Vaxxinova International BV, a global leader in the manufacturing of animal vaccine products, has appointed Dymec Ceylon Pvt Ltd, a prominent player in the veterinary pharmaceutical industry in Sri Lanka, as its exclusive distributor for marketing and

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) once again empowered the corporate world by ushering in 343 new Chartered Accountants, who will chart the course of the ever-evolving corporate landscape, armed with their versatile a

While the devastating impact of last year’s economic crisis continues to reverberate across the nation, a triple planetary crisis – climate change, pollution and biodiversity loss – looms larger still over Sri Lanka. From the establishment of H

Lanka Ventures PLC, a prominent Sri Lankan investment firm, has announced a strategic investment in Jendo Innovations, a cutting-edge biomedical engineering start-up based in Sri Lanka. Jendo Innovations has pioneered a revolutionary medical device

AFP: The United States unveiled yesterday a list of 31 tech hubs that it will create as part of the vast investment scheme that President Joe Biden hopes will help him win reelection. Commerce Secretary Gina Raimondo said these centers will create jo

The Export Development Board (EDB) yesterday announced it has initiated the process of revitalising its existing National Export Strategy 2018-2022, to assist in the country’s journey towards economic advancement. Spearheaded by the EDB, the effor

Alipay+ recently signed an MoU with Sri Lanka’s national payment network LankaPay towards enhancing inbound and outbound travel experience through cross-border digital payments, enabling users of Alipay+ payment partners to make payments seamlessly

President Ranil Wickremesinghe and Transport and Highways Minister Bandula Gunawardana during their visit to Beijing engaged in discussions with top executives from China’s BYD Company...

China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce...

The International Monetary Fund (IMF) expects a property and inheritance tax that is currently in the planning will be a key source of additional revenue for the government in the year...

Sri Lanka plans to utilise the International Monetary Fund’s (IMF) second tranche of the Extended Fund Facility (EFF) for settling arrears owed to multilateral creditors and accelerating....

Fitch Ratings has affirmed Sri Lanka-based Lion Brewery (Ceylon) PLC’s National Long Term Rating at ‘AAA(lka)’. The Outlook is Stable. The affirmation....

Sri Lanka’s premier business chamber, Ceylon Chamber of Commerce wants Sri Lankan citizens to take ownership of the reform agenda currently underway with the support of the International Monetary....

Sri Lanka’s debt restructuring process is expected to progress more smoothly as China has affirmed its commitment to collaborating with other creditors to assist the island nation in navigating....

The cement arm of billionaire Gautam Adani said on Friday it had secured a US$ 3.5 billion loan from a clutch of international banks to refinance debt it had taken to buy ACC Ltd and Ambuja....

HNB PLC, Sri Lanka’s leading private sector bank, recently announced their strategic partnership with Bancstac, a payment technology company, to launch innovative payment capabilities and...

Commercial Bank of Ceylon recently received the award for the Best Bank in Sri Lanka in 2023 from the US-based Global Finance magazine, at the 30th edition of the magazine’s annual awards....

People’s Bank’s Kalutara Regional Export Hub was recently declared open at the Panadura branch by Chief Executive Officer/General Manager Clive Fonseka. The Export...

HNB Assurance PLC achieved a remarkable milestone by clinching the coveted Best of Sri Lanka award at the 37th Annual International ARC Awards, recognised as the world’s largest and most...

LB Finance PLC proudly announces its recent recertification as ISO/IEC 27001:2022, marking a historic milestone as the first financial institution in Sri Lanka to achieve this prestigious....

Hatch, in collaboration with GIZ Sri Lanka and the European Union (EU), recently implemented Green Innovation Lab – an agri incubator programme. This showcased....

Bodyline, the official clothing sponsor for the Sri Lanka Athletics, felicitated the national team that brought glory to the nation at the recent Asian Games 2023, held in Hangzhou, China. Bodyline...

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, reached a significant milestone in its commitment to sustainability and transparency by becoming the first telecommunications....

REUTERS: The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka, as it seeks funding to bridge the gap between government revenue and expenditure, the International Monetary Fund (IMF) mission chief f

Finance State Minister Shehan Semasinghe yesterday said Sri Lanka is poised to receive the second tranche of US $ 330 million, subsequent to the approval of the first review of the Extended Fund Facility (EFF) by the International Monetary Fund (IMF)

The Sri Lanka Gem and Jewellery Association (SLGJA), at its 21st Annual General Meeting (AGM), stressed on industry collaboration and resurgent export economy through sustainability to uplift the sector.

The total offering at the Colombo Tea Auction was similar to last and totalled 4.6 million kilogrammes, which was met with less demand. The prices were firm to easier, particularly as the sale progressed.

Techno 2023, the biggest showcase in Sri Lanka related to engineering and technology, yesterday brought together the complete spectrum of solutions that powers the world.

Several prominent Chinese institutions have shown keen interest in extending academic and technical support for the envisioned International University on Climate Change in Sri Lanka, the Presidents’ Media Division said.

BBC: Government borrowing in September was lower than most economists had expected but remains high, figures show.