The Purchasing Managers’ Index (PMI) for September logged rather a surprise decline from a month earlier, notwithstanding the expectation....

As a part of the government’s effort to boost non-tax revenue, the Cabinet nod has been granted to draft new laws to introduce a comprehensive....

Losses of Sri Lanka’s State-owned Enterprises (SoE) could top Rs.4, 000 billion by the year-end with Ceylon Petroleum Corporation....

Sri Lanka’s talent pool will receive support towards an upliftment through the Korea International Cooperation Agency (KOICA) with Republic....

The ASPI closed in red as a result of price losses in counters such as Vallibel One, Lanka IOC and Hayleys with the turnover crossing ....

Miss Tourism World 2022 will host its grand finale in Sri Lanka this December, from 8th to 21st, with 80 winners from 80 countries. Sri Lanka secured....

The first meeting of the National Combined Mechanism for Food Security and Nutrition of the Presidential Secretariat was held....

Microimage recently celebrated its 27th anniversary of delivering innovative digital solutions across the Asia-Pacific region through its subsidiaries...

Phyxle Infotech (Pvt) Ltd was conferred the Merit Award under the best small and medium business website category at the BestWeb.lk....

IFS, the global cloud enterprise software company, recently announced the general availability of the October release of IFS Cloud. The release....

With people being strictly confined to the comfort of their homes and compelled to rely on social media to keep up with the world....

SriLankan Airlines, as a prime promoter of destination Sri Lanka, in a bid to support the country’s tourism recovery drive, will be hosting over 150 international travel agents in Sri Lanka for a commercial conference and a travel mart in mid-Novem

The tourist arrivals for the first half of October have crossed the 20,000 mark, showing an improvement in the rate of international visitors entering the country.

The tea industry sounded the alarm on the government’s latest move to increase the corporate income tax rate, highlighting that the move would negatively impact the competitiveness of Ceylon Tea in the global market.

Saudi Arabia has rejected US accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision.

Sri Lanka’s non-life insurers would face pressure on their underwriting profits, due to the rising cost of motor spare parts, stemming from currency devaluation and runaway inflation, according to Fitch Ratings.

Despite the expectations to end monetary financing and start shrinking its balance sheet, which has now grown to a size of nearly Rs.2.4 trillion, the authorities are yet to make good on their intentions, although they act with much restraint in expa

Further defending its argument to stay firmly on higher rates for longer, the Central Bank offered data to provide evidence as to why a reversal of the interest rate policy prematurely wouldn’t necessarily help businesses, instead would make things

Sri Lanka saw its earnings from the tourism trade falling in September for the second consecutive month due to weaker arrivals ahead of a more prospective season which has got underway from the start of October....

The Index of Industrial Production (IIP), which measures the country’s industrial sector heft staged a recovery from July to August, but the index remains well below last year’s levels as the economy is in a deep....

The Central Bank emerged as a net absorber of foreign currency for the second consecutive month in September signalling a recovery in the domestic foreign exchange market after nearly a year of liquidity....

Sri Lanka’s producer price inflation surpassed 100 percent in August once again, reflecting the persistent nature of the price pressures that are being contended by suppliers across the sectors...

China’s President Xi Jinping signalled there would be no immediate loosening of his controversial zero-Covid strategy as a historic Communist Party congress opened in Beijing. In a break in decades-long....

Investors and analyst are bracing for an extremely muted earnings season when listed companies start reporting their September quarter financial performance this week which will show how they have fared....

Sri Lanka’s market leader in LPG, Litro Gas Lanka Limited, observed a revival in the food and beverage industry, which was suffering for months, due to the shortage of essential items as a consequence of....

The Sri Lankan Chapter of the Entrepreneur’s Organisation (EO), the world’s largest peer-to-peer network of entrepreneurs, successfully concluded its Annual General Meeting (AGM) for the year 2022....

In an effort to foster and facilitate an increase in tourism in Sri Lanka, Ceylon Roots recently successfully concluded two events in collaboration with the International Police Association of Sri Lanka (IPA). Nominated as....

Envoy, Sri Lanka’s international brand and the premier brand of Hameedia that is synonymous with style and quality, will be expanding into the Middle East with the upcoming opening....

The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, carried out a survey during October, with the view of understanding....

The Union Bank Sports Club, in its endeavours to uplift employee motivation and wellness, initiated the innovative Walk & Win virtual steps challenge for staff during the month of September 2022. This initiative....