As the livelihood of the masses have been impacted due to fraudulent business activities of individuals and institutions seeking illicit profits, the government yesterday said its “fight against those unjust traders has not come to an end”.

Sri Lanka expects to reduce its budget deficit to 8.8 percent of the Gross Domestic Product (GDP) in 2022, down from the 11.1 percent deficit estimated for 2021.

Employees attached to the public sector will be allowed to serve for longer periods with the retirement age proposed to be increased to 65 years.

Efforts will be taken by the government to uplift the agriculture sector so that more agri-businesses will be established in the country.

Open-source technology provider WSO2, today announced that the company has closed $90 million in financing from client vehicles advised by Goldman Sachs Asset Management Private Credit. The flexible capital solution will be used to accelerate WSO

Sri Lanka’s MAS Holdings today said one of its subsidiaries, MAS Brands, which owns and operates the retail lingerie business under the brand amanté, was acquired by Reliance Retail Ventures Limited, a subsidiary of India’s Ambani-owned Reliance

Sri Lankan migrant workers will soon be able to enter Korea and its government announced today its decision to resume the entry of new Sri Lankan workers and workers from other foreign countries.

The local education sector is still in dire need of a holistic and multi-pronged approach to the inclusive delivery of education services amid the “unique” circumstances, the Central Bank of Sri Lanka (CBSL) said.

The local education sector is still in dire need of a holistic and multi-pronged approach to the inclusive delivery of education services amid the “unique” circumstances, the Central Bank of Sri Lanka (CBSL) said.

The World Travel and Tourism Council (WTTC) announced this week the launch of an ambitious and groundbreaking net-zero roadmap to guide the global tourism sector.

Sri Lanka’s food and agriculture sector is currently being featured at the 4th China International Expo (CIIE), providing opportunities for local businesses to identify the right distribution channels.

The International Labour Organisation (IL0) and the Ceylon Chamber of Commerce (CCC) have entered into a partnership to push local youth to explore entrepreneurship opportunities.

The Writ application filed against the appointment of Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal has been dismissed by the Court of Appeal.

In an effort to promote Sri Lanka as a safe tourism destination to international travelers, Sri Lanka Tourism has kicked on its International Media & Influencer Facilitation Programme to highlight the country’s lesser-known experiences.

Sri Lanka will showcase its investment opportunities to the world come November by hosting the ‘Invest Sri Lanka’ Investor Forum in Dubai, UAE.

National carrier SriLankan Airlines today resumed flights to the French capital Paris after a lapse of six years.

The Export Development Board (EDB) has announced a revision to the export target for 2021 to US $ 15.72 billion from the US $ 15.68 set earlier this year.

Moody’s Investors Servicehas today downgraded the Government of Sri Lanka’s long-term foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa1 under review for downgrade, concluding a review for downgrade initiated on July 19,

In an effort to lure global visitors as the Cocid-19 pandemic eases with the ongoing vaccination drive, Sri Lanka Tourism unveiled today the new look and feel of its website.

Local startups were provided with a platform to enter Germany with the facilitation of a virtual soft landing competition, ‘Launch to Germany’, that was held recently.

Fashion brand Kelly Felder today announced its move to accept cryptocurrency via leading blockchain payment provider BitPay.

Sri Lanka’s nautical tourism comes under fresh focus today with the launch of the first-ever virtual boat show in the country.

Central Bank of Sri Lanka (CBSL) and the Qatar Central Bank (QCB) today engaged in discussion to look at firming up ties between the financial industries of the two countries.

Viet Nam has expressed keen interest in enhancing bilateral ties with Sri Lanka, and its Ambassador to Sri Lanka Ho Thi Thanh Truc has highlighted to Prime Minister Mahinda Rajapaksa there are many avenues that remain untapped by both nations.

The Expo 2020 Dubai has been a success for Sri Lanka so far, the Sri Lanka Tourism Development Authority (SLTDA) said as the award-winning pavilion has been effective in attracting nearly 10,000 visitors in the last 20 days.

The Central Bank of Sri Lanka (CBSL) announced today that it will continue to maintain policy rates at the current levels.

Sri Lanka has been voted as one of ‘The Best Countries to Travel to’ by the Conde Nast 2021 Readers’ Choice Awards.

The Sri Lanka Tourism Development Authority (SLDTA), which came under harsh criticism for not having the required systems in place to welcome tourists, as highlighted by a US traveler identifying as George, released a statement to set the record stra

In an effort to lure tourists from the Middle East, the Sri Lanka Tourism Promotion Bureau (SLTPB) recently engaged in active discussion with the outbound travel agents and tourism stakeholders in the Kingdom of Saudi Arabia, (KSA).