The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Sampath Bank and LOLC Finance with the turnover crossing Rs. 1.5 bn. Similar behaviour was witnessed...

The Postgraduate Institute of Management (PIM) and Postgraduate Institute of Management Alumni (PIMA) held a joint press conference recently, marking a strong collaboration of two of the stalwart....

The International Finance Corporation (IFC) recently organised Sri Lanka Climate Finance Workshop to deliberate on the importance of climate finance opportunities and challenges for financial institutions...

The Digital Marketing Association of Sri Lanka (DMASL), the professional body for digital marketers in Sri Lanka, along with Dialog Axiata PLC, will be hosting Sri Lanka Digital Marketing Summit 2023....

Ushering in added convenience to the devotees, a cash recycle machine (CRM) was recently installed by People’s Bank in the upper sanctum of the historic Jaya Shri Maha Bodhi in Anuradhapura. Through this CRM....

DFCC Leasing, part of DFCC Bank, was recently recognised with a Gold award for its Process Improvement Lean Six Sigma Project, at National Convention on Quality and Productivity Awards 2022...

Central Bank Governor Dr. P. Nandalal Weerasinghe was recently invited to share his thoughts on the economy and its impact on the insurance industry, at the Executive Committee of the Insurance Association....

HNB FINANCE PLC (HNBF) recently launched a new Gold Loan Unit at its Norochcholai branch, located on Kalpitiya Road, Norochcholai. The launch event was....

Sri Lanka welcomed a total of 22,200 international visitors for the first eight days of June, maintaining a tourist inflow momentum similar to that of May.

Sri Lanka’s industrial production extended its declining trend to April, with most of the manufacturing segments remaining weak, on the back of softening global demand, seasonal patterns and lingering domestic conditions.

Tourism industry veteran and Jetwing Symphony PLC Chairman Hiran Cooray urged the authorities and industry stakeholders to ensure a strategy in place to target high yielding tourists in the proposed global communication campaign, by showcasing Sri La

Galadari Hotels Lanka PLC intends to rope in multinational hospitality management company Radisson Hotels Asia Pacific Investments Pte. Ltd to manage Galadari Hotel Colombo, under the name ‘Radisson Blu Hotel Galadari Colombo’, an Extraordinary G

BBC: US billionaire philanthropist George Soros has handed over the running of his US $ 25 billion (£19.9 billion) financial and charitable empire to his son Alex.

The Ceylon Chamber of Commerce, in collaboration with the International Labour Organisation (ILO), has announced the launch of SPARK – a national youth entrepreneurship competition for Sri Lanka’s next generation of entrepreneurs.

Research firm Research Intelligence Unit says the plantation companies remain optimistic about the revoking of the ban imposed on the usage of chemical fertiliser and see it as the ex-factor for a production boost in 2023, as compared with 2022.

Three years after Silicon Valley companies led the charge for embracing remote work in the early days of the pandemic, the tech industry is now escalating the fight to bring employees back into the office -— and igniting tensions with staff in the

In response to the economic crisis, Sri Lanka implemented import controls that expanded significantly by the end of 2022, accounting for approximately 30 percent of the country’s total import value (Figure 1). The controls affected various categori

Sri Lanka’s tourism sector should look to improve the pay scale of its workforce so that the talent pool can be retained to uplift the industry.....

State Minister of Finance Shehan Semasinghe said government lifting the import restrictions on 286 items will send a Shehan Semasinghe....

Import restrictions on 286 products were lifted from Friday (9th) night, the Finance Ministry said in a brief statement as Sri Lanka slowly comes....

India is actively considering providing assistance to extend the runway at Palali airport, a statement from Ministry of Ports and Aviation said. Ports

Remittance income has continued to show strength so far in 2023 after authorities managed to restore stability in the domestic foreign exchange....

State Finance Minister Ranjith Siyambalapitiya said Sri Lanka will fulfil all the agreement with the International Monetary Fund....

Meta has shown staff plans for a text-based social network designed to compete with Twitter, sources have told the BBC. It could allow ...

Fitch Ratings has upgraded Kotagala Plantations PLC’s National Long-Term Rating to ‘B+(lka)’, from ‘RD(lka)’. The Outlook is Negative. Fitch has simultaneously upgraded the National Long-Term Rating of Kotagala’s...

Vidullanka PLC last Friday officially commissioned a 2MW ground mounted solar plant in Horana through its fully owned subsidiary Horana Solar Power (Pvt) Ltd, the company announced in a stock....

The International Monetary Fund (IMF) last week said it expects the global sovereign debt roundtable to make “tangible” progress toward quicker debt restructurings for heavily indebted countries during....

The University Grants Commission (UGC) of Sri Lanka and the World Bank have joined forces to advance higher education operations in the South Asia Region (SAR).

SLT- Mobitel Enterprise, the National ICT Solutions Provider, dedicated in their service to delivering best-in-class technology for the enterprise segment has signed a bilateral agreement with SriLankan Airlines...

Cargills in collaboration with the Ministry of Agriculture’s ‘Hela Bojun’ programme is empowering women entrepreneurs through the ‘Cargills Lak Bojun’ initiative. This programme aims to create sustainable...