Fitch Ratings Lanka has assigned Commercial Bank of Ceylon PLC’s (AA(lka)/Stable) proposed Basel II-compliant subordinated debentures of up to Rs.7 billion a final national long-term rating of ‘AA-(lka)’.

The Ceylon Electricity Board (CEB) has submitted a proposal to the energy regulator, the Public Utilities Commission of Sri Lanka (PUCSL), to increase electricity tariffs on all consumer categories by 5 percent for the next six months, due to the ris

Japanese porcelain maker Noritake recently opened its latest showroom with new designs in Pepiliyana. 

Bio Extracts (Pvt.) Ltd announced the opening of its first international franchise outlet for Baraka, the company’s flagship brand, in Bosnia recently. 

PAG Investment Management Ltd in Minato –Ku, Tokyo, Japan recently assisted HelpAge  Sri Lanka (HASL) to provide school books and educational  equipment to 112  flood affected underprivileged school children of Bollatawa  Ju

MAS Holdings and Royal College Union (RCU) extended their financial support towards Trail 2016, contributing US $ 100,000 and Rs.50 million respectively.

Over 1,000 children and their families celebrated the World Children’s Day with Milo at the grand finalé of the popular ‘Mom, Me and My Milo’ campaign, painting the streets of Colombo green in a mega Milo Cycle Parade. 

Arpico water pump, Sri Lanka’s leading water pump brand, was recently relaunched with a host of specialized features that amplify the brand’s continued commitment to customer service excellence and trust built through the years. 

Sri Lanka has made its demographic transition well before making the economic transition in stark 

Investors will be soon able to register their companies within 24 hours via the Company Registrar’s Office, Finance Minister Ravi Karunanayake said.

Sri Lanka’s headline inflation measured by the Colombo Consumer Price Index (CCPI) has edged 

The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) last week directed 

TUI, the world’s largest integrated tourism group will be operating weekly charter flights to Sri Lanka after a lapse of six years, starting from December 2016 until March 2017.

The energy sector regulator, the Public Utilities Commission of Sri Lanka (PUCSL), has requested 

Commercial Credit & Finance PLC’s parent BG Group last month signed a Memorandum of 

Political agendas are immaterial for the current administration of good governance in preparing its national budgets, Finance Minister Ravi Karunanayake stressed. 

In a significant and strategic shift in the oil and gas industry in Sri Lanka, Hayleys Energy Services yesterday announced that it has completed the testing, repair and modifications of the hydraulic work over rig, the ‘Lewek Explorer 600&rsquo

AFP - Frenchman Michel Barnier officially starts work as the European Commission’s Brexit negotiator today in an appointment that British media called a “declaration of war”.

SriLankan Airlines celebrated its launch of services to Lahore, by organizing a familiarization tour to Sri Lanka for a group comprising top travel agents and media personnel from the Lahore / Punjab Province area.

AFP - Asian and European markets tumbled yesterday, tracking a sell-off in New York as worries about the future of German banking giant Deutsche Bank hammered financial stocks.

Reuters - The Sri Lankan rupee traded slightly firmer yesterday, after four straight sessions of losses, as tight rupee liquidity triggered dollar sales by some banks, dealers said. The spot rupee was at 146.75/90 per dollar at 0556 GMT, compared wit

With companies becoming more demanding in today’s complex and challenging world, chartered accountants have the option of adapting to various situations as well as positions to become all-rounders despite hailing from an accounting background,

  Sri Lanka Insurance Motor Plus has stepped forward as the exclusive insurance partner and a sponsor of the high-adrenaline Commando Challenge Supercross motor racing event, which will take place in October. 

MD, pioneers in producing quality food products for Sri Lanka children, joins into celebrate the World Children’s Day. Lanka Canneries Limited, under the brand MD, has won the hearts of the Sri Lankan consumer, whether they be children or adult

The popular band, Marians performed at the Bandaranaike Memorial International Conference Hall (BMICH) recently providing an evening full of acoustic music and dazzling entertainment to a full house. 

The number one group and pure life insurance broker in Sri Lanka, Strategic Insurance Brokers (SIB) took the seventh Congress of the National Forum for Life Insurance Advisors (NAFILIA) to a new level this year, extending the benefits of an internati

In honour of World Children’s Day 2016, Abans has organised a special day filled with fun and exciting activities for the entire family today, at Abans Elite Pelawatte from 10:00  a.m. onwards.

Reuters: Sri Lankan stocks posted a fourth straight session of gains yesterday to end at a near one-month closing high, led by blue chips, while the drop in T-bill yields boosted sentiment.

REUTERS: The Sri Lankan rupee ended weaker yesterday, posting its fourth straight session of 

The Central Bank (CBSL) will not launch an investigation into the controversial primary dealer