The National Chamber of Exporters of Sri Lanka (NCE) recently concluded its Annual Export Awards for 29th consecutive year, celebrating the best performance of Sri Lankan exporters. The ceremony was held on 21st January at Hotel Shangri-La, Colombo,

Dipped Product PLC saw its revenues languishing and profits diving amid rising costs in the three month ended December 31, 2021 (3Q22),

Sri Lanka’s foreign exchange reserves are plummeting, essential imports are stalling and Opposition leaders and some experts warn that time is running out to avoid a sovereign default that would further upend the economy.

Bogala Graphite Lanka PLC has appointed Non-Executive, Independent Director Coralie Pietersz as the Chairperson of its board with effect from February 10, 2022.

The head of the World Health Organization has said the acute phase of the pandemic could end this year, if about 70 percent of the world gets vaccinated.

Access Engineering PLC recorded a strong December quarter (3Q22) as the post pandemic boom in construction and real estate activities propelled the group’s fiscal performance.

With the sudden policy shift to organic farming, which resulted in reduced harvest for Maha Season, Sri Lanka’s rice imports are set to hit a five-year-high this year, according to a latest report published by the United States Department of Agricu

While denying any significant shortages of imported essential commodities in the country, the government blamed the errant traders for increasing the prices of these commodities arbitrarily and hiding behind the prevailing foreign exchange crisis. Th

For digital currencies to have wider acceptance, the International Monetary Fund (IMF) said the policymakers must deal with many open questions, technical obstacles and policy trade-offs.

Sri Lanka’s tourist arrivals crossed the 30,000 mark in the first 10 days of February. The provisional data from the Sri Lanka Tourism Development Authority (SLTDA) released yesterday showed that the island nation welcomed a total of 31,343 tourist

Samsung, the South Korean multinational electronics corporation, has stepped up its efforts in the sustainability front by innovating a new material that gives ocean-bound plastics new life.

The local social media influencers have been called on by the Sri Lanka Tourism Development Authority (SLTDA) to come on board to create fresh digital content and promote the island nation to target markets.

WindForce PLC, the largest renewable energy developer in Sri Lanka, reinforced its commitment for greener energy choices by unveiling plans for commissioning two solar power plants by end-2022.

Banking studies in the country should take into consideration the prospects that would emerge in the next ten years, at least, so that the local banking sector remains on par with global standards, the Central Bank said.

The lockdowns and the subsequent restrictions on economic activities had an enormous impact on the employed population in all sectors with at least 7 percent of the paid workers having either lost or quit their employment during the first cycle of lo

Six South Asian nations, including Sri Lanka, are set to benefit from a new US$ 21.5 million (EUR 18 million) funding from the European Union (EU), which will help to accelerate climate-smart, inclusive infrastructure investments in their regions.

The Colombo Stock Exchange (CSE) is in the process of admitting new Trading Members under revised criteria to carry out Repurchase (REPO) transactions on debt securities on its Over The Counter (OTC) platform.

Tokyo Cement Company (Lanka) PLC reported higher top and bottom line performance for the three months ended December 31, 2021 on higher retail price, but cement volume declined due to the wet weather that prevailed for two months inhibiting construct

Independent research firm First Capital Research (FCR) is of the view that equities have significant upside in the near term due to the strong earnings spell and the continued negative yields, but cautioned investors to brace for a possible shock in

The Cabinet this week cleared the path for Sri Lanka to secure a grant from India to procure a personal identity verification device based on biometric data and a digital identification tool to implement the Unitary Digital Identity framework project

The main Opposition Samagi Jana Balawegaya (SJB) together with its economic experts are currently in the process of formulating a solution to the present economic crisis and are discussing with local and international experts on restructuring Sri Lan

Plans are underway to promote Sri Lanka as a safe wedding destination, which would not only help uplift the hard-hit tourism industry but also the event management, fashion design and other supporting sectors that were impacted by the COVID-19 pandem

The government regulations are the major bottleneck that holds back the public and state sectors from embracing digitalisation, according to Digital Technology and Enterprise Development State Minister Namal Rajapaksa.

Aitken Spence Travels, the leading DMC in Sri Lanka welcomed the country’s first charter flight from Uzbekistan yesterday.

Venture Engine, Sri Lanka’s pioneering startup acceleration programme, has entered the final phase of its tenth edition with the selection of its top 10 grouping of finalists.

REUTERS: Sri Lankan shares fell more than 2 percent yesterday, extending losses to a third straight session as industrials and financial stocks dragged the benchmark.

Trading at the Colombo bourse went on for additional nine minutes yesterday, due to a technical issue, the Colombo Stock Exchange (CSE) said.

Main Opposition Samagi Jana Balawegaya (SJB) yesterday urged President Gotabaya Rajapaksa to come for a dialogue with them and understand the real extent of the forex crisis Sri Lanka is facing at the moment.

The government will pay extra attention towards developing Mattala Rajapaksa International Airport (MRIA) in Hambantota, so that it is transformed into an active airport.

Cementing its position as the world’s largest multi-currency and multi-geographic microfinance service provider, LOLC Group is set to acquire 73.39 percent of Kenya’s Key Micro Finance Bank (KMFB), while consolidating its position in Tajikistan b