WASHINGTON (AFP) - US threats to put tariffs on European autos did not come up during talks this week with American trade officials in Washington, EU Trade Commissioner Phil Hogan said Thursday. Hogan’s remarks came hours after Germany’s defense

Asian equities mostly rose yesterday as investors, still buoyed by the China-US trade deal, turned their focus to earnings season and the global outlook, while they were also cheered by data indicating China’s ec

BEIJING (AFP) - China’s economy grew last year at its slowest pace in three decades, hit by weak domestic demand and trade tensions, but while officials warned of further headwinds, separate figures yesterday suggest the downward trend is bottoming

Masatsugu Asakawa assumes office as the 10th President of the Asian Development Bank (ADB) yesterday. “I am honoured to assume the role of ADB President and to begin working in close cooperation with our 68 members. ADB has been a trusted partner o

SYDNEY (AFP) - Australia will lose billions of dollars in tourism revenue as international visitors cancel trips in droves due to bushfires raging across the country, an industry body forecast yesterday.

BEIJING (AFP) - The European Union will challenge the China-US trade agreement at the World Trade Organization if it creates “distortions” in the market that harm EU companies, the bloc’s envoy to Beijing said yesterday. Ambassador Nicolas Chap

SAN FRANCISCO (Reuters) - Four companies sued Facebook Inc in U.S. federal court on Thursday for alleged anticompetitive conduct, saying the social network inappropriately revoked developer access to its platform in order to harm prospective competit

PARIS (Reuters) - Renault said yesterday it expected a slight decline in the car market in Europe, Russia and China this year after the French carmaker reported a 3.4 percent fall of worldwide sales in 2019 as China and Iran weighed. Sales grew by 1.

Amãna Bank and MegaPay (Pvt) Limited recently concluded an agreement to facilitate public donations to Amãna Bank OrphanCare Trust.

Reiterating its pledge in leading Sri Lanka towards an info com and knowledge rich society, Mobitel, Sri Lanka’s National Mobile Service provider, has partnered with CareerMe,

The start of a new year is often a time to reflect on the past and look to the future. It is a moment when we take stock of our challenges and opportunities

Sri Lanka Telecom (SLT) is proud to announce that the company will be powering EDEX 2020, Sri Lanka’s largest education exhibition and job

The Chartered Institute of Management Accountants (CIMA) President Amal Ratnayake (center) yesterday took part in the Bell Ringing Ceremony at the CSE to commemorate the Global CIMA Centenary

The Sri Lanka Tea Board (SLTB) forecasts a minimum 10 percent growth in tea output with 340 million kgs of tea production and over Rs 250 billion export earnings for 2020, focusing on enhancing Ceylon Tea quality with an integrated quality and produc

Three foreign consortiums from Europe, United States and China are in discussion with Micro Cars to invest US$ 500 million in the latest venture to build EU standard buses, commercial and land vehicles as well as Diesel Multiple Units (DMUs) locally.

Sri Lanka’s economic health score slipped in January due to the expected fiscal slippage from the hefty tax concessions rolled out by the new administration since December 2019, but score compilers had given two points to the ‘investor confidence

Milford Ceylon Pvt Ltd, a foreign strategic investor, yesterday bought 19 percent stake of Softlogic Life Insurance PLC for Rs.2.6 billion from Deutsche Investitions-und Entwicklungsgesellschaft mbH (DEG), a German development bank. DEG divested 71.

An Information Technology (IT) and supply chain management professional, Lasantha Wickramasinghe has been appointed the new Chairman of MILCO (Pvt) Ltd. Wickramasinghe has been serving at the Sweden-based multinational enterprise software company, IF

Sri Lanka’s merchandise export earnings have declined for the fifth consecutive month by 3.1 percent Year-on-Year (YoY) to US$ 950 million in November last year, according to provincial export data released by the Export Development Board (EDB).

Recent brinkmanship between the United States and Iran is the latest signal of Washington’s distraction from great power competition with China. The crisis in the Middle East and impeachment proceedings in Washington, have distracted the Trump admi

Sound economic policies and strong institutions have transformed Asia and the Pacific over the past five decades into a centre of global dynamism, according to a new book from the Asian Development Bank (ADB).

Omar Khan, a pioneer of neuro-linguistic programming and a leading innovator in transformational learning in the US and throughout the world, says the most essential attribute of a leader is to demonstrate behaviourally and personally what you ask of

Focused on English writing that was launched in the past year – but also incorporating discussions, views, and opinions on debates and

Continuing its dedication to promote investment opportunities in Sri Lanka to the world, Marina Square – Uptown Colombo recently hosted a group of delegates

Sri Lanka’s Regional Plantation Companies (RPCs) were in for a rude shock this week when the government announced its decision to increase the minimum daily wage of plantation labourers to Rs.1,000, with effect from March 1, this year.

The small and medium-sized enterprises (SMEs) have been given time till January 31 to apply for the government-proposed loan moratorium under its credit support programme but such requests should come in writing and some should come with credible bus

Chinese Foreign Minister Wang Yi is reported to have brought to the notice of Prime Minister Mahinda Rajapaksa the importance of attracting one million of China’s total 170 million outbound tourists to Sri Lanka, to develop the sector.

The Colombo Stock Exchange (CSE) has decided to discontinue the current industry classification used to categorise its listed companies and adopt the Global Industry Classification Standard (GICS) along with S&P/CSE co-branded sector indices, with ef

Although the broader interest rates trended downwards during most part of last year, the interest rates applicable on corporate bonds had moved in the opposite direction.

The Cabinet of Ministers has approved a proposal to shut down the National Agency for Public-Private Partnerships (NAPPP), which was formerly headed by Thilan Wijesinghe.