International Chamber of Commerce Sri Lanka (ICC Sri Lanka) is set to host its third annual Arbitration Conference on August 3rd, at the Galadari Hotel...

Amana Bank PLC has resolved to raise Rs.6.67 billion via a rights issue to beef up its capital buffers. The bank said it plans....

The Ceylon Chamber of Commerce and the International Labour Organization (ILO) said they received an overwhelming response...

The National Chamber of Exporters (NCE) will conduct its 31st Export Awards ceremony on December 08, 2023, at Shangri-La....

Friends Adult Diapers, marketed in Sri Lanka by Darley Butler & Company, continues to contribute towards enhancing the comfort....

Attorney Rajeev Amarasuriya joined the plenary session on ‘Managing Debt and Looking at Alternatives in Development Finance’, at the third....

The Chartered Institute of Personnel Management (CIPM) awarded the Lifetime Gold Medal to Dhammika Fernando, at the recently...

Abans, the leading consumer durable retailer in Sri Lanka, has been presented with the esteemed recognition of being the Most Loved....

Cinnamon Air, Sri Lanka’s premier domestic airline, recently launched scheduled flights to Jaffna, which will provide travellers with easy

The Colombo Tea Auction saw 6.2 MnKgs come under the hammer this week.

BBC: Australia’s central bank says it will be led by a woman for the first time since it was founded in 1960.

Only 11 out of 52 state-owned enterprises (SOEs) have published financial data up to 2022, the public finance update by Verite Research showed

To ignite positive change and enhance Sri Lanka’s economic standing, the Chamber of Young Lankan Entrepreneurs (COYLE) presented

The officials of AIA, an American-Hong Kong-based multinational insurance and finance corporation, met with President Ranil Wickremesinghe this week

Sinopec Energy Lanka (Pvt.) Ltd and the Board of Investment of Sri Lanka (BOI) entered into an agreement yesterday to operate and set up fuel stations for distribution in Sri Lanka

The Sri Lankan government would want to see the Indian rupee used as much as the dollar, President Ranil Wickremesinghe said

With the government issuing less debt than before under the domestic debt optimisation (DDO) proposed recently

The International Monetary Fund (IMF) yesterday said it expects to discuss with Sri Lankan authorities how best to mobilise additional revenues for the country

The government plans to achieve 90 percent of the revenue target set for this year by implementing a number of additional strategies aimed at optimising state revenue by the three tax collecting agencies

Ambeon Holdings PLC yesterday completed the sale of 50.10 percent stake in Dankotuwa Porcelain PLC to Ceyline Investments Ltd

The first bond auction held yesterday after almost a four-month hiatus and the domestic debt restructuring plan announced a fortnight ago

The world’s first collaborative email service, ‘Zapmail’ has been launched and is now available to the public, aiming to provide the best communication experience at your own pace.

Sri Lanka is likely to see a drop in the prime lending rate in the coming months, a move that will help businesses to gain access to capital, Sri Lanka Banks’ Association (SLBA) said.

BBC: The International Monetary Fund’s (IMF) board has given its approval for a US$ 3 billion bailout for Pakistan.

Occidental Eden Beruwala reopened its doors in May 2023, following the conclusion of an extensive renovation involving a total revamp of all 158 guest rooms, common spaces and guest amenities, at a cost of Rs.1.5 billion.

The tax policy advisory of the Finance Ministry has given assurance to the business community that if there is no proper refunding mechanism in place, the removal of the Simplified Value-Added Tax (SVAT) scheme may not take place in January 2024, the

The most recent information released by the Sri Lanka Tourism Development Authority (SLTDA) showed a substantial increase in the number of Chinese tourists visiting Sri Lanka. Between the first 11 days of July, Sri Lanka witnessed a total of 46,635

Macquarie CEO Shemara Wikramanayake, who is of Sri Lankan heritage, has been named by the World Bank (WB) as one of the 15 Chief Executive Officers (CEOs) to help bring private funds to combat climate change and boost investment in developing countri

The study titled ‘Import Controls in Sri Lanka: Political Preference and Incentive Distortions’ recommends a gradual phase-out of import controls, starting with intermediate and essential nutritious food items.