The next review of the International Monetary Fund (IMF) will be delayed, the Central Bank confirmed on Friday.

Sri Lanka Association for Software and Services Companies (SLASSCOM) recently organised an industry visit to the prestigious Indian Institute of Technology Madras (IIT Madras), Pravartak Research Park, marking a pivotal step in strengthening the ties

Metropolitan Technologies (Pvt.) Ltd has entered into a strategic partnership with People’s Micro Commerce Ltd (PMC) to support small and medium enterprises (SMEs) in Sri Lanka.

In a significant step towards environmental conservation, Club Hotel Dolphin, Waikkal, part of Browns Hotels & Resorts, launched a one-of-a-kind awareness stamp in collaboration with the Postal Department of Sri Lanka, coinciding with the World Touri

Fitch Ratings has assigned National Development Bank PLC’s (NDB, A-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of Rs.5 billion an expected National Long-Term Rating of ‘BBB(EXP)(lka)’.

From November 07 to 10 at Cinnamon Life City of Dreams in Colombo, the Sri Lanka Design Festival’s (SLDF) 15th edition, themed ‘Innovation Island’, unfolds a business-to-business commercial programme alongside an inspiring public programme of i

District 82 of Toastmasters International, in collaboration with the Colombo Stock Exchange (CSE) recently rang the bell in honour of Toastmasters International’s 100-year legacy.

SLT-Mobitel will make history as it hosts Sri Lanka’s first-ever event by TM Forum, the leading global alliance of telco and tech companies.

As shoppers start to spend more digitally, the fraudsters actively seek vulnerable shoppers for financial scams. The emerging digital payment frauds can catch even the most cautious users by surprise.

People’s Bank joined hands with Havelock City Mall as the official banking partner for the mall’s first anniversary celebrations.

Union Bank was recently recognised with the ISO 27001:2022 certification from the International Organisation for Standardisation (ISO) for its commitment to maintaining information security.

Union Assurance was awarded as Best Digital Life Insurer – Sri Lanka 2024 at the Global Business & Finance Magazine Awards.

Seylan Bank recently relocated the Hambantota branch.

Vallibel Finance has recently expanded its network with new branches in Tangalle and Hingurakgoda, enhancing access to financial services in the Southern and Northern provinces.

Mercantile Investments & Finance PLC and Diesel & Motor Engineering PLC (DIMO), two leading corporations in Sri Lanka, have forged a strategic partnership through the signing of a memorandum of understanding (MOU) recently.

McDonald’s Corporation and its Sri Lankan franchise partner, International Restaurant Systems (Pvt.) Ltd, have ended their business relationship, following a mutually agreed legal settlement, the companies said in a joint statement.

The Public Utilities Commission of Sri Lanka (PUCSL) called for a public consultation this week, to review the Long-Term Generation Expansion Plan for the Ceylon Electricity Board (CEB), covering the 2025-2044 period.

The International Monetary Fund (IMF) has acknowledged that Sri Lanka has made significant progress in implementing reforms but emphasised that the “next big step forward” is for the island nation to reach a formal agreement with all creditors.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will hold its 26th Annual Tax Oration on Wednesday, October 30, 2024, 5:30 p.m. onwards, at the CA Sri Lanka Auditorium in Colombo 7.

The Colombo Port City Special Economic Zone (SEZ) is rapidly establishing itself as a leading regional business hub in South Asia, offering a modern legal framework and a business-enabling environment designed for investors to thrive.

The Colombo Tea Auction this week had an offering of 5.7 million kilogrammes, which was met with less demand and often a declining trend in prices. The lower quality combined with less activity from the shippers to Iran and a cautious approach by th

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and LOLC Holdings with the turnover crossing Rs. 4.7 Bn. Crossings were witnessed in Hatton National Bank, Sampath Bank and CIC Holdings acco

The secondary market yield curve remained broadly unchanged, with thin trading volumes and subdued activity as the investors opted for a wait-and-see stance ahead of the upcoming bond auction scheduled for October 28, 2024, which will offer Rs.32.5 b

The Commercial Bank of Ceylon has joined the ‘Life to Our Coral Reefs’ initiative of the Sri Lanka Business and Biodiversity Platform popularly referred to as Biodiversity Sri Lanka (BSL), pledging the full weight of its support to an effort to c

Futureworld unveiled the iPhone 16 in Sri Lanka with all the pomp and flair one would expect from an Apple franchise. Colombo’s tech-savvy elite, along with Kandy’s trendsetters, gathered to witness the live unboxing, hosted by a group of popular

Cargills celebrated World Children’s Day at Sathutu Uyana, Viharamahadevi Park on October 1st, bringing together families for a day filled with joy and memorable experiences. The event featured several preschools from Colombo, Southern Province, G

Atlas has signed a Memorandum of Understanding (MoU) with the Department of Probation and Child Care Services under the Ministry of Women and Child Affairs recently, to extend the company’s commitment to the Atlas Sip Savi Scholarship Programme for

Demonstrating its dedication to environmental conservation, the David Pieris Group renewed its sponsorship of the hoardings displayed around Minneriya National Park for the 22nd consecutive year.

NDB Bank congratulates Nawaloka on their triumphant win at the NDB-MCA “C” Division 50-Over League Tournament 2024 Finals, held on the 29th of September 2024 at the Bloomfield Grounds, Colombo 7. With an impressive score of 265/8 in 50 overs, Naw

For those planning to host an event that truly stands out, Cosmic by Citrus offers a venue like no other. Located at the Colombo Lotus Tower, Cosmic by Citrus holds the title of South Asia’s tallest banquet hall, providing a unique setting for prod