AFP: International Monetary Fund (IMF) chief Christine Lagarde has urged France and other countries to push through reforms “while the sun is shining” on the global economy.

Cargills Bank Limited yesterday announced the appointment of Rajendra Theagarajah as its Managing Director (MD)/Chief Executive Officer (CEO) from January 1, 2018.  

The Census and Statistics Department (DCS) requires more resources if the new economic measurements introduced are to be followed properly, the Central Bank said last week.

Women in Logistics and Transport (WiLAT) Sri Lanka celebrated the fourth anniversary of its flagship mentoring programme on November 16th at The Kingsbury Hotel, Colombo.

The United States Agency for International Development (USAID)’s initiative to strengthen youth employability and skills development project, YouLead!, concluded a four-day youth leadership forum on December 9th, 2017 at Trace Expert City, Colo

As much as 40 percent of the world’s oceans are adversely affected by human activities, including pollution, depleted fisheries and loss of coastal habitats, stated Pathfinder Foundation Center for Indo-Lanka relations Director Admiral Dr. Jaya

The Institute of National Security Studies Sri Lanka (INSSSL) launched an Annual Memorial Lecture Series in honour of Lieutenant General Denzil Lakshman Kobbekaduwa.

Imperial Spices, a leading exporter of spices, was presented with the much coveted Gold award for Excellence in Business and Financial Results and Export Sector (Large Category) and a Silver award in Large category at the National Business Excellence

Pee Bee Management Services (Pvt.) Ltd, manufacturer and owner of Flora Tissues household brand, was recently crowned with a prestigious BIZZ award by World Confederation of Businesses (WORLDCOB) for its inspiring business journey in addition to bein

Sri Lanka’s consumer prices in December rose 7.1 percent from a year earlier, easing from the previous month’s 7.6 percent, government data showed yesterday.  Core annual inflation, which excludes fresh food, energy, transport, rice

The Planters’ Association of Ceylon (PA) yesterday commended the Plantation Industries Ministry, Sri Lanka Tea Board and all other state and diplomatic officials that played a role in negotiating the lifting of the temporary suspension of Lanka

REUTERS: The Sri Lankan rupee closed lower yesterday, ending the year 2.5 percent weaker, as demand for dollars from importers and banks outweighed inward remittances and conversion of the U.S. currency by exporters, dealers said. 

REUTERS:  Sri Lankan shares rose for a sixth straight session in muted trade yesterday, ending 2017 with a modest 2.3 percent gain after two consecutive  annual losses.

AFP: India warned yesterday against investing in cryptocurrencies including bitcoin, likening them to “Ponzi schemes”, as it became the latest country to urge caution. Despite a boom in trade that has seen prices soar, cryptocurrencies &l

In continuing to give leadership to corporates in the country to adhere to the best practices of corporate governance, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the revised Code of Best Practice on Corporate

AFP: The dollar suffered fresh pressure yesterday as traders cash in the recent gains fuelled by Donald Trump’s tax cuts, while most Asian equities were on course to end a strong year on a positive note.

AFP: Bali’s palm-fringed Kuta beach has long been a favourite with tourists seeking sun and surf, but nowadays its golden shoreline is disappearing under a mountain of garbage.

Samson Rajarata Tiles (Pvt.) Ltd. was acclaimed the Winner in the Chemicals, Ceramics and Glass Manufacturing

This is the time of year when many people make ‘new year resolutions’ to abstain from alcohol, tobacco and other drugs.

Sunshine Holdings PLC said yesterday it bought over 6.7 million shares of Estate Management Services Limited (EMS) from Tata Global Beverages Limited for Rs.1.6 billion.

REUTERS: Sri Lankan shares inched higher yesterday in their fifth straight gaining session to a fresh three-week closing high as the Central Bank held key policy rates steady, with trading muted by the holidays after Christmas.

REUTERS: The Sri Lankan rupee closed lower yesterday as demand for dollars from importers and banks outweighed inward remittances and conversion of the U.S. currency by exporters, dealers said.

Private credit growth has reached within arm’s length of Central Bank targets since monetary policy and government loan-to-value (LTV) policies on vehicles have fully transitioned into the market, the Central Bank said.

The path is open for global payments platform Paypal to open up inward payment services to Sri Lanka if they wish to do so, since the Central Bank had pledged to provide regulatory space, top officials at the monetary regulatory authority said.

Diversified business house Lanka Century Investments PLC (LCI) said yesterday it bought 100 percent of the enterprise solutions business of Millennium Information Technology (Millennium IT ESP) from London Stock Exchange Group (LSEG) for Rs.1.08 bill

The Body Shop Sri Lanka partnered with The Little Gym of Colombo to bring some Christmas joy and cheer

UCL Logistics (a member of Expolanka Holdings) recently announced the establishment of its restructured

Leo Burnett Sri Lanka’s iconic leader and world-renowned advertising professional Ranil de Silva, will step down

Nivasie  Malabe, the country’s very first vertical living experience that spreads across a stunning 22-acres

In a strategic move to diversify into the IT solutions domain, Lanka Century Investments PLC. (LCI), a conglomerate reputed