Flexiprint (Pvt.) Ltd won the Gold award for the printing and related services sector at National Business Excellence Awards 2021, organised by the National Chamber of Commerce of Sri Lanka.

Sudath Perera Associates, Attorneys-at-Law and Notaries Public, celebrated its 20th anniversary recently.

Israel’s second largest airline, Arkia is looking at expanding its operations to Sri Lanka and Thailand, following Saudi Arabia’s plan to allow unfettered access to its airspace to Israeli airlines.

The HDDES Group, a Board of Investment (BOI) approved firm, that grows, manufactures, and exports organic spices, essential oils,

Sithumina Jayasundara, Chief Executive Officer of HNB General Insurance Limited has been re-elected as the 20th President of the Sri Lanka Insurance Institute (SLII).

Kiddies & Toys International (KTI), a subsidiary of Sri Lankan conglomerate LIMRA Holdings Limited, has launched PLEX toys in India by unveiling its first toy range “The Playing Blocks”.

Huawei Sri Lanka recently committed and pledged emergency relief to vulnerable communities affected and impacted due to ongoing economic challenges faced by the country through the ‘Manudam Mehewara’ initiative.

The June 2022 syndicated survey conducted by Verité Research has revealed that 70 percent (± 2 percent) of the country’s population is of the opinion that the executive presidency should be abolished.

Former DFCC Bank Director/CEO Lakshman Silva has been appointed to the board of Seylan Bank PLC as an Independent Non-Executive Director, with effect from July 18.

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports of India and local chemicals and logistics group Gadot for 4.1 billion shekels (US $ 1.18 billion).

The Central Bank Executive Officers Union yesterday urged the pollical party leaders to ensure the appointment of a president and a prime minister recognised by the public to carry out the delayed fiscal reforms on an urgent basis, in order to stabil

The deficit in the balance of payment (BoP), which still runs more than double the level of last year, has shown signs of deceleration after the imports fell amid the rising exports, narrowing the deficit in the trade account.

The National Chamber of Exporters (NCE) of Sri Lanka yesterday called for the appointment of a competent authority to overlook international trade, particularly exports and to set a robust structure to strengthen the supply chains moving forward.

Responding to the recent media query as to whether the Central Bank intends to upend its policy towards worker remittances, which haven’t budged much after all the efforts, Governor Dr. Nandalal Weerasinghe asked what more than the current exchange

The Office of the Speaker during the weekend sent a clarification note explaining the process of electing a new President. It said what various organisations and persons have been expressing about the process are “incorrect statements”.

The Purchasing Managers’ Index (PMI) tanked in June signalling the sharp decline in the economy as businesses in both manufacturing and services sectors started feeling the crunch coming from the demand destruction policies in place, hyperinflation

Ceylon Cold Stores PLC kicked off what could be a tumultuous earnings season to report some solid top and bottom line performances as galloping inflation which gripped the country since March appears to have driven up what the consumers spend on thei

Myanmar’s Central Bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows.

Despite intensifying competition following the entrance of new players, Chevron Lubricant Lanka PLC (LLUB) regained over 50 percent market share in the country’s lubricant market in the first quarter of this year after nearly nine years.

Ceylon Petroleum Corporation (CPC) sunk further into losses in the first four months in 2022 as the overall losses reached a massive Rs.628.4 billion, which was enlarged by a thumping foreign currency translation loss as the State-run utility carries

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) during the weekend called upon all political parties and authorities to ensure in bringing in a peaceful transition of power through the democratic establishments a

In line with its objective of developing vocational education in Sri Lanka, DIMO has ventured into manufacturing training equipment via its vocational education arm, the DIMO Academy for Technical Skills (DATS).

The International Chamber of Commerce of Sri Lanka (ICCSL), which represents the country’s business and industrial sector,

The Chartered Institute for IT Sri Lanka Section, has extended the application deadline for National ICT Awards – NBQSA 2022 till July 22.

The International Monetary Fund (IMF) is still in contact with the officials at technical levels within the Sri Lankan government and hopes to be able to resume discussions with higher-level officials, an IMF spokesman said on Thursday, after Sri Lan

Introduced in 2011, the FastTrack summer internship programme of John Keells Group, returns this year partnering with London Stock Exchange Group (LSEG) and Unilever Sri Lanka, to provide undergraduates with a unique opportunity to participate in a f

Sri Lanka is continuing negotiations with China for as much as US $ 4 billion in aid and is confident Beijing will agree “at some point”, Bloomberg News reported yesterday,

Plans are underway to revive local and international tourism to the Northern province, comprising the districts of Jaffna, Mullaitivu,

Despite a drumbeat of warnings against the banking sector capitalisation and liquidity coming from the worst macroeconomic conditions followed by the sovereign debt default, another group of analysts is of the opinion that the sharp decline or perhap

Traditional debt crisis signs of crashing currencies, 1,000-basis-point bond spreads and burned FX reserves point to a record number of developing nations now in trouble.