The disastrous organic fertiliser pivot, which came to a head in the second quarter of this year, plunged Sri Lanka’s agriculture sector to an unprecedented decline, creating a massive food crisis in the country.

After several weeks of paying exorbitant prices to procure what used to be affordable snacks, consumers will witness a drop in the prices of confectionary products across all product categories.

Tourist arrivals for the first 15 days of September totaled 14,833, bringing the arrivals for the January 1 to September 15 period to 511,263.

Reiterating its stance, the International Monetary Fund (IMF) yesterday said that the IMF-backed programme would only move forward on Sri Lanka’s resolve to stay on the reform path the officials had committed to when the two parties agreed on the s

Belgian investor Michel Casselman who is one of the investors in My Dentist chain of clinics arrived in Sri Lanka to capitalize on the Sri Lankan Rs.2.3 billion dentistry market.

DIMO through its marine engineering arm DIMO Marine Solutions, has now expanded its services for the local fisheries sector by establishing a state-of the-art marine workshop at the Ceylon Fisheries Harbour Corporation Dikkowita North Terminal (CFHC)

Nestlé Lanka’s Distribution Center completed 4,000 days of safe operations, reinforcing the company’s strong commitment to its people and their safety.

As a pioneer in the veterinary pharmaceuticals industry in Sri Lanka and in keeping with consistent and key strategies to evolve, Browns Pharmaceuticals Division was recently awarded the ISO 9001:2015 (Quality Management Systems) and ISO 14001:2015 (

To commemorate the 20 years of its service to Sri Lanka, Lanka IOC organized a grand celebration. The momentous occasion was marked by the presence of Speaker of the Parliament Mahinda Yapa Abeywardana,

Dialog Axiata Group, the largest Foreign Direct Investor (FDI) operating under the aegis of the Board of Investment of Sri Lanka (BOI), announced the entering into of two supplementary agreements with the BOI for the investment of an additional sum o

Local market leader in LPG, Litro Gas Lanka Limited, recently introduced a new feature on its Home Delivery app, allowing expats to order LPG for their loved ones back home and make payments in US dollars.

The calls are growing louder. Pakistan desperately needs help after its worst floods in years and it needs it fast.

Total cement usage in the country has plunged 19 percent in the six months to June 2022 reflecting the depth of the contraction in construction activities and thereby the impact on the country’s total economic output.

The repeatedly battered tourism industry in the last three years is showing some recovery with the resurgence of global leisure travel and the focused efforts by the Lankan authorities and industry stakeholders to lure more travellers to the country.

Sri Lanka’s privately owned hydro power sector risks an imminent shutdown with virtually all cash-flows drying up as a result of Ceylon Electricity Board’s failure to honour payments to the tune of Rs.20 billion....

Meanwhile, during an event held in Colombo on Saturday to celebrate 20 years of Lanka IOC operations, Power & Energy Minister Kanchana Wijesekera said the government has invited the company to set up....

Lanka IOC (LIOC) PLC said it commenced commercial operations of Sri Lanka’s first grease manufacturing plant at LIOC Terminal in Trincomalee.

Experts last week made a strong case as to why Sri Lankans should embrace public transport as part of their everyday life and make private vehicle use restrained as much as possible after the country....

Softlogic Holdings subsidiary Softlogic Restaurants (Pvt) Ltd. has entered into a joint venture deal to operate Subway franchise in Sri Lanka, the company said in a stock exchange filing. Subway is an....

Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has said. Central banks have raised....

The Alumni Association of the Postgraduate Institute of Management (PIMA), Sri Lanka’s largest and most prestigious MBA alumni network, will hold its first-ever PIMA Strategic Forum on September 20....

The Institute of Certified Management Accounts of Sri Lanka (CMA) has signed an MoU with the Sri Lanka Association for Software Services Companies (SLASSCOM) to promote ICT and knowledge economy....

While expressing its deepest condolences on the death of Queen Elizabeth II, the Sri Lanka Gem and Jewellery Association (SLGJA) said Sri Lanka’s gem and jewellery industry is honoured....

The Board of Investment (BOI) recently collaborated with the National Apprentice and Industrial Training Authority (NAITA) to address the dearth of human capital at the level of technical skills, which has been....

Establishing its presence as a global digital payment solutions provider, Sri Lanka’s most digitally-savvy, leading merchant acquiring bank HNB PLC signed on as an Internet Gateway Provider for the national....

HNB Assurance PLC (HNBA) held its most eagerly anticipated night in the company’s event calendar recently at Hilton Colombo. The event felicitated the top....

LOLC General Insurance PLC and LOLC Life Assurance Ltd, two of Sri Lanka’s finest and fastest growing insurers, recently entered into a strategic partnership agreement with Cargills Bank, the banking....

MBSL Insurance expanded its branch network by opening its new branch in Mahiyanganaya. The company aims to expand its national.....

Seylan Bank, the Bank with a Heart, in partnership with the Ceylon Chamber of Commerce (CCC) Centre for SMEs and CIMA, conducted a workshop in Puttalam for owners of SME businesses from....

PAYable (Pvt.) Ltd, Sri Lanka’s leading digital payment acceptance solution provider, recently announced a partnership with Visa, the global leader in digital payments, to empower digital payment acceptance....