Sri Lankan shares rose more than one percent for a second straight session yesterday, driven mostly by gains in financial stocks.

The COVID-19 integrated home-based care solution, conceptualised and implemented effectively by the Health Ministry, announced successful administration of care to over 100,000 home-quarantined COVID-19 patients last week.

CFA Society Sri Lanka rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) yesterday to celebrate its 20-year anniversary.

Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions, announced Sri Lanka’s inaugural Inter-University SRE Hackathon, the first national level TechOps competition focused on Site Reliability Engineering

Sri Lankan global HR software solutions provider hSenid Business Solutions successfully concluded its investor forum yesterday, ahead of its IPO, which is due to open on December 3, 2021.

Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Past President Nishan Fernando made history yesterday, when he became the first Sri Lankan to Chair the Asian-Oceanian Standard-Setters Group (AOSSG), a regional organisation tasked with

John Keells Holdings PLC (JKH) yesterday announced plans to raise US $ 80 million via a private placement to the Asian Development Bank (ADB) by issuing up to 122.5 million new ordinary shares of the company to fund the investment plans of its superm

Capping off a year of record-breaking export-led growth, both Lanka Monthly Digest’s (LMD) Top 100 and Business Today Top 40 have ranked Hayleys PLC as Sri Lanka’s number one corporate for 2020-21.

In an effort to strengthen the weak social safety network, Labour Minister Nimal Siripala de Silva has announced plans to introduce a new mandatory insurance scheme for migrant workers, with a maximum converge of US $ 15,000.

The government’s organic fertiliser pivot hasn’t entirely lifted the country out of subsidy culture, in which the agricultural community is entrenched with for decades but it provides the necessary stop-gap measure to ensure undisrupted farming a

Sri Lanka’s national headline inflation, as measured by the year-on-year (YoY) change in the National Consumer Price Index (NCPI), rose to 8.3 percent in October, from 6.2 percent a month ago, the Central Bank said, based on the data prices gathere

Sri Lanka’s producer prices jumped to the highest level in five months in September, as the manufacturers across broader industries had to contend with myriad issues stemming from the global commodities prices boom, worsened by the supply chain cru

The Event Management Association of Sri Lanka applauded the government’s decision to allocate Rs.500 million in the next year’s (2022) budget to compensation for the losses incurred during the pandemic.

The inauguration of new bridge across Kelani River in Peliyagoda is scheduled to be held on November 24, 2021, with the participation of the President, Prime Minister, Ambassador of Japan in Sri Lanka, Chief Representative of JICA Sri Lanka Office an

Sri Lanka’s largest textile manufacturer Teejay Lanka PLC has announced the achievement of an 81 percent reduction in greenhouse gas (GHG) emissions from the disposal of sludge waste, after one year of sustained operation of industry best practices

Island Nature Leaf (Pvt.) Ltd, the premium spice producer and exporter, under its retail brand Spicemo, was certified with Good Manufacturing Practices and four esteemed ISO certifications.

Pushing through the challenges posed through every evolving variant of the globally disruptive coronavirus since last year, Airtel Lanka marked a key milestone, when the youth preferred telco was recognised among Best Workplaces in Asia – Small and

MiHCM, a global human capital technology company, recently marked the completion of its second-year operation acquiring over 50,000 users in Pakistan.

CIPM Sri Lanka, the nation’s leader in human resource management, has signed a landmark memorandum of understanding (MoU) recently with the NSBM Green University, the state-of-the-art university renowned for its world-class academic offerings.

Supply chain logistics company Eagle Logistics Colombo and E-Visible had their annual staff awards night for the year 2020-2021, at Marine Beach Hotel recently.

CIPM Sri Lanka, the nation’s leader in human resource management, announced a line-up of 53 international and 11 local speakers including chairpersons, CEOs and general managers of top Sri Lankan blue-chip companies together with leading academics

The tightening of the monetary policy by the US Federal Reserve could prompt South Asian central banks, including Sri Lanka, to follow such policy path, which could complicate the island nation’s deficit financing through domestic debt as these cha

LOLC Holdings PLC (LOLC) has completed the transfer of finance company shares to its fully owned subsidiary LOLC Ceylon Holdings Limited (LOCH) with a view to facilitate potential foreign investors to acquire minority stakes in the group’s finance

The Monetary Board, at its meeting held on November 17th has promoted K. G. .P Sirikumara, D. Kumaratunge, U. L. Muthugala and C. P. S. Bandara to the post of Assistant Governor with effect from 17th November 2021.

Although several plans have been conceptualised and rolled out for Sri Lanka’s tourism industry to move towards recovery, branding and positioning of the island nation is yet to be effectively executed, a tourism industry veteran highlighted.

Plans are in place to increase direct flights between India and Sri Lanka in the near future as interest in the island nation as a tourist destination from the neighbouring giant is on the rise, said the Ministry of Tourism yesterday.

Clearing some ambiguities surrounding the enforcement of the Special Goods and Services Tax (SGST), a government official said the proposed tax would only apply to identified sectors and would come as a composite tax in place of the multiple taxes su

Black Friday is all set to take place at Colombo City Centre Mall, where shoppers can enjoy the best deals and special events.

Hambantota International Port (HIP) was the recipient of ISO Integrated Management System standards for its quality, environmental consciousness and health and safety.

On November 19, 2018, the Sri Lanka Office of the CAFTEC (Chengdu Association for Foreign Trade and Economic Cooperation) was formally established.