REUTERS: The Sri Lankan rupee closed marginally weaker yesterday as importer dollar demand surpassed inward remittances and selling of the US currency by exporters and a bank, dealers said.

The importance of providing access to quality education to all, in order to eradicate extreme poverty and reduce poverty, is well-documented. The UNICEF’s Child Poverty in Post-2015 Agenda argues that extreme child poverty can lead to an interg

After leading the global economic growth for two years, South Asia has lost its number one place to East Asia and the Pacific as the region’s economic growth is expected to drop to 6.9 percent in 2017, from 7.5 percent in 2016.

Nikon Corporation of Japan, the manufacturer of world famous Nikon cameras, recently celebrated the completion of 100 years of superlative service to its customers world-wide.

REUTERS: China said it has approved HP Inc’s US $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market.

Informatics Institute of Technology (IIT) has once again emerged triumphant as the institute’s students and alumni bagged several prominent accolades this year.   Isuru Sampath Kariyawasam who is a Software Engineering undergraduate a

The five-star 24hr all-inclusive hotel Riu Sri Lanka serves a variety of dishes from different destinations among which the local cuisine being a popular one.The hotel features two main 

HTC Corporation, a leading innovator in mobile and virtual reality technology, openedits first retail store in Colombo today. The HTC Store,located at Liberty Plaza, was inaugurated 

The make-up of the modern home is changing, bringing with it a new era of household,which on average, cares for 2.4 people , 0.3 pets  and now also 6.3  connected devices per home. 

Land values in Colombo are growing at a remarkable rate, a recent study has found. According to the national House Price Index maintained by LankaPropertyWeb.com, average land prices in Colombo

A year ago, the Fairway Colombo City Hotel made its grand entrance into the Hospitality Industry in Sri Lanka. 

edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider, is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the 

The Commercial Bank of Ceylon has announced it will provide its internet payment gateway (IPG) facility to support a new e-commerce platform in  Sri Lanka.

ACCU Forum 2017 of Association of Asian Confederation of Credit Union was held at Galadari Hotel, Colombo recently and it was proudly co-sponsored by one of the island’s most reputed institutes, Sanasa.

Cargills Bank Limited opened its newest branch in Ratnapura within the Cargills Food City premises at the Municipal Commercial Complex conveniently located in the heart of the town. The new Cargills Bank branch was declared open by Chief Guest, Cargi

Sri Lanka’s leading non-bank finance company People’s Leasing and Finance PLC (PLC) tied up with Toyota Lanka for promoting Toyota Vehicles.

Sarvodaya Development Finance Limited, the pioneer in micro-finance in Sri Lanka, recently entered into a technology partnership with the national mobile service provider, Mobitel.

“We need to understand that the demand for the carriage of goods is a derived demand and it is derived out of demand for trade.  Ports and shipping have to follow trade,” said Dr.Parakrama Dissanayake – Chairman of Sri Lanka Po

Sri Lanka’s Finance Minister presented the new income tax bill to parliament in September 2017. Accordingly, the corporate and income tax laws will come into effect from 1st April 2018.

Transparency Market Research (TMR), a market intelligence company, has found that the Compound Annual Growth Rate (CAGR) will be 5.70 percent during the period from 2017 to 2025.

Sri Lanka is driving towards establishing itself as a regional Maritime and Logistics hub. 

Qatar Airways invites passengers to take advantage of its latest “two seats, one great offer” sales campaign, providing First and Business Class passengers a special discount when booking two seats 

Choosing the right leadership style for each situation can be difficult. For example, you need to get the balance correct between putting too much or too little emphasis on achieving objectives and/or the needs of individuals in a given situation and

Leo Burnett Sri Lanka has been ranked as one of Asia’s Top 50 Agencies by Campaign Brief Asia, Asia’s most influential creative advertising trade magazine. Leo Burnett Sri Lanka is the only agency from the ‘Rest of South Asia’

British American Tobacco PLC’s unit in Sri Lanka says it’s poised to lose its dominant position in the market to leaf-rolled cigars made by small local rivals.

Two decades after Yusuf Karodia launched Mancosa, a distance learning school to teach South Africans business skills, he sold up to the UK private equity firm Actis.

When the ambitious Belt and Road Initiative – with projects reportedly worth US $ 1 trillion – was first announced by President Xi Jinping in the autumn of 2013, many were sceptical of this Chinese move aimed at building up economic conne

Leading integrated telecommunications infrastructure services provider Edotco Group said that it was presented the ‘2017 Asia Pacific Telecoms Tower Company of the Year Award’ by Frost and Sullivan. This marks the first time a company has

REUTERS: A fresh case of Apple Inc’s new iPhone popping open due to a swollen battery has been reported in State media in China, the world’s biggest smartphone market where the U.S. firm is seeking to revive faltering sales.

Huawei launched the Huawei Y7 - the newest addition of next generation smartphones - into the beloved Huawei Y series.