PMF Finance opened its newest branch in Narahenpita recently. With this new addition to the branch network, the company strengthens....

Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC proudly announced the launch of its latest branch...

NDB Bank has been honourably mentioned at the Sri Lanka’s Most Admired Companies 2022 awards for upholding sound governance....

LB Finance celebrates a remarkable achievement, securing a prestigious Merit award in the Corporate Website Category at BestWeb...

In a bid to encourage assembly of electric and hybrid vehicles in the country leading to possible future exports, the Cabinet greenlight ....

Amidst strong opposition from exporters and the country’s business chambers, the government has decided to postpone the earlier decision to abolish the Simplified Value-Added Tariff (SVAT) system until April 1, 2025.

In line with Sri Lanka’s aspirations to position itself as a hub for gemstones, California-based globally renowned global gemological....

Australia-based United Solar Group has proposed to invest a whopping US$ 1.73 billion to construct a 700 MW solar power plant with a battery ....

The need for urgent reforms in Sri Lanka’s healthcare sector came under the spotlight with the Ministry of Health with the Ceylon Chamber....

The ASPI closed in red as a result of price losses in counters such as Cargills, Richard Pieris & Company and Melstacorp with the turnover....

In The State of Fashion Report 2023, global consulting company McKinsey estimates that the fashion industry will grow at two speeds: between 5....

Laugfs Gas PLC, a leading energy solutions provider and Lanka IOC, a prominent petroleum company, have forged a strategic....

Applications for Chevening scholarships to study in the UK are open between September 12 and November 07, 2023. Applications....

In an effort to not fall back to a situation similar to that faced in 2022, when the economic crisis reached its peak, Sri Lanka must look at ways to embrace sustainable value creation by better managing costs and expenditure in government agencies,

Registrations open till Sept. 22 ; Event from Oct. 25 to 29 in Ras Al Khaimah The first ever mega Business & Trade Forum is to be held in UAE, and the Sri Lanka - RAK Business Forum & Trade Fair is to bring together over 25,000 of visitors per day co

The Colombo Stock Exchange (CSE) has announced the introduction of two significant initiatives shortly, Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL), which are aimed at enhancing trading opportunities and flexibility for in

“I can speak the language and based on my previous experiences, I believe I can handle the work once I remigrate, and I don’t need further training,” says Herath Manike from Maho in Kurunegala. She has previously migrated to Kuwait and Jordan a

The Environment Ministry yesterday called for public comments on the National Policy on Climate Change (NPCC) 2023. The call for public comments is made to gather new insights to update the NCCP that was published in 2012. In a notice published, th

BBC: German car giant BMW has announced plans to invest hundreds of millions of pounds to prepare its Mini factory near Oxford to build a new generation of electric cars. Production of two new electric Mini models is due to begin at the plant in Cowl

The Sri Lanka Tourism Promotions Bureau (SLTPB) welcomed the very first set of top production houses of Bollywood over a six-day visit to explore film shooting locations. The visiting producers, including makers of Padmaavat, Bajirao Mastani, Gully B

CNN: US President Joe Biden, along with leaders of India, Saudi Arabia and the United Arab Emirates, announced on Saturday the launch of a new trade route connecting India to the Middle East and Europe through railways and ports. The White House said

This is why our user-friendly and intuitive online banking platforms and mobile apps enjoy such a high level of popularity among the users,” said People’s Bank Chairman Sujeewa Rajapakse. The bank’s online and mobile banking solutions cater to

As Sri Lanka grapples with its economic crisis and debt issues, the investor who has secured a contract from the Central Bank to recycle shredded currency notes has proposed an alternative that he claims is significantly more effective and profitable

The Central Bank chief yesterday slammed the misleading views repeatedly shared by different sections of the economy on the Domestic Debt Optimisation (DDO), doing more harm than good for the country. Central Bank Governor Dr. Nandalal Weerasinghe di

The Japan International Cooperation Agency (JICA) will provide technical cooperation in the county reforms in the power sector by extending funding to the assignment of the senior lead advisor. The Cabinet appointed a senior lead advisor as the head

The Ceylon Chamber of Commerce is urging the government to reconsider its recent decision to abolish the Simplified Value Added Tax (SVAT) system given the impact it will have on the functioning of the export industry.

Sri Lanka has observed 74 percent increase in workers’ remittances during the first eight months of 2023, reaching nearly US$ 4 billion, compared to the corresponding period of the previous

As Sri Lanka appears to be gearing up for elections in the coming year, strong efforts must be made to stay within the path charted for reforms, or else the country would once again face dire...

In a recent appearance on the ‘1O1 Katha’ programme produced by the Presidential Media Division, the Chief Executive Officer of the Colombo Stock Exchange, Rajiva Bandaranaike, lauded President....

It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina Georgieva, said yesterday, while urging members of the G20 bloc to deliver on a promise...