Sri Lanka’s struggling tourism industry will receive some support with the launch of the ‘Buy a Meal’ initiative that will take place this month.

The Central Bank said it has introduced a single point of contact to handle complaints against financial service providers (FSPs).

Sri Lanka will host its first ever virtual boat show come October with the aim of providing a single platform for all related business sectors involved directly and indirectly in the boat and ship building industry to showcase their products and serv

Social media networking service, Facebook, announced the launch of Facebook Marketplace in Sri Lanka, a feature that allow app uses to discover, buy and sell items from others in their local communities.

LONDON, Aug 3 (Reuters) - Sri Lanka paid a $1 billion bond last week, but the alarming state of its finances suggests it may have been just another step towards its first sovereign default.

Food prices in the country continued to increase in July, according to Advocata’s Bath Curry Indicator (BCI) which expanded by 0.70 percent from the previous month.

National carrier, SriLankan Airlines kicked off its special ‘Buy One Get One Free” offer by opening up the promotion to Russian holiday makers visiting the country for the summer vacation.

The Western Province is slated to receive a face-lift with plans afoot to embark on an urban beautification programme that will start from Kelaniya.

The Civil Aviation Authority of Sri Lanka (CAA) yesterday gave clearance for incoming flights to operate in full capacity provided the passengers are fully vaccinated and are arriving via a bio bubble.

The Sri Lanka Export Development Board (EDB) announced today the formulation of a Vocational Education Training Plan (VET Plan) for the Electrical and Electronics sector (EEC sector) to pave the way for further development in the country’s electric

United Motors Lanka PLC (UML) has appointed Independent Non-Executive Director Devaka Cooray as the Chairman of the Company with effect from 27 July.

Tourism sector employees have reached their breaking point after grappling with the hardships stemming from the pandemic and the Easter Sunday attack, thus it is imperative for the government to look into their grievances without any further delay, t

Moody’s Investors Service (Moody’s) has today placed the Government of Sri Lanka’s Caa1 foreign currency long-term issuer and senior unsecured debt ratings under review for downgrade.

The Employee Trust Fund Board (ETFB) has announced its decision to grant financial assistance for the children of ETF members who have passed the GCE Advanced Level (A/L) 2020 examinations.

Sri Lanka is continuing to explore avenues to make the destination increasingly easier for tourists, and the latest is to allow vaccinated travelers who have not travelled from restricted countries, to forgo the second PCR test after arrival.

National carrier SriLankan Airlines is gearing up to launch a fresh promotion this summer where together with the tourism industry it will soon unveil a ‘buy-one-get-one-free’ offer.

Schools should be the last to close and the first to reopen, said the United Nations Children’s Emergency Fund (UNICEF) in its latest statement which highlighted that the continuing of the ongoing scenario would lead to detrimental results for youn

The cleanup operation of the minor oil that took place at the Hambantota International Port (HIP) earlier this week, has reached completion, port officials said today.

Tourism ministry received the Cabinet nod yesterday to promote Sri Lanka as a favourable destination for digital tourists, an effort that would assist the hard hit industry to steer though the new normal.

Dubai-based carrier, Emirates has extended suspension of flights from four countries in South Asia, including Sri Lanka, from 14 Jul to 21 of July.

An oil spill incident was reported at the Hambantota International Port yesterday evening around 6 PM.

Vaccination drive for the tourism industry kicked off over the weekend and over 1000 employees attached to the sector in the Hambantota District received their first jab.

The Central Bank today said local companies barring companies engaged in the finance business are permitted to purchase International Sovereign Bonds (ISBs) issued by the Sri Lankan government in the secondary market.

Additional interest up to 2 percent per annum will be extended for two years for Special Deposit Accounts (SDAs), the Central Bank said today.

The government issued a special gazette notification earlier today establishing a new ministry.

Tourists will be able to visit Sri Lanka with relaxed rules and regulations despite the rapid spread of COVID-19 as per the renewed health guidelines issued by the government.

The Hambantota International Port Group (HIPG) will soon be able to facilitate manufacturing of home appliances within 12 months due to a number of efforts taken to streamline the processes within the facility

National carrier SriLankan Airlines will resume flights to the Russian capital, Moscow from 30 July where it will operate a weekly scheduled flight between Colombo’s Bandaranaike International Airport (BIA) and Moscow’s Domodedovo Airport (DME).

Sri Lanka Retailers’ Association (SLRA) joined the bandwagon in requesting relief from the government so they are able to stay afloat and steer through the ongoing crisis.

The government’s efforts in expediting the vaccination drive across the country was well received by the local business community as it is the only viable path to facilitate the reopening of the country, Sri Lanka’s largest oldest business chambe