HUTCH Enterprise unlocks world-class global solutions to level up Lankan businesses
HUTCH Sri Lanka is leveraging its international pedigree to bring the best of enterprise solutions to help Sri Lankan businesses leapfrog into a new era. As the country pushes forward with its digital ambitions, the company, backed by its parent, the global Fortune 500 giant – CK Hutchison Holdings, sees this as the right time…
Sancharaka Udawa to boost country’s tourism recovery and global positioning
Sri Lanka’s flagship travel and tourism exhibition, Sancharaka Udawa 2026, will take place on May 15 and 16, bringing together a strong line-up of international buyers and local industry stakeholders in a move expected to boost the country’s tourism recovery and global positioning. The 13th edition of the exhibition, organised by the Sri Lanka Association…
Sri Lanka Insurance Vehemently Rejects False Claims on Treasury Bond Investment
This statement is with reference to the media briefing and social media posts being made against SLIC’s investment in treasury bond auction on 9th April 2026. On 6th April 2026, Public Debt Management Office (PDMO) of Ministry of Finance, Planning and Economic Development made a public announcement of a treasury bond auction held on 9…
சர்வதேச நிகழ்வு முகாமைத்துவம் மற்றும் சந்தைப்படுத்தல் கற்கைகளுக்கான டிப்ளோமா
உலகளாவிய நிகழ்வுகள் தொடர்பான துறையில் விசேட நிபுணத்துவத்தின் அதிகரித்து வரும் தேவையை பூர்த்தி செய்யும் வகையில், Saegis Campus மற்றும் Pearson UK ஆகியவற்றுடன் இணைந்து ‘Diploma in International Event Management & Marketing Studies’ (சர்வதேச நிகழ்வு முகாமைத்துவம் மற்றும் சந்தைப்படுத்தல் கற்கைகளுக்கான டிப்ளோமா) அறிமுகத்தை இலங்கை நிகழ்வு முகாமைத்துவ சங்கம் (EMA) அறிவித்துள்ளது. இந்த மூலோபாயக் கூட்டாண்மையானது Saegis வளாகத்தின் தலைவர் பண்டார திஸாநாயக்க மற்றும் துணைவேந்தரும் பிரதம நிறைவேற்று அதிகாரியுமான ஓய்வுபெற்ற…
DIMO Engine Care Elevates Precision Engineering with a State‑of‑the‑Art, Customer‑Centric Facility
DIMO’s Engine Care unit, one of the company’s long-standing and most technically specialized operations, has undergone a significant transformation, marking a new chapter in its evolution from a traditionally expertise-driven workshop into a modern, customer-focused engineering facility. Its profound technical expertise in handling intricate engine overhauling and machining requirements has long been acknowledged, and it…
New laws to protect investments, foster PPPs
The Sri Lankan economy has become predictable and stable, enhancing investment opportunities with the Government undertaking institutional reforms through digitization, creating a single window for trade and investments Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe told the Global Innovation & Leadership Summit held in Colombo on May 2. Large-scale infrastructure projects, including highways…
Investor confidence underscores Vallibel Finance expansion drift
Vallibel Finance has successfully raised over Rs. 2.1 billion through its Rights Issue, which was oversubscribed, reflecting strong investor confidence in the company’s strategic direction and long-term growth prospects. The Rights Issue, which involved the issuance of 29,431,675 new ordinary voting shares at Rs. 72 each, was offered to existing shareholders in the proportion of…
‘VAT increased to 20.5%’ claim false
Deputy Minister of Economic Development Nishantha Jayaweera emphasizes that the claims circulating on social media that the Value Added Tax (VAT) has been increased to 20.5 percent based on a recently issued gazette notification by the government, are completely false and baseless. Speaking at a special media briefing held at the Ministry of Finance in…
NDB posts LKR 1.75 Bn PAT for 1Q, after adjusting financial impact of fraud
This financial results of the National Development Bank PLC (NDB) for its first quarter ended March 31, 2026 (1Q 2026), represent the Bank’s earlier corporate disclosures as released to the Colombo Stock Exchange on April 2, 2026, April 6, 2026 and April 23, 2026. The breakdown of the estimated financial impact of the fraud of…
Cumulative current account surplus to US$ 531Mn in 1Q- 2026
The external current account recorded a marginal surplus in March 2026, mainly supported by higher workers’ remittances and a lower primary income deficit, despite a widening of the trade deficit and a moderation in the services surplus compared to a year earlier. The cumulative current account surplus reached US$ 531 million during the first quarter…