SriLanka@100, a private sector-led business development platform supported by the United States Agency for International Development (USAID), announced its third round of applications for mid-market companies looking for business advisory services to

Experts in tax and businesses on Monday attempted to come into grips with the proposed Social Security Contribution in the budget presented last week as the broad-based application could lead to enormous damage to several crucial sections of business

The shares of Lanka Credit and Business Finance Limited (LCB), which commenced trading on the Colombo Stock Exchange (CSE) yesterday, closed 10 percent above the issued price after opening double the IPO price.

The Colombo Stock Exchange’s (CSE) benchmark All Share Price Index (ASPI) surpassed 11, 000 points for first time yesterday and closed at 11, 008.33 largely due to increased investor play on illiquid shares, which the CSE said would be dealt with e

The Cabinet of Ministers had held extensive discussions on the pros and cons of seeking International Monetary Fund (IMF) assistance amid a worsening foreign exchange crisis, which has resulted in difficulties in importing fuel, cooking gas and other

National Development Bank PLC’s debenture issue to raise Rs. 8.0 billion via Basel III compliant listed, rated, unsecured, subordinated and redeemable debentures oversubscribed within hours from opening the issue, yesterday.

The Cabinet nod has been granted to recognise the country’s cinema trade as an industry officially with a view to promote and gain international recognition for the sector.

Singapore Airlines (SIA) yesterday announced the resumption of daily services between Colombo and Singapore, increasing flight frequencies to seven times weekly from five weekly flights.

Sri Lanka’s manufacturing and services activities measured by the Purchasing Managers’ Index (PMI) gained substantially in October after the economy was unshackled from the remaining virus-related restrictions from the beginning of the month givi

The Cabinet nod has been given to implement tourism promotion programmes in main tourism source markets of United Kingdom, Germany, France and India targeting 2021/2022 tourist season as an add-on act to the global tourism promotion programme.

The National Chamber of Exporters of Sri Lanka is organizing the post budget forum, to be held today (17) from 3.00 p.m. onwards.

National Chamber of Commerce of Sri Lanka (NCCSL)in a statement yesterday recognized the efforts of the government to signal all the stakeholders that they are in a path towards managing fiscal space by estimating budget deficit for 2022 in single di

Sabry Bahaudeen representing Classic Travel (Pvt) Ltd was unanimously elected as President of the Travel Agents Association of Sri Lanka (TAASL).

The hospitality industry which had been historically male-dominated, for the first time in the association’s history appointed Gitanjali Chakravarthy Haaland as the Vice President at its AGM coinciding with the 50th golden anniversary of Ceylon Hot

The decision to gradually reopen Sri Lankan schools, which have been shut for close to 20 months since the COVID-19 first struck, is a welcome move.

DFCC Bank, one of the premier commercial banks in Sri Lanka, through its efforts to create an inclusive and participatory work environment, has been recognised as one of Sri Lanka’s Top 10 Women Friendly Workplaces, at the first-ever Women Friendly

The Board Secretaries Forum, a joint initiative of the Sri Lanka Institute of Directors (SLID) and Institute of Chartered Corporate Secretaries of Sri Lanka, hosted a webinar and panel discussion on the role of the FIU and obligations of directors an

The initial public offering (IPO) of Sarvodaya Development Finance (SDF) will open to the public on November 23 and will comprise an initial issue of 22,727,273 shares raising Rs.500 million, followed by a green shoe issue of a further 22,727,273 sha

Softlogic Finance PLC returned to profit in the three months ended in September on very little provisions made for possible bad loans, after the company made a decision to curtail unsecured lending to small and medium enterprises, which caused severe

Seylan Bank, the Bank with a Heart, relocated its Mannar branch to a spacious new location on November 15, 2021.

LIC Lanka (Ltd) welcomes Eshanth Wijesinghe on board as a Director, with effect from August 2021.

People’s Bank further expanded its wide ATM network by opening an ATM at the University Grant Commission on November 16.

The LANKAQR Nationwide Rollout Campaign was launched recently at the Central Bank of Sri Lanka (CBSL), with the aim of promoting LANKAQR payments amongst the small and medium merchants as well as consumers throughout the nation. During this national

LifeServ (Private) Limited, a subsidiary of Sumathi Holdings, has stepped up to enhance the provision of total healthcare solutions to the healthcare sector in Sri Lanka promoting the much-needed ‘Stay Home, Stay Safe’ concept during this pandemi

In a bid to offer reliable, ethical support to couples aspiring toward parenthood but facing challenges in subfertility, the Asiri Nova IVF & Fertility Centre was recently launched at a simple ceremony, at Asiri Medical Hospital.

Mount Lotus Eye and ENT Hospitals, the newest hospital of its kind in Sri Lanka, officially unveiled its website at a virtual launch event held recently. The website was launched by Dr. Aruna Fernando, Consultant Eye Surgeon and Vitreo Retinal Surgeo

Eric Rajapakse Opticians, Sri Lanka’s leading eyecare specialist with over 100 years of expertise, reopened its newly-refurbished Wellawatte branch recently. Centrally-located at No.17, Galle Road, Wellawatte, Colombo 6, the branch was ceremoniousl

Staying on its dynamic expansion strategy, Vision Care, Sri Lanka’s premier eye care solutions provider, opened its newest branch at Ruhunu Hospital, one of the best private sector healthcare provider in southern province.

Vivya, the first-ever Sri Lankan heirloom rice-infused skincare solutions range, is poised to enter in the South Asian market and beyond.

In an effort to lure more tourists to Sri Lanka from its neighboring countries, initial talks have kicked off on exploring the option of having direct flights between the island nation and Bangladesh.