Emirates boosts services to Colombo, offering customers 6 weekly flights
Emirates has announced it will increase its services to Colombo from four to six weekly flights – with a fifth weekly flight commencing 18 February …
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Uber Eats 2020 Insights: Yellow Rice with Chicken emerges as most ordered dish in Sri Lanka
Uber today released its annual analysis - “A Look Back at 2020: Year in Review” - a glimpse into how Sri Lankan’s ate during the lockdown and …
Fitch rates Hatton National Bank’s Basel III Sub-Debt ‘A(EXP)(lka)’
Fitch Ratings has assigned Hatton National Bank PLC's (HNB, AA-(lka)/Stable) proposed Sri Lanka rupee-denominated Basel III-compliant subordinated …
Sampath Bank partners with John Keells Properties’ TRI-ZEN on Home Financing Solutions
Sampath Bank entered into a strategic alliance with TRI-ZEN, a premium smart living project being developed in Union Place, Colombo by John Keells …
Fitch rates Sampath Bank’s LKR6 Bn Basel III Subordinated Debt ‘A(lka)(EXP)’
Fitch Ratings Lanka has assigned Sampath Bank PLC's (AA-(lka)/Stable) proposed LKR6 billion Basel III-compliant subordinated unsecured debentures an …
Driving growth-bridging deficits – outlook 2021 report of Ceylon Chamber
The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy and Sector Review and Outlook 2021 webinar recently. The …
Sri Lanka on positive and steady path for economic recovery, says Cabraal
Feb 08, 2021 (LBO) - State Minister of Finance, Capital Markets, and State Enterprise Reforms Ajith Nivard Cabral says Sri Lanka …
CMTA warns, beware of surging frauds in used-vehicle market
The Ceylon Motor Traders Association (CMTA), Sri Lanka’s automotive association has raised concerns over the heavily persistent fraudulent acts …
House of Indi and Founder clinch honors at prominent awards ceremonies
Forging the way to remarkable milestones, House of Indi, a leading fashion destination in Sri Lanka and its Founder and Creative Director, Indeevari …
PUCSL new Chairman assumes duties; launches its work plan for 2021
The Annual Activity Plan 2021 of the Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator was unveiled today. A total …
JKH and HEMAS consumer collaborate to battle plastic pollution
Plasticcycle, the Social Entrepreneurship Project of the John Keells Group is pleased to onboard Hemas Consumer, in its bin placement initiative …
South Asia’s first-ever all-female gantry crane operator team at SLPA receives Excellence Award
Ten courageous female employees at Sri Lanka Ports Authority have been felicitated with an award to recognize their heroic performances in becoming …
EFutures develops a Digitized System for Medical Claim Processing.
EFutures is a boutique software product engineering agency that focuses on technology companies. Overview Students in the state of California are …
Aitken Spence Travels to welcome first charter flight from Kazakhstan tomorrow
Aitken Spence Travels, the leading Destination Management Company in Sri Lanka working in partnership with TUI Kazakhstan, will welcome the …
Foreign Ministry to open a Regional Consular Office in Kandy
Under the guidance of the Foreign Minister, Dinesh Gunawardena, to give impetus to the National Policy Framework of the Government, by enhancing the …
Deregulation Com. will change outdated laws that affect domestic & foreign companies: President
The Presidential Deregulation Commission will change the outdated laws and regulations that affect the general public as well as the domestic and …
First Capital Holdings PLC’s LKR 2 Bn debenture issue snapped up on opening day
The Listed, Rated, Unsecured, Senior, Redeemable Debenture Issue of First Capital Holdings PLC with a tenure of 5 years was successfully …
Sri Lanka national tea sales average up in Jan 2021
All elevations show an increase YOY in LKR and USD terms Feb 03, 2021 (LBO) - The National average for the month of January 2021 of Rs. 645.02 (USD …
APHNH calls for prioritization of private healthcare workers in National vaccine drive
In an appeal to the Government, The Association of Private Hospitals and Nursing Homes (APHNH) requested that private healthcare workers receive …
Piramal Glass Ceylon reports 110-pct growth in PAT for nine months
Piramal Glass Ceylon reported its nine-month results as at 31st December 2020, with a turnover of Rs. 5,961 Million & PAT of 694 Million as …
Sampath Bank to raise Rs. 6Bn in listed debentures
Sri Lanka’s Sampath Bank plans to raise as much as 6 billion rupees from a sale of Basel III compliant debentures which will be quoted on the …
Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka
Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue …
Stock market halted after S&P SL20 drops over 7.7-pct
Colombo Stock Exchange (CSE) on Tuesday halted its trading for 30 minutes due to the S&P SL20 index dropping over 7.7% from the previous close. …
Sri Lanka inflation at 3-pct for Jan 2021
Feb 02, 2021 (LBO) - The overall rate of inflation as measured by CCPI on Y on Y basis is 3.0 percent in January 2021 and Y on Y inflation calculate …