The upcoming edition of FACETS Sri Lanka, Asia’s premier gem and jewellery exhibition, will be hosted on a much grander scale as the country’s....

Sri Lanka’s trade balance expanded in August as earnings from merchandise exports fell due to continuous decline in apparel exports, while the imports during the month remain subdued. August...

Sri Lanka’s LOLC Group is raising US$ 100 million through an issuance of sustainable bonds that will be listed on the Frankfurt Stock Exchange. LOLC’s Singapore-based....

Representatives of top corporations in the UAE, accompanied by high-potential investors, property developers, hotel owners and leaders in the hospitality and real estate industries, converged....

Suresh Shah, the Director General of the State Enterprise Restructuring Unit, stated that Sri Lanka’s success in managing its public finances would lead to a sustainable fiscal position....

The Asia Internet Coalition (AIC) has expressed its concerns about the Online Safety Bill, which was gazette recently, calling it “draconian” and a blow to Sri Lankans’ “rights to expression.” AIC said....

Sri Lanka’s Central Bank is expected to resume interest rate cuts tomorrow as it attempts to bolster a recovery from its worst economic crisis in decades, capitalising on low inflation to complete....

Indices closed in red as a result of price losses in counters such as Sampath Bank, Melstacorp and Hatton National Bank with the turnover crossing Rs. 854 mn. High net worth and institutional investor...

The Commercial Bank of Ceylon has already converted a substantial number of customers to digital banking and is stepping up its efforts to further facilitate access and functionality, while focusing....

Recognising the contribution to supporting trade in Asia and the Pacific, HNB and Standard Chartered Bank were awarded top honours, receiving the coveted Best Trade Deal of the Year award for Issuing Bank...

In a groundbreaking move, Union Assurance, Sri Lanka’s leading life insurance provider, has introduced automation of the financial questionnaire evaluation to streamline the underwriting....

AIA Health Passport is an industry leading and trendsetting health insurance cover that can be obtained with a life insurance policy. This is a pure health...

The small and medium enterprise (SME) sector is still suffering as a result of the turmoil caused by the sudden and drastic increase in policy rates that triggered the abnormal increase in interest rates...

Le Grand Galle, the highly distinguished Belluna Co. Japan-owned luxury hotel, recently hosted an event to celebrate its fifth anniversary. The hotel is known for its exquisite service and breathtaking vistas...

The World Tourism Day, celebrated globally on September 27, serves as a reminder of the pivotal role tourism plays in fostering economic growth, cultural exchange and environmental....

The Faculty of Arts at the University of Colombo inaugurated its Sustainable Tourism Unit (STU) on October 2, 2023, at the Senate Hall, College House, marking a significant milestone for Sri Lanka’s tourism...

President of the International Federation of Accountants (IFAC), Asmâa Resmouki, will arrive in Sri Lanka on a special invitation extended to her by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). During her stay in Colombo, Resm

The Australian Migration and Education Exhibition organized by Sanji Caldera Associates will be held on October 8 at the Galadhari Hotel in Colombo, where the Managing Director of Sanji Caldera Associates consultant Sanji A. Caldera Sri Lankans can r

The Institute of Certified Management Accountants of Sri Lanka (CMA) will be hosting the ‘CMA Excellence in Integrated Reporting Awards 2023’ for the 9th consecutive year on 6th October at 6.30 p.m. at the Taj Samudra under the distinguished patr

Exterminators PLC announced that it has been certified with the prestigious ISO 9001 quality management system for the 15th consecutive year. This certification acknowledges the company’s commitment to providing exceptional pest management and dis

The President of the Sri Lanka India Society Kishore Reddy and the executive committee of the society organized a commemorative dinner for the 77th Independence Day of India with Prime Minister Dinesh Gunawardena as the Chief Guest, Gopal Baglay, Hig

AB Mauri Lanka recently recognized key employee excellence at a special event, “AB Mauri Star Awards 2023 – “Rising Above. Leading the Way.” Affiliated with Associated British Foods plc and with a presence in 52 plants across more than 30 cou

Link Natural, a subsidiary of the CIC Group, has partnered with SriLankan Airlines to introduce a range of ‘Earth Essence’ personal care products to the airline’s onboard duty-free collection. Link Natural is a leading R&D based manufacturer an

First Capital Research (FCR) has assigned 60 percent probability for the Central Bank to cut policy rates at the upcoming seventh monetary policy announcement for this year on Thursday, October 5. “We believe that there is a 60 percent probability

BBC: China’s gloomy economy has not dampened its people’s wanderlust. It is seeing record travel for the annual ‘Golden Week’ holiday despite slow growth, high youth unemployment and a property market in crisis. More than 21 million people

Sri Lanka ranks 116, out of 165 jurisdictions included in the ‘Economic Freedom of the World: 2023 Annual Report’, released by the Advocata Institute in conjunction with Canada’s Fraser Institute. The current ranking represents a decline in th

The Employers’ Federation of Ceylon (EFC) recently reiterated the need for labour reforms in Sri Lanka, which are critical for investment promotion and called for political will to competitive and relevant labour laws. The EFC was recently invited

The Asia Internet Coalition (AIC) has expressed its concerns about the Online Safety Bill, which was gazetted recently, calling it “draconian” and a blow to Sri Lankans’ “rights to expression”. The AIC said it is concerned that the Sri Lank

Diversified agribusiness company Watawala Plantations PLC recently marked a significant milestone in the country’s agricultural landscape, with the opening of its state-of-the-art cinnamon processing centre in Udugama, Galle. Completed with an inv

Sri Lanka’s trade balance expanded in August, as earnings from merchandise exports fell due to the continuous decline in apparel exports, while the imports during the month remained subdued. August trade deficit expanded to US $ 307 million, from U