Over 80 percent of local tourism industry leaders do not trust the tourism research statistics, and the country’s tourism earnings figures published by the Sri Lanka Tourism Development Authority (SLTDA), which is following erroneous methodolog

Sampath Bank PLC this week announced that it had successfully concluded a loan transaction with Yango-based hotel developer Family Business Group Hotel Limited (FBGHL), Myanmar.

Thomson Reuters Foundation:  At 52 years old, with two grown children, Newton Gunathileka thought he should be working less by this point. Instead he has never worked so hard – and earned so little. Gunathileka, from the Sri Lankan village

Sri Lanka’s finance companies are continuing to lobby the regulators to bring down the down payments on motor cars and three-wheelers in a bid to propel their leasing portfolios, which have experienced a hit in the recent times.   &nb

REUTERS: A panel created by the Reserve Bank of India (RBI) said lenders are not sticking to rules that determine how much they can charge for loans, and proposed new requirements that could force banks to pass on interest rate moves to customers mor

Foreign Affairs Minister of Bosnia and Herzegovina Igor Crnadak said they are very keen to open a new chapter in foreign affairs by establishing trade and investment promotion between Bosnia and Asian countries like Sri Lanka.  He expressed thes

The Big Bad Wolf book sale, which is considered the world’s biggest, was opened to Sri Lankan public yesterday at the Sri Lank Exhibition and Convention Centre (SLECC).

Sampath Bank PLC,apioneer in introducing revolutionary financial solutions with a strong footing in the Sri Lankan market, announced that it had successfully concluded a loan transaction with Yangon 

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 

High Commissioner of Sri Lanka to the United Kingdom Amari Wijewardene says this is the best time to promote Lankan products in the UK market, as Sri Lanka has been rewarded with the GSP Plus facility.

On a night that saw the gathering of the most esteemed figures in Sri Lankan society under one roof, Aban Pestonjee, the Chairperson and Founder of the Abans Group of Companies was named Sri Lanka’s Entrepreneur of the Year 2017 at the Derana S

State Minister of International Trade Sujeewa Senasinghe  briefed a distinguished international and local audience on positive steps taken by the government of Sri Lanka to reform the country, notably in 

‘idea2fund’ – the year round venture competition powered by MTI Corporate Finance is on the verge of launching its 3rd wave this October. 

The Big Bad Wolf book sale was inaugurated by Chief Guest Akila Viraj Kariyawasam Minister of Education of Sri Lanka and Big Bad Wolf Books Founder and Managing Director Andrew Yap and Executive Director Jacqueline Ng and Director of ProRead Lanka (P

A promising brand that is revolutionizing the Sri Lankan food industry, scalping over 20,000 followers across social media outlets in just a couple of months since inception. 

Pursuing its commitment to uplifting the standards of education in the country, DFCC Bank counts education as a key pillar in its corporate social responsibility initiatives. 

HNB together with SOS Children’s Villages, launched the ‘Pragna’ account, to support and fund the education and schooling needs of over 4500 children, across all of the SOS Children’s Villages in Sri Lanka. 

Colombo. Eurocars, the official agent of Porsche cars in Sri Lanka, has embarked on a special Corporate Social Responsibility (CSR) initiative that is aimed at building a school for preschool children between the ages of three and five years old. The

The Bank of Ceylon celebrating the Children’s Day in a more meaningful and a thoughtful way held the ‘Apeksha Dalwana Sithuwam Dakma”, art exhibition at the Apeksha Hospital’s Children’s Ward recently.

Partnering with Vocational Training Authority (VTA), INSEE Cement carried out career guidance fair for the youth in the Puttalam region, to select the first batch of students interested in construction related job opportunities. This event was held a

RBN Performance garments, is Sri Lanka’s first performance wear brand for men and women built with the Sri Lankan athlete in mind. 

ReeBonn Cosmetics, one of the leading herbal cosmetic companies operating in Sri Lanka introduced its two newest products; ‘ReeBonn Herbal Anti Acne Gel’ and ‘ReeBonn Herbal Facial Cleanser’ to the Sri Lankan market.

Sri Lanka has blocked a proposal by Chinese firms bidding to build the island’s biggest oil refinery to sell fuel locally, fearing a threat to domestic firms that dominate the small but growing market.

REUTERS: The Sri Lankan rupee closed weaker yesterday as dollar demand from importers surpassed the sales of the US currency by exporters and banks due to inward remittances, dealers said.

The newly appointed secretary to the Industry and Commerce Ministry is a Sri Lanka Administrative Service official, who also has a grasp on free trade agreements (FTAs) and fiscal policies, a press communiqué from the ministry said. “Thi

Renewable energy developer Vidullanka PLC this week said that due to regulatory delays, the company has not yet issued shares in a private placement to Timex Garments (Pvt.) Limited to acquire the Uganda-based Timex subsidiary, Timex Bukinda Hydro (U

REUTERS: India yesterday signed an agreement with Bangladesh extending a US $ 4.5 billion credit line for several infrastructure projects, as New Delhi tries to expand its influence over its smaller neighbour amid rising Chinese competition.

Spa Ceylon, the world’s largest luxury Ayurveda chain, unveiled its opulent new lifestyle experience at the ground floor of the Parkland Tower on Park Street, Colombo 2, marking the milestone of reaching 60 branded locations internationally.

Fashion Bug launched two divers fashion ranges, RBN and Shakalaka at their latest outlet in Wellawatte. 

Stanley Power Tools from Home of Delmage which has highly secured the people’s trust in the Sri Lankan market for power machinery celebrates its second anniversary of its superior collaboration.  Marking this glorious leap, Home of Delmage