While Sri Lanka had made progress in bringing its official jobless rate down, the issues facing the workers appear to run deeper as many who lost their employment due to the pandemic-induced economic restrictions appear to have given up looking for w

Sri Lanka’s aviation traffic will increase further in the coming weeks with four new airlines gearing up to launch direct flights to the country from December.

Sarvodaya Development Finance’s (SDF) Initial Public Offering (IPO) to raise Rs.1 billion, which opened yesterday on the Colombo Stock Exchange (CSE) was oversubscribed the same day.

The local startup sphere came under fresh spotlight as Sri Lankan co-working space, start-up incubator and accelerator Hatch was recognised as ‘The Best Co-Working Space’ in the world at the Global Startup Awards 2021.

Award-winning co-working space Hatch is looking to expand its footprint, both within the country and overseas, so that an increasing number of start-ups can capitalise on the platform.

Commercial Bank of Ceylon PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2021’ at an annual event organised by the Ceylon Chamber of Commerce to recognise sustainable champions of the local corporate world.

Sri Lankan shares rose more than one percent for a second straight session yesterday, driven mostly by gains in financial stocks.

The COVID-19 integrated home-based care solution, conceptualised and implemented effectively by the Health Ministry, announced successful administration of care to over 100,000 home-quarantined COVID-19 patients last week.

CFA Society Sri Lanka rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) yesterday to celebrate its 20-year anniversary.

Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions, announced Sri Lanka’s inaugural Inter-University SRE Hackathon, the first national level TechOps competition focused on Site Reliability Engineering

Trade has historically been a powerful driver of economic growth and poverty alleviation in Asia, though the momentum of lowering trade barriers has slowed in recent years.

Sri Lankan global HR software solutions provider hSenid Business Solutions successfully concluded its investor forum yesterday, ahead of its IPO, which is due to open on December 3, 2021.

Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Past President Nishan Fernando made history yesterday, when he became the first Sri Lankan to Chair the Asian-Oceanian Standard-Setters Group (AOSSG), a regional organisation tasked with

Sri Lanka’s aviation traffic will increase further in the coming weeks with four new airlines gearing up to launch direct flights to the country starting December.

The weekly Averaged Weighted Prime Lending Rate (AWPLR) eclipsed the 8.0 percent level last week, signalling that the present upturn in the market lending rates has more room to run its course, on the back of the prolonged shortages in the rupee and

John Keells Holdings PLC (JKH) yesterday announced plans to raise US $ 80 million via a private placement to the Asian Development Bank (ADB) by issuing up to 122.5 million new ordinary shares of the company to fund the investment plans of its superm

Capping off a year of record-breaking export-led growth, both Lanka Monthly Digest’s (LMD) Top 100 and Business Today Top 40 have ranked Hayleys PLC as Sri Lanka’s number one corporate for 2020-21.

In an effort to strengthen the weak social safety network, Labour Minister Nimal Siripala de Silva has announced plans to introduce a new mandatory insurance scheme for migrant workers, with a maximum converge of US $ 15,000.

The government’s organic fertiliser pivot hasn’t entirely lifted the country out of subsidy culture, in which the agricultural community is entrenched with for decades but it provides the necessary stop-gap measure to ensure undisrupted farming a

Sri Lanka’s national headline inflation, as measured by the year-on-year (YoY) change in the National Consumer Price Index (NCPI), rose to 8.3 percent in October, from 6.2 percent a month ago, the Central Bank said, based on the data prices gathere

Sri Lanka’s producer prices jumped to the highest level in five months in September, as the manufacturers across broader industries had to contend with myriad issues stemming from the global commodities prices boom, worsened by the supply chain cru

The Event Management Association of Sri Lanka applauded the government’s decision to allocate Rs.500 million in the next year’s (2022) budget to compensation for the losses incurred during the pandemic.

The inauguration of new bridge across Kelani River in Peliyagoda is scheduled to be held on November 24, 2021, with the participation of the President, Prime Minister, Ambassador of Japan in Sri Lanka, Chief Representative of JICA Sri Lanka Office an

Amana Bank was awarded the coveted Entity of the Year accolade for the third consecutive year, at the recently concluded SLIBFI Awards 2021.

Despite the pandemic-induced economic challenges, Vallibel Finance PLC ended the first half of the 2021/22 financial year on a strong note, reflecting an upsurge in gross income by as much as 22.8 percent to reach Rs.5.4 billion, in comparison to Rs.

An insurance plan designed exclusively for the purpose of ensuring the continued education of children has been launched by Ceylinco Life in response to one of society’s most pressing concerns. Ceylinco Life ‘Education Protector’ enables a pare

People’s Bank has announced amazing discounts and offers during this holiday season for People’s credit and debit card holders.

LOLC General Insurance Limited (LOLC GI), one of the fastest-growing general insurance companies in Sri Lanka, recently signed a memorandum of understanding (MOU) with Body Shop by Access Motors.

Nations Trust Bank (NTB) takes the next step of its digitalisation journey, introducing NTB Smart Statements in line with the bank’s vision of providing financial information conveniently.

LCB Finance is ready to expand the network up to 12 branches before the end of this year, with Kuliyapitiya, Akuressa, Deiyadara and Tangalle.