The 11th annual CFA Society Sri Lanka Capital Market Awards is scheduled to be held on June 18 at Cinnamon Grand, Colombo. This year’s event will be held under the theme of ‘The Power of Public-Private Partnerships’, focusing on the current st

Several people on social media now comment negatively about how the current President handled the 2022 political and economic crisis. None of them can deny that we were in a dire economic and political crisis, and we desperately looked to the world

President Ranil Wickremesinghe recently embarked on an inspection tour of Ambewela Dairy Farm. Upon his arrival, President Wickremesinghe was warmly received by the Management Committee, of Ambewela Dairy Farm, along with the staff. The President i

Sri Lanka needs to put together a cohesive and comprehensive set of regulations and standards when it comes to advertising, marketing and communications and this should be done in consultation with various stakeholders in the industry, highlighted Th

The Executive Committee of Ceylon Association of Shipping Agents (CASA) toured the Hambantota International Port (HIP) last week.  The visit was to strengthen relations between CASA and HIP, foster collaboration, and explore future opportunities th

The government is yet to finalise the legal framework for the proposed wealth and property tax, which is set to come into effect from 2025. “The understanding behind the wealth tax is that in countries such as Sri Lanka, wealth is accumulated by wa

The Inland Revenue Department (IRD) is aiming to specially target the high-net-worth individuals to boost tax revenue in the coming period, a senior Finance Ministry official said. “Large taxpayers and high-net-worth individuals are the centre poin

Optimising the financing streams across the private and public sectors is key for Sri Lanka’s journey to sustainably recover from its economic crisis, United Nations Development Programme Sri Lanka Resident Representative Azusa Kubota said. From t

Sri Lanka will be able to further strengthen its ties with Malaysia, with the Cabinet of Ministers this week giving the nod to commence the negotiations for a free trade agreement (FTA) between the two countries.

Sri Lanka is optimistic about a favourable outcome from the International Monetary Fund’s (IMF) second review, under the Extended Fund Facility (EFF), State Minister of Finance Shehan Semasinghe said.

Corporate earnings of Sri Lanka’s public quoted companies showed mix results in the first quarter of this year (1Q24).

The percentage of the computer literate population in Sri Lanka has been gradually increasing over the recent years. However, the digital divide still exists. A survey conducte

Sri Lanka ranks 165th out of 185 countries for its female workforce participation, according to data by the World Bank and International Labour Organization (ILO). With a female labour

FPA Sri Lanka’s Social Enterprise Acceleration Programme (SEAP) project has won for the second consecutive year at the National Project Management Excellence Awards (NPME 2024), held recently at Galadari Hotel, Colombo.

Digital education platform publiclearn.lk will be launched by President Ranil Wickremesinghe on July 13, 2024, at the Presidential Secretariat, enabling Sri Lankans to find free courses and achieve their educational and professional go

The Belt & Road Initiative Sri Lanka (BRISL) invited Sri Lankan start-ups to sign up for the Global Entrepreneur

NDB Bank, in a correction statement issued to the media, clarified the information published in an article released by the

Vidullanka PLC, a pioneer in the renewable energy space, said it is looking at enter Bangladesh with a solar power project. The proposed project which is under consideration is expected to further expand and diversify Vidullanka’s foreign renew

People’s Bank recently presented cash prizes to the students who obtained the highest positions in the island and district in al

Evolza, the trailblazing company behind the CGASS AI Platform, a top-tier AI-powered enterprise software generation platform, announced Thareendra D. Kalpage as the new Non-Executive Chairman of its board of directors.

The ASPI edged up as a result of price gains in counters such as Hayleys, Sunshine Holdings and SMB Leasing nonvoting with the turnover crossing Rs. 3.7 bn. Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participa

The secondary market witnessed moderate volumes resulting in bond yield across the board to surge during yesterday as a result of the Rs. 295.0 billion treasury bond announcement on Monday, pivoting from the wait and see approach dis

As incidents of cyber crimes are on the rise and fraudsters becoming increasingly innovative in their methods, the Central Bank urged S

Sri Lanka’s urban mobility is all set to witness a boost with Vega Innovations, a company known for its cutting-edge innovations and developments, and DIMO, a leading automotive distributor joining forces. A Memorandum of Un

MAS Holdings, a global apparel manufacturing and tech conglomerate headquartered in Sri Lanka, has joined forces with Los Angele

BoardPAC, the leading provider of board governance solutions, is to rekindle discussions with the Johannesburg Stock Exchange (JSE), marking a significant stride toward enhancing board governance standards in South Africa. This renewed e

Hemas, in collaboration with Hatch, announced the second iteration of the Hemas x Hatch Slingshot programme. Following on from the success of this Accelerator Programme in 2023, where Hemas supported 25 start-ups and accelerated eight sta

Expolanka Holdings announced its decisions to extend the exit offer till 4.30pm on Thursday, 13 June 2024.

A total of 2,650 ransomware incidents have been detected and blocked by Kaspersky’s cybersecurity solutions for businesses in Sri Lanka from January to December 2023, it was revealed.