Oman Air is delighted to announce the introduction of a new baggage piece concept for launch in January 2017. This change will help Oman Air to standardiz

Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide, is gearing up to host the eighth edition of Leo Art at the Galle Literary Festival

Sri Lanka’s Central Bank yesterday called for greater powers from the announced restructuring of the institution by the government to better regulate the country’s financial system.

Tourist arrivals to Sri Lanka in 2016 crossed little over 2.05 million, growing at a rate of 14 year-on-year (YoY), yet below the revised government target of 2.2 million tourists, the data released by the country’s tourism office showed. 

Sri Lanka’s leading export entity, MAS Holdings (MAS), yesterday unveiled the plaque for its US$ 28 million MAS Fabric Park in Giriulla which will be manufacturing products for one of its key customers, the sports and lifestyle brand Nike.

Property and real estate developer Prime Lands (Pvt) Ltd is to acquire 17 million shares or 75.54 percent of Summit Finance PLC held by Sarvodaya Development Finance Limited at a price of Rs.30 per share aggregating to a total consideration of Rs.510

Imagine that you are a farmer. Your crops are withering as the weather patterns become more volatile, your well water is too salty to drink and rice is too expensive to buy at the market. So, you leave home in search of a better life.

The leading non-bank finance company in Sri Lanka, People’s Leasing & Finance PLC (PLC), opened its 100th branch in the Hanwella town (No: 132/3, Colombo Road, Hanwella) recently. 

REUTERS: Indonesia will drop JPMorgan Chase & Co from providing some services to the government after the bank’s research arm said investors should reduce their exposure to the country, senior finance ministry officials said yesterday.

With a prestigious history of 45 years and trusted excellence backed by loyal customers who have been the source of strength, Kanrich Finance Limited with the intention of delivering an advanced and highly effective service to its trusted clientele l

Seylan Bank commenced work for the year 2017 after religious ceremonies held at the Seylan Bank head office. Seylan Bank PLC Chairman Ravi Dias, Director/Chief Executive Officer Kapila Ariyaratne, Director Rear Admiral Ananda Peiris with the senior m

A new year – a new beginning. Dream big and reach higher this year. Live up to all those resolutions you’ve made over the years. Apply for your HSBC credit card and get one step closer to a world of benefits and privileges. Your HSBC cred

The inauguration of business activities at Sri Lanka Insurance (SLI) took place on January 2 amidst a distinguished gathering comprising Public Enterprise Development Minister Kabir Hashim, Public Enterprise Development Deputy Minister Eran Wickremar

The prosperity, measured by the Sri Lanka Prosperity Index (SLPI), which is a composite indicator that measures and compares the level of prosperity of the country and across its provinces, has improved to 0.864 in 2015 from 0.804 in the previous yea

As the report on refurbishing Sapugaskanda Oil Refinery is expected to be submitted this month, Petroleum Resources Development Minister Chandima Weerakkody said yesterday that, nearly 30 parties have already shown an interest to conduct a field stud

Since the lottery ticket vendors went on strike in protest of the price increase of lotteries by the government, The National Lotteries Board yesterday resorted to sell the lottery tickets itself. A picture shows a vehicle belonging to NLB selling lo

Prime Minister Ranil Wickremesinghe will ceremonially open the water treatment plant in Kadana, Horana constructed under the Kalu Ganga Water Supply Project Phase I Stage II on January 5, 2017, in the presence of Koji Yagi, on behalf of the Ambassado

In order to create awareness on social enterprises and social financing and reflect on their potential to contribute to sustainable development and poverty reduction, an international conference is organised by Lanka Social Ventures in partnership wi

The Sri Lanka–Pakistan Business Council of the Ceylon Chamber of Commerce will be partnering with the High Commission of Pakistan in Sri Lanka, Trade Development Authority of Pakistan (TDAP) and Sri Lanka Export Development Board to organise th

The Jaffna International Trade Fair (JITF 2017), the largest consumer exhibition and trade fair in the fast-growing northern region of Sri Lanka, will have an exclusive pavilion for the education sector due to the high demand for the area, specially

Ceylon Tobacco Company PLC (CTC) yesterday said it is letting go 20 percent of its factory staff on the back of sharp decline in its sales volumes.

With a prestigious history of 45 years and trusted excellence, backed by loyal customers who have been the source of strength, Kanrich Finance Limited with the intention

Fortinet, the global leader in high-performance cyber security solutions issued an alert to all online shoppers in Sri Lanka to stay vigilant when performing online shopping, as a dizzying array of must-have connected devices from smart accessories a

Accelerating its digitalization drive, People's Bank proudly launched its Self Banking Center with CDM/ATM/Kiosks in seven locations  in Colombo district,

DFCC Bank, in its efforts to celebrate the spirit of season has been very active in the month of December, adding to the festive ambience in Colombo. 

REUTERS - Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in the Indian city of Bengaluru, a high-ranking regional government official said yesterday.

REUTERS: Switzerland’s luxury watch sector can profit from a smartwatch boom as more consumers seek high-end versions of the technology, an industry veteran was quoted as saying.

Sri Lanka’s budget deficit up to October was contained at Rs.547.53 billion or 4.41 percent of gross domestic product (GDP) with higher revenue holding back higher expenditure to improve the situation from Rs.612.24 billion or 5.47 percent of G

The Sri Lankan government has been tackling illegal alcohol operations more efficiently recently, which has created more business for formal hard liquor manufacturing companies, the industry’s market leader said recently.

Lamurep Investments Ltd, an investment vehicle which now holds 43.4 million shares or 32.12 percent of Sunshine Holdings PLC, yesterday announced a voluntary offer to buy the remaining shares of the company at Rs.47.50 per share.