AFP: International Monetary Fund (IMF) chief Christine Lagarde has urged France and other countries to push through reforms “while the sun is shining” on the global economy.

Global stock markets had a good spurt in 2017. But as the old saying goes, every party has to end sometime. That’s the troubling thought that’s been nagging at many investors this year, even as they’ve continued to profit from globa

REUTERS: Japan’s Nippon Life Insurance Co , which recently struck a deal to buy about a quarter of U.S. investment firm TCW Group, is scouting for opportunities to buy boutique managers of bonds and alternative assets, its president said.

Cargills Bank Limited yesterday announced the appointment of Rajendra Theagarajah as its Managing Director (MD)/Chief Executive Officer (CEO) from January 1, 2018.  

Crown Royal Security Services (Private) Limited, a member of the Crown Royal Holdings (Pvt) Ltd, recently received a merit award in the large scale of the service sector category at the Social Dialogue & Workplace Cooperation Awards 2017 organize

The Census and Statistics Department (DCS) requires more resources if the new economic measurements introduced are to be followed properly, the Central Bank said last week.

Women in Logistics and Transport (WiLAT) Sri Lanka celebrated the fourth anniversary of its flagship mentoring programme on November 16th at The Kingsbury Hotel, Colombo.

The United States Agency for International Development (USAID)’s initiative to strengthen youth employability and skills development project, YouLead!, concluded a four-day youth leadership forum on December 9th, 2017 at Trace Expert City, Colo

As much as 40 percent of the world’s oceans are adversely affected by human activities, including pollution, depleted fisheries and loss of coastal habitats, stated Pathfinder Foundation Center for Indo-Lanka relations Director Admiral Dr. Jaya

The Central Bank last week defended itself against the accusations of misconduct made by the stakeholders of the troubled financial institution, Central Investment and Finance PLC (CIFL), saying that the banking and finance sector regulator has acted

The Institute of National Security Studies Sri Lanka (INSSSL) launched an Annual Memorial Lecture Series in honour of Lieutenant General Denzil Lakshman Kobbekaduwa.

Imperial Spices, a leading exporter of spices, was presented with the much coveted Gold award for Excellence in Business and Financial Results and Export Sector (Large Category) and a Silver award in Large category at the National Business Excellence

Pee Bee Management Services (Pvt.) Ltd, manufacturer and owner of Flora Tissues household brand, was recently crowned with a prestigious BIZZ award by World Confederation of Businesses (WORLDCOB) for its inspiring business journey in addition to bein

Sri Lanka’s consumer prices in December rose 7.1 percent from a year earlier, easing from the previous month’s 7.6 percent, government data showed yesterday.  Core annual inflation, which excludes fresh food, energy, transport, rice

The Planters’ Association of Ceylon (PA) yesterday commended the Plantation Industries Ministry, Sri Lanka Tea Board and all other state and diplomatic officials that played a role in negotiating the lifting of the temporary suspension of Lanka

REUTERS: The Sri Lankan rupee closed lower yesterday, ending the year 2.5 percent weaker, as demand for dollars from importers and banks outweighed inward remittances and conversion of the U.S. currency by exporters, dealers said. 

REUTERS:  Sri Lankan shares rose for a sixth straight session in muted trade yesterday, ending 2017 with a modest 2.3 percent gain after two consecutive  annual losses.

AFP: India warned yesterday against investing in cryptocurrencies including bitcoin, likening them to “Ponzi schemes”, as it became the latest country to urge caution. Despite a boom in trade that has seen prices soar, cryptocurrencies &l

In continuing to give leadership to corporates in the country to adhere to the best practices of corporate governance, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the revised Code of Best Practice on Corporate

AFP: The dollar suffered fresh pressure yesterday as traders cash in the recent gains fuelled by Donald Trump’s tax cuts, while most Asian equities were on course to end a strong year on a positive note.

AFP: Bali’s palm-fringed Kuta beach has long been a favourite with tourists seeking sun and surf, but nowadays its golden shoreline is disappearing under a mountain of garbage.

Non-renewal of US Generalized System of Preferences (GSP) does not affect our US trade in a significant way, said Industry and Commerce Minister Rishad Bathiudeen at a meeting with top officials at his ministry yesterday.  

Samson Rajarata Tiles (Pvt.) Ltd. was acclaimed the Winner in the Chemicals, Ceramics and Glass Manufacturing

REUTERS: Nomura Holdings Inc is ready to serve wealthy Chinese as soon as the world’s second-largest economy allows foreign financial institutions to open securities brokerages, the Chief Executive of Japan’s biggest brokerage and investm

Fairfirst Insurance’s latest partnership was with the All-Island School Children Transport Association, an independent body of school van drivers whose objective is to raise awareness on the yellow colour school van concept and ensure the safet

The much awaited annual Christmas carols presented by the HNB staff was held at the bank’s auditorium on the 15th of this month with Malcom Cardinal Ranjith gracing the occasion. 

A child’s greatest wish during the festive season is to see the famed Santa Clause bring gifts, and NDB made that wish come true.

The Commercial Bank of Ceylon recently opened its 261st branch in Sri Lanka in Kolonnawa, strengthening its presence in the north eastern outskirts of Colombo city. 

SDB bank in association with Lanka Pay implemented the CEFT (Common Electronic Fund Transfer) facility for its valued customers in order to allow immediate fund transfers between accounts. 

Commercial Development Company PLC, a subsidiary of the Commercial Bank of Ceylon, recently moved to new premises at 8-4/2, York Arcade Building,Leyden Bastion Road, Colombo 1.