With the countdown to the forthcoming abolition of the Simplified Value-Added Tax (SVAT) system ticking down to an end date of April 1, 2025, the apex body of the Sri Lankan apparel industry, the Joint Apparel Association Forum (JAAF), urged the gove

The Association of Chartered Certified Accountants (ACCA) announced the awarding of the prestigious Gold Approved Learning Partner status to onlineaccounting.lk, recognising its exceptional contribution to the field of accounting education.

Scope Cinemas is set to revolutionise cinema experiences in Sri Lanka with the opening of its new IMAX theatre at Havelock City Mall on July 26, 2024.

Onomichi Dockyard Company Japan Managing Director and Colombo Dockyard PLC (CDPLC) Director Kunio Kobatake recently visited the Hambantota International Port (HIP).

Amana Bank has announced the appointment of Azreen Zaheer, a seasoned financial professional with over 30 years’ experience to its board of directors as a Non-Executive Independent Director, with effect from July 20, 2024.

Maharaja Foods Limited (MFPE), a renowned manufacturer and exporter of authentic Sri Lankan food and spices, proudly announces commencing secondary market trading at the Colombo Stock Exchange (CSE) today.

Presidential Environment Awards 2024, organised by the Central Environmental Authority, with the aim of preserving Sri Lanka’s environmental safety, was held under the patronage of President Ranil Wickremesinghe on June 28, 2024, at 10:00 a.m., at

Prime Minister Dinesh Gunawardena convened a meeting yesterday with the co-chairs of the Citra Social Innovation Lab Governance Board on operationalising Citra 3.0.

Abans Auto (Pvt.) Ltd, the leading automotive company in Sri Lanka, announced its continued commitment to eco-friendliness and sustainability with the opening of the second ever flagship showroom of Yadea electric bikes in Sri Lanka, on July 22, 2024

Litro Gas Lanka Limited, Sri Lanka’s leading LPG provider, held its Long Service Awards Ceremony 2024, honouring the dedication and commitment of its employees.

Unilever Sri Lanka, a renowned leader in sustainable business practices, secured the coveted Gold award in the Clean Energy for Productive Uses category, at the inaugural International Symposium on Green Industry Initiative for Sustainable Industrial

The Bio Energy Association of Sri Lanka held its Annual General Meeting (AGM) recently, at the Institution of Engineers and appointed a new executive committee.

SOS Children’s Villages Sri Lanka, in partnership with Hatton National Bank (HNB), recently celebrated a milestone with the introduction of the 817th HNB ATM at SOS Children’s Village in Piliyandala.

Groundworth Partners, a leading real estate and investment company, recently announced the launch of its prestigious real estate project, Groundworth St. Katherine Gardens, in Hokandara.

Kaspersky Safe Kids has received the ‘Approved’ certificates from AV-TEST and AV-Comparatives, independent testing organisations, for its outstanding effectiveness in blocking inappropriate content.

Treasury Secretary Mahinda Siriwardana yesterday said the country is still few more steps away from celebrating the success of nearly two years of debt restructuring exercise.

Japan yesterday became the first country to resume bilateral funding for the development projects in Sri Lanka, after sealing the external debt restructuring agreement with the country’s official creditors in the previous month.

The Colombo Tea Traders Association’s (CTTA) charity auction held last evening raised over Rs.46 million.

Sri Lanka will see the listing of Maldivian entities in the Colombo Stock Exchange (CSE), as the capital market regulators of the two countries inked an agreement to pave the way for this development.

Despite the recent economic improvements, “very little” system change has been achieved, with the elite control remaining largely intact, said Advocata Institute Chairman Murtaza Jafferjee, stressing that political courage is needed to maintain t

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs 591 Mn.

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on July 23, 2024, decided to reduce the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) by 25 basis points (bps) to 8.25 percent an

Jean-Baptiste Colbert, who served as the French Minister of Finance under King Louis XIV, once said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hi

Almas Equities Pvt Ltd, in collaboration with the Institute of Applied Statistics, Sri Lanka (IASSL), launched the Whitelist Index in February 2023.

The Renewable Energy Protectors’ Association (REPA) recently held a media briefing to voice concerns over the government’s decision to reduce tariff rates for new rooftop solar and renewable energy projects, effective from 1 July.

Eden Groups Eco Farms (Pvt) Ltd, a startup founded by two brothers, is stepping up to revolutionize the country’s poultry feed sector to address shortages in raw materials, by using nutrition-rich larvae from Black Soldier Flies (BSF) and alternati

Fitch Ratings shared that many Sri Lankan finance subsidiaries receive higher ratings due to expected parental support, which often results in ratings that surpass what their standalone performance would typically be.

Sri Lanka’s merchandise export performance for the first half of the year (1H24) totalled US$ 6.098 billion, a 3.87 percent growth Year-on-Year (YoY) when compared with the corresponding period in 2023.

Sri Lankan banks’ operating environment (OE) continues to show signs of stabilisation, Fitch Ratings said, as it is evident in sustained improvements in reported headline macroeconomic indicators, supporting the recovery in banks’ operational fle

Sri Lanka’s Department of Registrar of Companies announced plans to introduce electronic signature next year, in an effort to simplify and fully digitise its services.