Leading economists recently called on the government to implement austerity measures in the upcoming budget in order to save the country from the trouble it is in and to market the budget as a ‘thrifty budget’ to rally public support arou

AFP: India’s Tata Sons dumped Cyrus Mistry as its Chairman in a surprise announcement yesterday, almost four years after his appointment as the first chief of the conglomerate from outside the Tata family.

The Rs.5 billion debenture issue of Commercial Bank of Ceylon PLC closed within minutes of opening yesterday after it was oversubscribed twice over. The bank received a substantial amount of applications and has decided to exercise its option of enla

The highest ranking Maldivian diplomat in Sri Lanka yesterday asked local companies to invest more in the Maldives in the future, as the Indian Ocean archipelago gears itself up to an economic transformation under its current leadership.

In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MoU) with the Inland Revenue Department recently to exchange

REUTERS: Sri Lankan shares closed yesterday at their lowest in 12 weeks in lean trade as investors awaited cues from the central government budget and the five-year plan ahead of corporate results. Sri Lanka’s quarterly earnings season started

Australian High Commissioner Bryce Hutchesson will be the special guest speaker at a session on ‘Bilateral trade between Sri Lanka and Australia’ organised by the National Chamber of Commerce (NCC), on Tuesday, October 25, 2016, from 3:00

Indian Foreign Secretary S. Jaishankar was on a three-day official visit to Sri Lanka recently.  He was accompanied by an official delegation of top officials from public sector companies and a team from the Confederation of Indian Industries.&n

Dr. Patrick Dixon, a globally acclaimed futurist, a growth strategist and a keynote speaker, will address Lankan CEOs this Friday at the Ceylon Chamber of Commerce (CCC).

One of the country’s leading economists said that future operations of the national carrier SriLankan 

Business magnate Dhammika Perera said that he will be investing in two technological platforms to help boost the country’s health sector as a part of his charity work.

Consumer durables industry, which showed some resilience across the country’s economic cycles, is set to experience some headwinds, an international credit rating agency recently said.

The Health, Nutrition and Indigenous Medicine Ministry has reduced the prices of 48 drugs this 

Immigration and Emigration Controller General Nihal Ranasinghe said that by next year his 

The hole in Sri Lanka’s tea cup further widened in the month of September with the production figures plunging to a 15-year low.

The Planters’ Association of Ceylon (PA) reiterated its call for cooperation among trade unions and 

Sri Lanka’s twofold bid to build economic momentum and improve investor sentiment on the back of 

Sri Lanka’s national headline inflation measured through the National Consumer Price Index (NCPI) 

The number of motor vehicles registered in September marginally declined to 41,572 from 41,797 

The National Chamber of Commerce (NCC) will hold a half-day seminar on ‘EPF & ETF’ in English on 

Since its inception in 2005, the Council for Business with Britain’s (CBB) vision of ‘Prosperity through 

The Import Section of the Ceylon Chamber of Commerce (CCC) in partnership with Verité Research 

Fitch Ratings has maintained a stable outlook on Sri Lanka’s telecoms sector despite higher taxes slapped on telcos.

AFP - Asian markets were mostly down yesterday, ending three days of gains as the euro hit its 

AFP- Nissan boss Carlos Ghosn said yesterday that a decision on further investment at a car plant in 

REUTERS: The Sri Lankan rupee was trading steady yesterday, with dollar demand by importers 

AFP - The head of the Belgian region of Wallonia yesterday said he still refused to sign off on a 

Women in Logistics and Transport (WiLAT), the women’s forum of the Chartered Institute of Logistics 

The planting executives of Maskeliya Plantations PLC, which is owned by Richard Pieris Group of 

The Siddhalepa group has once again provided the platform for preschool children to express their natural talents with the launch of its Kekulu all-island art competition.