business Sri Lanka

Prosperous Capital & Assurance Limited (PCA) will be celebrating their third anniversary on Monday and it functions as a fully-fledged Micro Finance Company with an asset...

LB Finance PLC clinched three elite awards at the 52nd Annual Report Awards organized by the Institute of Chartered Accountants of Sri Lanka for their excellent performance,...

At the recently concluded National Business Excellence Awards organised by the National Chamber of Commerce, CDB was lauded with a Gold award in the Non-Banking Financial...

The Association of Container Transporters (ACT), a responsible trade body tasked with improving standards of the local container transport trade, hosted its 31st Annual General...

Deutsche Bank AG said it has reached a $7.2 billion agreement to resolve a years-long US investigation into its dealings in mortgage-backed securities, removing a legal hurdle...

Shares of newly formed Melstacorp limited the holding company of Distilleries will commence trading on the Colombo Stock Exchange from today. A total of 1,165,397,072 ordinary...

Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with...

 The Ceylon Fishery Harbours Corporation (CFHC) inaugurated the sea-sand dune removal programe at Oluvil Fisheries Harbour and the Commercial Harbour area by ‘SAYARU’...

The Government plans to raise a Foreign Currency Term Financing Facility (FTFF) denominated in United State Dollar (USD) up to a limit of USD 1,000 million in 2017. The FTFF...

Sri Lanka’s total export earnings fell 1.68 percent in the first 10 months to $8,675 million compared to the corresponding period in 2015. Cumulative export earnings of spices...

 A Swiss investor is planning to put up one of South Asia’s most tech savvy dairy farms in Ambewela with an investment of Rs 900 million. The project was initially planned...

Saudi Arabia has already been forced to tighten its belt. Now it's preparing for four more years of austerity. Slammed by lower oil revenues, the kingdom's budget deficit swelled...

Colombo equities demonstrated positive investor sentiment yesterday. The Benchmark Index, ASPI closed the day at 6,245.71 points, gaining 17.20 points or +0.3%. This was mainly...

The international leader in German Hardware Technology, Hafele set up another pro-active approach to facilitate its customers by partnering with the Sri Lankan leader in e-commerce...

NEW DELHI: India is planning to further expand connectivity with it closest South Asian neighbour Bangladesh during PM Sheikh Hasina's proposed visit to Delhi mid-February. In...

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Colombo equities demonstrated positive investor sentiment yesterday. The Benchmark Index, ASPI closed the day at 6,337.82 points, gaining 10.52 points or +0.17%. This was mainly...

Microsoft Sri Lanka, together with Sarvodaya Fusion, hosted YouthSpark Live - an event meant to encourage, empower, and excite participants of all ages and varying backgrounds...

Continuing an unbroken tradition of nearly four decades, the Siddhalepa Group this year too, will take on a “healing role” to approximately 15 lakhs of devotees when they...

  When there is lack of correct leadership in institutions and if the leader of an institution is incapable to handle the ‘truth’ as a result of not seeing or not knowing,...

PBSS has inked an agreement with J.L. Morison Son & Jones (Ceylon) PLC (JLM) for the implementation of SAP Business One HANA version on December 23, 2016 at Hemas House...

Abans Finance has announced that it will raise Rs 277 million via a rights issue. Accordingly, the company will issue 11,093,595 shares in the proportion of one new ordinary...

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) announces that despite the negative economic impact consequent to the implementation of the price ceiling on 48 essential...

Dr. Patrick Dixon, a globally acclaimed futurist and a growth strategist says he is very upbeat about Sri Lanka’s future and our culture of innovation. Dr. Dixon, the Chairman...

The Commercial Bank has been declared the ‘Best SME Bank’ in Sri Lanka in 2016 by International Finance Magazine (IFM) of the UK, for ‘making a significant difference and...

The Sri Lankan property development industry is bound to grow and has a huge potential to attract investment to the country, said Foreign Minister Managla Samaraweera at the...

The ground breaking ceremony to commence the construction for USD 166 million Havelock City Commercial Development project got off the ground yesterday under the auspices...

Etihad Airways Engineering and Lantal Textiles AG have launched the first Flammability Test Laboratory in the Middle East, for regional customers within the aviation industry,...