business Sri Lanka

Sri Lanka Association for Non State Higher Education Institutions (SLANSHEI) issuing a statement, congratulates the President Gotabaya Rajapaksa, on his appointment as the 7th...

Bourse witnessed a bullish sentiment for the third consecutive trading session primarily on the price appreciations made in JKH and CTC. The benchmark index, ASPI, witnessed a...

Fitch Ratings has revised the expected National Long-Term Rating on HNB Finance Limited’s (HFL, A(lka)/Stable) proposed Sri Lanka rupee-denominated subordinated unsecured debentures...

SLIM Brand Excellence 2019 awards ceremony is due to take place amidst glitz and glamour at the Shangri La in Colombo today. The event will be attended by crème de la crème of...

Smart City has created a significant impact, after revealed its plans to introduce digital-enabled cities to the country. As we are aware that 5G and other emerging technologies...

NDB Wealth Management, the largest Asset Management firm in Sri Lanka with over Rs 100 billion in total Assets Under Management (AUM), Rs 74+ billion in private portfolio...

The Ceylon National Chamber of Industries (CNCI) Chairman Eng. Ruwan Edirisinghe, cheered the sharp cuts in tax rates for the construction industry this week. According to...

British Parliament took time to acknowledge and honour the work of the Hettigoda family and their services to Sri Lankan Ayurveda recently. The All Party Parliamentary Group...

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SriLankan Airlines presents the ‘Black Friday’ exclusive one day sale on Friday November 29, with amazing discounts on air tickets booked through its website www.srilankan.com...

The Sri Lankan delegation secured second place overall at the Asia Pacific ICT Alliance (APICTA) awards 2019 held from 19th to 22ndNovember, 2019 at Ha Long Bay, Vietnam. APICTA...

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Recognising companies for sustainability and corporate excellence, the Best Corporate Sustainability (BCCS) Award 2019 will be held this evening (28) at the Cinnamon Grand, Colombo. Hosted...

UNIDO, with the public sector, has granted hi-tech machinery for the production of bamboo boards from within Sri Lanka for the first time. The first such hi-tech machinery...

At a press briefing held yesterday on the opening of an innovation centre, foreign representatives with decades of expertise in the construction sector questioned the widespread...

Retail trade contributes to one third of Sri Lanka’s national GDP, while accounting for 14% of the labour market. Retail attracts over 250 million footfalls in Sri Lanka, which...

The attention of the Central Bank of Sri Lanka (CBSL) has been drawn to certain information published in newspapers and news websites on 26th November 2019 regarding the regulatory...

Minister of Roads & Highways, Ports and Shipping Johnston Fernando ordered relevant officials of the port ministry to submit a detailed report on decisions that should...

Sri Lanka exporters would be offered a special simplified tax system to encourage exports, Minister of Industrial Exports and Investment Promotions, Tourism and Aviation,...

Dr. Nirmal De Silva was recognized as the ‘Outstanding Corporate Trainer of the Year - Leadership & Service (South Asia)’ at the 3rd South Asian Business Excellence Awards...

A seminar on “Trade Information Portal (TIP) Sri Lanka” will be held on December 10, 2019 from 9 a.m. to 12.30 p.m. at the National Chamber Auditorium, 450, D R Wijewardene Mawatha,...

CIPM Sri Lanka, the Nation’s leader in human resource management, conducted an innovative Supervisory Development Program (SDP) to inculcate key personal, supervisory and...

Academics, policy makers, journalists and other stakeholders involved in cross-national issues related to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic...

ACL Cables PLC announced that the company has entered into a share sale and purchase agreement to acquire 51% per cent of the issued shares of Cable Solutions (Private) limited...

Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board’s (CEB) National Long-Term Rating at ‘AA+(lka)’ with a Stable Outlook. The rating on CEB, which is 100% state-owned,...

The TUI Mein Schiff 6 based in Europe, was in Sri Lanka for the first time and was anchored at the Colombo Harbour last week. It had 2,500 holiday makers on board, with a...

Asia Pacific region needs to accelerate progress towards all Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda as SDGs in Asia and pacific will likely...

The Ministry of Finance and Economic Policy Development in a statement with regard to various media reports, say that the present loan schemes offered on concessionary rates should...

The Federation of Information Technology Industry Sri Lanka (FITIS) congratulates Gotabaya Rajapaksa on being elected as the seventh Executive President of Sri Lanka. Abbas...

DFCC Bank PLC recently entered into a break through partnership with one of the oldest and most established corporate entities in the Maldives, Cyprea Group of Companies,...

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CAL Holdings Limited, a leading investment bank, receannounced that Rajitha Jayasuriya had joined the CAL Holdings Limited Board as Non-Executive Independent Director. Rajitha...

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The Ceylon Chamber of Commerce (CCC) has released a new and updated ‘Directory of Members.’ The Directory is a comprehensive guide consisting of the contact details and business...

A latest First Capital Research report says despite the 50bps rate cuts each in May and August; the door is open for a rate cut considering the need to address the sluggishness...

Vistara - India’s finest full-service carrier and a joint venture of Tata Sons and Singapore Airlines, inaugurated its service to Colombo, Sri Lanka flying daily (except on...

The Port is similar to heart of the country. Regularly it contributes to state’s total income in big numbers. Therefore as the port sector is playing a crucial role in posting...

There are major challenges in attracting Foreign Direct Investment (FDI) to Sri Lanka and this should be addressed as soon as possible, Minister of Tourism and Aviation Prasanna...

Prime  Minister Mahinda Rajapaksa yesterday assumed duties as Finance,  Economic and Policy Development Minister at the Ministry premises at the  Presidential...

Mihimandala Environmental Foundation, a leading environmental organization working closely with the corporate sector, was honoured at the recently concluded Nelson Mandela...

Dedunu Fiber Mills was crowned winner of the Merit of Industry Manufacturing Sector, Large category, Best Value Added Enterprise and Best Energy Efficient Enterprise at Western...

LEARN, Sri Lanka’s National Research and Education Network marked three decades of innovation in connectivity, heralding a new era of connectivity, whilst supporting the needs...

SLASSCOM recently hosted its annual AI Asia Summit, for the second consecutive year this year at the Shangri-La Hotel, Colombo. The theme of this year’s summit was to stress...