Leading world expert on stopping hyperin flation, Steve Hanke took to twitter to advise Sri Lanka that the way out of the ongoing economic turmoil is to look at having a currency board.

Defying many forecasts and expectations, banks and finance companies have managed to do better on their asset quality parameters in 2021 even amid the worst economic conditions that prevailed due to the COVID resurgence and foreign currency troubles.

A ribbon cutting ceremony was held marking the official reopening of Club Hotel Dolphin to the public and heralding a new age in post-pandemic travel.

The Securities and Exchange Commission (SEC) Chairman Viraj Dayarane says the CFA Capital Market Awards is of immense service to the capital market .

As the technology partner for Sri Lanka Railways (SLR) for over a decade, SLT-Mobitel together with Sri Lanka Railways (SLR) marked a significant milestone on March 21, with the launch of the online seat reservation web portal and mobile app for comm

The dilemma of choosing the right university or college after high school mostly remains unanswered as there is a plethora of career choices available today for students.

The Central Bank, in a bid to collect foreign exchange to finance the crucial imports as well as to rebuild foreign reserves, directed the banks to sell 50 percent of the remittances and residual export proceeds they collect every week to the Central

The Supreme Court on Tuesday (22) issued an interim order preventing the Geological Survey and Mines Bureau (GSMB) from giving effect to a controversial decision to do away with the requirement to get environmental clearance from the Central Environm

Despite the continuous absence of policy support and a clear long-term strategy, Sri Lanka’s gem and jewellery industry is upbeat on nearly doubling the exports earnings to US $ 500 million this year, driven by the rising global demand.

Tourist arrivals as of the third week of March crossed the 75,000 mark, bringing the total arrivals to the country for the year to 254,150.

After coming into spotlight at Dubai Expo 2020 with a US $ 100 million worth sapphire masterpiece, Sri Lanka’s gem jewellery industry eyes to build up on the momentum and promote the Sri Lankan sapphire brand.

Sri Lanka recorded nearly a billion-dollar deficit in the trade account of the balance of payment in the first month of 2022, as the imports continued to run stronger while merchandise exports recorded its eighth consecutive month of over a billion-d

A number of Sri Lankan corporates could be in for a rude shock with the reversal of the direction of interest rates in the market, according to analysts.

The treasury bill yields rose across all maturities at yesterday’s auction, with the three-month yield rising by 75 basis points to 12.10 percent, providing an indication to the direction of the interest rates.

The Institute of Chartered Professional Managers of Sri Lanka (CPM) recognised Aitken Spence PLC among 10 best managed companies in Sri Lanka in a programme themed ‘Back to Business in the New Normal’.

BMICH organized a special programme for its lady staff members to celebrate International Women’s Day and acknowledge the significant contribution by the ladies of the BMICH/BCIS staff to make the institution the most sought after award winning MIC

ICBT Campus marked yet another big milestone recently when the new, state-of-the-art West Wing officially became part of the Main Campus in Colombo 04.

Maximus (Pvt) Ltd., won the Bronze Award in the paper and associated products category at the Industrial Excellence Awards organised by the Industrial Development Board (IDB).

Singer Sri Lanka PLC has clinched three prominent awards at the recent SLIM-KANTAR People’s Awards 2022, organized by the Sri Lanka Institute of Marketing (SLIM).

Textrip Company Pvt Ltd., part of the Elasto Group has won the CNCI Top 10 Awards of the year for the Top 10 Industries, and the National Bronze and Provincial Gold Awards in Extra large scale and manufacturing categories at the Industrial Excellence

The Women Friendly Workplace Awards 2022 (WFWP) jointly pioneered by www.satynmag.com and CIMA will commence its 2nd edition, with an interactive networking and learning event tomorrow (March 25) at 3.30 p.m. at Hotel Ramada, Colombo.

The newly arrived U.S. Ambassador to Sri Lanka, Julie J. Chung, met with the Board of Directors of the American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka) on March 16th.

In a ground-breaking initiative aimed at combatting fraud and corruption, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) joined hands with the US-based Association of Certified Fraud Examiners (ACFE) to launch an exclusive global

The masterplan for consolidation of Non-Bank Financial Institutions is progressing with a number of mergers taking place. The surge in share prices of finance companies that took place in the recent past is enough proof of shareholder expectationsfro

The Maritime Research Centre (MRC), Pune and NirDhwani Technology Pvt. Ltd. (NDT), in collaboration with the Institute of Contemporary Studies Bangalore (ICSB) and the Pathfinder Foundation, will host a webinar titled ‘India and the BIMSTEC: A New

The ‘Licence Raj’ created by the recent Extraordinary Gazette imposing import restrictions on 367 goods determined as ;non-essential’ by the Finance Ministry will add to the country’s economic woes and lead to new black markets and corruption

The Cabinet nod has been granted to appoint a ministerial committee on investment promotion chaired by President Gotabaya Rajapaksa with the objective of providing necessary policy and pragmatic solutions to promote investment opportunities in the co

The government expects to end the LP Gas shortage within the next 7-10 days with Litro Gas gradually moving to meet the market demand after securing letter of credit (LC) facilities, while Laugfs Gas is yet to receive green light for its letter of cr

The Supreme Court has given its approval for the Surcharge Tax Bill and has held the view that a simple majority in Parliament could approve it.

The Cabinet this week cleared the path to secure a Rs.300 million grant from India to implement Sri Lanka Unified Digital Identity Framework.