According to reports, several amendments are to be suggested and made at the Committee stage in Parliament on the 19th July, 2023. We, the public are unaware of these amendments.

The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka organized an awareness programme for the real estate sector on ‘Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Compliance Obligations and New Developm

Sri Lanka’s first-ever superior blended cement product and the country’s oldest existing cement brand, INSEE Sanstha has been ranked amongst Sri Lanka’s 100 Most Loved Brands by LMD’s Brands Annual ranking for the third consecutive time.

The Chamber of Construction Industry of Sri Lanka (CCISL) held its 19th Annual General Meeting on July 7th at the Galadari Hotel.

Home Lands Constructions, the construction arm of Home Lands Group of Companies was recently upgraded from CS1 to CS2, by CIDA (Construction Industry Development Authority), (successor to ICTAD), the crest accreditation body for construction and engi

John Keells Properties, revolutionizing urban living experiences, reintroduces ‘Freedom Mortgage’ for TRI-ZEN Apartments. As part of this initiative, customers can pay 20 percent now and nothing more for the next 6 months. This will provide homeb

Uber One was successfully launched in Sri Lanka recently, making it the first South Asian market to roll out Uber’s exclusive global membership programme. Uber One enhances Uber’s value proposition for loyal customers by offering various discount

CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Stable’ by Fitch Ratings for a third consecutive year, a rating the Agency says reflects the Company’s position as a leading domestic manufacturer of vehicle

BBC: China says it has become the world’s biggest exporter of cars after overtaking Japan in the first three months of the year.Official figures released in the last week show China exported 1.07 million vehicles in the period, up 58 percent compar

Fitch Ratings has revised the Outlook on Ceylon Electricity Board (CEB) to Positive from Stable while affirming its rating at (B)lka.

Cabinet nod was granted this week to initiate negotiations with Indonesia to enter into a preferential trade agreement (PTA), which will ultimately....

The government has finalised transaction advisors to assist in the proposed divestiture of seven state-owned enterprises (SOEs) as part of its SOE...

The Cabinet nod has been granted to restructure the country’s largest State-owned retail network Cooperative Wholesale Establishment....

Apple supplier Foxconn has pulled out of a US$ 19.5 billion (£15.2bn) deal with Indian mining giant Vedanta to build a chip making plant....

The Colombo Stock Exchange (CSE) has approved in-principle Agarapatana Plantations Pvt Ltd ‘s application for listing its ordinary voting....

The government yesterday said a considerable number of individuals initially qualified under the Aswesuma welfare benefit programme, have submitted....

A pioneer in the digital banking revolution, Commercial Bank of Ceylon has announced that its omni-channel digital banking platform....

A pioneer in the digital banking revolution, Commercial Bank of Ceylon has announced that its omni-channel digital banking platform ‘ComBank Digital’ has reached the milestone of one million registered...

The Cabinet has cleared the path to obtain consultation services of Singapore’s Surbana Jurong to prepare a master plan to develop the Hambantota district. President Ranil Wickremesinghe...

The Central Bank has released a pamphlet on ‘Monetary Policy Implementation in Sri Lanka’ in all three languages, with the aim of enhancing awareness of the general public on the role of the Central Bank...

The ASPI edged up as a result of price gains in counters such as Hayleys, Lanka IOC and Aitken Spence with the turnover crossing Rs. 2.6 bn. Meanwhile, the S&P SL20....

Sysco LABS, the captive innovation centre for Sysco, the world’s largest foodservice provider, won two prestigious awards at National Ingenuity Awards 2023. Organised by SLASSCOM....

SLT-MOBITEL, the national ICT solutions provider, was honoured with four prestigious awards at National Business Excellence Awards (NBEA) 2023, held recently. The recognition....

Hayleys Fentons ICT, Sri Lanka’s pioneering private automatic branch exchange (PABX) communication system service provider, joined forces with NEC Japan, a multinational technology and electronics...

The Colombo Academy of Hospitality Management (CAHM) and Resplendent Ceylon, Sri Lanka’s leading luxury hotel operator, announced a partnership to operate a hospitality training centre, to be called....

Enterprise Analytics (EA), a leading Sri Lankan IFS channel and services partner with offices across the globe, has been selected by Singer Sri Lanka to be its trusted IFS partner. As part of this, EA will...

The United Nations Industrial Development Organisation (UNIDO), Huawei and other partners officially launched the Global Alliance on Artificial Intelligence for Industry and Manufacturing (AIM Global) recently....

South East Asia Hotel Investors’ Summit (SEAHIS) 2023, a prestigious gathering of leading investors, industry leaders and experts, recently took place in Bangkok, Thailand. Among the distinguished speakers...

Heritance Hotels & Resorts, the esteemed flagship brand of Aitken Spence Hotels, demonstrated its achievements at the Culinary Art Competition hosted by the renowned Chefs’ Guild of Sri Lanka. Heritance Ahungalla....

The assessment of 968,000 appeals and 17,500 objections received for ‘Aswesuma’ will kick off, the Ministry of Finance announced today.