Sri Lanka's budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody's Ratings said on Tuesday, a day after the island nation unveiled  its budget.

Global cybersecurity leader Kaspersky has appointed The Technocity Pvt Ltd as its exclusive distributor for Kaspersky Anti-Virus software (consumer category) in Sri Lanka and the Maldives.

The Embassy of Sri Lanka in Ankara promoted Sri Lanka’s rich cultural heritage, stunning natural landscapes, and diverse travel offerings at Travel EXPO 2024, which took place from 14 to 17 November at the ATO Congresium in Ankara.

ALFT Packaging, a pioneering manufacturer of Flexible packaging solutions in Sri Lanka, hosted a senior delegation from Nestlé Lanka, led by Bernhard Stefan, the Managing Director, offering an exclusive tour of its state-of-the-art facility and showcasing the range of industry-leading, world-class Flexible packaging solutions.

Fashion Bug, Sri Lanka's beloved fashion brand, proudly announces the grand reopening of its flagship outlet on Duplication Road, Colpetty. For over 25 years, this iconic store has catered to Colombo's fashion-forward shoppers, and with its recent upgrades, it is now set to offer an even more elevated shopping experience.

     

To mark this exciting milestone, Fashion Bug unveiled its much-anticipated Tinsel & Tidings Christmas collection on 21 November. The glamorous event was graced by special guests, Miss Sri Lanka for Miss World 2024, Anudi Gunasekara, and Face of Asia 2024, Julia Sonali, who revealed the season’s latest collection with style and flair.

The celebration was a grand festive affair, attracting fashion enthusiasts, public figures, and style influencers for an exclusive first look at the seasonal collection. The showcase aligns seamlessly with Fashion Bug’s seasonal campaign, aiming to bring a stylish edge to the year-end festivities.

Founded in 1994 with a team of seven, Fashion Bug has since evolved into a leading name, boasting 14 outlets island-wide with a workforce of over a thousand. Today, the brand takes pride in being a premium Sri Lankan fashion retailer, showcasing locally designed and manufactured collections while introducing global trends to the country.

Shoppers can now explore the upgraded flagship outlet, which has been created to provide a seamless shopping experience and a chic ambience for lifestyle enthusiasts. The new Tinsel & Tidings Christmas collection will soon be available at Fashion Bug outlets island-wide, offering the chance to explore the latest festive fashion trends. To make the season even more special, Fashion Bug has lined up exclusive savings and promotions for their customers.

Hayleys Fentons Limited was recognised at the prestigious SAFA Best Presented Annual Report Awards 2023. Organised by the South Asian Federation of Accountants (SAFA) in collaboration with the Institute of Chartered Accountants of Sri Lanka, the ceremony took place in Colombo on 11th November  2024.

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a new all-time high today (13), recording a remarkable growth of 169.53 points during the day. The index closed at 14,205.34 points, marking the highest value in its history.