Norges Bank Investment Management, which manages Norway’s US $ 1.5 trillion Government Pension Fund Global, saw its equity investments in Sri Lanka rebounding in 2023, driven by the appreciation of the Sri Lankan rupee and market performances durin

Sri Lanka’s tourism industry is anticipated to receive a boost from Indian pilgrims with the official launch of the Shree Ramayan Trails project.

International and local visitors can experience the fiery tradition and compassionate spirit as Sri Lanka unveils ‘Rhythms of Sri Lanka,’....

Sri Lanka will see consumers hold back gold purchases as prices of the precious metal continue to expand globally....

Sri Lanka needs a national micro, small and medium-scale enterprises (MSME) policy backed by an innovative bureaucracy...

Setting the stage for a busy earnings season in the coming weeks, Lanka IOC PLC (LIOC) last week reported higher....

Opposition Leader Sajith Premadasa yesterday called on the government to develop a targeted programme to assist....

Sri Lanka is set to unveil a five-year National Artificial Intelligence (AI) Strategy in May to drive innovation, economic....

Maldivian, the national airline of the Maldives, is looking to strengthen its Colombo route, with the introduction of two weekly...

National carrier SriLankan Airlines announced over the weekends that it is modifying its flight paths for the European...

Ambassador for France in Sri Lanka Jean-Francois Pactet visited the Hambantota International Port (HIP) recently, for a tour....

Since the year 1997, I have been involved in a countless number of committees of national trade facilitation. The company....

Dubai’s major airlines say they have resumed a full flight schedule after torrential rain hit the United Arab Emirates....

DFCC Junior - the exciting children’s savings account from DFCC Bank – recently launched e-gift vouchers as part of its benefits scheme....

Commercial Bank of Ceylon announced the integration of the Commerce Department with ComBank Digital, enabling....

Seylan Cards reaffirms its dedication to empowering customers through education by announcing its partnership with the British....

To mark the World Water Day, Amana Bank partnered with the Environment Committee of the Faculty of Arts at the University....

People’s Bank recently declared open an ATM at the Poththapitiya Service Centre. Through this ATM, the customers can withdraw ....

The founders of a key European interest rate benchmark have said its accuracy could be affected as a result of a “deep misunderstanding”....

National Development Bank PLC (NDB), a leading financial institution committed to promoting gender equality and diversity, announced....

The often watched market lending rate, which guides the rest of the rates on loans to small businesses to mortgages to consumers, touched a two-year low last week continuing its descent.

Gold prices across the globe are surging at all-time high prices amid escalating geopolitical tensions in the Middle East.

The International Monetary Fund (IMF) this week commended Sri Lanka for going forward and being successful to a great extent to implement the “ambitious” programme; however, it cautioned that the road ahead is till bumpy. IMF Director Asia and Pa

The Global Sovereign Debt Roundtable (GSDR) this week brought together debtor countries and creditors to build greater common understanding among the key stakeholders on debt sustainability and debt restructuring challenges and ways to address them.

The International Monetary Fund (IMF) projects the Asia and Pacific region to grow by 4.5 percent in 2024—an upward revision of 0.3 percentage points from the projection given in October 2023. With this, Asia would contribute about 60 percent of gl

Sri Lanka is to pay US $ 308 million in surcharges to the International Monetary Fund (IMF) over the next decade (2024-2033), in constituting to 15.8 percent of the total “charges and interests” over the period, according to the United States-bas

A total of 5.0 million kilogrammes was on offer this week at the Colombo Tea Auction, which was met with good general demand. The leafy teas were often firm and easier. The Small Leaf liquoring types – Better teas, continued to sell well, whilst t

BBC: Oil and gold prices have jumped after US officials said an Israeli missile had struck Iran. Brent crude, the international benchmark, rose to over US $ 90 a barrel after reports emerged of an attack by Israel, before falling back when Iran sough

Posts 186% growth from last financial year Janashakthi Life recorded a profit before tax of Rs.5.2 billion, along with a growth of 201 percent in profit after tax compared to 2022. This achievement is the highest in the entire history of Janashakthi

Daintee, the confectionary arm of Sunshine Consumer Lanka Limited (SCL), recently marked its 40th anniversary, highlighting four decades of excellence in crafting delicious sweets and confectionery delights for millions of Sri Lankans. The grand cel