Indicating a complete failure of the 28-year-old Samurdhi welfare scheme, the government revealed that only one percent of recipient families...

As per unaudited accounts, the airline made US$ 3mn profits in FY ended March 31, 2023 National carrier, SriLankan....

The Hambantota International Port (HIP) recently launched its Duty-Free Complex with the opening of two duty free shops within the port’s....

National Development Bank PLC reported strong financial performance in the three months to March 2023 and remains cautiously....

Batik Air, formerly known as Malindo Air, recently announced that all bookings are open for its new reinstated services between Colombo....

Remittances from migrant Sri Lankan workers continued their months-long upwards streak in April, becoming one among the few....

HNB Finance Plc has announced the launch of its 78th branch in Piliyandala, as part of its continued efforts to improve accessibility and....

Amana Bank PLC reported robust financial performance in the three months to March 2023, navigating the adversities in the economy....

Road accidents are an unfortunate reality that is both frustrating and inconvenient. The conventional process of waiting for an assessor....

Nations Trust Bank PLC reported a strong performance in the first3 months of 2023 posting a Profit Before Tax (PBT) of Rs.5.8 billion...

Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday

The government defended the proposal to raise the short-term Treasury bill ceiling by Rs.1 trillion, given the prevailing high market yields on the longer-tenure Treasury bonds, due to the uncertainty prevailing over domestic debt restructuring.

Sri Lankan baker Tharshan Selvarajah came under the fresh spotlight this week, as he walked away with the first-place title at the 30th annual ‘Grand Prix de la Baguette de Traditional Francaise de la Ville De Paris’.

The Colombo Tea Auction this week saw the highest offering since January this year, which was met with fair demand, at firm to easier rates.

As Sri Lanka is witnessing a week-on-week increase in tourist arrival from China, more flights will be added in the coming months between the two countries.

Elon Musk has named a new chief executive of Twitter, just over six months after his controversial takeover of the social media company.

Strengthens board of directors with respected corporate leaders

Asserts need for necessary changes in edu. system to support country’s development agenda

Two teams from Sri Lanka, team Sipsara and The Green Tycoon, successfully qualified to the World Finals (Asia) stage at Microsoft Imagine Cup 2023, Microsoft’s global competition for students to dream and build new ways of using technology to impro

President instructs officials to amend provisions of land management ordinances and introduce new regulations Stresses that archaic land policies established during the colonial era are no longer suited to modern development needs

Calls for change in the bus regulatory model to bring in private investments

To hold EGM on June 30 to pass resolution pertaining to de-listing of its shares from CSE’s official list

CNN: The Bank of England raised interest rates by a quarter of a percentage point yesterday in its battle with inflation and said the UK economy would dodge a recession as energy prices fall.

CNBC: Emirates Group reported record profit and revenue figures yesterday for the year ending April 2023, with customer numbers booming as the majority of pandemic-induced travel restrictions were lifted.

CNN: US Treasury Secretary Janet Yellen urged Congress yesterday to raise its debt ceiling, warning that a US default would produce an “economic and financial catastrophe” that would trigger a global economic downturn and risk undermining the cou

In an effort to push Sri Lanka towards electric mobility (e-mobility) so that low-carbon solutions can be adopted, the United Nations Development Programme (UNDP) and the government yesterday launched a project to convert 500,000 Tuk-Tuks to electric

Political affairs in Sri Lanka has further intensified as President Ranil Wickremesinghe is reported to have requested Governors of the North-Western, Eastern, Sabaragamuwa and Uva Provinces to resign from their office. They are Admiral Wasantha Kara

As the rivalry between the United States and China is becoming more intense and countries are being compelled to take sides, Sri Lanka has decided it would not get tangled in the tensions, President Ranil Wickremesinghe said.

Two cruise ships, MS Europa 2 and MS Azamara Quest, visited Hambantota International Port on May 9.