Although Sri Lanka’s apparel sector has shown resilience through numerous challenges. the industry is seeing some holding back....

In an effort to extend superior service to overseas customers, top exporters in the country dealing with food and organic products....

Premier hospitality chain Aitken Spence Hotels made waves in the culinary sphere with its resort, Adaaran Prestige Vadoo Maldives....

Renowned German leisure carrier that operates scheduled services to holiday destinations worldwide has announced plans to operate....

Pro-circularity model reduces manufacturing energy requirements by 95% Hayleys Group subsidiary Alumex PLC recently announced....

The marketing team of the Hambantota International Port Group (HIPG) visited Japan during the last week of August, to increase.....

The eruption of recurrent episodes of crisis across the world has resulted in nine out of 10 countries to fall backwards in terms of human development and the economies must jolt themselves out of the global paralysis to secure the future of people a

Sri Lankan and Korean businesses received first-hand insight on engaging in trade with one another recently, via an event that was hosted by the Sri Lanka-Korea Business Council to mark 45 years of diplomatic relations between the two nations.

Sri Lanka must step up efforts to keep Japanese investments in the country, newly-elected Sri Lanka-Japan Business Council (SLJBC) President Mahen Kariyawasam said, so that bilateral trade within the two nations can be maintained and boosted.

The investors should not only focus on the short-term requirements but also be prepared and collaborate in medium and long-term investments to create a win-win situation for Sri Lanka and its neighbouring giant, Indian High Commissioner Gopal Baglay

E. B. Creasy & Co. PLC declared an interim dividend of Rs.1.00 per share, paying out Rs.253.5 million from the distributable profits of the current financial year.

The national tea sales average for the month of August 2022 recorded Rs.1,508.21 (US $ 4.21), which is the highest ever recorded average for a calendar month, surpassing the previous best of Rs.1,448.13 (US $ 4.05) recorded in the month of July 2022.

The total offerings at this week’s Colombo Tea Auction were fairly similar to last and totalled 4.2 MnKgs, which was met with good demand.

Crisis-hit Sri Lanka, which declared bankruptcy in mid-April and defaulted on its foreign debt in the following month for the first time in its history, yesterday appointed two additional ministers to manage its finances, increasing the total number

The European Central Bank is hiking interest rates by record three-quarters of a percentage point as it scrambles to contain the inflationary fallout from Russia›s invasion of Ukraine and the ensuing energy crisis.

Trading hours of the Colombo Stock Exchange has been extended by half an hour with effect from September 15.

Watawala Plantations PLC this week announced plans to infuse Rs.365 million into the capital of its dairy subsidiary Watawala Dairy Limited (WDL).

As Ceylon Petroleum Corporation (CPC) has taken some effort to bring the private sector into the industry, a comprehensive report on the possible opportunities for the loss-making entity highlighted that there are more public-private partnership (PPP

UNDP-led cloud funding platform ‘Rebuild Sri Lanka’ platform went live yesterday, allowing global citizens to contribute to alleviating the impacts of the crisis in the country.

Loss-making Ceylon Petroleum Corporation (CPC) needs to look at improving its data collection and presentation efforts, as there is poor consistency in what the entity makes available for decision-making, Power and Energy Minister Kanchana Wijesekera

Sri Lanka’s Damro Group is to set up a new luxury hotel in Colombo 3, with an investment of US $ 57.50 million.

US tech companies that receive federal funding will be barred from building “advanced technology” facilities in China for 10 years, the Biden administration has said.

The Public Debt Department (PDD) of the Central Bank yesterday only sold Rs.10.2 billion worth of Treasury bills, despite offering Rs.75 billion in bills, with yields remaining unchanged across all three maturities from last week’s auction.

Zambia wants US $ 8.4 billion in cash debt relief from this year through 2025, the International Monetary Fund (IMF) said in a report published on Tuesday that will set the tone for complex restructuring negotiations with creditors ranging from Chine

The civil activists and environmentalists demand a public audit on the controversial foreign-funded projects and to take measures to declare such borrowing as illegitimate debt owed by the country to foreign creditors.

SouthBeach Weligama, Sri Lanka’s most exciting new freehold address on the picturesque Weligama coast, completed its first phase of construction, the completion of the raft foundation, ahead of schedule despite working through a very challenging pe

In a recent collaboration, Browns General Trading Division (GTD), the leading provider of globally-renowned high-quality building material solutions in Sri Lanka, partnered with Sierra Industries, a prominent player in general engineering constructio

Sri Lanka Sotheby’s International Realty (SIR) has expanded its team in Colombo by appointing internationally acclaimed sales and marketing professional Neluka De Alwis as Chief Marketing and Sales Officer.

Baby Care (Pvt.) Ltd, which is Sri Lanka’s first company to introduce imported baby items, was awarded the Bronze award in the Best E-Commerce Website category during Sri Lanka’s prime technological award ceremony organised by BestWeb.lk.