Programmatic Colombo, the first event of its kind, was successfully held in Sri Lanka recently, organised by Adstudio.Cloud, at The Kingsbury Hotel, Colombo.

Prime Minister Mahinda Rajapaksa yesterday visited premier blue chip John Keells Holings’ flagship project Cinnamon Life.

Contrary to the popular belief that Central Bank’s Monetary Board would stay pat at the next week’s policy meeting, ICRA Lanka observes more reasons are building up for the rate setting committee to consider a rate cut as opposed to why it should

Sri Lanka’s manufacturing activities expanded at a higher rate with an index value of 59.8 in September 2020, an increase of 1.9 index points from August, according to the Purchasing Managers’ Index compiled by the Central Bank.

Sri Lanka’s tea exports for the month of September recorded a drop in terms of volumes, but in terms of value, higher revenues were fetched compared to the corresponding month in the previous year.

As Sri Lanka’s massive debt burden limits the government’s ability to extend a sizeable stimulus package beyond the coronavirus recovery stage, the country was urged to look at a more sustained growth path that is built on productivity-driven gro

Catering arm of the national carrier, SriLankan Catering will soon be launching a range of heat-and-eat frozen meals for both local and overseas supermarkets under the brand name ‘Cuisine Gastronome’ in a bid to create other revenue generation av

Sri Lanka’s industrial production slipped in August amid deceleration in a few key sectors but held at pre-pandemic levels reached in July demonstrating resilience of the country existing industries and the new ones entering the sector buoyed by ro

Weligama Bay Marriott Resort and Spa management says operations would continue sans new room bookings, though a guest tested COVID-19 positive following nine days after his departure.

Cargills Bank Limited reported Rs.306 million net loss for the three months ended June 30, 2020 (2Q20) on top of Rs.242.6 million loss in the previous quarter (1Q20), amid the bank’s management seeking the assistance of external consultants to turn

Catering arm of the national carrier, SriLankan Catering will soon be launching range of heat-and-eat frozen meals for both local and overseas supermarkets under the brand name ‘Cuisine Gastronome’ in a bid to create other revenue generation aven

The International Monetary Fund (IMF) this week forecasted Sri Lanka’s economy to contract by 4.6 percent, significantly higher than a 0.5 percent contraction it predicted in April, as the coronavirus pandemic-related disruptions continuing to take

As the ‘Ceylon’ brand continues to be misused in the global market, especially in the case of tea and cinnamon, the government announced its decision to amend the current intellectual property laws to accommodate the Geographical Indication (GI)

The turnover at the Colombo Stock Exchange crossed the Rs.5 billion mark yesterday for the second consecutive day, amid increased high-net-worth, institutional and retail activity, although foreign participation continued to remain subdued.

DIMO Agribusinesses owns 3 Agri Techno Parks in Dambulla, Nikaweratiya and Lindula Intends to enter agro-tourism market through these parks to offer agriculture-based holiday experience

The business disruptions caused by the coronavirus pandemic weighed on Softlogic Holdings PLC’s March 2020 quarter performance (4Q20) and the full financial year (FY20), the recent interim financial accounts released to the Colombo Stock Exchange s

Pandemic restrictions saw an unprecedented fall in greenhouse gas emissions in the first half of 2020 -- larger than during the 2008 financial crisis and even World War II -- experts said yesterday.

Lakdhanavi Limited, the country’s largest independent power producer, is expected to rope in a partner, who will infuse 30 percent of the project cost of the construction of the proposed 300MW diesel/LNG power plant in Kerawalapitiya, which was awa

The Non-Bank Financial Institutions Supervision Department of the Central Bank is to go through a complete overhaul with a new institutional structure to regulate finance companies.

Sri Lanka’s earnings from merchandise exports crossed the US$ 1 billion mark again in September after July, indicating that the country’s export sector is recovering at a faster pace after the brief setback caused by the curfews imposed to contai

The government will use the US$500 million loan from the China Development Bank (CDB) for budgetary support, Money, Capital Markets and State Enterprise Reforms Minister Ajith Nivard Cabraal told Daily Mirror yesterday.

Export Development Board (EDB) Chairman Prabhash Subasinghe yesterday asserted it is unethical to point fingers at companies and individuals for the jump in COVID-19 positive cases as it is not one segment, but the entire society that must take respo

The Colombo Stock Exchange’s (CSE) turnover crossed Rs.5 billion mark yesterday, highest recorded since January this year, on local retail and high net worth investor play, although both indices lost ground.

Sri Lanka’s only glass bottle manufacturer Piramal Glass Ceylon PLC said the performance of July-September quarter (2Q21) was boosted by domestic market sales driven by COVID-19 fears.

The Non-Bank Financial Institutions Supervision Department of the Central Bank is to go through a complete overhaul with a new institutional structure to regulate finance companies as the Cabinet of Ministers this week approved a proposal to implemen

The Cabinet of Ministers has approved a proposal to set up an Expressway Investment Company, a fully State-owned entity under the Treasury to own and self-finance ongoing and future expressway projects with revenues generated from toll collections an

The Cabinet of Ministers has approved a proposal to set up an Expressway Investment Company, a fully state-owned entity under the Treasury to own and self-finance the ongoing and future expressway projects with revenues generated from toll collection

As Brandix continues to come under harsh criticism for having COVID-19 positive cases among its staffers, leading to a spike in the number of infected persons in the country, the Fabric and Apparel Accessory Manufactures’ Association (FAAMA) urges

Sri Lanka’s merchandize export earnings have surpassed the US $ 1 billion mark in September after July during this year, the Export Development Board (EDB) said.