Yamuna Kelaniyan Godage has been appointed as Consultant Non-Motor of SANASA General Insurance Co Ltd, with effect from October 2021.

Although the government faces an uphill task in managing public finances amid significant decline in the tax revenues caused by pandemic-induced restrictions, it is unlikely to introduce major changes to its current tax policy, which has remained low

Returning to its originally set target at the beginning of the year, the Central Bank last week said it expects to end the year with a total private sector credit growth of Rs.850 billion, which translates to a robust 14 percent growth over last year

An employee attached to Fonterra Brands Lanka (Pvt) Ltd. has sent a Letter of Demand to the company claiming Rs.1000 million as damages for terminating her employment under the false claim of redundancy.

The Central Bank is expected soon forward a proposal to the government for consideration, urging to explore the possibility of resuming car imports paid via foreign exchange as vehicle imports remain suspended for 18 months, exerting pressure on the

Lanka Corrugated Carton Manufacturers Association (LCCMA) has requested the Colombo Stock Exchange (CSE) to delay the upcoming initial public offering (IPO) of Ex-Pack Corrugated Cartons (Pvt) Ltd until the company rectifies the alleged inaccurate in

Despite the lockdowns, both manufacturing and services activities expanded in September from a contraction in August indicating that economic activities have mostly adjusted to operate safely under the guidelines, although rising global commodities p

While commending the government’s decision to allow imports of nitrogen-based fertilizer for the tea industry, the Planters’ Association of Ceylon (PA) called for the distribution to be fast-tracked in order for the tea sector to immediately reco

Verité Research hosted the online discussion themed ‘Steering out of the Debt Crisis: Recipe for Budget 2022’ on October 14th.

The Sri Lanka Association for Software Services Companies (SLASSCOM) has embarked on yet another pioneering initiative, this time to achieve its goal of social transformation, creating an impact through technology, by launching the SLASSCOM Foundatio

The Sri Lanka Export Development Board (EDB) Advisory Committee on Ornamental Fish Exports was established on October 12th, and the first meeting was held via Zoom under the patronage of Trade Minister Bandula Gunawardane.

MTI Consulting has just completed an assignment to independently review possible repercussions and opportunities for Pakistan’s economy in case it decides to accede to WTO’s Information Technology Agreement (ITA).

One consignment of potassium chloride fertiliser arrived on September 14, presumably to be applied for the paddy sector. The potassium chloride is not an organic material. However, the input materials approved for organic farming need not only be org

In his novel published in 1891, tiled ‘The Light that Failed’, Rudyard Kipling wrote the phrase ‘biting the bullet’ to express the thought that fortitude can be gained by ‘biting a bullet’! As things are, should the President and governme

Sri Lanka’s macro-economic outlook amidst the COVID-19 pandemic came under the spotlight at a webinar panel discussion held on October 11, to mark the release of the IPS’ flagship report ‘Sri Lanka: State of the Economy 2021’.

Commercial Bank of Ceylon Minors’ savings account holders can enjoy exclusive discounts of up to 20 percent on books and stationery at any Sarasavi Bookshop islandwide until the end of August 2022, under an exciting benefit unveiled by the bank for

Sampath Bank stepped up its efforts to emphasise and encourage the habit of saving amongst all Sri Lankans with the roll out of a host of rewards and benefits through its annual ‘Thrift Month’ savings promotion drive.

As the COVID-19 pandemic delivered a massive hit on the local labour market, the government going forward should urgently look at improving and expanding access to social security for employees and employers, the Institute of Policy Studies (IPS) sai

The Court of Appeal has ordered to set aside a decision made by the Divisional Secretary of Hanguranketha to award a sum of Rs.14 million as compensation for a land acquired from the co-owners of Joansland Estate, in the Nuwara Eliya district and hel

Commercial Bank of Ceylon has become the first bank in Sri Lanka to link the Import and Export Control Department (IECD) to a digital platform with LankaPay, enabling customers to pay their licence fees to the department conveniently, without having

The budget for 2022 is scheduled to be presented in Parliament on November 12 and the final vote on budget is set on December 10.

As Sri Lanka gears up to revive its tourism sector, the island nation has secured a position as one of ‘The Best Countries to Travel to’ by the Conde Nast 2021 Readers’ Choice Awards.

Thilak Weerasinghe, representing Lanka Sportreizen, was unanimously re-elected as President of the Sri Lanka Association of Inbound Tour Operators (SLAITO).

Trade Minister Bandula Gunawardena has appointed several Export Advisory Committees to overlook 24 sectors for the 2021-2026 period.

The U.S. Agency for International Development’s (USAID) Private Sector Development project signed a memorandum of understanding (MoU) with Hatton National Bank PLC (HNB) to expand financing to micro, small and medium enterprises (MSMEs) in Sri Lank

Samsung, Sri Lanka’s Most Loved Electronics Brand and the Global No.1 TV Manufacturer for 15 consecutive years recently announced exciting offers this cricket season for its consumer electronics range.

Envoy London, Sri Lanka’s international brand and the premier brand of Hameedia that is synonymous with style and quality, collaborated with ‘ England 2021’ as the ‘Official Clothing Partner’.

The brand-new tablet brings the classic Nokia phone quality to the big screen, with a range of versatile features along with a long-lasting powerful 8200mAh battery that helps to excel at work and relax when it’s time to play.

Sri Lanka’s foremost entertainment brand Evoke International Limited recently turned 13. Evoke primarily concentrates on offering Value Added Services (VAS) to telecommunication providers.

Hayleys PLC announced the successful completion of Phase I in its flagship biodiversity conservation initiative ‘Kirulu’, focused on restoring biological ecosystems and preserving natural habitats within High Conservation Value Areas (HCVAs).