Generation Next Communications Pte Ltd., ( GENXT), Singapore a leading mobile & IT distributor within Asia has appointed Rajeev Gooneratne as their new Chief Executive Officer to head the 

DFCC Bank was awarded a Certificate of Merit for “Outstanding Business Sustainability Achievement” at the Karlsruhe Sustainable Finance Awards organised by the Global Sustainable Finance Network 

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, received the award for Best Use of CSR Practices 

Foreign inflows to the Colombo bourse originating from Australia indicate a figure of Rs.626.4 million year-to-date, which is an all-time record for foreign purchases from Australia in a calendar year, the Colombo Stock Exchange yesterday (CSE) said.

Credit extended to the private sector by the banks continued to decelerate as the latest data for May showed that private sector credit growth for the first time in many months had settled below 20 percent, but still above what the policy makers woul

The Commercial High Court delivered a judgment in one of the most fiercely contested legal battles for a ‘Lion’ trademark on the 7th July 2017, where the plaintiff, Ceylon Brewery Limited’s claim for the exclusive use of ‘Lion

Porcelain tableware maker Dankotuwa Porcelain PLC yesterday said the operations of its factory in Dakotuwa had come to a standstill due to a work stoppage by the workers.

REUTERS: Sri Lanka’s Central Bank is expected to keep its key interest rates steady tomorrow, as it walks a tight rope between supporting an economy hampered by the worst flooding in over a decade and keeping inflation in check amid still-stron

Sudath Perera Associates, one of Sri Lanka's leading law firms, celebrated its 15th year anniversary last month. To commemorate the event, religious observances were held at its office in Nawala, followed

Hirdaramani Woven Puthukudiyruppu was awarded the LEED Platinum certification established by the US Green Building Council and verified by the Green Building Certification Institute (GBCI).

Mobitel proudly launched Municipal Assessment Payment System (MAPS), an eTax payment system on 28th July 2017 at the Dehiwala - Mount Lavinia Municipal Council premises. The occasion was 

The British Council in Sri Lanka expanded its Partner Teaching Centre in Matara recently. The institution is partnering with the Apex Business Academy in order to offer a range of teaching services 

Created by the society, with the society, and for the society, ‘Sanasa movement’ is truly the largest and one-of-its-kind in the country with an ever-increasing membership. The Sanasa movement 

Mastercard announced its partnership with Emirates to offer additional savings on economy and business class tickets. Cardholders can avail a discount of up to 8% on return economy fares and up 

The DFCC Group reported an excellent half year performance for 2017, with DFCC Bank leading the charge on the back of its strategic growth drive as a rapidly emerging full service commercial bank.

The scale and diversity of Sri Lanka’s economy makes it an ideal candidate for the deployment of advanced data analytics according to world renowned, Pakistani-born, data scientist and recently

Verité Research hosted EIA expert Joshua C. Gellers, who presented his early research findings on the quality of Environmental Impact Assessments in Sri Lanka. 

Regaining GSP Plus will most certainly come with its fair share of challenges, and the government must now should set its sights on helping the export sector of the county to reap benefits, Exporter’s Association of Sri Lanka (EASL) stressed re

Sri Lanka reached a 6.8 million motor vehicle population in 2016, an 8 percent increase from 6.3 million registered in 2015, according to the latest edition of an annual report on the country’s vehicle market, compiled by the Ceylon Chamber of

Colombo City Holdings PLC, a property management company, yesterday said it entered into a sales agreement to divest part of the land it owns in Union Place, Colombo 2, which is commonly referred to as the Colombo Pharmacy land, for Rs.1 billion, to

Despite the Hambantota port deal would provide a temporary respite to the country’s ailing external sector by way of boosting its foreign exchange reserves, such proceeds by no means would be adequate to alleviate the medium-term challenges th

Sakura International, as a reputed organization, is known for its ability to supply comprehensive solutions in any commercial equipment that would be needed for a hotel from its entrance towards the backend which would include bakery, catering &

Continuing to provide irresistible deals, SampathCards, the responsible choice, announced that it has partnered with Damro to make furniture and appliances more affordable for its cardholders, yet again. 

A new legislation gazetted by the Finance Ministry is attempting to amend the Regulation of Insurance Industry Act No. 43 of 2000 to allow insurance subsidiaries of foreign firms and state-owned insurance companies to be exempted from listing on the

Fitch Ratings yesterday downgraded the credit rating of Sri Lanka’s largest brewer, Lion Brewery (Ceylon) PLC, amid lower beer sales as a result of the higher taxes imposed by the authorities over the last 18 months.

Hemas Slingshot, the startup incubator and seed accelerator programme of Hemas Holdings PLC, announced the winners of the Hemas Slingshot Startup Battle at the culmination of Disrupt Asia 2017 earlier this month. 

Alert cabin crew members aboard SriLankan Airlines’ flight UL 166 managed to avert a major incident that is believed to have been caused by the ignition of a lithium battery pack or mobile phones in a passenger’s hand luggage. The inciden

In today’s fast-paced world, preparing meals after a hard day’s work can be tiring, costly and a full-on hassle. We all struggle with balancing our many tasks and responsibilities all whilst trying to manage 

The Chartered Institute of Marketing (CIM) Sri Lanka entered into its second year of Corporate partnership with Emerald International (Pvt) Limited, one of the leading menswear bran

AFP: Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move that worries many, including its giant neighbour India.