Iroshini Wijenayaka, the General Manager of Group Marketing & Communications at Ideal Group (Pvt) Ltd, was recently nominated as a Patron of the World Women Leadership Congress (WWLC), taking Sri Lanka to the international limelight, yet again.

In its standing as the sole authority to promulgate accounting and auditing standards in the country,

Driven by the jet fuel shortage and fund repatriation issues as a result of the foreign exchange crisis, airlines have halved air seat capacity to Sri Lanka by 53 percent over the past couple of months presenting another challenge for the country’s

Operating on a zero-fuel schedule as the country’s jet fuel reserves have run out, the national carrier SriLankan Airlines is bracing for potential flight cancellations until 18th of this month.

Banks have virtually stopped lending to private borrowers as interest rates climbed to restrictive territory and the economic conditions turned from bad to worse prompting them to tighten credit conditions to contain any more damage to their asset qu

Sri Lanka’s unemployment rate softened in the March quarter as the economy emerged from most of the virus-related restrictions only to be brutally hit by the foreign exchange crisis which brought it to a near standstill, unwinding even the little i

Credit rating agency Fitch downgraded its view on sovereign debt on Thursday on concerns about the rise in global borrowing costs and the potential for a flurry of new defaults.

Two cruise ships MV Arius and MV Gem, each with capacity to carry more than 800 passengers, are currently berthed at the Hambantota International Port (HIP) for month long layups. The ship crews will remain on board for the period.

SriLankan Airlines has warned about its capability to make a coupon payment on a Singapore-listed bond, citing the deterioration in Sri Lanka’s economy.

Non-bank finance companies projected some resilience in the three month to March, continuing their path to improve asset quality from the depths in 2020 only to be met with the worst economic crisis which threw their subprime borrowers from the fryin

The Ceylon Motor Trader’s Association (CMTA) affiliated to the Ceylon Chamber of Commerce and one of the oldest automotive trade associations in South Asia, comprising of companies which are franchise holders of global automobile manufacturers, hel

The first Annual General Meeting (AGM) of Doctor of Business Administration Alumni of Kelaniya University (DBAAKU) was held at Waters Edge recently, with the participation of university dignitaries, fellow members and associate members of the alumni.

Paduma Subasinghe has assumed duties as Director Human Resources of Heineken Lanka Limited.

Shiran Cooray joins IIRM Lanka Insurance Brokers (formally known as Finlay’s Insurance Brokers) as General Manager Technical, to further strengthen the technical capabilities of the IIRM Lanka team.

Premier Ceylon Energy Private Limited has researched and developed yet another innovative new concept and specialised electricity generating engineering finding in producing free electricity, specialised for domestic use and for industries as well.

If we are to prevent the catastrophe of Colombo and other main cities becoming ghost towns, we need to put in place a transparent and accountable fuel distribution system that will use the limited fuel stocks we have efficiently.

In a bid to support the people from the worsening economic crisis that has made it challenging to access food, fuel and gas, the government yesterday said it is gearing up to provide a fresh round of assistance to those severely impacted.

The second round of the Gallup-style ‘Mood of the Nation’ poll conducted by Colombo-based economic think tank Verité Research shows within the first six months of the year, the sentiments of the public have dampened significantly.

Japanese Ambassador to Sri Lanka Hideaki Mizukoshi yesterday pledged continued support to Sri Lanka’s engagement with the International Monetary Fund.

The Colombo Tea Auction saw the 25th sale of the year come to a close this week, where a total of 5.46 Mnkgs came under the hammer.

Bloomberg: Indians and Malaysians are leading a tourist rush to Thailand after it relaxed entry rules, with total arrivals topping two million since the start of the year and providing a fillip to the Southeast Asian nation’s sluggish economy.

Oil prices rose about 3 percent yesterday, recouping most of the previous session’s declines, as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown could dent demand.

Litro Gas Lanka, Sri Lanka’s national LPG provider, yesterday denied the statements making rounds on social media, regarding its salary structure.

Fast-growing fashion retailer GFlock urges Sri Lankan communities to procure clothing from the local brands of the island nation, instead of big international names, so that they can contribute to the revival of the crisis-struck economy.

As the moratorium extended to the hard-hit tourism sector came to an end yesterday, the Sri Lanka Tourism Development Authority (SLTDA) requested trade associations to initiate one-to-one discussions with financial institutions for possible extension

Inflation in the Colombo district galloped to an eye-popping 54.6 percent in June 2022 from the same month last year, accelerating from 39.1 percent in May reflecting how fast the Sri Lankan economy is making its people poorer by the day.

Comtrust Asset Management, a fully owned subsidiary of CT CLSA Holdings has been rebranded as CT CLSA Asset Management with effect from today.

Letter of appointment for a new term of six years as Governor of the Central Bank was handed over to Dr. Nandalal Weerasinghe by President Gotabaya Rajapaksa yesterday

DIMO together with Tata Motors Limited, recently launched its first batch of locally assembled DIMO Batta HT2 trucks.

The Ceylon Chamber of Commerce held its 183rd Annual General Meeting at the Cinnamon Grand Hotel yesterday.