lanka in collaboration with CSE, rings the bell for “International Day of Education 2023”
“We are working with the state university network in Sri Lanka to upgrade financial education among undergraduates and also conduct investor forums across the country with the objective of sharing better investment knowledge with the general...
Read moreThe CSE has reported exceptional results, with ASPI experiencing a significant increase of over 230 points.
The Colombo Stock Exchange's All-Share Price Index (ASPI) saw impressive gains, rising by 233.23 points to end the day at 8,718.15. This is a 2.75 percent increase compared to the previous close. Additionally, the S&P SL20...
Read moreHeadline inflation decreased to 59.2% in December 2022
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 decreased further to 59.2% in December 2022 from 65.0% in November 2022. Similarly, the Food inflation (Y-o-Y) decreased further...
Read moreIndia Expresses Firm Support for Sri Lanka’s Debt Restructuring Plan to IMF
Reuters: Sri Lanka requires the backing of China and India - its biggest bilateral lenders - to reach a final agreement with the IMF on the $2.9 billion loan that is essential to help the country...
Read moreSHOUT OUTS
Allianz Child Protector – Helping You Protect Life’s Most Precious Gift
Allianz Lanka has introduced a critical illness cover for children in the form of Allianz Child Protector. This is a...
HNB Assurance produces phenomenal MDRT Qualifiers
HNB Assurance PLC (HNBA) produced a total of one hundred and ninety four Million Dollar Round Table (MDRT) qualifiers in...
International Debit Card & ComBank Digital free for ComBank FC account holders
The Commercial Bank of Ceylon (ComBank) has announced attractive new benefits for holders of foreign currency accounts with immediate effect....
UB Finance Powers STC Basketball
UB Finance signs MOU with S. Thomas’ College Mount Lavinia to Power the STC Basketball Teams of all age groups...
St. Anthony’s Hardware celebrates the children at Lama Sewana Detention Home
St. Anthony's Hardware recently held a fun day for the children at Lama Sewana Detention Home, Baddegama, which included games, activities and food. St. Anthony's Hardware aims to maintain a long-term relationship with the home by renovating and providing industry training and...
Singer Sri Lanka unveils the all-new SINGER RED Loyalty Program
Singer Sri Lanka PLC recently launched its all-new Singer RED Loyalty Program, which is open to anyone who makes a purchase at Singer. Singer currently holds a loyal customer base of over 2 million island wide. Through the Singer RED Loyalty Program...
E-commerce: An Islandwide Phenomenon and a Youth-oriented Futuristic Industry of Sri Lanka – Report
Daraz Sri Lanka and Sri Lanka Association for Software Services Companies (SLASSCOM) released the first in-depth study on the adoption and use of e-commerce in Sri Lanka during difficult economic times at a roundtable discussion held in Colombo on Monday 30th January...
John Keells Holdings records EBITDA growth of 9% to Rs.10.41 billion in Q3
Group EBITDA recorded an improvement to Rs.10.41 billion during the quarter under review, which is an increase of 9 per cent against the comparative period of last year . Excluding the impact of a one-off deferred tax charge at...
Asian Paints Causeway Adds Color to ‘Kedella – Art of Living’ as the Official Paint Partner
Sri Lanka’s leading paint brand, Asian Paints Causeway, marked their presence in outstanding style at the recently concluded ‘Kedella’ Art of Living Exhibition at the BMICH, Colombo. Asian Paints Causeway was also the Official Paint Partner for Sri Lanka’s largest construction and...
CDS signs up with Lanka IOC PLC to act as Registrar
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023. Lanka IOC PLC, with a...
“Success isn’t about how your life looks to others. It’s about how it feels to you.” – Michelle Obama
PRESS RELEASE
Japan lends a helping hand for Beira Lake cleanup
A Japanese firm has entered into an agreement with the government of Sri Lanka to undertake the cleaning and beautification...
Japan assures they will continue to provide assistance for BIA’s Terminal 02 construction
Today, the Minister of Ports, Shipping, and Aviation of Sri Lanka, Nimal Siripala de Silva, had a discussion with the...
New Kelani Bridge almost complete – Min. Johnston Fernando
Chief Government Whip and Highways Minister Johnston Fernando yesterday said that 98.5 percent of the new Kelani Bridge has been...
Sri Lanka Welcomes 100,000 Tourists in January 2023: A Boost for Tourism Industry
Sri Lanka has experienced a considerable surge in the number of tourist arrivals in January 2023, compared to January 2022....
Fly Emirates to Dubai and enjoy a free night’s stay at Fairmont The Palm
Travellers planning their next escape to Dubai and beyond who purchase an Emirates return ticket in First or Business Class...
Veteran Indian Movie star Ashish Vidyarthi promotes Sri Lanka across the world
Multi Award Winning Veteran Indian Actor Ashish Vidyarthi, known for his roles as a villain and many other roles in...
Ambassador N’dry from Côte d’Ivoire to visit Sri Lanka
A delegation from the embassy of the Republic of Côte d’Ivoire will be visiting Sri Lanka from 31 January to...
Sri Lanka Tourism returns to Spanish Market after pandemic
Spain is one of the fastest recovery markets for Sri Lanka Tourism after the pandemic and participation in FITUR argues...
UB Finance Powers STC Basketball
UB Finance signs MOU with S. Thomas’ College Mount Lavinia to Power the STC Basketball Teams of all age groups...
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“Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller
President Ibrahim Mohamed Solih wins MDP presidential ticket
Maldives – Maldivian Democratic Party’s presidential primary has been won by President Ibrahim Mohamed Solih. The President contested the fiercely competitive primary against former President and Parliament Speaker Mohammed Nasheed. He has now secured the MDP presidential ticket for this year’s presidential...
Thousands of Microsoft users experience Teams and Outlook going down
Microsoft is conducting a probe into an outage that left countless people across the globe unable to access its services, such as Teams and Outlook. Downdetector.com, which monitors outages, reported thousands of issues with Teams, Outlook, Microsoft 365 and XBox Live. For...
Tianjin Port Group and Huawei Partner to Develop a Digital Twin of the Port
Tianjin Port Group and Huawei announced this week that the two companies will deepen cooperation to build a digital twin of the port, making it more automated and intelligent. Yang Jiemin, Vice President of Tianjin Port Group, explained that this plan consists...
WHO Monitoring New Coronavirus Variant Named “Mu”
The WHO said the variant has mutations that indicate a risk of resistance to vaccines and stressed that further studies were needed to better understand it. The World Health Organization has said it is monitoring a new coronavirus variant known as "Mu",...
Apple chief executive Tim Cook gets $750m payout
Apple chief executive Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job. A company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of...
IMF Managing Director Announces the US$650 billion SDR Allocation Comes into Effect
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement yesterday (23): “The largest allocation of Special Drawing Rights (SDRs) in history—about US$650 billion—comes into effect today. The allocation is a significant shot in the arm for...
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