Hemas Group records earnings of Rs. 3 bn, a 36-pct growth for the quarter
The Hemas Group recorded earnings of Rs. 3.0 billion, a 36.3 percent growth in consolidated earnings for the quarter with revenue increasing by 6.4 percent to …
Industry
Fitch Upgrades 4 Sri Lankan Insurers’ National IFS Ratings After Scale Recalibration, Affirms Three
Fitch Ratings has upgraded the National Insurer Financial Strength (IFS) Ratings of four Sri Lankan insurers following the recent sovereign upgrade and …
The Technocity Pvt Ltd Expands to Dubai, Bringing Premier IT Solutions to the UAE
The Technocity Pvt Ltd, Sri Lanka's leading IT distributor, has officially expanded its operations to Dubai, UAE, signalling a significant milestone in its …
India’s top Lube brand Hindustan Petroleum Lubricants arrives in SL with Sea World Lanka
Hindustan Petroleum Lubricants markets more than 450 grades of Lubricants/Greases and caters to many global auto OEMs To offer full range of premium and world …
ComBank Digital integrates with CSE’s Central Depository System for IPO settlements
The Commercial Bank of Ceylon has announced that ComBank Digital, the Bank’s digital banking platform, is now linked with the Central Depository System (CDS) …
Visa: End-of-Year Tourist Transactions Up by 40% in Sri Lanka This Holiday Season
Surge in card transactions by tourists was driven largely by in-store use of debit cardsDomestic debit spends grew by 45% while cross-border debit spends grew …
Sri Lanka’s DFCC’s Acuity Stake Disposal Yields Limited Capital Boost
Sri Lankan DFCC Bank PLC’s (DFCC, A(lka)/Stable) divestment of its 50% stake in Acuity Partners (Pvt) Limited (APL) is unlikely to result in a material …
Vehicle Cost Calculator: 2025 Brand New vehicle prices for new orders after import ban
Explore the Vehicle Cost Calculator provided by Capital Alliance by clicking the link
British High Commissioner welcomes appointment of new UK Trade Envoy for Sri Lanka
Lord John Hannett of Everton OBE has been appointed as the new United Kingdom’s Trade Envoy for Sri Lanka. Lord Hannett will support the UK’s trade and …
Joint Chambers and Associations proposed solutions for Port congestion crisis
In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish …
Rothschild Estate: Preserving Sri Lanka’s legacy through innovation and excellence
In the world of tea, James Taylor often takes center stage as the pioneer credited with establishing Sri Lanka's tea industry during British colonial rule at …
Is the country prepared to harvest the potential dollar income through its rubber industry?
By Emeritus Professor Asoka Nugawela (Department of Plantation Management, Wayamba University of Sri Lanka & Former Director, Rubber Research Institute of …
Industry veteran Saifuddin Jafferjee re-elected Chairman of JAAF
The Joint Apparel Association Forum (JAAF) held its 21st Annual General Meeting on 27th January in Colombo. Speaking at the event the reappointed Chairperson, …
VIDEO: Microsoft Probes DeepSeek Data; Alibaba Says Its AI Model Is Superior to DeepSeek
Alex Stamos, SentinelOne chief information security officer, outlines the security concerns related to DeepSeek's app and the safety of their open-source code. …
Sri Lanka Economic Summit kicks off today
President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce which opens Tuesday at the Shangri …
VIDEO: How China’s New AI Model DeepSeek Is Threatening U.S. Dominance
A little-known AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America’s best despite being …
Fitch Upgrades 10 Sri Lankan NBFIs’ Ratings, Affirms 8 Following National Scale Recalibration
Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan non-bank financial institutions (NBFIs) and affirmed the ratings of eight. This …
Sri Lanka Apparel achieves 5-pct export growth in 2024, Eyes in-country verticality to enable growth
Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly 5%, according to the Joint Apparel …
VIDEO: Sri Lanka revokes Adani Group’s controversial wind power project
The NPP Government has cancelled Ranil Wickremesinghe's cabinet decision to award the Mannar and Pooneryn wind power projects to Adani Green Energy at a price …
After A/L? “Meet your lecturer” at NSBM Green University this weekend
NSBM Green University, Sri Lanka’s premier degree-awarding institute, is hosting a special event this weekend for after A/L students to plan their future …