Dr. Cornelius Boersch called on Board of Investment (BOI) Chairman Sanjaya Mohottala, as part of his visit itinerary in Sri Lanka.

The government sounded optimistic this week in the local tourism sector and aviation industry gathering steam to witness a fast-tracked recovery as several “positive” developments are taking place, which would allow the nation to reap the much-ne

Sri Lanka must step up efforts and act fast in addressing climate change as failing to do so would result in more falling into poverty, a session by the United Nations Development Programme (UNDP) on leveraging green financing for development highlig

Labour Minister Nimal Siripala de Silva has assured the Ceylon Bank Employees Union (CBEU) to take swift measures to safeguard the rights of the banking sector employees amidst multiple reports on their right violations by the employers.

The situation seems to be deteriorating as many Sri Lankans are now returning to their usual free and irresponsible lives, believing that they have been able to successfully control the Covid-19 or Corona pandemic that has terrorized the entire world

First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer recently announced the firm’s intention to enter an Initial Public Offering (IPO). The IPO is scheduled for November 2021 subject to regulatory approval.

Amid worsening external imbalances, the Central Bank (CB) is likely to increase policy rates by a minimum of 50 basis points (bps) by year-end and 150 bps by next year with the government reaching out to the International Monetary Fund (IMF) around t

The Central Bank will soon meet with the Credit Information Bureau of Sri Lanka (CRIB) and the banking sector to see how to facilitate borrowers who are seeking to obtain new facilities but unable to do so due to a soured credit scores caused predomi

Ex-Pack Corrugated Cartons (Pvt) Ltd. has decided to amend its claim on “market leadership” from its IPO prospectus to end the dispute fueled by Lanka Corrugated Carton Manufacturers Association (LCCMA) disputing the firm’s market leadership, a

First Capital Treasuries PLC, Sri Lanka’s leadingnon-bank primary dealer recently announced the firm’s intention to enter an Initial Public Offering (IPO).The IPO is scheduled for November 2021 subject to regulatory approval.

Oil hit a three-year high above US$ 86 a barrel yesterday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking overstretched.

A complete overhaul in the country’s incentive and education systems is of paramount importance to reverse brain drain, which has been a nagging issue for Sri Lanka, a trend which became more pronounced in the recent past due to a combination of fa

At a time when global commodities prices are on the climb, global medical glove prices are on a reverse path, plunging to half the levels from the 2021 first quarter, denting margins and thereby the profitability of local producers, but the weaker ru

Sri Lankan shares closed at a record high yesterday, driven by solid gains in financial stocks as equity markets reopened after a two-day holiday.

Although the Central Bank had one of the toughest spells in defending the rupee against the US dollar, it managed to emerge as a net purchaser of dollars in September—though by a little—from a net seller in August, during when Sri Lanka’s forei

Leading property developer Prime Lands Residencies PLC recently celebrated the groundbreaking ceremony for Amber Skye Negombo, marking the commencement of constructions of Negombo’s prime, luxury oceanfront real estate complex.

Renowned Sri Lankan brand offering world-class finishing solutions since 1967, Swisstek Ceylon PLC recently obtained Sri Lanka Standards Institute Certification (SLS) for five of its market-leading products.

R.M. Perera (Pvt.) Ltd, one of Sri Lanka’s reputed wooden furniture manufactures and interior design specialists, has been awarded ISO 9001:2015 certification.

The Sri Lankan construction industry still operates on outdated and redundant methods and procedures. Our building technologies,

This year’s World Agility Forum nominated PickMe for the Best Agile Transformation Initiative award, placing this innovative ride-hailing company amongst the world’s most agile global giants such as FedEx and Holubuva.

The Postgraduate Institute of Management Alumni Association (PIMA), Sri Lanka’s most active and largest body of MBA alumni in Sri Lanka, with a network of 5000 professionals and positioned as a leading think tank of a profound community of thought

Commercial Bank of Ceylon recently hosted a free webinar that explored opportunities in international markets for Sri Lankan exporters and aspiring traders.

CFA Society Sri Lanka, which is the local arm of the CFA Institute, has planned to celebrate this year’s Global Ethics Day with a webinar on taking ethical action in the age of AI, big data and IoT, on Monday, October 25, 2021, from 6:00 p.m. onwar

Sri Lanka Economic Summit 2021 (SLES 2021) is scheduled to be held on December 6 and 7 as a hybrid summit, catering to participants who would join online as well as participate in-person at Shangri-la Hotel.

Sri Lanka’s Joint Apparel Association Forum (JAAF) signed on as presenting partner for the sixth annual edition of the Responsible Fashion Summit (RFS).

Fulfilling its promise to touch people’s lives, Capital Alliance (CAL) is empowering private investors with the chance to capitalise on investment opportunities by subscribing to initial public offerings (IPOs) managed by CAL directly through its n

Ex-Pack Corrugated Cartons Limited’s Rs.700 million IPO was oversubscribed within minutes of opening yesterday.

Sri Lanka’s national level consumer prices continued to increase in September, at similar levels in August, although the prices eased from a year earlier period, predominantly on some decline seen in food prices.

Central Bank of Sri Lanka (CBSL) and the Qatar Central Bank (QCB) today engaged in discussion to look at firming up ties between the financial industries of the two countries.