Oshada Senanayake has been appointed as the new Chairman of the Information and Communication Technology Agency (ICTA) of Sri Lanka.

The government would consider giving Sri Lankan expatriate workers a temporary facility to import a vehicle upon their return to Sri Lanka, State Minister of Finance, Money, Capital Markets and State Enterprise Resources Ajith Nivard Carbraal told Pa

Startups in Sri Lanka will receive fresh impetus over the next three years with leading global provider of information and communications technology (ICT) infrastructure and smart devices, Huawei announcing its decision to focus on the island nation

A writ petition has been filed in Court of Appeal seeking an order to quash awarding the supply of security stickers to an Indian security printing company by the Excise Department.

The Chartered Accountants of Sri Lanka (CA Sri Lanka) announced this week the launch of the Annual Report Awards 2021 which will have the marking system automated due to the ongoing Covid-19 crisis in the country.

The Taxation Committee of the Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a virtual webinar on ‘Highlights of Inland Revenue (Amendment) Act No. 10 of 2021’ today (August 5) from 6.00 p.m. – 8.00 p.m. via onli

North Lanka family foods (PVT) Ltd, a community investment in Pali, in Northern Sri Lanka by MA’S Tropical Food Processing (PVT) Ltd, has received the UN Food Systems Summit Best Small Business award.

Sri Lanka is unlikely to realize by 2030 the United Nations (UN) Sustainable Development Goal (SDG) on gender equality and women empowerment as lack of monitoring and accountability hinders the ability in moving in that direction although initiatives

Providing a first glimpse of how the broader telecommunication sector fared when distant working and learning became the norm during most of the June quarter, Sri Lanka Telecom PLC (SLT) saw a further uptake in its services from data to voice to othe

Property management company Colombo City Holdings PLC yesterday said it disposed a 47.2 perch land plot and a building on it in Union Place, Colombo 2 to Vision Care Optical Services (Private) Limited, for a consideration of Rs.575 million.

The International Monetary Fund (IMF) said on Monday its board of governors approved a US $ 650 billion allocation of IMF Special Drawing Rights and said its largest-ever distribution of monetary reserves would become effective August 23.

The Cabinet nod was granted this week to allocate a 65-acre land plot from the Horana Industrial City Development Project, located in Millewa, to State Pharmaceuticals Manufacturing Corporation (SPMC) to kick-start the construction of the first phase

Colombo’s newest state-of-the-art office tower, ‘The Offices’ at Cinnamon Life, has been chosen as the hub for leading global technology company HCL Technologies’ growth drive in Sri Lanka.

The food prices in the country continued to increase in July, according to Advocata’s Bath Curry Indicator (BCI), which expanded by 0.70 percent from the previous month.

The borrowings by the government from the commercial banks and Central Bank shot up in June, due to the tax-killing virus-related restrictions on economic activities, while the sale of liquor,

In an effort to speed up the authentication of goods produced in Sri Lanka, an online platform has been facilitated for exporters to obtain the Certificates of Origin (COO).

Lion Brewery (Ceylon) PLC paid Rs.4.0 billion in October 2014 to acquire the brands owned by Millers Brewery Limited,

The container throughput at the Port of Colombo recovered nearly touching the pre-pandemic levels in the first half of the year, with both domestic and transshipment volumes rebounding in the second quarter, the Sri Lanka Ports Authority (SLPA) data

Senkadagala Finance yesterday announced plans for a rights issue to raise up to Rs.474.5 million to help the company to maintain its capital adequacy requirements ordered by the Central Bank.

The securities market is to be introduced as a subject to the student education curriculum from the year 2023, the Securities and Exchange Commission (SEC) announced.

The final draft bill for the demutualisation of the Colombo Stock Exchange (CSE) is expected to be submitted to the Cabinet of Ministers for approval shortly, the Securities Exchange Commission (SEC) announced in its 2020 annual report, which was re

Pan Asia Banking Corporation PLC showed resilience during the three months ended in June (2Q21), as the lender pushed ahead its growth set forth at the start of the year while continuing to improve its key performance matrices such as asset quality,

The 32nd Annual General Meeting (AGM) of the Association of Professional Bankers (APB), Sri Lanka was held recently at the Galadari Hotel, Colombo where a minimum number of members attended the meeting physically in compliance with prevailing Heal

Exemplifying the quintessence of its vision of empowering aspirations, Citizens Development Business Finance (CDB) etched yet another milestone in its 25 year history by being ranked among the Top 50 of Sri Lanka’s Most Valuable Consumer Brands thi

In its next step to advance economic development and fulfill its pledge to contributing to a resilient Sri Lanka, DFCC Bank announces the ‘DFCC Krushibala’ credit scheme, introduced exclusively to assist SMEs and Corporatesengaged in the local Ag

Home Lands Skyline (Pvt) Ltd recently partnered with Sampath Bank PLC, as the exclusive project funding partner for the development of Santorini Resort Apartments and Residencies which is South Asia’s first Theme Park Style Resort Apartment and Res

DIMO, one of the leading conglomerates in Sri Lanka, has continued the expansion of its business portfolio by providing solutions to the market under Industrial, Nutrition and Construction Chemicals segments.

Singer (Sri Lanka) PLC announced the appointment of Falan Andrea as the new Brand Ambassador for Singer Hi-Fi range.

Rootcode recently announced the appointment of Mangala Perera as its new Chief Operating Officer for its global business operations.

The General Trading Division (GTD) of Browns Group offers a wide array of Makita cordless garden equipment powered by world famed Japanese technology.