The Colombo Stock Exchange (CSE) has announced the introduction of two significant initiatives shortly, Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL), which are aimed at enhancing trading opportunities and flexibility for in

“I can speak the language and based on my previous experiences, I believe I can handle the work once I remigrate, and I don’t need further training,” says Herath Manike from Maho in Kurunegala. She has previously migrated to Kuwait and Jordan a

The Environment Ministry yesterday called for public comments on the National Policy on Climate Change (NPCC) 2023. The call for public comments is made to gather new insights to update the NCCP that was published in 2012. In a notice published, th

BBC: German car giant BMW has announced plans to invest hundreds of millions of pounds to prepare its Mini factory near Oxford to build a new generation of electric cars. Production of two new electric Mini models is due to begin at the plant in Cowl

The Sri Lanka Tourism Promotions Bureau (SLTPB) welcomed the very first set of top production houses of Bollywood over a six-day visit to explore film shooting locations. The visiting producers, including makers of Padmaavat, Bajirao Mastani, Gully B

CNN: US President Joe Biden, along with leaders of India, Saudi Arabia and the United Arab Emirates, announced on Saturday the launch of a new trade route connecting India to the Middle East and Europe through railways and ports. The White House said

This is why our user-friendly and intuitive online banking platforms and mobile apps enjoy such a high level of popularity among the users,” said People’s Bank Chairman Sujeewa Rajapakse. The bank’s online and mobile banking solutions cater to

As Sri Lanka grapples with its economic crisis and debt issues, the investor who has secured a contract from the Central Bank to recycle shredded currency notes has proposed an alternative that he claims is significantly more effective and profitable

The Japan International Cooperation Agency (JICA) will provide technical cooperation in the county reforms in the power sector by extending funding to the assignment of the senior lead advisor. The Cabinet appointed a senior lead advisor as the head

Sri Lanka has observed 74 percent increase in workers’ remittances during the first eight months of 2023, reaching nearly US$ 4 billion, compared to the corresponding period of the previous

As Sri Lanka appears to be gearing up for elections in the coming year, strong efforts must be made to stay within the path charted for reforms, or else the country would once again face dire...

In a recent appearance on the ‘1O1 Katha’ programme produced by the Presidential Media Division, the Chief Executive Officer of the Colombo Stock Exchange, Rajiva Bandaranaike, lauded President....

It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina Georgieva, said yesterday, while urging members of the G20 bloc to deliver on a promise...

A Turkish cryptocurrency boss and his two siblings have been jailed for 11,196 years each for defrauding investors of millions of dollars. Faruk Fatih Ozer, 29, fled to Albania....

The Securities and Exchange Commission of Sri Lanka has announced revisions to Corporate Governance Rules applicable to entities listed on the Colombo Stock Exchange with effect from 1st October...

Credit to the private sector by commercial banks continued to recover in July but at a significantly slower pace compared to the previous month when credit started rebounding after over a year of what was....

The Transportation Sector of John Keells Group (JKH) partnered the University of Moratuwa for the 15th consecutive year on its strategic collaboration with the Department of Transport Management &...

Expolanka Freight (EFL), a global leader in integrated logistics and supply chain solutions, has once again proven its commitment to excellence by securing two prestigious accolades at the National Business...

For the first time, the Singapore Airlines Colombo Airport Team won the ‘Soaring Team’ award by the Singapore Airlines HQ that was recently held at Shangri-La in Singapore. The award was presented...

People’s Bank announced the launch of its innovative People’s Mobile Point of Sale (People’s mPOS) solution, empowering small and micro-level businesses to accept card payments....

Internova Travel Group, one of the largest travel services companies in the world, continues to strengthen its global presence in the corporate travel arena. Classic Destinations...

The 2022 Annual Report of the Commercial Bank of Ceylon has won five awards at the 2023 MerComm ARC Awards, the world’s largest annual report competition, widely considered the “Academy Awards...

Ceylinco General Insurance announced the signing of an exclusive partnership with Fagxa, a renowned technology provider. This collaboration will offer the insuring public a comprehensive range....

Allianz Lanka, one of Sri Lanka’s leading insurers and a member of the global Allianz SE Group, recently relocated its state-of-the-art Customer Care Center, from Borella to Union Place. The move marks....

LOLC Finance PLC has demonstrated exceptional resilience and remarkable growth, a true testament to their resolute dedication and innovative strategies. Positioning impressively....

A celebration of the remarkable accomplishments within its Partnership Channel, which includes partner banks, financial institutions and brokers was recently hosted by HNB Assurance at the Water’s Edge....

DFCC Bank has achieved yet another remarkable milestone, having been selected as one of the ‘Top 5 Honourable Mentions’ at the esteemed CIMA-ICCSL-Daily FT ‘Most Admired Companies of Sri Lanka....

AyurEx Colombo 2023, the international conference on traditional medicine, educational exhibition and trade fair, kicked off yesterday at the BMICH. The event serves as a platform dedicated to showcasing the rich heritage and holistic principles of t

JAT Holdings PLC, Sri Lanka’s market leader in wood coatings and brushes, recently achieved a significant milestone, with the official groundbreaking ceremony of its state-of-the-art binder plant, in Horana.

Sri Lanka’s official foreign reserve assets saw a decline of 4.4 percent from the end of July to US $ 3,598 million by the conclusion of August.