The global digital economy is poised for significant growth and transformation in the coming years. With technology advancements and increasing connectivity, the digital economy has become a vital driver of global economic activity

A leader in Sri Lanka’s agritech field, Agrithmics (Pvt.) Ltd has rebranded its global corporate identity as Cultive8 Technologies, to facilitate its long-term expansion strategy that will see it go beyond Sri Lanka, into South Asia and South East

A new high-performance premium commercial vehicle tyre has begun rolling off the production line at CEAT Kelani Holdings, Sri Lanka’s largest manufacturer of pneumatic tyres.

Sri Lanka’s country-wide consumer prices, measured by the National Consumer Price Index (NCPI), fell sharply to 22.1 percent in the 12 months to May 2023, easing from 33.6 percent in the period through April, the data released by the Census and Sta

Expolanka Holdings PLC’s fully-owned subsidiary Oki Doki, which is known for its digital transportation solutions, has expanded its footprint with the launch of its operations in Jakarta, Indonesia, early this month. The event witnesse

Sri Lanka Tourism welcomed the inaugural flight Air Seychelles from the Seychelles to Colombo yesterday, carrying 110 passengers. This fl

Ceylinco Life has distributed more than Rs.6 billion in annual bonuses, including a one-time special bonus to commemorate the company’s 35th anniversary, to 197,131 loyal policyholders. An increase of Rs.1.7 billion or a whopping 37.27 percent or o

Norfolk Foods (Pvt.) Ltd, a pioneer in the manufacture of specialised frozen foods in Sri Lanka, has firmly established its presence in India through a joint venture (JV) with Thailand’s agro-industri

BBC: Tesla CEO Elon Musk has said the electric carmaker will be in India “as soon as humanly possible”. His comments followed a meeting with Indian Prime Minister Narendra Modi, who is on a state visit to the US. The Indian

SriLankan Airlines yesterday said the flight UL 470 to Seoul was delayed due to one cockpit crew member, who was scheduled for this flight, falling sick. The flight, which was scheduled to depart at 20:20 on June 20, was delayed overnight. “Unfortu

REUTERS: Infant mortality rises and life expectancy falls when sovereign debt defaults are not quickly resolved, a study said yesterday, as negotiations to restructure the debts of countries including Zambia, Sri Lanka and Ghana drag on. In countries

Five selected MOH divisions in Monaragala and Nuwara Eliya will receive fresh attention to help tackle malnutrition, with the Food and Agriculture Organisation of the United Nations (FAO) gearing up to

The US$ 500 million plus ITC development, comprising the Sapphire Residences and super luxury hotel ITC Ratnadipa, occupies pride of place at the centre of Colombo’s most prestigious ocean front location. Overlooking the Galle Face and the Indian O

Ceylon Energy, a strategic alliance of St Theresa Industries, recently announced its exclusive partnership with Hubbell Power Systems Inc., a global leader in cutting-edge technology solutions, to introduce Helical Anchors, a revolutionary technology

Following the growing interest from investors in their esteemed projects, Sunrise Ridge and Peacock Valley at Victoria Golf Resort, John Keells Properties is excited to announce the launch of their newest project, Ridgeview. Offering 18 premium land

Working to revive and revitalise the real estate industry, HNB PLC, renewed its long standing partnership with the market leader Prime Group to offer prospective home owners with low interest rates and exclusive benefits.

Trans Asia Cellular (Pvt) Ltd. -Sri Lanka’s top mobile phone accessories and telecommunications parts provider-has opened its first international retail store in Dubai, UAE, heralding the first steps for the brand’s global expansion plans.

99x commenced operations at its technology centre in Malaysia, as part of its global expansion strategy. The technology centre was recently recognized with the Malaysia Digital status by the Malaysia Digital Economy Corporation (MDEC) as a contributo

ChallengerX, marked Sri Lanka’s inaugural AI and Machine Learning-focused Incubator Programme emerging from a collaboration between IFS and Hatch. The programme came to a close with 2 out of the 6 selected teams winning over Rs.2 million in prizes

Former Nissan boss Carlos Ghosn has reportedly sued the carmaker for more than US$1bn. The filing marks Ghosn’s latest effort to clear his name after he was ousted from the firm in 2018....

Ceylon Motor Traders Association (CMTA) yesterday voiced its apprehensions regarding the fairness of the current import regulations and called for a more equitable one that takes into account the struggles...

Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history. Joseph Tsai, executive....

Indian carrier IndiGo has made a record order for 500 Airbus A320 aircraft - the largest single purchase agreement by any airline in commercial aviation history. The deal, announced....

John Keells Group was recently awarded for its long-term initiatives in diversity, equity and inclusion (DEI). John Keells Holdings PLC was the recipient of the award ‘Organisation promoting....

As a final decision on domestic debt optimisation (DDO) is yet to be made, the government on Monday urged interested parties to refrain from making speculatory comments that undermine the stability....

The soon to be established Parliamentary Budget Office will provide an opportunity to uncover the reality of popular proposals in election manifestos, according to State Minister of Finance Ranjith....

The government on Monday ruled out a possible relaxation of the ban on vehicle imports this year due to possible negative impact on the country’s limited foreign exchange reserves and the overall...

Ceylon Motor Traders Association (CMTA) yesterday voiced its apprehensions regarding the fairness of the current import regulations and called for a more equitable one that takes into account the struggles...

Shareholders have approved the resolutions to delist four subsidiaries of Singapore-based Goodhope Asia Holdings Ltd, the holding company of Carson Cumberbatch PLC, at the Extra Ordinary....

In the backdrop of its positive performance trend, Amana Bank recently declared its 6th successive annual dividend, demonstrating the bank’s commitment to deliver long-term value to its shareholders. With this latest...