Laugfs Holdings, one of the largest diversified business conglomerates and a trusted name in Sri Lanka, yet again clinched an award for its pioneering GnTracker device at the prestigious Asia Pacific ICT Alliance (APICTA) Awards 2016 held recently in

AFP - Spain is enjoying a surge in visitors, but hotel maids are not reaping the rewards and are rebelling against their low salaries, which can be as little as two euros to clean a room.

The Emirates Group, comprising Emirates airline and dnata, has published the sixth annual environmental report outlining the Group’s environmental performance for the financial year 2015-16. The report,

Sarvodaya Development Finance bagged the compliance award in the finance companies and leasing companies sector at the 52nd annual report awards 2016 which was organized by the Institute of Chartered Accountants of Sri Lanka. 

This Christmas and New Year season offers all customers of Swadeshi products a chance to win Rs.100,000 cash gifts from Lanka Sathosa.

Alliance Finance PLC, the third oldest finance company in Sri Lanka added its newest gold loan center to its Island wide network in Ganemulla recently, offering an exciting range of financial products for its community.

A return to the strong, sustainable, balanced, and inclusive growth that Group of Twenty leaders called for at Hangzhou in September still eludes us. Global growth remains weak, even though it shows no noticeable deceleration over the last quarter.&n

The last two weeks of October 2016 saw many pronouncements about the future of Sri Lanka.  These two weeks started with the Annual Sessions of the Sri Lanka Economic Association (SLEA), 

Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide, repeated its success at Campaign Asia’s Agency of the Year (AOY

A renaissance to the Colombo high quality culinary feasting is now facilitated with the new culinary enclave in the Dutch Hospital Square in the form of “BLACK PEPPER”.

People’s Bank proudly launched its new logo recently to reflect the Bank’s evolution to keep pace with new global banking trends and to cater to fast-changing aspirations of customers. 

Hatton National Bank (HNB) once again won recognition at the National Productivity Awards 2015 winning third place in the ‘Service Sector – Large’ category for the second consecutive year. 1st and 2nd place were not awarded. 

NDB recently opened its latest branch in Mahawewa in a bid to support the economic and livelihood development in the  Puttalam district.  

AFP - Lloyd’s of London, the historic insurance market, has drawn up plans to move part of its operations to elsewhere within the European Union when Britain exits the bloc.

AFP - Cash-strapped Cuba has offered to pay its old debt to the Czech Republic with goods it can spare, including its coveted rum, the Czech finance ministry said Friday.

Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) announced that the second Business Plan competition will get underway in January next year, in which the  winning team  will be given the opportunity to take part in the Case St

Leading Asian logistics, BPO, cash management, software development and integrated technology solutions provider, Transnational Group, has created yet another strategic presence in Sri Lanka as Transnational Technology Solutions Lanka (Pvt) Limited,

Following its recent announcement of the addition of the Sri Lankan capital city Colombo to its network of destinations, Gulf Air, the national carrier of the Kingdom of Bahrain, has now rolled out its flight timetable for its five weekly flights.

Emirates has launched its 11th destination in the United States with the start of a daily nonstop passenger service between Dubai and Fort Lauderdale-Hollywood International Airport. A VIP delegation and a contingent of international media were aboar

Kuwait Airways, the national carrier of the State of Kuwait, has confirmed the first of 10 ordered Boeing 777-300ER aircraft has arrived in Kuwait, landing at Kuwait International Airport.

 The European Union (EU) has pledged to extend its assistance to promote investment in Sri Lanka under the current government’s set economic development programme. The EU Ambassador to Sri Lanka Tung-Lai Margue met with Finance Minister Ra

 Following is the keynote address (edited version) delivered by Institute of Policy Studies of Sri Lanka (IPS) Executive Director Dr. Saman Kelegama at the 10th Annual Research Forum of the Sri Lanka Agricultural Economics Association, organised

SLIM Speech Idol is a flourishing platform for sales and marketing personnel to showcase, and shine, in the exciting area of public speaking. 

The Chartered Institute of Marketing (CIM) Sri Lanka announced the appointment of the board for 2017, at the 21st Annual General Meeting which took place on 1stDecember at the Hotel Galadari Colombo. 

In line with the company’s commitment to create luxury living spaces at competitive market rates, Global Housing and Real Estate(GHR), announced the launch of its latest residential project in the heart of Rajagiriya, designed with both residen

Integrated infrastructure and engineering solutions provider MTD Walkers PLC has posted revenue of Rs.3.6 billion for the second quarter of 2016/17.

In order to take benefit of the best set of circumstances Sri Lanka has ever had in the past 50 years, all stakeholders of the economy have to pull their act together, Central Bank Governor Dr. Indrajit Coomaraswamy  stressed recently. 

Sanasa Development Bank PLC (SDB) is planning to raise Rs. 3.3 billion from international financiers through private placement of shares, convertible loan facilities and a senior term loan in order to meet the minimum capital requirements that will b

Sri Lanka’s manufacturing and services sectors have expanded in November from a month ago, mainly supported by the employment and manufacturing activities while the data also pointing to continued expansion of the activities during the next thr

Fitch Ratings revised its outlook on Sri Lanka’s banking sector to ‘negative’ from ‘stable’ as the rating agency foresees more challenging operating conditions with higher bad loans  and mounting pressures on capita