Marking another first in the history of the Colombo Stock Exchange, an active Member of Parliament (MP) has been appointed to the board of directors of a listed entity.

Nawaloka Hospitals PLC’s Rs. 1.5 billion rated, unsecured, redeemable debenture issue was oversubscribed yesterday.

Fitch Ratings has assigned Abans Limited's proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion, an expected National Long-Term rating of ‘A-(lka)(EXP)'.

Every year, AIA Insurance presents higher education scholarships to the students who top the batch in each of the 25 districts in Sri Lanka in the year 5 government scholarship examination.  AIA presents scholarships to year 5 batch toppers pure

Fitch Ratings has assigned Abans Limited's proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion an expected National Long-Term rating of 'A-(lka)(EXP)'.

A Tokyo-based healthcare information infrastructure company has bought Sri Lanka’s E-Channelling PLC, a pioneering internet-based doctor channeling business.

With the aim of providing an opportunity for women to manage their finances effectively and efficiently, Amana Bank has introduced ‘Amana Bank Ladies Savings Account’ targeting the female population of the country.

None of the depositors of the beleaguered finance company, Central Investment and Finance Company PLC (CIFL), who met at New Town Hall yesterday, endorsed the Central Bank (CB)-approved restructuring plan, according to the Depositors’ Associati

Sri Lankan companies are still highly reliant on Highest Paid Person’s Opinions (HPPOs) and are less driven by data for their decision making, according to a top Google official

Amana Bank recently extended its support to refurbish the Radiology Unit of the National Cancer Institute in Maharagama. The refurbishment project was undertaken with the aim of providing an efficient and speedy service to patients.

The Spikes Asia festival will be held in Singapore from September 15-17, featuring an extensive programme filled with seminars, workshops, academies, networking, awards and entertainment. This event is promoted by Metal Factor and the Association of

The Colombo Civil Appellate Court issued an order preventing an exemployee of one of Sri Lanka’s leading computer hardware distributors eSys Technologies Lanka (Pvt.) Ltd from serving or joining a competitor.

Amana Bank recently introduced its very own Easy Payment Plan to facilitate salaried customers to purchase furniture, household and personal appliances in a convenient ‘pay as you use’ mechanism.

Ceylon Biscuit Limited (CBL), the country’s largest manufacturer and exporter of biscuits and confectionary products is in the process of expanding its manufacturing operations to Bangladesh and Myanmar.

Apple on Tuesday unveiled two new iPhones, fielding a slick new top-end model along with one aimed at budget-conscious smartphone shoppers around the world

Closely following the success of winning six awards from the League of American Communications Professionals (LACP), AIA Sri Lanka’s 2012 Annual Report has won yet another accolade – a Gold Award under the category ‘Traditional Annu

PTI: Power Grid Corporation is seeking a “viable return” for a proposed undersea transmission cable linking India and Sri Lanka, which has been delayed.

BUSINESS STANDARD: The country’s largest car maker Maruti Suzuki India (MSIL) will take a final decision on setting up an assembly unit in Sri Lanka by the end of the current financial year. The facility, if commissioned, would be the first fac

The Institute of Certified Management Accountants of Sri Lanka (CMA) has organized a workshop on “GRI New Standards” in association with South Asian Federation of Accountants (SAFA) and Global Reporting Initiative Focal Point India. The w

Softlogic Holdings PLC announced a franchise agreement with Singapore-based BK AsiaPac Pte Ltd to develop, open and operate Burger King Restaurants in Sri Lanka.

Amana Bank expanded its services to the Trincomalee district with the opening of its 23rd branch at Kinniya recently. With the entry to Kinniya, the Bank expands its presence in the Eastern Province to eight locations.

Sri Lanka, August 28, 2013: Discovery Networks Asia-Pacific (South Asia) announced the launch of its eighth channel - DISCOVERY KIDS - in Sri Lanka.

Despite the several social and economic hindrance to the illegal alcohol industry growth, the country’s tax policy in fact encourages it which causes the legal, regulated and responsible sector to shrink, charged a top official of a listed dist

Leading socioeconomic experts and influential policy advisors of South Asian countries gather in Colombo today at the start of the 6th South Asia Economic Summit (SAES) kicking off at the Cinnamon Grand hotel.

Sri Lanka Tourism’s novel Joint Mega Promotional campaign named “Sri Lanka Shines in Beijing”, started off in the Chinese capital yesterday with the aim of attracting potential Chinese travelers to Sri Lanka.

Eranga Perera receiving the iPhone 5 from Wijeya Newspapers officials Gehan Blok - Head of Digital Media and Umair Wolid -Marketing Manager - Digital Media

Legislation concerning accreditation and quality standards for higher education institutes operating in Sri Lanka is nearing completion and will be opened to the public by early next year, according to University Grants Commission (UGC) Chairperson P

Cargills (Ceylon) PLC announced a major corporate restructuring of the group, including the transfer of all retail operations to a new subsidiary, Cargills Food Company (Pvt.) Ltd.

Lanka IOC (LIOC) will be introducing Euro 3 Diesel to the Sri Lankan market by 2014 and will also be investing Rs.90 million to modernise the required infrastructure to support this introduction, the company’s latest annual report stated.

Around 35 percent of food is lost between harvest and distribution across the Asia-Pacific region, depriving millions of nutrition, the UN’s Food and Agriculture Organisation said yesterday