Sri Lanka rupee hits new record low of 161.00 vs USD

Sri Lanka’s stock and money markets got off to a slow start Monday with rupee dropping to a new low of 161.00 against the...

Sri Lanka promotes homestay operators with loan scheme

The Sri Lanka Tourism Development Authority (SLTDA) announced the launch of a loan scheme for homestay operators across the country, in line with the...

Sri Lanka Economic Summit 2018 to be held in September

Sri Lanka's foremost economic event –  “Sri Lanka Economic Summit 2018”, organized by the Ceylon Chamber of Commerce, Sri Lanka’s premier business chamber, is...

SLTDA signs MoU with S4IG to ensure inclusive growth of tourism sector in four...

The Sri Lanka Tourism Development Authority entered into a Memorandum of Understanding with Skills for Inclusive Growth (S4IG), an initiative by the Australian Government’s...

ACCA hosts discussion on BRI and importance to Sri Lanka

The Belt and Road initiative (BRI) is currently one of the largest trade and investment themes and is a huge opportunity for many industries...

Sri Lankan equities attract interest of wider international audience

Investment flows from the Scandinavian region to the Sri Lankan stock market have made a noteworthy improvement in recent years, where inward investments have...

WCIC begins search for Sri Lankan women entrepreneurs

The Women’s Chamber of Industry and Commerce (WCIC), announced the launch of ‘Woman Entrepreneur of the Year 2017' Awards Ceremony’ at an event held...

Facebook to empower youth and entrepreneurs in Sri Lanka

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Recognizing the potential of the country’s small business...

Guangxi to host exhibition in Sri Lanka to promote trade

An exhibition is to be staged in Sri Lanka to promote trade between Guangxi, China and Sri Lanka. The exhibition aims to build a platform...

Asia Pacific the engine of the global economy

By Shamshad Akhtar   Asia and the Pacific remains the engine of the global economy. It continues to power trade, investment and jobs the world over....

Finance Minister holds discussion with ADB to expedite projects in Sri Lanka

The Minister of Finance and Media Mangala Samaraweera who is attending the 51st Annual meeting of the ADB in Manila had discussions  with Mr. In-Chang Song an...

85 percent of businesses plan to invest in digital transformation

Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, announced the findings of...

Standard Chartered arranges Sri Lanka’s sovereign bond offering

Standard Chartered acting as a Joint Lead Manager arranged a US$ 2.5 billion International Sovereign Bond Offering on behalf of Sri Lanka. The bank successfully...

Sri Lanka says opening of Bank of China in Colombo a key step

Sri Lanka says the opening of Bank of China will be important for investments and also Sri Lanka's economy. Prime Minister Ranil Wickremesinghe, speaking at...

A young woman’s guide to a career in Information Technology

By Chinthi Weerasinghe   Sri Lanka continues to rise as a preferred Information Technology (IT) Business Process Management (BPM) destination. Leading names in IT and IT-enabled services...

Executive Coach to Steve Jobs to coach in Sri Lanka in June

After the unprecedented success arising from ‘Ron Kaufman Live in Sri Lanka’ in 2017, SLIM signed an MOU with the best-selling author and coach...

Allianz completes Janashakthi General Insurance acquisition

Allianz announced today that the company has completed its acquisition of Janashakthi General Insurance Limited, after receiving all the necessary regulatory approvals. This transaction brings together...

Indian Bank ramping up overseas branches in Sri Lanka

Public sector Indian Bank has undertaken initiatives to increase business at its overseas branches in Sri Lanka and Singapore, a top official has said. "Our operations (in...

Singaporean companies exploring investments in Sri Lanka

The Singapore Business Mission to Sri Lanka organized by the Singapore Business Federation (SBF) together with International Enterprise Singapore (IES) and Singapore Indian Chamber...

Sri Lanka Tourism gets to grips with Colombo’s tourism boom

Since 2009, Sri Lanka has witnessed far-reaching development when it comes to the hospitality and travel industry. Consider the fact that there has been a...