Amãna Bank recently participated in the much acclaimed 48th IsDB Annual Meetings, which took place from May 10 to 13, in Jeddah....

Singer Sri Lanka, a renowned name in the furniture industry, marked a significant milestone with the grand opening of its flagship store....

DIMO, a leading diversified conglomerate in Sri Lanka, has recently launched its all-new website, www.dimolanka.com, aimed....

Sri Lanka’s tourism industry recorded an income of US$ 131.5 million for May from 83,309 arrivals, the lowest monthly income thus...

Sri Lanka’s economy is showing tentative signs of improvement, due to the implementation of critical policy actions, acknowledged visiting senior International Monetary Fund (IMF) official but noted recovery remains challenging.

Sri Lanka will see a further improvement in the supply of goods from the global market as early as next week, with the government announcing plans to ease the currently prevailing import restrictions.

The Colombo Tea Auction this week saw the prices for almost all the categories decline further, as the Sri Lankan rupee strengthened.

CNN: Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.

The fourth quarter of FY 2022/23 marked the close of a challenging year for Hela Apparel Holdings PLC.

Leading social media influencer Khalid Al Ameri, who is based in the Middle East, yesterday announced his visit to Sri Lanka.

China this week reiterated its commitment to Sri Lanka, stating it would always stand by Sri Lanka’s sovereignty as well as for political independence and socioeconomic development.

Vidullanka PLC reported a profit after tax (PAT) of Rs.913 million for the financial year ended on March 31, 2023, as per the latest interim financials published in the Colombo Stock Exchange.

The Central Bank yesterday delivered a surprise policy rate cut, bringing nearly two years long tightening cycle to a close and left open the door for further rate cuts in the next few months among other measures to ease remaining restrictions on imp

Ranil Wickremesinghe Sri Lanka will introduce a new system called ‘Lab methodology’ to promote investments ensuring effective implementation of business proposals, President Ranil Wickremesinghe said in his televised address to the nation yester

The government in a fresh gazette yesterday specified additional classes of persons required to register with the Inland Revenue Department (IRD), which is an attempt to broaden the country’s taxpayer base.

The Annual Report of National Savings Bank (NSB) for the year 2022

‘Samagi Sewaka Sangamaya’, a trade union attached to the ‘Samgi Jana Balawegaya’ (SJB) political party, has filed a Fundamental Rights petition seeking Supreme Court’s intervention in regularising the proposed privatisation of Sri Lanka Tel

SLT-Mobitel recently unveiled its technologically advanced, high-tech operational green headquarters, first in the history of SLT, located at Welikada, Colombo.

Tourist arrivals to Sri Lanka fell below the 100,000 mark for the first time this year due to the drop in momentum in the month of May,

BBC: Canada will soon print warning labels directly on cigarettes in a world-first, the country’s health agency announced.

The consumer prices measured by the Colombo Consumer Price Index fell sharply in May, the second consecutive month such prices cooled by an outsize amount since the current disinflation path began in October last year.

The efforts to restructure the balance sheet of the state-run utility Ceylon Electricity Board (CEB) is continuing with the technical support of the World Bank, Power and Energy Minister Kanchana Wijesekera said.

Sri Lanka yesterday entered into an agreement with the Korea Institute for Advancement of Technology (KIAT) to develop the country’s first floating solar development project.

The Central Bank yesterday cautioned the public against getting tangled in pyramid schemes, pointing out such activities are punishable by law.

In groundbreaking industry news, Noyon Lanka (Pvt.) Ltd, a subsidiary of MAS Holdings and Desseilles Calais, a subsidiary of the Calais Dentelles holding company, announced the sale of Noyon Calais’ intellectual property (IP) rights and other intan

Sri Lanka’s trade deficit continued to narrow in April, as the decline in imports outpaced the decline in exports, the external sector data released by the Central Bank showed.

Citrus Leisure PLC yesterday said it entered into a management agreement with Colombo Lotus Tower Management Company (Private) Limited to engage in the management of certain spaces in the Colombo Lotus Tower.

The Sri Lanka Export Development Board (EDB) has announced the upcoming ‘EDB Open Day’ event - a one-day programme – which will take place on June 15th, from 9.30 a.m. to 4.30 p.m. at the EDB office in Navam Mawatha, Colombo 2.

The keynote speaker, Bingumal Thewarathanthri, the CEO of Standard Chartered Bank, Sri Lanka, delivered an inspiring keynote address focusing on the People First Culture emphasizing on the role of HR in Business particularly at a time when Sri Lanka