Amidst an unprecedented economic crisis engulfing the country, which has impacted businesses and citizens alike, the Institute of Chartered....

Ideal First Choice, the multi-brand total aftercare arm of Ideal Group, expanded its branch network by opening another service....

With the country facing the unprecedented challenges from the scarcity of essentials and economic meltdown, LIOC and....

Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC successfully hosted its 12th consecutive Annual....

Commercial Bank of Ceylon has announced the launch of a special foreign currency fixed deposit (FD) scheme in a further.....

Seylan Bank has partnered with Asiri Hospitals Group to make hospital bill payments easier for customers with a special easy payment....

The ASPI closed in green as a result of price gains in counters such as Lanka IOC, Expolanka Holdings and Hayleys with the turnover.....

Joint Apparel Association Forum, the apex body of Sri Lanka’s apparel manufacturing and exporting industry yesterday said they welcome measures taken by Central Bank of Sri Lanka in monitoring foreign exchange transactions and outflows.

President’s Counsel Ronald Chithranjan Perera is appointed as the Chairman of state-owned Sri Lanka Insurance Corporation with effect from 1st August 2022 and is to assume official duties today.

Commercial Bank Ceylon PLC yesterday announced the voluntary liquidation of Commex Sri Lanka S.R.L, a wholly owned subsidiary of the bank located in Italy.

As a part of the incentive package to boost worker remittance inflows, the government has decided to introduce a special duty-free allowance structure along with another scheme granting electric vehicle (EV) import licenses to migrant workers based o

The Cabinet of Ministers has decided to appoint a committee to propose reforms to restructure the country’s power and energy sectors controlled by the State-run Ceylon Electricity Board (CEB) and Ceylon Petroleum Corporation (CPC) within a month. T

The Cabinet nod has been granted to seek services of two foreign firms to identify Sri Lanka’s International Sovereign Bond (ISB) holders and to communicate the debt restructuring plans to them.

The Finance Ministry is set to extend the amnesty period granted to sell or deposit excess foreign currency possessions of Sri Lankan residents in violation of current foreign exchange regulations by another month.

Tourist arrivals to Sri Lanka edged up to 47, 293 in July compared to 32, 856 arrivals in June, though down from the peak of 106, 500 arrivals in March, just before the start of the unraveling of the political unrest triggered by the economic crisis,

Ceylon Tea, widely considered by many as the finest in the world and with a rich history dating back more than a century and a half, has been named as the Official Tea Supplier for the Birmingham 2022 Commonwealth Games.

The Sri Lanka Tourism Development Authority (SLTDA) is in the midst of establishing 10 sites to disburse fuel exclusively to the tourism sector stakeholders, an effort taken toward improving the current distribution system.

ARCHNIX Group Chairman Kinthusan Thevakumar has introduced a new concept to the National Apprentice and Industrial Training Authority (NAITA) to develop their students’ skills to meet industry requirements.

Sri Lanka’s lubricant market leader Chevron Lubricants Lanka PLC recorded strong top and bottom-line performances for the quarter ended on June 30, 2022 (2Q22), though it incurred over a Rs.1.2 billion foreign exchange loss, due to the rupee deprec

China’s commitment to restructure the US $ 6 billion it is owed by Zambia is a good sign for Sri Lanka and others that have borrowed heavily from Beijing, according to a Reuters report.

CHEC Port City Colombo (Pvt.) Ltd is representing Sri Lanka at World Cities Summit 2022 that is being held at the Marina Bay Sands, Singapore, from July 31 to August 3.

South Asia Gateway Terminals (Pvt.) Ltd (SAGT), Sri Lanka’s first public-private partnership (PPP) container terminal, commissioned a new Reach Stacker (RS) recently, enhancing its total RS fleet.

President Ranil Wickremesinghe has told Wall Street Journal (WSJ) that Sri Lanka is expected to reach a staff-level agreement with the International Monetary Fund (IMF) by the end of August.

Inflation in the Colombo district as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index breached 60 percent in July making Sri Lankans poorer amid an economic crisis, which is yet to show any signs of lessening.

Foreign mutual funds which have exposure to Sri Lankan equities have posted steep losses in their net asset values this year, prompting their fund managers to look for ways to trim their holdings and switch to alternative markets.

Zambia’s creditors pledged to negotiate a restructuring of the country’s debts on Saturday, a move IMF managing director Kristalina Georgieva welcomed as “clearing the way” for a US$1.4 billion Fund programme.

The Central Bank yesterday called on all stakeholders of the economy to operate with ‘fair play’ so that the ongoing unprecedented crisis can be resolved at the earliest.

Expolanka Holdings PLC with interests in logistics, leisure and investments, having a global presence in 34 countries and over 70 cities announced their financial performance for the quarter ending June 30, 2022 presenting strong results maintaining

Sri Lankan President Ranil Wickremesinghe said on Saturday that an agreement with the International Monetary Fund has been pushed back to September due to the unrest over the past weeks, the Associated Press reported.

Bank of Ceylon marks its 83rd anniversary today. The bank will be celebrating the occasion beginning with a multi-religious ceremony at the bank’s head office with the participation of distinguished guests comprised of customers and well- wishers.