In an effort to obtain the maximum output from the external trade sector to the national economy, the government said it would reorganise the existing conventional institutional set-up and newly established International Trade Office (ITO) to interco

Japan’s core consumer price inflation edged up to 3.7 percent in November, the highest it has been since 1981.

Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, announced its recently concluded Rs.850 million rights issue, which saw keen demand and was successfully oversubscribed and fully allotted.

To increase the reach of Sri Lankan export products in international markets, the Export Development Board signed a memorandum of understanding with the Swiss Import Promotion Programme (SIPPO), which operates under the State Secretariat for Economi

Dialog Axiata PLC yesterday announced plans to shut down its 3G data network in 2023 to free up spectrum and increase the capacity of its 4G Broadband network.

A solution has been worked out to maintain the operations of key tax collecting agencies uninterrupted with the retirement of over 200 senior officials from Sri Lanka Customs (SLC), Inland Revenue Department (IRD) and Excise Department on the 31st of

Hemas Holdings PLC yesterday announced the appointment of Dr. Anura Ekanayake as the Deputy Chairman of the company with effect from January 1, 2023.

Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges.

A number of projects in the Hambantota International Port’s Industrial Park are nearing completion, a statement released by Hambantota International Port Group Pvt Ltd, said.

The Federal Reserve’s super-sized interest rates are not scaring most companies into cutting back on spending, according to a survey released on Wednesday.

The banking sector asset quality deteriorated further in the third quarter of the year reflecting the profound stresses the sector is undergoing in their loans portfolios on top of the pressures that have mounted from the record level provisions agai

Coinciding with the 200-year anniversary of the arrival of the first generation of the up-country Tamil community to Sri Lanka, in next February, the Cabinet has decided to roll out special programmes to enhance the living conditions of the up-countr

October industrial production fell substantially from a month ago, deepening the decline in the economy through its fourth quarter after it gave up nearly 12.0 percent of its output in the third.

Dialog Axiata PLC, the first telecommunications service provider in the South Asian region to demonstrate 5G capabilities in 2018, announced the successful testing of mmWave 5G for the first time in South Asia.

Elon Musk has said he will resign as Twitter’s Chief Executive Officer when he finds someone “foolish enough to take the job”.

With the recent acceptance of Indian rupee (INR) as a designated foreign currency by the Central Bank of Sri Lanka to promote trade and tourism within the SAARC region, Bank of Ceylon (BOC) opened up its first Nostro account in INR with its Chennai b

The Cabinet approval has been granted to endorse a private bill submitted by an Opposition lawmaker to establish the Institute of Chartered Shipbrokers Sri Lanka through an Act of Parliament, in order to perform its activities more formally and effec

The Sri Lankan exporters will be able to improve the offering and services to the European Union (EU) market going forward with the initiatives rolled out by the Import Promotion Desk (IPD), in Germany, which came to a close this month.

Aitken Spence Travels (Pvt.) Ltd emerged as the most sustainable destination management company (DMC) and role model of sustainability in the tourism industry, at the recently held Sustainability Awards 2022, organised by the AHK (Delegation of Germa

Dilly & Carlo, an established local brand in the manufacturing and retail business in Sri Lanka celebrating 36 years of excellence, is bringing the spirit of the New Year season to its valued customers by unveiling its enchanting new festive collecti

This year, Arpico’s Christmas Super Shopper campaign offers even better rewards, including valuable home makeovers for 25 lucky families and chances to win instant gifts worth millions.

Netsys Solutions (Pvt.) Ltd, one of the leading system integrators in Sri Lanka, recently hosted over 150 representatives from 50 companies, who had been working with it in the past decade, at a gala event named Netsys Kritajna at Monarch Imperial Ho

The Christmas season is synonymous with love, happiness, caring, sharing pageantry and festivity, which everyone is so eagerly looking forward to with family reunions, visits by relatives and friends who share greetings, nostalgic memories and most i

Kids Joy, a world-class product by Kiddies & Toys International (KTI), a subsidiary of leading Sri Lankan conglomerate LIMRA Holdings, celebrated its 15th anniversary by bringing smiles to the faces of expectant mothers from underprivileged communiti

Bringing the joy of the season and spirit of giving, SLT-Mobitel is continuing its ‘Sabendiyawe Naththala’, a national-level community empowerment programme, supporting all communities to celebrate the festival in a grand manner.

Ringing in the festive cheer with a Christmas special campaign, Pepsi recently unveiled its new TVC.

DIMO Diesel Lab has further strengthened its long-standing collaboration with Bosch through cementing its strong position as the Certified Bosch Diesel Service Workshop in Sri Lanka.

The Chamber of Tourism and Industry asserts the need to develop domestic air travel services to effectively compete with its regional peers. It pointed out that putting....

The sheer magnitude of the slump in imports of consumer goods this year offers a glimpse to how the unravelling economic crisis has had upended the purchasing patterns of consumers and the depths to which....

The Cabinet nod has been granted to establish ‘Sri Lanka Institution of Economics and Trade Institute’ to educate policymakers and public officials on economic and trade activities in order to avert another economic...