President’s Counsel Sanjeeva Jayawardena this week forewarned the country’s Supreme Court of the creation of “other agents” outside the Inland Revenue Department’s (IRD) purview as tax officers by the new Inland Revenue

Emirates’ iconic A380 aircraft will make a one-off landing at Bandaranaike International Airport (BIA), Katunayake, on Monday, August 14, as the global airline joins the local authorities in the celebration of the airport’s resurfaced run

Though there are many distinct features of Sri Lankan cuisine that set it apart from culinary styles across the world, the one, surefire ingredient that adds an authentic 

Sampath Bank announced that Mrs.Shashi Kandambi Jassim, Senior Deputy General Manager – Corporate Banking, has received theGold award in the Banking and Finance category at the

The leading advertising company Holmes Pollard & Stott (HPS) has won the ‘Advertising Agency of the Year’ award at the Golden Globe Tigers 2017 (Sri Lanka Edition) for Excellence & Leadership

REUTERS:  Sri Lanka’s economy will rebound in coming months as the island nation begins to rebuild after devastating floods, and it could still expand by 4.5 to 5.0 percent for the full-year, the Central Bank Governor Indrajith Coomaraswam

Former Etisalat CEO Dumindra Ratnayaka, who was recently re-appointed as a director of Sri Lanka’s apex state-run investment promotion body, Board of Investment (BOI), has been appointed as its Chairman, Development Strategies and International

The local trade and business landscape will see greater transparency with the implementation of a fully-fledged online payment platform for Sri Lanka Customs that will be launched tomorrow.

A proposed 4,000 acre aquaculture park in Mannar, which has received Cabinet approval and attracted plans for US$ 72 million in initial private sector investments as a part of reaching a US$ 1.5 billion target in seafood exports, is facing roadblocks

Chevron Lubricants Lanka PLC, the local unit of US-based multinational, posted a net profit of Rs.525.90 million for its second quarter ended June 30, 2017 (2Q17), recording a 34 percent decline compared to the corresponding period last year, due to&

Every year over 2 million people make the 2,200-meter climb to the holy peak of Sri Pada and leave behind a mountain of trash. 

Sri Lanka’s unemployment rate fell to 4.1 percent in the first quarter of 2017 (1Q17) recording a three-year low, with most jobs being created in the country’s industrial sector, according to the Department of  Census and Statistics

Moody’s Investors Service put Sri Lanka’s public enterprise debt at a whopping 14 percent of gross domestic product (GDP) and warned the government of additional risks to its finances should such debt requires any state support, which is

According to the quarterly career report published by everjobs.lk, the accounting and finance job category has the highest number of vacancies available, along with the highest number of applications submitted for, throughout the past three months.

An economic advisor to the Finance Ministry recently suggested that subsidized maternity leave and investments in day care centres could increase female labour force participation and persuade companies to hire more women.  

Sri Lankan shares fell yesterday, after posting their highest close in more than 18 months in the previous session, as investors booked profits in blue chips. However, foreign players bought stocks on expectations of strong corporate earnings, limiti

The Director of Indo-Lanka Initiatives at the Pathfinder Foundation, Admiral Dr.Jayanath Colombage delivered a special lecture titled ‘Geo-Strategic Competition and Dynamics in the India Ocean: A south Asian Perspective’ at a conference t

NSBM Green University Town (NSBM) announced its formal MoU sign up with MTI Consulting for its Industry Partnership Programme. 

Sri Lanka’s one million strong Small and Medium Enterprises (SMEs) have clinched the largest international support wave in their business history thereby finally enabling them to directly link with global markets. Lankan SMEs in spices, food pr

Munchee recently launched ‘Potato Cracker’ to the market as its latest innovation with a view to offer total new sensation to cracker consumers in Sri Lanka.

A 13-member Korean business delegation visited Sri Lanka at the invitation of Ideal Group to explore business and investment opportunities in diverse areas. 

Taco Bell, the world’s largest Mexican inspired quick service restaurant (QSR) chain opened its first restaurant in Horton Place, Colombo – 7 yesterday. 

Sri Lanka’s premier business chamber, the Ceylon Chamber of Commerce (CCC), yesterday said the new Inland Revenue Bill should ideally be implemented from April 1, next year, giving a longer transitional period for both the taxpayer and Inland R

The 19th edition of the premier international packaging exhibition in Sri Lanka will run from 27 – 29th October at the Bandaranaike Memorial International Conference Hall (BMICH).   

REUTERS: The Sri Lankan rupee gave up early gains but ended steady yesterday as late importer dollar demand offset selling of the greenback by exporters.

Supply chain logistics company Eagle Logistics organised a day training programme with Sri Lankan Airlines for its customers last week.  

Laugfs Gas Bangladesh, part of the diversified Sri Lankan multinational Laugfs Holdings, announced plans to strengthen its presence in Bangladesh with renewed commitment and further investments.  These views were expressed at a Corporate Dinner

Blue Star Limited, India’s leading air conditioning and refrigeration company has announced its partnership with Comfort Solutions as the official distributor in Sri Lanka for its Unitary products range comprising room air conditioners, cassett

The 25th of July 2017 will be the final date for the submission ofentriesfor the Fairway National Literary Awards (FNLA) 2017. Running for the third consecutive year, this competition seeks

Utter the words, “Application Support” and you will be met with a variety of reactions. To some, it merely translates into extended work hours. Another popular reaction is that of condescension,