The Commissioner General of the Inland Revenue Department (IRD) today denied a report circulating on social media claiming that April 30 is the last date for individuals subject to withholding tax (WHT) on interest income, but without taxable income,

The number of Taxpayer Identification Number (TIN) registrations at the Inland Revenue Department (IRD) has reached 11 million, but most of the TINs have not been issued to the respective individuals.

Polestar (Lanka) Garments Ltd, a subsidiary of China’s Lianfa Group, has signed an agreement with the Board of Investment (BOI) to invest $5.08 million in a new export-oriented garment manufacturing facility.

The Colombo Stock Exchange (CSE) continued its positive trajectory for the fourth consecutive trading session, supported by a strong rebound in investor sentiment driven by a positive economic outlook.

The MSC Mariella, known as the world’s largest container ship, arrived at the Eastern Container Terminal (ECT) of the Colombo Port yesterday (28).

Central Finance Company PLC (CFC), a leading non-bank financial institution, has announced significant changes to its Board of Directors, including the appointment of Arjun Rishya Fernando as its new Chairman, effective May 1, 2025.

The Colombo Stock Exchange (CSE) concluded today’s session on a strong note, with the All Share Price Index (ASPI) continue the positive note by closing today by surpassing 15,800 level.

Oklahoma City-based cybersecurity and private intelligence firm Veritaco CEO Jeffrey Bowie was arrested on April 14, 2025, and faces two felony counts under Oklahoma’s Computer Crimes Act.

Jetwing Vil Uyana has been featured in Wanderlust Travel Media magazine’s inaugural Wandersleeps 2025 list, which celebrates 50 of the world’s most authentic, distinctive, and responsible places to stay.

The Colombo Stock Exchange (CSE) concluded today’s session on a strong note, with the All Share Price Index (ASPI) breaching the 15,700 level.

To address decades of decline in its public transportation system, the government is seeking suggestions and views from the public to revitalize public transport through ancillary services and public private partnerships (PPP).

Philippine Airlines (PAL) has named Richard Nuttall, the current CEO of SriLankan Airlines, as its new President, effective May 29, 2025.

The Colombo Stock Exchange concluded today’s session with a modest gain, driven by selective buying interest amid subdued market activity. Investor sentiment remained mixed, reflecting cautious optimism as market participants await clearer signals

Port City Colombo buzzed with fintech innovation as the Fintech Association of Sri Lanka (FASL), in strategic alliance with Port City, hosted the regional competition of the prestigious FinTech World Cup (FWC).

The Consumer Affairs Authority (CAA) is continuing its island-wide raids to track down vendors selling bottled drinking water at prices above the approved rates.

The Colombo Stock Exchange(CSE) saw mixed performance midweek, with the broader market under slight pressure while blue-chip counters showed marginal resilience. Investor activity remained measured, as sentiment stayed neutral ahead of upcoming earni

Fitch Ratings Lanka Limited has affirmed UB Finance PLC’s National Long-Term Rating at “BB(lka)” with negativw outlook, according to a filing submitted to the Colombo Stock Exchange (CSE).

Sri Lanka’s economic growth is projected to decelerate to 3.5 percent in 2025, according to the World Bank (WB), as the country contends with persistent structural constraints, global economic pressures, and unresolved trade policy uncertainties.

A total of 10 million people have registered with the Inland Revenue Department to obtain Taxpayer Identification Numbers (TIN), while at least 7 million people still remain unregistered, IRD Deputy Commissioner General B.K.S. Shantha said.

The Colombo Stock Exchange closed in negative territory Today, weighed down by sustained selling in index-heavy counters. Both the ASPI and S&P SL20 extended losses from the previous session, reflecting heightened caution among investors amid weak fo

Since December 29, 2022, Russia’s Red Wings Charter flights has operated 392 charter flights, carrying 153,716 tourists to Sri Lanka. These efforts have generated over $246 million in foreign exchange (forex) earnings from tourism, according to Sri

Lankem Developments PLC has announced the oversubscription of its recent rights issue, securing Rs. 752.56 million from investors against an initial target of Rs. 600 million, according to market disclosure filed with Colombo Stock Exchange (CSE) thi

The Colombo Stock Exchange (CSE) opened the new week on a measured note as indices posted mild losses amid global uncertainty and cautious investor sentiment. Despite the slight pullback, the session reflected healthy underlying participation and sec

Sri Lanka’s tourism trade generated earnings of US $ 354.0 million for March, the final month of the peak winter earnings season, bringing the total earnings for the three months to US $ 1,122.3 million.

The Colombo Stock Exchange (CSE) concluded the shortest trading week on a modestly negative note.

The All Share Price Index (ASPI) recorded a gain of 99.68 points during today’s trading session, closing at 15,625.88, up by 0.64%. The S&P SL20 Index also edged higher, rising 0.65 percent to close at 4,644.49.

Serendib Engineering Group PLC announces the voluntary delisting of its fully paid ordinary voting shares from the Official List of the Colombo Stock Exchange (CSE).

Colombo based think-tank Verite Research called on the Sri Lankan government, and the world, to forge a multilateral approach in tacking the recently announced US tariff.

ASPI and S&P SL 20 indices ended lower today, as investor sentiment turned cautious ahead of the upcoming holiday season and amid continued global macroeconomic headwinds.

Loss-making national carrier SriLankan Airlines could transform into a leaner, profitable entity within five years under a new restructuring plan, which includes route rationalization, fleet optimization, and public listings of minority stakes in its