Dinesh Weerakkody, former Chairman of Hatton National Bank PLC and Commercial Bank of Ceylon PLC, has been appointed as Chairman of the Colombo Port City Economic Commission,

Retired Inspector General of Police Dr. Jayantha Wickramaratne has been appointed as the new Chairman of Sanasa Life Insurance Company PLC.

India expects bilateral trade worth US $ 8-9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary said.

The Exporters’ Association of Sri Lanka (EASL) yesterday welcomed the measures taken by the Centra Bank of Sri Lanka (CBSL) as outlined in its communication of July 29 titled ‘Importance of fair play by all stakeholders of the economy in counteri

The tourist arrivals to the Maldives reached nearly 130,000 for the month of July, slightly up by 0.8 percent of the arrivals achieved in the corresponding month in 2019, before the COVID-19 pandemic impacted the global tourism sector.

Addressing Parliament, President Ranil Wickremesinghe yesterday revealed plans to set up what he called a ‘Social Justice Commission’, where benefits of economic growth are distributed fairly among all the people.

Sri Lanka’s 5G rollouts are likely to lag behind the regional peers, due to the obstacles formed by the on-going economic crisis, uncertain political environment and recent hike in the Telecommunications Levy imposed on the operators.

Taking into account the role played by capital markets in the growth of the corporate sector and the importance of offering multiple avenues through which companies aspiring for growth can access capital markets, the Colombo Stock Exchange (CSE) has

Pelwatte recently strengthened its administration and leadership with the appointment three new directors to its board.

The Best Corporate Citizen Sustainability Awards 2022 organised by the Ceylon Chamber of Commerce will this year introduce a new award to recognise corporate initiatives that addresses the twin challenges of the pandemic and ongoing socio-economic s

Fast Company announced its fourth annual Best Workplaces for Innovators list, honouring organizations and businesses that demonstrate a steadfast commitment to encouraging innovation at all levels. Twinery, Innovations by MAS came in at No. 18 for it

To help unlock the power of disruptive technologies and to enable digital transformation in business models, customer experiences, and skills of investment professionals,

On the sidelines of the 83rd anniversary of Bank of Ceylon (BOC), the bank launched its international customer service support.....

Pan Asia Bank recently signed an agreement with Union Assurance PLC to offer its valued customer base a wide range of life, health.....

Amidst an unprecedented economic crisis engulfing the country, which has impacted businesses and citizens alike, the Institute of Chartered....

Ideal First Choice, the multi-brand total aftercare arm of Ideal Group, expanded its branch network by opening another service....

With the country facing the unprecedented challenges from the scarcity of essentials and economic meltdown, LIOC and....

Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC successfully hosted its 12th consecutive Annual....

Commercial Bank of Ceylon has announced the launch of a special foreign currency fixed deposit (FD) scheme in a further.....

Seylan Bank has partnered with Asiri Hospitals Group to make hospital bill payments easier for customers with a special easy payment....

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

Joint Apparel Association Forum, the apex body of Sri Lanka’s apparel manufacturing and exporting industry yesterday said they welcome measures taken by Central Bank of Sri Lanka in monitoring foreign exchange transactions and outflows.

President’s Counsel Ronald Chithranjan Perera is appointed as the Chairman of state-owned Sri Lanka Insurance Corporation with effect from 1st August 2022 and is to assume official duties today.

Commercial Bank Ceylon PLC yesterday announced the voluntary liquidation of Commex Sri Lanka S.R.L, a wholly owned subsidiary of the bank located in Italy.

As a part of the incentive package to boost worker remittance inflows, the government has decided to introduce a special duty-free allowance structure along with another scheme granting electric vehicle (EV) import licenses to migrant workers based o

The Cabinet of Ministers has decided to appoint a committee to propose reforms to restructure the country’s power and energy sectors controlled by the State-run Ceylon Electricity Board (CEB) and Ceylon Petroleum Corporation (CPC) within a month. T

The Cabinet nod has been granted to seek services of two foreign firms to identify Sri Lanka’s International Sovereign Bond (ISB) holders and to communicate the debt restructuring plans to them.

The Finance Ministry is set to extend the amnesty period granted to sell or deposit excess foreign currency possessions of Sri Lankan residents in violation of current foreign exchange regulations by another month.

Tourist arrivals to Sri Lanka edged up to 47, 293 in July compared to 32, 856 arrivals in June, though down from the peak of 106, 500 arrivals in March, just before the start of the unraveling of the political unrest triggered by the economic crisis,

Ceylon Tea, widely considered by many as the finest in the world and with a rich history dating back more than a century and a half, has been named as the Official Tea Supplier for the Birmingham 2022 Commonwealth Games.