Business

Sri Lanka Association of Software and Services Companies (SLASSCOM) recently signed a Memorandum of Understanding (MoU) with Uva Startup Hub, a non-profit foundation renowned for its commitment to facilitate technological development…

Announcing its rating decision on July 16, 2021, Fitch Ratings (Lanka) has affirmed the National Long-Term Rating of BoC at AA- (lka). The Fitch rating announced that the Bank’s standalone strength and its entrenched domestic…

When the first lockdown was imposed in March 2020, Nayani’s financial woes worsened overnight. Struggling with partial loss of sight and Chronic Kidney Disease (CKD) the 36-year-old’s meagre savings evaporated like smoke from the…

As the Covid-19 Pandemic in Sri Lanka appears to be turning a corner with a mass-scale vaccination programme underway, the number of job opportunities are also set to rise with the gradual opening up of the island’s economy. With…

Sri Lanka’s exports sector maintained its upward trend in June 2021 with exports increasing by 9.41% to US$ 978.2 million compared to June 2020.This upward trend was evident year-on-year for the last four months. Sri Lanka’s…

China’s latest trade data brought the first half of the year to a close with stronger than expected results, as the country’s economic performance continued to outpace projections. In June, China’s exports increased by 32.2%…

With the tourism sector being one of the most severely impacted industries in Sri Lanka, Sri Lanka Tourism has continued to support the industry stakeholders through a host of measures to help tide over the crisis. With the third…

During the year 2021, licensed banks are expected to achieve a growth rate of not less than 20 per cent of credit to MSMEs. Speaking at a webinar on ‘Financial Inclusion For Overall Inclusive Development Case for Sri Lanka’,…

In an effort to grow Zoom Video Communication Inc.’s presence in Sri Lanka and the Maldives, pioneering information technology company Finetech Consultancy (Pvt) Ltd (FCPL), teamed up with the leading video communications provider to…

Sri Lanka@100 (SL@100) recently hosted its first virtual networking event to strengthen cross-sell, partnership opportunities, and knowledge-sharing among mid-market companies, supported by the platform. The event was attended by 45…