Virtusa Corporation, a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, reported consolidated financial results for thefourthquarter and fiscalyear ended March 31, 2017.

China is investing billions of dollars in infrastructure and developments in Sri Lanka, but many local citizens feel the country is being sold to the Chinese.

If we thought of a government ministry as a self-driving car, a cabinet minister is akin to the one that gets into the front seat and punches in the intended destination. All the technology, the sensors, the navigation system that decides the best ro

To be an effective leader in the 21st century you have to do a lot more than just deliver results (that much is expected). Effective leadership requires certain critical experiences to deliver clarity of thought, along with the ability to embrace dif

The Department of Marketing Management (DMM) of the University of Kelaniya signed a memorandum of understanding (MoU) with Nestlé Lanka PLC and the official ceremony to exchange the MoU between the two parties was recently held at University o

The world’s leading brand consultancy’s annual list looks at start-ups and early players in emerging markets like mobility tech, fintech, artificial intelligence (AI), future of work and more.

The leading non-bank finance company in Sri Lanka, People’s Leasing & Finance PLC, upgraded and relocated two of its branches in Mathugama and Aluthgama.

The Bank of Ceylon (BOC) Kochchikade branch was relocated at No: 18, Chilaw Road, Kochchikade recently. 

Sampath Bank conducted a series of religious observances relating to all major faiths in the country to invoke divine blessings on the occasion of its 30th anniversary, which was celebrated in March.

These days, getting involved in the stock market is just a few clicks away. But that doesn’t mean investing is made less risky for newcomers. New investors are expected to be vigilant when investing in the market when compared to seasoned inves

11 top achievers from Amãna Takaful Life (ATL Life) were recently selected to attend the annual Million Dollar Round Table (MDRT) conference which is set to take place in Orlando, Florida from

SriLankan Airlines, Sri Lanka’s national carrier and a member of the oneworld alliance, will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29th this year. 

Sri Lanka’s diversified conglomerate, Aitken Spence PLC, more than doubled its net profit for the quarter ended March 31, 207, (4Q17), amply helped by the re-commissioning of its thermal power plant and maritime operations, the interim financia

Over 700 B2B meetings will take place between Sri Lankan and foreign businesses, who will take part in the ‘Sri Lanka Investment & Business Conclave 2017’, which will commence tomorrow, in Colombo. 

AFP: East Africa’s smallest country Djibouti took a step towards realising its dream of becoming a continental maritime cargo hub with the inauguration of its newest and largest port, recently.

Lankem Ceylon PLC, which has interests in chemicals, paints, agri-inputs, consumer, packaging and leisure sectors said, it bought a company engaged in the business injection moulding, a manufacturing technology used to make a wide range of plastic pr

The industry association of the microfinance practitioners, Lanka Microfinance Practitioner’s Association (LMFPA), last week sought the assistance of policy makers and regulator to create a sustainable microfinance industry in the country. 

Dialog Axiata extending its successful flood relief programme in 2016, where Dialog customers donated Rs. 15 million and Dialog added a further Rs. 50 million towards helping those affected by floods and landslides, invites yet again it’s value

Abans Plc, a subsidiary of the prestigious Abans Group of Companies, has been announced as the authorized distributor for Hugo Boss, the first luxury brand to have retail presence in Sri Lanka.This milestone epitomizes Abans’ commitment towards

Earlier last month, the Sugathadasa National Sports Complex Authority made great strides in the development process of the Sugathadasa Stadium located in Colombo by partnering with New Ashford International (Pvt) Ltd, an enterprise specializing in th

The Colombo leg of the Bradby Shield is extra special as a ‘carnival like’ atmosphere prevails at Reid Avenue as another edition of the Bradby Fiesta takes place on June 3rd.

Fonterra Brands Sri Lanka is seeing sustainable returns from its ten-year plan to build a thriving dairy industry and improve access to locally-made dairy products.

 Never has there been a greater time to be a pirate. Not since the days of ‘Black Sam’ bellamy has it been so lucrative either. The need to pillage and plunder, though, has shifted from the Caribbean Sea to the Internet. Gold coins a

Virtusa Corporation( NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, reported consolidated financial results for 

AFP: US President Donald Trump has launched a salvo against German car exports to the United States, officials confirmed yesterday, in the latest sign of simmering transatlantic trade tensions.

REUTERS: The Sri Lankan rupee ended slightly higher yesterday as dollar selling by banks surpassed importer demand for the U.S. currency, traders said.

AFP: The International Monetary Fund said yesterday it will only release a new tranche payment to Ukraine once parliament approves a long-stalled pension system overhaul and land privatisation legislation.

AFP: Energy firms took a hit yesterday after crude prices plunged almost five percent the previous day as traders were left disappointed by OPEC’s latest output cuts.

Leading South Asian property developers, Iconic Developments (Pvt.) Ltd. reiterated its confidence in the growth outlook of the Sri Lankan real estate sector, following recent concerns as to the pace of growth in the sector.

REUTERS: Sri Lankan shares ended lower yesterday, recording their first weekly decline in nine, as investors booked profits in shares of diversified companies such as John Keells Holdings Plc and Melstacorp Plc.