CIMA President Steven Swientozielskyj in town

The 85th President of The Chartered Institute of Management Accountants (CIMA), Steven Swi...


Sri Lanka Buildcon and Sri Lanka Wood 2018 open

Sri Lanka Buildcon 2018 and Sri Lanka Wood 2018, two trade shows organised by Futurex Trad...


MAS Holdings announces new JV with Best Pacific

MAS Holdings entered into a joint venture agreement with Best Pacific International Holdin...


Shares climb on foreign buying, post 3rd week of gains

COLOMBO (Reuters) - Sri Lankan shares ended slightly firmer yesterday, boosted by foreign ...


Asian markets mostly down on China tariff fears

 HONG KONG (AFP) - Most Asian equities sank yesterday as investors fret that the US w...


CA Sri Lanka launches auditing standard for Non-SBEs

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), recently launched the ...


Moody’s says CB has no room to cut rates any further

Moody’s Investors Service does not see room for further rate cuts by Sri Lanka&rsqu...


SL’s only reinsurer gets ‘AA-’ rating from Fitch

Fitch Ratings has affirmed National Insurance Trust Fund Board’s (NITF) National Ins...


Rupee ends firmer after hitting fresh low

(Colombo) REUTERS: Sri Lankan rupee hit a fresh low for the 13th straight session yesterda...


Shares end weaker; turnover slumps to near 5-month low

(Colombo) REUTERES: Sri Lankan shares ended weaker yesterday and turnover slumped to a nea...


Expert urges Sri Lanka to expedite reforms to drive e-commerce

Sri Lanka has much work to do for its economy to fully reap e-commerce benefits, according...


August tourist arrivals up 4.9%

Sri Lanka crossed the 200, 000 tourist arrival mark for a single month again as arrivals i...


UK to continue farm subsidies for five years after Brexit

AFP: The British government said this week it will match European Union subsidies for farm...


Corporate debt serviceability to weaken amid higher interest rates: Moody’s

Sri Lankan corporates, which piled up heavy bank borrowings leading up to the balance of p...


Microsoft ScaleUp to take local start-ups global

Microsoft plans to take the local start-ups to the next level supporting them to expand gl...


Govt.’s budgetary operations pose positive signs to down deficit to 3.5% by 2020

Suffering from little to no sustainable fiscal outcomes and the budget pumping excess dema...


Shares slip from over 3-wk high on foreign selling

(Colombo) Reuters: Sri Lankan shares ended slightly weaker yesterday, snapping a five-sess...


EOIs to be called for new lubricant import licences

The Petroleum Resources Development Ministry is preparing to call for Expressions of Inter...


Rupee hits record low for 12th straight session

(Colombo) Reuters: The Sri Lankan rupee hit a record low for a 12th straight session yeste...


Shares hit over 3-week closing high in lean trade

(Colombo) REUTERS: Sri Lankan shares rose for a fifth straight session yesterday and marke...


Rupee hits record low for 11th session

(Colombo) REUTERS: The Sri Lankan rupee fell to an all-time low yesterday, marking its 11t...


Finance Ministry to launch special hotline for public complaints on ESL loan process

Ministry of Finance will launch a special hotline next week to receive public complaints o...


Logistics industry needs dynamic leadership to march forward: Ruwan

Sri Lanka’s striving logistics industry was yesterday advised by the government to t...


Russia’s Aeroflot to resume direct Colombo flights

Russian airline, Aeroflot, will re-launch regular non-stop flights to Colombo from October...


Palm Oil Industry Association launched to advocate sustainable growth

Businesses with a cumulative investment of approximately Rs.26 billion in the oil palm ind...


Japan’s Belluna says will invest US$ 500mn in Lankan real estate, hospitality sectors

Belluna Co., a Tokyo Stock Exchange - First Section listed company, and a significant play...


IFC ceases to be among top 20 shareholders of Dialog

IFC, the private sector funding arm of the World Bank, has significantly cut its exposure ...


Asia Pacific sovereigns face rising external challenges: Fitch

The external environment facing Asia Pacific economies is becoming more difficult, but is ...


Poor consumer sentiment hinders Cargills 1Q

Weak consumer sentiments hit Cargills Ceylon PLC as the country’s largest privately-...


July motor car registrations hit 3-year high

Motor car registration surged to three-year high in July before the Finance Ministry put b...


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