business Sri Lanka

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Fitch Ratings has assigned DFCC Bank PLC’s (DFCC; AA- (lka)/Stable) proposed Sri Lanka rupee-denominated senior debentures an expected National Long-Term Rating of ‘AA-(lka)(EXP)’. The...

The concept of digital is not deeply embraced by senior board members at some large corporations in Sri Lanka and lack of digital confidence at board levels hurts the growth of...

The Department of Census and Statistics (DCS) in a survey conducted reveals that in the first half of 2018, at least one computer is available in 22.9% of households in the...

The Ministry of Development Strategies and International Trade along with the Export Development Board (EDB) will implement seven pilot projects for the development of agriculture...

Dr Parakrama Dissanayake , Secretary to the Ministry of Ports & Shipping and Southern Development presenting the final draft of the National Policy for Maritime and Logistics...

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The Bank of Ceylon’s ‘Aaradhana’ Sri Lankan classical music concert was recently staged at the BMICH Colombo. The event took place on January 29, with the patronage of the...

Regional Print Excellence Awards 2019, the highly anticipated event in the biennial calendar of the Sri Lanka Association of Printers, (SLAP) the Regional Print Excellence Awards...

The fourth annual Lanka Property Show 2019 is organized by LankaPropertyWeb, will be held on February 9 and 10 at the Kingsbury Hotel’s Balmoral Hall. The event is Sri Lanka’s...

The Sri Lanka Association of Software and Services Companies (SLASSCOM) hosts the first-ever Robotic Process Automation (RPA) Conference and Hackathon Awards on 13th February 2019...

The economic diplomacy activities carried out by the Sri Lankan missions abroad and the foreign ministry at large is commendable said President of National Chamber of Commerce...

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The Board of Directors of Colombo City Holdings PLC by resolution passed on January 28, 2019 decided to acquire the entirety of the shares held by Ambeon Capital PLC and Taprobane...

LKI’s Executive Director, Dr.GaneshanWignaraja recently stressed the need for having a national debate on how to move on from the political crisis to an economic policy agenda...

The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling it to handle a greater volume of activities...

Regional and bilateral trade agreements need to pave the way for SMEs to be meaningfully integrated with global value chains, Asela De Livera, newly appointed President of...

The 60th AGM of the National Chamber of Commerce was held on January 19 at the Kingsbury Hotel. Former President of the Chamber , Speaker Karu Jayasuriya was the Chief Guest...

In March 2018, funder and renowned business leader, Ajit Gunewardene saw an opportunity to expand his business portfolio at Bluestone Capital, a private equity and venture...

The newest addition of John Keells Holdings PLC, to the Plasticcycle initiative is the collaboration with the Department of National Zoological Gardens to place plastic collection...

 Five Sri Lankan companies participated at the Paperworld 2019 Exhibition organized by Messe Frankfurt, which was held from January 26 to 29 in Frankfurt Germany. Madhawee...

In recent years, retail customers have got their demands for a simple and seamless digital experience answered. From purchase to payments, there has been no short of innovation...

Fitch Ratings has affirmed Sri Lanka Telecom PLC’s (SLT) Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘B’. The Outlook is Stable. The agency has simultaneously...

State Trading (General) Corporation earns Rs. 61.43 million in the financial year 2018, data shows the profit of the company. It is a growth of 19.3% over the 2017 financial...

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The Sri Lankan spice sector is looking at expanding the sector with technological collaborations and investments following the Global Spice Road Symposium in Colombo in June. The...

According to the Logistics Performance Index compiled by the World Bank, Sri Lanka has moved up 11 places to 79 in 2018 compared to that a decade ago. Furthermore, in the...

Ports, Shipping and Southern Development Minister Sagala Ratnayaka said the implementation of the proposed port tariff revision will be deferred until March 15 considering...

The new tea factory of Maxims Holdings Company established at Mulleriyawa, Ambathale area was opened by the President Maithripala Sirisena yesterday. This modern tea factory...

People’s Leasing & Finance PLC (PLC), the non-bank finance sector affiliated to the People’s Bank was recognized as one of the 10 best companies in Sri Lanka, at the ‘Best...

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka has welcomed the appointment of an eminent Fellow of the Institute as the new Secretarytothe Ministry of...

The North East will receive a tremendous economic and tourism boost with the proposed development of the Palali airport, said Government Agent, District Secretary Jaffna,...

The Trump administration imposed sanctions against Venezuela’s state-owned oil company on Monday, seeking to cripple the government of embattled President Nicolás Maduro by cutting...

In the early morning of January, as the snow covering the Atlas Mountains in central Morocco remains unmelted, the Chinese staff of the Noor Concentrated Solar Power or CSP...

The Kingdom of Saudi Arabia (KSA) has introduced new customs rules asking travellers to submit declarations to the customs authority if they carry goods or currencies equivalent...

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Trincomalee and Galle harbours will operate 24/7 with night navigation before the end of this year, Ports, Shipping and Southern Development Minister Sagala Ratnayaka said. The...

Norway is committed to bilateral cooperation on oceans and to helping Sri Lanka put in place data based management of ocean resources, which will enable Sri Lanka to better...

Footwear and Leather Product exports have surged by 300 percent in the 10 year period of 2008 to 2018, the Export Development Board (EDB) revealed. In 2018, its exports totalled...