The Sri Lanka–Bangladesh Business Council (SLBBC) of The Ceylon Chamber of Commerce held its 1st Annual General Meeting (AGM) on November 28 at the Hilton Colombo Residence.

Sri Lanka’s merchandise export earnings in October 2024 climbed to US$ 1.097 billion, marking an 18.22 percent year-on-year increase, driven by higher earnings from key export categories, including apparel and textiles, tea, rubber-based products,

Sri Lanka’s commercial banks saw their total outstanding credit to the private sector expanding unabated by another Rs. 74.3 billion in October 2024.

The proposed Imputed Rental Income Tax next year could encourage a trend among Sri Lankan people to rent homes over homeownership which directly conflicts with the country’s housing policy, according to a KPMG tax expert.

Union Bank of Colombo yesterday announced the appointment of Nirvana Chaudhary, Non-Independent Non-Executive Director, as the Deputy Chairman of the Bank, effective 2 December.

Sri Lanka welcomed 184,158 international visitors in November, achieving the conservative scenario target set for the month. However, it fell short of the optimistic target of 198,069 arrivals.

The Secondary market yield curves edged up slightly yesterday as investors opted to maintain a profit-takingstance for the 2nd consecutive day, continuing from the previous day amidst moderate trading volumes.

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Central Finance Company and Royal Ceramics with the turnover crossing Rs. 3.2 bn.

Union Assurance, Sri Lanka’s premier Life Insurance provider, has posted impressive financial results for the third quarter of 2024, reflecting substantial growth and operational excellence.

Sinopec, a global leader in the energy sector, has marked another significant milestone in Sri Lanka with the co-launch of the Energy Talent Growth Programme in Colombo and Beijing.

The Association of Chartered Certified Accountants (ACCA) will mark a significant occasion this weekend as it celebrates 120 years since its creation.

The board of directors of Union Bank announced the appointment of Dr. Dharmasri Kumaratunge as an Independent, Non-Executive Director.

Curtin University officially launched its newest global campus, Curtin University Colombo, at a gala event in Sri Lanka.

Sri Lanka, an island nation with rich resources and a strategic location, is at a critical juncture in its economic development. To recover sustainably from the recent economic crisis, the country needs a strategic approach to revitalise its industri

As part of the Nestlé Coconut Development Plan – the ‘Good Food Good Life’ company partnered with the Coconut Cultivation Board of Sri Lanka (CCB) to conduct a two-day training programme for coconut farmers. Conducted at the CCB’s Coconut D

A. Baur & Co. (Pvt.) Ltd, also known as Baurs, is a name synonymous with diverse industry sectors in Sri Lanka, including a distinctive reputation for being a pioneering and innovative agriculture expert, actively blending both scientific and profess

The United Kingdom (UK)-Sri Lanka Trade Mission, part of the UK government-funded SheTrades Commonwealth+ Programme, is connecting 13 UK companies with 45 Sri Lankan women entrepreneurs until December 6, 2024.

Chaudhary Group (CG) Corp Global, a Nepal-based multinational conglomerate, reaffirmed its commitment to Sri Lanka yesterday, pledging to remain invested in the long term while identifying opportunities to expand further.

Sri Lanka will not be able to afford a large public sector in the near future and will soon need to start reducing the number of state employees, a senior advisor to the president said yesterday.

Sri Lanka has been ranked among the top five destinations in the world for long vacations in a study conducted by Ubuy India, a global e-commerce platform.

Sri Lanka’s construction industry said it is still uncertain about receiving its much-awaited tax concessions, as the industry stakeholders opine that the government’s requirement to meet the International Monetary Fund (IMF)-driven fiscal target

The Port of Colombo witnessed a strong resurgence in transshipment volumes for the second consecutive month in October, signalling a significant easing of congestion that had previously caused inefficiencies and impacted the port’s competitiveness.

The ASPI closed in green as a result of price gains in counters such as Hayleys, Aitken Spence and Access Engineering with the turnover crossing Rs. 2.3 Bn.

The secondary market yield curve remained broadly unchanged, marked by slight profit-taking and moderate volumes.

The Board of Investment (BOI) of Sri Lanka has entered into a collaboration deal worth US$ 7.25 million to kick start a mixed development project in Colombo 03.

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has unveiled a fully AI-generated TV commercial, setting a new benchmark for AI-driven advertising in Sri Lanka.

CMA Sri Lanka will hold its 10th Anniversary Awards Celebrations of “CMA Excellence in Integrated Reporting Awards-2024” with its Strategic Partner Colombo Stock Exchange today from 10.00am to 1.00pm at Hotel Taj Samudra.

Global warming is accelerating due to a range of environmental factors, posing significant risks to the agriculture industry worldwide.

Ceylon Tobacco Company PLC (CTC) recently held its annual Distributor Awards ceremony at the Sri Lanka Exhibition Convention Centre (SLECC).

A delegation representing the Bangladesh Employers Federation (BEF) recently concluded a two-day exchange programme in Sri Lanka, organized under the initiative of the Bureau for Employers’ Activities (ACT/EMP) Delhi of the International Labour Org