Business News

Nationwide inflation during March this year contracted to 2.8 per cent year-on-year from 3.2 per cent recorded in February 2018 as…

Teejay Lanka PLC has reported profit before tax of Rs 501.7 million at Group level for the final quarter of 2017-18, to end a chal…

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The World Bank says Sri Lanka's economy will rebound in 2018 with annual growth averaging 4.5 percent in the medium term, driven b…

If you are a director or a shareholder having 25 percent or more shares in a company, it won’t be too long before an officer fro…

80% of work completed with support of 55 agencies DoC DG raises concerns over delays in implementing commitments und…

Sri Lanka's Consumer Affairs Authority (CAA) has taken measures to carry out special raids to nab errant traders throughout the …

Tourism earnings during the first two months of this year, as well as in the month of February this year reflected almost …

A New Zealand business delegation representing 13 innovative companies arrives in Colombo today on a 3-day visit to boost forging …

The Sri Lankan rubber sector is set to expand as Slovakia, the global leader in car production, has called for the sourcing of Sri…

Experts commend efforts to simplify and rationalize system Carves a clear strategic direction  Broad-bases the tax payer u…

Chairman and Commissioners re-appointed for 6 months but SEC Act specifies appointments must be for full 3-year term Confus…

Inflation in Sri Lanka, as measured by the National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5.4 pe…

Construction of ‘The One’ commenced in September 2017 and Phase 1 due to be completed in December 2021 Mega project inclu…

Japanese businesses must take advantage of Sri Lanka’s strategic location, preferential market access into key economies, and be…

Sri Lanka’s internet and smartphone use has grown to a considerably high level in recent years but e-commerce users among them a…

High Commissioner of Seychelles in Sri Lanka, Conrad Mederic, has requested State Minister of Fisheries and Aquatic Resources Deve…

The silent tears fall on smouldering embers but it cannot douse the flames of hatred which engulfed the hill station town of Digan…

When it comes to taming the complexity of procurement, size doesn’t matter. Mid-market companies face the same challenges in man…

Rejects media reports, says reserves, inflation and broad money on target  No reason to raise interest rates in the near ter…

Sri Lanka Telecom (PLC) Group said this week its Operating Profit Before Depreciation and Amortisation (EBITDA) improved by 5.4% t…

The United States Agency for International Development (USAID) YouLead program and Microsoft Sri Lanka signed a partnership to lau…

Ma’s Tropical Food Processing Manager Sarah De Alwis receives the top award for ‘All Food and Beverages’ from Minister of In…

Despite the volatile macro environment Union Bank has performed exceptionally well in 2017 resulting in a 35.6% increase in profit…

Nations Trust Bank closed the financial year 31st December 2017 with a post-tax profit of Rs. 3,371Mn, up by 18% over the previous…