Finance Minister Ravi Karunanayake presented Sri Lanka’s national budget for 2017 in parliament on November 10, 2016.

JAT Holdings stepped in as a sponsor of the National Sales Congress (NASCO) 2016 awards which was held recently at the Water’s Edge.  

Adding yet another unprecedented accolade to its name, the Merchant Bank of Sri Lanka & Finance PLC was recognized as one of the ‘Best Employer Brands in Sri Lanka,’ at the World Human Resource Development Congress, which was organize

Leo Burnett Sri Lanka (LBSL), the local office of the global advertising network Leo Burnett Worldwide, was the only agency from Sri Lanka to earn an accolade at Spikes Asia 2016. 

Abans launched the best, most advanced iPhones ever, the Apple iPhone 7 and iPhone 7 Plus, in grand style n 11th November at their Abans Apple iStore Race Course Colombo 07 amongst a large gathering of dignitaries and customers . 

MI Synergy Pvt Ltd clinched two Bronze Awards for the second consecutive year at the 18th NBQSA ICT Excellence Awards 2016, organized by the Sri Lankan wing of British Computer Society (BCS) with ICTA sponsorship, in E-Government and Services, and Ge

Microsoft, in collaboration with Sarvodaya Fusion, recently conducted a seminar for local NGOs on the importance of adopting digital technology to improve efficiency and better serve their beneficiaries. 

As Exilesoft prepares to take on the honour of sponsoring DevDay SL for the fourth consecutive year, the company is pleased to announce that this time will hold a special surprise for all young  computer enthusiasts.  

Huawei, Sri Lanka’s fastest growing smartphone brand, had increased its market share to over 30 percent in 3Q, according to the market research and user experience research experts GfK report.  Huawei is currently ranked at number two in t

At the e-Swabhimani 2016 held on October 31, Creative Solutions’ nominated products snatched the top prizes in their respective categories.

People’s Bank announced that its ‘YES’ Savings Account has been bestowed with the Gold award for ‘Service Brand of the Year’at the SLIM Brand Excellence Awards, held on 8th November at BMICH.  People’s Bank Di

The National Development Bank PLC (NDB) group saw its net profits for the quarter ended September 30, 2016 (3Q16) increasing by 4.5 percent to Rs.881.9 million or Rs.5.34 a share from a year ago as net interest income (NII) rose amid margins coming u

Amana Bank PLC, Sri Lanka’s first non-interest based Islamic bank, saw its net profit for the quarter ended September 30, 2016 (3Q16) falling by 10.5 percent on year to Rs.45.3 million or 4 cents a share, as the bank shifted from its earlier pr

Nations Trust Bank PLC (NTB), the banking arm of John Keells group, increased its net profit by 12 percent to Rs. 759.8 million or Rs.3.29 a share from a year ago, as the bank was able to contain the squeezing margins while growing its loan book, the

The Association of Chartered Certified Accountants (ACCA) has launched its Global Business Services (GBS) qualifications, a suite of three qualifications dedicated to finance and accounting in the shared services and GBS sector.

In the background of revenue mobilization constraints and emerging public debt sustainability risks, curtailment of the budget deficit is inevitable.

Many people like me watched the political circus in the US elections on CNN almost daily, purely for entertainment. Even when I got a one second introduction to Trump in July in New York by a former US Treasury Secretary, I did not try hard to even g

The aim of the new edition of Intex South Asia, which will take place from November 16 to 18, 2016, at the Sri Lanka Exhibition and Convention Centre, Colombo, is to present and showcase the entire value chain by bringing together the best manufactur

Ce r t a i n c o n t r o v e r s i a l proposals in the budget 2017 are likely to have massive implications 

The 2017 budget has increased the Embarkation Levy to generate greater government revenue at the 

Ceylon Tobacco Company PLC (CTC), the local unit of British American Tobacco, increased its 

?By Chandeepa Wettasinghe The Sri Lankan tourism industry was treated to a shock with the recent 

Fiercer competition and rising capex needs will put pressure on the credit profiles of most Asian telcos over the next year, says Fitch Ratings. “We have a negative outlook on the telecom sectors in 

Shedding light on the budget proposal to impose a 10 percent tax on capital gains made on immovable properties, country’s finance minister said such a tax would be only on the properties 

By Zahara Zuhair Teejay Lanka PLC, the local weft knit textile manufacturing company, which was 

The budget 2017 would lead to greater fiscal consolidation at the same time deliver benefits to the 

REUTERS:  Sri Lankan shares closed nearly unchanged on Thursday in thin trade as investors 

AFP - The dollar soared against high-yielding currencies and Asian emerging markets sank yesterday 

A new chairman will be appointed to state-owned Lankaputhra Development Bank shortly, Minister of Public Enterprise Development Kabir Hashim told Parliament yesterday.

REUTERS: Kenya is relaxing some of its tea industry rules to encourage production of new varieties