Costa Rican economist Rebeca Grynspan took up her new role as Secretary General of UNCTAD on September 13, for a four-year term.

HNB Finance PLC (HNBF) recently announced the appointment of Lalith Withana to the company’s board of directors as a non-independent, non-executive director, effective from September 10, 2021.

First Capital Holdings PLC, a Janashakthi Group company with over 35 years of industry knowledge, recently concluded its Annual General Meeting presenting the annual report 2020-21, on the theme of ‘Performance First’ to its shareholders.

Standard Chartered affirmed its position as one of the largest trade finance counter parties of the Asian Development Bank (ADB), winning the Most Responsive Bank Against COVID-19 Award, at Trade and Supply Chain Finance Programme Awards 2021.

In wake of the prevailing Covid-19 pandemic and its subsequent led to national lockdown in the country, Pearson, the world’s learning company, is committed to support the learners, educators, and partner ecosystem in Sri Lanka through digital mean

Sri Lanka’s trade deficit continued to expand in July 2021 from a year ago levels, as imports surged surpassing the increase in exports, amid the rise in global commodity prices and higher imported volumes.

Ajith Nivard Cabraal, who resigned from Parliament yesterday as a National List MP, is expected to assume duties as Governor of the Central Bank, on Thursday (16th).

The Central Bank has given instructions to licensed finance and leasing companies to extend the relief afforded to their pandemic-affected borrowers through the end of September, as the most recent round of relief expired on August 31, 2021.

Salt Collective (Pvt.) Ltd, a French hospitality development venture, will invest almost US $ 4 million to set up a 16-room boutique hotel in Ahungalla, in the southern coast of Sri Lanka.

Driven by long-term prospects and discounted prices, the Esufally family yesterday strengthened its controlling stake in Hemas Holding PLC by a further 1.68 percent, as a foreign shareholder divested its entire stake.

With 180 MW solar and wind power projects awaiting the approval of the government for over 10 months, two key players in the renewable energy sector expressed concerns on possible moves to undermine the competitive bidding methodology adopted to deve

Sri Lankan shares hit a near three-week low yesterday, ending down about 4 percent, as industrial stocks dropped. The CSE All-Share index was down 3.70 percent at 8,536.88 points at the closing bell, logging its worst day since February.

The joint venture (JV) company recently established in Bangladesh by Sri Lanka’s Capital Alliance (CAL) became the first JV entity to receive the Trading Right Entitlement Certificate on the Dhaka Stock Exchange (DSE) from the Bangladesh Securities

The insurance industry was able to achieve a growth of 14.36 percent in terms of overall Gross Written Premium (GWP), during the first quarter of 2021, recording an increase of Rs. 7,211 million when compared to the same period in the year 2020.

Blurring the line between physical and virtual, technology has revolutionized the way we receive services. Over the last decade, many economies have used technology to improve access to a range of quality and affordable facilities. With the COVID-19

Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch completely to organic agriculture – effective imm

President Gotabaya Rajapaksa has appointed Ajith Nivard Cabraal, who resigned from Parliament today, to the post of Governor of the Central Bank with effect from September 15, 2021.

Issues in internet connectivity led the Colombo Stock Exchange (CSE) to halt market operations today.

There were signs of excessive imports of certain categories up to July this year, reflecting front-loading by a section of traders, a claim, which was repeatedly made by the Central Bank, while partly attributing it to the current undue pressure on t

Sri Lanka’s foreign currency reserve assets recouped in August after sinking to post-war low in July as the country took receipts of new foreign inflows to prop up its reserves which came under severe pressure from foreign debt repayments and highe

One of Southeast Asia’s largest brush manufacturers and Sri Lanka’s pioneer in recycled plastic products, BPPL Holdings PLC, has become the only Sri Lankan company to enter Forbes 2021 ‘Asia’s 200 Best Under a Billion’ list.

Developing an effective and realistic master plan to conserve Sri Lanka’s forest ecosystem is critical for the development of the island nation, the World Bank (WB) stressed recently, since preserving the forest sector is essential for the economy,

WindForce PLC, the pioneers of renewable energy in Sri Lanka, is set to acquire Sky Solar (Pvt) Ltd owned by Sunshine Energy (Pvt) Ltd for a total consideration of Rs.265 million.

While claiming the upcoming appointment of the current State Minister Ajith Nivard Cabraal as the Central Bank (CB) Governor as “totally unacceptable,” former State Minister of Finance and Opposition MP Eran Wickramaratne voiced grave concerns on

Sri Lanka’s top consultancy service provider, EML Consultants Limited is set to become the second listed entity on the Empower Board of the Colombo Stock Exchange (CSE), as it gears to list 90.9 million voting shares of the company by way of an Int

Ambeon Holdings PLC remains acquisitive after the sale of its subsidiary, South Asia Textiles Limited to Hayleys Fabric PLC in April this year in a deal valued at little under Rs.4 billion as the diversified group is looking at consolidating its key

During the recent past, NDB Bank has been rapidly growing its digital footprint, capturing the digital banking landscape faster than any local bank. Identifying the bank’s excellence in the digital arena, NDB has been crowned with the Most Innovati

Commercial Bank of Ceylon has become the first bank in the country to launch a facility that enables the bank’s account holders and non-customers alike to seamlessly enjoy real-time banking services delivered through an interactive artificial intel

Seylan Bank, the Bank with a Heart, announced an exclusive partnership with Superbox to provide a secure payment gateway service for its customers to carry out safe and secure transactions hassle-free.

DFCC Bank, the pioneer in commercial banking, has extended further support to delivery vendors by facilitating the acceptance of digital payments, through platforms such as LankaQR and VisaQR at Remarko Bakers Mobile Outlets.