Clearing another ambiguity surrounding the proposed Special Goods and Services Tax (SGST) over its collecting authority, the government will appoint a ‘Designated Officer,’ under the Treasury as it inches closer to the enactment of the new compo

In a defining moment for Sri Lanka’s iconic diversified conglomerate Hayleys commenced 2022 with the unveiling of ‘Lifecode’, an ambitious new framework that integrates environment, social and governance (ESG)-related targets and goals into bus

Microsoft will headline the final day (13) of the four-day National Digital Consortia, organised by the Information and Communication Technology Agency of Sri Lanka (ICTA) in partnership with the Federation of Information Technology Industry Sri Lank

Hutchison Telecommunications Lanka (Private) Limited and its infrastructure partner edotco Services Lanka (Private) Limited (edotco) have launched an Open-RAN trial, in order to further reduce the cost of GB data and thereby passing the cost benefit

Daraz is entering a new phase of its journey towards creating exceptional user experiences and developing a digitised ecosystem. Embarking on an exciting initiative to relaunch its brand, Daraz hopes to reaffirm its position in the lives of e-commer

The highly sought-after chartered accounting qualification offered by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was further reinforced after a leading international body recognised the Associate Chartered Accountant (ACA) qua

The Asian Development Bank’s (ADB) Annual Meeting will be held in Sri Lanka from May 2 to 5, with the participation of 68 countries.

Clarifying the composition of the official reserve position, the Central Bank of Sri Lanka (CBSL) on Monday said its attention has been drawn to several misleading and erroneous interpretations regarding the change in the composition of the CBSL’s

Creating awareness and engaging the private sector on one of the most important anti-corruption tools in a democracy, the Ceylon Chamber of Commerce will conduct a webinar on ‘The Right to Information and the Private Sector’, on Tuesday, January

The Japan Sri Lanka Technical and Cultural Association (JASTECA), established as an alumnus of the Association for Overseas Technical Scholarship (AOTS), held its 35th Annual General Meeting (AGM) recently, at Galadari Hotel Colombo.

REUTERS: The World Bank on Tuesday cut its forecasts for economic growth in the United States, the Euro area and China and warned that high debt levels, rising income inequality and new coronavirus variants threatened the recovery in developing econo

Sri Lanka’s private sector employers, led by the Employers’ Federation of Ceylon (EFC), yesterday urged the government to refrain from forcing them to pay the Rs.5000 allowance to their employees and said their financial difficulties have been wo

A top emerging-market money manager, who scooped up gains with Ecuador’s restructured bonds, is now waiting for Sri Lanka to default to load up on the nation’s debt.

The Central Bank yesterday said the first monetary policy review announcement for this year would be made on January 20, at 7:30 a.m.

Taking a swipe at those who call for the government to default on the upcoming sovereign bond, at a time when the funds are already allocated, Central Bank Governor Ajith Nivard Cabraal said they had now changed their tune after peddling fears for tw

The Rs.229 billion relief package announced by the government a week ago could reduce Sri Lanka’s scope for fiscal and debt consolidation, though it could support economic recovery, Moody’s Investors Service said in a brief statement yesterday.

The stock market is expecting a strong spell of December quarter earnings, which could extend the current rally in the equities into the next few weeks, as the companies are expected to release their earnings reports from as early as this week.

The local rubber industry joined in the chorus yesterday in calling on the government to step up and urgently resolve the ongoing foreign exchange and debt crisis, as the sector is coming under pressure, adding to a long list of woes already faced.

Industries Minister Wimal Weerawansha recently appointed the chairman and members of the Advisory Council of the Automobile Assembling and Automobile Components Manufacturing Industries in Sri Lanka.

Browns Exide powered SLT Speedup Katukurunda 2021, which was recently concluded at the SLAF racetrack in Katukurunda.

Marking another milestone, David Pieris Motor Company (Private) Limited recently introduced a facility for the maintenance and repair of commercial vehicles at DPMC Workshop in Madapatha.

People’s Leasing & Finance PLC recently signed a MOU with Indra Traders (Pvt) Ltd to launch a special business promotional programme.

Spearheading innovative customer-centric financial services, HNB Finance PLC recently announced its ‘Auto Loan’ scheme, enabling customers to obtain a loan to purchase a motor vehicle.

People’s Bank recently announced that it had facilitated 82.6 million transactions worth over Rs. 1.2 trillion during the year 2021, through its island-wide network of ATMs, CDMs and self-banking kiosks.

DFCC Bank implemented a programme to recognise key cinnamon exporters and the significant contributions made by the exporters and their value chain, and to commemorate their hard work in increasing foreign exchange flows into the country.

LCB Finance opened their newest branch in Kuliyapitiya, one of the main cities in North Western Province.

With the aim of inspiring and empowering Sri Lankan entrepreneurs, to contribute to national economy comprehensively, the Bank of Ceylon made a new strategic initiative by launching BOC SME Circle.

Continuing its support to the Central Bank of Sri Lanka’s (CBSL) initiative to promote cashless digital payments through the LANKAQR promotional campaign,

Extending its support to the development of a vibrant cashless payments ecosystem, HNB PLC, participated in the latest edition of the ‘Rata Purama LANKAQR’ campaign of the Central Bank of Sri Lanka (CBSL) held in Negombo recently.

People’s Leasing & Finance PLC keeping its foot print in digitalization launched two digital applications with facilities to provide online leasing facilities and to digitalize and decentralize the cheque printing process.