Sri Lanka has been ranked the fifth poorest country in the world in terms of food affordability, according to a latest report by United Kingdom (UK)-based think tank, Institute of Development Studies.

The cruise ship ‘Navigator of the Seas’, under the agency of Prudential Shipping, called at the Hambantota International Port (HIP) for the purposes of receiving bunkers, marking another significant milestone in the diversity of the vessels calli

President Joe Biden unveiled yesterday a target backed by the Detroit automakers for half of all cars sold in the United States by 2030 to be zero-emission vehicles, the White House announced.

After a solid start for the year, Chevron Lubricants Lanka PLC appears to have lost momentum in the June quarter (2Q21), largely due to pandemic-related restrictions.

Teejay Lanka PLC has made an encouraging start to FY 2021-22 with solid top and bottom line growth in the three months ending 30th June 2021,

Jetwing Hotels, Sri Lanka’s leading hospitality company, launched Plated by Jetwing (www.platedbyjetwing.com ), its latest online, culinary experience, bringing mouth-watering dishes from around the world to your home table.

Sri Lanka Vanithaabhimana, an awards programme to empower the women of Sri Lanka, has been launched for the second consecutive year by NDB Bank and Sirasa News 1st.

Private label or own label products are products that carry the supermarket brand that sells it and are widely found in Sri Lanka. Since the marketing and distribution costs are at a minimum, these products are priced much less in comparison to other

The KPMG Academy presents the 23rd virtual session of the Friday Mid-Afternoon Chat series on August 6, 2021, at 3:00 p.m.

LNBTI has introduced properly structured honours degrees in ICT (two programmes) from a reputed university in the UK, customising to make it to the level where any student going through the superior learning experience offered in this programme.

Sri Lanka saw a pickup in the number of tourist arrivals for the month of July with 2,429 visitors coming in. The total number of visitors to the country for the first seven months was 19,337. Following the steep decline witnessed in April, the numbe

The Cabinet of Ministers this week granted approval to declare August 16 as the National Logistics Day for the purpose of educating the public on the importance of efficient and effective management of supply chains and its impact on cost of living.

Oshada Senanayake has been appointed as the new Chairman of the Information and Communication Technology Agency (ICTA) of Sri Lanka.

The government would consider giving Sri Lankan expatriate workers a temporary facility to import a vehicle upon their return to Sri Lanka, State Minister of Finance, Money, Capital Markets and State Enterprise Resources Ajith Nivard Carbraal told Pa

Startups in Sri Lanka will receive fresh impetus over the next three years with leading global provider of information and communications technology (ICT) infrastructure and smart devices, Huawei announcing its decision to focus on the island nation

A writ petition has been filed in Court of Appeal seeking an order to quash awarding the supply of security stickers to an Indian security printing company by the Excise Department.

The Chartered Accountants of Sri Lanka (CA Sri Lanka) announced this week the launch of the Annual Report Awards 2021 which will have the marking system automated due to the ongoing Covid-19 crisis in the country.

The Taxation Committee of the Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a virtual webinar on ‘Highlights of Inland Revenue (Amendment) Act No. 10 of 2021’ today (August 5) from 6.00 p.m. – 8.00 p.m. via onli

North Lanka family foods (PVT) Ltd, a community investment in Pali, in Northern Sri Lanka by MA’S Tropical Food Processing (PVT) Ltd, has received the UN Food Systems Summit Best Small Business award.

Sri Lanka is unlikely to realize by 2030 the United Nations (UN) Sustainable Development Goal (SDG) on gender equality and women empowerment as lack of monitoring and accountability hinders the ability in moving in that direction although initiatives

Providing a first glimpse of how the broader telecommunication sector fared when distant working and learning became the norm during most of the June quarter, Sri Lanka Telecom PLC (SLT) saw a further uptake in its services from data to voice to othe

Property management company Colombo City Holdings PLC yesterday said it disposed a 47.2 perch land plot and a building on it in Union Place, Colombo 2 to Vision Care Optical Services (Private) Limited, for a consideration of Rs.575 million.

The International Monetary Fund (IMF) said on Monday its board of governors approved a US $ 650 billion allocation of IMF Special Drawing Rights and said its largest-ever distribution of monetary reserves would become effective August 23.

The Cabinet nod was granted this week to allocate a 65-acre land plot from the Horana Industrial City Development Project, located in Millewa, to State Pharmaceuticals Manufacturing Corporation (SPMC) to kick-start the construction of the first phase

Colombo’s newest state-of-the-art office tower, ‘The Offices’ at Cinnamon Life, has been chosen as the hub for leading global technology company HCL Technologies’ growth drive in Sri Lanka.

The food prices in the country continued to increase in July, according to Advocata’s Bath Curry Indicator (BCI), which expanded by 0.70 percent from the previous month.

The borrowings by the government from the commercial banks and Central Bank shot up in June, due to the tax-killing virus-related restrictions on economic activities, while the sale of liquor,