The Central Bank has kept key policy rates unchanged at the latest monetary policy review citing overall decline in market lending rates, pick up in private credit and benign inflation.

The Board of Investment (BOI) of Sri Lanka said operations of the BOI industries located within the Gampaha district will be carried out without any interruption during the curfew imposed period.

A total of 23 employees attached to the Colombo Dockyard PLC have tested positive for COVID-19 as of today, the company announced.

UK Prime Minister Boris Johnson has appointed Lord Davies of Abersoch CBE as the new Prime Minister’s Trade Envoy for Sri Lanka on 5th October 2020.

PCR tests of over 250 close associates of the COVID-19 positive employee at Hirdaramani Kahathuduwa facility have come out negative, the management of the apparel manufacturer said.

The Hambantota District Chamber of Commerce (HDCC) has joined hands with the Colombo University China Language Center and the Hambantota International Port to provide Chinese language lessons to Hambantota district residents.

HNB in a statement to media a few minutes ago confirmed that further to one staff member having tested positive for the coronavirus on October 15, all staff working in the relevant area of level 19, HNB Towers and close associates who underwent PCR t

The Colombo Stock Exchange (CSE) now sends a customized daily trade alert to investors at the end of each trade day notifying them of all transactions that are carried out through their Securities accounts in the CDS.

Apparel manufacturing major MAS Holdings said a few of its employees living in the high risk areas have been found COVID-19 positive and hence the company is carrying out PCR tests at all its manufacturing facilities across the island.

The LOLC Group commenced its operations in Zambia recently with the official launch of its inaugural branch located in Lusaka.

Following a routine PCR testing at Hirdaramani Industry, an employee associate attached to the Kahathaduwa facility has tested positive for COVID-19.

Following the Minuangoda factory outbreak that continues to increase the number of Covid-19 positive cases, over 15000 PCR tests have been carried within factories under the Board of Investment (BOI) in the last few days.

Catering arm of the national carrier, SriLankan Catering will soon be launching range of heat-and-eat frozen meals for both local and overseas supermarkets under the brand name ‘Cuisine Gastronome’ in a bid to create other revenue generation aven

The Non-Bank Financial Institutions Supervision Department of the Central Bank is to go through a complete overhaul with a new institutional structure to regulate finance companies.

The Cabinet of Ministers has approved a proposal to set up an Expressway Investment Company, a fully state-owned entity under the Treasury to own and self-finance the ongoing and future expressway projects with revenues generated from toll collection

As Brandix continues to come under harsh criticism for having COVID-19 positive cases among its staffers, leading to a spike in the number of infected persons in the country, the Fabric and Apparel Accessory Manufactures’ Association (FAAMA) urges

Sri Lanka’s merchandize export earnings have surpassed the US $ 1 billion mark in September after July during this year, the Export Development Board (EDB) said.

US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize today for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.

SriLankan Airlines confirmed the media reports stating that an employee of the airline at SriLankan Cargo operations division at the Bandaranaike International Airport tested positive for the COVID-19 virus this morning.

As part of its ongoing initiatives to strengthen the structure to deliver the next phase of strategy, leading conglomerate Ambeon Group today announced the appointment of Shevan Goonetilleke as Director/Chief Executive Officer of their technology sub

To support education excellence among children, business magnate and philanthropist Dhammika Perera and his wife Priscilla Perera have launched another initiative.

DIMO Lanka said it closed its head office located at Jethawana Rd, Colombo 14 today as a precautionary measure to contain the possibility of spreading COVID-19 among staffers.

The Commercial Bank of Ceylon today announced the completion of all formalities relating to the private placement of shares with the International Finance Corporation (IFC) and the receipt of US$ 50 million (Rs.9.215 billion) from the latter for 115,

The government has no intention of going for an International Monetary Fund (IMF) bailout programme as there is no need for such a thing as the debt services have been effectively managed, Minister of Finance, Capital Markets and State Enterprise Ref

Deputy Governors Dr.Nandalal Weerasinghe and H.A. Karunaratne have retired from the Central Bank.

The Sri Lanka Tea Board (SLTB) has embarked on an innovative initiative to promote the Ceylon Tea brand during the global pandemic by distributing to the international business community ‘Ceylon Tea dyed’ face masks.

Moody’s Investors Service today downgraded the Government of Sri Lanka’s long-term foreign currency issuer and senior unsecured ratings to Caa1 from B2 and changed the outlook to stable.

The main All Share Price Index (ASPI) of Colombo Stock Exchange (CSE) today crossed the 6, 000 point psychological mark amid aggressive play on a few illiquid stocks, which have limited public free float.