Empowering Sri Lanka’s Sustainable Future through Responsible Growth Singer (Sri Lanka) PLC, the nation’s most trusted name in consumer durables and a proud member of the Hayleys Group, has unveiled its comprehensive Environmental, Social, and Governance (ESG) Roadmap 2030, themed “Progress Through Purpose.” This milestone initiative underscores Singer’s deep commitment to integrating sustainability across every…
Reuters – Marks & Spencer is revamping its supply chain from “factory to floor”, the retailer’s new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly 3 billion pounds ($4 billion). John Lyttle, who joined M&S, opens new tab as managing director fashion, home and beauty in March, said…
Colombo’s iconic Galadari Hotel is expected to reopen in the second quarter of 2026, following a comprehensive refurbishment project, the company announced in a filing to the Colombo Stock Exchange (CSE). The announcement, made by Galadari Hotels (Lanka) PLC, follows a series of previous disclosures dating back to 2019 regarding the ongoing redevelopment of the…
Loan book grows by Rs. 381 Bn. in 9 months to Rs. 1.91 Tn., disbursements average Rs. 42.39 Bn. per month Lending momentum picks up in Q3 at a monthly average of Rs. 58.51 Bn. CASA ratio improves to 39.92% from 38.07% at end of 2024 Group net interest income up 16.30% to Rs. 103.48…
DFCC Bank PLC (“DFCC Bank”) is pleased to announce that it has entered into a binding Business Sale Agreement with Standard Chartered Bank, United Kingdom, acting through its branch in Sri Lanka (“SCB Sri Lanka”), to acquire the wealth and retail banking business of SCB Sri Lanka. The proposed acquisition covers all of SCB Sri…
Ambassador Shobini Gunasekera, concurrently accredited to the Republic of Belarus, held a number of meetings with Belarus authorities including the National Center for Marketing, the Belarus Chamber of Commerce and Industry, and Bellegprom Concern, aimed at exploring avenues for economic cooperation and employment opportunities for Sri Lankan skilled work force in Belarus. During the meeting with Director General of…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, in partnership with the Marine Environment Protection Authority (MEPA), under the Ministry of Environment, has unveiled Sri Lanka’s first 5G-enabled autonomous water-surface cleaning robot. Designed to collect floating waste and monitor environmental conditions in real time, this pioneering innovation demonstrates the transformative potential of 5G in enabling…
The 15th World Socialism Forum under the theme ‘At the Crossroads of World History: The Choice of All Nations’ was held in Beijing last week & was attended by approx 100 foreign participants. At a time the world is witnessing increased acts of protectionism, unilateralism & geopolitical tensions, Socialist China’s path along the Belt & Road…
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Beijing and the Consulate General of Sri Lanka in Shanghai, successfully organized Sri Lanka’s national participation at the 8th edition of the China International Import Expo (CIIE) 2025, held from 5th to 10th November 2025 at the National Exhibition &…
A progress review meeting of the Ministry of Digital Economy for the year 2025 was held yesterday (11) at the Ministry premises, under the patronage of President and Minister of Digital Economy, Anura Kumara Dissanayake The discussion focused on assessing the progress and future strategies of digital development projects implemented by the institutions under the…
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