SLT-Mobitel has collaborated with the IT Division of Colombo Municipal Council (CMC) to introduce yet another pioneering initiative through Mobitel’s eChannelling service, enabling the convenient registration of persons for the COVID-19 vaccination

Hatch, an innovative co-working space and start-up incubator established in Sri Lanka, has been recognised by the prestigious SAARC Startup Awards as Best Co-Working Space 2020.

To support the recovery of the hospitality sector, Asia’s 50 Best Restaurants – in association with S.Pellegrino & Acqua Panna – have announced ’Essence of Asia’, an unranked collection of restaurants that represents the spirit of Asian gas

Sri Lankan rupee today depreciated to new lows against the US dollar with the current selling price hitting Rs.200.06 a dollar, according to the Central Bank data.

Fitch Ratings expect Sri Lankan telecom industry’s revenue to rise by 5-7 percent this year, driven by a surge in data and fixed broadband, largely due to COVID-19 effects.

EY has announced 14 female business leaders selected for the Asia-Pacific class of the 2021 EY Entrepreneurial Winning Women — a programme designed to support women entrepreneurs to become global market leaders and to scale their businesses to reac

Having spent our childhood with Asterix comics, we were not really surprised in encountering our own Getafix (‘Veda Pappa’ in Sinhalised version) in the form of a house constructor turned medic in Kegalle, offering us magic portion in quarter lit

Adani Ports and Special Economic Zones (APSEZ) Ltd., India’s largest private ports & logistics company and a key subsidiary of the diversified Adani Group yesterday said it has received a Letter of Intent (LOI) from the Ministry of Ports and Shippi

John Keels Holdings (JKH), Sri Lanka’s largest listed entity on the Colombo Stock Exchange (CSE) yesterday affirmed its involvement in the development of the West Container Terminal (WCT), and announced a concession agreement to carry forward the p

After banks were asked to come on board to provide extended relief on leases on passenger transportation sector, the finance company sector too has been requested to join the bandwagon to provide similar assistance to their borrowers as Central Bank

The Purchasing Managers’ Index (PMI) for February showed that both manufacturing and services activities in the country sustaining their expansion at robust levels while the expectations for further normalisation of business activities continuing

The foreign financing of the budget in 2020 continued to be in the negative as the government settled more of its outstanding loans to foreigners in the eleven months to November compared to net foreign borrowings in the same period in 2019.

India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.

Twenty Regional Plantation Companies (RPCs) have filed a writ application in the Court of Appeal challenging the decisions of the Wages Boards for the Tea and Rubber Growing and Manufacturing Trade for deciding to increase the minimum wage of workers

Data showed that the Central Bank hasn’t sold a single dollar during February in defence of the rupee, although the currency came under pressure starting from the second week of January 2021.

The prime lending rate, which indicates where the broader market lending rates are heading, touched a fresh low last week, a week after the Monetary Board doubled down their commitment for lower rates.

Sri Lanka’s industrial production continued to hum as the index, which captures the manufacturing firepower of the country, added gains in January with wearing apparel making a comeback after a decline in December 2020.

Sri Lanka’s local cement production extended its growth momentum to January this year after recording 15.9 percent Year-on-Year (YoY) growth in 2020 driven by the pent-up construction demand following the slowdown during the first half of the year.

Sri Lanka was ranked among the countries with the poorest internet quality in 2020, according to a survey conducted by virtual private network provider, Surfshark.

More than two thirds of the foreign currency exposure of Sri Lanka’s banking sector to the State is on international sovereign bonds (ISBs) and development bonds while the rest composes of loans to the State and the State-owned enterprises (SOEs).

EFL Global LLC – USA, a fully owned subsidiary of Sri Lanka’s Expolanka Holdings PLC acquired three logistics companies in the United States (US) for US$ 2.2 million to expand its logistics operations based out of New York’s John F. Kennedy (JF

In what could be a new round of concessions for those who became a direct casualty of the pandemic effects, the Central Bank issued fresh instructions to provide payment holidays on leases on vehicles engaged in the passenger transport sector.

Facebook has launched Instagram Lite in Sri Lanka in order to provide access to all users, irrespective of the device, platform and network they are on. This lightweight version of the Instagram app for Android uses minimal data, similar to Facebook

Money and Capital Market and State Enterprise Reforms State Minister Ajith Nivard Cabraal yesterday expressed surprise over the response of the International Monetary Fund (IMF), with regards to Sri Lanka securing a US $ 1.5 billion currency swap fac

People’s Bank yet again came forward to serve the national interests by extending support to the Sri Lankan government’s efforts to procure and import the first 500,000 doses of the Oxford/AstraZeneca vaccine to Sri Lanka.

Saranga Goonawardena was elected as the new Chairman at the Chamber of Young Lankan Entrepreneurs (COYLE) 22nd Annual General Meeting, held on March 10, 2021, at Shangri-La Hotel, Colombo.

Digital Reality (Pvt.) Ltd, a joint venture between St. Anthony’s Property Developers (Pvt.) Ltd (SAPD) and Dialog Broadband (Pvt.) Ltd, announced the appointment of highly respected banking veteran, technologist and business transformation special

The government is preparing to resume direct flights between Jaffna and Chennai, which were suspended due to the COVID pandemic.

In a fresh gazette on Wednesday, the Central Bank (CB) has granted a 14-day period to exporters and the banking sector to convert 25 percent of repatriated export proceeds, after considering the practical issues faced by the banking sector in convert