Samsung Electronics was recently recognized by Interbrand, a global brand consultancy, as one of the top five in the Best Global Brands 2022.

Bodyline (Pvt.) Ltd is celebrating its 30th anniversary with a campaign dubbed ‘Bodyline Transcends 30 Years.’ Through this campaign, the company hopes to continue to positively impact the lives of the communities they operate through 30 CSR init

Dr. Kithsiri Edirisinghe, the Co-Founder and CEO of the International Institute of Health Sciences (IIHS), Sri Lanka’s pioneering healthcare training provider and role model for the education industry, received international acclaim recently for dr

The 51st Annual General Meeting of the Ceylon Hotel School Graduates’ Association took place on 22nd October at the Shangri-la, Colombo.

Intrepid Colombo, a fully owned subsidiary of Intrepid Travel, the largest adventure travel company in the world, recently celebrated 10 years of operations in Sri Lanka, during which time the business has grown its team by 3,300 percent, or an avera

The ‘atingi’ eAcademy is a digital learning platform, providing users with the opportunity to develop their knowledge in the tourism and hospitality sector.

Ceylon Tea exports for the month of October totalled 19 MnKgs, a dip of 5.34 MnKgs when compared with the corresponding month of the previous year, which is a 22 percent year-on-year (YoY) decline.

Even though the Budget 2023 presented to parliament on Monday had given priority to boosting government revenue to aid the ailing economy, the country’s business community appears to be not convinced as it conveniently left the rationalisation of g

Massive provisions made against possible bad loans and the investments in dollar bonds issued by the government dented the profits at Seylan Bank PLC in the three months through September (3Q22), mirroring the rest of the industry though the bottomli

Bank of Ceylon (BoC) yesterday announced the appointment of Russel Fonseka as its next General Manager/ Chief Executive Officer.

All government payments will be made online with effect from March 1, 2024, President Ranil Wickremesinghe said.

The Ceylon Chamber of Commerce (CCC) yesterday said the Budget 2023 contains many laudable reform proposals which, if implemented in a timely manner, will complement the on-going fiscal reforms outlined prior to the budget.

Despite the sharp electricity tariff revision in August, it would not be enough to cover the Ceylon Electricity Board’s (CEB) operating costs, according to Fitch Ratings.

The massive provisions made on account of possible loan defaults and investments in dollar bonds of the government resulted....

Pan Asia Banking Corporation PLC saw subdued profits in the three months to September (3Q22), on massive provisions against....

The project financing obtained from the Exim Bank of China is to be reclassified as central government debt yet again, as the government....

President Ranil Wickremesinghe yesterday proposed to eliminate para-tariffs on imports within a five-year period on a phased-out basis....

Sri Lanka would be taking renewed efforts to streamline foreign investment and export processes by bringing all the relevant agencies....

In an effort to strengthen the revenue position of the country, the government would initiate the restructuring.....

Budget 2023 yesterday proposed to set up an insurance fund to provide coverage for private sector employees who lose....

Sri Lanka will be taking steps to increase revenue from tobacco by imposing a tax on beedi. Budget 2023 included....

W M Mendis & Co Ltd, a Sri Lankan heritage brand with a unique footprint in the alcohol industry for over 70 years, recommenced....

The ASPI closed in red as a result of price losses in counters such as Expolanka Holdings, LOLC Holdings and Vallibel One with....

Vidullanka PLC, a pioneer in the renewable energy industry in Sri Lanka, yesterday said it has won a bid for an engineering, procurement....

The project financing obtained from the Exim Bank of China is to be reclassified as central government debt yet again, as the government looks to strengthen the balance sheets of several state-owned enterprises (SOEs).

President Ranil Wickremesinghe yesterday proposed to eliminate para-tariffs on imports within a five-year period on a phased-out basis, commencing from January 1, 2023, with a view to build a globally competitive manufacturing industry.

Sri Lanka would be taking renewed efforts to streamline foreign investment and export processes by bringing all the relevant agencies on to a single platform, President Ranil Wickremesinghe said.

Budget 2023 yesterday proposed to set up an insurance fund to provide coverage for private sector employees who lose employment.

Despite the sharp electricity tariff revision in August, it would not be enough to cover the Ceylon Electricity Board’s (CEB) operating costs, according to Fitch Ratings. The government increased the average electricity tariff by 75 percent in Aug

The massive provisions made on account of possible loan defaults and investments in dollar bonds of the government resulted in National Development Bank PLC (NDB) making a loss in the three months through September 2022 (3Q22) as the bank readies to