Former Director General of the World Trade Organisation (WTO) Pascal Lamy, inter-ministerial delegate in charge of the preparation of the French candidature for the World Expo 2025 will arrive to Sri Lanka on January5thto present the French bid.

The first sale of the year concluded this Wednesday had on offer 5.8 million-kilograms. Low Growns (large leaf teas) witnessed a buoyant market whilst weak demand was encountered by the high and mid grown small 

The Hindu: Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in strategic CPEC projects.

Chandula Abeywickrema, the Chairman of Lanka Impact Investing Network (Pvt.) Ltd (LIIN), the first impact investing private equity fund and network of Sri Lankan Impact Investors and the Co-Fonder of Ath Pavura, the first TV reality show for social e

The apex hotel association in the country yesterday expressed dismay over ‘no locals allowed’ policy of certain hotels in the country, who are not the members of their association.

Cargills Bank Limited made a recurring net loss of Rs.16 million for the third quarter ended in September 30, 2017 from a profit of Rs.26.4 million during the corresponding quarter last year, as loan loss provisions rose and operating expenditure swe

Over 502 million ordinary voting shares of Jetwing Symphony Ltd. will debut on the Colombo Stock Exchange today. The share under the security code JETS-N-0000 will be listed on the secondary Diri Savi Board.

Renuka Capital PLC, formerly Kalamazoo Systems PLC, this week bought 2.1 million shares or 12.25 percent of On’ally Holdings PLC, the owners and operators of the Unity Plaza building in Bambalapitiya, for Rs.103 million.

DFCC Bank PLC yesterday announced its director board’s decision to raise up to Rs.7 billion as Basel III compliant subordinated debt. 

The Central Bank will transition towards a Flexible Inflation Targeting (FIT) framework by 2020 under a new Monetary Law Act, Central Bank Governor Dr. Indrajit Coomaraswamy said this week.

The Central Bank will tighten the screws when regulating the Non-Banking Financial Institutions (NBFIs) going forward and remain committed to consolidation in the financial sector, Central Bank Governor Dr. Indrajit Coomaraswamy said.

Work on the US $ 1.4 billion China-funded Colombo Port City is steaming ahead. The developing company, China Harbour, is expected to invest a further US $ 1 billion on the construction of three 60-storey buildings within the Port City that will house

Avian technologies, a leading provider of total unified threat management and secure content management

GroupM Sri Lanka became the country’s most awarded media agency in 2017, successfully adding another

Since the withdrawal of the United States from the 12-country Trans-Pacific Partnership (TPP) early this year, the once promising mega trade deal has lost momentum. 

Electric cars are all over the media as major disrupters of urban mobility. These stories seem to consign to oblivion that electric cars take up as much space as their combustion counterparts and, arguably, take up even more of our time than guzzler

The highly anticipated 2018 budget of the Sri Lankan government concluded recently with a number of surprises that were not seen in budget proposals in the past few years. 

Sri Lanka Export Development Board (EDB) having collaborated with Asian Development Bank carried out a study to identify issues being encountered by companies in their value chains pertaining to few identified sectors in Sri Lanka such as Rubber, Fru

Palm oil has gained notoriety for its links to tropical deforestation, biodiversity loss, greenhouse gas emissions, disturbance of carbon-rich peat land, exploitation of workers and land grabs.

The inauguration of business activities for 2018 at Sri Lanka Insurance took place on January 2 amidst a gathering comprising Chairman SLIC Hemaka Amarasuriya and Executive Director Nilu Wijedasa. 

The Bank of Ceylon commenced its banking activities for 2018-New Year celebrations with a multi-religious ceremony and the launching of the bank’s newest mobile application ‘B-App’ with the patronage of Chairman Ronald C. Perera and

Cargills Bank opened its new branch in Kaduruwela in December last year, located at 896, Nidahas Swarna Jayanthi Mawatha, Kaduruwela.  

The Chairman Ananda Athukorala, CEO Dimantha Seneviratne, management and the staff of the National Development Bank PLC celebrated the first working day of the year 2018 at their Nawam Mawatha 

Sri Lankan motor racing champion Dilantha Malagamuwa recently became a Pan Asia Bank World Mastercard holder where he accepted his World Mastercard Credit Card from Pan Asia Bank’s DGM- Marketing and Personal Banking Nalaka Wijayawardane at Pan

NDB celebrated the reach of Rs. 4 billion worth of mobile banking transactions in December 2017, prior to the end of the year. 

The Central Bank of Sri Lanka yesterday launched its ‘Road Map 2018: The Monetary and Financial Sector Policies for 2018 and Beyond’ in the presence of the cream of the country’s banking and finance sector, top public officials, mem

All goals for the year ahead and plans that one wishes to see to fruition will be that much easier to achieve if one is healthy. With this in mind, Nations Trust Bank (NTB) American Express (Amex) cards entitle card-members to exclusive savings and p

PickMe, Sri Lanka’s most innovative ride-hailing service announced the appointment of Isira Perera as the Chief Operating Officer (COO) with effect from December 1st 2017.

DHL Express, the world’s leading international express services provider, has been named 2018 Top Employer for Asia Pacific as well as eight countries in the region: Australia, Hong Kong, India, Malaysia, New Zealand, the Philippines, Singapore

Dinara Clothing (Pvt.) Ltd seized the Silver award in the large-scale category for the Central Province at the Entrepreneur of The Year Awards 2017 organised by Federation of Chambers of Commerce and Industries of Sri Lanka (FCCISL).