Plans are afoot to enroll taxation officers to the fifth batch of the Master of Business Administration degree programme in Taxation (MBAT) of the Postgraduate Institute of Management (PIM).

The American Chamber of Commerce in Sri Lanka (AmCham Sri Lanka), recently held its 29th Annual General Meeting and election of directors.

To remember is to reflect on past events that would either bring a smile to your face. Or tears. Survivors of Sri Lanka’s 30-year ethnic conflict are one such community that have lived with trauma for the longest period, either mourning the loss of

As the Sri Lankan government continues to resort to short-term ad hoc arrangements to service the country’s external debt obligations, two leading international investment banks warn that the lack of clarity on the debt sustainability front could k

Banks kept their lending taps wide open during August, making the most amount of credit to the private sector in a single month in years in a possible sign that businesses and people raced to borrow to lock in low cost funds when the rates were still

Credit card spend by Sri Lankans bucked the two-month long contraction, swinging to a sharp increase in July, days after the country removed month long restrictions in June in what appeared to be a reflection of some semblance of economic normalcy wh

The payment relief afforded to borrowers of finance and leasing companies affected by pandemic-induced economic hardships were granted with a further six month extension through March 2022, with the options for facility restructuring for longer perio

The Bandaranaike International Airport, Katunayake (BIA) has implemented a comprehensive digitalizing project to facilitate a smooth flow of passengers so that travellers are able to obtain airport services without hassle.

The apron area development project at the BIA, which will increase the aircraft parking facility, is slated to reach completion by November 2021.

David Pieris Holdings and Avonet Technologies announced the launch of a new joint venture that will power Affiniti FinTech Solutions and accelerate its global expansion.

Sri Lanka’s tourism landscape will receive the much needed international spotlight next year with the world’s biggest female adventure challenge, ‘Raid Amazones’ held in the island nation.

Sri Lanka’s foreign exchange reserves, which recouped part of the lost assets during August through inflows from the International Monetary Fund (IMF) and the currency swap with Bangladesh Bank, lost about a billion dollars in September as the gove

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct another knowledge sharing Continuing Professional Development virtual webinar on ‘New Securities and Exchange Commission of Sri Lanka Act no 19 of 2021’ tomorrow fr

Celebrating the success of its inaugural virtual AGM that took place on September 24th, Sri Lanka Gem and Jewellery Association (SLGJA) announced the election and appointment of their new Chairman Ajward Deen.

The maritime freight rates have been on an upward trend since the second half of 2020. The Drewry’s composite World Container Index (WCI), as at September 30, 2021, increased to US $ 10,361 per 40ft container, which is 292 percent higher than the s

Ceylon Roots, the inbound tour arm of Browns Group, has launched a comprehensive online logistic platform dedicated to hoteliers and chauffer-guides to provide transport facilities for their guests.

Navigating through the troubled times of pandemics and lockdowns, SyTrans Global (Pvt.) Ltd, a new-age logistics solutions company. is changing the way the movement of cargo is carried out by introducing the latest technology to the industry.

Youth and Sports and Development Coordination and Monitoring Minister and Digital Technology and Enterprise Development State Minister Namal Rajapaksa was on an inspection tour of the Hambantota International Port (HIP) over the weekend.

National Development Bank PLC (NDB Bank) was recently named among the 10 Most Admired Companies in Sri Lanka for the 2020/2021 financial year.

In line with its commitment to supporting the nation’s senior citizens, Sampath Bank rolled out a record Rs.185 million in medical benefits to Sampath Sanhinda Saver accountholders around the island.

Since its inception 24 years ago, SDB bank has been continually driven by its core intention of helping people from all walks of life to stand on their feet.

Fintrex Finance Limited welcomes two new Directors to its company. The board announced the appointment of A. Sabry Ibrahim and Shrihan B. Perera, both renowned and respected corporate personalities. who join its team as Independent Non-Executive Dire

Sri Lanka’s premier investment bank Capital Alliance Holdings Limited (CAL) officially marked its 21st anniversary on October 1, 2021.

The UK’s highly acclaimed Global Banking and Finance Review Magazine has adjudicated Amãna Bank as the ‘Fastest Growing Retail Bank in Sri Lanka’ in its recent awards announcement.

The recipients of remittances via Western Union and MoneyGram stand a chance of doubling their funds courtesy of Commercial Bank of Ceylon under an exciting new promotion launched by the bank with the two global money transfer services.

In an effort to lure tourists from the Middle East, the Sri Lanka Tourism Promotion Bureau (SLTPB) recently engaged in active discussion with the outbound travel agents and tourism stakeholders in the Kingdom of Saudi Arabia, (KSA).

The outstanding debt of the Central government rose sharply in the first seven months of 2021, with the domestic financing increasing the most, as the budget deficit expanded to large proportions when the pandemic knocked the state revenues off cours

The Central Bank yesterday said following the recommendations of a Working Committee appointed to study and suggest new remittance channels to Sri Lanka, it has decided to implement the ‘SL-Remit’ mobile application to attract more remittances to

The Government Information Department yesterday announced the public and private sector experts, who have been appointed to the committee to formulate Sri Lanka’s national policy on digital banking, blockchain and crytocurrency mining.