Sri Lanka’s first-ever eSport Formula One (F1) Championship ended recently as a roaring success, with Seylan Bank as the Official Banking Partner.

Chem-Trend, a global leader in the design, development, and manufacturing of high-performance release agents, purging compounds, and other ancillary molding products recently celebrated a decade of outstanding success in Sri Lanka with ambitious plan

Dialog Axiata PLC recently announced the pre-order availability for the latest 5G-ready iPhone 13 mini, iPhone 13, iPhone 13 Pro and iPhone 13 Pro Max devices. Dialog’s offering of VoLTE, VoWiFi (Wi-Fi Calling) and eSIM capabilities are the perfect

Access Engineering PLC (AEL), the foremost civil engineering company in Sri Lanka, expanded its asphalt manufacturing plant operations by establishing a new asphalt plant at Daniston Estate in Horawala, Matugama recently, in addition to the asphalt p

Dr. Cornelius Boersch called on Board of Investment (BOI) Chairman Sanjaya Mohottala, as part of his visit itinerary in Sri Lanka.

The government sounded optimistic this week in the local tourism sector and aviation industry gathering steam to witness a fast-tracked recovery as several “positive” developments are taking place, which would allow the nation to reap the much-ne

Sri Lanka must step up efforts and act fast in addressing climate change as failing to do so would result in more falling into poverty, a session by the United Nations Development Programme (UNDP) on leveraging green financing for development highlig

Labour Minister Nimal Siripala de Silva has assured the Ceylon Bank Employees Union (CBEU) to take swift measures to safeguard the rights of the banking sector employees amidst multiple reports on their right violations by the employers.

The Central Bank will soon meet with the Credit Information Bureau of Sri Lanka (CRIB) and the banking sector to see how to facilitate borrowers who are seeking to obtain new facilities but unable to do so due to a soured credit scores caused predomi

Ex-Pack Corrugated Cartons (Pvt) Ltd. has decided to amend its claim on “market leadership” from its IPO prospectus to end the dispute fueled by Lanka Corrugated Carton Manufacturers Association (LCCMA) disputing the firm’s market leadership, a

First Capital Treasuries PLC, Sri Lanka’s leadingnon-bank primary dealer recently announced the firm’s intention to enter an Initial Public Offering (IPO).The IPO is scheduled for November 2021 subject to regulatory approval.

Oil hit a three-year high above US$ 86 a barrel yesterday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking overstretched.

A complete overhaul in the country’s incentive and education systems is of paramount importance to reverse brain drain, which has been a nagging issue for Sri Lanka, a trend which became more pronounced in the recent past due to a combination of fa

At a time when global commodities prices are on the climb, global medical glove prices are on a reverse path, plunging to half the levels from the 2021 first quarter, denting margins and thereby the profitability of local producers, but the weaker ru

Sri Lankan shares closed at a record high yesterday, driven by solid gains in financial stocks as equity markets reopened after a two-day holiday.

Although the Central Bank had one of the toughest spells in defending the rupee against the US dollar, it managed to emerge as a net purchaser of dollars in September—though by a little—from a net seller in August, during when Sri Lanka’s forei

This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride-hailing company amongst the world’s most agile global giants such as FedEx and Holubuva.

The Postgraduate Institute of Management Alumni Association (PIMA), Sri Lanka’s most active and largest body of MBA alumni in Sri Lanka, with a network of 5000 professionals and positioned as a leading think tank of a profound community of thought

Commercial Bank of Ceylon recently hosted a free webinar that explored opportunities in international markets for Sri Lankan exporters and aspiring traders.

CFA Society Sri Lanka, which is the local arm of the CFA Institute, has planned to celebrate this year’s Global Ethics Day with a webinar on taking ethical action in the age of AI, big data and IoT, on Monday, October 25, 2021, from 6:00 p.m. onwar

Sri Lanka Economic Summit 2021 (SLES 2021) is scheduled to be held on December 6 and 7 as a hybrid summit, catering to participants who would join online as well as participate in-person at Shangri-la Hotel.

Sri Lanka’s Joint Apparel Association Forum (JAAF) signed on as presenting partner for the sixth annual edition of the Responsible Fashion Summit (RFS).

Fulfilling its promise to touch people’s lives, Capital Alliance (CAL) is empowering private investors with the chance to capitalise on investment opportunities by subscribing to initial public offerings (IPOs) managed by CAL directly through its n

Ex-Pack Corrugated Cartons Limited’s Rs.700 million IPO was oversubscribed within minutes of opening yesterday.

The treasury bill yields across all three tenures rose at large margins again at the primary auction held on Monday, brought forward from Wednesday, due to the Poya holiday but the auction ended up accepting its entire issued amount, albeit skewed to

The treasury yields, which went on a continuous ride upwards since the lifting of the yield caps in mid-September, are likely to level off in the coming weeks, after the Central Bank decided to hold the key policy rates last week, likely bringing an

Sri Lanka’s producer prices, which measure the inflation facing the producers before such produce reaching the consumer, accelerated in August across all major economic activities from a month ago, while the overall index inched closer to double-di

The Cabinet this week decided to relax the government policies on the Trincomalee Harbour to attract investors for multiple heavy industries at the port.

Setting the record straight on the rising use of virtual currencies, which are also known as cryptocurrencies, the Central Bank said that the users ought to assume the risks associated in dealing with such currencies, as there is neither regulatory o