The Inspector General of Police (IGP) has instructed police officers to investigate and pursue necessary legal action over complaints....

Although the prolonged suspension on vehicle imports and the slump in purchasing power would continue to weigh on the demand for lubricants....

Anverally and Sons (Pvt) Ltd., a leading exporter of Sri Lankan tea, whose unique blends have captured the attention of connoisseurs worldwide, has ended 2022 on a high note, winning two prestigious....

Reiterating the product excellence of the world’s foremost health & hygiene brand, Dettol was bestowed with two accolades by the Sri Lanka Institute of Marketing (SLIM) at the SLIM Brand Excellence Awards...

CIPM Sri Lanka recently held a fruitful discussion with Minister of Labour & Foreign Employment Manusha Nanayakkara, on Developing Human Resources for Sustainable Economic Growth of Sri Lanka at the CIPM....

Sri Lanka’s largest paint and surface coatings exporter and heritage brand of Macksons Holdings, Multilac struck Gold once again at the 30th National Chamber of Exporters (NCE) Export Awards, winning....

Building on its recent partnership with India’s Okaya Power, DSL Energy, a member of Douglas & Sons (Pvt) Ltd. (DSL), recently launched an electric scooter for the first time in Sri Lanka. Gopal Baglay....

With the view of uplifting the hospitality education sector in Sri Lanka, the Swiss Hospitality & Management Academy (SHMA) of A. Baur & Co. Pvt Ltd. also known as Baurs, a leading conglomerate...

The High Commissioner of India to Sri Lanka, Gopal Baglay, visited TVS Lanka vehicle assembly facility in Horana recently coinciding with its 1-year anniversary. During the visit, HC interacted....

The ASPI closed in green as a result of price gains in counters such as Richard Pieris & Company, Lanka IOC and LOLC Holdings with the turnover crossing Rs. 1.3 bn. Similar behaviour...

Labour migration has been identified as one of the leading causes for the recent loss of employment witnessed in the country.

The authorities are now mulling another upward revision in water tariffs, weeks after they insisted that another round of electricity tariff hike was required to provide uninterrupted power next year.

A flat 15 percent withholding tax will be imposed on dividend payments and it will be considered as the final tax on dividends, with effect from January 1, 2023.

The government plans to introduce several digital systems and services to strengthen the public tax administration, with a view to replicate the success of the foolproof sticker management system introduced by the Excise Department.

The Foreign Affairs Ministry and tourism sector authorities and stakeholders are exploring avenues to see where efforts can be stepped up to reverse the negative publicity regarding Sri Lanka.

The cement use from both local production and imports, which acts as a close proxy for the construction sector heft and overall economic dynamism, slumped in the nine months of 2022 compared to the same period last year.

Destination Sri Lanka came under fresh spotlight this week, with one of its most prominent tourist traffic generators affirming the island nation is open, safe and welcoming to international travellers.

The tourist arrivals to Sri Lanka for the first 20 days of December have crossed 50,000, indicating a significant improvement in tourism activities.

The government is in the midst of reviewing the Value Added Tax (VAT) exemptions granted to various products and services...

The United States Agency for International Development (USAID) officially launched this week a five-year project in Sri Lanka and the Maldives to reduce environmental plastics.

Luxury cruise ship Silver Spirit called at the Port of Colombo yesterday.

In an effort to obtain the maximum output from the external trade sector to the national economy, the government said it would reorganise the existing conventional institutional set-up and newly established International Trade Office (ITO) to interco

Japan’s core consumer price inflation edged up to 3.7 percent in November, the highest it has been since 1981.

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, announced its recently concluded Rs.850 million rights issue, which saw keen demand and was successfully oversubscribed and fully allotted.

To increase the reach of Sri Lankan export products in international markets, the Export Development Board signed a memorandum of understanding with the Swiss Import Promotion Programme (SIPPO), which operates under the State Secretariat for Economi

Dialog Axiata PLC yesterday announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network.

A solution has been worked out to maintain the operations of key tax collecting agencies uninterrupted with the retirement of over 200 senior officials from Sri Lanka Customs (SLC), Inland Revenue Department (IRD) and Excise Department on the 31st of

Hemas Holdings PLC yesterday announced the appointment of Dr. Anura Ekanayake as the Deputy Chairman of the company with effect from January 1, 2023.

Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges.

A number of projects in the Hambantota International Port’s Industrial Park are nearing completion, a statement released by Hambantota International Port Group Pvt Ltd, said.