Despite the government securities yields pointing to a lowering trend, Sri Lanka is most likely to face higher interest rates during most part of 2018 as the Central Bank will have to borrow excessively from the banking sector to settle domestic borr

To mark the 67th anniversary of its establishment, the Central Bank of Sri Lanka (CBSL) yesterday held the 67th Anniversary Oration, 

Singer Sri Lanka PLC and Huawei, recognized their top performing dealers at the Singer Digital Awards 2017 gala celebration. The awards ceremony was conducted ceremoniously at Water’s Edge under the patronage of CEO - Singer Sri Lanka, Asoka Pi

The Sri Lanka Institute of Directors (SLID) promotes best practice and professionalism within and beyond the boardroom. 

The Delmege Academy of Languages & Skills, a part of Delmege Group, last week concluded its first Business English Training Programme for Hirdaramani Knit Agalawatta. 

The 17th Annual General Meeting of the Sri Lanka Thailand Business Council was held at the Waters Edge, Battaramulla recently. It was held under the patronage of President of the Council Rizan 

Swadeshi Industrial Works PLC’s Deputy Chairperson/Managing Director Deshamanya Chulodhara Samarasinghe was bestowed with the Best CEO/Leadership Gold award at the ‘Top 50 Professional & Career Women Awards’, seventh edition.&nb

The Securities and Exchange Commission of Sri Lanka (SEC) and Colombo Stock Exchange (CSE) conducted the third seminar of their Investor Forum series in Jaffna on August 26, 2017, at Tilko Jaffna City Hotel.

Micromax Informatics, one of the largest smartphone players in the world, officially introduced its latest smartphone Canvas 2 to the Sri Lankan market recently.

A range of environment friendly, battery-powered outdoor tools were recently launched by Figaro (Pvt.) Ltd at Water’s Edge, Battaramulla.

Dialog Axiata PLC successfully concluded Dialog Awards 2016, its annual employee recognition programme, whilst retaining international management consultancy, MTI Consulting, as an independent judging partner for the sixth consecutive year. 

Unilever Sri Lanka and Richard Pieris Distributors Ltd. together carried out the ‘Don’t Be Silly Silly’ awareness drive to encourage shoppers to go greenby switching to the reusable Arpico - Unilever 

Paramount Event Spaces are elegant venues with helpful and knowledgeable staff, ready to assist you in making the memories of a lifetime. Their contemporary design and customization options make 

Sri Lanka’s pioneering infrastructure and multi sector general contractor International Construction Consortium (ICC) has announced that it has successfully sold out the total 688 modern, walk-up 

In its quest to become Sri Lanka’s largest shipping and maritime company, the Hayleys group subsidiary, Hayleys Advantis Limited, yesterday announced the 95 percent equity acquisition of Sri Lanka Shipping Company Limited for a mammoth Rs.4.9 b

Aimed at helping Sri Lanka’s IT/BPM industry reach the US$5billion mark by 2022, the country’s primary IT/BPO chamber, the Sri Lanka Association of Software and Service Companies (Slasscom) together with ICT Norway (IKT-Norge) kicked off

Architect 2018 was ceremoniously launched recently at Hotel Galadari Colombo, with the participation of previous year patron companies and members of Sri Lanka Institute of Architects (SLIA), which was coincided with the 60th anniversary celebrations

A leading player in the construction industry, Link Engineering has recorded a significant growth across all construction and engineering operations, particularly contributing to the government infrastructure development. 

Pan Asia Bank recently opened a dedicated centre for private banking and wealth management at the World Trade Centre to offer specialized financial and investment advisory services to its high net worth customers. 

People’s Leasing & Finance PLC relocated its Rathnapura branch (Moragahayata, Colombo Road, Rathanapura) recently. 

Sri Lanka is a small market for any business, as it is a tiny island with comparatively small number of population. 

For years, IT companies were the darling of Indian stock investors and fund managers. A constantly depreciating rupee since the 1990s until recently helped in the overall business scenario by allowing clients, largely in the United States, to reduce

The National Plant Quarantine Service in Sri Lanka, which is authorized to conduct quarantine procedures for approval of shipment, will conduct a seminar on Thursday, September 14, 2017, from 3:00 p.m. to 5:00 p.m., at the chamber auditorium, No: 450

Net foreign inflows to the Colombo bourse topped Rs.28 billion yesterday—the only silver lining in the otherwise gloomy market hindered by higher interest rates, a debt-ridden economy, natural disasters and political volatilities stemming from

REUTERS: The Sri Lankan rupee closed slightly firmer yesterday as exporter dollar sales surpassed importer demand for the US currency, dealers said.

The International Chamber of Commerce Sri Lanka (ICCSL) is calling on small businesses across the country to submit proposals for the ICC-WTO Small Business Champions, a global event organised by the International Chamber of Commerce (ICC).

The central bank of Norway, Norges Bank, which manages the world’s largest sovereign wealth fund, has been active in the Colombo Stock Exchange over the quarter ended June 30, 2017.

In what could be an interesting revelation, some businesses are said to have been using their cash reserves to purchase real estate and apartments but have then resorted to bank borrowings under small and medium enterprise (SME) sector loan category

One of the main challenges faced by the financial sector is quantitative assessment of future risk.  Financial risk can arise due to unpredictable nature of factors such as interest rate and default rate. 

Commercial Bank’s ‘Dine and Smile’ promotion is back for the second time this year, with  64 of the country’s most popular restaurants offering discounts exclusive to the bank’s credit and debit card holders.