Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing companythat accelerates business outcomes for its clients, today announced that it has been 

The government revenue during the first seven months of the year rose 17.95 percent year-on-year (YoY) to Rs.1.02 trillion, nudged along mainly by indirect taxes due to the increase in the Value Added Tax (VAT) rate.

No less than two thirds of annual imports to Sri Lanka will enter the country duty free when the Free Trade Agreements (FTAs) with China and Singapore are wrapped up, said a visiting top official from World Trade Organization (WTO) in Colombo yesterd

References have also been made to Sri Lanka in foreign media reports on the massive corruption scandal rocking the world’s second largest aircraft manufacturer, Airbus. Spiegel Online, one of the most widely read English language news websites

REUTERS: The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said yesterday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India

REUTERS: Sri Lankan shares ended marginally higher yesterday in heavy trade, near a nine-week closing high hit last week, as foreign buying boosted investor sentiment, brokers said.

Continuing strongly on the environmental responsibility journey that they embarked on two years ago, leading high-end leather garment manufacturer Lanka Leather Fashion (Pvt) Ltd [LLF] recently 

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, has launched Singer GEO Smart, one of the most intelligent and energy-efficient refrigerators in Asia.

In a bid to spread awareness about the importance of saving energy and the use of LED bulbs, Orange recently carried out a special promotion by directly engaging with consumers across the country.

Wellawatta Nithyakalyani Jewellery, a pioneer in the gem and jewellery trade in Sri Lanka, was recently recognized with Gold awards at the 25th NCE Export Awards organised by the National Chamber of Exporters.

Colombo recently saw the launch of another innovative mobile and web-based start-up – Washapp – that will surely change the way you do your laundry.

The EDB organized a seminar for women entrepreneurs recently in District Secretariat Monaragala with the objective of development of women entrepreneurs to enter to the international market.

The National Conference of Chartered Accountants (NCCA), will in its 38th year receive a renewed boost from three top companies; Prime Group, Singer (Sri Lanka) PLC and Tokyo Cement Company PLC, who have come on board to power the conference with gol

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.