Bringing Sri Lanka under fresh spotlight is Cape Weligama, as it has been voted as one of the top three best resorts in the rest of Asia by Conde Nast Traveller Readers’ Choice Awards 2022.

The International Organisation for Migration (IOM) stepped up efforts to combat the possibility of human trafficking in Sri Lanka by collaborating with the local tourism sector.

The Colombo Tea Auction saw the offering limited to a mere 4.7 MnKgs this week.

The local rubber market remained bearish, with the local industries and exporters indicating lesser interest for the commodity, due to the lacklustre demand prevalent in the regional commodity markets, stated Forbes and Walker Commodity Brokers in it

Sri Lanka will see visitors from the Russian Federation resume their travel to the island nation once again, with efforts underway to increase flights between Russia and Colombo.

The highly anticipated Travel Agents Association of India (TAAI) convention that was to take place in Sri Lanka this year has been postponed to 2023, the Tourism Ministry said.

Some of Sri Lanka’s well-known corporates, including leading conglomerates, have come on board to sponsor the 43rd National Conference of Chartered Accountants of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

The free trade zone manufacturers yesterday fired a strong-worded letter to President Ranil Wickremesinghe, expressing their disappointment in the efforts taken by the government to increase the corporate tax.

Sri Lanka is looking to pull in a share of the massive crowd that is expected to pour into Qatar for the upcoming FIFA World Cup by playing host to the spectators between the matches.

Sri Lanka has made it to the top 20 list of the Readers’ Choice Awards 2022 by Condé Nast Traveller.

The United Nations on Monday urged central banks to loosen their belts in order to avoid a global recession, saying financial tightening risked pushing the world into grim prolonged stagnation.

Once a firm agreement is entered with the International Monetary Fund (IMF), the contents of the IMF programme will be made public with the consent of the both parties, the Central Bank Governor Dr. Nandalal Weerasinghe said.

The World Bank yesterday raised a red flag for the South Asian region, asserting that growth is dampening and there is a pressing need for countries in that region to build resilience.

Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from a severe economic crisis, President Ranil Wickremesinghe said Thursday

The Central Bank, which kept its key interest rates unchanged yesterday to continue with its bone-crushingly tight monetary policy, said a significant deceleration in inflation is expected in the early part of next year, particularly with higher base

Japan yesterday said it had not reached any agreement with Sri Lanka to co-chair a creditor conference on behalf of Sri Lanka.

Sri Lanka’s imports fell for the sixth month a in a row in August cutting the trade deficit by more than a half from a year ago after the monetary and fiscal policies were tightened to crush money supply and thereby consumption and investment activ

Dialog Axiata PLC on the invitation of Ministry of Power and Energy and Ministry of Tourism partnered Sampath Bank PLC, to launch the Tourist Fuel Pass (TFP) that would enable tourists visiting Sri Lanka to obtain fuel without the standard quota rest

Efforts are underway to identify the root causes of food losses in Sri Lanka, with the support from the Australian Centre for International Agricultural Research (ACIRA), so that the local authorities are able to address the issue and create a new ec

Renewable energy producer Windforce PLC yesterday announced its entry into the electric vehicle (EV) and its supporting services market, with an investment of Rs.200 million.

Sri Lanka Tourism Development Authority (SLTDA) Director General Dhammika Wijayasinghe yesterday announced that she would be stepping down from her role at the entity.

Sri Lanka’s hopes for lower oil prices at the pump could face hurdles, as the members of the Organisation of the Petroleum Exporting Countries and its Russia-led allies, a group collectively known as OPEC+, yesterday decided on what analysts called

The National Chamber of Commerce of Sri Lanka (NCCSL) in association with the Department of Labour is organizing a seminar on ‘Promote Industrial Efficiency and Productivity through Laws’ on October 13 from 9. 00 a. m. to 12. 00 noon at the Natio

CEOs are actively looking for ways to get ahead of the triple threat of the aftermath of the COVID-19 pandemic, increasing geopolitical tensions and inflation, according to the EY CEO Outlook Pulse Survey- October 2022.

The Treasury bill yields firmed up at the weekly bill auction held yesterday, ahead of the monetary policy decision, which is largely expected to leave the policy rates at their current levels for the third consecutive month.

The IMF Executive Board has approved a new, temporary Food Shock Window (FSW) under its emergency financing instruments (Rapid Credit Facility-RCF/Rapid Financing Instrument-RFI).

Analysts have increased their wagers for a pivot in the monetary policy in the next three to six months, as they expressed worries over the deeper than anticipated contraction in the economy, which could get entrenched and reach to irrecoverable leve

Sri Lanka hopes to increase tourist arrivals for 2022 by at least five fold from the number achieved in 2021, the Sri Lanka Tourism....

The shockingly poor practice of blindly granting enormous tax concessions to certain foreign investments without knowing their true....

The Colombo Tea Auction saw sales average reaching an all-time high in September, recording Rs. 1,599.40 (US$ 4.46) per kilo....