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....

The Cabinet has cleared a proposal to facilitate visa for foreigners who involve in Colombo Port City (CPC) related activities under three special categories subject to recommendations of the Colombo Port City....

The government yesterday announced further relaxation of imports restrictions, which were introduced in August to preserve foreign exchange. A special gazette....

The government is to setup an “Office for the affairs of Sri Lankans living abroad” to coordinate with estimated three million Sri Lankan diaspora to obtain their assistance for development....

The ASPI closed in red as a result of price losses in counters such as Lanka IOC, Richard Pieris & Company and Browns Investments with the turnover crossing Rs. 2.8 bn. A similar behaviour....

KPMG Sri Lanka has refused to provide an opinion on the annual financial statements of Nawaloka Hospitals PLC due to the latter’s failure to account for billions worth of revenues, receivables....

Ceylon Guardian Investment Trust PLC (GUAR), a unit of Carson Cumerbatch PLC, yesterday said it has decided to sell its entire 50 percent stake in Guardian Acuity Asset Management Limited (GAAM) to CT CLSA Holdings Limited.

Much of 2022 has been a wild ride for Sri Lanka but if there was a single segment, which for the most part withstood the economic adversities so far this year, that was corporate earnings.

Sri Lanka’s FIFA Fan Zone in Negombo was successful in creating a positive hype, which has helped to share with the world the message that the island nation is safe and open for international tourists, said the Sri Lanka Tourism Promotions Bureau (

Sri Lanka’s tea production for the month of November saw a marginal improvement, as the total output grew by 0.9 percent when compared with the November 2021 quantities. According to the data released by the Sri Lanka Tea Board, the November 2022 t

Sri Lanka’s struggling communities were able to share their plight first-hand with an international donor agency, with a senior USAID humanitarian advisor having visited those affected by the prevailing food insecurity.

Renowned for its paradisiac setting and utopian aesthetic, The Eden Beruwala, formerly known as The Eden Resort & Spa, is once again poised to welcome global travellers further to extensive renovations.

The Middle East’s largest comprehensive conglomerate holding group, Ajlan and Bros Holding Group, recently entered into a strategic cooperation agreement with CHEC in Riyadh, Kingdom of Saudi Arabia, forming a strategic partnership to jointly devel

China’s business confidence dropped to its lowest in nearly a decade, a survey showed yesterday, pointing to the impact of rapidly rising Covid-19 cases on the country’s economic activity.

SriLankan Airlines is organizing the first-ever series of meetings in Sri Lanka for Entrepreneurs’ Organization (EO) Nepal as part of its ramped-up efforts to help the country rebuild and grow tourism.

State Minister of Finance Ranjith Siyambalapitiya said the first of a series of programmes organised at the district level to appreciate taxpayers will be started in Colombo on December 23.

The government must take a scientific approach focusing on revenue elasticity when deciding taxes on alcohol and tobacco to collect an....

With a steady increase in vessels calling at the Hambantota International Port (HIP), and the port’s industrial park attracting numerous FDI....

Sri Lanka Insurance Corporation (SLIC) has signed up with LankaPay to launch a mobile device based digital signature solution enabling ....

Sri Lanka is expecting as much as US$ 5 billion in loans next year from multilateral agencies besides an IMF deal, while the government....

The producer prices in the country continued to charge ahead with little signs of slowing as such prices in October climbed further 0.9....

CT CLSA Securities projects the headline inflation in Sri Lanka to come down to 8 percent levels in a year from now, offering what could....

The leaders from across the industry, civil society, finance and academia met in Colombo to explore short and long-term energy....

CIPM Sri Lanka, the nation’s leader in human resource management, further strengthened its bonds of partnership with the Chartered....

The Ambassador’s Forum of Sri Lanka launched the eighth volume compiled by Ambassador’s Forum President Sarath Wijesinghe....

Elton Hurtis has been appointed as General Manager of the soon-to-be-launched Courtyard by Marriott Colombo. Elton is a passionate, award...

Talal Rafi from Sri Lanka will be giving the keynote speech on ‘Business policy and strategy for inclusive growth and development’ at the 17th Academy....

The Colombo Stock Exchange (CSE) yesterday announced changes in the S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2022 year-end rebalance.

The penultimate sale of the year, which was held this week, had 5.1 MnKgs of Ceylon Tea come under the hammer at the Colombo Tea Auction; they were met with good general demand.

The EU has threatened Twitter owner Elon Musk with sanctions after several journalists covering the company had their accounts abruptly suspended.