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Budget 2025 charts clear path for stability and growth: Treasury Secretary

Srilanka, Feb. 27 -- The Budget 2025 is a critical milestone in Sri Lanka's economic recovery journey, as it has managed to strike a careful balance between maintaining fiscal discipline and addressin... Read More


January apparel exports up 22% YoY

Srilanka, Feb. 27 -- Sri Lanka's apparel exports grew 22.18 percent year-on-year (YoY) in January 2025, reaching US$ 437 million from US$ 357 million a year earlier. Exports to key markets saw strong... Read More


Higher illicit cigarette sales weigh on CTC's 4Q performance

Srilanka, Feb. 27 -- Ceylon Tobacco Company PLC (CTC) reported a decline in revenue and profit for the three months ended December 2024, its fiscal fourth quarter, attributing the weaker performance t... Read More


Shell-branded fuel station opens in Sri Lanka under RM Parks partnership

Srilanka, Feb. 27 -- The first Shell-branded fuel station in Sri Lanka opened yesterday at B.S. Cooray Filling Station, Ambathale, following a retail brand license agreement signed by Shell Brands Int... Read More


People's Bank gifts Apple iPhone 16 Pro to Social Media Draw winner

Srilanka, Feb. 27 -- People's Bank conducted the third phase of its initiative, selecting a lucky winner who took home a brand-new Apple iPhone 16 Pro by subscribing to People's Bank social media page... Read More


HNB Assurance wins Effie for 'Dola Duka' campaign

Srilanka, Feb. 27 -- HNB Assurance PLC was recognized with an Effie Award under the Insurance category for its 'Dola Duka' campaign. Notably, HNB Assurance was the only winner in this category, underl... Read More


Retail IT hosts premier tech event featuring industry experts

Srilanka, Feb. 27 -- Retail IT (Pvt) Ltd recently reaffirmed its market leadership by hosting 'Retail Technology Trends 2025' at Waters Edge. The event brought together over 150 retail professionals... Read More


Union Assurance launches mobileapp-enabled life insurance solutions

Srilanka, Feb. 27 -- Union Assurance has introduced a groundbreaking innovation in the sector with the launch of its mobileapp-enabled Life Insurance solutions. With Union Assurance's Clicklife App,... Read More


Atlas wins Gold and Bronze at Effie Awards

Srilanka, Feb. 27 -- Atlas announced its achievement at the Effie Awards 2025, securing both a Gold and a Bronze award for its campaign, 'Write Fast with Atlas Max.' The awards ceremony held recentl... Read More


PAYable surpasses Rs. 100 bn in transactions, empowering Lankan merchants to thrive

Srilanka, Feb. 27 -- PAYable, Sri Lanka's leading digital payment acceptance platform, celebrates a landmark achievement-crossing Rs. 100 billion in transactions. More than just a milestone, this su... Read More