President Anura Kumara Dissanayaka said yesterday that though there will be a price increase upon resuming vehicle imports in February, after a five-year pause, the prices will gradually decrease depending on market behaviour.

Netflix will raise prices across a number of countries after adding nearly 19 million subscribers in the final months of 2024.

The Central Bank of Sri Lanka (CBSL) said today that it has completed investigations into various companies suspected of engaging in activities prohibited under Section 83(C) of the Banking Act, No. 30 of 1988 (as amended).

US President-elect Donald Trump has launched his own cryptocurrency, which quickly soared in market capitalisation to several billion dollars.

The Securities and Exchange Commission of Sri Lanka (SEC) has extended the deadline for individuals and entities engaged in corporate finance advisory activities to obtain a licence until March 31, 2025.

ICFS Education Centre will host its University Spot Admission Day on 18th January 2025 at the ICFS Education Centre in Nugegoda.

The taxes on vehicles may increase by up to 600 in some cases and some vehicles being subject to taxes as high as 400% or 500%, the Vehicle Importers Association of Sri Lanka (VIASL) said.

The Finance Ministry announced a 6% increase in Excise Duty on liquor, effective from tomorrow, as per a Gazette notification.

The Ceylon Tobacco Company (CTC) has announced that, following the increase in Excise Duty, cigarette prices will be raised under four categories starting from January 11, 2025.

Port City Colombo celebrated a milestone today with the groundbreaking of the Marina Development, a joint venture between Browns Investments PLC, the strategic investment arm of LOLC Group and China Harbour Engineering Company.

The public consultation session on the Western Province electricity tariff revision will be held at 9 a.m. today at the Bandaranaike Memorial International Conference Hall (BMICH), the Public Utilities Commission of Sri Lanka (PUCSL) announced.

The Sri Lanka Transport Board (SLTB) luxury bus service is now available between Bandaranaike International Airport (BIA) and the Makumbura Multimodal Center (MMC) in Kottawa, providing greater convenience for travellers, the Civil Aviation Authority

The National Audit Office has revealed that the total expenditure of USD 247.7 million (equivalent to Rs. 36,564 million), including price increases and variances, for the construction of the Mattala Rajapaksa International Airport (MRIA) has not bee

Emirates, one of the two flag carriers of the United Arab Emirates (UAE), announced it is all set to officially become the world’s first ‘Autism Certified Airline’.

The Japan International Japan International Cooperation Agency (JICA) assured its commitment to continue providing financial and technical assistance to Sri Lanka.

Sri Lanka is exploring avenues to channel foreign earnings into local investments to boost its economy, with plans underway to empower the returning migrant workers to reinvest their hard-earned savings in the country.

Sri Lanka’s private sector enters year 2025 with optimism as the island nation has somewhat managed to emerge from years of economic turbulence, supported by signs of recovery and a more stable environment.

As 2024 came to a close, Sri Lanka made significant progress in addressing, to a great extent, some of the critical issues that plunged the nation into crisis.

Emirates, the world’s largest international airline, is set to operate an additional scheduled service between Colombo and Dubai, starting from 2 January 2025.

The Ceylon Chamber of Commerce (CCC) said it is in no way connected to or involved with the statements recently attributed to ’The Sri Lanka Chamber of Commerce’ regarding directives issued by the Deputy Minister of Finance and the Central Bank o

Sri Lanka has welcomed its 2 millionth tourist who arrived from Bangkok this year, at the Bandaranaike International Airport (BIA), after a five-year gap.

Market participants in the secondary market exhibited mixed sentiment, pivoting from the dull sentiment yesterday observing thin trading volumes and limited market activity.

Christmas gifts are continuing to come Sri Lanka’s way, with Moody’s Ratings (Moody’s) upgrading the island nation’s long-term foreign currency issuer rating to Caa1 from Ca.

Indices closed in green as a result of price gains in counters such as LOLC Holdings, Hatton National Bank and Hatton National Bank nonvoting with the turnover crossing Rs. 8.4 billion.

Sri Lanka’s export performance for the month of November witnessed a Year-on-Year (YoY) contraction of 5.6 percent with revenue reaching US$ 943.1 million. The decrease is primarily attributed to reduced earnings from exports of Rubber-based produc

Browns Investments announced today the completion of the acquisition of 100 percent of the shares in Lipton Teas and Infusions Tanzania Limited.

Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ’CCC+’, from ’RD’ (Restricted Default).

The SriLankan Airlines Mumbai team, in collaboration with the airline’s Maldives team and Canareef Resort, recently hosted a successful agents’ educational tour to the stunning Gan Island in the Maldives.

First Capital was recognised as the Brand of the Year at the SLIM Brand Excellence Awards 2024.

The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.