Although the government continues to place high hopes in the local tourism industry to fetch the much-needed foreign exchange earnings to assist the country’s journey towards revival,

The Sri Lanka Association of Inbound Tour Operators (SLAITO) and Tourist Hotel Association of Sri Lanka (THASL) in a statement yesterday highlighted the importance of maintaining the current health protocols for the industry to recover in light of th

Once again the Chamber of Construction Industry of Sri Lanka has arranged a webinar on a topic of absolute relevance for those who are interested in the ebb and flow of this vital industry.

President Gotabaya Rajapaksa said that in the future too many unpopular decisions will have to be taken to overcome the global economic challenges and to keep the country on the path to prosperity.

Sri Lanka Convention Bureau (SLCB) recently organaised its first ever virtual familiarization tour of the newest and unique MICE (Meetings, Incentive travel, Conferences, Exhibitions) venues located in the areas from Colombo up to Beruwala and Colomb

The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will host a line-up of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’.

Singapore will launch Vaccinated Travel Lanes (VTL) with Sri Lanka from December, allowing quarantine-free travel for fully vaccinated travellers between the two countries.

Gautam Adani, founder and Chairman of Adani Group, on Wednesday replaced Reliance Industries Limited (RIL) Chairman Mukesh Ambani to become Asia’s richest person.

Sri Lankan shares ended up over one percent yesterday at a record high, boosted by gains in industrial and financial stocks, marking their best week since early October.

We’re back in familiar territory - growing concern about a new variant of coronavirus.

A global shortage of fertilisers is driving up food prices and leaving poorer countries facing crisis, says the boss of a major fertiliser firm.

A group of coffee industry stakeholders recently joined forces to establish the Lanka Coffee Association (LCA), Sri Lanka’s first-ever national coffee association.

Sri Lankan shares ended up 1 percent yesterday, helped by a surge in industrial and consumer stocks, after the Central Bank held interest rates steady.

The Central Bank will soon start cracking down on informal money exchangers such as ‘Hawala’ as the country continues to lose a significant amount of foreign exchange received via migrant worker remittance which started slowing down from around J

Tourism industry veteran M. Shanthikumar will head The Hotels Association of Sri Lanka (THASL) following his appointment as the President of the association yesterday.

Prime Minister Mahinda Rajapaksa yesterday declared open the newly constructed aircraft apron and taxiway constructed as a part of the Bandaranaike International Airport (BIA) Expansion Project.

Stakeholders of the hard-hit tourism sector have been instructed by the Central Bank of Sri Lanka to bring to its notice of any leasing companies seizing vehicles for late payment of installment.

India’s HCL Technologies (HCL), a leading global technology company, yesterday opened doors to its largest facility in the country at the state-of-the-art Cinnamon Life complex in Colombo.

The Initial Public Offering (IPO) of Capital Alliance Limited (CAL) which opened yesterday was oversubscribed the same day.

The Ceylon Electricity Board (CEB) has cut its losses in the three months to September as revenues rose while the generation costs fell on the back of heavy rains received in the catchment areas making it possible to increase the share of cheaper hyd

Aitken Spence Logistics recently embarked on commissioning a state-of-the-art, 100,000 sq. ft. container freight station at its main logistics complex in Mabole, Wattala.

Ideal First Choice (Pvt.) Ltd, a fully-owned subsidiary of the Ideal Group, recently partnered with Gulf Oil Lubricants India to offer Gulf Oil lubricants to the Sri Lankan market.

Hambantota International Port Group (HIPG) yesterday signed an agreement with INSEE Cement, the leading cement manufacturing company in Sri Lanka, to ensure the efficient transfer of raw materials to its factory in Galle, via the Hambantota Port.

HMD Global, the home of Nokia phones, has unveiled the first-ever HMD Global tablet Nokia T20.

Himani Vithanage of the University of Colombo has won the Saman Kelegama Memorial Research Grant for 2021, awarded by the Institute of Policy Studies of Sri Lanka (IPS).

Real estate developer Myland Developments Limited (MDL) yesterday announced an initial public offering (IPO), offering a 17.24 percent stake of the company and will be listed on the Diri Savi Board of the Colombo Stock Exchange (CSE).

London-based Capital Finance International (cfi.co) has awarded MTI Consulting as the 2021 Best Boutique Management Consultancy for the Middle East and Africa region, as part of CFI.co Awards 2021, which identifies and awards individuals and organis

People’s Bank yesterday announced the results for its nine-month period ended on September 30, 2021, reporting an asset and a deposit growth of Rs.349.7 billion and Rs.276.6 billion, respectively, a record high growing by 15.7 percent and 15.1 perc

Sri Lanka has welcomed about 29,000 for the first three weeks of November, already surpassing the record hike for the year that was witnessed in October.

First Capital Research (FCR), releasing its customary pre-policy analysis ahead of today’s monetary policy announcement, threw its bets equally between an increase in the key policy rates and leaving the rates at the current levels, as arguments fo