The fact that the long-term bond yields have trended downwards in recent times steeper than the short-term yields reflects the confidence in the investing community over the future trajectory of the economy, according to the Central Bank Governor.

Publicis Groupe recently announced that it has appointed Sapna Seneviratne as CEO, Publicis Groupe Sri Lanka.

Cable maker ACL Cables PLC posted Rs. 5.1 billion post-tax profit for the first half ended September 30, 2022 (1H23), compared to a post-tax profit of Rs.1.4 billion reported for the corresponding period of the previous year.

At a time when enhancing profitability of public enterprises is an urgent need to boost the country’s economy, the revival and turnaround of Gal Oya Plantations (formerly known as Hingurana Sugar factory) by LOLC is an embodiment of how the nation

National Apprentice and Industrial Training Authority (NAITA) in collaboration with Huawei recently awarded certificates to first batch of 240 students, who participated in the advanced technology in telecommunication course, through a joint initiati

Shanil Fernando, Co-Founder and Managing Director of Sysco LABS Sri Lanka, recently spoke at the ‘Employing Tomorrow’s HR Today: The CEO’s Perspective’ panel discussion organized by the Association of HR Professionals Sri Lanka (AHRP).

IFS, the global cloud enterprise software company has reported its financial results for 3Q year-to-date (YTD) ending September 30, 2022.

Sri Lanka’s mismanaged economy has no choice but to get its structural reforms correct this time round or else would find itself plunging into deeper troubles that would be difficult to return from, a senior economist stressed.

The recent relaxation of restrictions imposed on several import items might result in some liquidity pressure on the foreign exchange front, a top banker warned.

Commercial Bank of Ceylon has introduced digital receipts for ATM transactions, another green banking initiative that is not only environment friendly but enhances convenience to customers, cuts down on transaction charges and reduces paper wastage.

Boosting the revival of the tourism industry in Sri Lanka, Hapag Lloyd Lanka ushers in super luxury cruise Mein Schiff 5 today, at the Port of Colombo and the cruise will be calling the Port of Hambantota tomorrow.

If Sri Lanka misses the December target, which now appears to be bit of a stretch, the country could still activate the International Monetary Fund (IMF) rescue package to unlock US$ 2.9 billion over a four-year span as very good progress is being ma

Ahead of the challenging period expected, marked by looming tax increases, coupled with fears of a potential domestic debt ....

Bingumal Thewarathanthri expects the current high interest rate regime to remain until the country secures the approval for US$ 2.9 billion....

CB says tight monetary policy helped in crushing demand and curtailing imports in parity with exports The Central Bank....

The CT CLSA South Asia Frontier Forum will open today, with the participation of foreign and local institutional investors. Overcoming....

The Central Bank chief last week said that the prevailing uncertainty over domestic debt restructuring had already priced into the government....

Nawaloka Hospitals PLC continued to report losses through the second fiscal quarter ended in September 2022 as the revenues fell....

Sri Lanka’s fastest growing life insurer Softlogic Life was recently honoured for its creative and clutter-breaking marketing campaigns....

Sri Lanka’s largest SME-friendly bank HNB PLC partnered with the Sri Lanka Agripreneures Forum to support small and medium-sized ....

HNB Assurance PLC (HNBA) and its fully-owned subsidiary HNB General Insurance Ltd (HNBGI) recently held its Annual Staff....

Nations Trust Bank American Express invites its valuable cardmembers to ‘Cherish togetherness #WithAmex’, as they celebrate the festive season with many benefits and privileges. This festive....

Commercial Bank of Ceylon is offering discounts of up to 50 percent at more than 3,500 merchant outlets around the country for the bank’s credit and debit cardholders. The bank has....

Green bonds can help to achieve the goal of a low-carbon world and cumulative issuances have already reached US $ 1 trillion. As the market for green bonds continues to grow, investors need to understand...

SriLankan Airlines is set to partner with Raid Amazones 2023 for the second consecutive year, with the aim of reaffirming Sri Lanka’s stature as a sought-after tourist destination among the discerning....

The Sri Lanka Institute of Marketing (SLIM), the national body for marketing in Sri Lanka, announces the extension of the deadline for entries for the SLIM National Sales Awards, until December....

The leading conglomerate LOLC Group extended its MoU with the Alumni Association of the University of Colombo (UoC), for another year up to 2023. The UoC Alumni....

The tourist arrivals to the country for the first 20 days of November totalled 37,490, resulting in the total number of international visitors entering the country crossing the 600,000 mark.

Sri Lanka received a contribution of Rs.190 million from France, via the United Nations World Food Programme (WFP), as emergency response for children and families affected by the country’s worst economic crisis in decades.