The Covid-19 Intermediate Care Center at the Katunayaka Free Trade Zone was inaugurated yesterday by the Board of Investment (BOI) Chairman Sanjaya Mohottala.

Janashakthi Insurance PLC has appointed ace cricketer Mahela Jayawardene to its board of directors as a Non-Executive/Independent Director with effect from July 5, 2021.

Sri Lanka’s inoculation drive for COVID-19 will pick up pace as the first batch of the 800,000 Pfizer vaccine doses, financed by the World Bank (WB) arrived in the country earlier today.

District Farmers’ representatives came forward today to pledge their commitment to return to environment friendly farming practices and have urged President Gotabaya Rajapaksa to not reverse the decision to ban chemical fertilizers.

In a move to boost the capital markets in Sri Lanka, the Colombo Stock Exchange (CSE) entered into an MoU with CHEC Port City earlier today, so that a regionally recognized financial exchange is established within the country’s borders.

The Cabinet of Ministers this week granted approval to obtain U$ $150 million loan from the Asian Development Bank (ADB) to roll out ‘Responsive COVID-19 Vaccines for Recovery Project’, which includes funding for vaccinations.

Sri Lanka came under the fresh international spotlight with a team from the University of Colombo (UoC) bagging the World Trade Institute’s (WTI) 2021 John H. Jackson Moot Court Competition.

National carrier SriLankan Airlines has become the first carrier in the South Asian region to receive the Diamond accreditation from Airline Passengers Experience Association (APEX) and SimpliFlying, an upgrade received for the added measures taken t

The Central Bank of Sri Lanka (CBSL) issued a statement to the media a short while ago on concerns raised regarding the foreign currency liquidity issue in the domestic market.

Northern province city, Jaffna will soon see the establishment of startup incubators to support budding entrepreneurs with the Prime Minister’s office having initiated the dialogue in this regard with the Mayor of Jaffna earlier today.

China allows Sri Lankan fish imports

Sri Lanka inked a loan agreement amounting to US$ 100 million with India earlier today to increase the proportion of renewable energy sources to the national grid.

Emirates said Dubai’s government would continue to support the airline through the coronavirus pandemic after posting an annual loss of $5.5 billion, its first in more than three decades.

The Hambantota Port will be developed to become a strategic energy center in Sri Lanka with the Ceylon Petroleum Corporation (CPC) and the Hambantota International Port Group (HIPG) having entered into an MoU.

Increasing number of children are at risk with global child labour figures expanding by 8.4 million within the last four years, the International Labour Organisation (ILO) warned.

Virtusa Corporation today announced the appointment of Santosh Thomas as its new Chief Executive Officer (CEO).

The government called on businesses to carry out operations in a manner in which they do not violate the health protocols since the economy cannot handle a complete lockdown in the current circumstances.

The Export Development Board (EDB) called on international component manufacturers to relocate their operations in Sri Lanka as they will be able to reap the benefits of the country’s skilled and inexpensive workforce.

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, has granted its approval for the 2nd re-gasified liquid natural gas-fired combined cycle power plant to be tendered to build in Kerawalapitiya, during the emergen

As Sri Lanka is currently pitching itself to the world as an attractive investment destination, President Gotabaya Rajapaksa today called on investors to explore the country’s medical tourism industry.

The Ministry of Tourism and Aviation announced a short while ago that travellers from South Africa and South America will not be able to disembark in Sri Lanka’s international airports with immediate effect.

Sri Lanka would no longer be able to target tourists from the UK as a decision has been taken to place the island nation on the red list.

State owned retail network Lanka Sathosa will be open across the island from today as directed by the government to ensure the masses have access to food and essential items during the ongoing restriction period.

Sri Lanka’s largest importer and supplier of LP gas, Litro Gas Lanka is gearing up to establish an oxygen manufacturing plant and distribution network in Kerawalapitiya

Capital market regulator, the Securities and Exchange Commission (SEC) has granted a one-month extension to listed companies to release financial statements as requested by the Colombo Stock Exchange (CSE).

The Sri Lanka Association of Inbound Tour Operators (SLAITO) announced the launch of a helpline for its members, an avenue established to allow those in the industry to reach out for assistance to steer through the recurring challenges stemming from

Sri Lanka will not face a shortage of salt, assured Minister Udaya Gammanpila while addressing the Cabinet briefing session today.

President Gotabaya Rajapaksa has appointed members to the Colombo Port City Commission, the President’s Media Division announced.

Billionaire businessman Dhammika Perera-controlled Royal Ceramic Lanka (RCL) PLC is gearing to enter into biscuit and chocolate production through its non-operational subsidiary Rocell Ceramics Limited, which was recently renamed as Biscuits and Choc

The Colombo Stock Exchange (CSE) has recorded 9.3 percent growth in Year-to-Date (YTD) All Share Price Index (ASPI) within the first 05 months of 2021.