SL to finalize US $ 200mn swap with China Development Bank

Sri Lanka has reached the closing stages of negotiations for a US $ 200 million currency swap 

Hambantota port sale proceeds from January

The sales proceeds from the sale of the Hambantota port to an undisclosed Chinese party is 

SL mulls issuing sovereign bonds in 2017 and 2018

In a bid to stretch the international bond maturities that are due from 2019 continuously up to 2021, 

LMRB marks 35 years of market research in Sri Lanka

Lanka Market Research Bureau Limited (LMRB), which was established in 1981 as the first 

Int’l Film Producers’ Association formed

A much-needed platform for the international film producers was formed with the membership of most 

CMA partners CII-TCM Cost Congress in India

The Institute of Certified Management Accountants (CMA) of Sri Lanka signed a Memorandum of 

Selyn celebrates 25 years of empowering handloom artisans

In November 1991, Selyn, Sri Lanka’s only fair trade guaranteed handloom company, began its 

Male to host Maldives International Education & Career Expo

The Maldives International Education & Career Expo will be held for three consecutive days on March 

Appeal Court issues notices on SEC, CSE, CDS and Bartleet Religare after action by investor

Notices have been issued this month by the Court of Appeal to the capital market regulator Securities 

Seylan secures US $ 15mn term loan from UAE’s RAKBANK

Sri Lanka’s Seylan Bank has secured a US $ 15 million, five-year funding line from the National Bank of 

Maldives records second best tourist arrivals in October for this year

Despite a slowdown in the global economy, the Maldives attracted 117,489 arrivals in October at a 

FinMin’s barrage to capture CB’s territory continues

Sri Lanka’s Finance Minister Ravi Karunanayake reaffirmed his intentions to reduce the autonomy of 

Rupee falls on importer dollar demand

REUTERS: The Sri Lankan rupee ended weaker yesterday, a day ahead of the Central Bank’s rate 

Shares hit near 8-mth low ahead of CB rate decision

REUTERS: Sri Lankan shares fell yesterday to a near eight-month low, ahead of Central Bank policy 

CTC feted among Business Today Top 30 corporate entities for 2016

Ceylon Tobacco Company (CTC) secured the fourth position among Business Today ‘Top 30’ corporates at the award ceremony held recently in Colombo. 

Photo Technica launches three path-breaking Nikon models

Three Nikon KeyMission models, which are amongst the latest Japanese trend-setters, were unveiled in Sri Lanka by Photo Technica recently. 

CA Sri Lanka to hold session on restructuring and revival of companies

With the world we operate in becoming more challenging and complex, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), together with the Business Recovery and Insolvency Practitioners’ Association of Sri Lanka (BRIPASL) and Registrar of Companies has organised an awareness session on restructuring and revival of companies. 

Fonterra’s dairy programme recognised at Best Sustainability Projects Awards

Fonterra Brands Sri Lanka, the company behind Anchor, has been recognised at the 2016 Best Corporate Citizen Awards presented by the Ceylon Chamber of Commerce for its dairy development programme.

Brandix dedicates head office to Ken Balendra

The Brandix Group has paid tribute to an inspirational trailblazer by naming its head office at Rheinland Place, Colombo 3, after the business leader Ken Balendra, the Group’s first Chairman, at a simple ceremony held on November 28th.

CSE powers CA Sri Lanka’s 52nd Annual Report Awards as strategic partner

The Colombo Stock Exchange (CSE) has once again extended its support for the prestigious Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Richlife launches Sri Lanka’s first probiotic drinking yoghurt

The pioneers of drinking yoghurt in Sri Lanka, Richlife, recently launched the nation’s first ever drinking yogurt with probiotic and real fruit. 

China Show business seminar eyes on strengthening bilateral trade

A business seminar titled ‘Innovative Products from China’ was held during the afternoon session of the first day of the second edition of China Products (Colombo Sri Lanka) Exhibition 2016.  

CIMA ‘Art of Fraud’ Mastercourse on Dec. 6

CIMA Sri Lanka has organised a Mastercourse titled ‘Art of Fraud – Financial Smoke Screens Demystified’ on December 6, at the CIMA auditorium. 

MAS acquires first patent from local high-tech research institute

Sri Lanka’s apparel manufacturing giant, MAS Holdings, yesterday reached yet another milestone having acquired its first intellectual property (IP) from a Sri Lankan institute, where the concept, from bench to market, was originated and researched locally.

EU supports UNOPS-WHO healthcare waste management initiative in SL

The United Nations Office for Project Services (UNOPS) and World Health Organisation (WHO) partnered in the Batticaloa District to support healthcare waste management at the Valaichchenai Base Hospital. This initiative has also benefitted staff from other hospitals in the region due to sharing of information and best practices. 

Top brewer says regime change failed to offer sanity in policymaking

The rashness demoThe rashness demonstrated by the new regime in making tax policies has not only made the nstrated by the new regime in making tax policies has not only made the 

LOLC-Club Méditerranée ink deal for first Club Med resort in Sri Lanka

Sri Lanka’s diversified LOLC group and the French upmarket resort operator Club Méditerranée, which 

ComBank’s fully-owned subsidiary Commex inaugurated in Italy

Commex Sri Lanka S.R.L., a fully-owned subsidiary of Commercial Bank of Ceylon PLC, has 

Higher taxes on Internet services requested by operators: FinMin

Sri Lanka’s Finance Minister last week said that increased taxation on Internet services was 

Anthony Fernando appointed to CSE board

The Colombo Stock Exchange (CSE) last Friday announced the appointment of Anthony M. Shanil