Marking another milestone in its 50-year journey of excellence in Sri Lanka, Noritake Lanka Porcelain (Pvt.) Ltd (NLPL) obtained the ISO 14064-1:2018-accredited GHG Carbon Footprint Verification. At an event...

Health Gold Fortified Rice, manufactured by Fortigrains Lanka Private Limited, a fully-owned subsidiary of LOLC Advanced Technologies (Pvt.) Ltd, is the only rice fortification plant in Sri Lanka to have...

Lihini Seafoods, Sri Lanka’s award-winning seafood exporter with over two decades of experience, has officially launched its Lihini Frozen Range of products at selected Laugfs supermarkets, giving....

Sri Lanka is expecting to obtain around US $ 1.36 billion funds from major multilateral agencies, including the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB), this year.

The local ICT sector said it is gearing up for greater investment interest, in alignment with President Ranil Wickremesinghe categorising the industry as a key tradable service for Sri Lanka.

In an effort to expand the reach of the small and medium enterprises (SMEs), including the women-owned small businesses, the International Finance Corporation (IFC) announced its support to Commercial Bank of Ceylon to launch a digital marketplace in

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, yesterday announced the appointment of Ivon Brohier as its Chief Executive Officer (CEO), with effect from March 27, 2023.

Hunas Holdings PLC yesterday said its fully- owned subsidiary Hunas Falls Hotels Private Limited has entered into an agreement with Azotels Services Limited, for the purpose of development and management of Hunas Falls Hotel.

US bank First Citizens said yesterday it has agreed to purchase much of Silicon Valley Bank (SVB), whose collapse this month sparked global fears about the sector.

The United States will likely enter a recession in 2023 and face high inflation well into 2024, a majority of economists predicted in their response to a semi-annual survey.

Four of Sri Lanka’s leading young corporate leaders will meet with peers to share insights on how they are navigating the economic crisis to create business success, going into the new financial year.

A high level Japanese delegation led by Kanako Nozawa, Former Minister of State for Vitalizing the local economy in Japan and Takayuki Hirose,

The 21st Annual General Meeting of the Sri Lanka – China Business Council of the Ceylon Chamber of Commerce was held recently at Cinnamon Grand, Colombo.

With the aim of ensuring a smooth continuation of the International Monetary Fund (IMF) programme by averting possible hiccups leading to suspension of the programme, the government is contemplating on setting up an Irish-style implementation unit wi

The newly appointed chief of capital market regulator, the Securities and Exchange Commission (SEC) called on stakeholders to embrace....

China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden administration that the app’s Chinese owners sell their share of the company or face a ban in its most important market.

Twitter’s free blue “verified” checkmarks for notable users may finally be coming to an end. Ever since Elon Musk took control of the company in October, he’s been threatening to remove the “legacy” checkmarks that confirmed the identitie

During his recent visit to Sri Lanka, Chairman Indian Oil Corporation Limited (IOC) Shrikant Madhav Vaidya donated 500 indoor solar cooking systems called ‘Surya Nutan’ to the Government of Sri Lanka through Lanka IOC.

The market lending rates followed the Treasury yields last week to fall sharply from their previous week levels as investors turned.....

Foreigners sharply increased their holdings in rupee bills and bonds in the few weeks up to the approval of the deal with the International ....

Asian gasoil stocks have risen sharply in recent weeks as regional refiners are stuck exporting to markets east of the Suez....

Sri Lanka Agripreneurs’ Forum (SLAF) in collaboration with Hatton National Bank and MBA Alumni Association of the University of Colombo....

US Ambassador to Sri Lanka Julie Chung met with the leadership of Sysco LABS Sri Lanka and toured its Colombo HQ. Sysco LABS...

Harsha Abeywickrama has recently taken over as the new Chief Executive Officer (CEO) of Sadaharitha Plantations Ltd, the flagship....

The BMICH, Sri Lanka’s iconic landmark, organised a special programme for its lady staff members to celebrate the International Women’s....

Velox Partners, a tech-based legal process outsourcing (LPO) firm, expanded its presence into Colombo, to augment its existing law firm. Velox....

Sri Lanka’s export sector saw the earnings cross the US $ 1 billion mark for the year 2023, with the month of February fetching a revenue of US $ 1.0052 billion for merchandise exports.

Sri Lanka has kicked off negotiations with India for a fresh US $ 1 billion equivalent Indian rupee (INR) currency swap facility to facilitate bilateral trade.

Sri Lanka will use part of the recently received bailout package from the International Monetary Fund (IMF) to pay back its loan from India, the Finance Ministry said.

Sri Lanka’s premier build and architecture trade show Kedella Construction Expo 2023 kicked off in Colombo yesterday.