Ceylinco VIP yesterday held a series of protest demonstrations to raise awareness among motorists and the general public alike on mainstream issues Sri Lanka is facing—from drunk driving to drug menace to violence against women. Kicking off the

The 85th President of The Chartered Institute of Management Accountants (CIMA), Steven Swientozielskyj FCMA, CGMA, will be in Sri Lanka from September 8 to 14.  During his visit he i

Sri Lanka Buildcon 2018 and Sri Lanka Wood 2018, two trade shows organised by Futurex Trade Fair and Events (Pvt.) Ltd, a leading SAARC countries’ organiser in collaboration with Sri L

MAS Holdings entered into a joint venture agreement with Best Pacific International Holdings Limited earlier this year, which was formalized on August 1st with the official signing ceremony. 

COLOMBO (Reuters) - Sri Lankan shares ended slightly firmer yesterday, boosted by foreign buying, and posted their third straight week of gains. The Colombo stock index ended 0.09 percent firmer at 6,117.89. The bourse rose 0.6 percent during the wee

 HONG KONG (AFP) - Most Asian equities sank yesterday as investors fret that the US will ramp up its trade war with China by imposing fresh tariffs, while chip-makers were among the

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), recently launched the Sri Lanka Auditing Standard (SLAuS) for the Audits of Non – Specified Business Enterprises (Non-SBEs). 

Moody’s Investors Service does not see room for further rate cuts by Sri Lanka’s Central Bank as further easing in yields at home could threaten capital outflows from government securities, which will in turn put pressure on the currency

Fitch Ratings has affirmed National Insurance Trust Fund Board’s (NITF) National Insurer Financial Strength (IFS) Rating and National Long-Term Rating at ‘AA-(lka)’. The Outlook is Stable.    

(Colombo) REUTERS: Sri Lankan rupee hit a fresh low for the 13th straight session yesterday, but ended firmer after the Central Bank cut the net open positions of commercial banks, dealers said.

(Colombo) REUTERES: Sri Lankan shares ended weaker yesterday and turnover slumped to a near five-month low as investors stayed on the sidelines in the absence of fresh triggers.

Sri Lanka has much work to do for its economy to fully reap e-commerce benefits, according to an International Trade Centre (ITC) expert, who stressed the need to push for the necessary ref

Sri Lanka crossed the 200, 000 tourist arrival mark for a single month again as arrivals in August rose 4.9 percent year-on-year (YoY) to 200, 359, the data released by the Sri Lanka Touris

Sri Lanka plans to have its own country pavilion at the world’s largest consumer goods show, Ambiente in 2020 organised by Messe Frankfurt.  Addressing a media briefing in Colombo yesterday, Messe Frankfurt SP Sri Lanka CEO Omer Salahuddin

AFP: The British government said this week it will match European Union subsidies for farmers for around five years after Brexit until it puts in place a new system focusing more on environmental protection.

Sri Lankan corporates, which piled up heavy bank borrowings leading up to the balance of payment crisis in 2016, will have a tough time going forward as the borrowing costs will eat a bigger slice of their operating profits, weakening their debt serv

Microsoft plans to take the local start-ups to the next level supporting them to expand globally with the launch of the Microsoft ScaleUp programme in Sri Lanka. 

Suffering from little to no sustainable fiscal outcomes and the budget pumping excess demand through unsustainable budget deficits, Sri Lanka finally seems to be heading on a positive note to overcome these issues, according to Central Bank Governor

(Colombo) Reuters: Sri Lankan shares ended slightly weaker yesterday, snapping a five-session winning streak, on foreign selling.

The Petroleum Resources Development Ministry is preparing to call for Expressions of Interest (EOIs) this week, to issue new licences for lubricant imports, paving the way for new players to enter into the industry, under the third round of liberalis

(Colombo) Reuters: The Sri Lankan rupee hit a record low for a 12th straight session yesterday, tracking weakness in emerging markets stocks and currencies, while rising demand for the greenback from importers also weighed.

Following is the keynote speech delivered by MAS Holdings Chief Growth Officer and Director Nathan Sivagananathan at the 19th annual general meeting of the Tea Exporters’ Association, held on August 31, 2018.

The Ministry of Finance will launch a special hotline next week to receive public complaints on the Enterprise Sri Lanka (ESL) loan scheme as several reports have emerged that some banks have turned away the ESL loan applicants.

(Colombo) REUTERS: Sri Lankan shares rose for a fifth straight session yesterday and marked their highest close in more than three weeks, led by gains in banking and beverage stocks.

(Colombo) REUTERS: The Sri Lankan rupee fell to an all-time low yesterday, marking its 11th straight session of setting fresh record lows. The rupee, which hit a record low of 161.97 early in the trade, closed at 161.95/162.05 per dollar, compared wi

Ministry of Finance will launch a special hotline next week to receive public complaints on Enterprise Sri Lanka (ESL) loan scheme as several reports have emerged that some banks have turned away ESL loan applicants.

Sri Lanka’s striving logistics industry was yesterday advised by the government to take up a more proactive role in pushing the industry forward and overcoming prevailing challenges by capitalizing on the country’s strengths, so that the

Russian airline, Aeroflot, will re-launch regular non-stop flights to Colombo from October 28, the Moscow-based airline announced this week.  The airline stopped regular flights to Colombo around a decade ago.

Nathan Sivagananathan who drives strategy, growth and innovation at local apparel major  MAS Holdings, proposes Sri Lankan tea industry to set up a tea trade zone or a bonded hub

Businesses with a cumulative investment of approximately Rs.26 billion in the oil palm industry in Sri Lanka came together in Colombo on August 30, 2018, to formally inaugurate an industry association under the aegis of the Ceylon Chamber of Commerce