BBC: Prices for milk, airline tickets and new cars fell in the US last month, helping drive inflation to its lowest rate in two years.

Sri Lankan Web3 and blockchain firm HyperGlade yesterday announced that it had raised US $ 350,000 in funding from Silicon Valley investor Tim Draper’s venture capital firm Draper Associates, as a part of its seed investment round.

An International Monetary Fund (IMF) staff team would arrive in Sri Lanka today, the multilateral lender said in a statement, yesterday.

The Sri Lankan battery market is set to witness a new trend with the introduction of Riyelta high tech batteries, the first of its kind to be launched in the country.

Hutch has once again demonstrated its commitment to the country’s people during these trying economic times.

Edotco Services Lanka (Private) Limited recently inked a milestone agreement with the National ICT Solutions Provider, SLT-Mobitel to facilitate infrastructure sharing solutions through its islandwide Multipurpose Smart Street Lamp pole infrastructur

Toyota Lanka (Private) Limited recently held its 15th Annual Dealer Convention at the Shangri-La Resort & Spa - Hambantota, to recognize and honour their 300 authorized partners from all over the country who played a vital role in the distribution of

Würth Lanka recently celebrated Würth Groups’ success globally during the year 2022 and the visit of group’s Senior Vice President Asia Region Christian Olsen, with Ceylon Motor Traders Association’s (CMTA) expo.

HNB PLC renewed its partnership with the nation’s leading Heavy Commercial Vehicle supplier, Lanka Ashok Leyland PLC (LAL), to provide customers a range of exclusive benefits and special interest rates for Lanka Ashok Leyland commercial vehicles.

Empowering students to expand their knowledge in the digital world, SLT-Mobitel launched ‘MYFIRST Connection’, the first ever total communication solution to fulfil the ever-growing connectivity demands of students.

The Cabinet nod has been granted to amend the Tea, Rubber and Coconut Estate (Control of Fragmentation) Act in order to restrict fragmentation of coconut lands above one acre. Minister of Plantation Industries Ramesh Pathirana on Monday sought the ap

In a bid to bring in much needed fiscal discipline, the Government will introduce a new Public Financial Management Act (FMA) equipped with binding fiscal rules, which is set to come into effect with the budget 2025.

Technology State Minister Kanaka Herath revealed plans to introduce a new act shortly while speaking to the media after joining an observation tour of Vega Innovation Company, located in Maradana Trace Complex.

India has extended a US$ 1 billion credit line for Sri Lanka by one year, a Reuters news report said quoting a Finance Ministry official. India has....

The Treasury Secretary yesterday gave an undertaking before the Supreme Court that the government owned shares of Sri Lanka Telecom....

Administrative penalties worth Rs.5.5 have been imposed by the Financial Intelligence Unit (FIU) on six Sri Lankan banks for non-compliance...

Lufthansa Technik AG, a subsidiary of Germany’s Lufthansa Group, has secured a contract to repair three CFM Leap-1A category aircraft....

Sri Lanka’s apparel export earnings could slump by US$1 billion this year as a result of demand slowdown in key export markets....

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Vallibel One and Tokyo Cement Company....

Huawei announced that it has replaced the legacy ERP system with its MetaERP system over which it has full control. Huawei recently....

The Sri Lanka Retailer’s Association (SLRA) held its sixth Annual General Meeting (AGM) in Colombo recently, at Hilton Residencies. The event....

The Chartered Institute of Personnel Management (CIPM) Sri Lanka has announced National HR Conference 2023 to be conducted...

Sri Lanka Survey Report on Board IT Governance – 2022, jointly carried out by the Sri Lanka Institute of Directors (SLID) and EY Sri Lanka....

Samsung, Sri Lanka’s No. 1 smartphone brand, reiterates that its partners Softlogic, John Keells Automation, Singer, Singhagiri, Damro....

Microsoft Sri Lanka recently concluded a customer event on technology for managing hybrid workforces. The event showcased....

The Cabinet green-light has been granted to borrow US$ 200 million from World Bank (WB) under the proposed social security project, which aims to establish a sustainable social protection system with a mechanism in place to provide direct cash transf

Sri Lanka’s apparel export earnings could slump by US $ 1 billion this year as a result of the demand slowdown in key export markets amid rising inflation and higher interest rates, a Reuters news report said quoting a top official of the Joint App

The Ceylon Chamber of Commerce yesterday announced the appointment of Buwanekabahu Perera as its new Secretary General/Chief Executive Officer, effective May 8, 2023.

FitsAir, Sri Lanka’s first privately owned international airline, yesterday said it had reached an important milestone by flying more than 50,000 passengers to and from Bandaranayake International Airport since its launch just six months ago.

Following the acquisition of James Finlay Kenya Limited (JFK), Browns Investments PLC is set to get the control of over 27,000 acres of tea planation, along with timber reserves in Kenya, the world’s largest black tea exporter.