The Central Bank sold US$ 372.35 million in November to defend the rupee—a record high in recent years—reflecting the seriousness of the foreign currency liquidity crisis Sri Lanka is currently in.

The Chamber conducted a webinar on the ‘Impact of Supply Restriction on Construction Projects’ recently.

Since its inception in 2016, the John Keells X programme has been helping startups obtain funding, training and the right connections to scale and grow into successful companies. Popularly known as JKX and now in its fifth year, the programme has evo

Sri Lanka@100, a private sector-led business development platform supported by the U.S. Agency for International Development (USAID), hosted a capacity building workshop in Hambantota in partnership with the Hambantota District Chamber of Commerce (H

Pussellawa Plantations Ltd and Agalawatte Plantations PLC managed by Damro Group have been successful in planting another record extent during the year 2021.

Some of Sri Lanka’s top corporates, including conglomerates, were honoured at the Grand Finale of the 56th Annual Report Awards, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for their resilience and perseverance i

This article makes an attempt to present few socio-economic factors & indicators reflecting Sri Lankan economic downfall and examine whether it has some bearing on our failure to address serious structural weaknesses in the economy for the last 45

In a supermarket in Washington, DC, USA, the seafood section includes a product that comes from far away: blue swimming crab imported from Sri Lanka. The packaging proudly announces that the product is “Committed to Sustainability” and a “Produ

Several Opposition Parliamentarians said in Parliament that Sri Lanka’s net foreign reserves had plunged to an all-time low of US$ 1.2 billion and warned of dire consequences. Sri Lanka also has gold reserves of US$ 300 million that can be liquida

HNB PLC has disbursed Rs. 20 million in grants to 200 micro entrepreneurs and businesses across the country, providing them much-needed support as they seek to rebuild their livelihoods from the devastation caused by Covid-19.

Having successfully marked a historic milestone in Sri Lanka’s equity markets in November with its unique conscious capital drive, Sarvodaya Development Finance (SDF) is now poised to create maximum impact on the country’s rural markets.

The Bank of Ceylon (BOC) has been awarded the coveted “Bank of the Year 2021 – Sri Lanka” by The Banker Magazine U.K. recently in recognition of its financial strength, stability and economic and social commitment recording yet another gesture

Amana Bank Sri Lanka has been ranked amongst the Top 50 Strongest Islamic Banks in the World according to the latest ranking index published by The Asian Banker, thereby further cementing the bank’s position as a leading practitioner of the non-int

SDB bank announced the appointment of Niranjan Thangarajah as Deputy Chief Executive Officer (DCEO).

Vallibel Finance recently expanded its network across the country, with its most recent branch openings in Senkadagala and Vavuniya. The two new branches will be able to support and allow better access to quick and efficient financial facilities to a

Three leading fashion retailers recorded cumulative sales over Rs. 23 million in just three weekends in October and November as a result of promotions that offered cash backs and discounts for payments made via the Q+ Payment App on the LANKAQR platf

As the countdown to the festive season begins, a group of policyholders of Ceylinco Life has been given an additional reason to celebrate with its 176 members being selected as the winners of the first draw of the 15th edition of the life insurance l

After a very successful IPO, LCB in its bid to expand the branch network up to 12 branches before endof this year opened its newest branch in Kuliyapitiya on 7th December.

Sri Lanka’s service exporters, including resident Sri Lankans, who receive their earnings in foreign currencies through the banking channels, have started to protest against the conversions of their foreign currency earnings by banks, under the new

edotco Services Lanka Ltd (edotco) recently signed an agreement with the Board of Investment Sri Lanka (BOI) to include further 400 multipurpose smart streetlamp pole locations to its investment portfolio.

Sri Lanka has witnessed a steady increase in the number of internet users in 2021, when compared with the previous years, due to the push to embrace remote learning and working practices, due to the pandemic; however, it falls behind the countries th

Sri Lankan shares ended nearly 2 percent higher yesterday, extending gains from the previous session and boosted by rising industrial and financial stocks.

The Planters’ Association of Ceylon (PA) has urged the authorities to provide an urgent solution to facilitate the availability of appropriate herbicides, weedicides, fungicides and pesticides, which are essential for the sustenance and health of t

The Tourism Ministry will launch a special programme to increase the number of international airlines and private jets landing at Mattala Rajapaksa International Airport (MRIA), as an attempt to lure tourists to the southeast region of the country.

Targeting on immediate promotional boost within the potential Russian and Ukrainian winter-holiday seekers, Sri Lanka Tourism has organised a massive media and influencer promotion in the months of November/December 2021.

The Crescat Boulevard of Colombo, with its exquisitely refurbished interior and exterior, will compensate for all the missed Christmas cheer in the past year with its grand reopening which took place on 19th November inclusive of many fun-filled acti

Sri Lanka’s hair-care cosmetic manufacturer and exporter Dreamron Cosmetics together with its country partners participated at the Beauty Service Owners Association of Bangladesh (BSOAB) convention held at Dhaka recently.

Evoke International Limited has partnered with SLT-Mobitel to launch ‘Caller Tunes’.

Singer recently concluded the finale of the cook-off challenge, which was the second phase of the ‘Just Like Mom’ campaign launched for this year’s Mother’s Day.

Huawei Sri Lanka launched its flagship Corporate Social Responsibility (CSR) programme Huawei Seeds for the Future for the sixth year in 2021 with an opening ceremony on December 6th under patronages of the Ministry of Education and the Embassy of Ch