Sampath Bank to promote responsible holidays

Proving once again that they stand firmly beside their proposition of being the Responsible Choice, Sampath Bank announced their latest innovation in the Banking sector.  

Cathay Pacific launches special flash fares to Australia

Cathay Pacific Airways has launched special fares from Colombo to Melbourne to cater to the increasing demand to Australia this season. 

Raffles Residence launched in Nugegoda

A brand new two-banquet venue waslaunched in the heart of Nugegodaon 27th March and is truly a destination for glamorous weddings and events. Featuring two banquet halls with a seating capacity of 300 and 100,

High level delegation visits WEF as follow-up to Davos Summit

Following the participation of Prime Minister Ranil Wickremesinghe and delegation at the World Economic Forum (WEF) Annual Meeting in Davos in January, a Sri Lankan delegation consisting of senior government 

Pakistan, Iran aim to boost trade to US $ 5 billion

REUTERS:  Pakistan and Iran aim to increase annual trade volumes between the two countries to US $ 5 billion by 2021, Pakistani Prime Minister Nawaz Sharif said on Saturday.

Sadaharitha offers high returns with world’s most expensive Agarwood

Prized for its valuable dark and dark brown or black resinous core, Agarwood has been hailed as a sustainable investment offering financial stability.

AIA Executive Chairman meets PM

Representing the largest independent publicly listed Pan-Asian life insurance group with a presence in 18 markets across

to pursue digital marketing, let customers lead the way

The past decade has marked the beginning of the ‘Age of the Customer’, in which technology and economic forces have put customers in control of their interactions with businesses. These businesses,

China Fashion Week

This photo taken on March 26, 2016 shows models parading creations during the ‘Asahi Kasei China Fashion Designer Creative Awards’ 2016/17 A/W collection show designed by Liu Sicong at China Fashion Week in Beijing (AFP)

Initiatives for economic development through climate adaptive, toxin free agriculture

Capacity building workshops for farmers of the Trincomalee district on climate change adaptation for agriculture,

Impact of capital gains tax on quoted shares

The Colombo bourse received a large number of hard punches in the past three decades and may be eventually subjected to the ‘Parkinson disease’ if this trend is not averted. The stock exchange officials 

Sri Lanka holds Global Student Entrepreneurship Awards

The Global Student Entrepreneurs Awards (GSEA) held its first-ever event in Sri Lanka at the BMICH recently.

Orion City fast tracks Bellatrix Building project to meet market demand

Responding to rapidly increasing demand for modernized, high-end commercial office space in Colombo, 

Browns commissions Sri Lanka’s first ever Oolong tea factory

Brown & Co., PLC was recently entrusted with the conversion of the existing Waldemar orthodox Tea Factory situated in the Udapussellawa district to manufacture Oolong tea.

Hirdaramani wins Gold at JASTECA 5S Awards

The Hirdaramani group bagged the prestigious Gold award from the Japan Sri Lanka Technical and Cultural Association 

Lalin Jinasena introduces modern and intelligent design

Casa Colombo was voted “The Best Design Boutique Hotel in the World” in 2012 by the Boutique Hotel Awards, 

EY launches training series on IFRS

Ernst & Young (EY) launched its series of training programmes on the newly introduced International Financial Reporting Standards (IFRS), 

Access Engineering begins housing project for public servants

Pilling work for the construction of 608 residential housing units for the government sector employees was commenced by Access  Engineering PLC.

Fertilizer applied to fields today will pollute water for decades

Science Daily: Dangerous nitrate levels in drinking water could persist for decades, increasing the risk for blue baby

Banks’ asset quality to wane in 2016, but not a major concern: report

The rise in interest rates and the resulting slowdown in the economy could increase the banking sector bad loans marginally but will not be a major concern for the sector stability, according to a banking sector report by a Colombo-based 

Sri Lanka’s housing programme for North, East caught in row

The Hindu: The Sri Lanka government’s ambitious project of building 65,000 houses in the civil war-hit Northern and Eastern provinces in five years is embroiled in controversy, much before it can gather

Prevailing drought pushes low country tea planters from frying pan to fire

Declining prices of tea in the world market and abolishing of the fertilizer subsidy and now the prevailing drought have pushed the low country tea planters, specially the small-scale tea planters from the frying pan to fire, 

Fairfax reports record-breaking results for 2015

Fairfax recently announced its best underwriting results in its 30-year history with US $ 705 million in underwriting 

BOJ negative rates made simple: all in 5 minutes

REUTERS: The Bank of Japan (BOJ) published an easy-to-understand note on negative interest rates on Friday, in an effort to explain to the public key elements of its controversial policy.

Microsoft apologizes for offensive tirade by its ‘chatbot’

REUTERS:  Microsoft is “deeply sorry” for the racist and sexist Twitter messages generated by the so-called chatbot it launched this week, a company official wrote on Friday, after the artificial intelligence programme went on an embarrassing tirade.

Sri Lanka’s debt situation: What are our options?

The external financing situation for Sri Lanka is certainly a big worry for both the government and private sector. 

China-backed bank says more than 30 countries await membership

REUTERS:  More than 30 countries are waiting to join the China-backed Asian Infrastructure Investment Bank (AIIB), adding to its 57 founding members, its president said on Friday. The AIIB

U.S. 4Q GDP growth raised to 1.4%; profits tumble

REUTERS: U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang.

Blue Mountain crowned ‘Most Promising Brand in Asia 2016’

Blue Mountain was awarded the ‘Most Promising Brand in Asia 2016’ - Real Estate Category, at the 3rd Asia Brands and Leadership Summit held in Bangkok recently. 

NCC treasury management seminar on April 5

The National Chamber of Commerce (NCC), in association with JB Financial, will hold a seminar on ‘Insight Into