The Central Depository Systems (CDS), a fully-owned subsidiary of the Colombo Stock Exchange (CSE), recently signed an agreement with LankaPay, Sri Lanka’s national payment network, joining its Online Payment Platform, to develop an innovative paym

Sri Lanka’s ornamental fish industry received a much-needed boost from the Export Development Board (EDB) Ornamental Advisory Committee meeting, which was held recently at the EDB. Chaired by Orn

The United States has stressed the equal and equitable treatment of all creditors in Sri Lanka’s debt restructuring efforts while congratulating the island nation on securing a staff-level agreement with the International Monetary Fund (IMF).

Sri Lanka plans to amalgamate the country’s plantation industry and agriculture sector as part of its effort to modernise the country’s agricultural landscape.

The Cabinet of Ministers this week approved a resolution to accept a JPY 200 million grant from the Government of Japan to promote the growth of the Sri Lankan fisheries industry.

The Jaffna International Trade Fair 2024, a transformative annual event that has played a pivotal role in fostering economic growth and community development in Sri Lanka’s Northern Province, is back with its 14th edition. Organized by Lanka Exhibi

The BOI, keeping with its strategic planning goals of attracting more digital and technology-driven FDI with Salus Safety Robotics Pvt Ltd a subsidiary of Salus Safety Inc., a South Korean company with over three decades of industry experience, is in

Boat & Marine Show 2023 organized by Chamber of Marine Industries of Sri Lanka (CMISL) and Sri Lanka Export Development Board (EDB) in association with Ministry of Industries, Tourism Promotion Bureau and other relevant stakeholders will be held fro

President Ranil Wickremesinghe held discussions with Sinopec Group Chairman Ma Yongsheng and top executives of Sinopec Group in Beijing last week to discuss their ongoing projects in Sri Lanka. Sagala Rathnayake Senior Advisor to President, Governor

Colombo Dockyard PLC (CDPLC) this week ceremoniously handed over the third vessel of the 5000DWT Eco Bulk Carriers series, named Misje Viola, to Norwegian company Misje Eco Bulk AS. The event was attended by Misje Eco Bulk AS Chairman Roald Misje, co

AFP: Dutch brewing giant Heineken said yesterday that it sold less beer in the third quarter, noting that higher prices and the poor economic outlook was affecting consumer demand. The company, whose stable of brands includes Amstel, Sol and Tiger, s

The interim injunction issued by the Colombo Commercial High Court, restraining the four defendants, including Chint Power Solutions (Pvt.) Ltd, from using the ‘Chint Power’ trade name in any manner and using Chint Power name or any other name th

The Colombo Stock Exchange was yesterday informed that the Nepalese billionaire Binod Chaudhary’s CG Corp Group has completed the deal to acquire the majority stake of Union Bank of Colombo PLC. The deal was first announced in December 2022 and rec

Dialog Axiata PLC recently achieved a significant milestone by becoming the first telecommunications service provider in the country and among the select few in South Asia to be awarded the ISO 27701 certification, the internationally recognised stan

In the first 22 days of October, Sri Lanka welcomed 77,763 tourists, bringing the year-to-date total to 1,094,019, according to provisional data from the Sri Lanka Tourism Development Authority (SLTDA).

The Ministry of Tourism, in its recent efforts to boost international tourism to Sri Lanka, received a series of approvals from the Cabinet of Ministers this week.

Having weathered a challenging period marked by a deep economic crisis, Sri Lanka is now demonstrating positive signs ....

The Cabinet of Ministers has granted approval for a proposal presented by Minister of Power and Energy Kanchana Wijesekera....

The Inland Revenue Department (IRD) this week announced a programme to refund advance income tax that has been deducted ...

The Cabinet of Ministers this week approved an amendment to the Shop and Office Employees (Regulation of Employment....

Norway’s sovereign wealth fund saw a negative return of 2.2 percent in the third quarter, the country’s central bank said yesterday....

Enterprise Analytics (EA), a leading Sri Lankan IFS and Acumatica partner with offices across the globe, has been chosen by Access....

SLT-Mobitel, Sri Lanka’s national ICT solutions provider, is taking a historic leap into the global entertainment landscape by introducing HitFlix....

Dialog Enterprise, the corporate ICT solution arm of Dialog Axiata PLC, bagged the Emerging Partner award from CrowdStrike, a leading....

Oppo Sri Lanka in partnership with Abans unveils the latest addition to the A series family of smartphones, the Oppo A78 ...

Indices closed in red as a result of price losses in counters such as Sampath Bank, Commercial Bank and National Development Bank....

The government said yesterday the Asian Development Bank (ADB) has agreed to provide US$ 100 million in funding to launch a project to support Sri Lanka’s small and medium-sized enterprises (SMEs).

The import duty of Rs. 5,000 charged for one kilo of imported beedi leaves has been reduced to Rs. 250, Finance State Minister Ranjith Siyambalapitiya said.

Sri Lanka’s national inflation rose 0.8 percent in September on a year-on-year basis (YoY), decelerating from 2.1 percent in August, as food prices declined and non-food prices rose at a slower pace.

Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has expanded its collaboration with academia by entering into a partnership with the University of Sri Jayawardenepura (USJ), the country’s second oldest university. A five-ye