Sri Lanka’s Export Development Board (EDB) completed a comprehensive six-week export coaching programme aimed at assisting the small and medium-sized enterprises (SMEs) with an export potential. The SMEs, regi

In a pioneering breakthrough, 1990 Suwa Seriya, Sri Lanka’s national pre-hospital emergency ambulance service, is ushering in a new era in emergency healthcare through its innovative connected ambulance. Powered by state

The benchmark one-year bill reversed course and added back 10 basis points at the weekly primary bill auction held on Wednes

BBC: Chancellor Jeremy Hunt was in Switzerland yesterday to sign a deal that makes it easier for UK and Swiss financial firms

Reuters: The International Monetary Fund’s board on Wednesday approved an immediate US$ 187 million loan payout to Zambia and said the country was revising a restructuring proposal for US$ 3 billion of bonds that official creditors had rejected las

Ceylon Tea exports in November expanded by 11 percent Year-on-Year (YoY), totalling 21.46 Mnkgs. Provisional data fro

Sri Lanka’s listed company earnings appeared to have ended its year-long contraction three months ago, as the earnings slump seen in back-to-back quarters eased sharply in the September quarter which ended up slipping only 3.8 percent from t

Sri Lanka’s gross official foreign reserves are expected to exceed US$ 4 billion by the end of this year, the President’s Media Division (PMD) said on Wednesday, citing Finance Ministry information. Sri Lanka received US$ 337 million from the Int

In the realm of international cooperation, Sri Lanka stands at a crossroads, seeking transformative partnerships to propel its trajectory towards energy sustainability. The September meeting between President Ranil Wickremesinghe and a World Bank del

The Tea Exporters Association (TEA) yesterday expressed grave concern over the introduction of the 18 percent Value Added Tax (VAT) on the industry and the practical issues it is bound to create, unless a mechanism is put in place to ensure the seaml

The Cabinet of Ministers this week approved a resolution furnished by President Ranil Wickremesinghe, who also serves as the Technology Minister, to instruct the Legal Draftsman to prepare a draft bill to amend Information and Communication Technolog

With an aim to encourage interest in and advancement of computer science education among Sri Lankan students and educators, SLT-Mobitel partnered with the STEMUP Educational Foundation to host the ‘Day of Code 2023’, for the second consecutive ye

Technocity Private Limited, in partnership with Lenovo, hosted a momentous event Lenovo Innovate ‘23, at the Kingsbury Hotel in Colombo. The event, held on December 6th, brought together over 150 partners from various parts of Sri Lanka to witness

Virtusa, a global provider of digital strategy, digital engineering, and IT services and solutions, successfully concluded the Code to Cloud: DevOps with AWS training programme, followed by an ambitious 98-minuteAWS Rush Hour hackathon challenge in p

The recent SLASSCOM BPM Summit shed light on the rapid growth and significance of Sri Lanka’s IT/BPM sector and provided a crucial platform for industry leaders, experts, and stakeholders to engage in discussions about the future trajectory of the

Hutch continues to shine in the digital realm, earning accolades at SLIM Digis 2.3. The company received a Bronze Award for Creator/Influencer Digital Marketing, highlighting its innovative approach in the digital landscape. Additionally, Hutch sec

Gnext Store, an Apple Authorized Reseller and an official reseller of Xiaomi and Dyson in Sri Lanka, announced the grand opening of its latest store located at the World Trade Centre in Colombo 01, effective from the 18th of December. Designed to int

DIMO Coastline Pvt Ltd, a joint venture between DIMO and Coastline Investments in the Maldives, has been honoured with the title of ‘Best Support Services in the Maritime Industry’ at the recently concluded 7th Edition of the South Asian Business

Marking 25 years of unparalleled commitment to excellence in Sri Lanka, Variosystems announced the inauguration of its third state-of-the-art production facility in Badalgama. This milestone underscores the company’s unwavering dedication to inno

The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framewor

Ackzorne Lanka Private Limited, a subsidiary of Orzone Mineral Water Exports Private Limited, established with the Board of Investment (BOI) approval, recently commenced the export of polyethylene terephthalate (PET) plastic bottles, and 40-Feet-High

Being one of the pioneering awards competitions initiated as way back as 2004, by the National Chamber of Commerce of Sri Lanka (NCCSL), the NBEA has maintained its highest standards and gained much recognition and prestige amongst the business commu

Sri Lanka’s industrial production was seen getting a slight lift in October from a month ago levels, indicating signs of recovery. The Index of Industrial Production (IIP), which measures the country’s manufacturing heft, recorded 86.9 index poin

The Colombo Stock Exchange (CSE), along with the Securities and Exchange Commission of Sri Lanka (SEC), has revised the Corporate Governance Rules for the Listed Entities after 16 years. These revised rules are applicable to companies listed on the

The benchmark one-year bill reversed course and added back 10 basis points at the weekly primary bill auction held yesterday. The one-year bill settled at 12.93 percent yesterday, giving up the decline in the yields, which occurred in the last few au

The World Bank yesterday released the second tranche of the US $ 500 million Sri Lanka Resilience, Stability and Economic Turnaround (RESET) Development Policy Operation (DPO), considering the continued satisfactory progress made by the government wi

DFCC Bank yesterday disclosed plans to raise Rs.8 billion through a listed debenture issue. The bank yesterday said it received in-principle approval from the Colombo Stock Exchange (CSE) to list the debt instruments on the CSE. The bank plans to iss

Sri Lanka’s real estate activities, including home ownership, continued to decline through the first nine months, extending the prolonged decline seen from last year. This reflects the lingering challenges faced by those who aspire to buy a home or

Sri Lanka’s gross official foreign reserves are expected to exceed US $ 4 billion by the end of this year, the President’s Media Division (PMD) yesterday said, citing information from the Finance Ministry. Sri Lanka received US $ 337 million from

Elephant House dazzled once again as a brand powerhouse by securing 3 prestigious awards at the SLIM Brand Excellence Awards 2023. Hosted by the Sri Lanka Institute of Marketing, Brand Excellence is the most prestigious recognition for brands in Sri