With the election of Donald Trump as President of the United States, the West suddenly woke up with an acute anxiety about the fate of the US-led liberal international order. Until then, the liberal establishment in the United States had assumed that

Colombo is in need of better managed parking as the city continues to grapple with congestion on the streets.

The owners of a company from Old Blighty are an annoyed lot. The approvals for their projects have been hard to come by despite the greasing they have done.  

There are essentially two types of ministering types in this country according to a distinguished policy maker. He gives the best type answers over his phone and knows clearly his office is temporary in nature and therefore he needs to be with his pe

A survey done by a paradise non-profit type we hear is very revealing. The majority of the millennial types want a non-political type to come up and emulate Macron of French fame.  

The paradise stock market has a taken heavy beating that is unimaginable in an administration led by the green types.    

A big corporation under a VVIP is going nowhere. The latest we hear is that the board had been asked to resign with immediate effect, 

Upon the requests of depositors, the Central Bank yesterday said it instructed Swarnamahal Financial Services PLC (SFS) to urgently pay 10 percent of deposit liabilities commencing July 10 (yesterday). Both SFS and its parent, ETI Finance Ltd., have

The government has selected Singapore-based Lazard Asia Limited and Sri Lanka’s MTI Consulting to advise on the sale of the government ownership in Hilton and Grand Hyatt Hotels.

Sri Lanka may get its largest convention centre through Chinese investments, which would potentially become one of the main platforms to host Belt and Road Initiative (BRI) related events.

(Colombo) REUTERS: Sri Lankan shares closed steady yesterday, while the turnover slumped to a near three-month low as many investors remained on the sidelines due to a lack of bullish news amid concerns over political uncertainty, stockbrokers said.

(Colombo) REUTERS: The Sri Lankan rupee closed steady yesterday after six straight sessions of decline, as importer dollar demand offset mild exporter dollar sales, traders said.

The decline of ethics and morals in Sri Lanka’s business community has led businesses to heavily depend on excessive lobbying to politicians to gain “favour and unfair advantage” over the competitors, a leading shipping and logistic

Sri Lanka’s apparel exports rebounded in May with a 9.3 percent year-on-year (YoY) growth to achieve US $ 415 million in export earnings, which is also the highest growth rate recorded so far for this year, as Europe entered the summer season,

The much-delayed annual reports of the Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF), which have been finalised now, would be released shortly Central Bank Governor Dr. Indrajit Coomaraswamy said. 

AFP: A global stocks rally took root yesterday after strong US jobs data and despite Brexit uncertainty that boosted the pound.

‘Step it up for gender equality’ was one among the many commitments renewed at the third South Asian Speakers Summit on Sustainable Development Goals (SDG) implementation, convened by the International Parliamentary Union and Sri Lanka&rs

(Colombo) REUTERS: The Sri Lankan rupee fell for a sixth straight session yesterday on importer dollar demand and further weakness was expected in the currency, traders said.

Sri Lanka’s Cabinet of Ministers has approved the National Export Strategy (NES)—a five-year strategy aimed at increasing exports and generating enhanced revenue for Sri Lanka’s small and medium enterprises and exporters, a communiq

ECONOMYNEXT: Sri Lanka’s government has been urged to simplify the process for registering exporters to make it more effective, as the present system is seen as too cumbersome and time-consuming and open to abuse.

The Central Bank said the troubled ETI Finance Limited (ETIFL) has paid back 10 percent of the deposit liabilities to its existing deposit holders in the first round of payments concluded two weeks ago, and

Sampath Bank PLC last Friday announced its plans to raise US$ 100 million quoted in the Singapore Exchange (SGX), as the bank is gearing up for faster growth while adhering to new and higher capital thresholds coming into effect from early next year.

State-owned savings giant, the National Savings Bank (NSB) may have reversed its earlier decision to dispose the shares of 37 listed companies that are part of the bank’s equity portfolio, within a period of four months, according to the Centra

Parliamentarian and Joint Opposition stalwart Vasudeva Nanayakkara last week questioned as to why the present good governance regime, which came into power promising swift probes into past financial crimes, is backtracking on some of the large-scale

Sri Lanka has received US$ 50 million loan from OPEC Fund for International Development (OFID) to improve the country’s technological education. A Finance & Mass Media Ministry statement said Sri Lanka signed a loan agreement for obtainin

The Central Bank has urged the government to put more weight on factor market reforms, improving investment climate and capitalising the country’s geographical location through trade policy in order to boost future economic growth, as the relat

WASHINGTON/BEIJING (AFP) :  The US and China yesterday launched tit-for-tat tariffs on each other’s imports, the opening shots in what Beijing called “the largest trade war in economic history” between the world’s top two

The Sri Lankan consumers’ annual expenditure on cigarettes and tobacco is so high it surpasses the country’s annual bill on milk powder imports. This tobacco expenditure also exceeds another

The Central Bank left its key policy rates unchanged as expected yesterday, saying a low rates environment and stabilising inflation will support an economy in the face of a fragile rupee currency.

LONDON (AFP) : Britain’s government has “no clue or at least no consensus” over reaching a Brexit deal, Airbus chief executive Tom Enders said yesterday. During a company presentation delivered in London, Enders repeated the Europea