The AMDT School of Creativity recently had the privilege of hosting key officials from Falmouth University, with which it is affiliated, offering globally recognised Falmouth University BA (Hons) Degrees in Sri Lanka. Falmouth University

The Committee on Public Finance (COPF) slammed the Ministry of Finance and the Inland Revenue Department for failure to collect foregone taxes from major corporations connected to the sugar scam as outlined in the forensic report by the

Elevating Sri Lanka’s entertainment landscape, Dialog Television, Sri Lanka’s #1 Pay-TV service provider, launched the popular HITS NOW channel in High Definition (HD) on Channel 113 for its customers, bringing quality curated

Despite the recent immigration policy changes and new strategies introduced by Australia and the United Kingdom for students aspiring to pursue higher education, the International Centre for Foreign Studies (ICFS) said that many other destinati

In an exciting partnership, Great Place to Work and Mastercard are set to host ‘Mastering Greatness – Brains & Brawn’, designed by G360 and Cherish, which is an exhilarating Amazing Race-type team event that promises to engage bot

First Capital Holdings PLC, the pioneering investment institution, has secured a prestigious accolade at TAGS Awards 2023, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for the 58th consecutive year

Maris Stella College Negombo Old Boys Association (OBA) proudly announces the launch of the much-anticipated Edura Global Education Fest 2024, featuring an education exhibition, job fair and book fair. Under the them

LB Finance PLC reported higher revenues and profits in the three months to December 2023 despite higher provisions made against possible bad loans, operating expenses and taxes as the company gave fresh loans during the p

The Central Bank offered Rs.95 billion in Treasury bills (T-bills) at this week’s auction across the three maturities, where it managed to raise the entire amount. Majority of the bills were accepted from the three-month and six-month T-bills; howe

Lanka IOC PLC, Sri Lanka’s second largest fuel importer and distributor, reported both lower revenues and profits in the three months through December 2023, as prices at the pump came off their 2022 highs under the monthly pricing formula,

Ceyline Holdings (Pvt) Ltd. (CHL) recently announced the appointment of Admiral Piyal De Silva (Retd) as Deputy Chairman of the group and Nathasha Egodage as Group Director, further strengthening its Board’s capabilities to make strategic internati

As part of a slew of policy reforms that are in the pipeline to improve both the resilience and corporate governance of the banks in the near and medium term, the existing Banking Act, which is currently being amended, could see its passage through P

The Ceylon Tea cuppa is expected to face short-term constraints as it steers through 2024 but the regulatory initiatives and global trends are expected to shape the industry’s outlook, the tea brokers said. The enforcement of the B60 programme, wh

Sri Lanka tea production for December 2023 totalled 19.81 million kilogrammes, showing a marginal increase of 0.5 percent year-on-year (YoY). In the corresponding month in 2022, the crop output totalled 19.71 million kilogrammes.

The tea exports for December 2023 totalled 20.75 million kilogrammes, recording a 7.5 percent increase year-on-year (YoY). Packeted tea together with tea bags and green tea has seen an improvement against the corresponding month of 2022, whilst tea

Corresponding with the ongoing World Economic Forum in Davos, Switzerland, President Ranil Wickremesinghe engaged in discussions with International Monetary Fund Managing Director Kristalina Georgieva and Deputy Managing Director Gita Gopinath. Seni

Lanka IOC PLC, Sri Lanka’s second largest fuel importer and distributor, reported both lower revenues and profits in the three months through December 2023, as the prices at the pump came off their 2022 highs under the monthly pricing formula, amid

The Central Bank offered Rs.95 billion in Treasury bills (T-bills) at this week’s auction across the three maturities, where it managed to raise the entire amount. Majority of the bills were accepted from the three-month and six-month T-bills; howe

The Sri Lanka Tourism Development Authority (SLTDA) plans to produce more accurate and internationally comparable tourism earning figures from mid-2024 onwards, as it moves into the Tourism Satellite Account (TSA). “The Tourism Satellite Project wa

Lanka Special Steels Limited (LSSL) stood out at the National Convention on Quality and Productivity (NCQP) Awards 2023 for its exceptional achievement. The event, hosted by the Sri Lanka Association for the Advancement of Quality and Productivity (S

In a strategic move to expand its product range, St. Anthony’s Hardware (Pvt) Ltd is set to introduce the Hydromax water pump. This new addition aims to address the existing gap in the market for affordable, high-quality and reliable water pumps. A

In 2024, we find ourselves at the dawn of a new year, with a unique opportunity to celebrate and reinvigorate our local industries, elevating our global presence. However, beneath the surface, a troubling imbalance threatens our local manufacturing s

The Sri Lankan construction industry is facing the toughest periods in its history due to the negative effects of the economic downturn. The sharp reduction of construction activities since the start of 2023 has pushed the industry into near collapse

Tourist arrivals to Sri Lanka crossed the 100,000 milestone within the first 15 days in January, signaling a remarkable spike in global interest in the island nation.

Sri Lanka’s renewable energy sector came under international spotlight this week with President Ranil Wickremesinghe calling on investors to take part in the island nation’s sustainability agenda.

Joni Simpson assumed duties as the Director for the International Labour Organization Country Office for Sri Lanka and the Maldives...

The Purchasing Managers’ Index for December showed that both manufacturing and services activities in the economy had continued....

As the fourth quarter earnings season is about to kick off in earnest, investors and analysts expect listed company profits to have....

The Central Bank closed 2023 turning into an outsize net purchaser of foreign exchange from the domestic foreign exchange...

In the midst of nationwide discussions on the Value Added Tax (VAT), there’s a whirlwind of confusion stirred by political...