Organized by the Insurance Association of Sri Lanka (IASL), the second annual General Insurance Sales Congress (GISCO) was held on the 25th of May 2017 at the Water’s Edge in Battaramulla.  The event was attended by over 500 delegates from

Huawei, the leading smartphone brand in Sri Lanka launched the much anticipated Huawei GR3 flagship smartphone to the country. The Huawei GR3 2017 comes with Android 7.0 from Google and this new introduction from Huawei brings to light the dynamic fe

A series of new initiatives will be launched with the core objective of giving an impetus to the overall development of the Information and Communication Technology (ICT), said Sudath Amarasinghe, the newly-elected President of the Sri Lanka Computer

The country’s largest conglomerate, John Keells Holdings PLC, will be embarking on a sustained commercial and residential property development drive in the future, despite rising concerns of an asset bubble in the real estate industry.

Sri Lanka’s headline inflation moderated to 6.0 percent during the 12 months to May, from 6.9 percent in April mainly as a result of the base effects, but the month-on-month (MoM) prices saw a 0.9 percent increase due to significant increase in

India’s largest liquefied natural gas (LNG) player, Petronet LNG, Ltd will be investing in a piped natural gas supply system for Sri Lankan households if the Sri Lankan government gives the green light, a press communiqué from the Indust

Diversified conglomerate, Sunshine Holdings PLC, boosted its net profit by 60 percent year-on-year (YoY) to reach Rs.125.56 million for the quarter ended March 31, 2017, (4Q17), although the 2017 financial year (FY17) ended with a loss for the group

The Sri Lankan unit of the global banking giant, Hongkong and Shanghai Banking Corporation Limited (HSBC), saw its bottom line narrowing for the quarter ended March 31, 2017 (1Q17) amid tighter margins, a contracting loan book and lower other income

The newly appointed State Minister of Finance Eran Wickramaratne assumed duties at the Finance Ministry yesterday.

Sri Lankan startups are presented with an opportunity to receive a further boost this year with the Republic of Korea announcing the ‘2017 K-Startup Grand Challenge’ in Colombo yesterday.

MTI Consulting, the internationally-accomplished boutique strategy consultancy, has announced its acquisition of a strategic equity stake in The Carbon Consulting Company - Sri Lanka’s pioneering provider of integrated sustainability solutions.

REUTERS:  Sri Lankan rupee ended slightly firmer yesterday as dollar selling by exporters outpaced importer demand for the U.S. currency, even as investors weighed the consequences of weather-related damage to the economy, dealers said.

A team of 13 young Sri Lankans from the local marketing communications industry have been selected to represent the country at the numerous programmes designed to develop the youth in our industry which is said to take place this June at the Cannes L

Melstacorp PLC, the former Distilleries group of companies, reported a net profit of Rs.1.4 billion or Rs.1.20 a share for the January – March quarter (4Q17), an increase of 44 percent year-on-year (YoY) due to lower tax expenses, as the profit

John Keells Hotels PLC (KHL), a subsidiary of the country’s largest conglomerate, John Keells Holdings PLC (JKH) will be demolishing the Bentota Beach Hotel, one of the masterpieces of the legendary Sri Lankan Architect Geoffery Bawa, next mont

REUTERS: Sri Lankan rupee ended slightly firmer yesterday due to dollar selling by a foreign bank, but the rupee is expected to weaken as floods and landslides brought damage and dented market sentiment, dealers said.

Sri Lanka’s tourism industry has experienced only minimal impact from the recent floods, state and private sectors stated this week, which has led the tourism authorities to maintain their revenue and arrival forecasts for the year.

Sri Lanka pledged yesterday to tighten construction laws as the toll from heavy rains rose to 203, saying many landslide victims would have survived had their homes not been built on slopes. The government will also prosecute anyone violating existin

Committing to a sustainable future, Sampath Bank launched the Green Inventor competition, a platform for inventors to showcase their talent and work towards environmental protection and conservation. 

The government has embarked on a number of development initiatives to open up new doors for the country to make Sri Lanka an advanced economy in the world by adopting private sector-led, export-based, FDI-driven development strategy. 

Rapid urbanization, improved living standards, population growth and changing consumer patterns have resulted in an alarming increase in waste, making waste management a national issue. The total municipal solid waste generation in the country is est

Global service guru Ron Kauffman, will be in Sri Lanka on the 18th and 19th of July at the invitation of the Sri Lanka Institute of Marketing (SLIM).  

CIMA Mind Challenge Pro, organised by the CIMA Students’ Society (CIMASS), will be held at the Sri Lanka Foundation on June 10th.    

The Chartered Institute of Marketing Sri Lanka entered into a strategic partnership with Fox Entertainment (Pvt) Ltd as the official radio partner for the CIM Talking Point series that will be conducted throughout the year. 

Mobitel’s mobile money platform, mCash recently launched a facility providing customers the ease of giving a standing order via mCash to schedule payments to other mCash users and pay key utilities and other bills. This hassle-free service will

Mobitel took its ‘We care. Always’ pledge a step further by organizing its 16th ‘Eye clinic project’ on 27th May. 

Sanjay Wijemanne, the former Head of Retail Banking at Standard Chartered Bank Sri Lanka, will join Fairway Holdings’ as Group Director of Sales and Marketing. 

The term ‘Alternative Facts’ has come to describe ‘blatant falsehoods’ spread to the media by those in power who purposely create doubt about even obvious and easily verifiable facts. Over the last few months, the Sri Lankan g

Asia is going through sweeping transformations that have altered its economic landscape in fundamental ways.

Sri Lanka’s fastest growing and most innovative bank, Pan Asia Bank recently launched Swashakthi credit facility scheme under the government’s national programme to create one million employment opportunities via micro and SME businesses.