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LOLC Finance sells Commercial Insurance Brokers' stake

Sri Lanka, April 2 -- LOLC Finance announced this week that it has disposed the entire stake held in Commercial Insurance Brokers (Pvt) Limited (CIB). LOLC Finance has disposed its 40 percent stake f... Read More


DFCC Bank plans wealth management and investment services arm

Sri Lanka, April 2 -- DFCC Bank yesterday said efforts are underway to establish a fully owned subsidiary to carry out wealth management and investment banking services. Its board of directors at a m... Read More


Tourism sees robust 1Q25 with monthly arrivals exceeding 200,000 mark

Sri Lanka, April 2 -- Sri Lanka's tourism sector demonstrated strong growth in the first quarter of 2025, with international visitor arrivals consistently surpassing the 200,000 mark each month, accor... Read More


Pest animal management "We have a problem, but we don't know its magnitude" -Prof. Kotagama

Sri Lanka, April 2 -- A discussion on "Pest Animals Management" organised by the Committee for the Popularization of Science (CPS) of Sri Lanka Association of the Advancement Science (SLAAS) was held ... Read More


A plea to the authorities

Sri Lanka, April 2 -- It is a shame that the government is treating lower income senior citizens with newfangled requirements from April 1st. Most don't earn 1.8 million rupees interest per annum on ... Read More


Government suffers teething pain, while people suffer greater pain

Sri Lanka, April 2 -- Teething is the process by which an infant's first teeth emerge through the gums. It usually occurs when an infant is between 6 and 10 months old and usually causes discomfort an... Read More


How the NPP govt. stabilised the economy by not delivering ruinous election promises

Sri Lanka, April 2 -- President Anura Kumara Dissanayake was quoted as saying in one of those election rallies: "It usually takes a decade for a bankrupt nation to make an economic comeback. But we ha... Read More


Mirihana marshlands being filled by organised groups

Sri Lanka, April 2 -- The boundary zone of this area is located in Madiwela and Jayewardenepura Kotte, and the land is owned by the Urban Development Authority. According to the Urban Development Auth... Read More


'Diesel Mafia' looms over Sri Lanka's solar power sector again

Sri Lanka, April 2 -- The Federation of Renewable Energy Developers (FRED) Sri Lanka yesterday raised serious concerns about a resurgence of the 'diesel mafia', accusing it of systematically moving to... Read More


Overwhelming response to new sperm bank

Colombo, April 2 -- The newly established sperm bank at Castle Street Hospital for Women in Colombo has already assisted six women, offering new hope to those struggling with infertility. Speaking to... Read More