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WCIC launches Prathibhabhisheka Women's Entrepreneur Awards 2024

Srilanka, Sept. 11 -- The Women's Chamber of Industry and Commerce (WCIC) announced the launch of its annual flagship event WCIC Prathibhabhisheka - Women Entrepreneur Awards 2024, to recognise and re... Read More


Visa Infinite for ultimate in sophistication

Srilanka, Sept. 11 -- Personalised service offerings are becoming popular among high-net-worth individuals who are interested in lifestyle opportunities that offer exclusive experiential benefits. "... Read More


Sunil Dissanayake receives Sri Lanka Leadership Lifetime Achievement Award

Srilanka, Sept. 11 -- Sunil Dissanayake was recently presented Sri Lanka Leadership Lifetime Achievement Award 2024 by World HRD Congress India Chapter. He completed 50 continuous years in management ... Read More


CSE and DFCC Bank forge strategic partnership through new MoU

Srilanka, Sept. 11 -- The Colombo Stock Exchange (CSE) and DFCC Bank PLC (DFCC) recently signed a memorandum of understanding (MoU) with the aim of enhancing the facilitation of inward investment acco... Read More


Secondary market slumbers pre-auction

Srilanka, Sept. 11 -- The secondary market saw subdued trading activity and thin volumes yesterday, as market participants exercised caution ahead of today's Rs. 180.0bn T-Bill auction and this Thursd... Read More


Foreign buying continues

Srilanka, Sept. 11 -- Indices closed in red as a result of price losses in counters such as Commercial Bank, John Keells Holdings and Sampath Bank with the turnover crossing Rs. 1.2 bn. High net wort... Read More


Fitch revises UB Finance's Outlook to Negative; Affirms rating at 'BB(lka)'

Srilanka, Sept. 11 -- Fitch Ratings yesterday announced it has revised the outlook on Sri Lanka-based UB Finance PLC (UBF) to negative from stable and affirmed its National Long-Term Rating at 'BB(lka... Read More


Sri Lanka to receive second US$200mn ADB tranche for financial sector reforms

Srilanka, Sept. 11 -- Sri Lanka is set to receive a US$ 200 million loan from the Asian Development Bank (ADB) as part of the government's ongoing efforts to stabilise the country's financial sector a... Read More


Personal Data Protection Act risks being a transplant if not contextualised: Scholar

Srilanka, Sept. 11 -- Sri Lanka needs to educate the stakeholders and contextualise the implementation of the Personal Data Protection Act, otherwise it risks becoming a forcible legislative transplan... Read More


Govt. eyes foreign exchange boost with wheat bran exports to China

Srilanka, Sept. 11 -- The government is eying to boost Sri Lanka's foreign exchange earnings by exporting wheat bran pellets, a byproduct of wheat flour production, to China, following Agriculture Min... Read More