Imperium (Pvt.) Ltd, leading software design, development, technology and services company has strategically teamed up with India based Cognitive Platform Solutions (CPS), a Software Product Development Company specializing in Digital Transformation

Commercial Bank of Ceylon PLC and Sampath Bank PLC together announced the introduction of real-time, online payments to Sri Lanka Customs through their respective online banking platforms.  Having received all necessary regulatory approvals, the

Vallibel Finance PLC reported its strongest performance ever on the back of yet another impressive financial year with key indicators for the year 2016/2017 returning exceptional reading, firmly entrenching the company’s standing as the name-be

Amãna Bank was infused with over Rs.4.75 billion to its capital base, when its shareholders expressed confidence in the bank resulting in its recent rights issue being oversubscribed. 

Leading smartphone manufacturer Huawei is aiming to capture 40 percent of the Sri Lankan smartphone industry by 2018 after having been able to successfully penetrate into the industry in a short span of time.

Bileeta is pleased to announce the appointment of Aelian Gunawardene to its board of directors with effect from 31 June 2017.  

Utter the words, “Application Support” and you will be met with a variety of reactions. 

More female tourists arrived in Sri Lanka than males in 2016, possibly for the first time in Sri Lanka’s 50-year organized tourism history despite recent travel warnings by several foreign missions in the country of sexual assault on female tou

A firm talking State Finance Minister yesterday asserted that the controversial Hambantota port deal would go through regardless of the protests against it.

National Development Bank PLC (NDB), the development lender turned commercial bank, reported earnings of Rs.4.48 a share or Rs.748. 1 million for the April -June quarter, recording an increase of 39.7 percent from a year ago as the bank managed to ma

English Nursing Care Services, aiming to set the benchmark for home nursing care in Sri Lanka, celebrated their launch in Colombo recently. 

The sustainable Development and Wildlife Ministry has decided to close the Wilpattu National Park to visitors during the low season months of May and to strictly enforce zoning restrictions whereby tourists and other visitors will be allowed to only

Asian Hotels and Properties (AHPL), the city hotel and real estate management arm of the John Keells group, posted a net profit of Rs.280.12 million for its first quarter ended June 30, 2017 (1Q18), which was a 17 percent Year-on-Year (YoY) fall, due

 The Central Bank of Sri Lanka will introduce a new primary issuance system for Treasury bonds effective July 27. 

As Sri Lanka stands at crossroads, thirsty for improved economic progress and prosperity, the country’s Central Bank chief yesterday requested the private sector to take the lead in moving forward the island nation’s debt-ridden economy.&

Furniture manufacture Alpha Industries recently joined hands with ‘Office 2017’, an exclusive exhibition showcasing workplace solutions, as Gold sponsors for the mega event. 

The Sri Lanka Economic Association in collaboration with the University of Colombo Economics Department is organising a seminar on ‘Economics of garbage disposal’ tomorrow, at the Department of Economics.

Senerath Devendra, a senior professional in the financial and corporate sector in Sri Lanka, will be joining the Dreamron group as its Financial Director in August 2017 to the position of Non-Executive Director of the group.

REUTERS: Sri Lanka’s cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota yesterday, the government said, after terms of the first pact sparked widespread public anger in the island nation.

Caryll Van Dort, Group Director of MSLGROUP Sri Lanka was recently recognized for her contribution to the advertising industry at the Professional Career Women Awards organized by Women in 

The Outlet Store, Sri Lanka’s latest addition to the fastest growing retail fashion sectorwhich opened its doors for an exclusive family shopping experience, rolled out a fabulous shopping week spreethis 

DFCC Bank opened its newest branch in Tissamaharama recently. Recognizing that the emerging economy of Southern Sri Lanka has a unique and diverse range of financial needs, DFCC Bank

Allianz Lanka announced that it has been recognized as the “Best Employer Brand” at the Sri Lanka Best Employer Brand Awards 2017 held recently. The event also saw the company’s Chief Executive

The devastating floods, one of the worst in Sri Lanka’s recent history left thousands homeless and distraught.

Bangladesh’s leading business conglomerate The Gemcon Group, has retained the services of MTI Consulting for a strategic cross-border M&A assignment, aimed at bringing in domain-specific expertise into the Bangladesh market, along with stra

Following several years of high lending, hiked interest rates and the pursuit of Basel III compliance, credit growth in Sri Lanka could slow this year and into 2018. 

The Belt and Road Initiative (BRI) of China, offers many opportunities for countries like Sri Lanka that requires substantial infrastructure development. 

The rapid increase in road accidents often ending in fatalities is a matter that draws much attention from the media and the public alike. According to the statistics of the Sri Lanka Police at least seven to eight deaths are recorded by road acciden

Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing demand to and from the United Arab Emirates.

Sri Lankan shares fell for the sixth straight session yesterday to post a near six-week closing low, but brokers said the slide is slowing down.