The United Arab Emirates wishes to enhance bilateral trade and investments with Sri Lanka, its envoy in Sri Lanka, Abdulhamid Abdulfattah K Al Mulla said during a meeting with the Ceylon Chamber of Commerce recently.

SDB bank participated at the third day of ‘Vyawasaya 2017’ exhibition and trade fair 2017) that was held on March 31st, 01st and 02nd of April at BMICH in Colombo. 

 Finance Minister Ravi Karunanayake met his counterpart of Nepal, Krishna Bahadur Mahara during the South Asian Sub Regional Economic Summit held in New Delhi recently. The two ministers discussed several issues important to both countries at re

Strengthening its product portfolio, Hameedia, the local menswear specialist, recently introduced a new range of shoe care products to the local market with the launch of India’s PRO shoe care. The PRO shoe care range of products offers eight f

A galaxy of experience and star performers form this year’s dynamic new IAA board. Unanimously elected as president for the 3rd time running was Dentsu  Grant Vice President, Laila Gunesekere-

A case of major corporate skullduggery has been unearthed at Agalawatte Plantations PLC (AGAL), where the ex-owners and the management were alleged to have squandered billions of rupees on extravagant projects, duping employees, bankers and sharehold

Sri Lanka’s largest export firm, MAS Holdings, is set to acquire an apparel manufacturing factory in the United States for US $ 20 million, marking the homegrown apparel giant’s first foray into production in the western hemisphere. 

SriLankan Airlines yesterday said it would resume the normal operations throughout its global route network from tomorrow, following the resumption of the full services at Colombo’s Bandaranaike International Airport (BIA), which had been parti

Browns Beach Hotels PLC (BBH) is expecting to raise Rs.1.4 billion through a rights issue on April 24, amid protest from the major shareholders due to the devalued market prices of the BBH shares.  Last August, BBH’s director board had app

The Ceylon Motor Traders’ Association (CMTA) yesterday said the decision by the government to allow the assembling of motor vehicles locally with used imported spare parts violates the Customs regulations and endangers the lives of the buyers o

Professor Norbert Lammert, who has served as President of the German Bundestag since October 2005, arrived in Colombo on an official visit on Monday. Dr. Lammert was warmly welcomed by Markus Marti, General Manager of Mövenpick Hotel Colombo and

Sri Lanka’s leading national market facilitator for its historic arts and crafts has turned around with surging profits.

Sri Lanka’s trouble with its trade account is set to continue for the foreseeable future as the provisional data released for this year have indicated a further widening of the country’s trade deficit due to current power generation large

A case of major corporate skullduggery has been unearthed at Agalawatte Plantations PLC (AGAL), where the ex-owners and the management were alleged to have squandered billions of rupees on extravagant projects, duping employees, bankers  and sha

Brush manufacturer and exporter of sanitary maintenance tools, BPPL Holdings Limited (BPPL), also known as Biera Group, rang the opening bell to commence trading and celebrate the listing of its shares on the Colombo Stock Exchange  (CSE) yester

The Rs. 960 million Initial Public Offering (IPO) of commercial office space owner, developer and manager, RIL Property Ltd., was oversubscribed within minutes of the issue opening yesterday on the Colombo Stock Exchange (CSE).

The top management of the Colombo Stock Exchange (CSE) is depending on the listing of state-owned enterprises to reignite the bourse, after two and a half years of stagnation.

India’s Asian Paints has acquired Sri Lankan paint maker Causeway Paints Lanka (Pvt) Ltd. in a deal to the tune of Rs.9.05 billion, Indian media reports said.

The Ease of Doing business forum, an initiative by the Ministry of Finance to fast track the business processes and maintain a continuous dialogue between the government agencies and the private sector organizations will hold its 12th forum at 2.00 p

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently recognized 13 professional education providers as Accredited Learning Partners. 

An evening discussion on the capital market as a source of corporate finance was organised by the Continuing Professional Development (CPD) Committee of the Institute of Certified Management Accountants of Sri Lanka (CMA) recently, at the auditorium

Nalin Perera has been appointed as Chief Executive Officer (CEO) of Mobitel (Pvt.) Ltd.  He started his career at Mobitel in 2001 as General Manager Marketing and progressed to the positions of Senior General Manager Marketing and Senior General

Finance Minister Ravi Karunanayake, who is in New Delhi to participate in the Subregional Economic Cooperation Summit of South Asia, which was inaugurated in New Delhi yesterday, on the sidelines of the summit, met Malaysian Prime Minister  Naji

Vehicle imports to Sri Lanka crashed in February as the prospective buyers were hit by the double whammy of higher excise duties and stricter financing conditions, dashing their hopes of owning a small car or a three-wheeler for the foreseeable futur

Ownership of desktops and laptops in Sri Lanka has fallen significantly in the first half of 2016 (1H16) compared to the same period in 2015 due to increased use of smartphones and tablets.

Despite the prolonged drought that was present throughout the final quarter of 2016, Sri Lanka’s unemployment fell to 4.2 percent from 4.4 percent year-on-year (YoY) and 4.5 percent in the third quarter of 2016, data from the Census and Statist

REUTERS: The Sri Lankan rupee ended slightly firmer in dull trade yesterday due to inward remittances and exporter dollar sales ahead of the festival season, dealers said.

How many books have you written so far and where do you get the passion to right?  

Sri Lanka’s most diversified conglomerate, Hayleys PLC announced the appointment of Noel Laxman Sanath Joseph to its director board.

An interactive meeting was held between Italian travel trade stakeholders and the Minister of Tourism Development, Lands and Christian Religious Affairs John Amaratunga in Italy yesterday.