Oman biz fraternity to partake in ‘The Sri Lanka Export Brands’ at Expo 2020

Sri Lanka has settled a US$ 500 million International Sovereign Bond (ISB) which matured today.

India has confirmed its support to Sri Lanka by way of a currency swap under the SAARC arrangement and a deferment of a previous loan.

Leading integrated logistics company, Maersk has warned its customers that 2022 will be yet another challenging year as there will be more issues in the global supply chains going forward.

The foreign exchange reserves held by the Central Bank has touched a fresh low in November after continuously falling for last three months, on account of foreign currency obligations, which came up for retirement, stoking serious concerns over the a

American multinational technology corporation, Microsoft Corp, yesterday launched the Imagine Cup competition 2022 for student developers across the world.

Economic policy think-tank, the Institute of Policy Studies (IPS) yesterday called Budget 2022 a “stop-gap” budget rather than one that would set the framework for revenue mobilization, which is imperative given the current juncture the national

A total of five farmer groups consisting of 254 farmers has been able to obtain organic certification from internationally accredited certification bodies and are able to have improved access to international markets following the implementation of t

Taprobane Seafoods, Sri Lanka’s largest and most integrated seafood company is excited to announce its partnership with the Atman Group.

Sri Lanka’s continuing to remain on the red list of the United Kingdom (UK) will result in a revenue bleed since for every single day it stays on the disruptive and damaging travel list, the island nation would lose over Rs. 260 million, the World

The Ministry of Tourism and Aviation announced a short while ago that travellers from South Africa and South America will not be able to disembark in Sri Lanka’s international airports with immediate effect.

Sri Lanka would no longer be able to target tourists from the UK as a decision has been taken to place the island nation on the red list.

State owned retail network Lanka Sathosa will be open across the island from today as directed by the government to ensure the masses have access to food and essential items during the ongoing restriction period.

Sri Lanka’s largest importer and supplier of LP gas, Litro Gas Lanka is gearing up to establish an oxygen manufacturing plant and distribution network in Kerawalapitiya

Capital market regulator, the Securities and Exchange Commission (SEC) has granted a one-month extension to listed companies to release financial statements as requested by the Colombo Stock Exchange (CSE).

The Sri Lanka Association of Inbound Tour Operators (SLAITO) announced the launch of a helpline for its members, an avenue established to allow those in the industry to reach out for assistance to steer through the recurring challenges stemming from

Sri Lanka will not face a shortage of salt, assured Minister Udaya Gammanpila while addressing the Cabinet briefing session today.

As Sri Lanka began expanding its COVID-19 vaccination programme beyond the Western Province, Emirates SkyCargo supported the process by transporting a consignment of Sputnik V vaccines from Russia to Colombo.

Sri Lanka will allow passenger travel to its international airports from 1 June, State Minister of Aviation D. V. Chanaka announced a short while ago, however, visitors from Vietnam will not be allowed to disembark due to the identification of a new

The global cold chain logistics market for pharmaceuticals is expected to grow by US$ 9.48 billion during 2020-2024, revealed a report launched by Technavio today.

Students in South Asia are most impacted due to closures stemming from the global pandemic and have lost 55 percent of a year in learning since COVID-19 struck.

SriLankan Airlines announced today its decision to increase the frequency of passenger flights on Colombo-Singapore route.

International Monetary Fund (IMF) Resident Representative to Sri Lanka Tubagus Feridhanusetyawan paid a courtesy call on the State Minister of Finance, Capital Markets and Public Enterprise Reforms Ajith Nivard Cabraal at the Finance Ministry.

Finance Minister Mahinda Rajapaksa received the nod of the Cabinet of Ministers today to appoint a committee to look into the irregularities and malpractices that were said to have taken place in the state-owned banks during the period the previous g

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ííThe Colombo Stock Exchange (CSE) in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC), SLASSCOM and Hatch recently hosted an awareness session on the Empower Board, discu

Nissanka Nanayakkara, PC assumed duties as the Chairman of People’s Bank yesterday. Nanayakkara functions as the Legal Secretary of the United National Party and is also a member of the UNP Working Committee. He is also the Chairman of Litro Gas La

Commercial Leasing and Finance PLC (CLC) made the 64th and 65th additions to its islandwide branch network recently, reinforcing its profound relationship with its customers. CLC’s 64th branch was ceremonially declared ope

An innovative life insurance product that guarantees a refund of the total premiums paid plus the sum assured at maturity while offering life cover, which is a minimum of eight times the sum assured, has been launched by Ceylinco Life. The first of