AFP: Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said this week.

REUTERS: The Sri Lankan rupee closed slightly firmer yesterday due to dollar conversions by exporters, but demand for the U.S. currency from banks capped the gains, dealers said. 

The United States’ Generalized System of Preferences (GSP) programme was discontinued for 120 countries across the world, with effect from the 1st of January 2018. Sri Lanka is one of them.

State-owned Lanka Sathosa shopping chain has dramatically ascended to become the largest retail player in Sri Lanka, beating all other local supermarket brands unmistakably.

Jetwing Symphony Limited rang the opening bell to commence trading and celebrate the listing of its shares as the first listing at the Colombo Stock Exchange (CSE) for 2018. 

Tourist arrivals to Sri Lanka reached an all-time high of 2,116,407 in 2017, according to the latest data released by the Sri Lanka Tourism Development Authority. The arrival figure for 2017 represents a 3.2 growth or 65,595 more arrivals over the pr

AFP: The equity rally that has kicked off 2018 continued yesterday, with Asian markets picking up the baton from another set of records on Wall Street. Dealers are now turning their attention to the release later in the day of key US jobs data, which

The Monetary Board of the Central Bank has extended the suspension on controversial primary dealer Perpetual Treasury for a period of six months from January 5, 2018.

Synapsys, the FinTech subsidiary of DFCC Bank, recently signed an agreement with Tenaga Car Parks (Pvt

Eimsky Business Solutions Pvt Ltd, providing world class customizable software solutions serving multiple

BBDO Lanka celebrated its three big wins, and the season, under the theme ‘Just Clap’ at the Gregory’s Room, Taj Samudra on December 15th.

The NASCO Awards held annually to recognise and reward sales leadership organised by the apex national marketing body in the country, the Sri Lanka Institute of Marketing saw its timely theme of ‘Prepare to take charge’ fittingly crown me

Airtel Lanka walked away with a Silver award at the People Development Awards 2017 organised by the Sri Lanka Institute of Training and Development (SLITAD). The award recognises public and private sector organisations from Sri Lanka’s corporat

Waves, Sri Lanka’s only natural flip-flops, won the Merit award for ‘The Innovative Brand of the Year’, for its novel concept ‘Make your own Waves’, at the recently concluded 16th SLIM Brand Excellence Awards.

GroupM Sri Lanka became the country’s most awarded media agency in 2017, successfully adding another two medals to its collection at the Campaign Asia Agency of the Year Awards in Mumbai on December 5th 2017.

Oppo, the selfie expert and leader, recently unveiled the Oppo F5 Youth especially targeted towards the next generation, the youth.

The pioneer in providing British higher education in Sri Lanka, the Informatics Institute of Technology (IIT) once again bagged multiple accolades for innovation at prominent ICT competitions which were held recently.

Digital transformation and product innovation are driving the global tech economy to great levels of success.

Huawei, the number one growing smartphone brand in Sri Lanka conducted exclusive ‘Tech Service Days’ across the island spanning a three month period. The Tech Service Days were offered exclusively for Huawei customers who had the opportun

For the first time in Sri Lanka, Sampath Bank, the pioneer in innovative banking solutions, recently launched Slip-less transactions to provide its customers with even greater convenience by ridding them of cumbersome form filling. 

The staff of People’s Bank commenced operations in the new year, 2018, giving the service oath.

Lankaputhra Development Bank (LDB) inaugurated its business activities for the new year 2018 recently, blessing  the country.

The staff of SDB bank head office began the year 2018 with a Buddhist religious ceremony.

REUTERS: Investors are suing Germany’s biggest lender Deutsche Bank for 740 million euros, alleging they were underpaid for shares in subsidiary Postbank, local media reported Wednesday.

Persevering in its mission to inculcate the savings habit amongst the nation’s population, DFCC Bank yet again introduces an exciting new year campaign named ‘DFCC Season of Gifts’ for customers to secure their financial future by o

Commercial Bank of Ceylon PLC has been recognised as the ‘Best Digital Bank’ in Sri Lanka and has been presented the award for the ‘Best Mobile Banking Application’ by the prestigious London-based ‘World Finance’ m

New year is typically a time to review one’s life and to set new goals through resolutions. But whilst many will focus on personal goals such as going the gym or spending time with one’s family, financial goals can be just as important: s

Malaysian Prime Minister Najib Razak, who was on an official visit to Sri Lanka in December 2017 to mark the 60th anniversary of diplomatic relations between the two countries, has agreed with his counterparts to expand cooperation in fields such as

AFP: China will invest US$1 billion in the construction of three 60-storey buildings at a mega-project near Sri Lanka’s main port, Colombo, as Beijing aims to boost its influence in the Indian Ocean.

Creating the perfect opportunities for industries to prosper, Lanka Exhibition and Conference Services (Pvt.) Ltd (LECS) has been a true facilitator of trade for well over a decade.