Pidilite Lanka announced its new phase of development and an aggressive expansion drive, following the acquisition of Chemifix, a leading adhesive material marketer in Sri Lanka. 

McLarens Lubricants Limited, the local agent for Mobil Lubricants in Sri Lanka underscored the benefits the food and beverage industry in Sri Lanka can achieve and pass onto consumers with the use of ‘food grade oils’, that are uniquely d

Nipuna Illangarathne Managing Director of Virco International (Pvt) Ltd who has been in operation since 2015 was recently named as the young entrepreneur of the year 2017 North Western province,  at the recently concluded awards ceremony held at

Hellmann Worldwide Logistics (HWL) and MAS Holdings established the joint venture Hellmann MAS Supply Chain (HMSC) in Sri Lanka by combining Hellmann´s existing contract logistics business in Sri Lanka and in-house logistics activities of MAS.&

Continuing the rigid stance taken by the government recently with respect to the tea trade, the Sri Lanka Tea Board, starting next month, will begin to shut down as many as 200 tea factories, which fail to meet the sanitary standards when producing t

Sri Lanka faces the struggle of proving to the world that the troublesome khapra beetle is not present in the country, as a Russian fact-finding mission arrives this week.

REUTERS: The Sri Lankan rupee ended slightly weaker yesterday in dull trade as banks and importers bought dollars, dealers said.

People’s Leasing & Finance PLC reported some modest performance during the December quarter as the country’s largest non-bank lender by assets became cautious amid the rising bad loans.

The Spices & Allied Products Producers’ & Traders’ Association (SAPPTA) yesterday hailed President Maithripala Sirisena’s decision to ban re-export of pepper.

Fitch Ratings yesterday downgraded Housing Development Finance Corporation Bank of Sri Lanka’s (HDFC Bank) national long-term rating to ‘BBB-(lka)’ from ‘BBB(lka)’ as the bank has failed to beef up its capital base. 

The first copies of ‘Samudura Kelambuma’, the Sinhala translation of Dr. Raja C. Mohan’s ‘Samudra Manthan: Sino-Indian Rivalry in the Indo-Pacific’, published by the Pathfinder Foundation, were handed over to a group of

IPM Sri Lanka - the nation’s leader in human resource management - paid tribute to its former President Lalith Wijetunge who was recently inducted as the President of the Organisation of Professional Associations (OPA).

The International Chamber of Commerce Sri Lanka (ICCSL) welcomes Sri Lanka’s landmark ‘modern and comprehensive’ free trade agreement (FTA) between Sri Lanka and Singapore (SLSFTA), the first bilateral FTA to be signed after 20 year

At the request of the Sri Lankan High Commission in Malaysia, the Export Development Board (EDB) met the trade delegation from the Federation of Malaysian Manufacturers (FMM) recently, at the EDB. 

The Sri Lanka-Bangladesh Business Co-operation Council of the National Chamber of Commerce (NCC), will host Bangladesh High Commissioner to Sri Lanka Riaz Hamidullah as a special guest speaker on bilateral trade between Sri Lanka and Bangladesh on Th

As part of its annual CSR project, the charitable foundation, My Friend, distributed school packs to students from eight schools around the countr

DFCC Bank opened a new branch at Nivithigala thereby growing their network to 138 fully-fledged branches across the country.

The Fairway National Literary Award competition reached a successful conclusion on the 26th of January at the Fairway Galle

Mahaweli Reach Hotel (MRH), reputed as the first hotel to achieve 5-star status in Kandy, recently marked another

Team XYZ from General Sir John Kotelawala Defense University (KDU) beat team In Toxic from Informatics Institute of Technology

MullenLowe Sri Lanka, the fully owned operation of the multibillion-dollar New York based Inter Public Group (IPG), completed 2017

Oman Air is the Official Airline Partner and Sponsor of the St. Moritz Ice Cricket tournament which will witness two

Teejay Lanka PLC ended four quarters of profit declines to record a modest gain in profits in its December quarter (3Q18) as the higher volumes beat the pressing margins due to competitive prices and the higher yarn prices. 

Commercial Bank of Sri Lanka PLC (ComBank) announced they would raise extra capital by way of debentures convertible into equity as the private lender braces for higher capital adequacy requirements set to kick in from January 2019 under the new BASE

Sri Lanka is among the top frontier markets that provide extremely attractive valuations, according to Citi frontier markets strategist Andrew Howell.

The tax earnings for the government from cigarette sales are likely to experience a dip in 2017 for the first time in five years.

An information asymmetry enjoyed by container yards and shipping lines related to the quality of containers may have contributed to the recent tea export crisis to Russia, and the relevant data must be made available to other stakeholders in the supp

REUTERS: Billionaire IKEA founder Ingvar Kamprad aged 91 has died, the Swedish company said yesterday, with the furniture empire he launched more than half a century ago familiar around the globe.

Sri Lanka’s iconic agency, Leo Burnett, is delighted to announce that the agency has embarked on a new chapter in 

Taking its name after the Colombo 03 street on which it is located, Café Bagatalle, emerges as a gastronomic have