Boosting the revival of the tourism industry in Sri Lanka, Hapag Lloyd Lanka ushers in super luxury cruise Mein Schiff 5 today, at the Port of Colombo and the cruise will be calling the Port of Hambantota tomorrow.

If Sri Lanka misses the December target, which now appears to be bit of a stretch, the country could still activate the International Monetary Fund (IMF) rescue package to unlock US$ 2.9 billion over a four-year span as very good progress is being ma

Ahead of the challenging period expected, marked by looming tax increases, coupled with fears of a potential domestic debt ....

Bingumal Thewarathanthri expects the current high interest rate regime to remain until the country secures the approval for US$ 2.9 billion....

CB says tight monetary policy helped in crushing demand and curtailing imports in parity with exports The Central Bank....

The CT CLSA South Asia Frontier Forum will open today, with the participation of foreign and local institutional investors. Overcoming....

The Central Bank chief last week said that the prevailing uncertainty over domestic debt restructuring had already priced into the government....

Nawaloka Hospitals PLC continued to report losses through the second fiscal quarter ended in September 2022 as the revenues fell....

Sri Lanka’s fastest growing life insurer Softlogic Life was recently honoured for its creative and clutter-breaking marketing campaigns....

Sri Lanka’s largest SME-friendly bank HNB PLC partnered with the Sri Lanka Agripreneures Forum to support small and medium-sized ....

HNB Assurance PLC (HNBA) and its fully-owned subsidiary HNB General Insurance Ltd (HNBGI) recently held its Annual Staff....

Nations Trust Bank American Express invites its valuable cardmembers to ‘Cherish togetherness #WithAmex’, as they celebrate the festive season with many benefits and privileges. This festive....

Commercial Bank of Ceylon is offering discounts of up to 50 percent at more than 3,500 merchant outlets around the country for the bank’s credit and debit cardholders. The bank has....

Green bonds can help to achieve the goal of a low-carbon world and cumulative issuances have already reached US $ 1 trillion. As the market for green bonds continues to grow, investors need to understand...

SriLankan Airlines is set to partner with Raid Amazones 2023 for the second consecutive year, with the aim of reaffirming Sri Lanka’s stature as a sought-after tourist destination among the discerning....

The Sri Lanka Institute of Marketing (SLIM), the national body for marketing in Sri Lanka, announces the extension of the deadline for entries for the SLIM National Sales Awards, until December....

The leading conglomerate LOLC Group extended its MoU with the Alumni Association of the University of Colombo (UoC), for another year up to 2023. The UoC Alumni....

The tourist arrivals to the country for the first 20 days of November totalled 37,490, resulting in the total number of international visitors entering the country crossing the 600,000 mark.

Sri Lanka received a contribution of Rs.190 million from France, via the United Nations World Food Programme (WFP), as emergency response for children and families affected by the country’s worst economic crisis in decades.

Sri Lanka’s market leader in wood coatings and multinational conglomerate JAT Holdings PLC has posted exceptional financial performance for the second quarter of FY 2022/23.

The tea production for the month of October decreased by 22.4 percent when compared with the corresponding month of the previous year.

The auction quantities continued to remain low at the Colombo Tea Auction and this week a total of 4.79 MnKgs came under the hammer, which was met with good demand.

Despite numerous macroeconomic challenges, E.B. Creasy Group posted a solid top line performance in the first half of the current financial year, driven by outstanding results in its core segments of homecare, personal and healthcare and in industria

As the country is experiencing a labour exodus, the Central Bank Governor Dr. Nandalal Weerasinghe stressed that the time has come for the government to carry out radical labour reforms by opening the country’s labour market in order to reverse the

The Monetary Board of Central Bank as widely expected kept key interest rates unchanged at the current levels of 14.5 percent and 15.5 percent respectively for standing deposit and lending facility rates yesterday maintaining its aggressive monetary

China has recorded its highest number of daily Covid cases since the pandemic began, despite stringent measures designed to eliminate the virus.

The global tea promotions campaign, which has been conceptualised and tweaked for many years is expected to kickoff in 2023, the Sri Lanka Tea Board said yesterday.

Airtel Sri Lanka yesterday said it entered into an investment agreement with the Board of Investment (BOI) to channel foreign currency investments for the development of the country’s telecom infrastructure, with emphasis on expansion and optimisat

Logistics major Expolanka Holdings PLC yesterday said it has taken further steps to expand its global business by submitting proposals to call for expressions of interest (EOI) for the acquisition of certain logistics companies in international marke