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Union Assurance announces 12% Universal Life Dividend Rate for 2024

Sri Lanka, March 27 -- Union Assurance announced a 12 percent Universal Life Dividend Rate for the financial year 2024. This rate exceeds the Minimum Guaranteed Dividend Rate of 10 percent for the y... Read More


Samantha Dodanwela appointed Mercantile Produce Brokers' Chairman

Sri Lanka, March 27 -- Samantha Dodanwela, has been appointed as the new Chairman of Mercantile Produce Brokers (Pvt) Ltd with effect from 1 April 2025. Dodanwela, an old boy of Trinity College, Kand... Read More


KIA storms back into Sri Lanka with 'Sonet' smart urban SUV

Sri Lanka, March 27 -- Unveils all-new automotive masterpiece with 30+ first-in-class features KIA has stormed back into Sri Lanka's automotive limelight with the unveiling of the all-new Sonet compac... Read More


Ceylon Energy and HJT China celebrate major milestone in energy distribution across SL

Sri Lanka, March 27 -- Ceylon Energy, in partnership with HJT China, announced the successful completion of the Mahiyangana and Kappalthurei 33kV power distribution lines along with the Uhana Gantry t... Read More


Selling sentiment persists, yields stay resilient

Sri Lanka, March 27 -- Following the conclusion of the second monetary policy review for 2025, during which the overnight policy rate (OPR) was left unchanged, the secondary market saw sustained selli... Read More


Foreign buying continues

Sri Lanka, March 27 -- The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, John Keells Holdings and Hatton National Bank with the turnover crossing Rs. 1.6 Bn. A ... Read More


Emirates' A350 debuts in Sri Lanka

Sri Lanka, March 27 -- Pilots and flight crew of EK654 with Emirates' Airport Services team at BIA after the inaugural flight of Emirates A350 to Colombo Emirates' latest aircraft, Airbus A350, made ... Read More


Cargills continues to empower rural SMEs through Village to Home programme

Sri Lanka, March 27 -- A visit to Cargills Food City Pelawatte last weekend would have been a unique experience for any shopper. The Food City outlet was home to several small local businesses, all ea... Read More


February sees Rs.106bn in fresh credit

Sri Lanka, March 27 -- The provisional data from the Central Bank showed that the private sector credit was growing at a robust pace, picking up from December's rapid rise, ahead of the festive season... Read More


School students' research project shows Bengaluru lakes can ensure water self-reliance

New Delhi, March 26 -- Keeping pace with the rising water demand is a critical challenge faced by urban water supply departments globally. Bengaluru, once known as the 'City of Lakes' is a prime examp... Read More