Kadugannawa, considered the gateway town to the central highlands and Sri Lanka’s sacred city - Kandy, is set to become the newest addition to South Asia’s nature immersion and spiritual rejuvenation tourism by end-2019.

Jetwing Symphony PLC, for the first time since it became a publicly listed company on the Colombo Stock Exchange in December 2017, turned a profit for the quarter ended March 31, 2019 (4Q19), the interim financial accounts released to the Colombo bou

Tourism, Wildlife and Christian Affairs Minister John Amaratunga met with the Ambassador of the Federal Republic of Germany to Sri Lanka and the Republic of Maldives Jörn Rohde last week to discuss the improvements in the security situation post-Ea

REUTERS: AIA Group Ltd, the world’s second-largest life insurer by market value, posted an 18 percent increase in new business value in the first quarter on Friday, supported by growth in China.

By Shabiya Ali Ahlam Sri Lanka’s real estate and construction sector that was finally beginning to get on-track towards a fast-paced growth starting this year, has been hit hard by the Easter Sunday terror attacks, the economic impact of which the

The essential food and commodities’ importers have written to the government requesting immediate assistance, as the current security situation in the country in the aftermath of the Easter Su

November 2015. France was in the middle of the worst conflict situation since WW II. Coordinated bomb and assassination attacks were carried out by the IS terrorists. The first of them took place in Saint-Denis, near the Stade de France in a friendl

With a view of promoting Sri Lanka as a safe destination, the Universal Federation of Travel Agents Associations (UFTAA) announced that the global body would hold its Mid-Year Forum in Sri Lanka within next two months, with participation of 100 touri

Ceylinco Insurance PLC announced an incomparable dividend of Rs.35per share to its shareholders for the year 2018, which constitutes a 350 percent dividend of the original share price at the AGM of the company held recently. This is an increase of 1

Signifying a landmark achievement in environmental sustainability, the Sampath Bank Head Office recently attained the status of Carbon Neutrality. Sampath Bank PLC was awarded the ‘Carbon Neutral Certification’ by Climate Smart Initiatives (Pvt.

It has been 10 years since the war ended and during this period there has been massive economic development in the country which has improved the economic indicators of which some are illustrated. Shares are now trading at valuat

Sri Lanka’s revised 30-year National Physical Plan (2019-2050) has finally secured the approval by the National Physical Planning Council (NPPC) chaired by President Maithripala Sirisena, and is scheduled to be gazetted within this month.

As several counties have suspended issuing travel insurances due to harsh travel advisories issued by their governments, the Sri Lankan government is now considering a proposal to issue travel insurance for tourists visiting the country. Sri Lanka To

The Cabinet of Ministers is likely to award a billion rupee PR and advertising campaign to selected global agencies this week, in order to revive the country’s tourism sector image in the aftermath of Easter Sunday attacks.

REUTERS: Sri Lankan police on Friday said they had arrested an employee of information technology services company Virtusa Corp in Colombo in connection with Easter Sunday bombings that killed more than 250 people.

The Easter Sunday bombings are posing newer challenges to Sri Lanka’s construction industry which is now expecting a negative growth this year, as blanket control approaches adopted by authorities following

HONG KONG (AFP) - Shanghai led gains across most Asian and European markets yesterday at the end of a torrid week for equities, with investors keeping a nervous eye on China-US trade talks after Washington more than doubled tariffs on US$200 billion

Sri Lanka’s economic growth is expected to slump to a near two-decade low this year, a Reuters poll showed, as tourism, foreign investment and overall business activity eased sharply in the wake of the devastating Easter

Representative of airlines, hotels and tour operators met with Tourism Minister John Amaratunga yesterday to discuss and develop a cohesive recovery plan for the travel and tourism industry.

NEW YORK (AFP) - One of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company’s head, Mark Zuckerberg, had become far too powerful. “It’s time to break up Facebook,” sai

(Washington) REUTERS: U.S. President Donald Trump’s tariff increase to 25 percent on US$200 billion worth of Chinese goods took effect yesterday, ratcheting up tensions between the United States and China as they pursue last-ditch talks to try to s

LONDON (AFP) - Britain’s economy grew by 0.5 percent in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed yesterday. Gross domestic product expansion outpaced the 0.2 percent seen in the final three month

BANGKOK (AFP) - The closure of the glittering Thai bay made famous by the movie “The Beach” has been extended for another two years to allow a full recovery of its corals and wildlife, an official said this week, drawing a sharp rebuke from the t

WASHINGTON (AFP) - The US Justice Department announced Thursday the indictment of members of “an extremely sophisticated” Chinese hacking group that allegedly stole the personal information of more than 78 million

Hoteliers, travel management companies (TMCs) and airlines plan to finalise special promotional tour packages by next Wednesday, which are to be offered to tourists in the aftermath of the Easter Sunday bombings, which led to a 60 percent decline in

A leading good governance advocate and minority shareholder activist in the country recently called on the Central Bank and the Securities and Exchange Commission (SEC) to intervene to protect the interests of public and minority shareholders, as cer

REUTERS: Sri Lanka has suspended flight training near its biggest air force base due to security concerns after suspected Islamist militants killed more than 250 people last month, according to a government directive seen by Reuters yesterday.

Nestle Lanka PLC, the local unit of the world’s largest food company, reported lower earnings for the quarter ended March 31, 2019 (1Q19) amid a sluggish economy and significant shift in consumer behaviour.

(Colombo) REUTERS: Sri Lankan shares extended falls into a sixth session yesterday and closed at their lowest levels in six-and-a-half years, due to shattered investor confidence after the Easter Sunday bombings.

AquaVault and FlexSafe are now available in Sri Lanka, exclusively from Nimo and Company (Pvt.) Ltd, necessitating all travel protection needs.