Raising revenue is a vital function of tax to combat fiscal constraints. In addition to financing activities of the state, it is also an important element for maintenance of law and order. Ideally, taxes should minimise discrimination in favour of or

In Sri Lanka, 12.3 percent of the population is aged 60 or older, making it the country with the highest proportion of older adults in South Asia. The Western province has the highest percentage of the country’s elderly at 31.7 percent, while the N

The Asian Development Bank (ADB) has recognised People’s Bank by awarding it the Most Responsive Bank Against COVID-19, at the prestigious ADB Trade and Supply Finance Programme Awards 2021 (TSCFP Awards 2021).

The revival and revitalisation of People Merchant Finance PLC (PMF), which began in May 2019, has shown remarkable results to date.

Alliance Finance Co. PLC (AFC) ceremonially opened its Maharagama branch at its new location, No. 75 & 75 / 1 / 1, High Level Road, Maharagama, as a spacious and convenient location for customers.

Nations Trust Bank (NTB) American Express (Amex) announced an exciting new promotional campaign for loyal customers, in partnership with Samsung, Sri Lanka’s No.1 smartphone brand, to giveaway the latest Samsung Galaxy Z Fold3 5G and Galaxy Z Flip3

Commercial Bank of Ceylon has embarked on an initiative to transform the way it supports micro entrepreneurs using its ‘Dirishakthi’ loans programme as the platform for a wider and holistic intervention encompassing financing and empowerment acti

Fitch Ratings has assigned an expected National Long-Term Rating of ‘A(lka)(EXP)’ to Abans Finance PLC’s (A(lka)/Rating Outlook Evolving) proposed Sri Lanka rupee-denominated senior unsecured debentures.

Today, on 3rd of October, we Germans commemorate the 31st anniversary of the reunification of West and East Germany. On this “Day of German Unity”, we are celebrating the fortunate events around the fall of the Berlin wall.

The Central Bank Governor Ajith Nivard Cabraal said the repatriation and conversion rules on exporter earnings would be strengthened going forward.

Amid a foreign exchange and a looming external debt crisis, Central Bank Governor Ajith Nivard Cabraal yesterday unveiled the much-awaited ‘The Six-Month Road Map for Ensuring Macroeconomic and Financial System Stability’, with an aim to usher in

The global energy crunch could help propel oil prices above US $ 100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America (BofA).

The Cabinet of Ministers granted approval for the draft Appropriation Bill for 2022, to be published in the government gazette and to table it in Parliament.

To further enhance and expand investment corridors between Sri Lanka and Thailand, the Embassy and Permanent Mission of Sri Lanka in Bangkok,

Sri Lanka’s trade unions expressed their displeasure over completely sidelining them from key COVID-19 Task Force meetings, as workers continued to get battered by the ongoing pandemic and pandemic-related travel restrictions.

Amid the alleged moves to hand over the monopoly to supply LNG for the electricity generation of the country to the US-based New Fortress Energy (NFE),

SLT-Mobitel, the national ICT solutions provider, demonstrating its commitment to enhance knowledge and education facilities for future generations, has scaled up digital learning for students with an enhanced A/L ‘Kuppiya’ service.

Further provisions against the dollar bonds held by Bank of Ceylon (BOC) remain moderate even in case of another sovereign downgrade but the bank may face renewed concerns of asset quality on its loans with the pandemic’s resurgence, a condition wh

Samsung announced the future ready Galaxy M32 5G with 12 band-support for 5G experience and the promise of two-year OS upgrades.

Most cookware ranges are either non-stick to fry food like eggs and noodles, or stainless steel for steaming and searing purposes.

Global leader in smartphones & devices OPPO marked its 17th anniversary on September 17.

Bringing the next chapter in mobile innovation for customers, SLT-Mobitel comes with an abundance of exclusive free gifts when you pre-order the new sleek, fashionable and powerful Samsung Galaxy Z Fold3 5G or Z Flip3 5G smartphones.

Union Assurance Sisumaga+ lived by its ethos of providing uninterrupted education for every child by supporting an initiative to upgrade the facilities for online learning in child care centres located island wide.

Alumex PLC and Mabroc Teas (Pvt) Ltd. have partnered to refurbish a ward at the Kiribathgoda Base Hospital, contributing both infrastructure and manpower to convert it into a fully-fledged COVID-19 high-dependency unit.

People’s Leasing and Finance PLC presented essential medical equipment to strengthen COVID-19 testing and treatment at three government hospitals in the Southern Region including District General Hospital Hambantota, Base Hospital Tangalle and Divi

As the Covid-19 pandemic continues to take its toll on Sri Lanka’s healthcare system, AIA Insurance has come forward to provide much needed support to frontline hospitals treating Covid patients.

Recognizing its corporate social responsibility, Dach Ayurvedic Hospital has launched a number of social services including distributing books to school and Dhamma school children.

Recognising the importance to enhance Sri Lanka’s PCR testing capacity to curtail the spread of COVID-19 and to protect citizens, SLT-Mobitel continues its support by donating yet another vital PCR machineto the District General Hospital in Matara

At a recent event graced by the presence of Western Province Governor, Marshal of the Sri Lanka Air Force Roshan Goonetileke,

The number of Asian elephants has dropped by at least 50 percent over the last three generations, and they are still continuing to decline.