CNBC: Asian property plays are exciting, but it’s commercial real estate in Europe and North America that are the most attractive to investors, a study by consultancy JLL found.

Sri Lanka’s headline inflation hit a multi-year high of 7.3 percent in March, accelerating from 6.8 percent in February mainly due to the base effects through the recent drought and the demand push factors.

Business personality, Dinesh Weerakkody  will release his sixth book titled ‘Ranil Wickremesinghe: A Political Biography’ on April 04 at the BMICH at 5.30 pm , in the presence of the President Maithripala Sirisena, Prime Minister Ran

REUTERS: While Donald Trump’s political fortunes were rising, his net worth was dropping to a mere US $3.5 billion, or roughly a third of what he claimed during his successful campaign for the U.S. presidency, according to the latest Forbes lis

Ample space for distortions in national account estimates may exist due to shortcomings in conducting surveys, which requires constant vigilance, a leading statistician in South Asia said recently.

Cargills Bank Limited turned a net profit of Rs.26 million for the year ended December 31, 2016 (FY16), 

The shareholding structure of Sunshine Holdings PLC (Sunshine), a diversified holding company, has been reshaping during the last four months or so in particular as the ownership is seen getting concentrated among a few strategic partners. 

An economist has criticized the government’s tax policy on vehicle imports and the recent credit restrictions imposed on vehicle financing, 

As temperatures begin their ascendance towards the seasonal peak in Sri Lanka, Softlogic Holdings is offering a way to beat the heat without the high investment and operating costs associated with traditional air-conditioning.

Brush manufacturer and exporter, BPPL Holdings, announced its interim unaudited financial results for the 11-month period April 2016 to February 2017. 

SMB Leasing marked a new chapter in its remarkable turnaround story inaugurating another branch in Negombo. 

Following the official visit of President Maithripala Sirisena to Germany in February 2016 and visits of numerous business and parliamentary delegations from Germany to Sri Lanka last year, the upcoming events of this week will again underline the gr

The members of the Liquor Licensees’ Association in the south and the officials of the Inland Revenue Department ironed out the problems that have arisen with the introduction of the new value-added tax (VAT) schemes at a workshop held in Matar

A Chinese-backed real estate project near Sri Lanka’s main port is expected to attract US$13 billion worth of investment from next year, the developer said yesterday.

The Centre for Indo-Lanka Initiatives of the Pathfinder Foundation, in partnership with Carnegie India, convened two-day track 1.5 conferences called ‘Trincomalee Consultations’ recently. 

AFP: Bad-loan concerns at China’s big banks eased in 2016 despite flat earnings growth, the companies said this week, but analysts warn asset-quality problems in the world’s second-largest economy could worsen next year.

AFP: President Donald Trump ordered staff yesterday to pinpoint countries and goods responsible for America’s nearly US$50 billion trade deficit,

AFP: Asian markets sank yesterday as the quarter drew to a close, with dealers ignoring better-than-expected US economic growth data, while South Africa’s rand plunged after President Jacob Zuma sacked his respected finance minister.

The European Investment Bank’s first permanent office in India was formally opened earlier this week by Arun Jaitley, Finance Minister of the Republic of India, Werner Hoyer, President of the European Investment Bank, Andrew McDowell, European

REUTERS: Sri Lankan shares closed at their highest in nearly three weeks yesterday, rising for a fourth straight session on purchases by foreign investors and on quarter-end window dressing, stockbrokers said.

On invitation from the French Agency for Development (AFD), an official delegation headed by M.I.M. Rafeek, Secretary to the Ministry of National Policies and Economic Affairs will visit the Reunion Island from 1st to 7th of April. 

REUTERS: The Sri Lankan rupee ended stronger yesterday, helped by inward remittances and selling of the greenback by exporters ahead of the festival season, but the gains were capped by dollar demand from a foreign bank in late trade, dealers said.

Kelani Cables PLC led the Kelani Challenge Trophy 2017 annual cricket tourney at the Bloomfield Cricket Club grounds in Colombo.

The best of the delicious Chinese cuisine could now be savoured at Jade Restaurants in Nugegoda and Maharagama where dine in customers can enjoy a 30 percent discount on Commercial Bank credit cards until April 10 on all food and beverages in the men

Unilever Sri Lanka National Finance Director Priyadharshana Ekanayake (ACMA, CGMA) has worked for Unilever in Sri Lanka, Singapore and India.  During his 25 years at Unilever, his professional experience spans all finance functions - in regional

Ever wanted to go to Portugal? Come over to The Factory Outlet in Havelock and witness a glimpse of the Portugal culture. 

CIM Sri Lanka hosted its first networking event for 2017, titled ‘Evolution of Music in Sri Lanka’ recently at the CIM Office, in Colombo.

The Sri Lanka Technological Campus (SLTC) held an inauguration ceremony earlier this week to welcome the new students.

An Indian woman reads a notice board as she stands in a queue outside the Reserve Bank of India (RBI) to exchange old 500 and 1000 currency notes in Mumbai on yesterday. 

Asia’s integration has been reshaping the global economic landscape. The emerging economies in the East and Southeast Asia (grouped together as emerging East Asia) now account for about 25 percent of total global trade and 21 percent of global