Accomplished strategic management professional Ruminda Randeniya has been appointed as Chief Executive Officer of the parent company of Prime Group, Prime Lands (Pvt.) Ltd, with effect....

CICRA Campus has partnered with Melbourne Polytechnic, one of the largest TAFE providers in Australia, to deliver a Bachelor of Business pathway programmein Sri Lanka. The collaboration allows....

The pivot in the monetary policy towards cutting rates may not come as early as many would expect, as the Central Bank said it would remain tight as long as it takes to bring inflation down to meaningfully low levels from the current excessive levels

Sri Lanka continues to maintain the momentum in tourist arrivals witnessed over the last few weeks, as it welcomed over 20,000 international visitors in the first seven days of the new year.

Dr. Priyantha Wijayatunga, former Senior Professor of Electrical Engineering at the University of Moratuwa and founder Director General of the Public Utilities Commission of Sri Lanka (PUCSL), has been appointed as Senior Director, Energy, Sectors Gr

Sri Lanka’s wage growth eased in November, after months-long acceleration seen through October, perhaps in a reflection of the cooling price pressures in the economy in the last three months, although they still remain at exponentially high levels.

In the years before Covid, China was the world’s most important source of international travellers. Its 155 million tourists spent more than a quarter of a trillion dollars beyond its borders in 2019.

The stock market participants expect a continuous upside for earnings in 2023, although it comes as a mark down from last year’s levels, as corporates have been battling a host of challenges, including persistent foreign exchange shortages, soaring

Sri Lanka’s largest textile manufacturer, Hayleys Fabric, hosted its inaugural Sustainability Forum ‘Nature’, showcasing a new generation of home-grown innovations with the potential to enable greater circularity in fashion globally.

The National Chamber of Commerce will conduct a half a day seminar on ‘Latest Tax Amendments’ tomorrow from 9.00 a.m. to 12.00 noon at the National Chamber Auditorium at D. R. Wijewardene Mawatha, Colombo 10.

Lost Ingredients Lab (LIL) is a Dilmah Tea and Good Life X collaborative programme, initiated under the ‘Support to Small and Medium Enterprises in the Organic Agriculture Sector’ Programme of the Multi-Donor Action (MDA) jointly co-financed by t

Sri Lankan pharmaceutical manufacturing and marketing company Astron Limited emerged as the champions and 1st runners-up at the 28th PPA Quiz Nite 2022 held recently at the Marino Beach Hotel Colombo,

Crepe Runner won the Bronze award at SLIM Brand Excellence for the category Small Medium Enterprises 2022 organized by the Sri Lanka Institute of Marketing (SLIM).

In a contracting economy, when the country’s leading organisations are consolidating rather than making ambitious expansions, true to the ethos that the Capital Maharaja Group has become renowned for, expansion measures are being put in place under

Corporate reporting has been moving from monetary reporting to value reporting during the past few years. DIMO was one of the first companies to recognise the value of value- based reporting and compile its first integrated report over a decade ago.

Pelwatte Dairy, one of the leading local brands in Sri Lanka that produces a range of dairy goods, recently debuted new products for consumer testing such as the 200g Pelwatte Chilli Butter, the 8 and 30-portion Pelwatte Ceylon Butter, and the Pelwat

India for the first time surpassed Japan in auto sales last year and moved up to third place globally, according to a Nikkei Asia report published on Friday. At least 4.25 million new cars were sold in the country, surpassing Japan’s 4.2 million sa

The Central Bank releasing a statement during the weekend said the measures announced earlier in the week to impose certain restrictions on commercial banks’ access to its Standing Facility windows were aimed at inducing a moderation in market inte

India has taken a step toward allowing leading foreign universities such as Yale, Oxford and Stanford to set up campuses and award degrees as part of an overhaul of the South Asian nation’s higher....

The Association of International Marketing Graduates in Sri Lanka (AIMG SL) recently honoured two marketing stalwarts with the ‘Lifetime Marketer’s Achievement Award’ at a ceremony held at Cinnamon Grand....

Chinese business magnate Jack Ma will cede control of fintech giant Ant Group after a Communist Party crackdown on the nation’s tech sector that targeted the billionaire. The company said in a statement....

Among a string of financial sector policies announced for 2023, the Central Bank intends to bring new legislation as well as revisions to the existing legislations in the non-bank financial institution (NBFI) sector....

Leading destination management company (DMC) Walkers Tours is about to welcome two cruises, MS Amera and MS Artania belonging to the Phoenix Reisen, Germany. The cruises carrying German nationals....

One of the most sought after international gem and jewellery shows on the global procurement and sourcing calendar, FACETS Sri Lanka Premier Edition was inaugurated by Minister of Industries and Plantations....

Singhagiri (Pvt) Ltd together with Sri Lanka’s first-ever Original Device/Equipment Manufacturer, EWIS Colombo Limited (ECL) launched SGL Android Smart TV at JAIC Hilton recently. The launch marks the fruition....

The Federation of Information Technology Industry Sri Lanka (FITIS) is organizing the FITIS Digital Excellence Awards and Conclave for the 2nd consecutive year in Colombo on February 23rd at the Shangri-La Hotel....

Nishaman Karunapala assumed duties as the General Manager / CEO of the HDFC Bank recently. After assuming office as the CEO HDFC, Karunapala told the gathering....

In recognition of its commitment to and excellence in Transparency, Accountability, Governance and Sustainability (TAGS) reporting, Sarvodaya Development Finance PLC was presented with a Gold Award....

Asia Capital Stock Brokers celebrated a significant milestone with the launch of their website on January 03rd. As a pioneering broking firm in Sri Lanka....

Green Building Council of Sri Lanka recognised the Bank of Ceylon with ‘Green Business Leadership of the Year Award 2022- Bank Section’ and a ‘Gold Award’ for its Wadduwa Branch at the “annual Green Building....