REUTERS: The U.S. Federal Communications Commission said late it had approved Alphabet Inc’s application to provide emergency cellular service to Puerto Rico through balloons.

Micro Cars Limited is the largest automobile assembler/manufacturer in Sri Lanka assembling a full range of vehicles from compact cars to Luxury SUVs.

With the newest BASEL regulations lifting the bar higher for minimum capital, Sri Lankan banks are set to face another challenge as the country’s banking regulator is planning to double the minimum capital required for a licensed bank, Mirror B

The Bavarian Motors (Private) Limited, a company primarily involved in importation and sale of luxury BMW vehicles instituted an intellectual property action in the Commercial High Court of Colombo against BMW  (Bayerische Motoren Werke Aktienge

China Harbour Engineering Company Limited (CHEC), the developers and the owners of the Colombo Port City project, has proposed to extend the Marine Drive via an underground tunnel, that will ultimately connect the country’s South with the North

The Appropriation Bill for the budget 2018 will be presented to Parliament today, Finance and Mass Media Ministry said in a press communiqué yesterday.

REUTERS: HSBC wants to appoint company insider John Flint as its next Chief Executive and has approached regulators seeking their approval, Britain’s Sunday Times newspaper said.

The change in name comes with the acquisition of Summit Finance PLC by Property and real estate developer, Prime Lands (Pvt.) Ltd.

Sri Lanka once again proved that it was becoming a favourite hotspot to provide picturesque locations for the Bollywood film industry when it selected Sri Lanka to do the cover shoot of the November issue of Filmfare magazine with Deepika Padukone, o

To help Sri Lankan adults live their lives to the fullest, Fonterra Brands Sri Lanka, the company behind Anchor, has launched another country first with its latest dairy innovation focused on heart health.

“Empowering communities out of poverty – for real. For good. That has been our business for 40 years here in Sri Lanka,” says Dhanan Senathirajah, National Director for World Vision in Sri Lanka.

Against the background of a progressive improvement in the macroeconomic environment, led by better fiscal policy outcomes, Sri Lanka needs to urgently address the structural constraints through a process of reforms, if the country is to raise its me

One of the biggest events in Sri Lanka’s start-up ecosystem is set to take centre-stage this month as Sri Lanka hosts Asia’s largest start-up investor forum – Asian Business Angels Forum (ABAF) 2017.

On an official visit to the Republic of Latvia, Honorary Consul General of Latvia in Sri Lanka Thomas F. Daetwyler visited the Foreign Affairs Ministry of the Republic of Latvia and met Asia and Oceania Division Head Egils Dzelme.

AFP : Asian markets rallied yesterday with Hong Kong hitting a 10-year high after another record close on Wall Street following more buoyant US data and hopes for tax reform, which has also boosted the dollar.

UN Secretary General extended a rare honour to the International Chamber of Commerce (ICC) as the first private-sector organisation to be accorded permanent observer status at the UN General Assembly.

AFP:  Industrial orders in Germany, a key indicator of the health of Europe’s biggest economy, jumped in August, driven by strong overseas demand for German-made goods, data showed yesterday.

AFP: The Philippines said yesterday it has dropped a tax evasion case against the country’s number-two cigarette manufacturer after it was sold to Japan Tobacco to raise funds for a record 30 billion-peso (US$586 million) settlement.

The Food Production National Programme 2017 of the Sri Lanka Ports Authority (SLPA) was held recently at its Chaithya premises under the patronage of SLPA’s Acting Chairman P.G. Dasanayake and the participation of the Managing Director of SLPA

Foreign Minister Tilak Marapana during his recent visit to Luxembourg attended a business luncheon hosted by the European Investment Bank (EIB) at its headquarters in Luxembourg. 

At this week’s Colombo Tea Auction held on 02nd and 03rd October , an invoice of Low Grown BOPFSP grade offered by Hidellana Tea Factory achieved an all-time record price of Rs. 900 per kg, breaking the previous record of Rs. 860 set at the sal

Shangri-La Hotel, Colombo is set to become the most extensive and versatile events venue in Sri Lanka when it opens its doors by mid November 2017. 

International Monetary Fund (IMF) Chief Christine Lagarde said Thursday a worldwide economic recovery is taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity.

The third edition of the EFC HR/IR Forum for 2017, powered by Unilever Sri Lanka, was held recently at the Employers’ Federation of Ceylon (EFC). 

Two young professionals from Leo Burnett Sri Lanka will represent the country at the upcoming Young Spikes Media Competition, which is set to take place in Singapore. Leo Burnett Sri Lanka’s Sarah Hassanally and Dilendri Wettewe recently named

Ocean Lanka, one of the largest weft knitted fabric manufacturers in Sri Lanka, recently held its second annual awards ceremony, Loyalty Awards 2017, to felicitate more than 100 long-serving employees, who have served the company since its inception

IPM Sri Lanka President Prof. Ajantha Dharmasiri was invited as a distinguished guest and speaker at India’s annual national HR conference, NATCON 2107, held in Chennai, India recently.

IronOne Technologies and BoardPAC bagged five overall awards at the recently-concluded Annual Export Awards 2017, conducted by the National Chamber of Exporters of Sri Lanka (NCE).

Hemas Hospital Wattala recently organized a kite festival ‘Let’s fly 2017’ for the staff members to drive employee engagement and to create a platform for them to showcase their creative skills.

Continuing to help nurture the habit of reading, Sampath Bank joined hands with the Colombo International Book Fair as the event’s official banking partner for the 13th consecutive year.