Cinnamon Hotels and Resorts, Walker’s Tours, Aitken Spence Hotels, Aitken Spence Travels, Jetwing Hotels, and Jetwing Travels join forces with SLTPB and SriLankan

The European Union (EU) has expressed its willingness to extend support to Sri Lanka as it adapts to the impacts of climate change. The EU has said it is committed to working with Sri Lanka to help the country build a more resilient and sustainable f

​State Minister of Finance Shehan Semasinghe and State Minister of Social Empowerment Anupa Pasquale this week chaired a discussion with Central Bank Governor Dr. Nandalal Weerasinghe on regulating the Samurdhi banking system.

The Bank of Ceylon (BOC) Annual Report 2022 was presented to President Ranil Wickremesinghe, the Minister of Finance, Economic Stabilisation, and National Policy, by BOC Chairman Ronald C. Perera at the Ministry of Finance yesterday.

BBC: Montana is set to become the first US state to ban Chinese-owned media giant TikTok from personal devices.

Oceanpick, Sri Lanka’s first and South Asia’s largest oceanic finfish farm, has reached another momentous milestone for its ocean-grown Barramundi having successfully entered the European market through its strategic partnership with Kangamiut Se

The Grand Ward Place, the ultra-luxurious flagship project of Prime Group declared open with its esteemed clients and project partners this week.

To help Sri Lanka advance the national development agenda to tackle some of the most pressing challenges faced in society, efforts are underway to strengthen the social innovation ecosystem in the island nation.

People’s Bank has denied views expressed on the Bank’s non-performing loan write-offs as shared in certain social media groups.

To entice Chinese travelers to visit the island nation, the Ministry of Tourism and the Sri Lanka Tourism Promotions Bureau (SLTPB) has planned a series of activities to be carried out towards the second half of May.

Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday

The government defended the proposal to raise the short-term Treasury bill ceiling by Rs.1 trillion, given the prevailing high market yields on the longer-tenure Treasury bonds, due to the uncertainty prevailing over domestic debt restructuring.

Sri Lankan baker Tharshan Selvarajah came under the fresh spotlight this week, as he walked away with the first-place title at the 30th annual ‘Grand Prix de la Baguette de Traditional Francaise de la Ville De Paris’.

The Colombo Tea Auction this week saw the highest offering since January this year, which was met with fair demand, at firm to easier rates.

As Sri Lanka is witnessing a week-on-week increase in tourist arrival from China, more flights will be added in the coming months between the two countries.

Elon Musk has named a new chief executive of Twitter, just over six months after his controversial takeover of the social media company.

Strengthens board of directors with respected corporate leaders

Asserts need for necessary changes in edu. system to support country’s development agenda

Two teams from Sri Lanka, team Sipsara and The Green Tycoon, successfully qualified to the World Finals (Asia) stage at Microsoft Imagine Cup 2023, Microsoft’s global competition for students to dream and build new ways of using technology to impro

President instructs officials to amend provisions of land management ordinances and introduce new regulations Stresses that archaic land policies established during the colonial era are no longer suited to modern development needs

Calls for change in the bus regulatory model to bring in private investments

To hold EGM on June 30 to pass resolution pertaining to de-listing of its shares from CSE’s official list

CNN: The Bank of England raised interest rates by a quarter of a percentage point yesterday in its battle with inflation and said the UK economy would dodge a recession as energy prices fall.

CNBC: Emirates Group reported record profit and revenue figures yesterday for the year ending April 2023, with customer numbers booming as the majority of pandemic-induced travel restrictions were lifted.

CNN: US Treasury Secretary Janet Yellen urged Congress yesterday to raise its debt ceiling, warning that a US default would produce an “economic and financial catastrophe” that would trigger a global economic downturn and risk undermining the cou

In an effort to push Sri Lanka towards electric mobility (e-mobility) so that low-carbon solutions can be adopted, the United Nations Development Programme (UNDP) and the government yesterday launched a project to convert 500,000 Tuk-Tuks to electric

International tourism, which was severely crippled due to implications stemming from the Covid-19 pandemic, is well on its way to recovery, the latest UNWTO World Tourism barometer revealed.

Sri Lanka plans to formally apply for Geographical Indication (GI) for Ceylon Tea from the European Union (EU) this September, with intentions to replicate the same move in other key markets of Ceylon Tea subsequently.

Sri Lanka’s apparel export earnings could slump by US $ 1 billion this year as a result of the demand slowdown in key export markets amid rising inflation and higher interest rates, a Reuters news report said quoting a top official of the Joint App