Following the enactment of Colombo Port City Economic Commission Bill, which is expected before end of this month, the government expects to advertise internationally to select members for the high-powered seven-member Economic Commission, a top gove

The Sri Lanka rupee slumped further to a new low today against the US dollar with the selling rate plunging to Rs.202.88 per dollar. The previous lowest was Rs.202.70, which was recorded yesterday, April 6.

Sri Lanka today saw the launch of its own localised food tracker ‘Bath Curry Indicator’ (BCI), a spin on the popular ‘Big Mac Index’ conceptualised by The Economist in 1986.

High-speed internet for rural areas must be prioritized to ensure the establishment and advancement of industries across the country, President Gotabaya Rajapaksa said a short while ago

Malaysia, one of the two key sources from where Sri Lanka imports palm oil, appears to have been visibly irked by President Gotabaya Rajapaksa’s move to ban palm oil imports.

The government intends remove the current import restrictions on tile and sanitary ware soon and Sri Lanka will locally produce 80 percent of its tile requirement by 2022, State Minister of Finance, Money, Capital Markets and State Enterprise reforms

Sri Lanka rupee hit a new low today against the US dollar as the selling rate plunged to Rs.202.70 per dollar. The previous lowest was Rs.202.10, which was recorded on April 1.

The Imports and Exports Control Department has issued a directive to all commercial banks and Sri Lanka Customs to not to facilitate the processes of palm oil importation with immediate effect.

The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) today announced that service providers are gearing up to unveil their unlimited internet packages by next week.

Several investments to set up vehicle assembling plants in Sri Lanka are in the pipeline, while the government will promote vehicle value addition in the country, State Minister of Finance, Money Capital Markets and State Enterprise Reforms, Ajith Ni

The Colombo Stock Exchange (CSE) has approved, an application submitted by Chrissworld Limited, for the listing of its Ordinary Voting Shares by way of an offer for subscription on the Empower Board of the CSE.

Sri Lanka has been selected to chair the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) this year, an event if held physically as planned would help increase tourism traffic to the country.

Sri Lanka received 4, 582 tourists in March, up from 3,366 in February and 1, 682 in January, the tourist arrivals data released by Sri Lanka Tourism Development Authority (SLTDA) showed.

Agriculture Minister Mahindananda Aluthgamage this weekend inspected the Ambul banana cultivation produced for the export market in Anuradhapura Rajanganaya from Yaya 1 to Yaya 5 in the Anuradhapura District.

State-owned power utility Ceylon Electricity Board (CEB), which is the country’s monopoly electricity transmitter and distributor, is gearing to raise up to Rs.20 billion through a listed debenture issue on the Colombo Stock Exchange (CSE).

The ‘Bio Bubble’ concept of Sri Lanka Tourism has come under fresh spotlight on the global stage with the International Trade Tourismus-Börse Berlin (ITB) recognising the initiative as an innovative implementation

Prices at the Colombo Tea Auction saw a correction this week after being buoyant over a period of over ten months, with the prices declining by Rs.20-30 per kg.

In an effort to facilitate a safe and secure in-flight experience, national carrier SriLankan Airlines today announced the launch of ‘Neighbour Free Seats’.

Global trade has prospects for speedy recovery this year with the expansion of merchandise trade, however the recovery process will be uneven after the COVID-19 pandemic shock, the World Trade Organisation (WTO) said last evening.

National carrier SriLankan Airlines today flew in a consignment of Sinopharm (BBIBP-CorV) vaccines manufactured in China.

The Sri Lankan Rupee (LKR) hit a record low of Rs 202.04 per US dollar today, data from the Central Bank (CBSL) revealed.

SLT-MOBITEL today issued a statement categorically denying that the malicious messages circulating on social media regarding the installation and propagation of a spyware, claiming the telecom service provider, are complicit in an alleged unlawful ac

International Air Transport Association (IATA) is urging governments to accept best-in-class rapid antigen tests in fulfillment of COVID -19 testing requirements following a research report by OXERA confirming accuracy of results.

Sri Lanka’s unemployment rate reached 5.8 percent in the third quarter of 2020 (3Q20), the highest-ever recorded in recent years

Following the resignation of top professional Dinesh Weerakkody as the Chairman of Hatton National Bank PLC (HNB) with effect from today due to personal reasons, Dr.Harsha Cabral has been appointed as the Acting Chairman of the bank during an emergen

The Colombo Stock Exchange today saw the sale of 56 percent of Piramal Glass Ceylon PLC.

The government yesterday expressed its willingness to work with the world’s largest economy, China, to expand cooperation in fields such as infrastructure and tourism.

Taxi hailing app, Uber announced today it will provide discounted three-wheel rides for its customers travelling to 13 vaccination centers located across Colombo.

According to the draft law on Colombo Port City Economic Commission, those employed at the special economic zone will only be remunerated in a designated foreign currency, other than in Sri Lankan rupee (LKR).

AFP: Egypt’s Suez Canal Authority said Monday the Ever Given container ship, which has been blocking the crucial waterway for nearly a week, has been turned in the ’’right direction’’