business Sri Lanka

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India’s new port-led development strategy, Sagarmala, is an ambitious, large scale project that is slated to improve India’s port operational efficiency and harness the...

AIA Insurance Lanka PLC (AIA Insurance Lanka) announced that it intends to delist the Company’s shares from the official list of the Colombo Stock Exchange (CSE), subject to shareholder...

Fitch Ratings revised the Outlook on the National Insurer Financial Strength (IFS) Ratings of Sri Lanka-based life insurer HNB Assurance PLC (HNBA) and its fully owned non-life...

Leading Sri Lankan insurer, Janashakthi Insurance PLC (Janashakthi), delivered steady growth during the period under review, registering 8% growth in First Year premiums,...

Commercial Credit and Finance PLC Group recorded a strong performance for the quarter ended December 31, 2018 with an un-audited Profit Attributable to Shareholders of Rs....

HNB Assurance Group delivered striking financial results for 4Q 2018, posting a Profit After Tax (PAT) of Rs 2.7 billion. This includes the regular profits for the period...

Sri Lanka needs to implement much needed economic reforms at least for the next five years, particularly to address the issue concerning the debt burden, Dr. Ganeshan Wignaraja,...

Hong Kong Exchanges and Clearing, which operates the Hong Kong stock exchange, the third-largest bourse in Asia, reported a record net profit of HK$9.3 billion (US$1.18 billion)...

China’s mechanical industry will maintain an overall stable growth in 2019, the China Machinery Industry Federation said Monday. The industry is expected to see a 6.5 percent...

The Indian economy’s momentum continues to slow, shows the latest update of the Mint Macro Tracker, launched in October last year to provide a state-of-the-economy report...

The sixth seminar for the North Central Province entrepreneurs on the national program of developing 2000 New Exporters was held on February 22, 2019 at The Golden Mango Resort,...

Sri Lanka China Business Cooperation Council (SLCBCC) will be conducting a seminar on “How to benefit from new policy shifts in Chinese economy” today (28) commencing from 3 p.m....

The 1st International Dental Implant Symposium was successfully held at the Dental Faculty of the University of Peradeniya recently, marking a new milestone in the local field...

Setting another benchmark in the fuel retailing industry in Sri Lanka, LAUGFS’s Southern Petroleum launched the country’s second solar-powered fuel filling station at Waskaduwa,...

Six of Evergreen Lines large vessels deployed in the Far East/ European Trade called at Colombo Port commencing from December 18, 2018. Mv. Ever Golden was the first vessel...

CHEC Port City Colombo was awarded ISO 9001:2015 certification for the Quality Management System (QMS), adopted by the project company. The certification given by internationally...

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The proposed Free Trade Agreement (FTA) between Sri Lanka and Bangladesh will undoubtedly prosper the economic co-operation of both countries in the coming years. Sri Lanka-Bangladesh...

The HORIBA Group of Japan, a leading company that provides analytical and measurement systems throughout the world, has entered the Sri Lankan market through the company’s...

Sri Lanka has formulated and presented the National Physical Planning Policy and the plan for 2050, said Chairman of the Urban Development Authority (UDA) Dr. Jagath Munasinghe....

Sri Lankan Micro Finance institutions have lent over Rs. 160 billion on high interest rates while the borrowers now have to pay more than Rs. 250 billion to settle them, Secretary-General...

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The bourse ended on a mixed note yesterday as the ASPI decreased by 0.07% or 3.99 points to close at 5822.27 points, while the S&P SL20 Index increased by 0.09% or 2.63 points...

In the year 2018 Union Bank showcased an impressive performance aided by its robust strategic plan, particularly excelling in core banking operations despite a challenging...

The Embassy of Sri Lanka in the Republic of Korea in collaboration with the Board of Investment (BOI) of Sri Lanka held an Investment Promotion Programme in Seoul from February...

Simrin Singh, Director, ILO Country Office for Sri Lanka and the Maldives yesterday said it is important for Sri Lanka to have policies that enable the export sector to grow...

Increasing exports can lead to better jobs and higher wages in Sri Lanka, including more formal jobs for women. Labor market policies can help different groups of workers...

SilkAir, the regional wing of Singapore Airlines, will launch non-stop flights between Singapore and Busan, South Korea’s second-largest city, this year. Commencing from 1...

Rome, 8 February 2019 – Alitalia’s passenger revenues increase continues the growth trend reported in the previous months. The Italian airline reported in January 2019 the...

Scottish Planter Glendevon Bungalow by Theme Resorts & Spas, was recognized as “The Best Bungalow” at the sixth annual Sri Lanka Tourism Awards hosted by the Sri Lanka...

The 2019 edition of the Thai International Travel Fair was held in Bangkok, Thailand last week. The inauguration was held at the Bangkok Convention Center at Central World...

The Chamber of Tourism and Industry Sri Lanka (CTIS) will celebrate International Women’s Day on March 8, at the Arugam-Bay Pacific Hotel Auditorium in the Pottuvil DS Division...

Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, is offering over 100 fully-sponsored...