The National Mobile Service Provider Mobitel, has partnered with Fairfirst Insurance to offer customers an innovative micro-insurance cover that provides customers financial assistance when the

The International Advertising Association (IAA) Sri Lanka Chapter is set to present ‘Good vs. Gold’, an inspiring session featuring the globally acclaimed Group Creative Director of Leo Burnett Toronto,

OPPO, the leading global mobile brand, is set to launch one of its latest mobiles in Sri Lanka. Outfitted with Android nougut 7.1. and latest selfie technology the new model will sport a spectacular design 

Moody’s Investors Services (Moody’s) yesterday expressed its satisfaction over the new Inland Revenue Act passed in parliament last week as it will boost Sri Lanka’s revenue front and support the country’s credit profile by en

The local construction industry stakeholders are hoping to collaborate with each other and receive state support to compete with the influx of foreign construction giants, as more Western Province Megapolis projects are tendered by  the governme

ECONOMYNEXT: Sri Lanka will not abolish tax holidays already given by the Board of Investment (BOI), after a new income tax law comes into effect, Deputy Treasury Secretary S.R. Attygalle said.

Sri Lanka’s general insurance companies are likely to be able to cope with the increased number of claims resulting from flood damages due to adequate reinsuring, credit ratings agency Fitch Ratings said yesterday.

RETUERS: Sri Lankan shares closed little changed in low turnover yesterday as investors waited for clarity on the new tax bill.

A  section of the business community closely interacting with R.Paskaralingam,  Advisor to the Ministry of National  Policies and Economic Affairs at the  forum ‘Sort out your Business Issues’ held recently at the cham

The 13th Annual General Meeting of the Sri Lanka – France Business Council (SLFBC) of The Ceylon Chamber of Commerce was held recently.

Women’s Chamber of Industries and Commerce (WCIC) and SAARC Chamber Women Entrepreneur Council (SCWEC) Chairperson, Rifa Mustapha congratulated the government on its progressive legislation to bring a minimum quota of women to fill the seats of

‘Sri Lanka Retail Forum 2017,’ organized by the Sri Lanka Retailers Association, an affiliated trade body of the Ceylon Chamber of Commerce will be inaugurated this evening (12th September) at the Cinnamon Grand, Colombo. Dr. Supachai Pan

The EDB entered into a Letter of Understanding (LoU) with the PUM Netherlands senior experts with a view to supporting particularly export-oriented Small and Medium Enterprises (SMEs) by obtaining services of PUM experts from mainly Europe in the are

The government has surreptitiously re-introduced the capital gains tax (CGT) under the new Inland Revenue Act, which was passed in Parliament last week, but it will not apply on the gains made from share sales of listed companies.

Slower than  usual tourist arrivals from East Asia led by the key Chinese market weighed in on the total arrivals in August to Sri Lanka, but visitors from South Asia made up for the shortage with higher number of Indians visiting its neighbouri

Ceylon Tea has shifted to the niche category, which is less that 20 percent of the global tea trade, due to recurrent price hikes at the Colombo tea auctions owing to short supply, the head of a listed tea exporting company in the country said.

IT industry professional Mano Sekeram has resigned from the board of directors of state-owned Bank of Ceylon (BOC) with effect from September 5th, 2017, citing personal reasons.

REUTERS: Malaysian telecommunications firm Axiata Group’s infrastructure unit is buying telecom towers in Pakistan for US $940 million in partnership with a local conglomerate, in what will be one of the biggest deals in the South Asian nation.

The 163rd annual general meeting (AGM) of the Planters’ Association of Ceylon, one of the plantation sector’s most important gatherings, is scheduled to take place at Galadari Hotel, Grand Ballroom, on September 22, 2017. 

The Sri Lanka-Pakistan Business Council of the Ceylon Chamber of Commerce (CCC) hosted a delegation from the Lahore Chamber of Commerce and Industry (LCCI) recently.

The Ceylon Chamber of Commerce (CCC) will hold a seminar on the newly passed Inland Revenue Act today, which will be addressed by Finance State Minister Eran Wickramaratne.

On Thursday, September 21, 2017, the Sri Lanka Institute of Directors (SLID) will chat with Anjana Reddy, who will be sharing her journey as a young fourth generation female entrepreneur who ventured out of the family business and successfully built

Former Singularity University Ambassador Dr. Clarence Tan will be giving the keynote address at Asian Business Angel Forum (ABAF) 2017, to be held in Sri Lanka for the first time on October 11, 2017.

The 21st Presidential Export Awards (PEA) organised by the Sri Lanka Export Development Board (EDB) will be held on Thursday, September 14, 2017, at 10:00 a.m., at the Bandaranaike Memorial International Conference Hall (BMICH). 

As Sri Lanka-Bangladesh trade continued its steady climb, a top Bangladeshi Minister has recently issued a high-level call for a speedier Free Trade Agreement with Sri Lanka, to conclude as early as next year. 

AFP: International tourist numbers grew 6.4 percent in the first half of 2017, the strongest half-year figures in seven years, with Mediterranean destinations posting double-digit growth, the UN World Tourism Organisation said this week.

AFP: China’s fifth-largest state-owned bank has had its credit rating downgraded to junk status by Moody’s, the latest sign of fragility in the country’s financial system.

AFP:  The euro extended its gains in Asian trade yesterday as traders bet on the European Central Bank winding in its huge stimulus programme, while equity markets ended a volatile week mostly in the red.

AFP: Sophisticated international trafficking of ivory in Central Africa is being fuelled by high levels of corruption, according to a report published Thursday.

REUTERS:  The Sri Lankan rupee ended marginally weaker yesterday as importer dollar demand outpaced selling of the U.S. currency by exporters and banks, dealers said.