The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently felicitated the newly-appointed Inland Revenue Commissioner....

Hasini Gunasekara, entrepreneur and Director of Naturals salon chain in Sri Lanka and Managing Director of International Academy....

People’s Bank recently entered into a partnership with the Central Cultural Fund (CCF), which falls under the Buddhasasana....

Cementing its reputation as Sri Lanka’s most versatile payment partner, leading private sector bank HNB PLC was recognised by Daraz....

HNB Assurance PLC (HNBA) held its Bancassurance Awards to acknowledge the outstanding performers for the year 2020/2021 recently....

Sri Lanka Insurance recently signed up a memorandum of understanding with Driveline, a leading auto care provider in Sri Lanka to provide....

Sri Lanka’s most customer-friendly bank HNB PLC partnered with SPAR Supermarkets to launch the HNB SOLO earn and burn....

National Development Bank PLC (NDB) hosted the bank’s quarterly online Investor Earnings Call, subsequent to the release of its financial....

Expanding its footprint into strategic locations across the country, Vallibel Finance opened two new branches in Badulla and....

Commercial Bank of Ceylon has once again been confirmed as the highest-ranked bank in the latest edition of the LMD 100 and.....

The government yesterday announced its decision to regulate all passenger transport services, including three-wheelers, under the National Transport Commission.

The National Food Promotions Board received the Cabinet nod to import 25,000 MT of maize or alternative grains for the production of animal feed.

The Sri Lankan consumers are showing significant changes in buying behaviour, owing to the challenges brought about by the pandemic and then the economic crisis; however, in recent months, the purchasing patterns are changing more rapidly.

Japan’s envoy to Sri Lanka affirmed the country’s commitment toward the island nation, as it is looking to restructure the foreign debt amounting to US $ 30 billion.

Sri Lanka witnessed the lowest tea production in 28 years for the month of August, with the total output totalling 18.27 MnKgs.

The total offering at the Colombo Tea Auction improved to 5.0 MnKgs this week, on account of an additional volume of reprinted teas. The auction quantities met with good demand.

The woes of the agriculture sector will witness a temporary ease, with the government allowing imports of pesticide glyphosate.

Sri Lankan companies with foreign funds in their capital are in for a accelerated transition towards the net-zero carbon goal as most foreign funds and investors are campaigning harder to nudge companies in their portfolio towards ESG goals – a sho

The Inland Revenue Department (IRD) officials yesterday blamed top Finance Ministry officials under the former regime for turning a blind eye to tax evasions and preventing them from performing their duties under the law.

With continued focus on giving back to the society, Lanka IOC Chairman Ranjan Kumar Mohapatra donated a cheque of Rs.200 million to President Ranil Wickremesinghe as a contribution to the President’s Fund meant for advancement of education, upliftm

In an effort to create a more conducive environment for homegrown brands to cater to the full requirement of the local market, a senior representative of a top diversified conglomerate urged the government to have a more targeted approach towards the

Distilleries Company Sri Lanka PLC (DCSL) yesterday announced the appointment of Captain (Retd.) Kolitha Kahanda as the joint Managing Director alongside Chairman/Managing Director Harry Jayawardena.

A simmering housing crisis in the making as a byproduct of the ongoing economic turmoil as the sector is experiencing both demand and supply side squeezes.

Sri Lanka Tourism is gearing up to create a positive profile of the island nation at the upcoming ‘Three Cities Road Show’ in India so that travellers from that country will be confident in adding the destination to their travel list going forwar

The national index of consumer prices for August notched above 70 percent, as the sharp electricity tariff revision, which came into effect from the start of the month, hit the consumer wallets hard on top of the soaring food prices.

The Sri Lankan rupee, which shed nearly 80 percent of its value, has sent the rupee value of the foreign currency-denominated debt of the government spiralling by significant proportions, even with no fresh borrowings, as the rupee weakness is sendin

Highlighting massive tax evasion in Sri Lanka, MP Mahindananda Aluthgamage said only 25,692 companies have paid income tax, though 100,005 companies have opened tax files, as of today.

The Treasury bill yields continued to abate for the second consecutive week, signalling investor confidence over the country’s reform path taken to fix its decades-old fiscal imbalances with the support of the International Monetary Fund (IMF).

The Malaysian Cabinet has agreed to bring in 10,000 migrant workers from Sri Lanka, Malaysian media reported quoting Human Resources Minister Datuk Seri M. Saravanan.

As religious leaders, led by Buddhist monks, took to streets this week and intensified their agitation against the recent electricity tariff hike,