REUTERS: Sri Lankan shares fell in thin trade yesterday, as the market took a breather after hitting a near three-month high in the previous session, with foreign investors net selling equities ahead of the national budget.

REUTERS: The Sri Lankan rupee closed higher yesterday as late exporter dollar conversions and remittances surpassed demand from importers for the greenback, dealers said.

Sri Lanka’s estate sector residents on average were in debt last year and possibly malnourished, spending more than they were earning mostly on non-food expenditure, according to the Household Income and Expenditure Survey (HIES) 2016 of the Ce

Oil prices held steady yesterday, with Brent crude hovering near US $ 60 a barrel, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. International benchmark Brent crude futures LCOc1 were up 3 ce

The Crysbro Group well-known for quality, freshness and innovation in breeding and processing of chicken in Sri Lanka for over four decades  will take the initiative of sponsoring Sri Lanka Housewives’ Association in the landmark year 2018

Mobitel’s Cash Bonanza Montero Extravaganza programme continues to reach unprecedented heights in September, witnessing a growing number of customers participate as a result of the exciting prizes on offer.

During the month of October, Pooja Umashankar paid a series of surprise visits to Airtel retailers in Colombo, Gampaha, Kandy and across the East coast.

Since its launch late last year by CBL Global Foods, ‘Sera Real Coconut Milk’ has rapidly expanded its market share to become a household brand across Sri Lanka. CBL Global Foods is backed 

Dialog Axiata PLC recently announced the launch of ‘Connected Home’, a futuristic home automation solution which is to be one of the many revolutionary solutions introduced under Dialog Smartlife - the latest innovation in digital lifesty

Finco Technologies was the proud winner of the ‘Best Master Commercial Reseller’ in the Asia Pacific Region for the sixth consecutive year at the NEC Regional Partner  Conference in 2017 (H1).

E-W Information Systems Limited (EWIS), a pioneer within Sri Lanka’s ICT industry has launched the new EWIS T800RG, Sri Lanka’s very first rugged device, specially manufactured for rugged use such as the requirement of the fisheries indus

Cemex Software, an innovative HRM cloud solutions provider, announced that Imran Vilcassim has joined their board of directors effective from October.

The smartphone is now replacing the desktop and laptop, and everyday more and more phone users are resorting to use mobile apps to pay bills, monitor internet usage and access plenty of other mobile based services and products.

IFS, the global enterprise applications company, is named a leader in the 2017 Gartner Magic Quadrant for Field Service Management.

Nowadays, wherever we look at, we see strikes and agitations that disrupt people’s day-to-day activities causing a considerable economic cost, which is in my opinion, not widely discussed. It is accepted all over the world that every citizen in

Of the over two billion unbanked adults in the world, about half live in developing Asia, where typically women and self-employed are excluded from the financial system.

Sri Lanka’s most innovative bank, HNB PLC, announced the partnership with Ideal Motors (Pvt.) Ltd to continue its promotion of Mahindra vehicles in Sri Lanka. 

Maldives President Abdulla Yameen introduced the Mastercard Passport Card to the cabinet ministers at his office recently.

Multi Finance PLC (MFP), one of the country’s earliest established financial institutions, is ushering in a new era of digitized financial services, following its acquisition by the real estate development giant, Fairway Holdings. 

Goyo, Sri Lanka’s trendiest fitness app and wearable, inspiring Sri Lankans towards realistic fitness goals, now offers all Sampath credit cardholders amazing discounts. 

Last month, Visa Country Manager for Sri Lanka Anthony Watson travelled 1,168 kilometres around the country on a three-wheeler in the pursuit of going cashless and raising funds for charity as part of the 2017 Pimp My Tuk Tuk challenge.

Fitch Ratings has assigned Bank of Ceylon’s (BOC,AA+(lka)/Stable) proposed Sri Lanka rupee-denominated Basel III-compliant subordinated unsecured debentures an expected national long-term rating of ‘AA(lka)(EXP)’. The debentures, to

Travellers from Colombo to Melbourne are eligible for an extra baggage allowance of 10kgs on outbound travel till end November 2017 courtesy of Emirates, a global connector of people, places and aspirations.

Vista Rooms, South Asia’s largest chain of affordable stays, has partnered with handy to provide its network of hotels with free smartphones, allowing guests to enjoy unlimited international calls and data and access to local guides whereas hot

Singapore Airlines (SIA) has formally signed a firm order with Boeing for 20 777-9s and 19 787-10s, for additional growth and fleet modernisation through the next decade.

The licensed banks operating in Sri Lanka yesterday received the widely expected directive from the Central Bank asking them to double their minimum capital or find merger partners as the regulator wants to see only a handful of larger banks in three

The Ceylon Petroleum Corporation will be awarding tenders on several expansion projects totalling nearly US$ 150 million by next week, according to a top official.

The Sri Lanka Association of Inbound Tour Operators (SLAITO) has extended its support to the initiative taken by the Department of Wildlife Conservation (DWC) to limit the number of vehicles entering the Yala National Park. 

Asian Hotels and Properties PLC (AHPL), the Colombo-centric hotel operating and property development arm of the country’s largest conglomerate John Keells Holdings PLC (JKH), saw its September quarter profit (2Q18) falling 25 percent year-on-ye

REUTERS: Sri Lankan shares touched a near three-month closing high yesterday as investors picked up bank and diversified shares, brokers said.