National carrier SriLankan Airlines is faced with a fresh challenge to tackle, as it is currently witnessing an exodus of airline pilots, SriLankan Airlines CEO Richard Nutall told journalists in Colombo, yesterday.

In a bid to ease the liquidity conditions in banks, the Central Bank issued fresh directions allowing them to temporarily do away with the requirement to report the Statutory Liquid Assets Ratio (SLAR) separately for domestic and off-shore banking un

The Treasury bill yields continued to ease at yesterday’s weekly auction, ahead of the eighth monetary policy meeting, which is largely expected to keep the policy rates unchanged.

While the Central Bank is largely expected to keep the key rates unchanged at the monetary policy review scheduled to be announced today, First Capital Research (FCR) expects the current pause in the policy rate hike seen since July could be followed

The Global Sales Conference organised by SriLankan Airlines to promote the island nation for tourism closed on a high note, with travel agents from across the world pledging support to sell the destination.

Nestlé Lanka reaffirms its commitment towards Sri Lanka by investing over Rs.2 billion in its state-of-the-art factory in Kurunegala by building a new vacuum band dryer.

Meta, formerly known as the Facebook company and Hutch have collaborated to allow all Hutch subscribers to access Facebook in ‘text-only’ mode, without any data charges, thereby enabling them to stay connected even when there is a delay in renewi

AkzoNobel, a leading paints and coatings company and producer of Dulux paints in Sri Lanka, has revealed its highly anticipated Color of the Year 2023: Wild Wonder. A hue inspired by the warm tones of harvested crops, its upbeat glow connects us with

For those demanding the highest in quality, security and convenience, the Alpha Industries range of safes has always been sure to please.

Anton, a leading manufacturer in the Sri Lankan PVC industry, water tanks and roofing amongst industrial and consumer sectors, recently made history by introducing its vast product range to the Maldives.

Sri Lanka’s apparel exporters are forecasting a 30 percent drop in export orders with the main export markets, gripped by inflationary pressures, plunging into a recession.

To address the looming shortage of grains for the animal feed industry and maize-based food items, due to the ongoing socio-economic....

Sri Lanka Economic Summit (SLES) 2022 organised by the Ceylon Chamber of Commerce, will explore the factors vital to Sri Lanka,....

Emirates yesterday announced plans to add one more daily direct flight between Dubai and Colombo from December 1, 2022 to cater....

The official data shows that deterioration of Sri Lanka’s external balance is partly due to the increase profit repartitions by foreign....

Sri Lanka is purposely ignoring the economic opportunities of oil palm cultivation, at a time when the rest of the world is strengthening....

The German Act on Corporate Due Diligence Obligations in Supply Chains, which comes into force from January 1, 2023, presents .....

The private sector representatives and economists took aim at the inexplicably massive defence allocation in Budget 2023, at a time....

Sanasa Development Bank PLC (SDB bank) yesterday announced the appointment of the veteran banker Priyantha Talwatte as its Chief Executive....

The Central Bank is widely expected to keep the policy interest rates at the current levels while skewing a bit more towards a dovish....

The Cabinet greenlight has been granted to draft the Proposed Banking (Special Provisions) Act that aims to strengthen the bank....

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Lanka IOC and Ceylinco Insurance with the turnover....

The initial Cabinet nod has been granted for the proposed new Anti-Corruption Act, which includes provisions to protect whistleblowers.....

Sri Lanka’s national consumer prices eased in October, signalling that the relentless increase in consumer inflation may have finally turned a corner after climbing for 14 consecutive months.

The Tourism Alliance has released a comprehensive report analyzing international traveller demand for Sri Lanka utilizing search data.

The Effie Awards Sri Lanka, the world-renowned international awards programme, organized by the Sri Lanka Institute of Marketing (SLIM), is a coveted event that is highly anticipated and celebrated by advertising agencies and marketers, both locally

The Colombo Stock Exchange (CSE) recently signed Memoranda of Understanding (MoUs) with the Wayamba University of Sri Lanka (WUSL) and the University of Jaffna Sri Lanka (UOJ) to formalize collaborative efforts to improve financial literacy among und

MAS Fabric Park (MFP), owner and operator of Sri Lanka’s first, second and only privately-owned apparel-intensive free trade zones in Thulhiriya and Giriulla, recently celebrated 16 years of Sustainable Industrial Transformation.

Recognition within an organization helps employees to realize how much their company values them, and that individual success helps to build their team and in-turn the overall organization.

e-visible PVT Limited, Sri Lanka’s pioneer in logistics BPO Solutions recently appointed Christine Jennifer as the Chief Executive Officer of the company. Christine is a qualified chartered shipbroker and has over 15 years of experience in the logi