Sri Lanka’s peace dividend that was taken for granted didn’t last long. As the country geared up to celebrate a decade since the end of the 30-year ethnic war came the Easter attacks that shook the nation.

Advocata Institute yesterday commended President Maithripala Sirisena’s directive to shut down the loss-making State-owned handloom enterprise Lanka Salu Sala.

Sri Lanka’s trade balance in April contracted to US $ 797 million from US $ 999 million a year ago, as import expenditure fell for the sixth consecutive month and export income increased marginally.

Sri Lanka will draw more tech firms to the country with the roll out of 5G technology, which would enhance the value proposition of the country as an emerging IT Hub, Sweden-based leading enterprise softw

(Colombo) REUTERS: Growth in Sri Lanka’s economy picked up to 3.5 percent in the first quarter from 1.8 percent in the previous three-month period, Finance Minister Mangala Samaraweera said yesterday.

Fitch Ratings has assigned Siyapatha Finance PLC’s proposed subordinated unsecured debentures an expected national long-term rating of ‘BBB+(lka)(EXP)’,one notch below Siyapatha’s national long-term rating.

ICRA Lanka has revised down the issuer rating of Hayleys PLC to (SL)A+ with Stable outlook from (SL)AA- with Negative outlook over the firm’s non improvement of financial performance and high level of gearing.

A few weeks ago, a security expert, who has studied the so-called Islamic State (IS), rightly said to this author, “Your country was ‘staged’.”

It is just fascinating to watch what is happening in Hong Kong now. Millions of Hongkongers have taken to streets to protest against a controversial piece of legislation that will allow extradition from Hong Kong to mainland China.

Further delays in operationalising the East Container Terminal (ECT) would jeopardise the Colombo Port’s transhipment hub status, according to Sri Lanka Port Authority (SLPA) Chairman Kavan Ratnayaka.

(New York) AFP: US pharmaceutical giant Pfizer yesterday announced the acquisition of Array BioPharma, a biotechnology firm that specialises in cancer drugs, the latest in a long list of biotech mergers in recent years.

Premier business chamber, the Ceylon Chamber of Commerce (CCC), is organising a networking session on the theme ‘Rebuilding Business Confidence in Sri Lanka’, providing a platform for its membership to interact with the senior government official

Euronews.com: Switzerland and the UK are among the least family-friendly countries in Europe, according to a recent study from the UN children’s charity (UNICEF).

(Colombo) Reuters: Sri Lankan shares ended marginally higher yesterday, hovering near a six-week high hit last week, as trade turnover touched a more than four-month high amid continued foreign fund outflows, while the rupee ended weaker on dollar de

Siyapatha Finance PLC, a subsidiary of Sampath Bank PLC, yesterday said its director board has resolved to raise up to Rs.1.5 billion through a listed debenture issue.

Sri Lanka’s largest tile and bathware manufacturing group, Royal Ceramics Lanka PLC, believes that the trade war between the US and China will increase opportunities for Sri Lankan manufacturers in key export markets.

In order to boost the Sri Lankan economy through exports via ecommerce, the Export Development Board (EDB) is implementing a national programme to nurture 2000 new entrepreneurs to become exporters during the period 2017-2022, at regional level.

Could Sri Lanka have prevented the Easter Sunday terror attacks that claimed 257 lives? Most media reports in the aftermath of the attack have suggested so.

The differences in legal systems among the various countries in the world are substantial. However, a uniform law relating to the contracts on international sale of goods is essential for the smooth functioning of world trade.

The Asian Development Bank (ADB), the Government of Sri Lanka and the Regional Development Bank (RDB) recently signed loan and guarantee agreements to further assist Sri Lanka to provide affordable and accessible credit to rural micro, small, and med

Sri Lanka’s services sector activities further contracted in May following Easter bombings, while manufacturing activities recovered with increased production in the country’s apparel sector, Sri Lanka Purchasing Managers’ Index (PMI) for the m

Sri Lanka is to host the 32nd Joint Meeting of The World Tourism Organization’s (UNWTO) Commission for East Asia and the Pacific (CAP) and Commission for South Asia (CSA) in 2020. During its 31st joint meeting held i

Finance Minister Mangala Samaraweera’s proposal in his budget 2019 to remove the pensioners’ salary anomalies will be implemented effective next month, a Finance Ministry statement said.

Sri Lanka’s hoteliers have urged the government to underwrite working capital loans on top of the one-year moratorium given on tourism sector loans as “no immediate turnaround is in sight” for the industry in the aftermath of the Easter Sunday

The Board of investment (BOI) has called for Request for Proposals (RFPs) to develop land belonging to the former Bogambara Prison and two plots in Katunayake Export Processing Zone as tourism projects.

LUXEMBOURG (AFP) - EU finance ministers agreed on the broad outlines of a eurozone budget early yesterday, a key reform pushed by Paris that was scaled back amid deep resistance from the Netherlands.

Most Asian markets fell yesterday on geopolitical concerns, uncertainty over the China-US trade row and the outlook for the global economy, while oil prices were mixed after the previous day’s surge fuelled by attacks on two ta

HONG KONG (AFP) - Top executives in Hong Kong have warned they will have “no reason to stay” if the city’s freedoms are damaged by a proposed bill allowing extradition to mainland China.

HONG KONG (Reuters) - Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month.