People’s Bank in collaboration with the International Finance Corporation (IFC) is working towards strengthening the financial awareness and financial literacy of micro, small and medium-sized enterprises....

SDB bank, a unique bank with a clear vision to bolster the local economy by providing customised banking solutions to SMEs and all progressive Sri Lankans, recently relocated its flagship City....

Al-Falaah Takaful Life, the alternate insurance services unit of LOLC Life Assurance Ltd, unveiled Family First Takaful Insurance, offering comprehensive financial protection for the entire family, as yet another...

The government will begin to provide relief to about two million families from July 1, under its welfare programme, with specific time frames, Finance State Minister Ranjith Siyambalapiriya said.

The tax collections by the Inland Revenue Department (IRD) rose by a record 216 percent year-on-year (YoY) to Rs.316.62 billion in the first quarter of this year, driven by the changes in the tax policy and gradual recovery of economic activities, ac

New Anthoney’s Farms (Private) Ltd recently deployed an additional processing plant as part of its production expansion strategy. With this, the company is able to produce over 200 tons of processed food products to cater to the evolving consumer p

Newly elected office bearers of Free Trade Zone Manufacturers’ Association (FTZMA) paid a courtesy call on BOI Chairman Dinesh Weerakkody at his office on April 21st.

Coin Ceylon, the pioneering blockchain company behind the very first Cardano stake pool and blockchain forum in Sri Lanka, recently presented ‘Yakka’, the 1st ever Cardano NFT Project to originate from Sri Lanka, with a groundbreaking collectio

The CFA Society Sri Lanka has announced that its signature event, the annual CFA Capital Market Awards, now in its 10th year, is scheduled to be held on June 21, at Cinnamon Grand, Colombo.

Many SOEs were found wanting at recent Committee on Public Enterprises (COPE) meetings, mainly because they had no corporate plans. Strategic organisation-wide planning or Corporate Planning is essential for an organisation to succeed in business or

Well known Economics Professor Howard Nicholas said at a recent webinar that “CBSL cannot be independent of the government”.

Sri Lanka tourism is on track to score a haul, with projections indicating that tourist arrivals for the month of April are on track to cross the 100,000 mark for the fourth consecutive month.

The Japanese government, through the United Nations Development Programme (UNDP), will provide a US $ 3.8 million grant to support the vulnerable smallholder farming families in the Dry Zone districts in the North-Central, North-Western and Eastern p

Sri Lanka’s fast-reviving tourism sector came under fresh spotlight this week, with Forbes highlighting it as the ‘bucket-list destination’ for families.

Commercial Bank of Ceylon has been recognised as Sri Lanka’s Best Bank once again by the US-based Global Finance magazine, at its 30th annual awards ceremony for World’s Best Banks 2023, reaffirming the bank’s reputation as the top performer in

To further smoothen the tourist experience, Sri Lanka opened dedicated counters for foreign travellers arriving at Bandaranaike International Airport (BIA), yesterday.

Credit Suisse has revealed the scale of the bank run that triggered its state-backed rescue in March.

The government of Japan and the UNDP have joined hands to improve the women’s economic well-being for smallholder farmer families in Sri Lanka.

Recognised for driving exemplary standards, eChannelling, Sri Lanka’s largest channelling network and an arm of SLT-MOBITEL, was conferred....

Fitch Ratings has downgraded Co-operative Insurance Company PLC’s (CICPLC) National Insurer Financial Strength (IFS) Rating to...

The Food and Agriculture Organization of the United Nations (FAO) together with the European Union (EU) have officially launched...

State Minister of Finance Ranjith Siyambalapitiya yesterday said from May 1 procurement activities with a value of more than Rs.200 million....

Buzzfeed is to close its news site and cut its workforce by 15 percent, Chief Executive Jonah Peretti has said. It comes....

Bed Bath & Beyond, the store for seemingly everything in your home during the 1990s and 2000s, filed for bankruptcy yesterday. “Thank you....

Sri Lanka, the world’s largest orthodox black tea producer remains confident in retaining the market share and its brand value reflected....

The government is eyeing US$ 2 billion worth of investments to build the proposed North Port of Colombo consisting of three....

Providing first glimpse to the city hotels operating in Sri Lanka, Taj Samudra Colombo reported its interim results for the three months...

SLT-MOBITEL, the national ICT solutions provider, signed an agreement recently with Cool Planet (Pvt.) Ltd, one of Sri Lanka’s leading...

Sysco LABS was the strategic partner for the Human Resource Think Tank (HRTT), a forum organised by the Association of Human...

H One, the leading Microsoft reseller in Sri Lanka, has embarked on its expansion into the Maldives market with a successful event...