business Sri Lanka

The Colombo Stock Exchange has requested a root cause analysis from the system provider Iron One Technologies Pvt Limited regarding a disruption to the order management system...

The Consulate General of India in HCM City in collaboration with the Investment and Trade Promotion Centre of HCM City (ITPC) held a webinar about investment cooperation in...

Central Bank of Sri Lanka said that Sri Lankan reserves were strengthened by receiving USD 787 million from IMF’s SDR facility and a further USD 150 million from Bangladesh Central...

The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a webinar free of charge on ‘Embedding Priority UNSDGs in Corporate Strategy’ on Thursday,...

Colombo bourse witnessed some volatility during the first hour of trading and then maintained the upward momentum throughout the trading session to reach a market capitalization...

Infomate, Sri Lanka’s first shared service provider and a subsidiary of John Keells Group, is a pioneering BPM organization, with a forte in the Finance and Accounting service...

SDB bank recorded a 53% increase in its profit for the six months ended 30 June, compared to the same period last year. A leading financial value creator in Sri Lanka for...

Asian Development Bank (ADB) President Masatsugu Asakawa received unanimous support for a second term as ADB President from the members of ADB’s Board of Governors voting...

Janashakthi Insurance PLC (Janashakthi Life) recorded a growth of 145% in first year regular premium business during the second quarter with the upward trajectory of gaining...

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K E D Sumanasiri -General Manager BOC and Crispin Wijesekera -Country Manager-UnionPay Sri Lanka and Maldives holding the symbolic Union Pay Cup Card. K P Mallika –AGM Digital...

The Ceylinco F&G Depositors Association alleges that the current restructuring committee appointed by the Supreme Court to look after the interests of the depositors and...

The official sponsor of the National Paralympic team for over two decades, Dialog Axiata PLC, congratulates the extraordinary achievement accomplished by Gold Medalist and...

The Sri Lankan rupee has further depreciated to Rs 204.89 against the US dollar. Meanwhile, the buying rate of a rupee stoods at Rs.198.90 against the US Dollar. ...

Over 200 agribusinesses in Sri Lanka are now better informed on the business need for climate change adaptation following a successful webinar, ‘Experience from Industry Leaders,’...

Deputy Director General of Health Services Dr. Hemantha Herath yesterday said that the number of COVID-19 cases and deaths is expected to decline after the next two weeks...

Tesla is in talks with at least three Indian auto component suppliers as part of its plans to enter the local market, the Economic Times reported. The company is seeking critical...

Capital Alliance Limited (CAL) – one of Sri Lanka’s leading full-service investment solution providers – introduced Video KYC (Know Your Customer) via their CAL Customer Portal...

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Sri Lanka’s volatile dollar bonds are set to jump the most in Asia this month after its central bank unexpectedly raised interest rates earlier in August in a move that may help...

Lakdhanavi Limited’s National Long-Term Rating at ‘AA+(lka)’. The Outlook is Stable. Fitch rates Lakdhanavi based on the consolidated profile of its parent LTL Holdings (Private)...

The active local investor appetite amidst some profit takings backed the Colombo bourse to continue its growth wave where the market touched a daily turnover above LKR12 bn yesterday. Moreover,...

Kelsey Developments PLC illustrated its spirit of endurance recording LKR 50 Mn in revenue for the first quarter of the financial year 2021-22. The Company secured cumulative...

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Sri Lanka’s first-ever overseas `Laksala’ franchise outlet, organized by Sri Lanka Handicrafts Board (SLHB) to promote the country’s traditional handicraft products to the...

India’s telecom giant Bharti Airtel said yesterday it plans to raise 210 billion rupees (RM11.9 billion) by selling shares to existing shareholders ahead of the rollout of...

The Coconut Development Authority(CDA) has started discussions with the relevant agencies including the Board of Investment for the establishment of a Specialized Export Processing...

South Korean institutional economist and best-selling author Ha-Joon Chang called on the Central Bank of Sri Lanka and the government to have targeted credit schemes to boost...

LOLC with its robust MSME-based (Micro, Small and Medium Enterprises business model is expanding its global footprint with three parallel investments being made in Tajikistan...

Power generation headed upward over the years as defensiveness made the sector resilient against economic fluctuations according to First Capital Research’s GREEN ENERGY report. Power...

Recording its highest ever profit for a period of six months with a Profit Before Tax (PBT) of Rs. 13. 9 Bn and a Profit After Tax (PAT) of Rs.11Bn, National Savings Bank...

The Association of Small & Medium Enterprises in Tourism in Sri Lanka (ASMET) the Apex body which represents the Small & Medium (SME) sector in tourism in Sri Lanka...

SLT-MOBITEL’s attention has been drawn to recent media reports citing its management of the Lankan Government Cloud (LGC) server and provision of services to the National...

Lenovo, announced the launch of the ThinkPad X1 Fold in Sri Lanka. The ThinkPad X1 Fold is the first of its kind in a new personal computing category that will push boundaries...

The Sri Lanka Association for Software Services Companies (SLASSCOM) driven by their vision of generating USD 5 billion in exports, creating 200,000 employment opportunities...

The Food and Agriculture Organization of the United Nations (FAO) has appealed for humanitarian assistance to be scaled up as Afghanistan continues to be hit hard by an ever-worsening...

New Delhi: The Modi government estimates that around 18-22 crore Covid-19 vaccine doses will be available in September, but this will most likely not include the ZyCoV D vaccine...

Information technology company ITX360 has been awarded the Great Place to Work 2021 certification in recognition of its positive workplace culture and employee experiences. The...