The country’s travel and tourism sector stakeholders yesterday welcomed the move by the health authorities in removing the COVID-19 protocols for tourists as the step will help increase the appeal of the destination.

The ongoing economic crisis is continuing to make more people jobless as the dire employment situation entered the fourth quarter this year reflecting the depth and breath of the crisis which is still unfolding.

Trade unions belonging to Sri Lanka Telecom PLC yesterday staged a protest in Colombo Fort against the proposed privatisation of the company.

Sri Lanka’s banking sector will be required to strictly comply with the sustainable finance framework issued by the Central Bank (CB) next year onwards.

Commercial Credit and Finance PLC yesterday announced the appointment of Bandula Egodage as the Chairman of the company with effect from November 17, 2022.

Fitch Ratings recently affirmed Lakdhanavi Limited’s National Long-Term Rating at ‘AA-(lka)’. The Outlook is Stable.

Lebanon’s divided parliament failed to elect a new President yesterday for a ninth time, despite the damage the political deadlock is doing to efforts to bail out its bankrupt economy.

The Maldives has recorded an impressive number of international visitors entering the archipelago with tourist arrivals for the first 11 months of the year nearing 1.5 million.

The government plans to appoint a dedicated regulator for the power sector while splitting Ceylon Electricity Board (CEB) into eight separate companies in accordance with the CEB re-structuring plan approved by the Cabinet of Ministers.

As all sections of the business community are leaving no routes unexplored to ensure they stay afloat, the vulnerable small and medium enterprises (SMEs) must not be left behind, asserted President Ranil Wickremesinghe.

World Bank Vice President for South Asia Martin Raiser concluded a three-day visit to Sri Lanka today, underscoring the need for urgent action to reverse the deep crisis through long overdue reforms.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) celebrated excellence in corporate reporting at TAGS Awards 2022, on Tuesday,

Forensic audits will be conducted into the operations of Sri Lanka Transport Board (SLTB), Railways Department (SLR) and Road Development Authority (RDA), in order to implement required administrative reforms.

Although Sri Lanka’s consumer durables retailers may be able to navigate the worst economic conditions stemming from runaway inflation and import restrictions, they could suffer between a 30-40 percent slump in their sales volumes in 2023, potentia

The Power and Energy Ministry has kicked off efforts to look at ways to reduce the operational costs of mismanaged state-owned entity, the Ceylon Electricity Board (CEB). The Power and Energy Ministry yesterday held discussions with the senior offic

With the recent expansion drive in providing innovative automated RFID solutions across a range of industries, Cenmetrix partnered with Sadaharitha Plantations to deliver a first of a kind in Sri Lanka, RFIDs to track the life cycle of a tree in thei

Abans unveils the new and improved service hub at the flagship Service Centre, Wellawatta, with real-time Google My Business assistance as part of its ongoing interactive online expansion.

Sri Lanka’s leading dental material, medical and diagnostic device supplier and dental health care provider Oram opened its new office at No: 92, Pepiliyana Road Nedimala, Dehiwala, recently.

Pelwatte, one of the leading local dairy brands in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange for the country, launched a hybrid milk collection and sales centre in Anuradhapura.

Tradefirst (Pvt.) Ltd, the leading material supplier in the signage and outdoor advertising industry in Sri Lanka, conducted an outbound training programme for its staff in Kitulgala, recently.

While acknowledging the need to divest certain State-owned assets to re-build the country’s foreign reserves, Cabinet Spokesperson....

Sri Lanka would need to reach out to multilateral agencies in the near future to help fund the ambitious task of reforming the State-owned....

Asian Development Bank (ADB) Vice President Shixin Chen met with Sri Lanka President Ranil Wickremesinghe on December 5. Chen noted....

The transfer of Ordinary Voting Shares of Exterminators PLC from the Empower Board of the Colombo Stock Exchange (CSE) to the Diri Savi ....

Sri Lanka’s merchandise exports in October fell for the first time since March this year weighed down by the slowing garment exports.....

The 12-month treasury bill yield continued to come off its highs while the yields of the rest of the two tenors—3-month.....

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Browns Investments and John Keells Holdings....

The Ceylon National Chamber of Industries (CNCI) had its 61st Annual General Meeting (AGM) recently when Chairman Canisus Fernando was re-elected to a second term. Fernando is CEO.....

Emerging Media, the market leader in Sri Lanka for digital screen display solutions, has been chosen as the Official Digital Media Partner for Lotus Tower Colombo. Spread over a land area....

Happy Feet & Hands (Pvt.) Ltd recently celebrated five years of operations. Founded by Nadeeshani Perera, Happy Feet & Hands opened its first outlet in 2017, right at the junction....