SriLankan Airlines has relaunched direct flights from Colombo to Jeddah, with a thrice weekly service every Tuesday, Wednesday and Sunday. SriLankan Airlines is currently the only carrier to offer a non-stop flight schedule between the two cities, o

BBC: China’s central bank has cut one of its key interest rates for the second time in three months as the world’s second-largest economy struggles to bounce back from the pandemic. The People’s Bank of China (PBOC) lowered its one-year loan pr

Sri Lanka’s rubber production remains under pressure due to the persistent wet weather conditions and emergence of the new leaf fall disease Pesta, both of which are contributing to reduced output. As a result, stronger demand was seen in the month

BBC: A cargo ship fitted with giant, British-designed special wind-powered sails has set out on its maiden voyage. Shipping firm Cargill, which has chartered the vessel, hopes the technology will help the industry chart a course towards a greener fut

Agriculture Minister Mahinda Amaraweera has instructed the Agriculture Department to provide an immediate report regarding big onion cultivation in Sri Lanka. Amaraweera noted that big onion cultivation in Sri Lanka was successfully done many years

REUTERS: An expansion of the BRICS bloc under consideration at a summit this week has attracted a motley crew of potential candidates - from Iran to Argentina - with one thing in common: a desire to level a global playing field many consider rigged a

Sri Lanka has repaid US $ 50 million as the first instalment of the US $ 200 million it borrowed from Bangladesh in 2021, under a currency swap deal. “Out of the US $ 200 million loan given to Sri Lanka, we have received an instalment of US $ 50 mi

The sixth monetary policy for this year will be announced on Thursday, August 24, the Central Bank said.

Sri Lanka Gem and Jewellery Association (SLGJA), the apex body for the gem and jewellery industry said, with the right policies....

Leading export manufacturer of hand protection solutions and member of the Hayleys Group, Dipped Products PLC (DPL), recently announced...

Minister of Power and Energy, Kanchana Wijesekera, over the weekend engaged in discussions with the Managing Director of India’s Surana....

India will impose with immediate effect a 40 percent export duty on onions up to December 31 in an attempt to improve domestic availability ....

The Lamborghini Lanzador is only a concept car for now, but the Italian supercar maker says it offers a preview of the brand’s very....

Chicken prices are expected to come down in about two weeks as the government last week slashed the import tax on maize by 60 percent, which will help reduce the cost of poultry feed significantly, The All-Island Poultry Farmers’ Association said.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) last week announced that entries are now accepted for its prestigious....

The Educate Sri Lanka Colombo Expo 2023, organized by Evolution Events and Corporate Services (EECS), is a significant higher education...

The two-day residential Spark boot camp organized by the International Labour Organization, in collaboration with the Ceylon Chamber...

CIPM Sri Lanka won 3 awards at the Business Excellence Awards Ceremony for the year 2022 organized by the National Chamber....

The Indian Chamber of Commerce (ICC) recently honoured the Commercial Bank of Ceylon with six awards, two in respect of Sri Lanka....

Consolidating the profile of its senior management team, Vallibel Finance PLC recently welcomed Rohan Tennakoon on its team....

Union Assurance honoured top achievers at the Bancassurance Annual Awards 2022. The prestigious event, held at Monarch Imperial...

HNB Finance PLC announced the launch of its 79th branch in Maharagama, as part of its continued efforts to improve accessibility ....

In commemoration of International Youth Day which fellon 12th August, People’s Bank launched YES Digital Green Savings Account, a novel...

In a communique to the Colombo Stock Exchange, Amana Bank has announced the key dates of its forthcoming rights issue. The bank....

Pan Asia Bank creates a slice of history by becoming the first bank to be certified by LankaPay to make payments to the Department of Commerce...

In a bid to increase the allure of Sri Lanka’s wildlife as a tourism offering, President Ranil Wickremesinghe called on the relevant authorities to conceptualise the greater Yala concept.

Working towards a shared objective of sustainable socioeconomic development in Sri Lanka, the Japan International Cooperation Agency (JICA) has partnered with Sri Lanka’s largest leading private sector commercial bank HNB PLC.

CNN: China’s Evergrande Group — once the country’s second-largest property developer — filed for bankruptcy in New York on Thursday.

E x t e r m i n a t o r s P L C , Sri Lanka’s premier pest management and environmental technology company, has demonstrated resilience during the current crisis. Despite the challenging market conditions, the company has managed to maintain a posi

Colombo International Shoe Fair 2023 kicked off yesterday at the SLECC, bringing vendors across the island on to one platform.