LIRNEasia CEO Helani Galpaya was recently appointed to the board of the Global Partnership for Sustainable Development Data (GPSDD).  

A firm talking state finance minister yesterday asserted that the controversial Hambantota port deal would go through regardless of the protests against it.

Piramal Glass Ceylon PLC, the local unit of Piramal Glass Limited, India reported earnings of 11 cents a share or Rs.105 million for its April – June quarter (1Q18), down from 12 cents a share or 4.5 percent from the same period last year as sa

The Finance and Mass Media Ministry this month has slashed the import duties on milk powder to negligible levels, as the global dairy prices show signs of continuous recovery after reaching a 10-year low in late-2015.

Shangri-La Hotels Lanka Pvt Ltd has inked an agreement to partner with Odel, Sri Lanka’s premier fashion and lifestyle department store owned and managed by Odel Plc, a subsidiary of Softlogic Holdings PLC. 

Union Bank of Ceylon PLC, a licensed commercial bank with an asset base of Rs.103.2 billion, reported earnings of 12 cents a share or Rs.125.8 million for its June quarter, recording an increase of 7.0 percent year-on-year (YoY), the interim financia

The Sri Lanka Institute of Marketing (SLIM) announced the launch of the 16th SLIM Brand Excellence Awards at a joint briefing held for media and participants at the JAIC Hilton recently.

Etihad Airways today introduced the Boeing 787-9 on its scheduled daily service from Abu Dhabi, the capital of the United Arab Emirates (UAE), to Beirut, Lebanon. 

More female tourists arrived in Sri Lanka than males in 2016, possibly for the first time in Sri Lanka’s 50-year organized tourism history despite recent travel warnings by several foreign missions in the country of sexual assault on female tou

A firm talking State Finance Minister yesterday asserted that the controversial Hambantota port deal would go through regardless of the protests against it.

National Development Bank PLC (NDB), the development lender turned commercial bank, reported earnings of Rs.4.48 a share or Rs.748. 1 million for the April -June quarter, recording an increase of 39.7 percent from a year ago as the bank managed to ma

The sustainable Development and Wildlife Ministry has decided to close the Wilpattu National Park to visitors during the low season months of May and to strictly enforce zoning restrictions whereby tourists and other visitors will be allowed to only

Asian Hotels and Properties (AHPL), the city hotel and real estate management arm of the John Keells group, posted a net profit of Rs.280.12 million for its first quarter ended June 30, 2017 (1Q18), which was a 17 percent Year-on-Year (YoY) fall, due

 The Central Bank of Sri Lanka will introduce a new primary issuance system for Treasury bonds effective July 27. 

Furniture manufacture Alpha Industries recently joined hands with ‘Office 2017’, an exclusive exhibition showcasing workplace solutions, as Gold sponsors for the mega event. 

The Sri Lanka Economic Association in collaboration with the University of Colombo Economics Department is organising a seminar on ‘Economics of garbage disposal’ tomorrow, at the Department of Economics.

Senerath Devendra, a senior professional in the financial and corporate sector in Sri Lanka, will be joining the Dreamron group as its Financial Director in August 2017 to the position of Non-Executive Director of the group.

REUTERS: Sri Lanka’s cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota yesterday, the government said, after terms of the first pact sparked widespread public anger in the island nation.

Caryll Van Dort, Group Director of MSLGROUP Sri Lanka was recently recognized for her contribution to the advertising industry at the Professional Career Women Awards organized by Women in 

The Outlet Store, Sri Lanka’s latest addition to the fastest growing retail fashion sectorwhich opened its doors for an exclusive family shopping experience, rolled out a fabulous shopping week spreethis 

DFCC Bank opened its newest branch in Tissamaharama recently. Recognizing that the emerging economy of Southern Sri Lanka has a unique and diverse range of financial needs, DFCC Bank

Allianz Lanka announced that it has been recognized as the “Best Employer Brand” at the Sri Lanka Best Employer Brand Awards 2017 held recently. The event also saw the company’s Chief Executive

Bangladesh’s leading business conglomerate The Gemcon Group, has retained the services of MTI Consulting for a strategic cross-border M&A assignment, aimed at bringing in domain-specific expertise into the Bangladesh market, along with stra

The Belt and Road Initiative (BRI) of China, offers many opportunities for countries like Sri Lanka that requires substantial infrastructure development. 

Sri Lankan shares fell for the sixth straight session yesterday to post a near six-week closing low, but brokers said the slide is slowing down.

Lfinity Pvt Limited, a subsidiary of Laugfs Holdings, recently unveiled their E-commerce experience centre at Colombo 6. 

United Tractor & Equipment (Pvt) Ltd (UTE), renowned as a company in the forefront of power generation solutions hosted customers recently, to discuss key trends and new products shaping the local solar industry.

The Sri Lankan rupee ended firmer yesterday as dollar selling by exporters and banks outpaced demand for the US currency from importers, but dollar purchases by state-owned banks weighed on the currency, dealers said. 

Twenty six agencies connected to the Port City project met for the 4th review meeting and site visit last week. 

It has been a year of accolades for Milo as it becomes the recipient of yet another new title: Sri Lanka’s ‘Global Master Brand’.