Dhammika Fernando was re-elected as the Chairman of the Free Trade Zone Manufacturers Association (FTZMA) at the 43rd Annual General Meeting. Managing Director – Flintec Transducers Pvt Ltd, Tyronne Weckasinghe was elected as the Secretary of the A

The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the Colombo Stock Exchange (CSE) hosted several impactful teacher training programmes for teachers of the established 100 Capital Market Clubs across the country. These

HNB PLC announced the appointment of Damith Pallewatte as Acting CEO, effective from 6th April, subject to approval of his fit & propriety from Central Bank of Sri Lanka. The appointment comes as part of a planned leadership transition first announc

LOLC Holdings PLC announced clinching the ‘People’s Financial Services Brand of the Year’ at the SLIM-Kantar People’s Awards 2024. This achievement marks the seventh consecutive year that LOLC has been recognized as the top choice in the nati

The 11th annual CFA Society Sri Lanka Capital Market Awards will be held on June 18 June, with a key highlight being the Best ESG Reporting Award conferred for the first time in the history of the event. ESG reporting refers to the process of disclo

A delegation from the Singapore Food Agency (SFA), headed by Dr. Abdul Jalil Abdul Karder, Assistant Chief Executive Officer (Operations), along with two other officers from the Joint Operation Division of the SFA visited Sri Lanka from March 25-28.

Sri Lanka’s tourism sector is expecting a multiplier effect across all key source markets following United Kingdom’s recent update on the travel advisory for Sri Lanka, which will immediately result in a significant boost in tourist arrivals in t

Gross official reserve assets of Central Bank reached the highest levels in more than three years in March as authorities managed...

After enduring a series of crises, including the pandemic, Sri Lanka is eagerly anticipating the Avurudu festival ....

Sri Lankans working abroad typically send the highest amount of money back home in March, ahead of the Sinhala and Tamil New...

The International Air Transport Association (IATA) released data for February 2024 global passenger demand, showing....

The Hambantota International Port (HIP) was a primary awardee at the Board of Investment of Sri Lanka (BOI) 45th Anniversary....

Riyadh Air, the Kingdom of Saudi Arabia’s newly established national airline, has reached a significant milestone in its journey....

Certain print media, electronic media and social media, joined by the politicians of Sri Lanka, made a mockery out of a ship...

Sri Lanka’s leading non-banking financial services provider, People’s Leasing & Finance PLC (PLC), recently announced....

With a steadfast dedication to providing chartered accountants with the essential tools required to navigate the dynamic landscape....

Amana Bank announced its strategic partnership with Mireka Homes (Pvt.) Ltd, the developers of Havelock City and fully-owned...

Commercial Bank of Ceylon has opened up a world of new opportunities for Sri Lankan businesses, by becoming the first bank....

Commercial Bank of Ceylon has been voted as the People’s Private Bank of the Year, at SLIM Kantar People’s Awards 2024....

Visa, the global leader in digital payments announced that Visa debit card spends saw a significant increase of over 35 percent....

Fitch Ratings assigned Hatton National Bank PLC’s (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated...

Reflecting what the Sri Lankan tourism trade could deliver in normal times when there are no pandemics or mass scale public protests as in 2022, the industry churned out back-to-back high foreign earnings exceeding US$ 300 million.

The government announced that it has been successful in settling a total of US$ 1909.7 million in foreign debt and interest payments within a time-frame of about 19 months.

Sri Lanka climbed two spots in the latest United Nations Conference on Trade and Development’s (UNCATD) Liner Shipping Connectivity Index (LSCI), becoming the 22nd best connected country in the world.

The tea prices are likely to soften, due to the seasonal demand coming off; however, it is unlikely to hurt the earnings, Capital Trust Research said. While the tea prices have exhibited a notable upward trend, commencing from November 2023, the tren

BBC: Samsung Electronics says it expects its profits for the first three months of 2024 to jump by more than tenfold compared to a year earlier. It comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intellige

The International Monetary Fund (IMF) this week said there is a “strong expectation” that the agreements with the commercial creditors, consistent with the programme parameters, would be reached by the completion of the second review. IMF spokesp

In an effort to further enhance the gem and jewellery industry’s contribution to the national economy, President Ranil Wickremesinghe has instructed the officials to compile a report by the end of April. The report will outline the potential solut

BBC: Boeing has paid US $ 160 million (£126 million) to Alaska Air to make up for losses the airline has suffered following a dramatic mid-air blowout in January. Alaska said the money would address profits lost in the first three months of the year

Seylan Bank has agreed to accept the revised settlement offer made by Asia Capital recently, to halt parate executions on Wadduwa Resorts, Beach Resorts Kosgoda and Galle Beach, according to Asia Capital Managing Director Raju Radha. A sum of US $ 1.