The Jaya Container Terminal (JCT), owned and operated by Sri Lanka Ports Authority (SLPA), has recorded steady growth in operating volumes since October 2017.  Accordingly, container operations at the JCT have increased by 5.3 percent in October

Green Watts (Pvt) Ltd announced plans to construct the first 10 MW dendro power plant in Sri Lanka at Kalawaaragama in the Moneragala district.  The power plant is scheduled to be commissioned in September 2018. 

REUTERS:  Sri Lanka’s President said on Friday that more than US $58 billion, or 90 percent, of foreign loans borrowed by the previous government was unaccounted for in Finance Ministry records.

On 19th January 2018, Singer (Sri Lanka) PLC instituted an intellectual property action bearing no. HC (Civil) 05/2018/IPin the Commercial High Court against Tissa Nagodavithana (Pvt) Ltd alleging that an unlawful demand has been made on Singer (Sri

A breakthrough in the Ceylon black pepper gridlock came this week as Sri Lanka suddenly abolished its long practiced, slow export clearance timeline on its reputed king of spices along with an announcement that the Commerce Minister himself is planni

The Pathfinder Foundation in collaboration with the Institute of South Asian Studies (ISAS) of the National University of Singapore (NUS) is planning to organize a one-day joint symposium on “The Belt and Road Initiative: the Politics, Potentia

Many experts had predicted economic chaos in the event of a Brexit vote in the nation’s 2016 referendum, but this has so far failed to materialise. Britons narrowly voted to leave the European Union, with departure scheduled for March 2019.

AFP: Mexico’s tourism minister this week proposed legalizing recreational marijuana use in Baja California Sur and Quintana Roo, two of the country’s most popular states for tourists.

AFP: The dollar edged back down in Asia yesterday as a Donald Trump-inspired surge petered out with analysts tipping the US unit to continue weakening. The resumption in the greenback’s sell-off reversed early gains in Tokyo, which ended down f

REUTERS: Sri Lankan shares rose for a third straight session to hit a two-week closing high yesterday, led by telecom shares, but trading was dull as investors waited for direction amid political concerns over local-government elections next month, d

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars in dull trade, dealers said. 

In a world where life is a rat race, a good cup of coffee has gradually evolved into a vital part of our lives. Everyone from workaholics to students and even the artistic ones often look to a finely brewed cup of coffee to provide them with a boost

The Colombo Municipal Council (CMC) together with Jetwing Hotels, Janasakthi Insurence, Expo Property Developers, Harpo, Hayleys, AIA Insurance, Richardson and Abans will install 1000 litter bins in an effort to keep the Colombo city streets clean.

As the official banking partner for the Fairway Galle Literary Festival scheduled from January 24 to 28, 2018, DFCC Bank’s customers can look forward to enjoying a range of literary-related events at the festival. 

Samsung Sri Lanka, the country’s biggest and most trusted smartphone brand, today launched Galaxy A8+

LPG retailers in Sri Lanka have been compelled to increase the price of a domestic gas cylinder due to global LPG gas price hikes that has been ongoing since October 2016.   

Singapore Trade and Industry Minister S. Iswaran this Wednesday paid an onsite visit to the Colombo City Centre (CCC), a joint venture project between Sri Lanka’s Abans group and Singapore’s Silver Needle Hospitality.

Vice-Chancellor of University of Sri Jayewardenepura Professor Sampath Amaratunge recently said companies, products and individuals including professionals must harness their uniqueness or else face failure. 

The World Bank controversy on the Ease of Doing Business Index rankings has spilled over into Sri Lanka with the World Bank contradicting a statement by Central Bank Governor Dr. Indrajit Coomaraswamy that Sri Lanka would be receiving a higher rankin

REUTERS:  Oil hit US $71 a barrel yesterday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar.

REUTERS: The Sri Lankan rupee ended firmer yesterday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars, dealers said.

A group of representatives of the Japanese Chamber of Commerce and Industry (JCCI) Economic Mission, who visited Sri Lanka to explore new business and investment opportunities, met with President Maithripala Sirisena at the President’s Official

The Sri Lanka Association of Inbound Tour Operators (SLAITO) has produced a detailed report on how to optimally manage the issue of over-visitation to the Yala National Park and protect the interests of all stakeholders. 

President Maithripala Sirisena and visiting Indonesian President Joko Widodo have drawn their attention towards signing a Free Trade Agreement (FTA) to promote bilateral trade between the two countries, President Sirisena’s media division said.

The Sri Lanka Association of Inbound Tour Operators (SLAITO) at recent meeting with the Hon Minister of Tourism

With an initial investment of US $ 3 million from both sides (on equipment and infrastructure), Sri Lanka’s Credence Genomics and India’s Apollo Hospitals Group initiated a platform that would bring the areas of healthcare, biotechnology

Jaffna International Trade Fair (JITF 2018), the largest Consumer Exhibition and Trade Fair in the fast-growing northern region of Sri Lanka, opens today (26th) and will go on till the 28th for the 8th consecutive year. 

The FIFA World Cup™ Trophy was officially handed over to H.E. Maithripala Sirisena - President of the Democratic Socialist Republic of Sri Lanka 

Starting the year on an aromatic note, the grand finale of the Biryani Challenge organized by Knorr, in partnership with Keells Super

Diversified conglomerate Softlogic Holdings PLC with interests in retail, ICT, healthcare and financial services, automobile and leisure, yesterday announced plans to raise little over Rs.7 billion via a private placement and a rights issue to restru