The Sri Lankan government’s recent landmark initiative promoting the generation of electricity through renewable energy sources creating an energy self-sufficient nation has been widely commended.

Sri Lanka-Italy Business Council (SLIBC) of the Ceylon Chamber of Commerce has invited the Board of 

With fast tracking the Western Megapolis being the priority for an array of sectors, which are banking on it, a senior official of the US $ 40 billion project yesterday stressed its organisation and structuring require greater focus.

The Indian government is requesting Indian companies to invest in the Colombo Port, Indian High Commissioner in Sri Lanka Y.K. Sinha told a maritime forum in Colombo yesterday.   “We have encouraged Indian companies to invest in the expans

Prices of small cars below 1,000cc engine capacity may go up due to tariff increases in the upcoming budget, an official from the Vehicle Importers’ Association of Lanka (VIAL) said yesterday. “My personal feeling is that the tariffs of s

Leading knit fabric manufacturer Textured Jersey Lanka PLC has changed its name to Teejay Lanka PLC, the company informed the Colombo Stock Exchange yesterday. 

The majority shareholder of E-Channelling PLC, Senior Marketing System Asia (Pte) Limited, said it had accepted the voluntary offer made by Mobitel Private Limited to purchase its shareholding in the country’s first doctor channelling platform.

Sri Lanka’s national headline inflation, which captures the price movements across all provinces, rose 4.5 percent year-on-year (YoY) in August but decelerating from the previous month’s 5.8 percent, the data released by the Department of

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider recently announced  the launch of Dialog ViU (Video Unlimited), a revolutionary advancement in video entertainment for Sri Lankan consumers.  

Global Shapers from across South Asia will gather in Colombo for ‘Shape South Asia 2016’ kicking off today, with Finance Minister Ravi Karunanayake as the chief guest and Deputy Foreign Minister Harsha de Silva delivering the keynote addr

Jinasena (Pvt) Limited, one of the leading water management systems and solutions providers in Sri Lanka, has expanded business operations in Sri Lanka by venturing into domestic and industrial solar solutions under its renewable energy sector produc

There’s pest control, then there’s carbon neutral pest control. The Exterminators (Private) Limited – Sri Lanka’s most decorated and Asia’s only Carbon Neutral-certified pest control company, renewed its carbon neutral s

Closer to 100 corporate executives took part in the pre-brief seminar held recently at the Ceylon Chamber of Commerce to create awareness on the upcoming Best Corporate Citizen Sustainability Awards 2016, an annual event that recognizes the sustainab

REUTERS: The Sri Lankan rupee ended steady yesterday as a state bank sold dollars after the local 

REUTERS: Sri Lankan shares fell for a fourth straight session yesterday, led by large caps, as 

The Finance Minister Ravi Karunanayake will engage in an official tour of the Trincomalee district on 

The tea blending hub policy, which spring up from time-to-time, will require wide stakeholder approval 

REUTERS: Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) will incur a loss of about 

Asian Alliance Insurance PLC is to call an Extraordinary General Meeting (EGM) to obtain shareholder nod to change its name to Softlogic Life Insurance PLC.

Sri Lanka’s bilateral free trade agreements (FTAs) that are currently being considered have no liberalization of professionals, a senior official confirmed.

A visiting delegation representing the Communist Party of China (CPC) met with the officials of the 

GlaxoSmithKline said yesterday it had chosen its head of consumer healthcare, Emma Walmsley, as its new Chief Executive, after considering internal and external candidates.

REUTERS: A unit of India’s Adani Enterprises Ltd will buy the company that operates Australia’s 

One of the leading world milk industrialists, New Zealand, said that it will extend its full assistance to 

Special Assignments Minister Dr. Sarath Amunugama presided over a meeting to discuss the expansion 

The government is likely to allow the importation of 800,000 litres of the weed killer glyphosate essential for tea plantations starting from the next two to three months, Plantation Industries Minister Navin Dissanayake said recently at the Planters

The finance management field yesterday saw two of Sri Lanka’s leading accounting professional bodies joining hands in an effort to further push and encourage the stream in the country.

Imported food products manufactured using banned ingredients are seen flooding into the local market risking the health of the Lankan consumer but the authorities have done little to nab those unscrupulous traders, the association representing the co

A delegation from the China Council for the Promotion of International Trade (CCPIT) of Shanghai Sub Council visited the Ceylon Chamber of Commerce (CCC) recently.

The Browns group subsidiary, Palm Gardens Hotels PLC (PALM), is to become the latest entrant to the Maldivian tourism scene with the company planning to construct three resorts in the Indian Ocean archipelago with an investment of US $ 110 million.