REUTERS: The Sri Lankan rupee closed marginally firmer yesterday, as dollar conversions by exporters outpaced importer demand for the U.S. currency, dealers said.

REUTERS: Sri Lankan shares hit a one-week closing low yesterday, as investors waited for clarity on new taxes in the national budget and on key legislations, although selling by foreign investors in Commercial Bank of Ceylon helped boost turnover.

The Monetary Board of the Central Bank yesterday informed the Colombo Stock Exchange that it cancelled the licence granted to Central Investment and Finance PLC (CIFL).

Despite the hue and cry made by the public and a certain section of the business community on Sri Lanka’s trade deficit with its neighbouring giant, a top economist asserted such arguments do not show the real picture of the situation at hand a

In January this year, Prime Minister Ranil Wickremesinghe went on record saying the country targeted attracting US $ 5 billion in foreign investment over the next five to 10 years.

Coinciding with World Diabetes Day of which the theme this year was ‘Woman and Diabetes’, Healthy Life Clinic together with the Women’s Chamber of Industry and Commerce (WCICSL) recently organized a special awareness workshop.

In what continues to be a promising year for foreign investor involvement at the Colombo bourse, 2017 has recorded an all-time high foreign investor interest, with Rs.105.1 billion (year-to-date) in foreign purchases, passing the previous record of R

The Sri Lankan market will only be exposed to preferential foreign access over an eight to 10-year period under the trade agreements the government is currently negotiating, according to Prime Minister Ranil Wickremesinghe.

The Board of Investment (BOI) will discontinue the existing ownership structures for the new export processing zones (EPZs) and follow a public-private partnership (PPP) process, which will be exemplified by Rojana’s development of the Milleniy

Ceylinco Insurance PLC recorded a positive growth in gross written premiums (GWPs) during the three months to September (3Q17) as the insurance giant expanded business despite the challenging market conditions, particularly with regards to its life s

Indo-Sri Lanka trade has the potential to reach new heights if the island nation is ready to do away with its obsession with Tamil Nadu, a top economist said, a move according to him, would also help to iron out the issues in boosting Lankan exports

Sri Lanka’s premium healthcare partner Hemas Hospitals Thalawathugoda conducted a special awareness campaign in lieu of the World Diabetes day which fell on November 14th.

The Informatics Institute of Technology (IIT) held its convocation at BMICH for the 23rd consecutive year recently. 

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that Commercial Bank of Ceylon will replace its current digital platform with an integrated digital banking solution from Fiserv to speed the delivery of ne

Nations Personal Investment Plans by Nations Trust Bank offers a guaranteed interest rate of 9 percent p.a for the period of investment.

Eagle Logistics Colombo (Pvt.) Ltd had its Annual Staff Awards night at Grand Oriental Hotel recently.  Pictures show the highlights of the event.

This festive season consider investing in a regular savings plan instead of splurging everything on gifts for family and friends. 

eChannelling has successfully earned the ISO 9001:2015 certification and version upgrade as a measure of the consistent quality of the products and services it offers in order to enhance service standards.

Development Strategies and International Trade Ministry in collaboration with the Export Development Board (EDB) organized the 12th Exporters Forum at the EDB Auditorium on November 21, 2017.

Asian International Academy (AIA), an institute focusing on innovation, equality and contemporary study programmes, recently announced the launch of the world renowned U.S. Certified Public Accountants (CPA) preparation course for Sri Lankan professi

For almost 40 years, St. George’s University (SGU) has been training more than 17,000 doctors who have practiced in over 50 countries and in all 50 US states. 

The National Chamber of Exporters (NCE) conducted a post-budget forum recently at The Kingsbury Hotel, attended by a large number of participants from the exporter community. Finance and Mass Media State Minister Eran Wickramaratne, who graced the ev

Huawei is participating in the Smart City Expo World Congress 2017 (SCEWC) in Barcelona under the theme of ‘Leading New ICT, Creating a Smart City Nervous System,” highlighting how a Smart City can be like a living organism that works sea

Sarvodaya Development Finance has shown significant growth based on the 6 months financial results ending 30th September 2017. 

Berendina Micro Investments Company (BMIC) has announced its award programme to recognize outstanding entrepreneurship is slated to be held in November 24 2017 at MAS fabric part, Thulhiriya from 1:00p.m. to 5:30p.m..

Speaking on behalf of the Exporters’ Association of Sri Lanka (EASL), EASL Chairman Harin de Silva welcomes the 2018 budget under Vision 2025 and its proposals to revamp Sri Lanka’s trade policies to enable an export-driven economy. 

NDB Bank’s payments and settlements process has once again won international recognition for quality, timeliness and straight through processing of international payments effected.

Virtusa Corporation reported consolidated financial results for the second quarter fiscal 2018, ended September 30, 2017 recently.

The National Chamber of Commerce of Sri Lanka (NCCSL) will hold a half-day seminar on ‘Budget 2018 Highlights’ on Monday, November 27, 2017, from 9:00 a.m. to 12:30 p.m., at the National Chamber Auditorium, No: 450, D.R. Wijewardena Mawat

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