Sri Lanka has managed to trim its budget deficit to 8.3 percent of the Gross Domestic Product (GDP) in 2023, from 10.2 percent....

Expolanka Holdings PLC for the twelve months ended 31 March 2024 reported Revenue of Rs. 249.9 billion, Gross Profit....

The mystery of a wooden steamship that went missing 115 years ago on Lake Superior with 14 sailors on board has finally....

When it comes to airport expansion projects, the Gulf States are abuzz and the competition is fierce. A mammoth....

In March 2024, all regions experienced robust growth in international passenger markets compared to the same period...

The International Air Transport Association (IATA) released its March 2024 report on Wednesday, revealing a notable.....

Classic Travel, a leading IATA-accredited travel agent based in Sri Lanka and a member of the renowned Expolanka Group....

Passenger vessel ‘Sivagangai’ is all set to resume ferry services between Kankesanthurai in Sri Lanka and Nagapattinam....

World trade can be complicated if not understood properly. Trade is rules-based transactions. Incoterms...

The Annual General Meeting (AGM) of the shareholders of DFCC Bank PLC was held recently at the bank’s head office....

As the global trend towards contactless payments continues to surge, Sampath Bank unveiled its latest innovation: Sampath...

Bank of Ceylon (BOC) recently concluded the latest season of its esteemed ‘Pita Pita Rata Thegi’ programme with the handover....

People’s Bank marked another significant milestone in its digital transformation journey with the full launch of People’s Wiz....

Fitch Ratings last week affirmed UB Finance PLC’s (UBF) National Long-Term Rating at ‘BB(lka)’. The Outlook....

ComBank Digital, Sri Lanka’s most-used digital banking platform, has significantly enhanced mass access by going trilingual....

Fitch Ratings has assigned Asia Asset Finance PLC’s (A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured....

Tourism Industry veterans cautioned that heightened confusion over the new visa system, along with the abrupt increase in visa fees, could derail 2.3 million tourist arrival target set for the year. This could potentially reduce arrivals below 2 mill

The Sri Lankan rupee has now become one of the fastest-growing currencies in the world, Finance State Minister Ranjith Siyambalapitiya said.

The highly debated Minimum Room Rate (MRR), which has the tourism industry divided, would be removed the end of this month, Tourism Minister Harin Fernando confirmed.

As the Cabinet is currently considering extending free visa travel to tourists from 67 countries, Tourism Minister Harin Fernando opined that Sri Lanka should consider doing away with visa altogether for tourists.

Green Path in Colombo will come alive today and tomorrow (4th and 5th), with the inaugural CMB Food Festival, presented by Coca-Cola. This new quarterly event, organized by HT Events, is designed to promote local entrepreneurship and enhance the tou

Emirates is offering First and Business Class customers a new collection of exclusive Bulgari amenity kits for the summer season. With a gradual introdu

SLT-Mobitel has introduced a first of its kind Snapchat Chill Social Combo Mobile Plan, specifically designed to empower the social media lovers to stay connected and share their moments by providing essential data and communication s

The overall offerings at the Colombo Tea Auction increased to 5.2 million kilogrammes, from the previous week’s 4.6 million kilogrammes. The Low Grown/L

The ASPI closed in green as a result of price gains in counters such as Bukit Darah, Central Finance Company and National Development Bank with the turnover crossing Rs 2.4 Bn. Meanwhile, the S&P SL20 edged down. High net worth a

The secondary market continued to see active buying interest across the yield curve during yesterday’s session. Investor participation was largely centered on the shorter and the mid tenures of the yield curve. Thus, several trades were ent

BBC: Apple sales have fallen in almost every market across the globe, according to the latest results from the tech giant. The company said that demand for its smartphones dropped by more than 10 percent in the first three months of this year, while

As a result of the appreciation of the rupee and a reduction in the world market prices, the major domestic gas suppliers in the country have decided to decrease their retail prices, effective last night. This price reduc

CNN: The Italian company that helped rebuild a bridge that collapsed in Genoa in 2018 says it is ready to do the same in Baltimore. WeBuild Group said in a press release yesterday that it had sent a preliminary design and plans to the US officials fo

Medihelp Hospitals in collaboration with Mount Elizabeth Singapore and IHH Patient Assistant Centre Sri Lanka Office, hosted a comprehensive lifestyle seminar aimed at educating the public on the prevention and prediction of prostate cancer.