Maga Engineering, Sri Lanka’s leading construction company, completed Rs. 6 billion worth of work in the water sector in the year 2018, delivering few projects of national importance in the process.

The 54th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) is to be held in Colombo, in May 2021.

Imports to Sri Lanka fell sharply while exports recorded the highest ever monthly figure in March, as the effects of tight monetary and exchange policies bode well to temporarily contain the trade gap from expanding.

Sri Lanka yesterday inked a memorandum of cooperation (MOC) with the government of Japan and India to develop the East Container Terminal (ECT) of the Port of Colombo.

Lotus Renewable Energy (Private) Limited (LREL) yesterday bought the controlling stake of Hatton Plantations PLC (HPL) for a consideration of Rs.1 billion.

India, Germany, and Switzerland, which advised their citizens to avoid unnecessary travel to Sri Lanka in the aftermath of Easter Sunday bombings, have softened their stance on the island nation.

(Colombo) REUTERS: Sri Lankan shares snapped two consecutive sessions of falls yesterday in high turnover, led by Hatton Plantations Plc, while the rupee closed slightly weaker.

As Easter Sunday attacks further dampens Sri Lanka’s growth prospects, the Monetary Board of the Central Bank faces an inevitable situation to support the economy through a policy rate cut in the third monetary policy review meeting this week, the

At any given time there are close to 19,000 Sri Lankan students overseas on higher education. HSBC Sri Lanka, leveraging its international connectivity and capabilities, has come up with a unique proposition, becoming the first bank in the country th

Celebrating rapid growth and commitment to innovation, Ashok Suppiah, the CEO of UK-based Mitra Innovation was named ‘Technopreneur of the Year 2019’ at the Global Leadership Awards 2019, held on May 2nd 2019 at the Malaysian Trade and Exhibition

Affirming Samsung’s heritage of creating stunning designs and feature-rich smartphones, the Galaxy S10 has set a new benchmark for performance in Sri Lanka, with its pre order sales of Galaxy S10 going through the roof - recording more than double

Seven Sri Lankan companies travelled to Stockholm to hold 70 business meetings with 20 Swedish companies interested in outsourcing to Sri Lanka.

Taking further strides in expanding its influence in the nascent Internet of Things (IoT) technologies space in Sri Lanka, Mobitel signed and exchanged a Memorandum of Understanding with the GSMA APAC IoT Partnership Programme at the recently conclud

Sri Lanka Telecom (SLT), recently entered into a partnership with Idieal Engineering (Pvt) Ltd., professional engineering firm, which provides a comprehensive range of engineering and related services.

The road to gold for Sri Lanka’s finest real estate developers has been extended until the end of August 2019, allowing companies more time to submit their entries for the prestigious real estate honours organised by PropertyGuru, Asia’s leading

In Sri Lanka, the public sector continues to be the largest user of GIS both as a mapping tool. To draw maps and make decisions. GIS is a wonderful multi-faceted technology to help visualize current information and data meaningfully on a map to make

The Merchant Bank of Sri Lanka and Finance PLC (MBSL), affiliated with the Bank of Ceylon, has launched a vehicle sales promotion programme named Leasing Wahanapola.

The fate of Sri Lanka hosting the Convention on International Trade in Endangered Species of Wild Fauna and Flora’s (CITES) World Wildlife Conference is likely to be decided this week, according to sources.

(Colombo) REUTERS: Sri Lankan shares fell for the second straight session on Monday in thin trading volume amid worries over economic slowdown and lack of investor appetite for risky assets.

AIA Insurance Lanka PLC yesterday said the exit offer aimed at delisting its shares from the official list of the Colombo Stock Exchange (CSE) will be open for 20 market days till June 21.

Hemas Holdings PLC reported positive performance for the quarter ended March 31, 2019 (4Q19), although its consumer businesses could not escape from the lacklustre sentiments, the interim financial accounts released to the Colombo Stock Exchange show

Premier blue chip John Keells Holdings PLC (JKH) said they are currently finalising a sublease agreement for a new property under the ‘Cinnamon’ umbrella in Maldives.

Sri Lanka will connect over 90 percent of the country’s government offices to Lanka Government Network (LGN), with a Rs.6 billion investment within a year, Digital Infrastructure and Information Technology Non Cabinet Minister Ajith P. Perera told

Shangri-La’s Hambantota Golf Resort and Spa celebrates three years of golfing and good times with its Annual Anniversary Golf Tournament to be held on June 28 and 29, 2019.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) commenced the post implementation review of SLFRS 9 Financial instruments with the engagement of key stakeholders.

Unilever’s Global CEO Alan Jope arrived in Sri Lanka on an official visit recently to review Unilever Sri Lanka’soperations and engage with employees of the organisation.

REUTERS: British drugmaker GlaxoSmithKline said it will reintroduce incentive payments for sales representatives in some countries to retain talent after stopping them for years in the wake of scandals over illegal sales practices.

 MyDoctor, Sri Lanka’s premier holistic digital healthcare platform was recognized among the top 20 e-commerce platforms in Sri Lanka in 2019. The assessment was carried out by Brand Finance, a leading independent band valuation Company with its h

Ruhunu Hospital Diagnostics (RHD) achieved yet another milestone by becoming the only private healthcare provider in the Southern Province when RHD was bestowed with the globally acclaimed ISO 15189 Medical Laboratory Accreditation by the Sri Lanka A

Lanka Hospitals, the internationally accredited multi award-winning private healthcare provider launched the first full-fledged, one-stop Urology Care Centre in Sri Lanka for all urology related needs.