At the recent ADFIAP (Association of Development Financing Institutions in Asia and Pacific) Awards Night held in Macau, DFCC Bank won an award under the SME Development category

The industry association of Sri Lanka’s hoteliers and the leading lobby group of the country’s tourism sector this week claimed that their industry will become the largest investor in the Sri Lankan economy by 2020.

 A severe drought followed by floods has slashed agricultural production in Sri Lanka, leaving some 900,000 people facing food insecurity, the United Nations said, warning that without help the situation might further deteriorate.

Binod Chaudhary, who is regarded as Nepal’s first billionaire and the only one from the Himalayan republic to be listed on Forbes Magazine’s billionaire’s list will be the chief guest of the 178th Annual General Meeting (AGM) of the

Aitken Spence Travels, Sri Lanka’s largest inbound tourism company, marks its 40th anniversary this week. 

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday ahead of the Central Bank’s policy review as a foreign bank sold dollars, but dollar buying by a state bank prevented further strengthening in the rupee, dealers said.

Amid the forthcoming higher capital adequacy requirements that are to be met under BASEL III from as early as July 1, Fitch Ratings says Sri Lanka’s banks may also have to be ready for elevated minimum capital levels as proposed by the last bud

REUTERS: Sri Lankan shares fell yesterday in low turnover, retreating from a 17-month closing high, as investors awaited the Central Bank’s monetary policy review.

Pro-Am Serendib (Pvt) Ltd., the official licensee of the World Triathlon Corporation and owner of the IRONMAN global triathlon brand, is gearing up to hold a prestigious international sporting event 

Joining Jaguar’s PACE family of performance SUVs, the E-PACE follows on from the successful F-PACE, which helped boost Jaguar’s sales by 83 per cent last year, and the all-electric I-PACE 

With a primary goal of creating a networking space for the programming community of Sri Lanka, hSenid Mobile Solutions (hMS), together with Effective Solutions (Pvt) Ltd., recently conducted an event on robotics and programmable cars. 

Abans recently launched LG’s newest flagship smartphone, the LG G6, for the first time in Sri Lanka, being the country’s sole authorized distributor for LG electronics. 

'Marketing & Business STRATEGY’ Sri Lanka’s first Management book to be published in UK & USA was launched this week at an event held at the Sri Lanka foundation institute.  

HVA Foods PLC has gained ground on acquiring state land to start its US $ 4 million organic agriculture resort near Wilpattu as a proposal by Land and Parliamentary Reforms Minister Gayantha Karunathilaka to lease 69.9 hectares or 172.2 acres of land

The Cabinet of Ministers has passed a proposal allowing the International Finance Corporation (IFC), a unit of the World Bank Group, to sell rupee bonds in the international market.

The Simplified Value Added Tax (SVAT) scheme will be abolished on January 1, 2018, subject to parliamentary approval, according to a decision taken by the Cabinet of Ministers. 

Japanese banking giant JCB International Co. Ltd will be issuing Sri Lanka’s national banking cards in partnership with LankaClear (Pvt.) Ltd’s LankaPay brand next year, it was revealed on Tuesday. “The partnership was approved last

Commercial Bank of Ceylon PLC (ComBank) yesterday announced the oversubscription of its Rs.10.1 billion rights issue, which was aimed at beefing up the bank’s capital base and aiding future growth. 

The John Keells Holdings PLC (JKH) subsidiary, Whittall Boustead Limited, has further trimmed its stake in Union Assurance PLC, to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and Exch

The annual general meeting (AGM) of the Singhalese Sports Club (SSC) is scheduled to take place tomorrow, at 7:00 p.m., at the club premises.

Sri Lanka’s celebrated Ceylon Tea roared at this year’s World Tea Expo, drawing attention to the official country of origin and showing by example its pedigree of social, economic and environmental responsibility.

India-based impact investment firm Aavishkaar has made its second bet in Sri Lanka by investing in logistics solutions provider Grasshoppers (Pvt.) Ltd. 

More than five years since first launching in Singapore, Mastercard Labs has reaffirmed its commitment to being pioneers of a World Beyond Cash by opening a new Innovation Showcase, 

Two seemingly unlikely allies have joined forces for a 40-day body transformation challenge. The Sandwich Factory is partnering with personal trainers Fit.lk for the Go Keto Bootcamp - a one and a 

The intercompany soft ball six-a-side Cricket tournament for the staff of CAL (Capital Alliance) was held recently at the Buddhadasa grounds in Colombo to promote a spirit of camaraderie

The award-winning airline collects host of awards, including Best First Class Airline Lounge, Best Airline in the Middle East and World’s Best Business Class

The trendy, savvy and hip local women’s footwear brand ‘Jessica’, opened its exclusive store at No. 160 Bauddhaloka Mawatha, Colombo 04 on 9th June, 2017. 

Lankan corporates are likely to experience some headwinds in the next 12 months as a result of rising interest rates in the economy, the Sri Lankan unit of global credit rating agency, Fitch Ratings said yesterday.

Japanese banking giant JCB International Co. Ltd. will be issuing Sri Lanka’s national banking cards in partnership with LankaClear (Pvt) Ltd’s LankaPay brand next year, it was revealed yesterday.

John Keells Holdings PLC (JKH) subsidiary, Whittall Boustead Limited has further trimmed its stake in Union Assurance PLC to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and Exchange C