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...

A Turkish cryptocurrency boss and his two siblings have been jailed for 11,196 years each for defrauding investors of millions of dollars. Faruk Fatih Ozer, 29, fled to Albania....

The Securities and Exchange Commission of Sri Lanka has announced revisions to Corporate Governance Rules applicable to entities listed on the Colombo Stock Exchange with effect from 1st October...

Credit to the private sector by commercial banks continued to recover in July but at a significantly slower pace compared to the previous month when credit started rebounding after over a year of what was....

The Transportation Sector of John Keells Group (JKH) partnered the University of Moratuwa for the 15th consecutive year on its strategic collaboration with the Department of Transport Management &...

Expolanka Freight (EFL), a global leader in integrated logistics and supply chain solutions, has once again proven its commitment to excellence by securing two prestigious accolades at the National Business...

For the first time, the Singapore Airlines Colombo Airport Team won the ‘Soaring Team’ award by the Singapore Airlines HQ that was recently held at Shangri-La in Singapore. The award was presented...

People’s Bank announced the launch of its innovative People’s Mobile Point of Sale (People’s mPOS) solution, empowering small and micro-level businesses to accept card payments....

Internova Travel Group, one of the largest travel services companies in the world, continues to strengthen its global presence in the corporate travel arena. Classic Destinations...

The 2022 Annual Report of the Commercial Bank of Ceylon has won five awards at the 2023 MerComm ARC Awards, the world’s largest annual report competition, widely considered the “Academy Awards...

Ceylinco General Insurance announced the signing of an exclusive partnership with Fagxa, a renowned technology provider. This collaboration will offer the insuring public a comprehensive range....

Allianz Lanka, one of Sri Lanka’s leading insurers and a member of the global Allianz SE Group, recently relocated its state-of-the-art Customer Care Center, from Borella to Union Place. The move marks....

LOLC Finance PLC has demonstrated exceptional resilience and remarkable growth, a true testament to their resolute dedication and innovative strategies. Positioning impressively....

A celebration of the remarkable accomplishments within its Partnership Channel, which includes partner banks, financial institutions and brokers was recently hosted by HNB Assurance at the Water’s Edge....

DFCC Bank has achieved yet another remarkable milestone, having been selected as one of the ‘Top 5 Honourable Mentions’ at the esteemed CIMA-ICCSL-Daily FT ‘Most Admired Companies of Sri Lanka....

Sri Lanka will be able to have a more predictable environment for economic and social development going forward, with the government yesterday setting in motion the much-awaited national evaluation policy framework.

AyurEx Colombo 2023, the international conference on traditional medicine, educational exhibition and trade fair, kicked off yesterday at the BMICH. The event serves as a platform dedicated to showcasing the rich heritage and holistic principles of t

JAT Holdings PLC, Sri Lanka’s market leader in wood coatings and brushes, recently achieved a significant milestone, with the official groundbreaking ceremony of its state-of-the-art binder plant, in Horana.

Sri Lanka’s official foreign reserve assets saw a decline of 4.4 percent from the end of July to US $ 3,598 million by the conclusion of August.

Sri Lanka and Israel have kicked off efforts to explore trade expansions with the Israel-Asia Chamber of Commerce and Israel-Sri Lanka Chamber of Commerce engaging in discussions with the Export Development Board (EDB).

Spice Council of Sri Lanka Emeritus and Founding Chairman Sarada De Silva, on invitation, will be addressing the World Spice Congress (WSC) on ‘Ceylon Spices’.

Senior Advisor to President Ranil Wickremesinghe on Climate Change Ruwan Wijewardene, who is attending the Climate Summit in Kenya on behalf of the president, along with High Commissioner in Kenya Kana Kananathan, took time on the sidelines of the ev

The offerings at the Colombo Tea Auction were maintained around 5.0 million kilogrammes.

Resplendent Ceylon’s first property, Ceylon Tea Trails, was featured in the globally recognised BBC series ‘BBC Amazing Hotels: Life Beyond the Lobby’, in a one-hour programme at prime time.

Sri Lanka bringing down its inflation from a record-high to a single-digit within a span of just 10 months is a success story the island nation can flaunt once it pulls itself fully out of the crisis, said the chief of the South East Asian Central Ba

Sri Lanka Bureau of Foreign Employment (SLBFE) has facilitated the migration of 4,556 Sri Lankans to South Korea for employment during the first 8 months of this year, according to Minister of Labour and Foreign Employment, Manusha Nanayakkara. This

The remarkable success of Biyagama Free Trade Zone will serve as a blueprint for Sri Lanka’s planned industrialisation process in the next 15-20 years, President Ranil Wickremesinghe said. Speaking at an even

Sri Lanka welcomed a total of 22,896 tourists for the first six days of September, fulfilling 19 percent of the target set for the month. Sri Lanka aims to draw at least 120,201 international visitors for the month of September.

Ceyline Investments Ltd. has increased its ownership in Dankotuwa Porcelain PLC to 68.19 percent through the mandatory offer, which concluded on Tuesday. The offer, pric

AFP: Indian Prime Minister Narendra Modi said yesterday that leaders of the G20 summit he is chairing this weekend must support developing nations to tackle climate change with more cash and by sharing technology. Against a backdro