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Wed, 15 Jul 2020
With high dependence on digital advertising and online marketing today, Sri Lanka’s pioneering ‘Adstudio’ is set to drive afuturistic transformation in local advertising. As a front-runner to revolutionize traditional advertising with Digi-insp
Crocodile is excited to announce its latest strategic partnership with Round Table Sri Lanka. The partnership, which was announced at the AGM of Round Table Sri Lanka
Unilever Sri Lanka’s e-commerce platform, ‘UStore,’ has been instrumental in providing consumers with access to much needed hygiene products and other essential items
The Chartered Institute of Management Accountants (CIMA) in Sri Lanka will organise the CXO Forum on the theme of ‘Visionaries: Building Sustainable Business
The commemoration ceremony of founding Theros of Sri Lanka Amarapura Maha Nikaya who rendered a noble service for the Sambuddha Sasanaya during the past 217 years
Allianz Insurance Lanka Limited (Allianz Lanka) joined hands with Associated Motorways Ltd. (AMW) to simplify the claims process for policyholders
In what has been recognised as the world’s largest educational crisis, the spread of COVID-19 has resulted in a record number of students being forced to stay away from schools and universities.
By It was James Carville the political strategist behind Bill Clinton’s rise to the US Presidency who introduced the phrase “It’s the economy, stupid” to the lexicon of political campaigning. He made this comment to draw the focus of his camp
Across Asia, the issue of food security perpetually hovers over numerous poor and working class households. Many global social organisations list malnutrition as a major regional challenge, with several estimating that Asia houses 67 percent of the w
Sri Lanka’s trade deficit narrowed by US $ 416 million in May 2020 to US $ 407 million, as imports slumped to less than US $ 1 billion for the first time since March 2010, amid the government-imposed import controls put in place to ease the pressur
Sri Lanka broadened the funding sources that can be collected into the Special Deposit Account (SDA) and made possible cash-backed loans against such deposits, in a further attempt to lure foreign currency deposits, as the Monetary Board and governme
Based on a request by the Government of Sri Lanka (GoSL), the Government of Japan has agreed to provide a Japanese yen 200 million (approx. Rs.340 million) grant, under the Japanese non-project grant aid scheme, for provision of the necessary equipme
Sri Lanka may witness a further downgrade in its sovereign rating in the next cycle. However, a trigger can be avoided with the formulation of a credible fiscal policy that would help the country tackle the mounting external pressures, Fitch
The Central Bank (CB) yesterday announced the suspension of business activities of ETI Finance Limited (ETIFL) and Swarnamahal Financial Services PLC (SFSP), which were formerly owned by the Edirisinghe family.
IFC, a member of the World Bank Group, will support Commercial Bank of Ceylon (ComBank), Sri Lanka’s largest commercial bank, to develop more specially-designed products and services for women, as part of a move to help boost access to finance for
The Central Bank yesterday said little over Rs.5.1 billion has been paid to the registered depositors of the now defunct The Finance Company PLC (TFC), from the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS).
Aitken Spence Hotels is gearing to reopen its hotel properties, offering guests to experience unique hospitality and exemplary cuisine.
As Asia Pacific shifts rapidly to digital commerce, Mastercard is bringing the next generation of seamless payments to the region with an online
Committed to driving digital inclusivity, mCash, Sri Lanka’s pioneering mobile financial solution conceptualized by the National Mobile Service Provider, Mobitel
Midas Safety Sri Lanka, part of world’s leading private-label safety glove manufacturer Midas Safety, donated dry ration packs to vulnerable families
Sri Lanka Telecom PLC and SLT Mobitel together with Manusath Derana are currently carrying out SMILE WITHIN: the one million
Cargo Boat Development Company PLC (CBD) - an associate company of the Renuka Hotels Group - has completed the refurbishment of its landmark building in Fort
One hundred years is a significant milestone in life. The Ceylon Motor Traders Association (CMTA) is one of the oldest trade associations in Sri Lanka and one of the oldest automotive associations internationally. The CMTA is affiliated to the Ceylon
It is inaccurate to say that import controls have hamstrung the local manufacturers and will impinge economic growth, as those who are engaged in domestic value addition industries can continue to import the required inputs, while essential industrie
Vehicle registrations in June picked up to pre-pandemic levels as pent-up demand kicked in with the gradual easing of lockdowns from mid May with people accelerating their vehicle purchases, mostly on their savings as bank credit in to vehicle purcha
The committee appointed to look in to unauthorised finance and leasing companies has proposed to terminate the operations of leasing businesses, which operate without Central Bank license.
IFS, the global enterprise applications company, was recently recognised among the top five Export Corporate Brands for IT Services in the latest edition of the Brands Annual magazine.
Sri Lanka’s small and medium-sized businesses are mulling bringing in new technology and machinery from India to revive the country’s industrial base, according to the Confederation of Micro, Small and Medium Industries (COSMI).
In an effort to uplift the overall experience of a foreign traveller in Sri Lanka, the Tourism Development Authority is gearing up to set up branches across the island that will improve the services extended.
The International Chamber of Commerce of Sri Lanka (ICCSL), the local of chapter of the International Chamber of Commerce (ICC) Paris, has set up an Export and Investment Development Committee to assist small & medium-sized enterprises (SMEs) and oth
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