Christine Lagarde, President of the European Central Bank, said she has “huge confidence” the US will not allow the country to default on its own debt during an interview on CBS’ “Face the Nation” Sunday.

A Chinese supervisor at a dam construction project in Pakistan is under police protection after workers accused him of blasphemy against Islam, officials said yesterday.

Ceylinco General Insurance expresses its heartfelt gratitude to the people of Sri Lanka for being crowned the ‘People’s General Insurance Brand of The Year’ at the 2023 SLIM Kantar People’s Awards, for a record 17th consecutive year.

Understanding customers’ needs, DFCC Bank credit cards provide a generous 1 percent guaranteed CashBack feature for all cardholders 365 days a year.

LOLC Al-Falaah was honoured with four awards at The Islamic Finance Forum for South Asia (IFFSA) for their achievements and exceptional performance in expanding the frontiers of Alternate Finance in the domestic and global financial arena.

Sri Lanka Insurance held its ‘MDRT Day 2023’ to honour and recognise the MDRT winners of Sri Lanka Insurance for 2022.

Following up on recent efforts to support the agricultural sector despite the challenges they face today, HNB PLC partnered with Browns Agriculture, the pioneer of agricultural machinery in Sri Lanka.

Leading home-grown one-stop payment app PayMaster has won two awards at the recent LankaPay Technnovation 2023 Awards. The app won the Gold Award for Best Mobile Application for Retails Payments in the Fintech sector and a Merit Award for Most Popula

National Development Bank PLC (NDB) recently re-launched one of its iconic campaigns - “Salli Ratin – Thagi Apen” to promote and encourage the channeling of foreign remittances through the Western Union money transfer platform.

Russia’s oil exports have bounced back to levels last seen before it invaded Ukraine, despite a barrage of Western sanctions. Moscow’s exports of crude oil and....

How much does it cost to have a Kevili table.....

The Leasing Council of the Bankers of Sri Lanka (LCBSL) launched its state-of-the=art website with the patronage of President Kanchana Karunagama and Executive Committee members recently. Speaking...

The Paris Club of creditor governments aims to start negotiations to restructure Sri Lanka’s debt, the group said last Friday after a creditor committee was set up this week. The Paris Club....

Maliban has been awarded the SLIM Kantar People’s FMCG Brand of the Year 2023 Award – which recognises its outstanding commitment to quality and excellence, a reputation it has maintained for almost 70....

Japanese officials have approved controversial plans to build the country’s first gambling resort. The complex will open in the western city of Osaka in 2029. Casinos have long been illegal....

A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to the country’s authorities regarding more than US$ 12 billion in bonds outstanding, according to three...

Sri Lanka will emerge with its highest ever foreign currency reserve buffer when it comes out of the four-year economic stabilisation package with the International Monetary Fund...

Hapag-Lloyd Lanka, a subsidiary of Aitken Spence PLC and the local representation for Hapag-Lloyd-AG- Hamburg won two Customer Service Awards for the Europe Trade, for the third consecutive....

South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first Public Private Partnership Container Terminal was awarded the ‘Container Terminal with Best Safety Practices’ and the ‘Best Container....

The import and export sectors of Sri Lanka, which comprise the critical and crucial economic segments of Sri Lanka and which contribute to the country’s overall commercial activities, have been seriously...

Leading members of the Lion Brewery and Luxury Brands trade marketing teams were honoured at the recently held SLIM National Sales Congress (NASCO) Awards.The awards recognize that the sales function....

Ranyan Industries Pvt Ltd, the company that pioneered production and supply of locally manufactured amenity kits to the burgeoning leisure and hospitality industry, recently launched....

Friends Adult Diapers, marketed in Sri Lanka by Darley Butler & Company, continues to contribute towards enhancing the comfort of the elderly population. The latest initiative ....

Richardson Holdings announced the appointment of Portia Jayamaha as their new Finance Director, an experienced finance leader who has worked in senior roles across several industries. Portia brings....

Despite its modest entry in 2013, the company has managed to grow rapidly in stature within a short span and is now recognized as a premier HR solutions company, serving the requirements....

Nestlé Nestomalt concluded Salary for Life 2022, powering the ambitions of yet another consumer. Having received a record number of entries, the brand announced B. K. Sriyamini Dilini....

The Waters Edge hotel has taken another leap forward in its digital transformation journey by launching a state-of-the-art digital billing platform at Bakery at the Edge recently. Waters Edge has built a reputation....

Swiss Ceylon Associates has announced expansion activities in Sri Lanka and South East Asia. Their main activities in Sri Lanka are in the field of Raw....

Foreign interest in Treasury bills and bonds was seen growing steadily in the recent few weeks reflecting their readiness to bet on the future trajectory of the Sri Lanka’s economy. As per the data available....

The United States District Court in the Southern District of New York has set dates to hear the lawsuit filed by Hamilton Reserve Bank seeking payment of defaulted International Sovereign Bonds (ISBs) on April 20, following a failed attempt to get th