In line with NDB’s strategic objectives as a responsible corporate citizen, the bank has made a conscious effort to advocate for sustainable development, significantly those that serve for the betterment of the country, including long term initiati

“You need to nurture a thriving analytics ecosystem in Sri Lanka,” said Institute of Analytics Director of Education Dr. Clair Walsh, the visionary behind the institute. She revealed this at the official launch of the Institute of Analytics UK, h

For the first time in 20 years, child labour is on the rise, the International Labour Organisation (ILO) shared.

The government has decided to extend capital controls by further six months limiting the movement of foreign currency out of the country in order to continue to re-build the country’s foreign...

The Cabinet green-light has been granted to implement 25 proposals mooted by the Ministerial Sub-Committee on Tourism for tourism promotion.

The government has decided to repeal colonial-era Bread Ordinance No. 13 of 1864 and to introduce provisions under the Consumer Affairs Authority (CAA) Act to regulate Sri Lanka’s bread sales.

US Treasury Secretary Janet Yellen is set to ask Congress to lend more money to developing countries to counter China’s growing influence, according to a copy of her prepared remarks viewed....

Hemas yesterday announced the acquisition of 24.9 percent stake of Atlas Axillia Company (Private) Ltd, for a total consideration of Rs.3.4 billion. With this strategic move...

The newly approved consolidated welfare scheme, ‘Aswesuma’ will be rolled out from next month where 2 million families across the island will receive relief from the ongoing economic crisis, the Ministry of Finance....

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Sampath Bank and LOLC Finance with the turnover crossing Rs. 1.5 bn. Similar behaviour was witnessed...

The Postgraduate Institute of Management (PIM) and Postgraduate Institute of Management Alumni (PIMA) held a joint press conference recently, marking a strong collaboration of two of the stalwart....

The International Finance Corporation (IFC) recently organised Sri Lanka Climate Finance Workshop to deliberate on the importance of climate finance opportunities and challenges for financial institutions...

The Digital Marketing Association of Sri Lanka (DMASL), the professional body for digital marketers in Sri Lanka, along with Dialog Axiata PLC, will be hosting Sri Lanka Digital Marketing Summit 2023....

Ushering in added convenience to the devotees, a cash recycle machine (CRM) was recently installed by People’s Bank in the upper sanctum of the historic Jaya Shri Maha Bodhi in Anuradhapura. Through this CRM....

DFCC Leasing, part of DFCC Bank, was recently recognised with a Gold award for its Process Improvement Lean Six Sigma Project, at National Convention on Quality and Productivity Awards 2022...

Central Bank Governor Dr. P. Nandalal Weerasinghe was recently invited to share his thoughts on the economy and its impact on the insurance industry, at the Executive Committee of the Insurance Association....

HNB FINANCE PLC (HNBF) recently launched a new Gold Loan Unit at its Norochcholai branch, located on Kalpitiya Road, Norochcholai. The launch event was....

Sri Lanka welcomed a total of 22,200 international visitors for the first eight days of June, maintaining a tourist inflow momentum similar to that of May.

Sri Lanka’s industrial production extended its declining trend to April, with most of the manufacturing segments remaining weak, on the back of softening global demand, seasonal patterns and lingering domestic conditions.

Tourism industry veteran and Jetwing Symphony PLC Chairman Hiran Cooray urged the authorities and industry stakeholders to ensure a strategy in place to target high yielding tourists in the proposed global communication campaign, by showcasing Sri La

Galadari Hotels Lanka PLC intends to rope in multinational hospitality management company Radisson Hotels Asia Pacific Investments Pte. Ltd to manage Galadari Hotel Colombo, under the name ‘Radisson Blu Hotel Galadari Colombo’, an Extraordinary G

BBC: US billionaire philanthropist George Soros has handed over the running of his US $ 25 billion (£19.9 billion) financial and charitable empire to his son Alex.

The Ceylon Chamber of Commerce, in collaboration with the International Labour Organisation (ILO), has announced the launch of SPARK – a national youth entrepreneurship competition for Sri Lanka’s next generation of entrepreneurs.

Research firm Research Intelligence Unit says the plantation companies remain optimistic about the revoking of the ban imposed on the usage of chemical fertiliser and see it as the ex-factor for a production boost in 2023, as compared with 2022.

Three years after Silicon Valley companies led the charge for embracing remote work in the early days of the pandemic, the tech industry is now escalating the fight to bring employees back into the office -— and igniting tensions with staff in the

In response to the economic crisis, Sri Lanka implemented import controls that expanded significantly by the end of 2022, accounting for approximately 30 percent of the country’s total import value (Figure 1). The controls affected various categori

Sri Lanka’s tourism sector should look to improve the pay scale of its workforce so that the talent pool can be retained to uplift the industry.....

State Minister of Finance Shehan Semasinghe said government lifting the import restrictions on 286 items will send a Shehan Semasinghe....

Import restrictions on 286 products were lifted from Friday (9th) night, the Finance Ministry said in a brief statement as Sri Lanka slowly comes....

India is actively considering providing assistance to extend the runway at Palali airport, a statement from Ministry of Ports and Aviation said. Ports