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Indices close in red

Sri Lanka, Oct. 29 -- The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Senkadagala Finance and Sampath Bank with the turnover crossing Rs. 6.1 bn. A simil... Read More


Seylan Bank reports breakout performance for September quarter on higher loans

Sri Lanka, Oct. 29 -- As the banks' earnings roll in, Seylan Bank PLC reported some stellar financial performance for the three months ended in September 2025. This is as the bank accelerated growth i... Read More


CBSL names two new Deputy Governors

Sri Lanka, Oct. 29 -- The Central Bank has appointed Assistant Governors C. Amarasekara and K. G. P. Sirikumara as Deputy Governors, in line with a recommendation by its governing board. Dr. Amarasek... Read More


Experts urge flexible retirement and better elderly care as Sri Lanka ages rapidly

Sri Lanka, Oct. 29 -- With a quarter of Sri Lanka's population projected to be over the age of 60 by the early 2040s, experts are calling for more flexible retirement policies, adaptable working condi... Read More


Currency operations to get major upgrade with Hong Kong expertise

Sri Lanka, Oct. 29 -- Sri Lanka's financial infrastructure will be strengthened as the Central Bank moves to modernise its currency monitoring operations with the support of Giesecke & Devrient Asia P... Read More


Colombo Dockyard denies insider activity following unusual share movements

Sri Lanka, Oct. 29 -- Colombo Dockyard yesterday voiced concern over the recent spike in its share price, calling the activity "unusual and inexplicable" at a time when the company's financial distres... Read More


Sri Lanka's 400 MnKg tea target overambitious, says industry veteran

Sri Lanka, Oct. 29 -- Sri Lanka's plan to lift tea production to 400 million kilograms by 2030 faces steep challenges, from underinvestment to producer reluctance, according to Ceylon Tea Brokers PLC ... Read More


Rishini and Ashanthi honoured at Women Legends 2025

Sri Lanka, Oct. 29 -- Rishini Weeraratne, Editor of The Sun (Daily Mirror) and Head of Social Media at Wijeya Newspapers Limited, was honoured with the Legendary Woman of the Year 2025 Award for Pione... Read More


Michael Kors commits US$ 2.7 million to feed Sri Lankan Children and support local farmers through WFP

Sri Lanka, Oct. 29 -- United Nations World Food Programme (WFP) welcomes a contribution of US $2.7 million from global fashion brand, Michael Kors to bolster Sri Lanka's National School Meals Programm... Read More


Cinnamon Trade Spicing up the killer quill

Sri Lanka, Oct. 29 -- Sri Lanka's cinnamon industry has rewritten its story, shedding colonial monopolies to emerge as a dynamic, privately driven sector. Boosted by higher quality standards, institut... Read More