News

Launch of the Addendum on Responsible Business Conduct Handbook on Doing Business in Sri Lanka Responsible Business Conduct (RBC) as defined by the OECD Guidelines for Multinational Enterprises revolves around the key principle of due diligence, which means the responsibility...

A four member delegation from India comprising of Armed Forces instructors from Defence Services Staff College, Wellington and Military Institute of Technology, Pune visited Sri Lanka from 07- 12 November 2022. The delegation conducted a training capsule for Sri Lanka...

Consolidated revenue of Rs. 24.9 billionPAT increased by 28.2% YoY to Rs. 3.2 billionHealthcare revenue up 35.9% YoY to Rs. 11.6 billionAcquisition led growth in Consumer, revenue up 128.4% to Rs. 8.6 billion  Agri revenue up 34.4% YoY to Rs....

Total operating income doubles to Rs 100 BnImpairment for first nine months exceeds Rs 60 Bn Local currency deposits grow by Rs 146 BnTier I capital ratio and total capital ratio at 11.31% and 14.36%, respectivelyLiquidity coverage ratio at 218.5% Hatton...

Top emerging talent will be heading to Sri Lanka in 2024 for the U19 Men’s Cricket World Cup, as the ICC Board announced host countries for U19 events between 2024 and 2027. Zimbabwe and Namibia, Malaysia and Thailand, and Bangladesh...

Sri Lanka had to settle for fourth place in the second leg of the Asian Rugby Sevens Series 2022 after losing 24-07 to the Philippines in the match for third place. Sri Lanka got off to a bright start but...

At least six people have been killed and 81 wounded in an explosion in a busy area of central Istanbul, Turkish authorities have said. The blast happened at about 16:20 local time (13:20 GMT) on a shopping street in the...

Democrats held onto control of the U.S. Senate, handing a major victory to President Joe Biden and extinguishing hopes of the "red wave" that Republicans had expected leading into the midterm elections. Biden, who struggled with low approval ratings ahead...

The captain of the Sri Lankan women's rugby team, Dulani Pallekondage, who has come to South Korea to participate in the second phase of the Asian seven-a-side rugby tournament, has gone missing after the tournament. The Namdong Police in Incheon...

President Ranil Wickremesinghe's budget for the first year as the Finance Minister is scheduled to be presented tomorrow. Here, the MP commented on many of the issues in the budget as follows.