Despite a record increase in supply last year, Colombo’s office space saw its net absorption levels falling below pre-pandemic levels, marking a strong rebound in 2021, with a robust outlook for this year as office staff gradually return to pre-pan

Lankem Robbialac, a pioneer manufacturer of paints and coatings in Sri Lanka, launched its Imperial White collection, offering its customer 10 unique shades of whites - namely Lily, Soft, Snow, Linen, Divine, Coniston, Apple, Whisper, Orchid and Dove

Sri Lanka has managed the health and safety aspects of the COVID-19 pandemic in a commendable way.

The newly arrived U.S. Ambassador to Sri Lanka, Julie J. Chung, met with the Board of Directors of the American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka) on March 16th.

In a ground-breaking initiative aimed at combatting fraud and corruption, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) joined hands with the US-based Association of Certified Fraud Examiners (ACFE) to launch an exclusive global

The masterplan for consolidation of Non-Bank Financial Institutions is progressing with a number of mergers taking place. The surge in share prices of finance companies that took place in the recent past is enough proof of shareholder expectationsfro

The Maritime Research Centre (MRC), Pune and NirDhwani Technology Pvt. Ltd. (NDT), in collaboration with the Institute of Contemporary Studies Bangalore (ICSB) and the Pathfinder Foundation, will host a webinar titled ‘India and the BIMSTEC: A New

This article attempts to draw out the practical implications of the law on the capital markets industry rather than delve into an analysis of the legal provisions.

The Central Bank has directed all licensed banks to sell 50 percent of inward workers’ remittances to the Central Bank every week.

In line with the policy decision taken to seek International Monetary Fund’s (IMF) assistance, the government is moving to hire an international law firm on long-term basis to obtain technical assistance to restructure the country’s external debt

The ‘Licence Raj’ created by the recent Extraordinary Gazette imposing import restrictions on 367 goods determined as ;non-essential’ by the Finance Ministry will add to the country’s economic woes and lead to new black markets and corruption

The Cabinet nod has been granted to appoint a ministerial committee on investment promotion chaired by President Gotabaya Rajapaksa with the objective of providing necessary policy and pragmatic solutions to promote investment opportunities in the co

The government expects to end the LP Gas shortage within the next 7-10 days with Litro Gas gradually moving to meet the market demand after securing letter of credit (LC) facilities, while Laugfs Gas is yet to receive green light for its letter of cr

The Supreme Court has given its approval for the Surcharge Tax Bill and has held the view that a simple majority in Parliament could approve it.

The Cabinet this week cleared the path to secure a Rs.300 million grant from India to implement Sri Lanka Unified Digital Identity Framework.

As food prices have sky-rocketed in recent weeks amid import restrictions and the sharp depreciation of the rupee, restaurants are urging the government to look at making key ingredients available at affordable prices by way of extending concessions.

The tourism sector regulator, the Sri Lanka Tourism Development Authority (SLTDA), came under harsh criticism yesterday for continuing to turn a deaf ear​​ to the plight of the industry stakeholders who are struggling to carry out operations amid

The poultry industry is yet again faced with a shortage of chicken feed, which has affected the availability of eggs in the local market. However, sector players assure that efforts are being taken to ensure prices do not escalate.

The Chairman of the Ceylon Chamber of Commerce Vish Govindasamy yesterday in a statement thanked the government and the people of India for coming to Sri Lanka’s aid in its time of urgent need, at an event aimed at increasing trade and investment a

CEAT Kelani Holdings has taken its radial tyre manufacture to a new paradigm with the launch of the first of a range of high-performance 17-inch tyres for medium-sized SUVs like the Honda Vezel, a popular vehicle on Sri Lankan roads.

Last year, HSBC Sri Lanka announced its first-ever International Scholarship Programme to support the ambitions of local students by giving one deserving student the opportunity to pursue their higher education with a US $ 10,000 scholarship to a pre

The Board of Investment (BOI) of Sri Lanka recently entered into an agreement with the Asia Pacific Institute of Information Technology (APIIT), to set up an expansion of its operation in Kandy.

Fitch Ratings has affirmed Mahindra Ideal Finance Limited’s (Ideal) National Long-Term Rating at ‘AA-(lka)’. The Outlook is Stable.

Cargills Bank Limited was able to cut losses in 2021, as the loans grew robustly while the asset quality and margins improved but the small-sized lender has still got more to do to return to black.

People’s Bank Poojapitiya branch was ceremoniously declared opened by People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku at its new location, recently.

The No.1 Bank in Sri Lanka, Bank of Ceylon (BOC) brings the best opportunity for you to invest with the best return just within 100 days.

Celebrating the much-loved and appreciated Sinhala and Tamil New Year, Sampath Bank’s credit and debit card deals for 2022 offer a variety of discounts and savings to customers for the dawn of the new year.

National Development Bank PLC (NDB) recently signed a memorandum of understanding (MoU) with the Women’s Chamber of Industry and Commerce (WCIC), under the NDB Jayagamu Sri Lanka scheme, as a means to provide support towards female entrepreneurs, e

The policyholders of AIA Insurance have been provided two more convenient options to pay their premiums with Commercial Bank of Ceylon, with the addition of AIA to the Bank’s Q+ Payment App and its islandwide network of Cash Recycler Machines (CRMs

The poultry industry is yet again faced with a shortage of chicken feed which has affected the availability of eggs in the local market.