The Securities and Exchange Commission (SEC) of Sri Lanka has taken measures to send away the retail investors from investing in BASEL III-compliant debt securities.    

REUTERS: Sri Lankan shares ended down for a sixth consecutive session yesterday, hitting their lowest close in more than two weeks, as retail investors sold blue chips, but foreign buying in the island nation’s risky assets capped further decli

The government yesterday said it would evaluate a proposal made by Singapore’s HPL Hotel & Resorts to invest and refurbish the heritage hotel, Grand Oriental Hotel (GOH), which overlooks the Colombo Port.

The Chartered Institute of Marketing Sri Lanka recognised as the first international branch of CIM UK, comprising the largest number of professional and student members outside the UK recently appointed its new board for the year 2018.

IPM Sri Lanka Past President Lalith Wijetunge was inducted as the 37th President of the Organisation of Professional Associations (OPA) of Sri Lanka at an Induction Ceremony held on January 4th 2018, at Cinnamon Lakeside, Colombo.

Merchant Bank of Sri Lanka & Finance PLC (MBSL), a fully-owned subsidiary of the Bank of Ceylon, welcomed 2018 with Buddhist, Christian, Hindu and Islam religious observances to mark the dawn of the New Year. 

The Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce in a statement conveyed its sincere appreciation and deep gratitude to Dr. Saman Weerasinghe, Ambassador of Sri Lanka to the Russian Federation for invaluable services rendered t

The first copy of the  “The Island of the Lion and the Land of the Dragon - Essays on Sri Lanka – China relations”, which comprises of essays by prominent Sri Lankan and Chinese academics was handed over to all the leading dail

Cargills Bank signed a Memorandum of Understanding (MOU) with the Central Bank of Sri Lanka (CBSL) on 8 January  2018, enabling services of the Employees Provident Fund (EPF) E-Return System through Cargills Bank’s corporate internet banki

Sri Lanka’s leading online property portal, Lamudi.lk is to host its 4th real estate exhibition on the 9th and 10th of March this year at the Taj Samudra Hotel, starting from 10 a.m. onwards. 

The inaugural National Skyline Awards will be held on March 6 and online entries will close on February 12, announced the Ministry of Megapolis & Western Development.  

Cost of production From 1980 to 1991, under state management, the average cost of production (COP) for a kilogramme of tea was 140 percent relative to the daily wage of a worker. After privatization, the regional plantation companies (RPCs) managed t

Serendib Flour Mills (Pvt.) Ltd, the second largest flour mill in Sri Lanka, hopes to further catch up to its competitor over the next three years with foreign direct investment (FDI) exceeding over 27 million Swiss francs. 

The third and final phase of Orchid project will be completed and ready to be occupied by March this year, making it the largest community with a mix of houses and apartments in Malabe to-date.  The final phase features a 160-unit 12 storied apa

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka continues its series of industry related lectures with the P.B. Karandawala Memorial Lecture titled ‘The Impact of Blue Ocean Economy to Sri Lanka’s Logistics and Transpo

The homegrown advertising agency Benchmark Innovation showed off its creative prowess on the local and international arena this week when it was honoured with a total of five awards for creative effectiveness.

Access Engineering PLC, the pioneers in the flyover construction in Sri Lanka successfully completed the construction of three flyovers to lessen the heavy traffic congestion in the areas of Rajagiriya,  Ganemulla and  Polgahawela.

Education and knowledge play an important role in all fields and the future of the country depends on how well our students are given the opportunity to pursue their careers and education. It is with this in mind that the National Development Bank PL

The ninth edition of the Jaffna International Trade Fair (JIFT), the Northern Peninsula’s largest consumer trade exhibition, will be held from  January 26th to 28th 2018.

The rubber product sector has been identified as a trust industry, which has a potential to contribute markedly to the export revenue and establish a reputation for quality and reliability. Sri Lanka produces a wide variety of value-added rubber prod

Leading integrated communications agency MullenLowe Sri Lanka and premier consumer behaviour specialists company Quantum Consumer Services are set to present a list of key consumer trends that marketers should look out for in 2018 at the CIM ‘T

Seylan Bank celebrated the festival of Thai Pongal at their head office recently.  A special religious ceremony was held to invoke blessings on staff and to mark this special occasion. The corporate and executive management together with the sta

The top three achievers in the commerce stream at the 2017 GCE Advanced Level exam were recently awarded with scholarships from the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to kick start their professional journey as globally so

Ocean shipping is essential for global trade. Trade is expected to increase significantly consequent to global population and income level increases. Concurrently, the shipping industry will need to expand and continue to strive for greater efficienc

Sri Lanka is expecting in excess of US $ 4.7 billion in apparel exports in 2017, as the 2017 cumulative exports up to November have already passed the full-year earnings figure in 2016, the country’s Industry and Commerce Minister said.

The Commercial Bank of Ceylon has announced that it has enabled its entire automated teller machine (ATM) network to acquire and process ATM transactions through the EMV (Europay, Mastercard and Visa) integrated circuit, becoming the first ATM Networ

Pan Asia Bank has come out with a short-term fixed deposit promotion which offers a higher annual effective rate of 12.57 percent on 4 month fixed deposits. (Nominal rate 12.08 percent p.a.). Further there is no limitation to the amount one can inves

From what we have seen reported in the newspapers over the weekend, it looks like  government doctors are planning another strike, which will inconvenience the common man needing and seeking medical attention in government hospitals. 

Arpico Insurance PLC was incorporated as a Public Limited Company in 2011, and received the license as a Life Insurer in the same year by the Insurance Board of Sri Lanka primarily providing life insurances.

MillionSpaces, a marketplace where guests can discover, pay and book unique spaces online, was recently launched