Bank of Ceylon (BOC) recently inaugurated an international symposium on innovative banking titled ‘InnovBank’, commemorating the bank’s 80th anniversary, under the theme ‘Innovative Banking in a Smart World’.

Cargills Bank has introduced attractive interest rates for senior citizens’ fixed deposits mingled with dscounts on pharmaceutical purchases at Cargills Food City by partnering with Sri Lanka’s leading modern retailer, Cargills Foods Company (Pvt

The National Chamber of Commerce of Sri Lanka (NCCSL) yesterday signed a Memorandum of Understanding (MoU) with the Polish Chamber of Commerce (PCC), to strengthen ties, establish trade and develop economic relations between the two countries.

Yunnan Green Food Promotion and Conference, jointly organized by Department of Commerce of Yunnan Province, Yunnan Commercial Representative Office in Colombo, Yunnan International Trade and Investment Service Center, Ceylon Chamber of Commerce, Fede

The third in the series of the popular Fireside Chat series will be hosted by the International Chamber of Commerce Sri Lanka (ICC Sri Lanka) together with Daily FT.

The Ceylon Chamber of Commerce will be organising a workshop on Food Risk Communication, in collaboration with the Food Industry Asia (FIA).

The 5th edition of Intex South Asia in Sri Lanka will take place at BMICH, Colombo, from 13-15 November 2019.

New Democratic Front (NDF) Presidential Candidate Sajith Premadasa signed the country’s first environmental charter recently, at an event held at the Taj Samudra, Colombo. An initiative undertaken by Minister Premadasa, the charter aims to undertak

Although Sri Lanka’s ongoing programme with the International Monetary Fund (IMF) is reaching its final stages, the country’s next government will have to maintain a healthy relationship with the multilateral lender to avert risking a Greek-style

The performance of Sri Lanka’s largest listed company, John Keells Holdings PLC (JKH) was hampered by its weak leisure sector operations hit by Easter Sunday attacks which dealt a crippling blow to the country’s booming tourism and hospitality in

Union Bank of Colombo PLC reported higher earnings for the period ended September 30, 2019 (3Q19), but the core-banking operations remained muted due to slower growth in new loans as the country’s depressed economy looks for a catalyst beyond low i

Sri Lanka will receive US$ 164 million from the International Monetary Fund (IMF), as the island nation successfully completed the sixth review of its economic performance under the programme supported by an extended arrangement under the Extended Fu

Union Assurance PLC, one of the largest life insurance companies in Sri Lanka, has appointed Jude Gomes as the new Chief Executive Officer.

Sri Lanka’s maiden US$ 500 million (60 billion yen) 10 -year Samurai bond issuance has been pushed to December from this month, mainly due to extensive translation work involved in the issuance.

The Central Bank will seek Attorney General’s (AG) advice on how to proceed with the five forensic audit reports on the alleged bond scams and Rs.2.2 trillion Employees’ Provident Fund (EPF) transactions, which are scheduled to be completed by No

Sri Lanka’s inflation inched higher towards the upper band desired by the Central Bank in October due to a sharp increase in the food prices and the base effects coming from the same month last year.

Anne Mulcahy – former Chairperson and CEO of Xerox Corporation, was born in 1952, in New York, USA. She was the only daughter in her family and attended Catholic school as a child. She received a B.A. in English and Journalism from University in Ta

The annual CXO Forum of the Chartered Institute of Management Accountants (CIMA) in Sri Lanka was held recently, at Hilton Colombo Residences.

The University of Jaffna for the first-time in its history is to host a guest lecture by Central Bank Governor Dr. Indrajit Coomaraswamy. He will deliver a special lecture entitled ‘Strengthening framework for policy formulation to address the macr

The University Grants Commission (UGC) urges Sri Lanka’s professional bodies not to be threatened by the Quality Assurance (QA) and Accreditation Bill, while insisting that the bill would enhance the credibility of a degree or diploma programme loc

A team of international consultants from MTI has engaged with Thimphu Tech-Park (TTP), advising and sharing the best practices on start-up eco-systems in frontier and emerging markets.

Asia’s largest conference on Organisational Excellence – the second International Conference on Organisational Excellence and Lean Six Sigma and second SSMI graduation ceremony, organised by Dr. Mikel J. Harry of the Six Sigma Management Institut

Sri Lankan shares rose yesterday in high turnover and closed at their highest in 10 months, as investors took positions two weeks ahead of presidential polls, analysts said. Sajith Premadasa, the Housing Minister and one of the two presidential fron

Sri Lanka Telecom (SLT), successfully launched the first ever ‘SLT Digitastic’ Digital Lifestyle Expo at Infotel 2019. “SLT Digitastic” will be held in parallel to Infotel between November 1st to 3rd the Sirimavo Bandaranaike Memorial Hall B

NEW YORK (AFP) - Boeing announced Thursday that dozens of its popular 737NG planes had been taken out of service after cracks in them were detected, marking another setback for the crisis-stricken US aircraft maker. The new difficulties com

PARIS (AFP) - The biggest listed oil and gas giants must slash production by more than a third by 2040 to keep emissions within targets laid out in the landmark Paris climate deal, an industry watchdog said yesterday. Carbon Tr

In response to rising consumer demand for LP Gas, Laugfs Gas PLC has doubled its supply and continues to work around the clock. In the aftermath of the global LPG shortage following the drone attack at Saudi Aramco oil processing facilities, Laugfs

BANGKOK (AFP) - Southeast Asian leaders will race to get a sprawling China-backed trade pact over the line at a regional meeting in Thailand this weekend, as Beijing’s bruising trade war with Washington rumbles on. If signed, the Regiona

HONG KONG (AFP) - Most Asian markets rose yesterday as traders overcame early jitters about the China-US trade talks that were fuelled by a report saying Beijing officials had raised doubts about the chances of a long-term deal. Investors were also s