Sri Lanka needs a social housing plan. Over the years, I have repeatedly emphasized the detrimental impact of the housing shortage and high costs in Sri Lanka, particularly in the Colombo Metropolitan Area, on the country’s economic growth.

The Japanese government through the Food and Agriculture Organization of the United Nations (FAO) is providing US$ 4.6 million to strengthen the production capacity of smallholder paddy farmers in identified districts of the dry and intermediate zone

Tourist arrivals to the island nation continue to slow down with the number of weekly international travellers entering Sri Lanka dropping...

Port City Colombo (PCC), the sprawling 269-hectare area of reclaimed land, is set to begin its construction phase, which is poised to attract investments worth US$ 14 billion, with its infrastructure development phase nearing completion.

Despite adverse market conditions, DFCC Bank PLC delivered strong March quarter (1Q23) results on the back of fattened margins...

Dialog Axiata PLC, the market leader in mobile telephony space posted higher earnings for the quarter ended March 31, 2023...

BOI Chairman Dinesh Weerakkody referring to a recent article published in Mirror Business claiming that half of the BOI projects...

China should play a formal role in the common framework for creditor talks set up by India and the Paris Club that is aimed.....

Indices closed in red as a result of price losses in counters such as Sampath Bank, National Development Bank and Hatton National Bank...

The United Nations Development Programme (UNDP) has recently entrusted Lanka Hydraulic Institute (LHI) to conduct a hydro....

Roshell Manpower Agency, one of Sri Lanka’s leading foreign employment agencies, was honoured with the five-star award at the Golden...

Cargills began its Village to Home programme over three years ago to strengthen the country’s small and medium entrepreneurs....

SPAR supermarkets Sri Lanka celebrated the culmination of five years of excellence in service and product standards with an awards....

New Anthoney’s Farms (Private) Ltd, one of the country’s leading poultry producers with a knack for innovation and sustainability, recently....

Hayleys Solar, the renewable energy arm of Hayleys Fentons, in partnership with Lumala, a pioneering bicycle brand in Sri Lanka....

Kia Motors (Lanka) Limited recently relaunched its website with an array of new navigational features, including scrolling videos, captivating....

Bank of Ceylon (BOC) has reported Rs.3.3 billion of profit before tax for the three-month period ended on March 31, 2023, amidst the unprecedented challenges continued to prevail from the previous year.

Commercial Bank of Ceylon PLC became a casualty of the sharp swings in the interest and exchange rates in the last 12 months, as the country’s biggest private sector lender reported subdued performance in the first three months of 2023.

Sri Lanka Telecom Group (SLT Group), the national ICT solutions provider, recorded positive consolidated revenues of Rs.26.6 billion for 1Q 2023, an increase of 2.1 percent compared to the same period last year.

People’s Bank yesterday denied the views expressed on the bank’s non-performing loan write-offs as shared in certain social media groups.

Sampath Bank PLC reported subdued profits in the March quarter (1Q23), as the exchange losses weighed on its performance as seen with other big lenders in the country.

Hatton National Bank PLC (HNB) reported solid financial performance in the three months to March 2023 (1Q23), on the back of fattened margins as rates soared last year, giving a boost to the net interest incomes of banks but the growth turned negativ

Following the seasonal pattern, Manufacturing PMI decreased to 34.7 in April 2023, indicating a month-on-month contraction in manufacturing activities. Accordingly, the Production, New Orders, Employment and Stock of Purchases sub-indices declined du

The CA Sri Lanka – Australia Chapter Inc. announces its first business forum, Reignite Sri lanka 2023, in collaboration with the Consulate General of Sri Lanka in Melbourne, Australia, scheduled to be held at Crown Melbourne, on Wednesday, May 17,

The Colombo Stock Exchange (CSE) recently signed a memorandum of understanding (MoU) with the University of Moratuwa, to formalise collaborative efforts to improve financial literacy among undergraduates in Sri Lanka.

The National Chamber, in its history of 75 years, organised a felicitation ceremony for the past presidents of the chamber.

Affirming the company’s unwavering dedication to ensuring a trajectory towards net zero by 2050, Hela Apparel Holdings received the ISO 14064-1:2018 certification for quantification and reporting of greenhouse gas emissions across the group, for th

Heineken Lanka Limited, the Sri Lankan subsidiary of The Heineken Company, has received recognition as one of the Best Workplaces in the Manufacturing and Production Industry of Sri Lanka for 2023 by Great Place to Work, a globally recognised authori

DIMO took home the Silver Trophy in the Vehicle Servicing category, at Presidential Environment Awards 2021-2022, which was held recently.

Coca-Cola Sri Lanka, a leading beverage brand that has been in the country for over 60 years, has been awarded the prestigious Beverage Brand of the Year and Youth Choice Beverage Brand of the Year awards, at SLIM Kantar People’s Awards 2023, hoste