Although the Central Bank had one of the toughest spells in defending the rupee against the US dollar, it managed to emerge as a net purchaser of dollars in September—though by a little—from a net seller in August, during when Sri Lanka’s forei

This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride-hailing company amongst the world’s most agile global giants such as FedEx and Holubuva.

The Postgraduate Institute of Management Alumni Association (PIMA), Sri Lanka’s most active and largest body of MBA alumni in Sri Lanka, with a network of 5000 professionals and positioned as a leading think tank of a profound community of thought

Commercial Bank of Ceylon recently hosted a free webinar that explored opportunities in international markets for Sri Lankan exporters and aspiring traders.

CFA Society Sri Lanka, which is the local arm of the CFA Institute, has planned to celebrate this year’s Global Ethics Day with a webinar on taking ethical action in the age of AI, big data and IoT, on Monday, October 25, 2021, from 6:00 p.m. onwar

Sri Lanka Economic Summit 2021 (SLES 2021) is scheduled to be held on December 6 and 7 as a hybrid summit, catering to participants who would join online as well as participate in-person at Shangri-la Hotel.

Sri Lanka’s Joint Apparel Association Forum (JAAF) signed on as presenting partner for the sixth annual edition of the Responsible Fashion Summit (RFS).

Fulfilling its promise to touch people’s lives, Capital Alliance (CAL) is empowering private investors with the chance to capitalise on investment opportunities by subscribing to initial public offerings (IPOs) managed by CAL directly through its n

Ex-Pack Corrugated Cartons Limited’s Rs.700 million IPO was oversubscribed within minutes of opening yesterday.

The treasury bill yields across all three tenures rose at large margins again at the primary auction held on Monday, brought forward from Wednesday, due to the Poya holiday but the auction ended up accepting its entire issued amount, albeit skewed to

The treasury yields, which went on a continuous ride upwards since the lifting of the yield caps in mid-September, are likely to level off in the coming weeks, after the Central Bank decided to hold the key policy rates last week, likely bringing an

Sri Lanka’s producer prices, which measure the inflation facing the producers before such produce reaching the consumer, accelerated in August across all major economic activities from a month ago, while the overall index inched closer to double-di

The Cabinet this week decided to relax the government policies on the Trincomalee Harbour to attract investors for multiple heavy industries at the port.

Setting the record straight on the rising use of virtual currencies, which are also known as cryptocurrencies, the Central Bank said that the users ought to assume the risks associated in dealing with such currencies, as there is neither regulatory o

Alarmed by a quality drop in green tea leaves, the government assured that the measures are in place to supply nitrogenous fertiliser for the tea sector, via imports without disruptions, as planters struggle to source organic fertilisers amid the imp

The Central Bank this week announced the appointment of the new members to the Monetary Policy Consultative Committee (MPCC), with effect from October 5, 2021.

Under the IFC-DFAT Women in Work programme, IFC officially presented the financial and digital financial literacy training modules to Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal.

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct Performance-Based Strategic Management Accounting Series No. 7, on value-based management in government, on Thursday, October 21, 2021, from 6:30 p.m. to 7:30 p.m., via

International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced that Gita Gopinath, the Fund’s Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’

Coinciding with the 13th anniversary of the Asia Pacific Technology Systems Private Limited (APTS), its long-serving employees were appreciated and among them were Chief Technology Officer (CTO) Sanjeewa Dannangoda, who has been working for APTS for

On October 16, 2021, Colombo Dockyard PLC (CDPLC) technically completed and dispatched two vessels to Iraq: buoy tender vessel Al-Faw and pilot station vessel Shatt Al-Arab, for General Company for Port of Iraq (GCPI).

The Annual General Meeting (AGM) of the Institution of Mechanical Engineers (IMechE) Sri Lanka Group was held recently.

Sri Lanka’s pioneering start-up acceleration programme Venture Engine will soon wrap up its submissions phase, with applications set to close on October 22, 2021.

Quickee.lk, a leading e-commerce and product delivery platform, has launched industry first Personal Concierge Service, bringing a new paradigm shift in the local e-commerce and concierge delivery space.

The Women’s Chamber of Industry and Commerce (WCIC) conducted its 36th Annual General Meeting (AGM) virtually on September 25, 2021, where Anoji De Silva took over the reins of the WCIC.

Returning to its originally set target at the beginning of the year, the Central Bank last week said it expects to end the year with a total private sector credit growth of Rs.850 billion, which translates to a robust 14 percent growth over last year

An employee attached to Fonterra Brands Lanka (Pvt) Ltd. has sent a Letter of Demand to the company claiming Rs.1000 million as damages for terminating her employment under the false claim of redundancy.

The Central Bank is expected soon forward a proposal to the government for consideration, urging to explore the possibility of resuming car imports paid via foreign exchange as vehicle imports remain suspended for 18 months, exerting pressure on the

Lanka Corrugated Carton Manufacturers Association (LCCMA) has requested the Colombo Stock Exchange (CSE) to delay the upcoming initial public offering (IPO) of Ex-Pack Corrugated Cartons (Pvt) Ltd until the company rectifies the alleged inaccurate in