The economic crisis of Sri Lanka has resulted in a sharp increase in the country’s poverty. According to the World Bank press release on April 2, 2024, people living below the international poverty line of US $ 3.65 a day, have increased to 25.9 pe

Sanasa General Insurance, Sri Lanka’s leading insurance company, emerged as the winner in the insurance sector at National Business Excellence Awards 2024 (NBEA), organised by the National Chamber of Commerce of Sri Lanka.

CFA Society Sri Lanka is to hold its inaugural CFO Forum titled ‘Riding the Challenges towards the Opportunity’, on Tuesday, July 16, 2024, from 7:30 a.m. to 9:30 a.m. at Kings Court, Cinnamon Lakeside, Colombo.

Veteran banker Rajendra Theagarajah is geared up to lead First Capital Holdings PLC, a member of the Janashakthi group, as Chairman, along with key appointees to the board.

The Institute of Chemistry Ceylon is to hold its Open Day on Saturday, July 6, 2024, at 10:00 a.m., at Adamantane House, 341/22, Kotte Road, Rajagiriya (near the Official Languages Department).

Tourism MSME Business Summit 2024, a pivotal event for Sri Lanka’s economic development, was successfully hosted in Sigiriya.

A delegation of regional heads from Unilever, a global leader in consumer goods, recently visited the facilities of ALFT Packaging Company, a pioneering manufacturer of flexible packaging solutions in Sri Lanka.

At the recent National Project Management Excellence Awards 2024, held at Hotel Galadari in Colombo, SLT-Mobitel secured six prestigious awards.

Two leading ministers, Industries and Health Minister Dr. Ramesh Pathirana and Justice Minister Dr. Wijeyadasa Rajapakshe, on Sunday lambasted the banking sector for half-hearted support to the struggling micro, small and medium ent

The U.S. Embassy in Colombo, in partnership with the Sri Lanka Department of Import and Export Control, launched the first Sri Lanka Strategic Trade Forum recently.

Saudi Arabia aims to utilise her vast arid lands to harvest renewable energy resources and to increase her share of renewables to around 50 percent by the year 2030. This is similar to Sri Lanka’s stated goal of 70 percent renewable energy usage by

Despite a notable reduction in formal cigarette consumption, the use of informal cigarettes such as beedi cigars remains a significant concern in Sri Lanka.Continued beedi consumption, especially among the poor, demands sustained efforts and innovati

Ceylon Eco Friendly Products (Pvt.),which came up with an innovative project to recycle shredded currency, had got clearance from international patent rights bodies and is now slated to start up an international level business.

The 29th National Bartenders Competition 2024 concluded with a spectacular Grand Finale on June 14th at the Cinnamon Grand, Colombo.

Heritance Aarah, nestled in Raa Atoll of the Maldives, has been honoured with an important accolade by the Forbes Magazine as the Best Beachfront All-Inclusive Resort for Families in 2024. This is t

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

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

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

dnata Travel Group, a leading Dubai-based travel services provider, part of the Emirates group, is launching a travel industry event in Sri Lanka this June, ‘Horizon: Sri Lanka’, hosted by senior representatives from its global brands, amidst gro

On May 16, a few experts from the education sector gathered at the Centre for Poverty Analysis (CEPA) in Colombo for a roundtable discussion on ‘inequalities’ of the proposed National Education Policy Framework (NEPF) of Sri Lanka, organised join

National Savings Bank (NSB), the largest licensed specialised bank in Sri Lanka, presented its integrated annual report 2023, themed ‘Shaping our Mettle’, to President Ranil Wickremesinghe. The bank de

People’s Leasing & Finance PLC, a leading non-banking financial services provider in Sri Lanka, has demonstrated remarkable resilience and strategic foresight in its financial performance for the fiscal year 2023/24. The com

The Commercial Bank Trade Club, a platform created by the bank to empower importers and exporters by providing them easy access to the bank’s trade services, recently hosted an event for more than 100 customers, to foster economic grow

In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Sri Lanka’s Immigration and Emigration Department has reintroduced the Investor Visa programme. This revamped initiativ

Sri Lanka-based digital agency Antyra Solutions has achieved the 2024 Premier Partner status in the Google Partners programme. Antyra’s team of ex

Pan Asia Bank announced the partnership with the Institute of Bankers of Sri Lanka (IBSL). This collaboration will be a key factor for Pan Asia Bank to offer the students of the IBSL the most important practical training opportunities based on the Pr

Eco Tablet, which has introduced many vehicle-care solutions using nano technology, has launched its latest products, Glass Reborn and Glass Cleaner Rain Drop, which clean all the glass and side mirrors of vehicles and give them a brighter and transp

Trade Promoters Limited celebrated its five-year milestone of revolutionising the Maldives’ energy sector through its appointed dealer Electrify Maldives. Electrify Maldives, representing Cummins in the Maldives, has been at the forefront of provi

Seylan Bank PLC, in collaboration with the Asian Development Bank (ADB) and government of Sri Lanka, will disburse working capital and long-term loans from the ADB, aimed at bolstering the small and medium enterprise (SME) sector in the country. In a

Colombo Stock Exchange (CSE) Commercial Division Senior Vice President Punyamali Saparamadu provided a detailed overview on the strategies adopted by the CSE to stimulate growth and broaden its revenue sources. Her insights also highlight the new pro