In its continued efforts to help Sri Lanka fight against the Covid-19 pandemic, SLT-Mobitel has donated high-dependency unit (HDU) beds to the Kegalle General Hospital, to support the critical care and treatment of COVID-19 patients.

For the first time in market history, the All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) crossed the 9000 point mark in early trade today.

The Internal Monetary Fund’s (IMF) US$ 800 million Special Drawing Rights (SDRs) allocation to Sri Lanka is only likely to provide some breathing space to the debt-ridden nation to delay a much needed IMF programme for a possible debt structuring u

The Central Bank has continued to remain a net purchaser of foreign currency from the domestic market in July in its pursuit to collect dollars from non-debt creating inflows to recoup part of its reserves, which shrunk the most during the month due

The Colombo Stock Exchange’s (CSE) benchmark All Share Price Index (ASPI) hit a new all-time high yesterday as investors continued to bet on blue chip stocks despite the overall economic gloom the country is experiencing due to a shortage of dollar

Sea Horse Yachts (Pvt) Limited (SHY) of the Maldives,will invest US$ 58 million to set up and operate a state-of-the-art yacht building facility at the Hambantota International Port Group (HIPG) premises, Sri Lanka’s apex investment promotion body,

Sri Lanka’s food security is likely to take a hit in the short- term as farmers across the island expect a drop in harvest with the government’s new fertilizer policy that is introduced to promote organic farming practices.

Full recovery of the tourism trade to its pre-pandemic levels appears to stretch through 2025 as authorities and other stakeholders have increasingly come to the realisation that any recovery is gradual and contingent on how the virus would evolve as

While calling for a fair price hike, Laugfs Gas PLC this week assured sufficient LPG supplies for all of its customers when the country opens up on 30th this month.

Sri Lanka is estimated to be losing Rs.260 million a day by remaining on the UK’s ‘red list’ for travel, the World Travel & Tourism Council (WTTC) said.

BoardPAC, the Sri Lanka-headquartered award-winning, paperless board meeting automation solutions provider, has announced the appointment of business leader Vijendran Watson as Chairman, with effect from August 2021.

With information technology continuing to play a critical role in steering ahead local and global economies, the Software Chapter of the Federation of Information Technology Industry of Sri Lanka (FITIS) will take the lead to produce exceptionally ta

Whilst the ambience might have been virtual, the recognition still remained highly reputed, as the Association of Chartered Certified Accountants (ACCA) held its prize winners awards ceremony on August 25, 2021, to recognise the affiliates who compl

The COVID-19 pandemic introduces new challenges for organisations looking to build and maintain a robust integrity framework.

Sri Lanka’s start-up ecosystem has grown significantly over the past 15 years, benefitting greatly from a fast-growing ICT sector, high rates of literacy, brain gain of highly qualified ICT professionals returning home, etc.

Sri Lanka’s debt problems are a topic of national conversation. Foreign reserves, already low at US $ 4 billion in May 2021 fell to US $ 2.8 billion after the most recent bond repayment of US $ 1 billion in July 2021.

Sri Lanka has immense potential to build itself as a destination for tech products and services, with the ICT/BPM industry being its fifth highest foreign revenue generator.

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached an all-time high today, hitting 8,920.71 points.

Tea production in July witnessed a marginal dip of 0.31 MnKgs when compared with the corresponding period the previous year. However, the July production of 26.16 MnKg is higher than the 25.93 MnKg recorded in June 2021.

Sri Lanka’s continuing to remain on the red list of the United Kingdom (UK) will result in a revenue bleed since for every single day it stays on the disruptive and damaging travel list, the island nation would lose over Rs. 260 million, the World

DFCC Bank announced its new partnership with JAT Holdings Limited, supported by the bank’s renowned 0 percent 12-month Easy Payment Plan for top-of-the-line JAT products that provide significant benefits to all interested DFCC Bank cardholders.

HNB’s Managing Director and CEO Jonathan Alles, in his capacity as the Chairman of Asian Bankers Association (ABA), inaugurated the ABA’s 37th General Meeting and Conference.

People’s Bank has joined hands with the Kandy Municipal Council to enable the citizens residing within the Council limits to conveniently pay their water bills using the LANKAQR network.

The Commercial Bank of Ceylon has been declared the ‘Best SME Bank’ in Sri Lanka and the ‘Best Foreign Bank’ in Bangladesh in 2021 by the UK-based Global Business Outlook (GBO) magazine which recognises and rewards excellence in businesses ar

A state-of-the-art digital platform that will help recruiters to navigate a database of jobseekers, profiles of candidates, sort them by experience, job relevance, qualifications and many more will be a new feature CH17 will offer all its corporate c

Advantis 3PL Plus, a member of the Hayleys Advantis Group has won the ‘Best in Diversity and Impact Management Award’ at the Asian HR Leadership Awards and was ranked amongst the 100 Best Small-Medium Workplaces in Asia for 2021 by Great Place to

McLarens Group, one of Sri Lanka’s largest diversified conglomerates has been recognized among the 70 best large workplaces in Asia by the global authority on workplace culture Great Place to Work.

Reinforcing an early cap imposed on the foreign currency-denominated deposits by the local banks, the Central Bank yesterday issued an order stipulating the maximum rate at 5.0 percent for deposits denominated in foreign currency up to one year, barr

Currency in circulation has gradually reached almost a trillion rupees by mid-August, in response to the extraordinary support extended by the monetary policy by way of liquidity made available and the fast descent in the interest rates since the on

The escalation in food prices witnessed in Sri Lanka as it grapples with the pandemic has placed the island nation amongst the four countries in South Asia that has the largest increase in food price inflation, according to the Asian Development Bank