Financial News: Fitch-rated Sri Lankan corporates in consumer goods retail, construction and hotels will be among the most affected by the coronavirus pandemic in Sri Lanka, says Fitch Ratings. Full...
Economy News: Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) decreased to 7.0 percent in March 2020 from 8.1 percent in...
Business News: Toyota Lanka (Private) Limited donated two buses worth Rs. 20 million to support COVID-19 combat operations. The management of Toyota Lanka (Private) Limited handed over the two buses...
Business News: Extending their cooperation to the Navy’s quarantine programme to control the spread of coronavirus in the country, Colombo International Container Terminals (CICT) Ltd. donated a stock of protective...
Business News: Supporting Defence Ministry’s initiative to fight COVID-19, Hytera Communications Corporation Ltd handed over 20,000 top quality face masks to the Defence Secretary Maj. Gen. (Retd) Kamal Gunaratne at...
Business News: In view of the ongoing lockdown in Sri Lanka caused by the COVID-19 threat, Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka...
Financial News: Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. KEY RATING DRIVERS The affirmation reflects Fitch’s...
Business News: Continuing to reach out to fellow Sri Lankans in need, SriLankan Airlines will operate special flights from India’s Amritsar, Coimbatore, Pakistan’s Karachi, Lahore and Nepal’s Kathmandu to bring...
Business News: With the COVID-19 crisis continuing to create unprecedented challenges to communities, Union Insurance PLC (UA) as an organization deeply committed to protect the wellbeing of all its stakeholders,...
Business News: The Finance Ministry has gazetted a list of import items that will be temporarily suspended as the Government battles to reduce pressure on reserves and keep the currency...
Business News: CIPM – the Nation’s leader in human resource management made a donation of Rs. 1 Million to the President’s National Covid-19 Relief Fund in support and solidarity of...
Financial News: We write further to our previous statement. Subsequent to the statement, the Government has announced that the curfew in the districts of Colombo, Gampaha, Kalutara and Puttalam will...
Financial News: The Central Bank of Sri Lanka (CBSL) is aware that some Sri Lankans who have gone abroad, for short visits for leisure and holidays, meet relatives and friends,...
Business News: Elpitiya Plantations PLC (EPP) has entered in to a Shareholders Agreement with Singapore-listed theme park developer and operator Sim Leisure Group and Venture Valley (Pvt) Ltd to formalize...
Business News: HNB PLC announced a partnership with Pick Me to provide all its customers with free delivery through the service providers’ app. Available to all HNB debit and credit...
Business News: In an effort to support medical professionals and essential medical services during the ongoing COVID-19 crisis, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider extended free critical connectivity...
Business News: Huawei, the innovative smartphone manufacturer, is known for rolling out feature packed devices, be it smartphones, tablets or other tech gadgets. Huawei yet again proves its competence in...
By Abhishek Hariharan Business News: The fear of contagion has struck deep, and some things will perhaps never go back to the way they were. Here are some possible narratives...
By Dr. Nirmal De Silva (Associate Professor in Business, Entrepreneur & Board Director) Business News: Over the last few weeks, the author has been speaking to a number of small...
Business News: Advocata Institute is hosting a panel discussion with tourism industry leaders, Kimarli Fernando (Chairperson, Sri Lanka Tourism), Vipula Gunatilleka (CEO, SriLankan Airlines), Sanath Ukwatte (Chairman, Sri Lanka Hotel...
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