Fitch Ratings has affirmed the AAA (lka) national long-term rating to NSB with Stable Outlook following their periodic review of the large banks peer group which was announced by the Fitch recently. 

HNB GP Micro Finance programme was involved in a further project of extending finances for small businesses in Urubokka of Southern Province in partnership with Citi Bank Sri Lanka Branch and Ceylon Chamber of Commerce under a special project titled

Sri Lanka’s benchmark private sector bank is offering recipients of remittances the chance to win a veritable treasure trove of 101 gifts – a car, four scooters, 12 LED TVs and 84 cash prizes in its exciting ‘Gedarata Thégi&r

REUTERS: HSBC will move staff responsible for generating around a fifth of its UK-based trading revenue to Paris following Britain’s exit from the European Union, Chief Executive Stuart Gulliver said yesterday.

The Association of International Certified Professional Accountants (AICPA) has voiced its strong opposition to a plan by South Africa’s Independent Regulatory Board for Auditors (IRBA) to implement mandatory audit firm rotation (MAFR).  

Credit cards have now become a common mode of transaction for many, and are becoming increasingly dependent on more than one credit card. 

Sri Lanka’s complacent bureaucracy has caused exporters to give up or move their businesses to other countries, which has mainly accounted for the country’s abysmal export performance, the Colombo-based think tank Verité Research s

Sri Lanka has borrowed US $ 125 million from the World Bank (WB) to modernize its agriculture sector, as the country aims to make the sector more efficient and attractive as a modern business,

SriLankan Cargo, the freight handling arm of SriLankan Airlines, set a new record for the amount of cargo handled at the Cargo Centre of Colombo’s Bandaranaike International Airport (BIA) with a massive total of 239,636 tonnes in 2016, a remark

The Sri Lankan delegation in Davos, Switzerland, led by Prime Minister Ranil Wickremesinghe, met with World Economic Forum (WEF) Founder and Executive Chairman Klaus Schwab yesterday. The picture shows Wickremesinghe,

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, has introduced a guideline

 Sri Lanka’s largest education exhibition and job fair – EDEX Expo – will be held from January 20 to 22, 2017, at the BMICH Colombo and on January 27 and 28, 2017 at Kandy City Centre  (KCC), Kandy. 

Standard Chartered’s Global Research Team has included Sri Lanka as part of its Global Research Briefing circuit, and will conduct a closed-door exclusive session entitled ‘Welcome to the Jungle’ for the bank’s clients on Tues

Amid a splash of colours and quality aromas, Hendricks Tea, one of Sri Lanka’s leading brands that produces finest and freshest Ceylon Tea, launched its newest outlet in Kiribathgoda, in a bid to popularize itsfinest teas at reasonable prices.

Many companies around the world adopt the Six Sigma Methodology in an effort to improve any area. 

POP has been a household name in Sri Lanka for over a decade with a range of mouth-watering snacks that has excited the taste buds of Sri Lankans across all corners. 

With a core focus on expanding Vision Care’s range of optical services to a wider majority of areas covering all major districts in the country, the eye care solutions provider has embarked on yet another feat of branch expansion with their new

On the first day of 2017, Sri Lanka’s leading menswear specialist, Hameedia, embarked on the new year by gathering at the factory premises to focus on their personal

The Omnicom Media Group of Sri Lanka celebrated the New Year with the appointment of a new Chief Operations Officer. Made up of 50% method and 50% madness

2015 was a major turning point for Sri Lanka as a nation. It was a year that saw the Sri Lankan people reject a corrupt and authoritarian regime led by Mahinda Rajapaksa and move decisively towards democracy and communal reconciliation. 

Before deliberating on the new auditors’ report, it is important to know the sequence of events that created the necessity to bring in changes to the auditors’ report. At the outset, it is worthy of noting that ‘auditing’ has

So, almost 70 years on since our independence we are now discussing the need to return sovereign power back to the grassroots, thus it has taken us all this time to realize that bit-by-bit, the power to govern ourselves has been carefully and continu

We are now squarely in the age of the customer. Customers are more empowered and choose how and where they want to engage the brands they buy products or services from. 

Expansions in Sri Lanka’s Purchasing Managers’ Index (PMI) this December showed that both manufacturing and services sectors have performed well during the festive season, according to the Central Bank. 

Bairaha Farms PLC (BFP) yesterday announced additional investments amounting to Rs.239 million to the ongoing construction of its animal feed manufacturing and storage facility.

AFP: British American Tobacco agreed yesterday to pay almost US $50 billion for control of US peer Reynolds American in a move which targets the lucrative United States market and the fast-growing e-cigarette sector.

Tourist arrivals to Maldives rose by 15.9 percent in November, recording its highest year-on-year (YoY) growth in 2016 to 104, 572 as the arrivals from all major regions picked up from a year ago but the visitors from China, its largest sourcing mark

REUTERS: The Sri Lankan rupee traded marginally higher yesterday in light volume as foreign banks sold dollars, but the market expects the currency to weaken after the Central Bank allowed flexibility in the exchange rate, dealers said.

AFP: The number of international tourists rose by four percent worldwide to 1.2 billion in 2016 as Asians travelled more, but security fears hit visitor arrivals in Europe, the World Tourism Organization (WTO) said yesterday.

Sri Lanka will finalize trade agreements with India, China and Singapore by June this year, the Sri Lankan delegation attending the World Economic Forum said yesterday.