The government continues to show no accountability towards the policies introduced in 2022 to tackle the crisis faced by Sri Lanka, Colombo-based think tank Verité Research said.

The adventure trail ‘Raid Amazones 2023’ kicked off in Kandy on March 22.

BBC: After United States Federal Reserve’s rate hike on Wednesday, UK’s central bank, Bank of England yesterday raised interest rates to 4.25 percent from 4 percent an attempt to slow rising prices.

State-owned Enterprises Restructuring Unit (SRU) to soon select transaction advisors to assist with sale process

The Central Bank is continuing to preserve its position as a net buyer of foreign currency from the domestic foreign currency market, with the dollar liquidity conditions started easing from around early this year, following debt standstill, lower te

Sri Lanka is expected to introduce a property tax and a gift and inheritance tax by the beginning of 2025, under the International Monetary Fund programme.

Sri Lanka is expected to amend the existing tax mechanism when the first review of the International Monetary Fund (IMF) Extend Fund Facility (EFF) takes place this June.

President Ranil Wickremesinghe yesterday expressed confidence in creating a new financial culture and environment that had not prevailed in Sri Lanka before, through the Extended Fund Facility (EFF) programme that was approved by the International Mo

The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of recent bank failures.

The spot rupee, which opened around 320 against the US dollar, fell further to 317 to 318 levels by mid day trading yesterday, a day later the International Monetary Fund (IMF) opened up the nearly US $ 3.0 billion life line to the crisis-hit country

World Bank President David Malpass said on Tuesday he remained deeply concerned about the debt restructuring stalemate in Zambia and that the bank is working with India and the International Monetary Fund on the G20 debt restructuring process.

Tourist arrivals to Sri Lanka topped 84,000 in the first three weeks of March.

A group of Japanese investors along with Japan Deputy Head of Mission Katsuki Kotaro recently called on the Board of Investment (BOI) to discuss investment opportunities in Sri Lanka.

Dipped Products PLC (DPL), a member of the Hayleys group, commissioned an automated central warehouse facility at the Biyagama Export Processing Zone, to enhance its service delivery excellence to meet the critical global export demand.

The nation’s leader in knowledge-driven communications, Adfactors Public Relations Lanka, crossed another significant milestone with the opening of its expanded Parkway Building premises in the Park Street Mews neighbourhood.

Sri Lanka’s pioneer pharmaceutical manufacturing company Astron Limited was presented the Gold award in the pharmaceutical products, including medicinal-related Ayurvedic and herbal products sector, recognising its outstanding performance in overse

The Sinhala version of ChatGPT, the popular chatbot from OpenAI, is now available free to the Sri Lankan community on Kapruka Free Community Tools and APIs, making it an invaluable tool for creating content in Sinhala.

Hemas Consumer Brands has emerged as the big winner at the National Convention on Quality and Productivity (NCQP) Awards 2023, organised by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP).

Reiterating its commitment to employee welfare, Sri Lanka’s largest exporter and South Asia’s largest apparel tech manufacturer, MAS Holdings, has stepped forward once again to support the struggling communities in the apparel sector.

Uber Eats, Sri Lanka’s most loved food and grocery delivery platform, recently brought on board 100 electric cycles on its platform.

While Sri Lanka successfully crossed the hurdle of unlocking the International Monetary Fund (IMF) bailout package on Monday, it also became the first country in the Asian region to have its governance come...

In order to regulate the casino industry and plug tax loopholes, the Cabinet nod has been granted for the Betting and Gaming Levy (Amendment) Bill to be tabled in parliament for approval. After securing clearance...

Azzam A. Ahamat has been appointed as a Non-Executive Non-Independent Director of People’s Insurance PLC with effect from February 23. He serves also....

Sri Lanka will have to devise a plan taking into account the possibility of a domestic debt restructuring as the International Monetary Fund (IMF) points out that its programme envisages measures to adequately....

Sri Lanka’s roughly US$3 billion loan agreement with the International Monetary Fund (IMF) will look to protect the poorest while tackling deep-rooted economic issues, a senior IMF official told AFP...

Indices at the Colombo Stock Exchange (CSE) closed in the red yesterday despite Sri Lanka securing International Monetary Fund Board approval for US$ 3 billion. Brokers said the good...