At the recently concluded regional partner awards ceremony, Sinetcom, a Debug group company, was awarded the coveted title of Emerging Distributor Sri Lanka and the Maldives, amongst all the Sophos regional distributors under the South India, Sri Lan

Singapore-based Koach Hub, the revolutionary sportstech platform, signed a partnership with renowned South African cricketing legend Darryl Cullinan to expand its platform to cricket.

JB Co., Ltd (JCB), a leading global payment scheme, has announced that the company has granted the J/Secure 2.0 Third Party Provider (TPP) certification to Epic Lanka (Private) Limited (Epic Lanka), a leading Sri Lankan IT conglomerate, as the ACS Op

Sri Lanka’s Best Life Insurance Company (awarded by Global Banking and Finance Review for 2019 and 2020) AIA Insurance kicked off AIA Sri Lanka Hackathon Challenge 2021, on August 19, 2021.

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, won the Best Regional Distributor of the Year and Best Distributor of the Year – Sri Lanka Awards, at the Dell Technologies South Asia CSB Partner Connect event for the year

Arimac Digital launched its journey 10 years ago in the digital industry as an up-and-coming innovative tech company. Today, Arimac is spearheading digital solutions for customers around the world and is dominating the Asian region markets, moving fr

The Planters’ Association of Ceylon (PA) will be hosting its 167th Annual General Meeting (AGM) on September 30, 2021.

Shortly after a group of investors, led by the private equity firm Herkules’ ‘Deal-by-Deal’ team, invested in 99x, they have now completed the transaction to purchase Seeds Consulting AS.

REC Campus (AKA Russian Education Centre), a Colombo-based leading foreign educational pathway provider in Sri Lanka, has instituted legal action in the District Court of Colombo against YouTube LLC, a California-based social media network offering a

Hambantota International Port Group (HIPG) signed a memorandum of understanding (MoU) with Xiamen King Long United Automotive Industry Co., Ltd (King Long) in Fujian China, last week.

The prolonged and recently tightened controls on imports and outward remittances are unlikely improve the country’s Balance of Payment (BOP), instead would backfire by way of commodities shortages and rising prices, hurting the supply chains and de

Sri Lanka is on course to record its highest ever Balance of Payments (BOP) deficit in 2021 as the first 7-month deficit in the overall foreign inflows and outflows surpassed the deficit recorded in the entirety of 2020.

As Sri Lanka’s macroeconomic outlook remains bleak, just as it has been in the past, it is about time the country embarks on serious initiatives to establish an effective revenue generation system that will result in sustainable outcomes without fu

Sri Lanka’s construction activities delivered their fastest growth in five years during the quarter ended June 2021, while the complementing real estate activities continued to add strength into its growth,

With an abundance of global resources, declining rates, and narrowing of margins dictating trends, organizations are urgently realigning their digital transformation journeys and are now shifting towards the use of contingent workers

President Gotabaya Rajapaksa yesterday called on the member countries of the United Nations (UN) and international agencies to further increase their assistance towards developing nations so they are able to fully come out of the crisis brought about

Sri Lanka’s merchandise export earnings topped a billion dollars for the third consecutive month in August, with almost all the major export categories performing well despite the pandemic-induced restrictions, the Export Development Board (EDB) sa

The Ports Ministry secured the Cabinet nod this week to float fresh tenders to develop the Port of Galle as a public-private partnership project, at an estimated cost of US $ 175 million.

The Cabinet of Ministers this week cleared a request to increase the government’s credit limit by further Rs.400 billion to Rs.3.39 trillion for 2021, under Appropriation Act No. 7 of 2020, to meet the pandemic-related additional expenditure requir

The Cabinet of Ministers this week cleared the path for the Trade Ministry to enter into foreign exchange agreements with selected suppliers, to procure essential consumer commodities for Lanka Sathosa Limited, under fixed prices, within the next thr

The government plans to obtain a US $ 100 million supplementary loan facility from the World Bank to procure 14 million doses of the Pfizer COVID-19 vaccine and to finance the other costs related to vaccination.

The Central Bank this week defended the appointment of Assistant Governor J.P.R. Karunaratne as the new Secretary to the Monetary Board, replacing Assistant Governor K.M.A.N. Daulagala, with effect from the 15th of this month, claiming the move as th

Sri Lanka’s national prices eased in August on both food and non-food prices but the level of decline isn’t enough to assuage concerns over the exorbitant prices daily confronted by the people on everything, from food staples to durables to other

Having witnessed the destitute situation of the artisans and the craftsmen in the country due to the present Covid pandemic, Sala Global (Pvt) Ltd have joined hands with Laksala to take their products through their showrooms and using their IT knowle

The unconventional policy package adopted by the government to ease the pressures stemming from the pandemic did help Sri Lanka rid some problems but continuing to impose such measures could have adverse effects on the economy and even hamper growth,

The Conference and Seminars Committee and the Taxation Committee of the Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct another knowledge sharing Continuing Professional Development virtual webinar on Finance Act No. 18

The global innovation policy advisory & research firm Startup Genome has launched the 2021 edition of the Global Startup Ecosystem report (GSER), in which Sri Lanka’s startup ecosystem was featured along with key insights and its way forward after

Sri Lanka Agripreneurs’ Forum (SLAF) yesterday expressed grave concerns over the importation of a batch of contaminated organic fertilizer to the country.

The National Chamber of Exporters of Sri Lanka, addressing numerous issues faced by its members, instigated a series of webinars under the theme ‘Grow Beyond Traditional Markets’ in collaboration with Sri Lankan foreign missions overseas.

Affirming their deep-rooted commitment to sustainability, Sri Lanka’s leading diversified agribusiness company Watawala Plantations PLC (WPL) is strongly pushing for change within the industry with strong efforts to promote encourage sustainable ag