AFP: The three children of Asia’s richest man Mukesh Ambani will become directors of the board of his Indian oil-to-technology conglomerate Reliance, the company said yesterday. Isha Ambani, Akash Ambani and Anant Ambani are already “leading and

Trade unions and a group of civil society activists yesterday staged a demonstration in Colombo against the government’s Domestic Debt Optimisation plan and its potential adverse effects on the workers’ funds at the Employees’ Provident Fund (E

Global digital payments leader Visa plans to launch its Visa Government Solutions (VGS) in Sri Lanka, to help improve the nation’s payment infrastructure. The VGS is expected to bring technologies to Sri Lanka, which will focus on transparency and

The Central Bank last week dismissed the claims that the seemingly stable economic situation currently being experienced after last year’s crisis would be disrupted when the country starts repaying its loans to foreign creditors, following the debt

The National Cricket Team of Bangladesh, popularly known as The Tigers, became the latest international cricket stars to fly SriLankan Airlines.

Sri Lanka has replaced the 20-year-old air operation communication system at the Bandaranaike International Airport (BIA) in Katunayake....

The Sri Lanka Gem and Jewellery Association recently presented its ‘Sri Lanka Gemstone Hub Strategy Sapphire Capital of the World’ proposal to the state.

In line with the government’s ambitious target of achieving 70 percent of total electricity demand from renewable sources by 2030....

Despite delays pertaining to the debt restructuring exercise, the Central Bank Governor Dr. Nanadalal Weerasinghe remains....

Chinese refining giant Sinopec Corp reported yesterday a 20.1 percent fall in interim net profit for the first half of the year...

The Welfare Benefits Board has announced that payments through the Aswesuma Welfare Benefit Programme will be made starting....

Heineken Lanka Limited has announced the appointment of Chaminda Rajapakshe as its Director Sales and Trade Marketing. He joins the management....

Uber has introduced a dedicated pick-up point for riders at Colombo’s Bandaranaike International Airport (BIA). The move aims...

Laugfs Gas PLC has announced the appointment of Nalinda Kurukulasooriya as Chief Executive Officer of the company, with effect....

The Lakshman Kadirgamar Institute, Sri Lanka’s leading think tank on formulating foreign policy, appoints Talal Rafi to its board. Rafi is an Economist....

Sarrah Sammoon, a pioneer and prominent figure in Sri Lanka’s global mobility industry, has taken on roles in two major international committees....

Commercial Bank of Ceylon has been ranked as one of the 10 Most Admired Companies in Sri Lanka by the International Chamber of Commerce.....

AIA Insurance marked a momentous celebration by honouring its top-performing wealth planners at the AIA Sales Convention held recently....

Allianz Lanka, one of Sri Lanka’s leading insurers, proudly celebrated and honoured its top-performing retail sales staff at an exclusive ....

DFCC Bank, a pioneer of sustainable finance in Sri Lanka, has taken another significant step towards supporting environmental protection....

People’s Bank recently hosted cocktails for leading traders of Pettah Bazzar, who are engaged in essential food commodities imports....

With the increase of financial scams in recent years, creating awareness on scam typologies and understanding ways in which fraudsters operate....

In a bid to quicken the decline in lending rates in the economy in line with the recent policy rate cuts, the Central Bank has directed banks to cut rupee loan rates by 250 basis points by October-end and by a further 100 basis points by December-end

SDB bank, a unique bank with a clear vision to bolster the local economy by providing customised banking solutions to SMEs...

Parliamentary approval was recently granted to a comprehensive incentives programme proposed by the Colombo Port City Economic Commission in consultation with the Minister of Investment Promotion.

In an effort to alleviate the current severe congestion at Katunayake Bandaranaike International Airport (BIA), which is experiencing nearly 25,000 passenger arrivals and departures a day, Airport and Aviation Services (Sri Lanka) (Private) Limited h

Sri Lanka has a clear opportunity to deploy offshore wind generation, the World Bank (WB) said; however, there are important technical and economic challenges and risks that can make the opportunity less attractive to investors and project developers

The Colombo Tea Auction saw the offerings decline further this week, with the quantities totalling 5.4 million kilogrammes.

Emirates, the world’s largest international airline, marks one of its busiest summers ever, carrying over 14 million passengers with average seat load factors exceeding 80 percent across its global network between June

‘Complast’, an exhibition on plastics, rubber, recycling, packaging, machinery and technology, kicked off at the BMICH yesterday.