Lending its expertise in end-to-end logistics management to ‘Sri Lanka Wonder of Asia Ironman 70.3 Colombo’, Hayleys Advantis announced that it is handling the movement of all cargo being brought to Colombo from the Ironman regional hub i

Reinforcing the J. Walter Thompson pioneering spirit, Akila Abdul Azeez and Minendra Sarathchandra collaborated to deliver a compelling, relevant and innovative campaign that led them to winning the 2018 AdFest Young Lotus competition.

Statistical data from market research shows that Munchee Super Cream Cracker has become the country’s most popular biscuit surpassing other biscuit varieties.

The Chartered Institute of Marketing Sri Lanka will be hosting its first networking event for this year titled ‘Legends of the Silver Screen’ on 27th February, at the CIM office, Colombo 03 at 

Umair Wolid, Head of Marketing – Content and Digital Media at Wijeya Digital Media was listed among 100 Smartest Digital Marketing Leaders at

Sri Lanka’s private sector credit growth has continued its moderation path towards end-2017, reflecting the effects of the delayed monetary policy transition gradually taking hold of the country’s money in circulation. 

Neither confirming nor denying the speculations that UK-based Lyca Group is nearing a deal to purchase the ETI Group’s assets, Central Bank Governor Dr. Indrajit Coomaraswamy told Mirror Business that the Central Bank is still processing an inv

THE HINDU: The Consortium of Pepper Growers’ Organisation, Karnataka, Kerala and Tamil Nadu, has urged the Centre to levy 54 percent duty on imports from Sri Lanka under the South Asian Free Trade Area (SAFTA) and scrap the Indo-Sri Lankan Free

The cabinet has taken a decision to award further tax concessions for state lands provided on a long-term lease basis for commercial agriculture. Land and Parliamentary Reforms Minister Gayantha Karunathilaka said such lands will be exempt from charg

REUTERS: Sri Lanka’s tea output in January rose 11.9 percent from a year earlier, due to favourable agro-climatic conditions and a lower base, the state-run Tea Board said on Tuesday. 

We tend to discuss the benefits of regional trading blocs such as the Association of Southeast Asian Nations (ASEAN), North American Free Trade Agreement (NAFTA) and European Union (EU) simply from the perspective of low trade barriers and ensuing gr

The Sri Lankan government is ready to implement a short-term reform process, which will generate short-term gains and help the government increase its acceptance among the voters in the run up to the 2020 elections, according to a senior government e

Bringing together suppliers and service organisations in the apparel industry in Sri Lanka, the Apparel Industry Suppliers’ Exhibition (AISEX) will be held from May 10-12, at the Sirimavo Bandaranaike Memorial Exhibition Centre (SBMEC). 

The Export Development Board (EDB) organised a seminar for the electronics and electrical sector exporters and potential exporters in Sri Lanka to make them aware on the recent developments of the industry and the market linkages and trade and tariff

The World Bank estimates that 54.3 percent of global population now lives in cities and this proportion will continue to rise.

The Shippers’ Academy Colombo (SAC) in association with the Sri Lanka Export Development Board (EDB) has launched a new corporate quiz for the ExIm & Logistics Trophy for the first time.

Investors worldwide are increasingly becoming aware about the environmental, social and governance (ESG) footprint of companies. Think about energy efficiency and positive community contribution or, at the other extreme, oil spills and corporate scan

Sri Lanka plans to borrow US $ 115 million from the Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region backed by China, to implement an accelerat

Sarvodaya Development Finance joined LankaPay Common ATM Network via LankaPay hosted solution recently, which consists of LankaPay Shared ATM Switch (SAS) and LankaPay Card Management System (CMS) with state-of-the-art technology. 

HONG KONG/LONDON (REUTERS): HSBC Holdings reported a jump in annual pre-tax profit that missed expectations and unveiled a plan to raise up to US$7 billion over the next four months to bolster its capital base, as the bank prepares for growth under a

Nations Trust Bank American Express recently conducted a very special programme that would let one platinum cardmember and companion experience the thrills of Dubai, the hospitality of Tokyo, the excitement of London, the wonders of Australia and the

Sampath Bank posted a profit after tax (PAT) of Rs 12.1 billion for the year ended 31st December 2017, a 32.7 percent YoY growth compared to Rs 9.1 billion recorded in the previous year. 

The CSR initiatives of Union Assurance PLC (UA) are centered on one, strongly championed objective - creating healthy and happy communities around the country.

People’s Bank has introduced a special programme to inculcate the habit of saving in children, from the first day of school.

Students of two rural schools whose classrooms were in temporary shelters have been provided purpose-built classrooms buildings under Ceylinco Life’s on-going community initiative that supports disadvantaged schools around Sri Lanka.

Amana Bank PLC reported an improved financial performance for the fourth quarter ended in December 2017 (4Q17), as Sri Lanka’s first non-interest based Islamic bank stretched its financing margin while modestly expanding its asset base. 

BUSINESS STANDARD: Public sector Indian Bank has undertaken initiatives to increase business at its overseas branches in Sri Lanka and Singapore, a top official has said.

Modest performance in core-banking operations, better margin management and fee incomes helped DFCC Bank PLC to beat the odds during the quarter ended December 31, 2017 (4Q17), the interim financial accounts released to the Colombo bourse showed.&nbs

Central Bank Governor Dr. Indrajit Coomaraswamy, who also spoke at the same event, called on audit regulators to collaborate amongst themselves to improve financial sector supervision.

The new National Audit Bill has just been approved by the Cabinet, and would be presented to Parliament soon, according to a senior minister, who stressed on the importance of quality audits in Sri Lanka.