The government is preparing to present a revised budget to parliament in August in order to amend the original budget estimates for the year due to the ongoing economic crisis.

Dialog Axiata PLC (Dialog) is set to expand and improve broadband connectivity across the country with International Finance Corporation’s (IFC) support.

Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy to Beijing said on Monday as it negotiates for an emergency US$ 4 billion package to help it emerge from an economic meltdown.

Sri Lanka canvassed oil companies in petroleum-producing nations yesterday to import and sell their products in the Indian Ocean Island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades.

As the country’s fuel import bill is estimated to increase to US$ 6.7 billion this year, the Cabinet nod has been granted to appoint an advisory committee and officers’ committee to ensure continuous fuel supply by effectively managing limited fu

Indices closed in red as a result of price losses in counters such as Commercial Bank, Expolanka Holdings and Chevron Lubricants....

National carrier SriLankan Airlines yesterday said it paid the interest in full on its US$ 175 million bond due in 2024 using company....

The government is preparing to present a revised budget to parliament in August in order to amend the original budget estimates....

The Free Trade Zone Manufacturers’ Association (FTZMA) yesterday sounded a note of optimism about President Ranil Wickremesinghe ushering in the necessary changes to the country’s economy.

As Sri Lanka grapples with the most challenging times ever witnessed in history, businesses are on the continuous lookout for a silver lining. Diversified conglomerate DIMO aims to provide just that by stepping up efforts to power the nation with sol

The Mrs. Tourism Sri Lanka 2022 pageant will have its grand finale on Saturday, July 30, in the evening, at the Nelum Pokuna auditorium,

Oriflame Sri Lanka recently took part in a large tree planting effort in the north, in Palali.

Supporting the small and medium enterprise sector and fostering constructive dialogue amongst public, private and non-governmental stakeholders on navigating the ongoing economic crisis,

CreativeHub’s B2B sales platform Marketrix.io is paving the way for Sri Lankan export manufacturers to drive conversions by as much as 300 percent even in the midst of today’s challenging economic landscape.

The Employers’ Federation of Ceylon (EFC), the leading employers’ organisation in Sri Lanka, yesterday appealed to the new government to enable uninterrupted business and economic activity in the country, to safeguard the livelihoods of people.

Sri Lanka’s tourism authorities remain optimistic of Russia’s national carrier Aeroflot resuming its scheduled flights between Colombo and Moscow, shortly.

Amid the economic challenges Sri Lanka continues to grapple with, Acuity Knowledge Partners, a leading provider of bespoke research,

Diversified conglomerate and agri sector major CIC Holdings reported a solid first quarter, helped by the removal of the import ban on chemical fertiliser and other agrochemicals, though the group’s finance cost surged amid the sharp rise in intere

China’s finance and investment spending in Belt and Road countries fell slightly in the first half compared to a year earlier, with no new coal projects and investments in Russia, Egypt and Sri Lanka falling to zero, new research showed.

Until Chinese President Xi Jinping sent a congratulatory message on July 22, 2022 to the new President of Sri Lanka Ranil Wickremesinghe on his election, it seemed there was little or no positive response to Sri Lanka’s economic crisis from China.

Sri Lanka’s ongoing economic and political turmoil has taken the country back in terms of development. However, sectors such as apparel continue to brave the storm building a sense of togetherness.

Tea Smallholder Factories PLC, a subsidiary of John Keells Group, reported solid performance for the quarter ended June 30, 2022 amid strong top line growth.

President Ranil Wickremesinghe has appointed a committee headed by a retired High Court judge to probe an allegation where a minister had demanded a bribe from Japan’s Taisei construction company.

Nilan Mihindukulasooriya, a 31-year old Sri Lankan expat living in Adelaide has made it to ‘South Australia’s 40 under 40 - 2022’ list, annually compiled by the CitiMag - the Adelaide based print/digital magazine.

The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts, Matthew Baldwin, Deputy Director General of the European Commission’s energy department, said on Saturday.

One out of three Sri Lankans could operate a computer on their own while one out of two could work with even other devices such as tablets or smartphones by the end of 2021, according to the Computer Literacy Statistics annual bulletin released by th

SLT-Mobitel, the national information and communication technology services provider, met with US Ambassador to Sri Lanka Julie J. Chung and other US officials recently to discuss investment opportunities in Sri Lanka for U.S. based-businesses.

Hayleys Solar, the specialised renewable energy solutions arm of Fentons Ltd, recently introduced a state-of-the-art PV-DG solution to the local business sector to help effectively utilise solar energy and minimise fuel costs.

Leading Sri Lankan technology company 99x was recently awarded the Great Place to Work (GPTW) Legend status by the Great Place to Work Institute, following its achievements for the 10th consecutive year.

Deepak Senthil has replaced Mayank Arora as the new Managing Director at Coca-Cola Beverages Sri Lanka (CCBSL).