D.P. Jayasinghe, a well-known piling service provider that has earned a very high reputation for its quality work standards, has been entrusted with another landmark project.

The Urban Development Authority (UDA) of Sri Lanka and Japan International Cooperation Agency (JICA) commenced the study to formulate the urban development vision and detailed urban plans towards enhancing the attractiveness of Kandy as a historic an

Sri Lanka Telecom (SLT) has joined hands with Fortinet, the global leader in high-performance cyber security solutions provider and Arbor Networks, the security division of NETSCOUT, one of the world’s leading providers of DDoS protection in th

Sri Lanka Telecom PLC (SLT) and the SEA-ME-WE 5 consortium announced the completion of the 20,000- kilometre subsea cable infrastructure developed by a 16-nation consortium. 

At Mobile World Congress 2017 (MWC 2017) which officially kicked off in Barcelona, Spain, Huawei is leading a number of activities including joint exhibitions, keynote speeches and industry forums, under the theme of “Open ROADS to a Better Con

The newly revitalized Nokia phone business is going back to the future to re-introduce a brightly coloured version of the best selling phone of 2000, which analysts hailed as a smart retro gambit but one which could overshadow its re-entry into the s

Fortinet, the global leader in high-performance cyber security solutions announced new solutions that expand Fortinet’s top-tier enterprise firewalls for enterprise, data center, and service provider customers. 

Although Sri Lanka is very rich in natural resources including a significant amount of natural forests, their utilisation should have been restricted for the sake of conservation so that the generations to come in future can utilise them in a sustain

Greater consumer confidence could bring about higher returns from Sri Lanka’s retail sector, though the possibility of a further tightening of monetary policy by the country’s central bank might offset any near-term gains. 

Transparency International’s 2016 Corruption Perception Index (CPI) generated the usual chatter. Countries that performed well congratulated themselves; countries further down the list decried the results as unscientific and biased.

Ceylinco Insurance PLC, which runs Sri Lanka’s market leading life insurance business based on gross written premiums (GWPs), recorded earnings of Rs.87.19 a share or Rs.2.3 billion for the December quarter (4Q16), up 38 percent year-on-year (Y

Delivering an unprecedented new level of banking convenience to patients, visitors, and employees, Sri Lanka’s largest private sector bank, HNB PLC in partnership with the Softlogic Group’s healthcare arm, Asiri Health, opened its newest

State-owned National Insurance Trust Fund has concluded the procurement of a reinsurance programme for its agricultural insurance schemes. 

If good dining brings smiles to the diners, Commercial Bank’s credit and debit card holders will be smiling a lot over the next two months as they enjoy the Bank’s latest ‘Dine & Smile’ promotion.  Sixty four popular

NDB Good Life credit cards has now become better than ever, with amazing discounts on leading supermarkets, branded clothing and much more. 

REUTERS: The equities research division of the Americas unit of Hong Kong-based brokerage CLSA has been shut down, a spokeswoman said on Monday, clarifying an earlier report that the entire Americas section would be closed.

The lack of protests and lawsuits against recently implemented loan-to-value (LTV) ratio for vehicle financing is surprising, since the policy is likely to cause major macroeconomic distortions, according to the head of Colombo-based research house a

REUTERS: Sri Lanka’s consumer prices rose 6.8 percent in February from a year earlier, accelerating from the previous month’s 5.5 percent increase under a revised base-year and market basket, data from the Department of Census and Statist

Vidullanka PLC (VLL), a mini hydro operator said it was carrying out a private placement of shares to partly settle the purchase of a mini hydro project in Uganda, subject to Colombo Stock Exchange and shareholder approval. 

REUTERS: The Sri Lankan rupee yesterday ended firmer for a third straight session on exporter and bank dollar sales, but the gains were capped by concerns about possible depreciation in the absence of Central Bank guidance, dealers said.

In a bid to turn around its fortunes, Sri Lanka’s capital market stakeholders want the government to play a bigger role in the market by way of listing state assets on the bourse and reactivating the state-run private sector pension fund, Emplo

The 2017 edition of the Dr. Nihal Jinasena Memorial Cup sailing regatta took place on 18th February. Supported by Sail Lanka Charter and sponsored and organised by Ruhunu Sailing Association (RCA) 

Strengthening its fundamental ethos of rewarding customer loyalty, Nations Trust Bank rewarded 50 American Express Card members with Apple’s latest flagship device at the AbansiStore recently. 

Oman Air, the national carrier of the Sultanate of Oman, continues its ambitious expansion plans in 2017 with three new additions to the fleet already this year. 

Sri Lanka Telecom PLC (SLT) and the SEA-ME-WE 5 Consortium proudly announce the completion of the 20,000- kilometre subsea cable infrastructure developed by a 16-nation consortium. 

Following the excellent achievement at the World T20 Championship for the Visually Handicapped recently concluded in India, DSI held a felicitation lunch for the team as a gesture of appreciation. 

Finding the right venue is no doubt a tedious business. Pricing can be opaque and the associated logistics involved are often challenging. As a result, individuals and corporates have limited options 

The National Mobile Service Provider, Mobitel has extended its Cash Bonanza Montero Extravaganza programme for the year 2017 to award another 12 lucky winners with luxury Monteros

Sri Lankan Airlines has commenced the induction of the first of its latest Airbus aircraft. The A320neo arriving today, February 27th will be the first of the A320neo and A321ne

The recently surfaced mystery gazette notification with regard to government securities (G-Secs) is part of an obsolete law, which the Central Bank has been attempting to comply with, and the law would be amended as soon as possible, the country&rsqu