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’. 

Sri Lanka Economic Summit 2017 will be inaugurated this morning with the participation of Principal Economic Adviser to Government of India Sanjeev Sanyal, Central Bank Governor Dr. Indrajit Coomaraswamy, Finance State Minister Eran Wickramaratne, Ec

Lanwa which have secured the green mark certification from the CIOB is the largest steel manufacture in Sri Lanka for years time and it has earned the largest market share in the local steel market. Lanwa  also boost the concept of ‘Toward

Sri Lanka’s lubricant industry market leader, Chevron Lubricants Lanka PLC, yesterday contradicted the market regulator, the Public Utilities Commission of Sri Lanka (PUCSL), on the growth of the lubricant market during last year.

Sri Lanka’s overcrowded finance company sector may have to brace for tough times ahead as the sector capitalization levels are expected to come under pressure amid the operating conditions set to turn hostile, Fitch Ratings yesterday said.

In its endeavour to becoming a paperless institution, Customs Director General Chulananda Perera said Sri Lanka Customs would be looking to have more technological advancements during this year. “In terms of technology development, the concept

Ministry of Development Strategies and International Trade jointly arranged with World Bank Group a workshop titled ‘ Sri Lanka Innovation & Entrepreneurship Strategies’, last week.  

Chevron’s second quarter for 2017 was affected by weather anomalies, rising raw material prices and advanced buying in expectation of a price increase, Gomes said.

The 13th of August 2017 will see famed management development consultant, Mr. Deepal Sooriyaarachchi introduce his latest program called Success Siksha. The program, which has been 

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’. Milo was awarded this title at the recently held inaugural Master Brand 

RUMPUNCH a bold, exotic brand of resort wear, now retails their hottest swim & beachwear from their SUMMER FESTIVE Collection at the Jaguar Land Rover (JLR) Showroom