Food and non-food prices push Lanka’s national inflation to 4.3% in April

Sri Lanka’s national inflation which captures price movements across all provinces increased by 4.3 percent

Finance academics form body to fight finance illiteracy

??By Chandeepa Wettasinghe Less than 5 percent of the population has a grasp of finance, which has contributed

NITF obtains catastrophic reinsurance cover up to Rs.10bn

Sri Lanka is now among the countries that incorporate the best practices of the insurance trade, for protecting

Turkish Red Crescent Society donates flood relief supplies

In response to the call of the Government of Sri Lanka for assistance from the international community,

David Pieris Group equips computer and science labs for Sampoor MV

Working to make a difference in the communities it serves, David Pieris Group, as part of its ongoing welfare 

DPMC launches Mobile App designed by Wijeya Digital Media

David Pieris Motor Company Limited (DPMC), Sri Lanka’s largest automotive company announced the launch

Are Lankan exports to India over dependent on concessions?

Sri Lanka’s exports as a share of GDP have declined from 33 percent in 2000 to 13 percent in 2015.  One

NTB receives ISO/IEC 27001:2013 certification

Nations Trust Bank PLC reached yet another milestone in their relentless quest to provide world class service

Overwhelming response for Venture Engine 2016 submissions

Sri Lanka’s entrepreneur empowerment platform, Venture Engine has ended its “Call for Entries”, with the

SLT hands over flood contributions to DMC

In response to the calamity faced by many Sri Lankans during the recent extreme weather conditions, Sri Lanka 

NDB Wealth launches revolutionary ‘One Account’

Expert financial planner NDB Wealth has taken a leadership role in promoting NDB Bank’s revolutionary 

Discussion on clean energy projects on May 31st

An awareness programme on the IFC and Government of Canada’s financing of clean energy projects that

Vehicle imports up 60%, registrations up 56% in 2015: report

Expenditure on imports of motor vehicles into Sri Lanka recorded a 60 percent growth in 2015 compared

Chinese company provides disaster relief

A Chinese company donated 200 thermo flask bottles and Rs.100,000 to Sri Lanka on last Friday in  support 

Sri Lanka Tourism celebrates Golden Jubilee tomorrow

The month of May 2016, marks a golden milestone for Sri Lanka Tourism with the grand celebration of its 50th anniversary. 

Life and general insurance segments lift AAI first quarter profit by 6 percent

Asian Alliance Insurance PLC (AAI), a unit of Softlogic group, increased its net profit by 6 percent from

Romesh David appointed CILT International Vice President

Romesh David was recently appointed to the International Management Council of the Chartered Institute 

LIC Lanka relaxes death claim requirements for flood victims

During the recent floods and landslides due to inclement and adverse weather conditions in the island, many

Lanka IOC donates Rs. 5 mn to DRF

Lanka IOC PLC recently contributed a sum of Rs.5 million to the “Disaster Relief Fund” of the Presidential Secretariat, in order to help the affected people. 

CICT supports national disaster recovery effort

Colombo International Container Terminals (CICT) has presented the first batch of consignment of essential

Chinese Digital Marketing Experts to speak at Cinnamon Travel Bloggers Conference

The much anticipated Cinnamon Travel Bloggers’ conference(TBC Asia)scheduled for 7th June 2016 at Cinnamon Grand Colombo

Key segments push Hayleys March quarter net up 49%

Diversified conglomerate, Hayleys PLC increased its March quarter (4Q16) net profit by 49 percent from a year ago

Flood-hit Laugfs Gas plant to resume operations this week: official

??By Udara Liyanarathna The flood-hit liquid petroleum gas (LP gas) plant of Laugfs Gas PLC in Mabima

SL must embrace ‘foresight’ to fulfil sustainable development agenda: Malaysian govt. official

As Sri Lanka stands at a critical juncture in its development path, a top Malaysian government official

April tea production suffers due to severe drought

Tea production in Sri Lanka for April saw a considerable decline to 26.47 million kilogrammes (M/kg), compared

Industry body says flood impact on insurers not big

??By Chandeepa Wettasinghe The brunt of approximately Rs.7 billion insurance payments required for compensation

Govt. braces to present 4-year economic plan next month

Prime Minister Ranil Wickremesinghe yesterday said the new regime could finally heave a sigh of relief

Ceylinco Life policyholders treated to thrills and spills of Leisure World

The precincts of Leisure World rang with the sounds of unbridled fun and frolic recently when Ceylinco Life hosted policyholder families from every district of Sri Lanka to a day at the theme park in Avissawella.

Promoting advanced technology in Asia

For nearly 50 years, the Asian Development Bank has supported its developing member countries as they strive to close their infrastructure gaps. Building on the progress made over that time, these countries now recognize the importance of adopting higher technical specifications and advanced technology in infrastructure projects. But they are often unaware of the options available and can be deterred by high initial costs.

EDB discusses World Export Forum with Polish envoy

The New Delhi-based Ambassador for the Republic of Poland to Sri Lanka Tomasz Lukaszuk met the Chairperson & CE of EDB Indira Malwatte in Colombo this week. The discussion centered on the Polish participation at the World Export Forum to be held In Colombo in October this year.