Sri Lanka’s tourism industry is at risk of a winter season collapse due to delays in reactivating the Electronic Travel Authorisation (ETA) system, stakeholders warned this week.

The Joint Apparel Association Forum (JAAF) joined the bandwagon in urging the government to immediately resolve the ongoing challenges related to the issuance of short term business visas, which have been halted since August 2.

The Central Bank has relaxed the mandatory export conversion period in the latest exports proceeds conversion rule which came into effect from 4 November.

Sri Lanka’s Securities and Exchange Commission (SEC) has introduced new regulations for Market Institutions and Intermediaries managing Shariah-compliant Whitelist Equity Indices, aiming to protect investors seeking Shariah-compliant investments.

People’s Bank has been assigned ‘AA’ rating by Lanka Rating Agency (LRA), reaffirming its status as the leading financial institution in Sri Lanka.

Sri Lankans working abroad have sent back once again a sizable amount of money which together with robust inflows from the tourism trade is acting as a bulwark against the possible risks in the likes of which Sri Lanka underwent during the pandemic a

Earnings from tourism have climbed in August and so were the arrivals, although not quite up to the level targeted by authorities.

Ceylon Energy, in partnership with HJT China, announced the successful completion of the Maho and Ampara 33kV power distribution lines.

FriMi recently partnered with Mastercard to create a challenge, rewarding FriMians who made transactions worth Rs.10,000 or more using either their physical or virtual FriMi debit cards.

Morphy Richards, a brand known for its premium range of home appliances and personal care products intended to make life easier and happier for consumers, is now back at Abans, with a range of premium home appliances.

Dearo Investment (Pvt.) Ltd has achieved a remarkable feat at Iconic Awards 2024 by winning four prestigious titles: Best Investment Product Provider of the Year, Best Project Finance of the Year, Best Development Investment Company of the Year and B

CBL Foods International (Pvt.) Ltd, Sri Lanka’s most cherished chocolatier and confectionery giant, offers Revello Speciality’s unparalleled customisable chocolate options, exquisitely handcrafted with infusions of gourmet artistry to elevate the

The unveiling of Scope Cinemas’ latest venue – Scope Cinemas’ multiplex at Havelock City Mall – marks a significant milestone for entertainment in Sri Lanka.

Understanding the unique challenges faced by younger internet users, Hutch Sri Lanka has introduced Hutch Junior Internet Guard—an innovative solution designed to create a safer online environment for children.

In a significant partnership aimed at empowering the Holy Family Convent Bambalapitiya (HFC) community, NDB Bank has launched the exclusive HFC Affinity Credit Card.

People’s Bank has once again demonstrated its commitment to digital excellence by surpassing three million customer registrations on its digital platforms.

AIA Insurance announced its recognition as one of the topmost loved life insurance brands in Sri Lanka.

Seylan Bank has renewed its collaboration with the National Chamber of Exporters (NCE) for the third consecutive year.

HNB Assurance PLC was once again recognised for its ongoing commitment to fostering a supportive and inclusive environment for women,

The latest addition to the portfolio of the only intergovernmental organisation based in Sri Lanka, The Colombo Plan, is the Maritime Advisory Programme (MAP),

Sun Siyam Resorts announced the appointment of Pasan Wijewardana as Cluster Director of Sales and Marketing for Sun Siyam Pasikudah and Sun Siyam Iru Fushi, effective August 17, 2024.

In a significant move towards promoting sustainable and ethical practices in the hospitality industry, the VegVoyages Foundation, Vegan Travel Asia and several other international organisations, in collaboration with Sri Lanka Tourism, offered a comp

The Institute of Internal Auditors (IIA) Sri Lanka is set to hold its highly anticipated ninth national conference on September 11, 2024, at Marino Beach Hotel, Colombo.

The government has reduced the cess on imported cement, the Ministry of Finance said.

The Free Trade Zone Manufacturers’ Association (FTZMA), in a strongly worded letter to the Board of Investment (BOI), called for immediate intervention to resolve the issues in obtaining business visa to Sri Lanka for foreign nationals.

Sri Lanka opened its first urban duty-free shopping mall this week at Port City Colombo, marking a milestone in the area’s development. The newly constructed complex, branded as ‘The Mall’, features a mix of stores,

The Export Development Board (EDB), in collaboration with the Sri Lankan Embassy in the Kingdom of Saudi Arabia (KSA), has organised a five-day outward trade delegation to promote Sri Lankan food and beverage (F&B) products in the Saudi Arabian marke

Cinnamon Wild Yala Assistant Housekeeper Dilani Hewage has bagged the prestigious title of Best Assistant Housekeeper of Asia at the 2024 Asian Housekeeper Awards.

EDEX Mid-Year Expo 2024, one of Sri Lanka’s largest education exhibitions and job fairs, was launched at the Bandaranaike Memorial International Conference Hall yesterday.

The offering at the Colombo Tea Auction remained around last and totalled 5.5 million kilogrammes and the overall demand for the Low Grown/Large Leaf teas showed a slight improvement, following the improved activity, Forbes and Walker Tea Brokers sai