‘BOC Multi-Currency Travel Card- MCTC’ is now upgraded with benefits that add more security and convenience with Near Field Communication (NFC) and 3-D secure authentication service for e-commerce transactions.

Sri Lanka Insurance has been recognised as a ‘Great Place to Work’ in Sri Lanka reiterating the insurer’s commitment towards building an empowering working culture.

with a view to addressing current market conditions, AIA Insurance recently redesigned and launched its flagship savings product, AIA Smart Wealth, enhancing its value and proposition to Sri Lankans.

Seylan Bank has observed that COVID-19 has landed a heavy blow on Sri Lankan small and medium enterprises (SMEs), with wide spread adverse effects across multiple sectors and regions.

The currency in circulation rose the most during the first half of the year, as the Central Bank provided unprecedented stimulus by way of liquidity injections, which gained pace since the onset of the pandemic last year.

Sri Lanka’s trade deficit expanded for the third consecutive month on a year-on-year (YoY) basis in May to US $ 716 million, from US $ 407 million a year ago, amid the rising global oil prices and recovery in imports.

In what appears to be a sign of renewed optimism for the economy to jump start from the perceived setback in the second quarter, the Central Bank indicated it expects the banking sector to unleash anywhere north of Rs.800 billion in fresh private sec

Fitch Ratings has assigned Siyapatha Finance PLC’s (A(lka)/Stable) proposed Sri Lankan rupee subordinated listed debentures an expected National Long-Term Rating of ‘BBB+(lka)(EXP)’.

Rank Holdings fame Ravi Wijeratne yesterday announced a mandatory offer to acquire the remaining shares of SMB Leasing, after increasing his stake in the company over the 30 percent threshold, following a right issue.

Sanjeeva Jayawardena, President’s Counsel, has been reappointed to the Monetary Board of the Central Bank of Sri Lanka (CBSL), for a fresh term of six years, up to June 2027, by President Gotabaya Rajapaksa, consequent to his nomination being appro

Sri Lankan shares closed higher for a fourth straight session yesterday, helped by gains in financial stocks and consumer staples.

Sri Lanka has further eased restrictions for tourists by allowing quarantine-free entry for those fully-vaccinated, a step that would provide the much required impetus for the struggling industry.

The shipping industry is divided over the recent guidelines issued by the Director General of Merchant Shipping (DGMS), imposing caps on maximum charges payable by importers to service providers in recovering their import consignments, which was lobb

Manohari Abeyesekera, Director/Chairperson Audit Committee of National Savings Bank (NSB), has been elected by the CIMA Members to represent South Asia in the Chartered Institute of Management Accountants (CIMA- UK) Global Council for a three-year te

The Event Management Association Sri Lanka (EMASL) this week called on the government to stop giving the industry step motherly treatment since it is on the​​ brink of collapsing with hardly any work since the beginning of the pandemic.

WindForce Ltd., has been approved by the Institution of Engineers Sri Lanka (IESL) as a training organisation for graduate engineers for corporate membership in electrical engineering.

CIPM Sri Lanka aims to revamp the current landscape for employee reward management by producing specialized human resource professionals with a strong focus and understanding of its practical aspects through the recently announced Certificate Course

Schools should be the last to close and the first to reopen, said the United Nations Children’s Emergency Fund (UNICEF) in its latest statement which highlighted that the continuing of the ongoing scenario would lead to detrimental results for youn

The cleanup operation of the minor oil that took place at the Hambantota International Port (HIP) earlier this week, has reached completion, port officials said today.

The Ceylon Petroleum Corporation (CPC) plans to float international tenders for the construction of the proposed new oil refinery adjoining its existing oil refinery in Sapugaskanda as a public-private partnership (PPP) project either on build–oper

Sri Lanka Ports Authority (SLPA) has initiated the structural design work and preparation of tender documents for civil engineering work to develop and operate the East Container Terminal (ECT) under State’s full ownership.

The government has taken a decision to popularise electric vehicles in Sri Lanka, although the importation of personal vehicles to the country—electric or gasoline—had been completely barred since April 2020 amid the country’s dwindling foreign

Tourism sector stakeholders yesterday welcomed the appointment of Basil Rajapaksa as the Finance Minister, and expressed confidence in receiving his support for industry revival.

Tourism Ministry this week received the Cabinet nod to promote Sri Lanka as a favourable destination for ‘digital nomads’, an effort that would assist the hard-hit industry to steer though the new normal.

Browns Investment PLC (BIL), under which LOLC’s non-financial services businesses are structured, yesterday announced its move to acquire a luxury hotel in Mauritius owned by PL Resort Ltd.

Former MP Jayantha Ketagoda and National Youth Services Council Chairman Theshara Jayasinghe have been appointed as the new Chairmen of Sri Lanka Insurance Corporation (SLIC) and Litro Gas Lanka Limited.

Sri Lankan shares closed higher yesterday, boosted by gains in financial and consumer staples stocks. The CSE All-Share index settled up 0.60 percent at 7,913.47.

DFCC Bank, the premier commercial bank in Sri Lanka, has been at the forefront of enhancing the development of the nation’s dairy sector through innovative microfinancing solutions from specialised value chain financing schemes.

Kotmale has become one of Sri Lanka’s national dairy brands contributing to the nourishment of the country and strengthening the local dairy farming community. As a fully-owned subsidiary of leading food company Cargills (Ceylon) PLC, Kotmale is a

Sumathi Information Technologies (SiT), a subsidiary of Sumathi Holdings, has now ventured further paving the way to provide feasible and efficient solutions for agriculture in Sri Lanka.