REUTERS: The Sri Lankan Rupee ended weaker on Tuesday on importer dollar demand amid low supply of the greenback from exporters and banks, dealers said.

Litro Gas Lanka Ltd., wishes to assure all our stakeholders and the general public that the company had no connection to or knowledge of the alleged transaction that the Chairman of Litro Gas Lanka 

Unilever Sri Lanka initiated a partnership with the Sri Lanka Federation of Tea Smallholders and Dialog Axiata PLC to support the over 400,000 smallholder tea farmers in Sri Lanka. This comes

The National Mobile Service Provider Mobitel, in collaboration with the University of Kelaniya and Arthur C. Clarke Institute for Modern Technologies, is launching two interactive mobile apps for stoma 

The Industrial Association of Sri Lanka (IASL) held its 26th Annual General Meeting recently.

The National Trade Facilitation Committee (NTFC) in collaboration with the International Trade Centre (ITC) and the World Bank will convene a two-day workshop from 11 -12 October at the Galle Face Hotel.

JICA, ADB and World Bank have conducted a Joint case study for their programmes and projects assistance during last 10 year period.

NCE which is the only private sector Chamber which exclusively serves Sri Lankan exporters, and represents them with relevant state authorities has formulated and presented budget proposals related to export sector well in advanced to enable the Mini

REUTERS: Philippine President Rodrigo Duterte has ordered the creation of a bank catering to Filipinos overseas, the presidential office said yesterday, fulfilling a campaign promise to a sector which catapulted him to power.

Sri Lanka’s possible plans to roll over its Eurobonds that are maturing every year from 2019 onwards could face considerable challenges as tighter than expected global financial conditions would likely increase the cost of debt, the World Bank

The tourism industry’s momentum continued to slowdown this September without effective destination promotions, as the Sri Lanka Tourism Development Authority (SLTDA) statistics indicated that 145,077 tourists visited Sri Lanka during the month,

The 25th annual National Chamber of Exporters of Sri Lanka (NCE) Awards, which fetes outstanding exporters was held recently at the Hilton Colombo. Union Bank supported the initiative by NCE which recognizes exporters who make significant contributio

REUTERS: Sri Lankan shares ended lower yesterday, slipping from a nine-week closing high hit in the previous session, as investors booked profits in banking and diversified stocks, but continued foreign buying helped boost sentiment, brokers said. Th

Atlas Axillia (Pvt.) Ltd swept the boards at the recent National Convention on Quality and Productivity (NCQP) Awards 2017, winning four prestigious gold awards at the illustrious event.

REUTERS: The Sri Lankan rupee closed marginally weaker yesterday as importer dollar demand surpassed inward remittances and selling of the US currency by exporters and a bank, dealers said.

After leading the global economic growth for two years, South Asia has lost its number one place to East Asia and the Pacific as the region’s economic growth is expected to drop to 6.9 percent in 2017, from 7.5 percent in 2016.

Nikon Corporation of Japan, the manufacturer of world famous Nikon cameras, recently celebrated the completion of 100 years of superlative service to its customers world-wide.

The five-star 24hr all-inclusive hotel Riu Sri Lanka serves a variety of dishes from different destinations among which the local cuisine being a popular one.The hotel features two main 

HTC Corporation, a leading innovator in mobile and virtual reality technology, openedits first retail store in Colombo today. The HTC Store,located at Liberty Plaza, was inaugurated 

The make-up of the modern home is changing, bringing with it a new era of household,which on average, cares for 2.4 people , 0.3 pets  and now also 6.3  connected devices per home. 

Land values in Colombo are growing at a remarkable rate, a recent study has found. According to the national House Price Index maintained by LankaPropertyWeb.com, average land prices in Colombo

A year ago, the Fairway Colombo City Hotel made its grand entrance into the Hospitality Industry in Sri Lanka. 

edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider, is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the 

Qatar Airways invites passengers to take advantage of its latest “two seats, one great offer” sales campaign, providing First and Business Class passengers a special discount when booking two seats 

With the newest BASEL regulations lifting the bar higher for minimum capital, Sri Lankan banks are set to face another challenge as the country’s banking regulator is planning to double the minimum capital required for a licensed bank, Mirror B

The Bavarian Motors (Private) Limited, a company primarily involved in importation and sale of luxury BMW vehicles instituted an intellectual property action in the Commercial High Court of Colombo against BMW  (Bayerische Motoren Werke Aktienge

China Harbour Engineering Company Limited (CHEC), the developers and the owners of the Colombo Port City project, has proposed to extend the Marine Drive via an underground tunnel, that will ultimately connect the country’s South with the North

The Appropriation Bill for the budget 2018 will be presented to Parliament today, Finance and Mass Media Ministry said in a press communiqué yesterday.

REUTERS: HSBC wants to appoint company insider John Flint as its next Chief Executive and has approached regulators seeking their approval, Britain’s Sunday Times newspaper said.

The change in name comes with the acquisition of Summit Finance PLC by Property and real estate developer, Prime Lands (Pvt.) Ltd.