Sri Lanka could look forward to up to US$ 4 billion in Foreign Direct Investments (FDIs) next year, despite a disappointing FDI performance in recent times, Finance Minister Ravi Karunanayake said at a media briefing recently.

Idea Group of Companies launched 54 showrooms that offer a total roofing solution, islandwide. The unveiling of all Siyana showrooms took place simultaneously at all locations, in one day, at the same time.

It does not seek to break records, but the larger-than-life stylised depiction of a Christmas tree at the Arpico Supercentre at Hyde Park Corner, Colombo, is attracting droves of selfie takers and happy snappers as they shop at the retail giant&rsquo

With the appetizing fragrance from the oven adding to the festive air, Renuka Foods has laid out a mouth-watering array designed to make your Christmas fare better and brighter this season.  Going hand in hand with this cavalcade of delectable g

Searching for that dream pair of shoes that is stylish, versatile and comfortable? Well, look no further. This Christmas, Abans PLC, being Sri Lanka’s sole distributor for Skechers -- a global leader in performance and lifestyle footwear, now o

Already firmly established with a rapidly growing customer base, household concierge service Direct2Door is encouraging everyone living within Colombo and Greater Colombo to experience its improved utility and convenience, not just in terms of door-t

The Management Faculty of the University of Kelaniya recently conducted a market research study to ascertain consumer views and preferences, with a view to studying various aspects of purchasing behaviour among consumers when buying chicken.

Sir John Templeton (1912-2008) may be gone, but he’s still remembered as one of the greatest investors of all time. For one, Sir John popularized the idea of investing globally for the  US investors. 

Labour migration and related remittances play an important role in the Sri Lankan economy. Until recently, labour migration from Sri Lanka was dominated by females departing as housemaids. 

Last few weeks, we spoke about company renewal and we concentrated on the rethink, reinvent and reposition processes. However, even the best process in the world won’t help if the dialogue between the decision makers and the working team is poo

Colombo International Container Terminals (CICT) has been presented with a ‘Highly Commended’ certificate in the ‘Port Operator’ category at the prestigious Lloyd’s List Middle East and Indian Subcontinent Awards for 201

The Gemcon Group, one of Bangladesh’s top business conglomerates (including the leading supermarket chain Meena Bazar), has engaged MTI to for the 8th project since MTI’s inception in Bangladesh in 2006. 

Verité Research, in partnership with the Lanka Fruit & Vegetable Producers, Processors and Exporters Association (LFVPPEA) held a roundtable discussion recently on “Boosting Agri Exports: Reducing Domestic NTB’s”at the Ce

The Jaffna International Trade Fair (JITF 2017), the largest Consumer Exhibition and Trade Fair in the fast-growing northern region of Sri Lanka, will be held from January 27 to 29, 2017 for the 8th 

The International Chamber of Commerce Sri Lanka (ICCSL), which has been advocating market and economic reforms since its inception, reiterated its commitment to focus on consulting closely with the government and various other stakeholders in impleme

AFP - The European Central Bank must stick to its price stability mandate and not be swayed by politics, Germany’s top central banker said yesterday, warning against extending loose monetary policy for too long.

Rising star Quebee Den has once again been awarded one of Sri Lanka’s highest accolades with its Founder/CEO Rohanthi Wijewickrama adjudged the winner at the Junior Chamber International’s (JCI) Top 10 Outstanding Persons of Sri Lanka, fo

As the premier professional body which promotes green constructions, the Ceylon Institute of Builders (CIOB), presented the coveted CIOB Green Mark award certification and plaque to NSBM University, the first-ever green university in the whole of Sou

REUTERS: The Sri Lankan rupee fell for a third session yesterday as banks bought the dollar after the Central Bank raised spot reference rate further and the U.S. Federal Reserve signalled more tightening next year, dealers said.

The recently concluded Cinnamon Covershot Challenge powered by IFC turned out to be immensely successful. The second edition of this highly anticipated event especially among professional and passionate photographers focused its attention on Sri Lank

Osethma Ayurveda Hospital, the renowned and famed name in the Ayurveda medical field in Sri Lanka, has introduced the herbal medicine Osethma Slimming to treat patients suffering  from obesity.

AFP - The US government this week announced it was taking aim against illegal Chinese restrictions on imports of American grain, as well as price supports China provides for domestic farmers.

As the world strives towards achieving sustainable environmental processes and practices, it becomes a shared responsibility of every individual to both actively participate in such initiatives and make their contribution. This is no more an option,

Ambiga Jewellers (Pvt.) Ltd, the illustrious jewellers of the nation with an immaculate reputation in the jewellery field in Sri Lanka, celebrated its 40th anniversary in a grand note recently.

AFP - The dollar held its gains against most other currencies in Asia yesterday following the Federal Reserve’s interest rate call, while the unit’s surge against the yen provided fresh impetus to Japanese stocks.

The University Business Linkage (UBL) programme held its fourth national event at the Lakshman Kadirgamar Institute of International Relations and Strategic Studies in Colombo 7 recently.

AFP - A Singaporean private banker was sentenced to two weeks jail yesterday for fraud relating to Malaysia’s 1MDB financial scandal, becoming the second person convicted in the international multi-billion dollar affair.

With a view to further promote bilateral trade and commercial activities, the Ceylon Chamber of Commerce (CCC) this week signed a Memorandum of Understanding with the Chamber of Commerce and Industry of the Republic of Tajikistan.

Lakshi Salon and Academy, established in 2008 in Ratnapura, won prestigious awards at the recently concluded award ceremony organised by the Federation of Chambers of Commerce and Industry held at Stein Studios in Ratmalana.

The 2016 macro story is finishing on a mixed note with China expected to hit its growth target and activity in Japan picking up, S&P Global Ratings said in a report published yesterday, titled ‘Asia-Pacific Economic Snapshots--December 2016