business Sri Lanka

The Monetary Policy Review No. 7 of 2017 will be announced on Tuesday, November 7, the Central Bank said in a statement issued yesterday. ...

The Bourse ended in the green yesterday as the ASPI increased by 10.22 points to close at 6,617.36 points, while the S&P SL20 Index increased by 0.53% or 20.51 points to close...

Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. SCBSL’s rating reflects the...

 The per capita income increased in all provinces while only that of the Western province exceeded the national value in both years. The ratio between provincial per...

National Development Bank PLC (NDB) reported a 64% commendable growth in its Profit After Tax over the comparative period to record Rs. 3,310 million for the nine months ended...

President Maithripala Sirisena underscored the need to adopt a dynamic plan to increase agricultural exports, while endorsing quantitative and qualitative standards of agricultural...

Though India is investing several million on developing over 12 international ports, the three deep-sea Sri Lankan ports could still be productive, said Deputy Minister of...

...

...

...

Samsung Electronics has named its new leadership team following the resignation of CEO Kwon Oh-hyun. Three executives have been promoted to joint chief executives of the firm as...

In support of the ongoing relief operations to help those affected by floods and landslides, Shraddha Media Network in partnership with the Maha Karuna Buddhist Society -...

Vacations are often exciting and fun. But there is always a chance that something will go wrong, leaving you stuck in an unfamiliar place with no support structure. This is...

NCW Holdings is on course to expand extensively and improve and refine its services in Sri Lanka, from now on, said Naveen Wijewickrama, Managing Director, NCW Holdings at...

The annual awards night of Finlays Tea Estates was held on September 30, 2017 at the JieJie Beach resort, Panadura. Finlay’s two plantation Company’s Hapugastenne and Udapussellawa...

...

...

...

There was an interesting article by David Andelman in global media suggesting that President Donald Trump should consider recent hurricane victims as a wake-up call on climate...

Fitch Ratings has affirmed Sri Lanka-based National Insurance Trust Fund Board’s (NITF) National Insurer Financial Strength Rating (IFS) and National Long-Term Rating at ‘AA-(lka)’....

Pan Asia Banking Corporation PLC recorded modest performance during its third quarter as well as for the first nine months amid challenging macroeconomic factors including...

The Asian Development Bank’s (ADB) Board of Directors has approved a loan of US$200 million with sovereign guarantee for Ceylon Electricity Board (CEB) to develop Sri Lanka’s...

Trade volume between Qatar and Sri Lanka, which currently stands at US$ 61 million, does not correspond to the immense opportunities available for bilateral trade between...

A Chinese business delegation led by Council for the Promotion of International Trade Shanghai (CPIT Shanghai) visited the Ceylon Chamber of Commerce recently to hold discussions...

Only a few large corporates are engaged in Sri Lankan exports and the government is keen to extend the list of exporters, said Minister of Finance and Media Mangala Samaraweera. Speaking...

Sri Lanka should come up with a long-term policy on foreigners working in the island, said Anthony Watson, Country Manager, Sri Lanka and Maldives, Visa Worldwide (Pte) Limited. He...

Ensuring that every person has access to basic resources such as clean water and quality education will provide rural communities with a greater opportunity to reach their...

Ceylon Planters Society (CPS) held their 81st annual general meeting recently in Colombo and former Planter and former Editor Ceylon Planters Society Bulletin Lalin De Silva,...

Sri Lanka’s leading provider of office automation solutions, John Keells Office Automation (JKOA), recently introduced the innovative 3D printer brand XYZprinting to the local...

Having over 270 young men and women conferred with qualifications from one of Australia’s most prestigious universities is surely a cause for celebration for Nawaloka College...

Food and Nature (Pvt) Ltd, the pioneers of the Sri Lankan Herbal Tea industry in Sri Lanka has been conducted its Fadna Arunella Health Camp at the St. Joseph's Church Jubilee...

The Association of Banking Sector Risk Professionals of Sri Lanka together with the Association of Compliance Officers of Banks organized a Forum on Cyber Security and Trusted...

In line with its commitment to caring for its customers and adding greater value to their lives, Sampath Bank announced that is distributing over Rs.100 million in medical...

The world’s largest computer hard drives manufacturer, the Western Digital Corporation recently partnered with Eternal Asia Lanka (Pvt) Ltd to distribute computer hard drives...

East West Properties PLC has appointed Nishantha Priyanjith Sooriyaarachchi, an Executive Director of the company, as its new chairman, with effect from October 24. Former Chairman...

From October 16-19, the United States Agency for International Development (USAID) strengthened partnerships between organizations and local humanitarian response by co-hosting...

E-W Information Systems Limited, recently announced that the company has launchedthe new EWIS T800RG - Sri Lanka’s very first rugged device – specially manufactured for rugged...

OpenArc, headed by Daya Hettiarachchi recently signed an agreement with Abans Finance. This was to replace the entire software solution implemented by OpenArc at Abans Finance...