Lanka among top software exporters ...

For the first time, Sri Lanka has been featured in United Nations Conference on Trade And ...


Foreign labels found in latest Bangladesh factory fire ...

The unlicensed garment factory in the Bangladesh capital where seven women workers died in...


Jaye Terminal receives largest-ever container vessel to ...

Making yet another significant landmark in the container handling saga of Sri Lanka, the s...


Fonterra inaugurates country’s first solar-powered mi ...

The New Zealand multinational dairy firm, Fonterra yesterday officially opened Sri Lanka&r...


Cairn advances phase II drilling in Mannar basin by 3 m ...

Cairn India, releasing the December quarter (3Q) results yesterday said its subsidiary, Ca...


Supermarkets pass VAT burden to suppliers ...

In a dramatic turn of events, the non - VAT (Value Added Tax) paying smallscale suppliers ...


Increased loans for agriculture leave banks vulnerable: ...

Amidst government efforts to boost the agriculture sector through various incentives, the ...


Central Bank urges banks to consolidate ...

The Central Bank (CB) yesterday renewed its calls for consolidation in the banking sector ...


VAT increase not passed to customers - Supermarkets ...

Despite the popular belief that the value added tax (VAT) imposed on supermarkets and whol...


Maldives falls 40,000 short of million tourist target f ...

The Maldives has narrowly failed to reach its target of one million tourist arrivals for 2...


World’s leading EMS company Falck begins operations h ...

World’s largest Emergency Medical Services (EMS) company which operates in 35 countr...


Turkish Airlines to fly to Colombo on Feb 1 ...

Turkish Airlines will start flying to Colombo onFebruary 1 as the airlines plans to extend...


Institutional credibility at stake: SCB Report ...

The present impeachment process against Chief Justice Shirani Bandaranayake by the governm...


LOLC’s micro-finance arm secures US $ 55.5mn loan ...

LOLC Micro Credit, a unit of LOLC group has secured a syndicated loan worth of US $ 55.5 m...


Mobitel marks 20, geared to develop ICT landscape ...

Sri Lanka Telecom Mobitel celebrates twenty illustrious years. Commencing operations in 19...


Motor vehicle registrations down 30 percent in 2012 ...

The number of vehicles registered during 2012 has recorded a 30 per cent decline to 397,29...


ICC invests Rs.3.6bn in Malabe mixed development projec ...

The Board of Investment (BoI) of Sri Lanka signed an agreement with International Construc...


December YoY inflation eases to 9.2% ...

Sri Lanka's Year-on-Year inflation in December eased to 9.2 percent from 9.5 percent i...


Dialog launches SL’S 1st commercial 4G-LTE service ...

Sri Lanka’s telecommunications sector entered the 4G era recently with the launch of...


Rajaratnam agrees to pay $1.5 mn disgorgement in SEC ca ...

U. S . hedge fund manager Raj Rajaratnam has agreed to pay disgorgement of about $1.5 mill...


Nestlé spends Rs.4bn on fresh milk, coconut procuremen ...

Nestlé Lanka PLC said it has paid Rs.4 billion, approximately US $ 31 million to th...


Every Lankan shoulders Rs.300, 000 debt: CBSL data ...

The average national debt shouldered by each Sri Lankan has risen by 25% to reach Rs. 308,...


Lanka needs to make the right connections: Prof. Sally ...

With old friends alienated and close friends like India at bay, and China, Libya and Russi...


Mobitel launches first ever NFC-enabled loyalty program ...

For the first time in Sri Lanka, the National Mobile Service Provider, Sri Lanka Telecom M...


Amana Bank gets Global Commerce Excellence Award ...

Amana Bank was recognized as one of those institutions that had brought in foreign investm...


Minimum broadband speeds in 2013 ...

Minimum broadband speeds are expected to be imposed and strictly monitored for both fixed ...


Sri Lanka's Micro exports locally assembled tractors to ...

Micro Cars Ltd commenced its first set of exports of six locally assembled tractors to Mal...


Ex Chamber chief seeks SLBA explanation for secrecy bre ...

The efficacy of Sri Lanka’s banking secrecy laws has been called into question by fo...


Apple works with Asian suppliers to test new TV ...

US technology giant Apple has been working with component suppliers in Asia to test new TV...


HSBC to pay record $1.9bn fine in money laundering case ...

HSBC Holdings PLC has agreed to pay $1.92 billion to settle a multi-year U.S. criminal pro...


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