The Sri Lanka Logistics & Freight Forwarders Association (SLLFFA) is planning to develop a transparent and interactive single communication platform aimed at curbing corruption and boosting efficiency in logistic operations. “Dealing with

Following the establishment of its credentials in the modern trade market, Softlogic Glomark, Sri Lanka’s first inspirational global supermarket, launched its latest outlet in Kottawa on July 4 with a fusion of international brands and specially se

The Finance Ministry yesterday announced two new appointments at the General Treasury.

Prime Minister Ranil Wickremesinghe laid the foundation for an agriculture processing mega zone in Uhana, Ampara yesterday. Primary Industries and Social Empowerment Minister Daya Gamag

Men use their phones to connect to the electric scooter mobile app while standing on a sidewalk of a street in the Israeli coastal town of Tel Aviv. Israelis in the country’s economic capital Tel Aviv have embraced electric scooters and their smart

SINGAPORE (AFP) - Two Singaporean men were charged yesterday with flying drones near a military airbase without permission, the city-state’s first such prosecutions as it cracks down on illegal use of the devices.

LONDON (AFP) - Car manufacturer Jaguar Land Rover will make electric cars at its central England factory, it announced yesterday, securing thousands of jobs in a major boost to post-Brexit Britain.

LONDON (AFP) - Former British finance minister George Osborne is lining up a bid to replace Christine Lagarde as head of the International Monetary Fund, UK newspapers reported this week.

REUTERS - Britain’s competition regulator has stepped in to pause Amazon’s investment in online food delivery group Deliveroo while it considers launching a full investigation.

The Monetary Board of the Central Bank of Sri Lanka, acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limi

NEW DELHI (AFP) - India’s newly re-elected government promised yesterday an easing of foreign investment rules and more infrastructure spending in an effort to boost flagging growth rates and create jobs.

HONG KONG (AFP) - Asian markets fluctuated yesterday as investors steeled themselves for the release of a crucial US jobs report that could have a major bearing on the size of an expected Federal Reserve interest rate cut.

REUTERS - Sri Lankan shares extended gains yesterday to hit their highest close in 11 weeks, boosted by foreign inflows into equities, while the rupee ended weaker.

The launching of mega infrastructure projects and improved tourist arrivals in the month of June compared to May in the aftermath of the April 21 Easter Sunday attacks lifted the spirits of the Colombo Stock Exchange (CSE) yesterday, sending the indi

Sri Lanka’s leading school and office stationery brand, Atlas has become a victim of widespread anti-Muslim boycott campaign allegedly launched by some of its competitors and parties with vested interests following the Easter Sunday attacks on Apri

Prime Minister Ranil Wickremesinghe is scheduled to present a Cabinet memorandum to bring down the costly airfare structure at Bandaranaike International Airport (BIA) at the next Cabinet meeting.

Listed brush maker BPPL Holdings PLC says the Easter Sunday attacks on April 21 that dealt a severe blow to the country’s tourism industry could impact the availability of waste plastic bottles, the key raw material of their filament production pro

The sharp decline in interest rates and resultant lower finance costs is likely to improve the earnings of listed corproates towards 4Q19 amid faster than expected recovery in the country’s economic outlook and lower rates, according to First Capit

The tourist arrivals to Sri Lanka in June almost doubled from a month ago after the April 21 Easter Sunday carnage, although the arrivals were over 50 percent down from a year ago, the data released by the country’s tourism office showed.

The government has appointed an apex committee tasked with identifying an implementation model for the proposed Pettah Multimodal Transport Hub (PMTH) and resolving the key issues surrounding the project, in order to finalise theproject plan.

The Tourist Hotels Association of Sri Lanka (THASL) yesterday condemned the growing number of incidents of hate speech against the ethnic and religious communities in the country, following the Easter Sunday attacks on April 21 and requested the auth

The government has approved a proposal by a private company to set up a US $ 50 million cable car project in Nuwara Eliya, targeting both local and foreign tourists.

(Washington) REUTERS: The nomination of Christine Lagarde as European Central Bank President on Tuesday has thrust the International Monetary Fund (IMF) into an early, unanticipated search for a new leader amid a raging trade war that has darkened th

The Ceylon Chamber of Commerce yesterday urged the government to be more transparent on the proposed Forces Agreement (SOFA) and Millennium Challenge Corporation (MCC) agreement with the United States government and to ensure to follow the due proces

Life is nasty, brutish and short. The horror of the Easter Sunday attack in Sri Lanka will prove Thomas Hobbes was correct. The child that lost her parents or the parent that lost their child unaware why this disgraceful act of brutality came to thei

Following is the full address delivered by South African High Commissioner in Colombo R.P. Marks at the 180th Annual General Meeting of the Ceylon Chamber of Commerce on June 28th on the topic ‘South African Business and their Role in Creating sust

Sri Lanka’s egg producers warn that the crisis-hit broiler chick producers may supply the fertilised eggs of their excess broiler-breeder parent stocks to the market leading to a collapse of the local

Tourist arrivals which plunged to nominal levels following the Easter Sunday attacks on April 21 are now slowly recovering. The picture shows a tourist feeding an elephant in Uda Walawe. Sri Lanka earned US $ 4.4 billion from tourism in 2018, and wa

Finance Minister Mangala Samaraweera had reportedly told the Cabinet of Ministers yesterday that he would withdraw the proposal to allow cigarettes imports from China for the Chinese nationals working in

Sri Lanka’s unemployment rate in the first quarter of 2019 (1Q19) edged up to 4.7 percent from 4.5 1Q18 even though 221, 612 new jobs were created from 12 months ago, the data released by the government statistics