The LG Abans Air Conditioning Academy was recently inaugurated in partnership with the Institute of Technology at the University....

MTI Consulting has launched its Next-Gen Directors Programme, with the appointment of Malithi Herath and Christine....

The Classique Centre by People’s Leasing & Finance (PLC) has earned distinction as Sri Lanka’s first EDGE-certified....

People’s Bank, the leader in digital banking innovation, possessing the largest customer base in Sri Lanka, announced...

Macktiles introduced its 33rd showroom located at No. 558/1, Pitakotte, Kotte, marking another milestone in the company’s....

The Central Bank of Sri Lanka (CBSL) has identified eight more entities promoting pyramid schemes in the country. In a notice....

When compared to other countries, Sri Lanka’s International Monetary Fund (IMF) programme is lenient in my opinion. Even if the...

The proposed Public Financial Management (PFM) Act remains crucial for the disbursement of the third tranche under the International Monetary Fund’s (IMF) US$ 3billion bailout package, stressed Former Central Bank (CB) Governor and economist, Dr. I

As cyber threats escalate globally, the imperative to design, deploy and utilise AI securely has never been more....

Hatch, the esteemed accelerator/incubator and Orion City, the foremost IT park, have unveiled an innovative digital platform....

Altered Experience (ALT X), Sri Lanka’s international award-winning business solutions company for the age of convergence...

A top economist yesterday raised concerns over the “loosening of fiscal squeeze” by authorities to stimulate economic growth. Since doing so could lead to potential risks of jeopardising Sri Lanka’s agreements with the International Monetary Fu

Tourist arrivals to the island nation continue to pickup from levels witnessed since the pandemic and the economic crisis. However, a slight drop in momentum is seen for the month of April.

More than one in five cars sold worldwide in 2024 will be electric vehicles (EV’s) according to the forecasts of the International Energy Agency (IEA).

Based on complaints received, the Central Bank of Sri Lanka (CBSL) has released eight other institutions and inputs identified as engaging in pyramid activities.

The consumer prices measured by the broader National Consumer Price Index (NCPI) continued to soften in March, as the non-food prices cooled sharply while the food prices remained unchanged from a year ago.

The secondary market continued to entice a dull sentiment from previous sessions, largely on the back of the prevailing uncertainty surrounding external debt restructuring, which kept investors on the sidelines. During the day, limited transactions

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, LOLC Finance and LOLC Holdings with the turnover crossing Rs 1.3 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor

The government’s search for a suitor for national carrier SriLankan Airlines has narrowed down with a total of six bidders showing interest in the debt-ridden entity.

Oldfort Café is Colombo’s latest restaurant and café located in close proximity to Colombo Fort Railway Station. This themed restaurant retains the grandeur of the old city in a unique way that would take the customers down memory lane. The rest

The SLASSCOM People Summit 2024, organized by the SLASSCOM HR Forum at Waters Edge on March 13th, brought together industry leaders, experts, and practitioners to discuss current workplace challenges. Speakers from various sectors shared emerging tr

An International Recruitment team from Bath Spa visited India and Sri Lanka in February to promote Bath Spa University London (BSUL) and the newly launched Postgraduate Master Courses which are offered at the London site. The Bath Spa University team

The Faculty of Agricultural and Plantation Management (FAPM) of the Wayamba University of Sri Lanka hosted the Division H (District 82) year-end conference of Toastmasters International for the 2023/2024 season recently. Dubbed as ‘Hotshots’, th

People’s Bank has announced the successful selection of 100 students to attend its “Empowering Tomorrow’s Innovators” Youth Tech Skill Development programme. This initiative, in partnership with Sarvodaya Fusion—the IT education arm of the

Cloé Café, an Australian coffee chain recently opened its flagship outlet in Nawala. The grand opening ceremony was held under the patronage of Deputy High Commissioner for Australia in Sri Lanka Lalita Kapoor and several other guests. With a tagl

In an effort to support young entrepreneurs in agriculture, the Sri Lanka Agripreneurs’ Forum (SLAF) is collaborating with the United States Agency for International Development (USAID) to organize the Agcelerator Bootcamp. The Agcelerator Bootcamp

In 2023, Sri Lanka witnessed a significant 19 percent year-on-year (YoY) decrease in legal cigarette consumption, representing less than a quarter of the combustible tobacco market share. This decline is attributed to substantial tax increases, which

BBC: Tesla has cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant run by multi-billionaire Elon Musk faces falling sales. The move comes after it reported a sharp fall in its global veh

Dialog Axiata PLC and Telin, the international arm of Telkom Indonesia, have inked a new master service agreement (MSA), where the latter will exclusively provide managed services for international A2P SMS traffic and international voice termination

State revenue surpassed the target set for the first quarter of the year ended in March by 6 percent to Rs.834 billion, Finance State Minister Ranjith Siyambalapitiya said. While the expected revenue target for 1Q24 was Rs.787 billion, the government