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Top honours were awarded to software product engineering specialist 99X Technology, as it won gold both in the ICT Services Sector category as well as in the Overall Medium category at the National Business Excellence Awards (NBEA) 2018, organized by the National Chamber of Commerce Sri Lanka.

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Central Bank has introduced a maximum rate of interest for microfinance loans with the aim of protecting the customers being charged with exorbitant interest rates on micro finance loans granted by Licenced Finance Companies (LFCs).

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With Sri Lanka still struggling to repay a massive sum of US$4 billion as installment and interest next year for the bunching of heavy debt burden, President Maithripala Srisena will be hitting the table with his final trump intensifying the current political impasse.

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The ambitious Rs 19 billion Chalmers Granary Project will kick off in June 2019.

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Sri Lanka Telecom hosted the “Zero One Awards for Digital Excellence” for the second consecutive year at Galadari hotel.

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AKDA Engineering Group Sri Lanka which designed the world’s first underwater night club, spa and wine cellar has also completed building the world’s largest underwater restaurant with a glass tunnel.

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Announces addition of 2 new mega QGCs, 6 RTGs & 12 Prime Movers to enable handling of 22,000+ TEU vessels

Thursday, 13 December 2018 05:53

Cinnamon Sweeps National Tourism Awards 2018

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Cinnamon Hotels and Resorts swept away six awards at the Sri Lanka Tourism Awards 2018 held recently where they were recognized for the unique initiatives that contributed to the hospitality industry.

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The Asian Development Bank (ADB) yesterday warned that politics is clouding Sri Lanka’s growth prospects despite being in developing Asia’s fastest growing sub-region, South Asia.

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The International Trade and Investment Promotion Ministry yesterday categorically denied news articles stating that further actions on the Sri Lanka-Singapore Free Trade Agreement (FTA) have been temporarily suspended, adding that the Government is yet to take a decision on it.

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