Tourism Minister John Amaratunga declared open the 7th Edition of the ‘Sancharaka Udawa’ exhibition at the Sirimavo Bandaranaike Memorial Exhibition Centre yesterday. Picture shows the Minister and Sri Lanka Tourism Authority’s Chai

REUTERS: Sri Lankan shares rose to a one-year closing high yesterday, led by banking and diversified stocks, on continued foreign buying.

Sri Lanka Ports Authority commenced its support to the development of the tourism industry from Dondra. 

The Board of Investment of Sri Lanka organized a briefing seminar for members of the tour guide profession at the BOI’s Auditorium in the World Trade Centre recently.

The month of May in Sri Lanka is celebrated as the month of ‘light’ with the commemoration of the Vesak festival. A common sight is a collection of colourful lanterns that adorn homes and the elaborate pandols that are erected in city cen

Strathspey Estate, Upcot, which is situated in the Maskeliya area, owned by Richard Pieris Group of Companies and managed by Maskeliya Plantations PLC, celebrated its factory’s 90th anniversary recently by conducting a lot of religious activiti

Unipower Chairman and self-made, successful entrepreneur Jayantha Mangala Rajapakse recently announced the release of the English translation of his autobiography, Amawaka Anduru Ne, a compelling and heart-warming story of inspiration and hope. 

The national mobile service provider, Mobitel’s Cash Bonanza Montero Extravaganza programme is in top gear for the third month in the year 2017. The lucky winner of the Cash Bonanza Montero Extravaganza for the month of March 2017 was announced

Dentsu Aegis Network India has bagged the highest tally of metals as a group at the Creative Abbys at the Goafest 2017 edition.

After pushing the government to raise the Value Added Tax (VAT) last year, it now appears that the International Monetary Fund (IMF) wants the new income tax bill to be presented to parliament before June this year to release the third tranche of the

National carrier, SriLankan Airlines, said yesterday it incurred a group net loss (before finance and one-off charges) of Rs.6.49 billion (US $ 15.2 million) for the financial year (FY) 2016/17 amid difficult market conditions. 

The Colombo Stock Exchange (CSE) yesterday announced the appointment of Ray Abeywardena as the Chairman of the board of directors of the CSE with effect from May 5, 2017. 

After two months of negative growth, tourist arrivals to Sri Lanka rebounded 17.5 percent year-on-year (YoY) this April to reach 160,249 tourists, following the resumption of normal operations at the 

REUTERS:  Sri Lankan shares ended firmer yesterday, helped by foreign buying in blue chips, after the International Monetary Fund said it may consider the country’s request for a second loan review.

Sri Lanka tea sale averages for the month of April 2017 recorded Rs.648.52 (approx.US$ 4.27) compared to Rs. 429.76 (approx. US$2.98) in the same month last year, according to data compiled by Ceylon Tea Brokers PLC.  

REUTERS: The Sri Lankan rupee ended slightly higher yesterday as exporters sold the dollar and a statement from the International Monetary Fund (IMF) that it may review the country’s request to complete a second loan review boosted the sentimen

Sri Lanka has tightened the final guidance to 6.25 percent area, plus or minus 5 basis points, for its proposed 10-year US dollar bond.

Sri Lanka’s premier trade chamber, the Ceylon Chamber of Commerce (CCC), yesterday called on the government to launch a targeted and accelerated programme to support the sectors capable of expanding their exports to the European Union (EU) in t

Dreamron, Sri Lanka’s premier brand of cosmetics and the largest exporter of hair and skin cosmetics launched its product range at the Hledan Center in Yangon Myanmar amid a large and distinguished gathering, last month. 

The European Union (EU)-Sri Lanka Investor Dialogue meeting was held at the Development Strategies and International Trade Ministry yesterday.

Leo Burnett Asia-Pacific recently was ranked the third most awarded agency at AdFest 2017, which took place in Thailand. 

Foreign investors already registered to take part in the upcoming Sri Lanka Investment and Business Conclave 2017 have shown interest in the areas of agriculture, export manufacturing, infrastructure development, port development, power and energy, t

The Centre for Indo-Lanka Initiatives of the Pathfinder Foundation, in partnership with New Delhi-based Carnegie India and Vivekananda International Foundation, conducted a conference aimed at enhancing connectivity between India and Sri Lanka last w

Tourist arrivals to the Maldives, where several Sri Lankan hospitality companies have set up operations, fell 2.1 percent year-on-year (YoY) in March 2017 to 112,665 tourists, while increased arrivals for the first three months of the year were weigh

The National Development Bank PLC group (NDB) reported earnings of Rs.737.5 million or Rs.4.46 a share for the January – March (1Q17) quarter, up 35 percent year-on-year (YoY), the interim financial accounts released to the Colombo Stock 

The National Chamber of Commerce (NCC) in association with the Colombo Stock Exchange (CSE) will hold a seminar on CSE proposed amendments to listing rules on Friday, May 19, 2017, from 9:30 a.m. to 11:30 a.m., at the National Chamber Auditorium, No:

Amana Bank PLC, Sri Lanka’s first non-interest-based Islamic bank, which was in extensive talks with some prospective foreign parties to obtain fresh capital, now appears to have returned to its own shareholders, seeking support to meet the int

One year into the construction of the Laugfs LPG import and export terminal in Hambantota, the first phase with a 30,000 metric tonne (MT) capacity is progressing well on schedule to be commissioned by the first half of the 2018 financial year as pla

The report for the development in Asia and the Pacific region is scheduled to be handed over to the United Nation with the patronage of Sri Lanka. 

Myshop.lk, one of Sri Lanka’s youngest and fastest growing e-commerce websites, was recently ranked as the 8th best e-commerce brandand one of the top 3 in retail services in Sri Lanka by LMD’s Brands Annual 2017 Edition.