InterGlobe Freight solutions (Pvt.) Ltd, a leading freight and logistics company, at the recently concluded SLIM SME Development Awards, which was held on August 14, 2023, won the Silver award in the service....

The Ceylon Chamber of Commerce and McLarens Maritime Academy (MMA) recently announced the extension of their memorandum of understanding (MOU), which aims to provide comprehensive....

‘Restart Sri Lanka’, a three-day virtual conference powered by CAL, will take place from September 5-7, 2023, to engage participants in an open dialogue on unlocking investment opportunities....

The Sri Lanka and Australia Chamber of Commerce is set to unveil an unprecedented initiative that promises to further strengthen the long-standing friendship between Sri Lanka and Australia. Accordingly....

A significant stride towards revitalising Sri Lanka’s gem and jewellery industry was taken as the Sri Lanka Gem and Jewellery Association (SLGJA) and Faculty of Engineering at the University of Sri Jayewardenepura....

The Securities and Exchange Commission of Sri Lanka (SEC) and Colombo Stock Exchange (CSE) successfully conducted another investor forum in Negombo, at Jetwing Blue, on August 12, 2023. The forum....

SMEs have been an indomitable cornerstone of our nation’s economy. They make up 75% of all enterprises in Sri Lanka, in addition to generating 20% of all exports, 45% of employment and 52%....

Former Central Bank Governor and senior economist Dr. Indrajith Coomaraswamy sounded upbeat on the prospects of Sri Lanka satisfying the International Monetary Fund (IMF) in the upcoming review this month as it has exceeded expectations in certain as

The Monetary Board has decided to cancel the licence issued to Bimputh Finance PLC (BFP), under the Finance Business Act (FBA) to carry on finance business, with effect from September 1, 2023. Accordingly, BFP is not allowed to engage in finance bus

The Planters’ Association of Ceylon (PA) commended the government and trade union representatives for voicing preliminary support for long-overdue reforms to the archaic colonial-era daily attendance-based model in favour of a productivity-boosting

Educate Sri Lanka Expo 2023, which aimed at showcasing education opportunities for the children in the country and overseas, kicked off at the BMICH yesterday. The event brought students across all ages onto a single platform, providing firsthand in

Sail Lanka Charter has reached a historic milestone by introducing female crew members to serve on their fleet of catamarans, a first in Sri Lanka’s marine tourism landscape. The move signifies a major step towards promoting gender equality, empow

BMICH Director General Sunil Dissanayake retired from the services of the organisation on July 31, reaching retirement age. He was appointed as Director General in May 2015 and helped the BMICH reach great heights in management and operations. The or

Global Times: An executive at China Merchants Port Holdings (CMPort) told the Global Times on Wednesday that the company is optimistic about the new port complex project at Sri Lanka’s Colombo Port. Construction of the logistics hub, which will hav

The terms of trade deteriorated by 0.4 percent in July 2023, compared to July 2022, as the decline in the prices of exports surpassed the decline in the prices of imports. Meanwhile, the workers’ remittances increased notably to US $ 541 million i

Debt and lack of education and ability to adapt to disasters are factors that make most people feel vulnerable, says a new report released by the United Nations Development Programme (UNDP) and University of Oxford’s Poverty and Human Development I

The Monetary Board of the Central Banetary Board has decided to cancel the licence issued to Bimputh Finance PLC (BFP)under the Finance Business Act to carry on finance business, with effect from September 1, 2023.

As Sri Lanka strives to get its ducks in a row to meet the targets set by the International Monetary Fund (IMF) for the upcoming review in September, sovereign debt restructuring veteran Lee. C. Buchheit said the authorities could consider debt for n

Construction work to begin before end of this year

Sri Lanka has launched a ‘Capital Market Club’ programme at the school level to enhance financial literacy among the country’s students. Preside

Sinopec Lanka, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), has officially commenced business operati

AFP: India’s Adani Group hit back yesterday at a new report investigating alleged manipulation of the conglomerate’s share prices, accusing its authors of conspiring to drive down its stocks for profit. The globe-spanning ports-to-power conglomer

AFP: China’s Baidu has rolled out its ChatGPT rival ERNIE Bot to the public, in a major leap for the country’s tech sector as it aims to cash in on the artificial intelligence gold rush. The Chinese g

Inflation in Colombo has continued its decline through August compared to the previous year, providing much-needed relief to both individuals and businesses. However, the persistent high cost of living is still straining household budgets, as incomes

While Sri Lanka’s construction sector experienced a contraction in activities during July, the industry maintains a positive outlo

Sri Lanka tourism reached a new milestone on Wednesday with over 900,000 international visitors having visited the island nation.

Amidst the ongoing economic difficulties in Europe, JFS Holdings Ltd said it has achieved a remarkable feat by recording its highest ever net US dollar income for the fiscal year 2022/23. Despite the recessio

SLT-MOBITEL, the national ICT solutions provider, has secured five top honours at National Project Management Excellence (N

Two-week pilot programme supports university students with disabilities to gain corporate experience

Informatics International Limited (IIL), a leader in IT software, infrastructure solutions and services, recently announced the res