Sri Lankan Foreign Minister Ali Sabry yesterday urged other countries to review their travel advisories to reflect the stability in the country, which would further encourage tourist influx.

Credit to the private sector continued to decline through February but the pace at which it was coming down slowed compared to a month ago, reflecting that the financial conditions are easing after the rates began to come down on hopes of a pivot in

Through funding from the European Union (EU), a shipment of 3,820 tonnes of urea fertiliser procured by the Food and Agriculture Organisation of the United Nations (FAO) was handed over to the Agriculture Ministry yesterday, for distribution among th

The local rubber sector was severely impacted in the month of March, due to the rupee appreciation. This, along with the gradual decline of natural rubber prices in the regional commodity markets, caused a drastic drop in the prices of all rubber gra

The fourth Export Barometer Survey conducted by the Ceylon Chamber of Commerce highlighted a fall in exports in the second half of 2022, in line with the decline in national exports during the last quarter of the year.

Lanka IOC PLC yesterday announced the appointment of a new Chairman to its board, following the nominations by its parent company Indian Oil Corporation Ltd, with effect from April 5, 2023.

Top officials from China will attend the World Bank and International Monetary Fund (IMF) spring meetings in Washington this week, their first attendance in person in three years after COVID-19 curbs limited them to virtual participation.

The tourist arrivals to Sri Lanka were recorded at 26,912 in the first week of April, the provisional data from the Sri Lanka Tourism Development Authority showed.

The government must take corrective measures to remove tax exemptions enjoyed by services exporters and BOI firms in order....

The National Drivers Association (NDA) in a statement to media warned about the dangers of reusing worn-out tires by cutting.....

The discussion organised by the Lanka Democratic Movement focused on the need for political consensus on crucial economic reforms....

Tropical Findings (Pvt.) Ltd Director Dhammika Fernando was elected as the new Chairman of the Free Trade Zone Manufacturers Association...

The Sri Lanka Agripreneurs’ Forum (SLAF) recently held Agripreneur Conference 2023, themed ‘Empowering Agripreneurs...

Ken Vijayakumar, the current President of CIPM SL, the nation’s leader in human resource management, was honoured as the Most....

Ceylon Electricity Board has successfully acquired the 163 MW Combined Cycle Power Plant which was operated by Sojitz Kelanitissa...

By popular vote, Commercial Bank of Ceylon has been crowned as the People’s Private Bank of the Year, at SLIM Kantar People’s Awards 2023....

Once again, AIA’s outstanding sales professionals were recognised for their sales excellence by winning four Golds and four Silvers...

An unprecedented 16 awards were proudly held aloft by the sales team of Citizens Development Business Finance (CDB) at the National...

Sri Lanka Savings Bank said that it demonstrated resilience and agility in a challenging year amidst an unprecedented economic...

An employee packs fire crackers into boxes at a factory in Katunayake, 40 km away from the capital city Colombo. April is one of the high seasons....

Transshipment container volumes at the Port of Colombo declined in the first two months of 2023 amid looming global recession. In the two-month...

The jobs boom in the US slowed last month, but the unemployment rate remained low, as the world’s largest economy remained resilient....

Dr.Niroshan J. Pieries has been appointed as Cluster Director/CEO of Laugfs Gas. With over 20 years...

The Chamber of Young Lankan Entrepreneurs (COYLE) believes that the rupee could come under pressure if restrictions imposed on certain...

Earnings from tourism almost touched the US $ 200 million mark in the month of March, while such earnings for the first quarter topped US $ 500 million.

The global economy is set to grow at roughly 3 percent over the next five years - the slowest pace since 1990, the head of the International Monetary Fund (IMF) has said.

Robert Bosch Lanka Private Limited has unveiled its new corporate office in Colombo, showcasing the company’s commitment to further strengthen its foothold in Sri Lanka.

In the late 1990s, global retail giant and Britain’s largest retail chain Tesco sought to establish its apparel sourcing for its own apparel brand from Sri Lanka. Formally setting up the Sri Lankan sourcing office in 2001, the company started worki

The Sri Lanka India Society (SLIS) commemorated the 75th independence day of Sri Lanka along with the 74th republic day of India, at an elegant sit down dinner in the presence of a large gathering of members and guests.

Sri Lanka’s national carrier has been struggling against even more headwinds than many of its rivals. Airlines around the world have been buffeted by the impact of countries closing their borders during the pandemic and soaring fuel prices due to t