Sri Lanka’s tea production for the month of November saw a marginal improvement, as the total output grew by 0.9 percent when compared with the November 2021 quantities. According to the data released by the Sri Lanka Tea Board, the November 2022 t

Sri Lanka’s struggling communities were able to share their plight first-hand with an international donor agency, with a senior USAID humanitarian advisor having visited those affected by the prevailing food insecurity.

Renowned for its paradisiac setting and utopian aesthetic, The Eden Beruwala, formerly known as The Eden Resort & Spa, is once again poised to welcome global travellers further to extensive renovations.

The Middle East’s largest comprehensive conglomerate holding group, Ajlan and Bros Holding Group, recently entered into a strategic cooperation agreement with CHEC in Riyadh, Kingdom of Saudi Arabia, forming a strategic partnership to jointly devel

China’s business confidence dropped to its lowest in nearly a decade, a survey showed yesterday, pointing to the impact of rapidly rising Covid-19 cases on the country’s economic activity.

SriLankan Airlines is organizing the first-ever series of meetings in Sri Lanka for Entrepreneurs’ Organization (EO) Nepal as part of its ramped-up efforts to help the country rebuild and grow tourism.

State Minister of Finance Ranjith Siyambalapitiya said the first of a series of programmes organised at the district level to appreciate taxpayers will be started in Colombo on December 23.

The government must take a scientific approach focusing on revenue elasticity when deciding taxes on alcohol and tobacco to collect an....

With a steady increase in vessels calling at the Hambantota International Port (HIP), and the port’s industrial park attracting numerous FDI....

Sri Lanka Insurance Corporation (SLIC) has signed up with LankaPay to launch a mobile device based digital signature solution enabling ....

Sri Lanka is expecting as much as US$ 5 billion in loans next year from multilateral agencies besides an IMF deal, while the government....

The producer prices in the country continued to charge ahead with little signs of slowing as such prices in October climbed further 0.9....

CT CLSA Securities projects the headline inflation in Sri Lanka to come down to 8 percent levels in a year from now, offering what could....

The leaders from across the industry, civil society, finance and academia met in Colombo to explore short and long-term energy....

CIPM Sri Lanka, the nation’s leader in human resource management, further strengthened its bonds of partnership with the Chartered....

The Ambassador’s Forum of Sri Lanka launched the eighth volume compiled by Ambassador’s Forum President Sarath Wijesinghe....

Elton Hurtis has been appointed as General Manager of the soon-to-be-launched Courtyard by Marriott Colombo. Elton is a passionate, award...

Talal Rafi from Sri Lanka will be giving the keynote speech on ‘Business policy and strategy for inclusive growth and development’ at the 17th Academy....

The Colombo Stock Exchange (CSE) yesterday announced changes in the S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2022 year-end rebalance.

The penultimate sale of the year, which was held this week, had 5.1 MnKgs of Ceylon Tea come under the hammer at the Colombo Tea Auction; they were met with good general demand.

The EU has threatened Twitter owner Elon Musk with sanctions after several journalists covering the company had their accounts abruptly suspended.

In an effort to improve Sri Lanka’s tourism offering, President Ranil Wickremesinghe yesterday instructed officials to step up efforts in developing the tourism hotspot Ella.

The tourist arrivals to Sri Lanka for the first two weeks have crossed the 30,000 mark, bringing the total number of international visitors entering the country to 658,210.

As Sri Lanka is particularly susceptible to the negative impacts of climate change as a small island and developing nation, efforts have been taken by the United Nations Development Programme in Sri Lanka (UNDP) to partner with the Environment and Fi

UN Climate envoy and ex-Bank of England boss Mark Carney’s firm sold farms in Brazil linked to deforestation claims.

Given the rent-seeking and corrupt elements associated with tax incentives and tax holidays granted on adhoc basis, a top investment professional urged the government should sunset all “senseless” tax holidays granted while focusing on more targe

Speaker Mahinda Yapa Abeywardana on Wednesday endorsed the certificate on the Value Added Tax (Amendment) Bill.

Offering a dire warning of what could become possible from higher interest rates in an extended period, CT CLSA Securities said unless the rates start coming down at least from the first half of next year, highly leveraged companies could see debt di

Experienced banker and current Chief Operating Officer Naleen Edirisinghe has been made Designate Chief Executive Officer of Pan Asia Banking Corporation PLC with effect from January 1, 2023.

Logistics and heavy cargo transportation campany, Advantis Projects, a subsidiary of Hayleys Advantis Limited, is swiftly moving ahead with the delivery of two of the largest Tunnel Boring Machines (TBM) ever to be deployed in the island.