Freight 360 recently moved its operations to a new location at R. A. De Mel Mawatha, Colombo 03, second floor and it is thrilled to announce the grand opening. It is specialised....

The National Chamber of Commerce is proud to host the awards ceremony of the National Business Excellence Awards 2022 (NBEA), to be held on Tuesday, June 20, 2023, amidst a large, distinguished....

AIA Insurance has been recognised as the Best Life Insurance Company in Sri Lanka, for the fourth year. Awarded by internationally acclaimed.....

SANASA Life Insurance Co PLC, which was recognised as the fastest growing life insurance company in Sri Lanka for the last couple of years, took a giant leap in the field of life insurance in Sri Lanka...

People’s Bank’s People’s Remittance Vaasi Kotiyai 2023 draw, to select the millionaire winners for January, February, March and April, took place at the People’s Bank Overseas Customer Services premises....

The restructuring of our sovereign debt is primarily driven by the gross financing needs (GFN), forward sovereign debt perimeter, forward debt service to GDP and other factors that dominate the International....

As a way of rewarding its remittance customer base for their loyalty, Pan Asia Bank has launched a new promotion wherein the Top 5 customers, who made highest remittances, will win a sum of Rs.50,000...

Sri Lanka’s Board of Investment (BOI) has increased the foreign direct investment (FDI) target to US$ 2 billion from earlier US$ 1.3 billion for the year as foreign investors are returning to the country following a troubled year and given the poss

President Ranil Wickremesinghe yesterday highlighted the importance of Japanese investments to push the revival of Sri Lanka while affirming commitment to stabilising and liberalising the economy and actively inviting new foreign ventures.

Ceylon Tea came under fresh focus in Tehran recently, with the Sri Lankan Embassy promoting the premium product to locals on International Tea Day 2023, May 21.

In an attempt to promote entrepreneurship among the youth of Sri Lanka, the International Labour Organisation (ILO) collaborated with the Central Bank of Sri Lanka this week to explore avenues that would help create a favourable ecosystem to build ne

BBC: There has been a second day of disruption for travellers at Heathrow after British Airways cancelled at least 42 more short-haul flights following Thursday’s IT problems.

Construction and housing expo Build Sri Lanka 2023 kicked off yesterday at the BMICH, showcasing the latest development in the industry.

The kithul industry in the Ratnapura district has developed into a high income generating industry by the Agriculture Ministry, with several product categories successfully reaching the shelves of international markets.

The offerings at the Colombo Tea Auction totalled 7.1 MnKgs, similar to that of last week and were met with fair demand at easier rates.

Sri Lanka’s merchandise exports plunged 16.5 percent year-on-year (YoY) to US $ 814.1 million in April, bringing the cumulative export earnings for the first four months of 2023 to US $ 3.81 billion, an decrease of 9.78 percent YoY, data from the E

Sri Lanka needs to step up efforts in enticing a larger proportion of its population across all provinces towards embracing entrepreneurship so that the impacts of the ongoing economic crisis would lessen, the Central Bank asserted.

In an effort to become more integrated in global trade, Sri Lanka will apply for membership to the Regional Comprehensive Economic Partnership (RCEP), President Ranil Wickremesinghe announced yesterday.

For the sixth time in its post-independent history, Sri Lanka has been able to record Rs.48 billion surplus in the primary balance of fiscal accounts during the first quarter of this year, State Minister of Finance Ranjith Siyambalapitiya revealed.

The leading blue-chip conglomerate, Aitken Spence PLC reported an impressive EBITDA (earnings inclusive of equity accounted investees, before interest expenses, tax, depreciation, and amortization) of Rs. 30.1 billion with a growth of 30.3 percent, s

Thaala Bentota, formerly known as Avani Bentota, unveiled its rebranding yesterday, marking a new era of excellence in Sri Lankan hospitality.

Senior banker Damith Pallewatte is set to take reins from Jonathan Alles as the Managing Director/CEO of Sri Lanka’s second largest private bank, Hatton National Bank PLC with effect from August 24, 2024.

The downward trajectory of Sri Lanka’s tea production is expected to reverse in 2Q23, tea brokers said.

Laugfs Holdings Limited, one of Sri Lanka’s largest diversified conglomerates with a portfolio of over 20 businesses spanning multiple industries, has recently appointed Agasthi Jayagoda as General Manager - Group Head of Strategy.

The nation’s insurer, Sri Lanka Insurance yet again recorded a stellar performance in the year 2022 to record a profit before taxation of Rs. 12.47 billion for the year 2022, with a combined Gross Written Premium (GWP) of Rs. 41.2 billion.

Sri Lanka has failed to fulfil two of the International Monetary Fund (IMF) programme commitments that were due in April 2023, publicfinance.lk, a platform for public finance-related information in Sri Lanka run by Colombo-based think tank Verité Re

The tourist arrivals to Sri Lanka crossed the half a million mark this week, fulfilling 25 percent of the arrivals target set for 2023, official data released yesterday revealed.

Sri Lanka Insurance Corporation (SLIC) yet again recorded a stellar performance in the year 2022, to record a profit before taxation (PBT) of Rs.12.47 billion for the year 2022, with a combined gross written premium of Rs.41.2 billion.

Consumer goods juggernaut Hemas Holdings PLC saw its revenue for the quarter ended on March 31, 2023 (4Q23) surging, most likely amid price increases but the group’s earnings remained flat, as finance costs soared.

John Keells Holdings (JKH) revealed that negotiations with several leading international gaming operators are progressing smoothly to commence gaming operations at its flagship Cinnamon Life Integrated Resort.