business Sri Lanka

 A married man dejected over the break up of his illicit love affair with another woman has committed suicide inside the portico of the mistress' residence in the wee hours...

Health Minister Dr. Rajitha Senaratne has instructed Health Services Acting Director General Dr. Jayasundara Bandara to conduct investigations on all hospital authorities...

Today, the first day of May is the workers' day. The day is fully assigned and promoted by International Labour Movement for workers to get together as co-workers. Some countries...

 The TangalleYayawatta new town development scheme has come to a standstill and proved to be a white elephant by now. TheYayawatta was to be converted to the next developed...

 Three men involved in jewellery thefts were arrested by Negombo police on Friday. They had stolen items of jewellery by breaking a three wheeler front compartment when the...

World Press Freedom Day will be celebrated on Wednesday. It is observed annually on May 3 to inform the international community that freedom of the press and freedom of expression...

Learning how to regulate your breathing could be the cure for hypertension if it’s caught early enough, a new study claims. Scientists say the neurons which control your breathing...

John Sandford is the author of the Prey series, the latest of which is Golden Prey, available now from G.P. Putnam’s Sons. What was the first book you fell in love with? The...

...

...

  ...

Sri Lanka’s latest contribution to the Colombo sky line, the Lotus Tower is said to be completed in October 2017 and will be opened by the end of the year. The tower upon...

Fitch Ratings has assigned DSI Samson Group,a National LongTerm Rating of ‘BBB+(lka)’. The Outlook is Stable. DSG’s rating reflects leading positions in the domestic rubber tyre...

Union Bank has posted a profit of Rs 147 mn for the first quarter of 2017.The Bank showed a strong 95% growth on Results from Operating Activities, recording Rs. 147 mn in...

Pan Asia Banking Corporation has reported an after tax profit of Rs. 353.4 million for its January - March quarter (1Q’17) recording an increase of 16 percent from the same period...

New Central Bank regulations to increase minimum core capital levels for all licensed finance companies could spur small companies to improve their capital buffers and may reignite...

One of the leading Taiwanese waste management companies is planning to set up office in Sri Lanka to introduce waste management systems with the ability for power generation. APO...

 Bribery Commission Director General Sarath Jayamanne emphasised the importance of expanding the scope of corruption probes even to the private sector. He said there...

Unfavourable weather conditions,sluggish global economic recovery cause economy to grow at a slower rate The Sri Lankan economy has showed early signs of stabilisation...

Demand for memory chips and flat screens for televisions and phones has given Samsung Electronics its best quarterly profits in three years, The South Korean tech giant reported...

Compliance with food safety and quality assurance standards in the production of food and beverages is critically important globally. Locally too, food manufacturers and exporters...

Casons Rent A Car, one of the oldest rent a car operators in Sri Lanka has introduced a mobile Taxi APP to call a taxi from a mobile device. Casons Rent a Car Managing Director,...

Prestige Automobile (Pvt) Ltd unveiled the new MINI Clubman to conquer the premium compact segment. The new model offers the highest level of everyday practicality, long distance...

...

...

...

 A proper regulatory mechanism should be in place before entering into foreign trade agreements, Construction Industry Chamber Secretary General and CEO, Nissanka N Wijeratne...

Seylan Bank has reported commendable performance in the first quarter of 2017 recording profit-after-tax of Rs.866 million, a 20% Year on Year growth. The Bank increased its Net...

SriLankan Airlines won a Gold Award for its destination video “Epic Journey of Sri Lanka on SriLankan Airlines” at the Golden City Gate Awards Ceremony at ITB Berlin recently. The...

Chevron Lubricants Lanka announced a strategic partnership with Japan’s Yamaha Motor Company where Chevron will be producing Yamaha Genuine Oil under the brand “Yamalube”...

The Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce organized a get together recently to discuss the progress made during the recent visit, the Council...

Sri Lanka developed corporate governance solution BoardPAC has entered Nepal with the adoption of the platform by Ncell, the first private mobile operator there. A member...

The Tea Exporter’s Association (TEA) has complained of the high taxes imposed on the sector. They lament that every exporter should renew their licence with the Tea Board...

The biggest ever Public Private Partnership (PPP) effort in recent history enlisting Sri Lankan exports and its private sector surfaced yesterday in Colombo and called for...

Overseas Realty Ceylon PLC’s income reached Rs.503 million in March 2017, which is a 6% increase. The direct operating expenses too saw similar improvements of 6% amounting up...

NDB Investment Bank (“NDBIB”) successfully introduced the Cornerstone Investor Strategy to the Colombo bourse via the recent Initial Public Offering (“IPO”) of RIL Property Limited...

Ceylinco Insurance PLC, announced an incomparable dividend of Rs.27/50 per share to its shareholders for the year 2016, which constitutes a 275% dividend of the original share...

Financial innovator Vallibel Finance called for a double celebration as it relocated to its own premises in Galle, located in the heart of the town. Galle, the location is the...

...

...

The Ceylon Chamber of Commerce (CCC) is making arrangements to publish a Registry of Small and Medium Enterprises operating in the region. The proposed registry, which is currently...

Housing Development Finance Corporation Bank of Sri Lanka (HDFC) signed a MOU with the Central Bank enabling HDFC bank to contribute to the Government’s objective of generating...

SriLankan Airlines, has achieved the distinction of becoming one of only six airlines worldwide to obtain the Quality Assurance Standard (QAS) accreditation for its Voluntary...

Sri Lanka is committed to upgrade intellectual property regimes to move beyond traditional domains of copy rights and patents,Sri Lanka’s Permanent Representative in Geneva,...

Though ‘free attendance invitations’ were offered to several public sector organisations to attend Lanka Business Online (LBO) infrastructure and digital summits, only a handful...