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Assistance from Thailand to further strengthen tax collections process

Thailand is ready to extend its assistance toward Sri Lanka to enable the island to further strengthen its existing process of tax collection, Ambassador of Thailand to Sri Lanka Mr. Nopporn...

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Riu Sri Lanka, a new ‘Rising Star’ in the hospitality industry

The Spanish hotel chain has chosen Sri Lanka for its first resort in Asia Riu Sri Lanka hotel has been chosen this year Rising Star 2016 in the recent Expedia Annual Partner Awards. The hotel opened...

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How technology can help Southeast Asia’s small businesses to scale

Attribution: Alberto Granados, Vice President, Microsoft Asia Pacific Today’s business landscape is becoming increasingly fast-paced and digital, but despite technological advancements, many small and...

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NDB Wealth unveils ‘Greatest Wealth is Health’ calendar for 2017

2017 is all about the aggregated benefits of good health, according to expert financial planner NDB Wealth. Backing up this assertion, NDB Wealth has unveiled a “Greatest Wealth is Health”-themed...

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Finance Ministry releases Rs.7 billion for fertilizer purchases

The Finance Ministry has released Rs 5.5 billion to the Agriculture Ministry to be distributed among the farmers to purchase fertilizer for the Maha season. As per the request of the agriculture...

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A Silver Award for SDB Bank At The 52nd Annual Report Awards

SDB bank winning the silver award for its 2015 annual report in the Financial Institutions Sector was a highlight at the Annual Report Awards Ceremony organized by the Institute Of Chartered...

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ACT Seeks Key to “Drive” Trade Growth

The Association of Container Transporters (ACT), a responsible trade body tasked with improving standards of the local container transport trade, hosted its 31st Annual General Meeting requesting...

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Inflation in November 2016

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics, decreased to 4.1 per cent in November 2016...

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ICRA Lanka Assigns Issuer rating of [SL]BBB+ to Asia Asset Finance PLC

ICRA Lanka Limited, Subsidiary of ICRA Limited, group company of Moody’s Investors Service has assigned the issuer rating of [SL]BBB+ (pronounced SL triple B plus) with a stable outlook to Asia Asset...

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Fitch Rates National Insurance Trust Fund ‘AA-(lka)’/Stable

Fitch Ratings has assigned Sri Lanka-based National Insurance Trust Fund Board (NITF) a National Insurer Financial Strength Rating (IFS) and National Long Term Rating of ‘AA-(lka)’. The Outlook is...

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DFCC Bank – The premier renewable energy financing institution

DFCC Bank is proud to be the lead financier of Sri Lanka’s first utility-scale grid connected solar power project implemented by the private sector. Promoted by Sagasolar Power (Pvt) Ltd, and located...

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There will be many new job opportunities next year

Since there will be many direct foreign investments next year the rupee will be strengthened, said Finance Minister Ravi Karunanayaka. The rupee depreciated in 2015 due to increase in imports and...

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Osethma Ayurveda introduces ‘Slimin’ for a charming figure

Osethma Ayurveda Hospital the renowned and famed name in the Ayurveda medical field in Sri Lanka has introduced an herbal medicine Osethma Slimin to treat patients suffering from obesity. Osethma...

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Coca-Cola’s Beloved Christmas Caravan Is Back To Refresh The Season

“Start Some Memories” with Coca-Cola this holiday season Tuesday, December 20, 2016: Over Coca-Cola’s beloved Christmas Caravan is set to refresh the holiday season once again in over 20 locations...

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Emirates introduces new range of comforts in First and Business Class

Emirates has enhanced comfort in the air with a host of exclusive, new products introduced to its First and Business Class cabins. Customers will travel in luxury with new additions including First...

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SriLankan Airlines consistently ranked among more punctual airlines by...

SriLankan Airlines is being consistently ranked among the most punctual international airlines, according to an analysis of data over the last five months by the global flight data monitoring...

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Oil prices fall on U.S. inventory build; Libya output ramps up

Oil futures fell on Wednesday after Libya said it expects to boost production over the next few months and a report showing a surprise build in U.S. crude inventories last week. Brent futures for...

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Etisalat heralds the festive spirit through a Carol Service

Etisalat Sri Lanka Celebrating Unbreakable bonds with the staff and their families recently held a Carol Service at their Rotunda Flagship Store and a Christmas Decoration competition at their Head...

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MTI’s ‘idea2fund’ concludes 2nd round presentations

MTI’s ‘idea2fund’ successfully assessed the second round’s concept presentations on the 17th of December at the Hilton Colombo. ‘idea2fund’ is a venture challenge platform powered by MTI Corporate...

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Ambiga Jewellers celebrates 40th glittering anniversary

Ambiga Jewellers (Pvt) Ltd the illustrious jewellers of the nation with an immaculate reputation in the jewellery field in Sri Lanka celebrated its 40th anniversary in a grand note recently. To mark...

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