With the completion of three key steps in its debt restructuring— the finalisation of Domestic Debt Optimisation....

State Minister Finance Shehan Semasinghe affirmed that discussions with China Development Bank (CDB) are progressing positively and that there should be no doubts over finalising terms.

Tourism achieved a significant milestone with earnings surpassing the US$ 1.5 billion mark in the first six months of the year, reflecting improved performance.

If the island nation improves transparency as suggested by commercial creditors and successfully reduces corruption....

Amidst the rise of plastic-based products in supermarkets, a craftsman in Gampaha, continues to handcraft....

Remittances from Sri Lankans working abroad continued to come above US$ 500 million a month reflecting the fire power it has in keeping the country’s current account of the balance of payment in check.

The International Air Transport Association (IATA) has released data for global passenger demand in May 2024, highlighting...

As Sri Lanka secures US$ 8 billion in debt relief, President Ranil Wickremesinghe announced that the island nation is now free to pursue a new economic direction.

2023 witnessed local threats targeting organisations in Sri Lanka. This is according to the latest data from global cybersecurity....

GOGO.sale, Sri Lanka’s premier online marketplace, has unveiled its latest campaign aimed at revolutionising the vehicle...

Baby Cheramy is the first baby soap to receive the SLS certification from the Sri Lanka Standards....

The Shippers’ Academy Colombo (SAC) will be conducting a small group masterclass on the port sector...

Seylan Tikiri, one of the leading minor savings brands in the country, recently entered a partnership with the Abacus-based learning...

SLT-Mobitel Enterprise, dedicated in delivering best-in-class technology for the enterprise segment...

With the final objective of becoming carbon neutral, the Hambantota International Port (HIP) has set aside a week....

In a landmark event that fused tradition with innovation, Macktiles, Sri Lanka’s largest tile manufacturer, unveiled its groundbreaking...

The National Chamber of Exporters of Sri Lanka (NCE) represented Sri Lanka at the Korea Import Fair ....

The KPMG Sri Lanka Academy has announced a virtual assembly on tax appeals and administration reviews, scheduled....

The Public Relations Association Sri Lanka (PRASL) presents Pursuit of Reputation, a masterclass by the esteemed authors....

Five leading Sri Lankan maritime service providers recently showcased the nation’s maritime capabilities at Posidonia 2024, the world’s largest shipping exhibition....

Even though there are distinct differences between demurrage, detention and port charges, many are still oblivious....

Top executives of China Tianying Inc. met with Sri Lankan Ambassador to China Majintha Jayesinghe and Board of Investment of Sri Lanka...

The International Monetary Fund (IMF) said it is awaiting further information regarding Sri Lanka’s recent negotiations on the International Sovereign Bonds (ISBs), to ensure compliance with the debt sustainability objectives under its programme fo

Sri Lanka has received a US $ 5 million aid package from the Global Environment Facility (GEF VII) to better manage the issues with chemical imports and disposal. The aid was granted to the Environment Ministry and United Nations Development Program

Capital Alliance (CAL), in its analysis on the deal struck by the government with Sri Lanka’s external private creditors, said that the combination of principal haircut, interest rate reduction and maturity extension, results in an approximate 50 p

The Central Bank yesterday extended the suspension on controversial primary dealer Perpetual Treasuries Limited by another six months.

National Development Bank PLC (NDB) became the first Sri Lankan bank to be certified to the latest ISO 27001:2022, for its Information Security Management System. The ISO 27001:2022 certification is an internationally recognised standard for managin

Sri Lanka’s most focused construction, interior products, lighting, power and energy exhibition, Construction Power and Energy Expo 2024, kicked off in Colombo yesterday. The event, which provides a comprehensive platform for industry stakeholders,

Commercial Bank of Ceylon has been reaffirmed as the Best Bank among Sri Lanka’s domestic banks by FinanceAsia, one of the world’s foremost information sources on the Asian financial markets. Notably, this is the 13th year that Commercial Bank ha

The total offerings were barely maintained and totalled 5.0 million kilogrammes at the Colombo Tea Auction this week. Notwithstanding the price fluctuations, based on the qualitative factors and availability, the Large Leaf/Low Growns met with fair d