Sri Lanka is expected to witness a historic back-to-back contraction in 2023, which is likely to be followed by only tepid recovery in 2024, the Asian Development Bank (ADB) said in its latest economic outlook report.

Leading global duty free and travel retail operator, Flemingo Duty Free has won a US$ 2.5 million bid to operate a restaurant or retail outlet of an international chain at the departure area of the Bandaranaike International Airport (BIA) for a three

Swiss Hospitality and Management Academy (SHMA) of A. Baur & Co. (Pvt.) Ltd, also known as Baurs, a leading conglomerate with diversified business interests, recently signed a memorandum of understanding (MoU) with the Vocational Training Authority o

As the sun rises and sets on another day, the Sinhala and Tamil New Year draws closer and is almost upon us.

South Korean Ambassador to Sri Lanka Santhush Woonjin JEONG and Korea Trade Investment Promotion Agency Director General ColomboSon Joo Hong recently met with Port City Economic...

The Ceylon Golden Villa won the Gold in the Small Hospitality and Tourism category, at the Business World International Organisation (BWIO) Awards 2022 ceremony held in Colombo recently.

At the Annual General Meeting of the Institute of Supply and Materials Management (ISMM) held recently at the Organisation of Professional Associations (OPA) auditorium, Jayantha Gallehewa was unanimously elected as the 17th President of the ISMM.

The Association of Human Resource Professionals (AHRP), in partnership with the Society of Human Resource Management (SHRM) and Platinum Sponsor Zing HR, recently concluded its Human Resource Think Tank (HRTT) series for the fourth consecutive year.

CIPM Sri Lanka, the nation’s leader in human resource management, signed a memorandum of understanding (MoU) recently with the Faculty of Management of the KAATSU International University, Sri Lanka (KIU).

The Executive Council of the Ceylon National Chamber of Industries (CNCI) yesterday hailed Power and Energy Minister Kanchana Wijesekera....

The employee trade union at Sri Lanka Telecom PLC (SLT) yesterday staged a protest against the proposed restructuring.....

The president of the World Bank has told the BBC that he is concerned about some of the loans China has been making to developing economies....

Sri Lanka’s Central Bank is expected to keep interest rates unchanged at a policy meeting today, a month after a 100-basis-point increase ahead....

The Dutch companies are eager to explore investment opportunities in renewable energy, eco-labelling and sustainable agriculture, if Sri Lanka....

Oil prices soared yesterday after top producers unveiled a shock output cut of more than a million barrels per day, while equities mostly....

Indices closed in red as a result of price losses in counters such as Commercial Bank, Sampath Bank and Hatton National Bank with the turnover....

Continuing the lead first established two years ago as the first VMWare Verified Cloud provider in Sri Lanka, Dialog Enterprise Cloud now....

Chandi Dharmaratne has been appointed as the Chief People Officer of Axiata Digital Labs for its operations in Sri Lanka, Malaysia and Indonesia. Chandi is a HR professional...

FITIS pledged their support towards the National DIGIECON initiative 2030 to President Ranil Wickremesinghe at ceremony held at Temple Trees on March 30. Kanaka Herath, State Minister....

Samsung was recently awarded the SLIM Kantar People’s Youth Choice Brand of the Year 2023. This recognition is a testament to the electronic...

Microsoft Sri Lanka recently hosted a roundtable discussion titled “The Future of Cybersecurity: Embracing Zero Trust in a Digital Age”featuring industry experts, who shared valuable insights and best practices...

Huawei released its 2022 Annual Report recently. The company has reported steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues....

Senid Business Solutions PLC was audited and certified with the ISO/IEC 27001:2013 standard by the Bureau Veritas Certification Holding SAS – UK Branch. The certification is an international....

Abans Auto (Pvt) Ltd recently announced the introduction of Yadea electric bikes to the Sri Lankan market. Yadea, the ultimate electric bike with high-quality....

DIMO, a leading diversified conglomerate and the only Authorised General Distributor for Jeep vehicles in Sri Lanka, recently launched the Jeep Performance Centre, an enhanced after-sales facility....

The Sri Lanka Association of Racing Drivers & Riders (SLARDAR), the premier Motor Racing Club in Sri Lanka and Asian Motor Racing Club (AMRC), launched the ‘Sri Lanka Super Series 2023’ in partnership....

Federation Internaionale De L’Automobile (FIA) Region II organized an Ideas Forum for its members in Thailand from March 23 to 25. There was a one-day....

In a bid to have a strongly functioning stock exchange, the Securities and Exchange Commission (SEC) called on the auditors to step up efforts to ensure improved accuracy of financial reports and compliance....

The Chamber of Young Lankan Entrepreneurs (COYLE) has urged the government to engage business leaders in policymaking process to ensure fair, sustainable and economically-sound decisions. This call was...

Priyanka Jayatilake has taken the reins of KPMG Sri Lanka with effect from 01st April with his appointment as the Managing Partner. Priyanka Jayatilake....