Kotmale recently partnered the IRONKIDS Colombo event as principal sponsor, supporting nearly 400 young participants as part of the IRONMAN 70.3 Colombo Triathlon held in the city. While the internationally recognised IRONMAN event attracted athletes from around the world to compete across the scenic 70.3 km triathlon course, IRONKIDS providedContinue Reading
A Sri Lankan tea brand secured the highest price at this week tea auctions amounting to Rs 6,950. Accordingly, Maleesha Tea Factory, situated in Agalawatta in the Kalutara District, realized the highest price of Rs. 6,950 for a Premium Flowery (FBOPFSP) invoice, despite prevailing global market uncertainties. The line was sold through the catalogueContinue Reading
Sri Lanka was able to conclude its participation at the ITB 2026 on a successful note, attracting visitors both German and from all across the European Region. The Sri Lanka Pavilion was a major attraction throughout the entire event, with its traditional dance performances, culture and glamour, and the myriadContinue Reading
The Central Bank of Sri Lanka (CBSL) has initiated steps to conduct a nationwide survey aimed at gathering comprehensive data on financial inclusion in the country as part of efforts to formulate the National Financial Inclusion Strategy Phase II. According to the CBSL, the survey will be carried out acrossContinue Reading
Siyapatha Finance PLC, the largest subsidiary of Sampath Bank PLC and a prominent leader distinguished in Sri Lankaβs non-bank financial sector, announced its decision to raise a maximum of Rs. 3.75 billion through its debenture issue. The Board of Directors approved the decision to raise funds through the issuance onContinue Reading
Binance has secured its second major legal victory in the United States under the Anti-Terrorism Act (ATA) in just two weeks. A U.S. federal court in Alabama has dismissed all claims against Binance in a lawsuit alleging violations of the ATA. The decision follows closely on the heels of BinanceβsContinue Reading
Hatch, an innovation and entrepreneurship platform, today announced the successful conclusion of the second cohort of its GoviLab AgriTech Accelerator program, run in partnership with the Sarvodaya Shramadana Movement. The program is designed to champion technological innovation and scale-up high-potential solutions within Sri Lankaβs agricultural sector, with a specific focusContinue Reading
Euro Motors recently launched the T9 Hunters Rally, the inaugural event of the JAC T9 Owners Club in Sri Lanka, bringing together proud owners of the powerful pickup for a day that celebrated performance, adventure, and community. The rally marked a significant milestone for the rapidly growing network of JACContinue Reading
Senior Professor Hareendra Dissabandara, Chairman of the Securities and Exchange Commission of Sri Lanka, emphasized the importance of a robust regulatory framework and long-term market development while addressing the Second National Capital Markets Symposium organized by the Bar Association of Sri Lanka. Delivering the keynote speech at the event, Prof.Continue Reading
Chairman of New Energy Vehicle (NEV) Importers Association Mahinda Herath told the Daily News that the use of electric vehicles (EVs) in Sri Lanka is steadily increasing, reflecting a growing shift towards cleaner and more cost-efficient transportation. Industry data shows that EVs accounted for around 10 percent of passenger vehicleContinue Reading