UK Prime Minister’s Trade Envoy to Sri Lanka Lord Davies of Abersoch and UK High Commissioner to Sri Lanka Andrew Patrick met Board....

The KPMG Sri Lanka Academy is hosting a webinar on wealth, inheritance and gift tax on November 9, at 3:00 p.m. The session....

Commercial Bank of Ceylon has been ranked as the Strongest Bank in Sri Lanka in 2023 by TAB Insights, the global research...

Union Bank was able to continue a steadfast performance in the 9 months ended 30 September 2023, recording a notable improvement...

Country’s No.1 Banking Brand for 15 consecutive years, Bank of Ceylon (BOC) was offered the certificate of recognition as a banking....

India’s capital New Delhi was wrapped in a thick layer of toxic haze on Friday and some schools were ordered closed as the air quality...

Oil and gas giant Shell has posted strong profits helped by oil prices rising again. The energy giant reported earnings of US$ 6.2bn...

In a commitment to championing best management practices, the Institute of Chartered Professional Managers of Sri Lanka ....

Shippers Academy, AmCham, JAAF hold forum to highlight importance of labour law reforms to increase competitiveness Stakeholders emphasise flexible work hours, restructuring costs of vital importance to sustain apparel industry Ministry of Labour st

The Court of Appeal has issued an interim order suspending the implementation of the seizure notices and restraining the Customs....

Ceylon Energy, a strategic alliance of St Theresa Industries, in collaboration with Qingdao Huijintong Power Equipment Co., Ltd (HJT)....

The United States District Court has granted Sri Lanka’s request for a six-month halt on Hamilton Reserve Bank’s (HRB) lawsuit against the country, US media reports said.

Sri Lanka’s premiere private sector commercial bank, Hatton National Bank PLC (HNB), clinched the Sri Lanka Technology Excellence....

Western Union delegates recently paid a visit to People’s Bank, Wellawatta branch, during their official visit to Sri Lanka. During....

PIM recently celebrated the success of the fintech implementation project by the MBA 2023 students. As part of their course...

The local alcohol beverage manufactures were given assurance by the government this week that their product ranges will soon be allowed on the shelves of duty free premises. Investment Promotions State Minister Dilum Amunugama assured that the neces

The overall offerings at the Colombo Tea Auction are observed to be increasing, with this week showing a further improvement, as the quantities totalled 5.3 million kilogrammes. However, the offering was met with less demand for the High and Medium

BBC: One of the world’s biggest shipping firms is to cut 3,500 more jobs due to lower freight rates and demand. AP Moller-Maersk already cut 6,500 roles earlier this year as part of “rigorous cost containment measures” but said more redundancie

INFOTEL 2023 ICT exhibition kicked off yesterday at the Bandaranaike Memorial International Conference Hall, Colombo, focusing on the theme ‘Fuelling the Digital Economy’. While putting the spotlight on key areas of the digital economy, to suppo

NN: Elon Musk declared artificial intelligence (AI) “one of the most disruptive forces in history” in a sit down conversation with British Prime Minister Rishi Sunak that dove into the dangers and opportunities of AI on Thursday, capping off the

UK Prime Minister’s Trade Envoy for Sri Lanka Lord Davies of Abersoch visited Colombo from October 31 to November 02, 2023. During the visit, Lord Davis had meetings with Central Bank Governor Dr. Nandalal Weerasinghe, Power and Energy Minister Ka

The Confederation of Indian Industry (CII) delegation, accompanying Finance Minister of India Smt. Nirmala Sitharaman, visited the Board of Investment (BOI) on Thursday, to discuss investment opportunities and understand the current investment climat

Sri Lanka’s total volume of digital retail payments can potentially reach up to Rs 77.2 trillion by 2027, 128 percent more than the 2022 level, analysis from Robocash Sri Lanka has revealed.

Sri Lanka has not met its monthly tourist arrivals targets for three consecutive months, with October falling short as well, the data released by the tourism authority showed.

President Ranil Wickremesinghe has expressed his commitment to prioritising proposals from the private sector in the 2024 budget and conducting separate examinations of related areas.

After a five-year pause, India and Sri Lanka have resumed discussions on the Economic and Technology Cooperation Agreement (ETCA). The twelfth round o

Indian Finance Minister Nirmala Sitharaman, who is currently on a visit Sri Lanka, is expected to inaugurate two new branches of the State Bank of India (SBI) in Trincomalee and Jaffna today (Nov.3). SBI is a public se

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB, A(lka)/Stable) proposed rupee-denominated Basel III-compliant subordinated debentures of up to Rs.12 billion a final National Long-Term Rating of ‘BBB+(lka)’.

Colombo-based equity brokerage and investment bank CT CLSA says the Value-Added Tax (VAT) increase slated to come into effect from January 1, 2024, is likely to dampen consumer spending in the near term.

In an effort to tackle the brain drain issue faced by the tourism sector, the Sri Lanka Institute of Tourism and Hotel Management (SLITHM) has initiated rolling out short-term training programmes, where it will be mandatory for the students to serve