Britain on Wednesday defended its tax-slashing budget after the International Monetary Fund (IMF) argued it could increase inequality and worsen inflation, having already seen the pound hit a record low against the dollar.

Apple says it has started making its iPhone 14 in India as it diversifies its supply chains away from China.

Sri Lanka’s only integrated manufacturer of cement, INSEE Cement, has once again secured a coveted spot on LMD’s list of Most Respected Entities 2022.

Dihan Dhamika Inshan recently received the international award in the Architectural Category for his project titled, ‘Waste Upcycling Park and Wetland Awareness Center’ at the Asia Young Designer Awards. Earlier, he became the Sri Lanka Gold Winn

Known for being the most exciting new freehold address in Sri Lanka, Southbeach Weligama has seen unprecedented sales since August, selling at an average of one unit per week, the main reason being its prime location, right on Weligama beach.

Seylan Bank partners Kedella Art of Living 2022 as Title Partner and Official Banking Partner. The partnership marks its 10th consecutive year of one of the largest lifestyle exhibitions in the country, which will be held on the 7th, 8th and 9th Octo

As part of the ‘Marine Pollution Prevention’ component of its Sixfold Sustainable Model, C.W. Mackie PLC recently organised ‘Beach Cleaning Day’ in an effort to band together environmentalists and the staff of C.W. Mackie PLC towards achievin

The latest venture of the Industrial Hub of Capital Maharaja Group, Premier Herrero (Pvt) Ltd. opened its first factory in Pannala, Sandalankawa recently.

Dialog Enterprise, the corporate ICT solutions arm of Dialog Axiata PLC recently deployed its optical fibre solution at Prestige Tower, Colombo 3.

The Asian Development Bank (ADB) yesterday announced plans to provide at least US$ 14 billion over 2022–2025 in a comprehensive....

A direct container shipping service is to be launched between Chattogram, Bangladesh and Dubai avoiding the Colombo Port...

Sri Lanka’s non-bank finance companies are reeling with record high loan defaults as the sky-high rates triggered by the economic....

Colombo-based free-market think tank Advocata Institute cautioned against the implementation of discriminatory tariffs for electricity....

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, ACL Cables and Hatton National Bank....

Lakwin Aviation (Pvt.) Ltd has been certified by the Civil Aviation Authority of Sri Lanka (CAASL) to provide domestic commercial civil passenger...

Sri Lanka’s innovative technology company 99x was recognised as a Best Workplace in Asia by Great Place to Work Institute....

The Advocata Institute, a public policy think tank based in Colombo, has appointed Dhananath Fernando as its Chief Executive ....

A VIP delegation from the Association of Southeast Asian Nations (ASEAN) visited Hambantota International Port (HIP) recently to familiarise....

Colombo Dockyard PLC (CDPLC) recently delivered Misje Vita, 5000DWT eco bulk carrier built for Misje Eco Bulk AS, Norway (Misje). CDPLC....

Sri Lanka is in the midst of developing a project to improve the handling of hazardous materials, an effort that is rolled out with...

Commercial Bank of Ceylon has become the first Sri Lankan bank to introduce card acceptance through Android smartphones, allowing....

Allianz Lanka, one of Sri Lanka’s premier insurers and a member of the global Allianz SE Group, recently celebrated its best-performing ....

Ranil Wickremesinghe (RW) is a man with determination, an achiever and a remarkable man. In this model democracy in Asia....

Citi has been recognised by The Banker as the Best Global Cash Management Bank and Best Bank for Transaction Services.....

Sri Lanka’s most MSME-friendly bank HNB PLC once again allocated Rs.10 million to assist the entrepreneurs affected by the ongoing....

Although Sri Lanka tourism had to face some unprecedented challenges over the past couple of years, the industry is now back on....

The hair and beauty industry of Sri Lanka is fast losing viability with limited access to hair and cosmetic products, due to the temporary ban on cosmetic products imposed by the government.

The University of Colombo’s Economics Department’s, Tourism Study Programme will organise a top international expert stakeholder dialogue this week to share insights to revive the tourism industry amidst multiple challenges.

CIPM Sri Lanka, the nation’s leader in human resource management, announced that it has signed up with Sri Lanka T20 and ODI Captain Dasun Shanaka as its Brand Ambassador on September 24, at a ceremony held at the CIPM auditorium at HR House in Col

CICRA Campus, in partnership with the EC-Council, USA, has become the first training centre in Sri Lanka to offer CEH ELITE, the latest version of globally recognised Certified Ethical Hacking (CEH) qualification.