Allianz Lanka, a member of the global Allianz SE insurance group, has announced the launch of its new, high-tech and hassle-free....

Continuing its efforts to drive digital inclusion and provide access to cutting-edge mobile financial solutions, SLT-MOBITEL’s mCash....

The eighth and ninth millionaires of the ‘People’s Remittance Vaasi Kotiyai, Ewannai Dinannai’ draw were selected for the months...

DIMO, a leading diversified conglomerate in Sri Lanka, has transformed the local decorative paint industry landscape by unveiling Graphenstone, the first and only CO2-absorbing premium smart coating....

In recognition of Sampath Bank’s outstanding commitment toward the development of ICT products and services, the financial institution....

Hatch, has scored another first, welcoming on board Mountain Lion Ventures - a Sri Lanka focused build up and scale up investment vehicle....

Power and Energy Minister Kanchana Wijesekara reiterated in parliament recently that they could not prevent long power cuts up...

Hambantota International Port (HIP) reached the milestone of handling 500,000 RORO cargo units in 2022 this November, with the discharging...

Sri Lanka’s wages are rising at the fastest pace in the country’s history, but they still lag far behind the pace of the red-hot inflation....

Banks are seen stepping up their campaigns to raise more deposits offering even higher rates than what prevailed until recently....

Taiwan’s premier yesterday accused China of violating international trade rules and “discriminating” against the island after it halted....

The Hayleys group received top honours at the recently concluded National Chamber of Exports Awards, with its export manufacturing, agriculture, tea export and transportation....

The government had exhausted a staggering Rs.367 billion in public funds to maintain 430 State-owned Enterprises (SOEs) in 2021....

Printing industry veteran Sathis Abeywickrama, Founder and Managing Director of Flexiprint (Pvt.) Ltd and its sister company Print USA (Pvt.) Ltd, was recognised and honoured for his dedicated....

The tourist arrivals for the first seven days of December have already crossed the 15,000 mark, indicating the revival of the hard-hit sector is on track.

The World Bank this week approved Sri Lanka’s request to access concessional financing from the International Development Association (IDA).

The offerings at the Colombo Tea Auction saw an improvement this week when compared with the last, with quantities totalling 4.96 MnKgs.

The government has announced what it describes as one of the biggest overhauls of financial regulation for more than three decades.

The National Tea Sales average for the month of November 2022 recorded Rs.1,383.05 (US $ 3.80), declining from Rs.1,483.65 (US$ 4.10) recorded in the month of October 2022.

Sri Lanka and India will come together end of December to promote tourism by launching the SiHiTa (Sinhala-Hindi-Tamil) Cultural Fest 2022.

The country’s travel and tourism sector stakeholders yesterday welcomed the move by the health authorities in removing the COVID-19 protocols for tourists as the step will help increase the appeal of the destination.

The ongoing economic crisis is continuing to make more people jobless as the dire employment situation entered the fourth quarter this year reflecting the depth and breath of the crisis which is still unfolding.

Trade unions belonging to Sri Lanka Telecom PLC yesterday staged a protest in Colombo Fort against the proposed privatisation of the company.

Sri Lanka’s banking sector will be required to strictly comply with the sustainable finance framework issued by the Central Bank (CB) next year onwards.

Commercial Credit and Finance PLC yesterday announced the appointment of Bandula Egodage as the Chairman of the company with effect from November 17, 2022.

Fitch Ratings recently affirmed Lakdhanavi Limited’s National Long-Term Rating at ‘AA-(lka)’. The Outlook is Stable.

Lebanon’s divided parliament failed to elect a new President yesterday for a ninth time, despite the damage the political deadlock is doing to efforts to bail out its bankrupt economy.

The Maldives has recorded an impressive number of international visitors entering the archipelago with tourist arrivals for the first 11 months of the year nearing 1.5 million.

The government plans to appoint a dedicated regulator for the power sector while splitting Ceylon Electricity Board (CEB) into eight separate companies in accordance with the CEB re-structuring plan approved by the Cabinet of Ministers.

As all sections of the business community are leaving no routes unexplored to ensure they stay afloat, the vulnerable small and medium enterprises (SMEs) must not be left behind, asserted President Ranil Wickremesinghe.