Sri Lanka reduced electrocutions by 50 percent to 89 electrocutions in 2018, compared with the 180 electrocutions reported in 2012, Electrocution Report 2018 by the Public Utilities Commission of Sri Lanka (PUCSL), the regulator for the electricity i

(Jerusalem) REUTERS: Global financial institutions will attend a U.S.-led conference on the Palestinian economy this month that the Trump administration has cast as an overture to its Middle East peace plan, the International Monetary Fund (IMF) said

Turyaa Chennai, part of the renowned Aitken Spence Hotels, was recognised at the recently held India Travel Awards 2019-South as the ‘Best City Hotel’, further strengthening its position as an industry leader extending the best in service, produc

Union Bank announced the appointment of two new members to its leadership team recently.

Sri Lanka’s niche hotel operator, Elyon Hotels appointed industry veteran Samantha Gunarathne as its new Chief Operating Officer, recently.

In a world governed by uncertainties such as economic upheavals and unpredicted downturns, building customer confidence and meeting customer expectations remain key to success in financial markets.

Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited’s (SLIC) Insurer Financial Strength (IFS) Rating to ‘B+’ from ‘B’. The Outlook is Stable. The Under Criteria Observation status on the IFS Rating has also been removed. Fit

It was a remarkable evening of sheer brilliance as 44 of the best performing centre staff and sales development associates clinched their awards in titles of Gold, Silver and Bronze at the ‘Sales Star Awards’ hosted by Lanka Hospitals Diagnostics

Ceylinco Healthcare Services Limited (CHSL) recently sent Jayantha Gunaratne, a medical physicist at its Radiation Treatment Centre, for a training programme in Switzerland, arranged by Varian Medical Systems International AG, a global leader in Radi

While Sri Lanka healthcare is renowned to be one of the best in the region, the recent Easter Sunday attacks highlighted a major gap in need of urgent attention - emergency delivery of lifesaving medicine to people in dire need of help.

The Batticaloa factory of leading Sri Lankan apparel solutions provider, Brandix, is the world’s first manufacturing facility to achieve ‘Net Zero Carbon’ status. This signifies that the Brandix factory in Batticaloa has completely neutralised

Sri Lanka will host its first ever international logistics conference on August 1 and 2, 2019, in a bid to support the country’s aspiration to become a logistic hub in the region. Addressing a press briefing in Colombo yesterday, Shippers’ Academ

Softlogic Holdings PLC’s revenues rose and operating profits soared although the gains were erased by hefty interest expenses as the group has begun a de-leveraging exercise to rid the conglomerate of the clutches of heavy debt, which has been weig

Sampath Bank has announced the appointment of WSO2 fame Dr. Sanjiva Weerawarna to its director board as a Non-Executive Independent Director with effect from June 1, 2019. Dr. Weerawarna was the founder/CEO/Chairman of WSO2.

(Colombo) REUTERS: Sri Lankan shares fell for a third straight session on Tuesday and closed at their lowest in more than two weeks in dull trade, while the rupee ended slightly lower, market sources said. On Friday, the Central Bank cut its key int

(Colombo) REUTERS: A senior minister re-stated Australia’s tough border policy on a visit to Sri Lanka on Tuesday, amid reports that the Australian navy had intercepted and returned several boats carrying asylum seekers from the Indian Ocean isl

The Ceylon Chamber of Commerce yesterday urged the law enforcement authorities to maintain law and order in the country, fearing that the current events unfolding could disturb the peace among the communities.

The United Nations in Sri Lanka together with the National Policies and Economic Affairs Ministry launched UNLOCKED, an innovative and inclusive platform to support policy development.

To lure Indian tourists back to Sri Lanka in the aftermath of the Easter Sunday attacks, Sri Lanka Tourism will launch a campaign in India this month, offering attractive

Mahaweli Coconut Plantations Limited (MCPL) yesterday became the first company to be listed on the Colombo bourse, following a hiatus of nearly 15 months.

Prior to the beginning of the election cycle at the end of this year, Sri Lanka may tap international capital markets to borrow up to US $ 4.5 billion, including US $ 2 billion for debt repayment for next year, the Central Bank said.

Sri Lanka’s largest pension fund, the Employees’ Provident Fund (EPF), will hunt for bargain stocks in the Colombo Stock Exchange (CSE), eyeing capital gains under the Central Bank’s strengthened and decentralised investment operation mechanism

Once again hotel security comes under the microscope following the dastardly attacks by terrorists that left over 250 innocent people dead on Easter Sunday.

Biodiversity is the rich variety of life on Earth. It is nature’s unique design and comprises of our interconnections with the different types of flora and fauna estimated at 10 million plant and animal species that share our planet with us.

In the wake of the Easter Sunday outrage, several hoteliers came together to form the Sri Lanka Tourism Alliance, launching its #LoveSriLanka initiative. The alliance’s main focus is the creation of an enabling online platform and community to prom

Hambantota International Port (HIP) might be a relatively new destination on the world maritime map, but it is now becoming a safe haven for sailors in distress.

The Karadiyana Waste Management Project was held up for nearly a year due to delays in signing the Standardized Power Purchase Agreement (SPPA).

The International Chamber of Commerce of Paris recently recognized ICCSL for the Chamber’s positive contribution to local business community and for its innovative work . The winners were announced last week at a special session at the Permanent

The ‘Life Healing Centre’, led by a team of certified professionals to provide psychosocial support to those affected by the tragic incidents of 21st April 2019, was setup in Katuwapitiya, Negombo on May 18th by the ‘Rally to Care’ initiative

The most poignant scene in final episode of Game of Thrones was the discourse of Westeros leaders on future leaders of seven kingdoms. With Cersei, Jamie and Daenerys gone and Jon Snow jailed, it would not be an easy task. Probably as the former hand