A public interest litigation filed seeking an order directing the authorities to disclose the details of the agreements entered with the International....

The deficit in the balance of payment (BOP), which reached the highest level in history last year, pushing the economy.....

The Overseas School of Colombo celebrates a global accolade as the first Sri Lankan educational institution to holistically cover.....

Anoji de Silva was reappointed as Chairperson of the Women’s Chamber of Industry and Commerce (WCIC), at the seventh Annual General Meeting (AGM), as per the provisions of the constitution.

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia, has raised serious concerns about the importation of used electric vehicles to Sri Lanka.

Certain Sri Lankan banks might have to be infused with fresh capital after the conclusion of what the officials call a “diagnostic study” launched into big banks to assess the extent of the implications coming from higher provisions made for loss

The Securities and Exchange Commission of Sri Lanka (SEC), Colombo Stock Exchange (CSE) and International Finance Corporation (IFC) in partnership with the Australian government conducted an Investor Forum in Kandy, at Royal Kandyan Hot

Meta, formerly known as the Facebook company, is continuing its partnership with Sarvodaya-Fusion and ICT Agency of Sri Lanka to empower the country’s youth with digital skills. After completing th

Leading Sri Lankan technology company 99x was recently awarded the Great Place to Work (GPTW) Legend status by the Gr

As Sri Lanka is one of the countries under high threat of​​ food insecurity, the island nation has much to do to reduce the post-harvest food loss, one of the key factors contributing to the ongoing food crisis. The Department of

Tourism industry stakeholders are in full gear to host the overflow of fans coming into the FIFA World Cup 2022 that will take place in Doha in November.

Faced with depressed margins and rising operational costs due to competition and the high-interest rate regime, Sri Lan

Sri Lankans working abroad have continued to send back more money as of late after hitting the lowest point in the first half of this year.

Bringing Sri Lanka under fresh spotlight is Cape Weligama, as it has been voted as one of the top three best resorts in the rest of Asia by Conde Nast Traveller Readers’ Choice Awards 2022.

The International Organisation for Migration (IOM) stepped up efforts to combat the possibility of human trafficking in Sri Lanka by collaborating with the local tourism sector.

The Colombo Tea Auction saw the offering limited to a mere 4.7 MnKgs this week.

The local rubber market remained bearish, with the local industries and exporters indicating lesser interest for the commodity, due to the lacklustre demand prevalent in the regional commodity markets, stated Forbes and Walker Commodity Brokers in it

Sri Lanka will see visitors from the Russian Federation resume their travel to the island nation once again, with efforts underway to increase flights between Russia and Colombo.

The highly anticipated Travel Agents Association of India (TAAI) convention that was to take place in Sri Lanka this year has been postponed to 2023, the Tourism Ministry said.

Some of Sri Lanka’s well-known corporates, including leading conglomerates, have come on board to sponsor the 43rd National Conference of Chartered Accountants of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

The free trade zone manufacturers yesterday fired a strong-worded letter to President Ranil Wickremesinghe, expressing their disappointment in the efforts taken by the government to increase the corporate tax.

Sri Lanka is looking to pull in a share of the massive crowd that is expected to pour into Qatar for the upcoming FIFA World Cup by playing host to the spectators between the matches.

Sri Lanka has made it to the top 20 list of the Readers’ Choice Awards 2022 by Condé Nast Traveller.

The United Nations on Monday urged central banks to loosen their belts in order to avoid a global recession, saying financial tightening risked pushing the world into grim prolonged stagnation.

Once a firm agreement is entered with the International Monetary Fund (IMF), the contents of the IMF programme will be made public with the consent of the both parties, the Central Bank Governor Dr. Nandalal Weerasinghe said.

The World Bank yesterday raised a red flag for the South Asian region, asserting that growth is dampening and there is a pressing need for countries in that region to build resilience.

Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from a severe economic crisis, President Ranil Wickremesinghe said Thursday

The Central Bank, which kept its key interest rates unchanged yesterday to continue with its bone-crushingly tight monetary policy, said a significant deceleration in inflation is expected in the early part of next year, particularly with higher base

Japan yesterday said it had not reached any agreement with Sri Lanka to co-chair a creditor conference on behalf of Sri Lanka.

Sri Lanka’s imports fell for the sixth month a in a row in August cutting the trade deficit by more than a half from a year ago after the monetary and fiscal policies were tightened to crush money supply and thereby consumption and investment activ