Oil prices jump as Strait of Hormuz standoff escalates
Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price...
Rs. 13.2 billion fraud at NDB : CBSL issues statement
The Central Bank of Sri Lanka says it has been informed by the National Development Bank PLC (NDB) of an...
Lankem Ceylon invests Rs. 3 billion in Sri Lanka’s first state of the art Single Super Phosphate Fertilizer (SSP) factory
Colombo, Sri Lanka, 30th March 2026: Lankem Ceylon PLC has unveiled ‘මඩ රජා’ (Mada Raja), Sri Lanka’s first locally manufactured...
5% GDP growth in 2025
The Department of Census and Statistics (DCS) reported that Sri Lanka’s Gross Domestic Product (GDP) is projected to grow by...
Oil tops $100 again despite historic release of reserves
Oil prices surged past $100 per barrel again overnight, three days after it hit a four-year high, as the US...
Nestlé Celebrates 120 Years of Working Together for Good in Sri Lanka
Nestlé Lanka Limited, the ‘Good Food Good Life’ company marks 120 years of operations in Sri Lanka this year. From...
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Prof. E. A. Weerasinghe, Founding Vice Chancellor of NSBM Green University, Honored as Most Visionary Leader – 2025 at the Sri Lankan Entrepreneur of the Year (SLEOTY) Awards
Prof. E. A. Weerasinghe, the Founding Vice Chancellor of NSBM Green University, was honored with the prestigious Most Visionary Leader Award - 2025 at the Sri Lankan Entrepreneur of the...
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People’s Insurance PLC Relocates Rathnapura Branch to Enhance Customer Convenience and Service Excellence
People’s Insurance PLC, one of Sri Lanka’s most trusted and fastest-growing General Insurance providers, proudly announced the relocation of its Rathnapura Branch to a new premises at No. 173, Main...
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People’s Insurance reports strong results with a 33% Revenue Growth and a strengthened Market Position in the first half of 2025
People’s Insurance PLC has announced robust financial results for the six months ended 30 June 2025, delivering 33% revenue growth, solid operational performance, and continued market confidence. The results reflect...
Aug 19, 2025
Econsulate launches Xavier 4.0 - Sri Lanka’s first in autonomous ground–air robotics
Xavier 4.0 is a mission-ready platform combining the power of the RG 311 UGV and the Beak B 150 UAV, designed and developed from the ground up, into one seamless...
Aug 19, 2025
Raja Jewellers Shines Bright with 2025 Diamond Day Celebration and Paragon Relaunch
Raja Jewellers, the undisputed monarch of the gold world, successfully concluded its highly anticipated Diamond Day Celebration 2025, marking a dazzling highlight in its annual promotional calendar. The recent spectacular...
Aug 18, 2025
Watch: Take the Next Bigger Crunch with SCAN Cassava Chips Range from C.W. Mackie PLC
(Colombo) CW Mackie PLC, a business group that has won the trust of Sri Lankan consumers, has introduced its latest 'Cassava Chips' under the popular 'Scan' brand. This move is...
Aug 14, 2025