Amid the current human capital shortage, in particular the science, technology, engineering and mathematics (STEM) graduates increasingly looking to migrate, the government said it has plans to establish a number of new universities and vocational tr

Edu Expo 2023, an education and career fair, kicked off at the BMICH, Colombo, yesterday, showcasing to students the opportunities to obtain international qualifications in Sri Lanka and overseas.

Fitch Ratings has assigned BBB+(EXP)(lka) for the upcoming Basel III-compliant subordinated debentures of Commercial Bank of Ceylon PLC up to Rs.12 billion and placed it on Rating Watch Negative (RWN).

BBC: India’s Tata Group has unveiled a new logo, branding and livery for Air India as part of a multi-million-dollar transformation of the former national carrier.

The Embassy of Sri Lanka in Moscow has initiated direct employment opportunities for Sri Lankan skilled migrant workers in the Russian Federation, in collaboration with the Sri Lanka Foreign Employment Agency (SLFEA), a fully-owned state organisation

Following improved activity from the shippers to Iran following the ‘Tea for Oil’ agreement, this week’s Colombo Tea Auction saw increased demand for the better teas in the High and Mid Grown sector and Low Grown Small

The ‘Invest Sri Lanka’ Investor Forum, which was organised by the Colombo Stock Exchange (CSE) in association with the Confederation of the Indian Industry (CII), was concluded succes

Dialog Axiata PLC, the country’s leader in mobile telephony communications, saw improved performance for the period ended June 20, 2023 (2Q23) amid better top line performance and sharp exchange gains. The group reported

Monopoly cigarette player, Ceylon Tobacco Company PLC (CTC) yesterday said cigarette sales came down in the three-month period to June 30, 2023 (2Q23) when compared with the same period, last year, “due to the tax-led price increases in line with t

Agarapatana Plantations Initial Public Offering (IPO), which opened yesterday, was oversubscribed.

A delegation of 12 prominent Indian investors, with a keen interest in initiating multiple projects within Sri Lanka’s shipping and

As the country attempts to limp back to normalcy from the worst ever economic crisis, the Institute of Chartered Accountants

CPA Australia CEO Andrew Hunter, during his recent visit to Sri Lanka, visited CMA Sri Lanka head office and signed th

The session on bilateral trade and investment between Sri Lanka and South Africa, organised by the National Chamber, was successfully concluded recently at the National Chamber auditorium, with a large gathering of business community and government o

The Securities and Exchange Commission of Sri Lanka (SEC) and CFA Society Sri Lanka yesterday announced the successful renewal of their memorandum of understanding (MoU), signifying a strengthened commitment to fostering the development of the capita

The Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce elected Shiluka Goonewardene, Head of Deal Advisory at KPMG, as President of the council at the 26th Annual General Meeting conducted recently.

Prime Land Residencies, the trailblazing leading real estate developer, has once again proven its exceptional standing in the industry by securing a coveted position among Sri Lanka’s Most Valuable Consumer Brands for 2023, based on the annual revi

Monarch Regency (Pvt.) Ltd, the real estate development arm of Monarch Imperial (Pvt.) Ltd, recently announced the la

Home Lands Skyline, the revolutionary leader of the Sri Lankan real estate arena, recently broke ground for one of the most awaited projects in the island, Greendale Retirement Resort & Residencies. Being Sri Lanka

DIMO, a leading diversified conglomerate in Sri Lanka, elevated the country’s residential landscape with Enta Villa, the revolutiona

Tokyo Cement Group reinforced the long-standing partnership with the Society of Structural Engineers Sri Lanka (SSESL) for 2023, with the sole sponsorship of the Question Time Programme for the month of May. At the forum, Eng. Pr

Alumex PLC, the leading aluminium manufacturer in Sri Lanka, announced the conclusion of a successful programme

The ninth Annual General Meeting of the Condominium Developers Association of Sri Lanka (CDASL) was held recently at the Ceylon Chamber of Commerce. The event witnessed the appointment of CDASL Chairman for the year 2023-2024, Pinsiri Fernando, with

Nestlé Lanka PLC on Wednesday said it received the approval of the Securities and Exchange Commission (SEC) to delist its shares from the official list of the Colombo Stock Exchange. The SEC

Fabric maker Teejay Lanka PLC reported losses for the quarter ended June 30, 2023 (1Q23) amid a considerable decline in the

Seylan Bank PLC reported improved financial performance for the quarter ended June 30, 2023 (2Q23) amid a sharp drop in impairment provisions, the interim financial accounts released to the Colombo Stock Exchange showed.

Sujeewa Peiris, Director/CEO at Bartleet Religare Securities (Pvt) Ltd, has been elected to the Colombo Stock Exchange (CSE) board with effect from August 9, 2023. Peiris joined Bartleet Group in 1990 and has played a pivotal role in the growth and

Four subsidiaries of Singapore-based Goodhope Asia Holdings Ltd, the holding company of Carson Cumberbatch PLC, has received the approval from the Securities and Exchange Commission (SEC) to delist their shares from the official list of t

Sri Lanka’s hotel sector will no longer be able to slash prices as they see fit to lure foreign tourists because the hotly contested Minimum Room Rate (MRR) will come into effect from October 1, 2023.

n a splendid celebration under the exalted theme ‘League of Legacy’, Union Assurance hosted its Annual Awards 2022 for the Agency Distribution Channel, to honor the outstanding achievers. The memorable event unfolded at the Monarch Imperial on J