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Baby Cheramy clinches People's Awards 2025

Sri Lanka, April 3 -- Baby Cheramy announced that it has been awarded the SLIM Kantar People's Best Baby Care Brand of the Year Award 2025. This recognition marks an incredible milestone in the brand... Read More


ACL Cables announces new board appointments

Sri Lanka, April 3 -- ACL Cables PLC has announced key changes to its Board of Directors, reinforcing the commitment to strong governance and strategic growth. Effective January 1, 2025, Emeritus Pr... Read More


Sampath Bank adjudged 'Best Commercial Card Issuer' by Visa

Sri Lanka, April 3 -- Sampath Bank was recognised as the Best Commercial Card Issuer in Sri Lanka for the second consecutive year by Visa, reaffirming its leadership in the commercial payments sector.... Read More


Association of Professional Bankers Sri Lanka announces 2025/26 Committee

Sri Lanka, April 3 -- The Association of Professional Bankers (APB) Sri Lanka has announced its committee for the 2025/26 term at its recent Annual General Meeting held at The Kingsbury Colombo. The... Read More


Sri Lanka yet to assess impact of US reciprocal tariffs

Sri Lanka, April 3 -- Sri Lanka is yet to assess the impact of the reciprocal tariffs imposed by the Trump administration, which take effect today, April 3, following the announcement on April 2. US P... Read More


DIMO pioneers fleet expansion with Tata SIGNA Prime Movers for ILM

Sri Lanka, April 3 -- DIMO, the sole authorized general distributor of Tata Motors in Sri Lanka, has completed the first large-scale fleet acquisition of Tata SIGNA Prime Movers to International Logis... Read More


Fitch rates BOC's Basel III subordinated debt 'A(EXP)(lka)'

Sri Lanka, April 3 -- Fitch Ratings yesterday assigned Bank of Ceylon's (BOC) (CCC+/CCC+/AA-(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs.15 billion an expec... Read More


Colombo joins Emirates' list of destinations for upgraded B777 experience

Sri Lanka, April 3 -- Emirates announced yesterday that Colombo would be among the next eight destinations to be served by the airline's B777s with the upgraded cabins, as the airline's retrofit progr... Read More


Cargills Bank says core operations unaffected by data breach

Sri Lanka, April 3 -- Cargills Bank yesterday said its core operations remain fully secure and functional, despite a cybersecurity incident that occurred last month. In a disclosure to the Colombo St... Read More


SL slapped with 44% reciprocal tariff by US

Sri Lanka, April 3 -- Sri Lanka has been slapped with 44 percent reciprocal tariff by the US, which would impact the local export sector, particularly apparel. According to President Donald Trump's ... Read More