Chip-maker Nvidia dethroned fellow tech giant Microsoft to become the world’s most valuable company after its share prices surged to an all-time high, Tuesday.

In a collaborated effort to combat the distribution of counterfeit spare parts, the Colombo Crime Division (CCD) and the Honda Motor Company initiated multiple criminal raids in different areas of the country.

The Public Utilities Commission of Sri Lanka (PUCSL) has has called for public opinions regarding the revision of the 2nd round of electricity tariff reductions, proposed by the Ceylon Electricity Board (CEB) for 2024.

The Economic Transformation Bill could create an oasis in an island of bad governance, sparking uncertainty among foreign investors and threatening the flow of crucial investments, warn legal and investment experts.

KPMG Sri Lanka Academy presents a webinar titled ‘The IMF Report - Tax Reforms’ on Monday, June 24, at 3:00 p.m.

Let us not kid ourselves. The International Monetary Fund (IMF) has nothing to do in Sri Lanka, not least with what Sri Lanka has been going through. So, you might

The Ceylon Chamber of Commerce (CCC) recently signed a memorandum of understanding (MoU) with the Southern Gujarat Chamber of Commerce and Industry (SGCCI), paving the way for enhanced cooperation and growth between Sri Lanka and the dynamic business

Opposition Leader Sajith Premadasa has appointed Talal Rafi as his policy advisor. Rafi is an economist and is an economic policy consultant to a multilateral development bank. He is a regular contributor

The Association of Chartered Certified Accountants (ACCA) recently held a distinguished Tutor Recognition Ceremony

The Sri Lanka Bank Employees Union (SLBEU) yesterday held a protest in front of the People’s Bank head office in Colombo, demanding that State Bank employees be given a salary commensurate with their tax burden

In a heartwarming display of corporate responsibility and dedication to the future of Sri Lanka, Abans has taken a monum

KPMG in India is scheduled to host its 31st All India Partners Meet in Colombo, Sri Lanka from June 20-22, 2024. The annual meeting of the India Firm is one of the largest meets to be hosted in Colombo, with over 600 India Partners and their familie

In a significant move towards empowering women and promoting financial inclusion in Sri Lanka, NDB Bank has partnered with the International Finance Corporation (IFC) to conduct a series of training programmes for female entrepreneurs.

Standard Chartered Bank Sri Lanka has achieved outstanding recognition, clinching multiple prestigious awards at the Asset Triple A Awards 2024 and being named among the leading Asia-Pacific banks in 2024 by Global Finance.

Golden Awards 2024, hosted by HNB Assurance and HNB General Insurance, celebrated and recognised the outstanding achievem

People’s Leasing & Finance PLC (PLC), one of Sri Lanka’s leading non-banking financial services providers, has recently been honoured with the prestigious Global Brand Award for Most Trusted Financial Institution 2024. Presented by Globa

Indices closed in red as a result of price losses in counters such as Dialog Axiata, Commercial Bank and Hatton National Bank with the turnover crossing Rs. 1.8 bn. High net worth an

The secondary market displayed a subdued sentiment during yesterday backed by thin volumes and limited activity, influenced by the market opting into a wait and see approach stemming from the inflated auction yields at the recent T

Tea exports for the month of May 2024 totalled 19.45 million kilograms, which is a contraction of 5.3 percent Year-on-Year (YoY).

Sri Lanka will exchange information relating to investigations and prosecutions of money laundering, bribery or corruption, and other related offences with Central Bank’s (CB) Financial Intelligence Unit (FIU) having entered into a Memorandum of Un

Alarmed by the widening gap between legal and illicit alcohol markets driven by higher taxes, Lion Brewery (Ceylon) PLC, the le

In a collaborative effort to prevent financial crimes in the country, the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MoU) with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC)

The all-important construction sector in Sri Lanka added much more heft in the first three months of the year.....

Sri Lanka struggled to cross the 50,000 mark in tourist arrivals in the first 13 days of June, recording 43,227 tourist.....

The government authorities are moving closer to offer a remedy to resolve the crisis created with the imposition of the Value....

The International Monetary Fund (IMF) asserted that more vigilance is needed to maintain cost-recovery pricing....

Sri Lanka is performing good in terms of supporting women-led businesses but needs to address the challenges....

Owing to the higher taxes, hard liquor and cigarette consumption in Sri Lanka recorded a significant decline in 2023....

Serendib Flour Mills (Pvt.) Ltd showcased its commitment to quality and innovation at the 18th edition of the Hotel Asia....

Cargills Bank – Wattala has been relocated to 182, Negombo Road, Wattala, with effect from May 13, 2024. The new location....