The current regime has taken giant strides towards removing hurdles that restricted foreign direct investments (FDIs) in the past, the head Sri Lanka’s largest mobile telecom services provider Dialog Axiata said.

The UNP and Communist Part of China (CPC) have initiated plans to deepen relationships. UNP Chairman Minister Malik Samarawickrama and UNP...

Members of Civil Security Department (CSD) of Sri Lanka were seen harvesting their rice crop in former war-torn Kilinochchi district recently. CSD Director General Chandrarathna Pallegama also participated in the event

The Sri Lanka Institute of Directors together with the Colombo Stock Exchange and the International Finance

Capital Market regulator Securities and Exchange Commission (SEC) is currently “deliberating” on the mandatory 

State-owned banking giant Bank of Ceylon (BOC) recorded a pretax profit of Rs.25.3 billion for the year ended December

Lanka Orix Leasing Company PLC opened trading at the bourse yesterday with the traditional bell ringing ceremony on the first day of trading each month for companies listed under S&P SL20 index.  The LOLC Group last week signed a foreign syn

Fitch Ratings yesterday downgraded Sri Lanka’s sovereign credit rating to ‘B+’ from ‘BB-’ and assigned a negative outlook.

The “Shang Flying Dreams Kite Festival” organized by Shangri-La Resort in Hambantota was held last Saturday with the participation of school children in the area. The 100-day countdown is also set for the opening of the resort. Shangri-La

The new 570GT is the third model in McLaren's "Sports Series"

The Central Bank Governor Arjuna Mahendran said yesterday that he would not rule out another rate hike this year if the foreign outflows continued. His comments came less than a week after a 50 basis point rate increase by the Central Bank.

New Zealand Prime Minister John Key, who is currently visiting Sri Lanka, is being given an explanation about the activities of the first-ever Fonterra Demonstration

Impressed with the changes witnessed in the economy that is in the hands of a unity government, visiting Asian Development Bank (ADB)

The Ms. Tourism Sri Lanka International 2016 beauty pageant concluded last Sunday on a high note with Vera Branda Dukstra from the Netherlands winning the crown.

Prime Minister Ranil Wickremasinghe on Saturday visited the Southern district of Hambantota on an inspection tour to observe the progress of some of the development projects. Picture shows the PM arriving at the Mattala Air Port, flanked by Housing a

Visitors look at a US Air Force Boeing C-17 Globemaster III military transport aircraft on display at the Singapore Airshow in Singapore yesterday. Asia’s largest aerospace and defence event is taking place from February 16 to 21. AFP

As the global and local economic outlooks continue to be grim for Sri Lanka, the Colombo Stock Exchange (CSE) Chief yesterday stressed positivism of any form is essential at the moment to help turnaround the dampened situation faced by bourse.

German Chancellor Merkel and Sri Lanka’s President Sirisena review the guard of honour at the Chancellery in Berlin 

The government yesterday hinted at moving towards taxing capital, reversing its current tax policy approach of serving all—both super rich, rich and poor—with more or less with the same spoon.  

The Sri Lanka Tourism Promotion Bureau (SLTPB) participated in South Asia’s Travel and Tourism Exchange (SATTE) 2016 held in New Delhi

The ceremony to welcome world youth leaders participating in “The Ship for World Youth Leaders” took place at the  

Farmers throw objects near the Agriculture ministry in Athens during a demonstration against the pension reform yesterday. Fears that Greece will exit the eurozone, a “Grexit”, could revive if Greek authorities do not come up with “

A number of professional bodies in the country yesterday organized a protest march in Colombo against the proposed Economic...

Nepal’s only billionaire Binod Chaudhary’s CG Group launched the ambitious Zinc Journey brand in Sri Lanka yesterday in partnership with several local leading hospitality companies.

Sri Lanka expects to generate 100 percent renewable energy for local consumption by 2050. The picture shows a cadjan-thatched hut in Panama, Eastern Province, belonging to a fisherman, with a solar panel on the roof

Sri Lanka will aim at generating 100 percent renewable energy for local consumption by 2050 while exporting non-renewable energy to the SAARC region, top government officials said.

Holland America’s 230-metre long passenger liner ‘Rotterdam’ with 1164 passengers and 598 crew on board docked at the Hambantota Port at about 7.00 a.m. yesterday. 

Iranian Economic and Finance Minister Ali Tayebnia (2nd L) speaks during talks with Japanese Foreign Minister Fumio Kishida (R), following a signing ceremony of an investment agreement in front of Japanese and Iranian business persons at the Foreign

Sri Lankan military personnel march during the country’s 68th Independence Day celebrations in Colombo yesterday. 

Special Task Force (STF) soldiers with gas masks sit on an armoured vehicle during a rehearsal yesterday for the country’s 68th Independence Day celebrations in Colombo