A business delegation of the Sverdlovsk Region of the Russian Federation recently paid a courtesy visit to the Board of Investment of Sri Lanka (BOI) and called on BOI Chairman Dinesh Weerakkody, Director General M. Weerakone and other top officials.

The Sri Lanka Institute of Directors (SLID) and Ernst & Young, Sri Lanka (EY) will be launching the exclusive Survey Report 2022 on Board IT Governance on January 31 at the Cinnamon Lakeside, Colombo.

Overnight liquidity in the interbank market narrowed its deficit significantly and at times turned positive after the Central Bank announced limits on access to its standing facility windows from the middle of this month.

Sri Lanka has moved closer to securing a crucial $2.9 billion loan from the International Monetary Fund (IMF) after India offered Sri Lanka the assurances it needed from its major creditors for the bailout package.

Irrespective of the turbulent business environment, Lanka IOC (LIOC) succeeded in extending its robust performance in the previous two quarters on to the third quarter ended December....

The Cabinet green light has been granted to promptly implement an e-license programme at the Import and Export Control Department with a US$ 280,000 grant from the United....

The Cabinet nod has been granted to enter into an agreement with the Colombo International Container Terminal (CICT), a unit of China Merchant Ports Group, to setup a cargo service centre in the Battenberg...

First Capital Research (FCR) assigned a 50 percent probability for the Central Bank to leave the key policy rates unchanged at the monetary policy announcement scheduled for today....

The Cabinet has cleared the path for Airports and Aviation Services (Sri Lanka) Private Limited to raise the air navigation fees for international flights flying over the Colombo Flight Information Region....

The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it will support the country’s efforts to secure a US$ 2.9 billion loan from the International Monetary Fund....

The Cabinet nod has been granted to enter into an accord with the Kingdom of Saudi Arabia to prevent double taxation and tax evasion. President Ranil Wickremesinghe...

The ASPI closed in red as a result of price losses in counters such as Vallibel One, Hayleys and Expolanka Holdings with the turnover crossing Rs. 1.4 bn. A similar behaviour....

Colombo Dockyard PLC (CDPLC) is confident of generating over US $ 80 million forex revenue through shipbuilding and ship repairing operations this year. “We are en route to generate...

The golden jubilee partnership between Singapore Airlines and Aitken Spence as the general sales agent (GSA) in Sri Lanka was recently celebrated in grandeur at The Stables, Park Street Mews...

Apollo Tyres, the leading tyre manufacturer, in partnership with the Telangana government, has announced the launch of a Digital Innovation Centre in Hyderabad and Canvas (Pvt.) Ltd, the leading interior design...

The 34th Annual General Meeting of the Computer Society of Sri Lanka (CSSL) was held recently and the new Executive Council for the year 2022/2023 was duly elected. UCSC Director Dr. Ajantha S. Atukorale....

Dotitude, the university outreach initiative by leading technology company 99x, completed 2022 empowering more than 2,000 IT undergraduates across Sri Lanka. Dotitude has been in operation....

Trainocate SEANM was awarded Special Recognition-Learning Partner for Sri Lanka 2022 at the Microsoft Partner Awards ceremony held at Shangri-La recently. Trainocate collaborated with Microsoft....

Boost Hotels by Intahub Private Limited, a leading hospitality and retail accounting ERP software solution provider, was conferred and recognised as the only hospitality solutions software.....

CBC Tech Solutions Limited, a fully-owned information technology subsidiary of Commercial Bank of Ceylon, has been appointed as a retail partner for Lenovo products in Sri Lanka and will continue to offer....

Sri Lanka Export Development Board (EDB) presents its flagship statistical publication ‘Export Performance Indicators 2021’. The latest edition....

Media personality Kumar de Silva celebrates a successful decade in corporate etiquette training this year. In the past 10 years, several thousand of corporates, both young and old, have been through...

The inauguration ceremony of the launching of the Action Programme (2023) of the Institute of Chemistry Ceylon for Contributing to Economic Development through Professional Development of Chemists....

The tax revenue expected from the Customs and Excise Departments will fall short of Rs.10 billion this month, according to State Minister of Finance Ranjith Siyambalaptiya.

Sri Lanka’s countrywide consumer prices, measured by the National Consumer Price Index (NCPI), eased in December for the third month in a row, reflecting that the prices are continuing on their disinflation path after they peaked in September.

Sri Lanka’s tea production, as expected, declined by 48 million kilos or 16 percent in 2022, compared with 2021, on the back of the fertiliser issue and disruptions faced in the middle part of the year.

Tourists visiting Indonesia will not be charged under a new law which will criminalise sex outside marriage, officials say.

With the talks of shipping industry liberalisation coming back to the fore, the Ceylon Association of Shipping Agents (CASA) recently warned that easing of foreign ownership restrictions would lead to foreign exchange outflows,

Asia’s richest man Gautam Adani says he is addicted to ChatGPT, the powerful new AI tool that interacts with users in an eerily convincing and conversational way.

Sri Lanka’s poultry and chicken industry stakeholders have expressed willingness to reach a collective agreement for the advancement of poultry and egg,