business Sri Lanka

March 17, 2018 was a ‘Blue and Gold’ day to the beautiful Southern coastal city of Matara as Rahula College pledged its pride and solidarity decorating ground, sky and waters...

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Global Vinyl Limited (GVL), the pioneering Vinyl flooring and synthetic leather manufacturer in Sri Lanka recently won widespread recognition at Architect 2018, receiving...

Tokyo Cement Company (Lanka) PLC rewarded their Top Dealers for outstanding performance at the Annual Dealer Convention held on March 17, at the Cinnamon Grand Colombo. City...

Dipra Engineers a leading multi – disciplinary engineering company, has extended their business by establishing a new division for construction equipment for the civil sector. The...

Idea Group Limited that offers revolutionary roofing solutions and interior decorating solutions to Sri Lankans and international buyers recently bagged three awards at two...

Team Phoenix from the University of Moratuwa were adjudged the winners of the inaugural SLASSCOM 4iR Hackathon at the grand finale of the event that was held at the Kingsbury...

FlySmiLes, the frequent flyer programme of SriLankan Airlines, has relocated its Service Centre, in order to provide an enhanced service to its members in Sri Lanka and around...

John Keells Holdings PLC (JKH) won the Platinum Award at the Women in Logistics and Transport (WiLAT) Sri Lanka’s “HeforShe” Awards on Friday March 23rd 2018. WiLAT Sri Lanka,...

The U.S. economy grew at a 2.9 percent annual rate in the final three months of 2017, the Commerce Department said Wednesday. That's slightly faster than the previous 2.5...

Hong Kong has become more “China-centric,” enabling Singapore to take the lead when multinational companies look to set up their Asian headquarters in the region, according to...

Pakistan is depleting its dollar reserves at the fastest pace in Asia and may soon have a buffer that’s smaller than Cambodia, an economy that’s less than a 10th of its size, reported...

The Indian economy grew at five quarter high of 7.2 percent in the October-December period reflecting overall recovery due to good show by agriculture, manufacturing, construction...

The International Monetary Fund has just released the findings of its Article IV consultation with Myanmar in which it welcomes the country’s economic rebound but cautions...

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Holdings acquired 30% stake of Japan’s ORIX for Rs. 12.8 billion Yesterday. LOLC bought 142,458,490 shares at Rs. 90 per share. These shares had closed at 111.00 rupees on Tuesday. LOLC...

Ratings has assigned Nations Trust Bank PLC’s (NTB, A(lka)/Stable) Sri Lanka rupee-denominated proposed Basel III-compliant subordinated unsecured debentures a final National Long-Term...

Sri Lanka’s rubber sector received a major opening from world’s leader in car production when Slovakia, world’s leader in car production called for using Sri Lankan rubber...

India’s leading automaker Mahindra and Mahindra Limited (M&M) announced setting up of a Joint Venture (JV) with Sri Lanka-based Ideal Motors Private Limited (Ideal) for...

The newly opened Batticaloa Airport (Code : BTC) will offer free landing charges for a period of six months, said Minister of Transport and Civil Aviation, Nimal Siripala...

Sri Lanka is close to concluding two more bilateral trade agreements, an Economic and Technology Cooperation Agreement with India and a comprehensive Free Trade Agreement...

Intervest Software technologies, a venture which began as a start-up initiative by a dedicated team of individuals led by British entrepreneur Ryan Howsam, celebrates its...

Ceylinco General Insurance bestowed its heartfelt gratitude to all Sri Lankans young and old for voting the company as their undisputed choice yet again, ‘People’s Insurance...

Tokyo Cement Company (Lanka) PLC rewarded their Top Dealers for outstanding performance at the Annual Dealer Convention held on March 17, at the Cinnamon Grand Colombo. City...

Autobahn, a one stop shop for premium vehicle brands in Sri Lanka, recently signed a Memorandum of Understanding (MoU) with Colonial Motors. This MoU will give customers of...

Softwave Printing and Packaging won the Gold Award for the ‘Brides Of Sri Lanka’ magazine in the Magazines and Periodicals Category at the recent Print Awards 2018, making...

Global Vinyl Limited (GVL), the pioneering Vinyl flooring and synthetic leather manufacturer in Sri Lanka recently won widespread recognition at Architect 2018, receiving...

United Motors Lanka Plc entered into a sale and purchase agreement with T V Sundram lyengar & Sons (Private) Limited, India to dispose of the entire shareholding of United...

The Basel III compliant Tier 2 debenture issue of DFCC Bank to raise up to Rs 7 billion was oversubscribed on the opening day Monday, according to a Colombo Stock Exchange filing. The...

Fitch Ratings has affirmed Sri Lanka-based conglomerate Hemas Holdings PLC’s (Hemas) National Long-Term Rating at ‘AA-(lka)’ with a Stable Outlook. Fitch has also affirmed the...

The Distilleries Company of Sri Lanka PLC(DCSL PLC ) informed that due to deviation with regard to the previous approval obtained from the Securities and Exchange Commission of...

India’s new GST system will bring down the cost of imports and exports for Sri Lanka from and to India. The traders based in Sri Lanka will not have to bear the cost of any...

The Government intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in United State Dollars (USD) or Japanese Yen (JPY) or Euro or their combinations...

Sri Lanka had missed many opportunities to transform itself into a developed nation and there is a need for robust policy initiatives to improve the country’s investment climate...

NDB has been named the “Best Bank in Sri Lanka” by the prestigious Global Finance Magazine at the 25th Annual Best Bank Awards in the Asia Pacific. The award is conferred...

The government will re look at some of the regulations in the new Inland Revenue Act, said Prime Minister Ranil Wickremesinghe speaking at the induction ceremony of the new...

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Ebert Silva Tours and Travels will host a series of CSR and religious events to mark the 6th Death Anniversary of its founder Ebert Silva who was a legend in Sri Lanka’s travel...

Russel’s Group of Companies and Russel’s Tea Service will be celebrating 30 years and would be offering a profit sharing model for their employees. Creator of Russel’s Tea...

Aitken Spence Hotels’ wellness resort, Heritance Ayurveda Maha Gedara was commended for its product and service excellence by German health and wellness operator Neue Wege...

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