Dialog Axiata PLC on the invitation of Ministry of Power and Energy and Ministry of Tourism partnered Sampath Bank PLC, to launch the Tourist Fuel Pass (TFP) that would enable tourists visiting Sri Lanka to obtain fuel without the standard quota rest

Efforts are underway to identify the root causes of food losses in Sri Lanka, with the support from the Australian Centre for International Agricultural Research (ACIRA), so that the local authorities are able to address the issue and create a new ec

Renewable energy producer Windforce PLC yesterday announced its entry into the electric vehicle (EV) and its supporting services market, with an investment of Rs.200 million.

Sri Lanka Tourism Development Authority (SLTDA) Director General Dhammika Wijayasinghe yesterday announced that she would be stepping down from her role at the entity.

Sri Lanka’s hopes for lower oil prices at the pump could face hurdles, as the members of the Organisation of the Petroleum Exporting Countries and its Russia-led allies, a group collectively known as OPEC+, yesterday decided on what analysts called

The National Chamber of Commerce of Sri Lanka (NCCSL) in association with the Department of Labour is organizing a seminar on ‘Promote Industrial Efficiency and Productivity through Laws’ on October 13 from 9. 00 a. m. to 12. 00 noon at the Natio

CEOs are actively looking for ways to get ahead of the triple threat of the aftermath of the COVID-19 pandemic, increasing geopolitical tensions and inflation, according to the EY CEO Outlook Pulse Survey- October 2022.

The Treasury bill yields firmed up at the weekly bill auction held yesterday, ahead of the monetary policy decision, which is largely expected to leave the policy rates at their current levels for the third consecutive month.

The IMF Executive Board has approved a new, temporary Food Shock Window (FSW) under its emergency financing instruments (Rapid Credit Facility-RCF/Rapid Financing Instrument-RFI).

Analysts have increased their wagers for a pivot in the monetary policy in the next three to six months, as they expressed worries over the deeper than anticipated contraction in the economy, which could get entrenched and reach to irrecoverable leve

Sri Lanka hopes to increase tourist arrivals for 2022 by at least five fold from the number achieved in 2021, the Sri Lanka Tourism....

The shockingly poor practice of blindly granting enormous tax concessions to certain foreign investments without knowing their true....

The Colombo Tea Auction saw sales average reaching an all-time high in September, recording Rs. 1,599.40 (US$ 4.46) per kilo....

The parliamentary committee appointed to provide recommendations to legalise cannabis as an export product met for the first....

First Capital Research (FCR) expects the Central Bank to hold its key interest rates unchanged at tomorrow’s monetary policy....

The ASPI closed in red as a result of price losses in counters such as Expolanka Holdings, Lanka IOC and Vallibel One with....

In order to commemorate the World Children’s Day on October 1, 2022, Sri Lanka Insurance (SLIC) launched yet another heart-warming....

Seylan Bank’s senior citizen savings account Seylan Harasara offers many privileges to the senior citizens by identifying....

Keeping its promise to protect the nation’s senior citizens, Sampath Bank recently pledged a record Rs.200 million in medical benefits....

Online and digital banking has been growing phenomenally since the global pandemic and banks have been fast-tracking....

Eva, the market leading sanitary napkin brand of Sri Lanka since 1987, has come forward to put an end to period poverty among....

Bairaha Farms PLC has modernised its laboratory with the addition of microbiological laboratory. With that, the company.....

A national programme has been launched as per a concept of Sanasa Movement’s founder Dr. P.A. Kiriwandeniya, in order to develop....

Orel Corporation, as part of its business growth initiatives, has appointed Dasun Shanaka, the current captain of the Sri Lankan ODI....

DIMO, a leading diversified conglomerate in Sri Lanka, received the coveted Great Place To Work Legends status, following its 10th consecutive....

Uber’s 2021 Sri Lanka Economic Impact Report, compiled by Public First, a UK-based policy research firm, which was launched.....

To celebrate the 90th anniversary of Richard Pieris Group, the trendsetter and pioneer hypermarket in Sri Lanka, Arpico Supermarkets....

Sri Lanka should follow the Indian tax system when it comes to granting tax concessions to foreign investors, main opposition Samagi....

Sri Lanka witnessed its lowest monthly tourist arrivals in September, with the number of international visitors entering recorded at 29,802.

Sri Lanka’s headline consumer prices could turn a corner in October from a likely peak in September, due to higher base effects last year and the back-to-back deceleration seen in monthly food prices since July.