business Sri Lanka

Sri Lanka’s largest steel door manufacturer, Orian Terra Lak Steel (Pvt.) Ltd., would invest around Rs. 100 million for a new factory, new Laser Machine and also to obtain...

The Ceylon Chamber of Commerce inducted Dr. Hans Wijayasuriya as its new Chairperson during its 180th AGM on Friday (28). Dr. Wijayasuriya, who is the Corporate Executive...

Sampath Bank in a stock exchange filing announced that the Board of Directors was successful in allotting all of the shares that remained unsubscribed at the close of the Rights...

The market conditions in Sri Lanka were normalizing, Assistant Director at the Communications Department of the International Monetary Fund Camilla Andersen told an IMF press...

The government in a bid to attract more airlines and additional flights would be introducing a series of concessions for international airlines at the Colombo International...

Asian Development Bank (ADB) President Takehiko Nakao handed to Japan Prime Minister Shinzo Abe a report on an ADB project in Sri Lanka financed by the Women Entrepreneurs...

The Ceylon Chamber of Commerce (CCC) would call for a constructive policy framework from the government which would design to enable growth. We would also continue to seek...

Prime Finance PLC in the financial year 2018/19 posted a strong financial performance amidst a challenging business environment. The Company increased its total operating...

RIOCOCO Sri Lanka selected as a growing media supplier for high-tech Greenhouse in Japan, became the first country in the world to build the most high-tech Greenhouse. SARA...

The slump in international capacity created by the grounding of Jet AirwaysNSE -3.32 % has led to a steep rise in overseas airfares, said executives at airlines and travel companies. Flights...

Sri Lanka is making a renewed attempt to leverage its geographic advantage in the East-West shipping route, this time as a boat builder and marine tourism destination under...

OPPO launched RENO 10x Zoom Sri Lanka - part of OPPO’s new flagship RENO series, which garnered much global buzz recently. The biggest highlight of the OPPO RENO 10x Zoom...

Huawei offers special prices on the new Huawei Y series coupled with attractive packages from Dialog and Mobitel. The offer is valid for the HuaweiY9 2019, Y6 Pro 2019, and...

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Sri Lanka’s insurance industry expansion is likely to moderate in the near term, based on Fitch Ratings’ expectations of slower motor-insurance premium growth due to sustained...

Fitch Ratings’ expectation of continued pressure on banks’ financial profiles due to the challenging operating environment as reflected in our negative outlook on the sector is...

As announced to the CSE by the Bank, its major shareholder Culture Financial Holdings Limited, through which TPG-the US based investment giant holds 70% of Union Bank shares, has...

The Sri Lanka Association of Software Services Companies (SLASSCOM) together with Amazon Web Services (AWS) launched its knowledge and skills mission to train 50,000 students...

The new Commissioner General of Inland Revenue, Nadun Guruge recently highlighted the important role Chartered Accountants can play in ensuring an effective and efficient...

The Board of Investment of Sri Lanka recently signed a supplementary agreement with J and D Venture (Pvt) Limited. The agreement was signed on behalf of the BOI by Mangala...

The rumors and false news spread by certain political representatives at the moment regarding the agreements that are to be signed with America will vitally affect the operation...

Expolanka Holdings PLC participated at the bell ringing ceremony to celebrate the company’s inclusion in the S&P SL 20 index, as part of the 2019 mid-year index rebalance....

The Talawakelle Tea Estates PLC Managing Director, Dr. Roshan Rajadurai which won the 2018 award, said that the NBEA awards gave them a lot of recognition not only locally...

The 16th Annual “National Business Excellence Awards 2019” (NBEA) organized by the National Chamber of Commerce of Sri Lanka (NCCSL), would be held on December 13, at the...

Ceylon Tea Brokers PLC reaffirmed its standing as one of the most respected tea brokering companies in Sri Lanka, delivering yet another sterling performance in the financial...

NDB’s Staff Recreational Club (NDBSRC) organized a Bakthi Gee recital in commemoration of the Poson Festival. The Bakthi Gee performance was held by the staff members at the Nawam...

Trendy Hub opened its flagship outlet on Galle Road adjoining Aloe Avenue recently. The opening was attended by clients, and well-wishers and cricketer Mahela Jayawardena...

NDB’s Staff Recreational Club (NDBSRC) organized a Bakthi Gee recital in commemoration of the Poson Festival. The Bakthi Gee performance was held by the staff members at the...

The 2019 Daraz Mobile Week commenced on June 24 and offers up to 70% off on selected items in addition to attractive deals. Daraz’s aim to make every online shopping spree an engaging...

LAUGFS Eco Sri, a pioneer in air quality management in Sri Lanka supported the reforestation efforts of the Wilpattu Nature Reserve in the North East of the Island, marking...

Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain tablewarerecently introduced its Ivory Grade tableware into the Sri Lankan market. Reputed for its...

A green garden, which consists of valuable trees and plants, established in commemoration of the people who have lost their lives by the terrorist attack on April 21, was...

Dell Technologies (NYSE:DELL) is the official Title Sponsor for gaming laptops at the Inter-University Esports Championship held recently in Ratmalana. The event, hosted by...

President Donald Trump and Chinese President Xi Jinping are both facing intense domestic pressure to de-escalate the trade war between their countries as they prepare to meet on...

At least three local private banks suffered major cyber attacks last month, raising concern about the robustness of their security systems against a growing threat of scammers. Of...

The University of Hong Kong (HKU)’s Asian Institute of International Financial Law (AIIFL), hosted a seminar on the rise of Security Token Offering (STO) and an increasing...