REUTERS: Singapore’s Central Bank head said yesterday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the virtual coins.

AFP: At least 75 people were injured yesterday when a mezzanine floor at Indonesia’s stock exchange building collapsed into the lobby, police said, with victims carried out of the debris-filled building on stretchers.

Altair, Colombo’s most distinctive luxury living marque, was the sponsor of the 146th Annual General Meeting and gala dinner of the Colombo Club, one of the oldest and most exclusive social clubs in Asia.

Stax Research Head Piyumi Kapugeekiyana, Ph.D, was recently a finalist and received a special mention for having the ‘Most Original Submission’ within the Professionals category at the ‘Peter Drucker Challenge’ organised for t

Stax Research Head Piyumi Kapugeekiyana, Ph.D, was recently a finalist and received a special mention for having the ‘Most Original Submission’ within the Professionals category at the ‘Peter Drucker Challenge’ organised for t

Perfect Business Solution Services (Pvt.) Ltd (PBSS) was rewarded with two Silver awards in the National and Western Province Medium category, at the recently concluded Federation of Chambers of Commerce and Industry of Sri Lanka  (FCCISL) Award

The National Development Bank PLC (NDB) Toastmasters Club was presented with the prestigious Golden Gavel Award for the third consecutive year at the Reverberation 2017 - Toastmasters International Conference, held in Chennai recently.

As the official banking partner for the Fairway Galle Literary Festival to be held from January 24 to 28, 2018, DFCC Bank aims to strengthen its commitment to supporting literature and art in Sri Lanka.

Leema Creations (Pvt.) Ltd, the leading total interior service provider and furniture manufacturer, won the Silver award for the Large Category segment at Entrepreneur of the Year Award 2017, organised annually by the Federation of Chambers of Commer

Merci Lanka Foundation, the pioneer interest free non-profit micro-finance organisation has launched a national reconciliation and integration week to express solidarity with President Maithripala Sirisena’s initiative to promote and strengthen

It is with profound sorrow that the National Chamber of Commerce records the demise of one of its well-respected past Presidents, Deshabandu Deivanayagam Eassuwaren.

MTI Consulting, Sri Lanka’s leading strategy consultancy with an international footprint, has moved into its new smart office at the Aitken Spence Towers on Vauxall Street.

REUTERS: Indonesia’s Central Bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

REUTERS: Tourist arrivals to Sri Lanka hit a record high in 2017, with the number of foreign visitors in December rising 8.8 percent year-on-year to an all-time monthly peak.

China Merchant Port Holdings (CMPort) made the payment of US$ 97.365million to the Sri Lanka Ports Authority (SLPA) as the second tranche of its investment in the Hambantota port.

Thirty MBA students and several professors from Stanford University visited Aitken Spence PLC as part of an intensive study tour to Sri Lanka recently. 

Sri Lanka’s number one investment banking firm and the preferred partner in financial markets, Capital Alliance Partners Limited (CAL), enters the year 2018 on a high note. 

REUTERS: Chilean officials on Saturday criticized the World Bank, saying it treated the South American country unfairly in its closely watched annual ‘Doing Business’ competitiveness rankings.

A special ceremony was organized to commemorate Thai Pongal at the Kotahena branch of People’s Bank under the patronage of Chief Executive Officer/General Manager of People’s Bank, N. Vasantha Kumar. 

The Central Bank of Sri Lanka must be careful when building up more foreign reserves than planned if they come at the cost of overall macroeconomic performance, according to the International Monetary Fund (IMF).

AFP:  Most Asian markets resumed their positive start to the year yesterday with Hong Kong extending its record run to 14 days while the euro held gains after the previous day’s jump.

AFP: German high-end carmaker BMW said yesterday it booked record sales for the seventh year in a row in 2017, but continued to trail rival Mercedes-Benz. The Munich-based group said in a statement that sales of its core BMW-brand cars rose by 4.2 pe

REUTERS: The Sri Lankan rupee closed weaker yesterday as dollar demand from importers and banks surpassed mild conversions by exporters, dealers said.  The spot rupee traded at 153.97 during the day before ending at 153.95/154.05, compared with

REUTERS: Sri Lankan shares fell for a fourth straight session yesterday to hit a more than one-week closing low on profit-booking in blue chip stocks.  The Colombo Stock Index ended 0.35 percent weaker at 6,473.62, its lowest close since Jan. 4.

With reference to our news item titled ‘Tensions run high at tourism office as SLTPB Chairman asked to leave’ which appeared yesterday, Tourism and Christian Affairs Minister John Amaratunga had sent the following clarification.

Ministry of Development Strategies and International Trade organized a two-day Round Table Investment Forum on Sri Lanka with Sovereign Wealth Funds (SWFs) in Colombo, under the patronage of Prime Minister Ranil Wickramasinghe and it was jointly host

The Pakistan Single Country Exhibition 2018, organised by Trade Development Authority of Pakistan (TDAP) in association with the High Commission of Pakistan in Sri Lanka, kicked off its third edition of the event at the BMICH yesterday.

Colombo’s culinary hub Waters Edge is where every food lover needs to be this year. Kick-Starting January the internationally acclaimed culinary and F&B teams at the hotel is putting together an array of food promotions dedicated to some of

The leading youth brand ‘deedat’ ended the year with a unique and exciting launch of the brand’s latest Active wear collection at the Kandy City Centre on December30th2017.

At Calamander Unawatuna Beach, the guests were treated to a spectacular display of lights, decorations and fabulous array of foods from all over the world. Partygoers feasted whilst the multi-talented band, 16 by Four, played songs from the pantheon