‘Future Minds 2019’ higher education and career gateway exhibition opened at the BMICH yesterday. The exhibition will be held in Colombo till June 16, then at Kandy City Centre on June 22 and 23, and finally at Hall de Galle on September 7 and 8.

SANTIAGO (AFP) - Workers employed by the world’s top copper producer went on strike yesterday at the sprawling Chuquicamata mine in Chile, unions said. Three unions issued a statement saying adherence to the stoppage was massive at the mine operate

PARIS (AFP) - Tepid growth in demand for oil along with ample supplies from non-OPEC countries will complicate efforts by the cartel and its allies to boost prices, the IEA said in a report yesterday.

REUTERS - Sri Lankan shares snapped a five-day rally to end a tad weaker yesterday, slipping from a near six-week high hit in the last session, as foreign fund outflows from equities continued, while the rupee fell on p

Social media have ascertained a dynamic and organic rapport with politics. Smartly hijacking the command print and broadcast media had over public affairs, now social media determine, to a large extent, how we are governed and by whom.

Sri Lanka’s banking sector has received a record 1055 applications requesting for moratoriums on outstanding loans worth Rs.62 billion by the struggling tourism industry at the end of May, According to the Central Bank.

A Spanish investor has signed an agreement with the Board of Investment (BOI) to construct and operate 43 luxury cabanas in Palatupana, Yala.

Finlays Colombo Ltd. (Finlays) has sold its temperature-controlled logistics business in Sri Lanka operating under Finlay Cold Storage (Pvt) Ltd. to Emergent Cold for Rs.3.62 billion, Finlays Colombo’s latest annual report indicated.

Sluggish economy and weakened consumer confidence could persist until the Presidential election is announced towards the latter part of the year. But the collapse in the rupee could be less severe than earlier predicted due to a potentially weak doll

(Colombo) REUTERS: Sri Lankan shares rose for the fifth straight session yesterday to end at a near six-week high on local buying, even as foreign investors continued exiting the island nation’s risky assets, while the rupee edged lower on importer

The government will increase a monthly allowance given to differently-abled people to Rs.5, 000 from Rs.3, 000, Finance Ministry said in a statement.

(London) AFP: World oil prices surged yesterday on reports that two tankers had been attacked in the Gulf of Oman, worsening frayed tensions in the crude-rich Middle East region, analysts said.

Sri Lanka Tourism this week launched a new and updated website www.SriLanka.travel aimed at serving the potential tourists as a ‘one-stop-shop.’ Earlier, Sri Lanka Tourism Development Authority (SLTDA) and Sri Lanka Tourism Promotions Bureau (STP

Social media have ascertained a dynamic and organic rapport with politics. Smartly hijacking the command print and broadcast media had over public affairs, now social media determine, to a large extent, how we are governed and by whom.

The stakeholders of the badly-hit tourism industry have come to one platform to help revive the market by offering nominal rates and putting together a special promotional campaign to attract travellers, starting with the Indian market.

Hambantota International Port (HIP) is being positioned as a multi-purpose port, a top port executive said following the port’s recent participation in the world premier transport and logistics exhibition, Transport Logistics 2019, held in Munich,

Sri Lanka and China have agreed to resume the stalled free trade agreement (FTA) negotiations, following a recent informal discussion between Development Strategies and International Trade (MODSIT) Minister Malik Samarawickrama and Chinese Ambassador

Sampath Bank PLC’s Rs.12.1 billion rights issue, which officially closed last Friday (June 7), was undersubscribed, the bank said in a stock exchange filing.

The Asian Development Bank (ADB) will fund a feasibility study and survey to explore the possibility of Sri Lanka adopting liquefied natural gas (LNG) for power generation to help diversify the energy mix of the island nation.

(Colombo) REUTERS: Sri Lankan shares rose for the fourth straight session yesterday to hit a more than five-week closing high on local buying, offsetting continued foreign selling in equities, while the rupee ended slightly weaker on dollar demand fr

The ongoing battle between the US and the Chinese tech giant, Huawei, is escalating due to both parties’ eagerness to dominate 5G technology, the next major globa ltechnological revolution.It will define the future of the world wide web, creating a

Today most people think of gaming, virtual reality glasses and video when asked about virtual reality. The concepts of virtual reality in these areas have been around for some years, but what if we look beyond the media space. Do you realize that the

The world stands on the brink of a Fourth Industrial Revolution, where dramatic changes in technological advancements will have profound impacts on the future employment landscape and skill requirements. This means that engaging in lifelong learning

Sri Lanka’s largest 54 State-owned Enterprises (SOEs) recorded a combined loss of Rs.26 billion in 2018 compared to a profit of Rs.59 billion in 2017, mainly due to record losses at Ceylon Petroleum Corporation (CPC).

Sri Lanka’s national telecommunication provider Sri Lanka Telecom (SLT) and national mobile service provider Mobitel yesterday launched the ‘National Digital Roadmap’, marking a big step in the overall digitisation of national services and trad

Leading renewable energy developer Panasian Power PLC has announced a private placement to Emerald Fund, one of the largest private equity funds in the country, subject to Colombo Stock Exchange and shareholder approval. At Rs. 3.20 per share the Eme

Sri Lanka’s industrial production hit a three-year low in April amid New Year holidays and Easter bombings that kept workers away from factories, the data released by the Department of Census and Statistics showed.

Sri Lankans, once believed to have taken a less sugary and health-conscious path, appear to have made an about-turn as they have continued to favour the sugary variants in their selection of carbonated soft drinks prompting the market leader to withd

(Colombo) REUTERS: Sri Lankan shares ended firmer for the third straight session yesterday to hit a near one-month closing high on local buying, even as foreign investors continued to pull out funds from equities, while the rupee ended slightly stron

One of the key growth drivers of the global liquefied petroleum gas (LPG) market is the use of LPG as a cooking fuel, primarily seen growing rapidly in countries in the Asia-Pacific, Africa and South and Central American regions. This segment account