China’s largest chip maker has announced it will invest US$30 billion to build a new semiconductor factory, as the world’s...

Shanghai stocks jumped yesterday after China’s economy enjoyed its first growth pick-up in two years, but traders....

Sri Lankan stocks closed higher yesterday led by financials, after hitting a more than one-week closing low.....

Created with the aim of celebrating the many faceted talents of emerging young artists from Sri Lanka, The Cockrell Fringe Festival in Galle was all about anarchic fun without the guilt and brought to the forefront innovative, diverse and daring new

SriLankan Airlines, the national carrier, inviting the country’s talented youth to artistically elaborate their perspective on the airline, unveils its ultimate creativity inspiring endeavour, Speculo 2017. This painting and visual art competit

The Word Blasters Toastmasters Club (WBTMC) presents a Toastmasters experience of a lifetime with the seventh Speechcraft Programme conducted by the club, which would take place at the Royal College Union Skills Centre (RCUSC) on Saturday, January 28

Suren Cooke Agencies, a pioneer in the pest management industry and renowned for utilizing the latest and most innovative pest control solutions, has introduced the Sure Green Eradicator, based on steam superheated at 180C to eliminate bed bugs, inst

Sri Lanka should first worry about the barriers to trade inside the country before entering into far reaching trade pacts with other countries as bureaucracy and administrative and information inefficiencies among other things have put a cap on the p

PeaceAir Pvt Ltd, one of the three shortlisted candidates of the bids for the management of SriLankan Airlines (SriLankan) yesterday held a press conference to express its frustration over the bid evaluation process, which they charged was not transp

LB Finance PLC (LBF), a Dhammika Perera-controlled licensed finance company, recorded higher profits exceeding Rs.1 billion for the quarter ended December 31, 2016 (3Q17), supported by higher loans and leases extended during the period, which in turn

AIA Insurance Lanka PLC yesterday announced an interim dividend of Rs.48 per share payable by February 08, 2017 for the financial year 2016.

Sri Lanka’s leading poultry manufacturer, Ceylon Grain Elevators PLC (GRAN), has entered into an agreement to acquire land and a poultry processing plant from related party Ceylon Agro-Industries Limited for Rs. 272 million.

REUTERS: The Sri Lankan rupee traded weaker yesterday due to dollar demand from importers while moral suasion by the Central Bank prevented a further fall in the currency, dealers said.

Sarada De Silva, the outgoing President of the National Chamber of Exporters (NCE), pleaded with the country’s  political masters to do away with the ugly habit of ad hoc policy changes, which he termed as the “yes and no” styl

In what appears to be the biggest clamping down on a listed entity in recent times, the Securities and Exchange Commission (SEC) yesterday imposed several restrictions on Swarnamahal Financial Services PLC (SFS) as the entity is said to have violated

The loan-to-value ratios (LTV) of vehicle financing stipulated in the 2017 budget will go ahead as planned after the Central Bank advised the banks and financial companies to follow the Finance Ministry regulations.

Takima Tech, the Japanese innovation solar energy technology was officially launched in Sri Lanka recently, during which they also announced the opening of their showroom in Battaramulla next month.

Electro Metal Pressings (Pvt) Ltd recently secured an export agreement with Fenaka Corporation, the government-owned utility service provider of Maldives. 

Sri Lanka’s complacent bureaucracy has caused exporters to give up or move their businesses to other countries, which has mainly accounted for the country’s abysmal export performance, the Colombo-based think tank Verité Research s

Sri Lanka has borrowed US $ 125 million from the World Bank (WB) to modernize its agriculture sector, as the country aims to make the sector more efficient and attractive as a modern business,

SriLankan Cargo, the freight handling arm of SriLankan Airlines, set a new record for the amount of cargo handled at the Cargo Centre of Colombo’s Bandaranaike International Airport (BIA) with a massive total of 239,636 tonnes in 2016, a remark

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, has introduced a guideline

 Sri Lanka’s largest education exhibition and job fair – EDEX Expo – will be held from January 20 to 22, 2017, at the BMICH Colombo and on January 27 and 28, 2017 at Kandy City Centre  (KCC), Kandy. 

Standard Chartered’s Global Research Team has included Sri Lanka as part of its Global Research Briefing circuit, and will conduct a closed-door exclusive session entitled ‘Welcome to the Jungle’ for the bank’s clients on Tues

Amid a splash of colours and quality aromas, Hendricks Tea, one of Sri Lanka’s leading brands that produces finest and freshest Ceylon Tea, launched its newest outlet in Kiribathgoda, in a bid to popularize itsfinest teas at reasonable prices.

Many companies around the world adopt the Six Sigma Methodology in an effort to improve any area. 

POP has been a household name in Sri Lanka for over a decade with a range of mouth-watering snacks that has excited the taste buds of Sri Lankans across all corners. 

With a core focus on expanding Vision Care’s range of optical services to a wider majority of areas covering all major districts in the country, the eye care solutions provider has embarked on yet another feat of branch expansion with their new

Expansions in Sri Lanka’s Purchasing Managers’ Index (PMI) this December showed that both manufacturing and services sectors have performed well during the festive season, according to the Central Bank. 

Bairaha Farms PLC (BFP) yesterday announced additional investments amounting to Rs.239 million to the ongoing construction of its animal feed manufacturing and storage facility.