Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, while the South Asian region is expected to expand by 7.1 percent, the World Bank said.

The world’s largest container ship, Every Ace is currently docked at the Colombo International Container Terminal (CICT) of the Colombo port while returning from her maiden voyage.

The Employees’ Provident Fund (EPF) Amendment Bill will be presented in Parliament for the second reading on 7 October as decided by the Ministerial Consultative Committee on Labour yesterday.

The UNTWO World Tourism Barometer that was released earlier today showed that international tourism witnessed a rebound this June and July with approximately 54 million travelers crossing borders.

The Central Bank Governor Ajith Nivard Cabraal said the repatriation and conversion rules on exporter earnings would be strengthened going forward.

The 100 percent cash margin rule on non-essential imports will be removed with immediate effect, the Central Bank Governor Ajith Nivard Cabraal said.

Fully vaccinated tourists with a negative PCR result at the time of departure will be allowed to enter the country without the need for an on-arrival test from today.

The Central Bank (CBSL) today restored the licenses of several Money Changers who were unable to meet the targets due to issues stemming from the Covid-19 pandemic

Sri Lanka Tourism Development Authority (SLTDA) today kicked off World Tourism Day 2021 celebrations by putting the picturesque city Haputale under focus.

President Gotabaya Rajapaksa yesterday called on the member countries of the United Nations (UN) and international agencies to further increase their assistance towards developing nations so they are able to fully come out of the crisis brought about

Speaker Mahinda Yapa Abeywardena today endorsed his certificate on the Securities and Exchange Commission of Sri Lanka Bill in parliament.

In an effort to increase Foreign Direct Investments (FDIs) into the country, the government has pitched Sri Lanka as a feasible destination for investments to the State of Kuwait.

As the UK scraps off its Amber list, it will take, Sri Lanka alongside seven other countries, off the red list from Wednesday (22 September).

Sri Lanka Tourism has geared up to unveil the second edition of ‘Couch Safari’ by live-streaming the Wilpattu National Park for the global audience.

The government yesterday sounded upbeat on the possibility of Sri Lanka achieving an economic growth of 5 percent in 2021.

Sri Lanka’s economy grew robust 12.3 percent in the second quarter of 2021 despite the COVID-19 virus-induced restrictions on economic activities since late April as a result of an extremely low base in the corresponding period of the previous year

Former MP, Ajith Nivard Cabraal who assumed duties as the Governor of the Central Bank of Sri Lanka (CBSL) today said that the first priority of the monetary watchdog under his leadership will be to shed light on the macroeconomic stance of the econo

Climate change, which has become a powerful driver of migration, is likely to push around 260 million people across six world regions to move within their countries by 2050, the World Bank (WB) said.

President Gotabaya Rajapaksa has appointed Ajith Nivard Cabraal, who resigned from Parliament today, to the post of Governor of the Central Bank with effect from September 15, 2021.

Issues in internet connectivity led the Colombo Stock Exchange (CSE) to halt market operations today.

Prof. W.A. Lakshman this afternoon announced his resignation from the post of Central Bank Governor with effect from September 14.

The Central Bank of Sri Lanka (CBSL) announced today its decision to impose a 100 percent cash margin deposit requirement against the importation of selected goods of non-essential/non-urgent nature made under Letters of Credit and Documents against

The Sri Lanka Tourism Development Authority (SLTDA) this week put forward a series of requests to the Ministry of Health (MoH) to relax the health guidelines imposed to prevent the spread of the Covid-19 virus, an effort to make the island nation mor

Emirates, the largest airline of the UAE, announced today it will offer special fares for Sri Lankans who are looking to resume international travel.

There is no way that anyone can say that there has been any change in the lifestyle of people in their normal day-to-day activities, said State Minister of Finance, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal recently referring

Legendary Singaporean investor and the Chairman of Overseas Realty Ceylon PLC S.P. Tao has passed away at the age of 105 in Nanjing, China.

The government today said the country is not facing any food shortages at present and the reduced access to essential commodities are due to traders hoarding stocks.

Responding to recent media reports regarding two former Joint Chief Operating Officers Reyhan Morris and Sandun Hettige of Asia Capital PLC, a top official of the company said there was no internal investigation carried out on the conduct or actions

Maruti Suzuki, India’s biggest car maker announced this week that its vehicle production will contract by 60 percent this month as the company faces challenges in sourcing chips due to a global shortage of semiconductors.

Sri Lanka has received Special Drawing Rights (SDRs) to the equivalent of US $ 787 million from the International Monetary Fund (IMF) under the multilateral lender’s latest US $ 650 billion SDR allocation, the Central Bank said.