BBC: Italy made an “improvised and atrocious” decision in joining China’s Belt and Road (BRI) initiative, Defence Minister Guido Crosetto has said. Crosetto claimed the initiative had done little to boost Italy’s exports, making China the onl

On the occasion of the visit by Japan Foreign Minister Hayashi Yoshimasa to Sri Lanka, Ambassador Mizukoshi Hideaki and Treasury Secretary Mahinda Siriwardana recently signed the Exchange of Notes for Human Resource Development Scholarship (JDS) proj

According to a newly released report on the construction PMI survey, Sri Lanka’s construction industry remained contracted in June 2023 amid the lack of new projects, recording a total activity index value of 44.4.

Inflation in the Colombo district retreated to what once appeared to be an elusive mid-single digit level in July, as food prices declined from a year ago, while the non-food prices eased to just above 10 percent, ending nearly two-year long price sp

In an effort to get the private sector to implement an effective plastic waste management system, a ‘Collect Back’ model was rolled out as a pilot by the Ceylon Chamber of Commerce (CCC), in collaboration with the Ministry of Environment to addre

The headline inflation in Colombo district as measured by the Colombo Consumer Price Index (CCPI) reached single-digit levels to 6.3 percent in July, easing from 12 percent in June.

Provisional data from the Sri Lanka Tourism Development Authority (SLTDA) reveals that tourist arrivals in the first seven months of 2023 have already exceeded the total tourist arrivals recorded for the entire year of 2022.

On May 18th 2023, Hayleys Solar, the renewable energy arm of Hayleys Fentons, partnered with Watchtower Sri Lanka to construct....

Daraz, South Asia’s leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka, Nepal and Myanmar, announced the latest....

Brands Finance, the brand valuation consultancy, in collaboration with LMD, released the annual Consumer Brands ranking...

Colombo Dockyard PLC made history on July 28, by delivering the first-ever cable laying and repair vessel (CLRV) to the European market....

Miss World Tourism and the candidates visited Lakarcade Gift & Souvenir shopping mall yesterday. The visit holds immense importance for Sri Lanka’s ...

Sri Lanka on Saturday invited Japan to resume investment in projects including power, roads and ports as the Japanese foreign minister...

Nestlé Lanka PLC reported marginal growth in revenues in the three months ended June 2023, and the gross margins took a dent...

Amid a slowdown in global trade and the easing of pandemic-related disruptions, Expolanka Holdings PLC is shifting its focus inward....

The Indian Chamber of Commerce (ICC) recently honoured the Commercial Bank of Ceylon with six awards, two in respect of Sri Lanka....

Argentina could receive a much-needed disbursement of funds from the IMF, the lender said Friday, with a fresh staff-level agreement...

Women Friendly Workplace Awards (WFWP Awards) third edition jointly pioneered by Satynmag.com, and CIMA Sri Lanka was held....

NDB Wealth makes history by becoming the first and only unit trust management company to reach Rs. 100 billion in assets under....

Sri Lanka is eyeing to ink free trade agreements (FTA) with two more ASEAN members, Malaysia and Vietnam, in line with the country’s plans...

HNB Finance Plc launched a new Gold Loan Unit at its Homagama branch recently. The branch was also refurbished to further....

HNB Assurance joined the ranks of MDRT’s Top 100 Global Companies, reaffirming the caliber and quality of the sales force the...

People’s Bank was recognized as one of Sri Lanka’s most outstanding Women Friendly Work Places at the Satynmag CIMA....

Singer Sri Lanka PLC announced its partnership with vivo, a global smartphone manufacturer, as their official National Distributor. This collaboration...

In 1963, a young man named John Roche moved into a shop on Olcott Mawatha, Pettah, with nothing but a wealth of experience earned...

Sri Lanka’s largest private lender in terms of assets, Commercial Bank of Ceylon PLC, yesterday revealed plans to raise up to Rs.12 billion through a listed debenture issue

Aitken Spence Apparel, a wholly-owned subsidiary of Aitken Spence, is currently the sourcing, designing and tailoring partner for Reliance Industries (RIL)

A delegation of experts from China’s Sinopec visited the Board of Investment (BOI)

Millennium Housing Developers PLC this week announced that it is currently in discussions with Sampath Bank

The new board of the Ceylon Chamber held a meeting with President Ranil Wickremesinghe at the Presidential Secretariat yesterday