David Pieris Group Launches Social Empowerment Drive from Batticaloa
Reinforcing its longstanding commitment to community development and inclusive social progress, the David Pieris Group officially launched its Social Empowerment Drive – Batticaloa, a comprehensive five-day community outreach initiative, on...
Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
Oil prices settled up more than 9% on Monday at a one-month high after news that a United States' naval...
CBL Group appoints Sheamalee Wickramasingha as Chairman
CBL Investments Limited and its group of companies (CBL Group), one of Sri Lanka's leading and most diversified food manufacturing...
Home Lands Breaks Ground on ‘Central Park Boulevard Port City Colombo’, Commencing Construction of The Indian Ocean's Next Wonder
Market leader, Home Lands Group, officially commenced construction of Central Park Boulevard Port City Colombo with a ceremonial groundbreaking held...
Arjun Jeger of DC Group Named in Campaign Asia’s 40 Under 40
Colombo, Sri Lanka: Arjun Jeger, Co-Founder and Managing Partner of DC Group, has been named to Campaign Asia’s prestigious 40...
A New Global Marina Front Address for Sri Lanka Presented by Prime & Melwa
Prime and Melwa have unveiled the Prime Marina Sales Suite at Port City Colombo, a first of its kind in...
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Gas Stocks and Supply Situation Remain Stable – Continuous Supply Assured
(Colombo) Currently, gas stocks in the Maldives’ Floating Storage are sufficient for the entire month of April, and all required stocks have been successfully received. A vessel carrying 32,400 metric...
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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 internal fraud that could result in a significant financial loss,...
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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 Single Super Phosphate (SSP) fertilizer, marking a significant milestone in...
4 months ago
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 5% in 2025. At constant 2015 prices, the GDP...
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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 and Israel’s war with Iran continues to have a historic...
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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 its humble beginnings in 1906, Nestlé Lanka is now the...
4 months ago