REUTERS:  The Sri Lankan rupee ended weaker yesterday due to mild importer dollar demand, but month-end inward remittances capped the fall, dealers said.

The country’s pharmaceutical chamber yesterday categorically denied the allegations that its members were hoarding pharmaceuticals to create an artificial shortage in the market in light of the recent government gazette significantly slashing t

Nations Trust Bank PLC (NTB) yesterday disclosed its plans to raise up to Rs.5 billion through a listed debenture issue.

REUTERS: Sri Lankan shares ended yesterday weaker at a three-month low in thin trade ahead of a monetary policy announcement by the Central Bank, as the prime minister’s plan for improving the investment climate failed to cheer the market.

Senkadagala Finance PLC is gearing to raise Rs.3 billion through a listed debenture issue. The finance company has received the preliminary approval to list the debt instruments on the Colombo Stock Exchange (CSE). 

An exciting new online design and print ordering resource has been unveiled in Sri Lanka by Print Point (Pvt.) Ltd, a leading on-demand, quick-print digital printing specialist. 

One of Sri Lanka’s leading providers of enterprise solutions for the Asia Pacific region, Duo Software (Pvt.) Ltd, has been awarded the Gold award under the Communications Applications category at National Best Quality Software Awards 2016 (NBQ

Intex South Asia 2016, the only international sourcing fair in South Asia that showcases the best in yarns, fabrics (apparel and denim) and clothing accessories, will welcome more than 150 exhibitors from Italy, Japan, South Africa, Korea, China, Sin

Deni A. Dukic, General Manager of Galle Face Hotel Colombo handing over a donation cheque to the Trail team. From left: Rajendra Theagarajah Director/ Chief Executive Officer at National Development Bank PLC (NDB), Deni A. Dukic, Sarinda Unamboowe Co

RV Fashion was recognized at the FLAME 2016 Western Province Entrepreneur Awards recently for their contribution to the readymade  garment industry.

As one of Sri Lanka’s leading textile manufacturer, having completed the initial Rs. 1 billion expansion programme, South Asia Textiles has decided to embark on another very ambitious expansion programme to infuse the very latest state-of-art t

The Sri Lankan insurance industry performed well during the first half of the year 2016 with a commendable growth of 17.01 percent, in terms of gross written premium (GWP), when compared to the same period in the year 2015. This growth is relatively

CAMMS has won two awards at National Best Quality ICT Awards (NBQSA) 2016 in Sri Lanka for its software solutions for the healthcare sector.

While consumer preferences for food and beverages are continually changing, the need for enhanced tastes and sensorial experiences persist.

Remittances are the bedrock of Nepal’s economy. They’ve quadrupled since 2010 thanks to 2 million Nepalis who work abroad, generating nearly one-third of the gross domestic product.

Microsoft recently hosted a supplier communication and compliance awareness session to educate and update suppliers the company frequently engages with, on the company code of conduct expectations. 

Les Entreprises du Voyage (LEV), the French travel agents’ and tour operators’ association, yesterday committed to helping boost tourism into Sri Lanka while kicking off LEV’s annual congress, which the island nation is hosting this

Ceylon Oxygen Limited (COL), a subsidiary of leading gases and engineering company, The Linde Group, was adjudged the sectoral award winner for ‘Transport Sector Safety’ at the recent National Occupational Safety & Health Excellence A

For every missed call given to 1357, Sri Lanka Insurance (SLIC)  will donate Rs. 10 towards Paediatric Ward of National Cancer Institute, Maharagama.

Government commitments to step up privatisation, repair its balance sheet and encourage more listings should help broaden the base of Sri Lanka’s capital markets and draw stronger flows of Foreign Direct Investment (FDI) into the economy.&

A regional leader in restaurant management solutions, Omak Technologies, is gearing up for an aggressive push into ASEAN markets, having secured Rs. 85 million in investments. 

Lanka IOC PLC has embarked on the organization’s next Corporate Social Responsibility (CSR) stance by giving a generous donation towards the Trail Walk initiative which took place in October this year. 

Champs of HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) were awarded with fiveesteemed awards at the 16th National Sales Congress (NASCO) organized by SLIM which was held recently. 

John Keells Foundation recently commissioned two reverse osmosis filtration systems in the Trincomalee district under a pilot collaboration with the National Water Supply and Drainage Board (NWSDB). 

Ceylon Pencil Company (Pvt) Limited, better known as Altas won the award for the Best Occupational Safety and Health provider in the ‘Large Scale Manufacturing Sector’ category at the National Occupational Safety and Health Excellence Awa

People’s Leasing & Finance PLC, the foremost finance company in Sri Lanka’s non-bank finance sector bagged two Silver awards under financial products and services category at the 16th SLIM-NASCO awards ceremony held at the Eagle Lakes

Commercial Bank of Ceylon has unveiled Combank Max Loyalty Rewards, offering loyalty benefits for both debit and credit card holders for the first time in Sri Lanka, enabling the cardholders of the bank to accumulate points whenever they use their ca

The world-renowned Global Finance magazine recently recognized and listed Amãna Bank in the magazine’s ‘Innovator 2016’ index for its novel Gold Certificate Financing product, which was introduced as an alternative for conven

Cargills Food City together with Unilever Sri Lanka raised the curtains for yet another season of shopping filled with joy and excitement with the announcement of ‘Shopping Star – Season 4’, a one-of-a-kind shopping promotion. 

I’m very excited to announce the general availability of the Oracle Bare Metal Cloud Services. At Oracle Open World, we announced our investments in an industry-first, modern infrastructure-as-a-service platform. The Bare Metal Cloud Services i