There would be no delay in Sri Lanka firming up the loan from the International Monetary Fund (IMF), the Finance Ministry said yesterday, calling the reports published in this regard factually incorrect.

John Keells Group said it intends to finalise arrangements with gaming operators to operate at its flagship project Cinnamon Life, with the government formalising the process of issuing licences and monitoring of casino operations in Sri Lanka.

The offering at the Colombo Tea Auction this week was more or less similar to last, with quantities totalling 5.3 MnKgs. The offering was met with good general demand at firm to easier rates.

The flag carrier of France, Air France, resumed operations between Colombo and Paris yesterday.

Bounty hunters may have their work cut out this Christmas, after chocolate manufacturer Mars Wrigley said it would be eliminating the sweet from some of its tubs.

The national tea sales average for the month of October 2022 declined from the previous month, recording Rs.1,483.65.

The fifth edition of Race The Pearl, a 24-hour race that covers the entire length of 600 kilometres of Sri Lanka from top to bottom, kicks off today.

Colombo Dockyard PLC (CDPLC), the leader of the shipbuilding industry in Sri Lanka and one of the most competitive shipyards in South Asia, launched this week a cable laying and repair vessel, C/S Sophie Germain, to Orange Marine France.

HNB PLC was selected as a partner financial institution by the Asian Development Bank (ADB) to disburse a component of the US$ 13.5 million in funds allocated to the SME-Line of Credit (SMELoC) Emergency Response Scheme.

The Commercial Bank of Ceylon was honoured as Asian Development Bank’s (ADB’s) ‘Leading Partner Bank in Sri Lanka’ for the second consecutive year at the 2022 Trade and Supply Chain Finance Programme (TSCFP) Awards that recognise the contribu

Consumer foods juggernaut Ceylon Cold Stores PLC reported robust performance for the three months ended in September 2022 (2Q23) despite the substantial erosion in consumer spending amid runaway inflation and other economic difficulties.

A doubling of synthetic fabric volumes, higher selling prices and the impacts of the depreciation of the rupee have generated a strong growth for Teejay Lanka PLC, enabling Sri Lanka’s first multinational textile producer to close in on its precedi

A new tax policy is a valid need for Sri Lanka at present but the government should be careful not to throw the baby out with the bath water,

Gearing up to be part of the highly anticipated FIFA World Cup, Sri Lanka yesterday officially launched FIFA Fan Zone 2022.

Keells Food Products PLC (KFP) recorded strong performance in the three months through September (2Q23), as the company passed on the soaring production and other costs to customers via higher prices to blunt the impact on its margins coming from the

Leading business chambers and industry associations have written to Ports, Shipping and Aviation Minister Nimal Siripala De Silva, pertaining to the newly introduced provisions under Extraordinary Gazette Notification No 2304/24 that violate the prin

CEO Marketing Warrior Awards of Singapore Airlines (SIA) Group was recently held at the Marquee, Marina Bay Sands Singapore.

BMICH has been crowned as the Gold Award winner in the Leading Convention Center category of the 2022 South Asian Travel Awards (SATA).

Envoy, Sri Lanka’s international brand and the premier brand of Hameedia that is synonymous with style and quality, has officially expanded into the Middle East with the recent opening of the Envoy Dubai showroom in Festival Mall in Dubai.

HNB Assurance PLC (HNBA) a leading life insurance service provider in the country recently launched their ‘Supreme Health Unlimited’, an all-inclusive medical rider cover. Thiscomprehensive health Insurance covers an array of special benefits giv

People’s Bank recently joined hands with the Export Development Board of Sri Lanka (EDB), in an exclusive partnership to assist in promoting Sri Lankan exports, and help prospective entrepreneurs to enter the international export market.

DFCC Bank yet again reaffirms its commitment to customer centricity and digital innovation, having been voted as the Market Leader in Cash Management in Sri Lanka for the second year running by Euromoney for 2022 and clinching first place for Best Se

SriLankan Airlines introduced this week multiple exclusive benefits for student visa holders on bookings made directly through the airline’s website.

Sri Lanka’s exporters yesterday cautioned that lack of efforts towards eradicating corruption at all levels, non-implementation of much-needed reforms and further hardships on people could send protesters back to streets.

Tourist arrivals to Sri Lanka crossed the 42,000 mark in October after September recording the lowest number of international travellers....

Elon Musk has dissolved Twitter’s board of directors - cementing his control over the social media platform. The multi-billionaire....

Copreus Private Ltd, a company running its business operations at East Tower of the World Trade Centre in Colombo has obtained....

hSenid Business Solutions PLC reported some solid financial results for the three months to September 2022 coming from its existing....

The ASPI edged up as a result of price gains in counters such as Expolanka Holdings, SMB Leasing nonvoting and The Lanka....

Mobile services provider Hutchison Telecommunications Lanka (Pvt) Ltd. (Hutch) this week celebrated 25 years of operations in Sri Lanka....