Sri Lanka’s manufacturing activities continued to contract in the month of September, amid sluggish consumer demand and increased availability of imported good in the market at competitive prices, presumably due to the phased lifting of imp

The tourist arrivals to the island nation for the first two weeks of October crossed the 50,000 mark, the provisional data from the Sri Lanka Tourism Development Authority showed. Between October 01 and October 15, Sri Lanka received 50,395 int

Commercial Credit and Finance PLC (CCF) yesterday said it entered into an agreement for the acquisition of a 19.99 percent stake in Mega Pay (Pvt.) Ltd (Pay & Go), on October 10, 2023, for a consideration of Rs.180 million. At the time of execu

President Ranil Wickremesinghe yesterday addressed a full-house audience in Beijing, China, encouraging them to consider investments in Sri Lanka. He delivered his speech at an investment seminar jointly hosted by the Board of Investment in Sri

Continuing its unwavering mission of advancing the green economy, Citizens Development Business Finance PLC (CDB) recently launched....

Building on the success of the recent product launch, HNB General Insurance carried out an island-wide street promotion campaign to take the....

MendisOne recently celebrated 25 years of prosperity as one of Sri Lanka’s most compelling businesses built on trust, reliability, and ....

In honour of Children’s Day on 1st of October, Orel Corporation embarked on an admirable venture dedicated to enriching the educational....

Laugfs Eco Sri Limited, a subsidiary of Laugfs Holdings announced its certification as a Great Place to Work (2023-24), reinforcing its commitment....

The transportation landscape in Sri Lanka is poised for an extraordinary transformation with the introduction of HaulMatic. Fueled by artificial....

The strategic partnership between Sri Lanka’s diversified conglomerate Hunas Holdings PLC, visionary hotelier Adrian Zecha...

Although numerous news reports suggest China’s infrastructure-focused Belt and Road Initiative (BRI) is at a crossroads....

The Joint Apparel Association (JAAF) has noted a growing trend in Sri Lanka’s apparel manufacturing sector, with more companies....

Maria Fernanda Garza, the Chair of the International Chamber of Commerce (ICC), is set to visit Sri Lanka on October 18, 2023. The ICC...

Big Tobacco firms, including British American Tobacco (BAT), are selling heat sticks made from nicotine-infused substances such...

Indices closed in red as a result of price losses in counters such as Commercial Bank, Sampath Bank and Melstacorp with the turnover....

Sri Lanka will not be looking to impose new taxes on people in the upcoming budget to boost government revenue to meet the International Monetary....

Group Chief Financial Officer and Head of ESG of the Hayleys Group, Milinda Hewagama was recently appointed to the Board of the United ...

Microsoft has completed its US$ 69 billion takeover of Call of Duty maker Activision Blizzard in the gaming industry’s biggest ever...

The passenger ferry service between India’s Nagapattinam and Kankesanthurai in Jaffna, which experienced a nearly six-month delay...

Overshadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual....

Sri Lanka has a long journey ahead in its anti-corruption efforts, which require professionals in the financial sector to elevate their vigilance...

Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) ratings of seven Sri Lankan insurers and removed them from Rating....

Moose Clothing Company, a leading name in Sri Lanka’s fashion industry said it is taking decisive legal actions against counterfeit sellers...

The American Chamber of Commerce in Sri Lanka (AmCham SL), part of the world’s largest business organisation and network, the US Chamber....

The Colombo Stock Exchange (CSE) conducted a series of virtual workshops and intends to continue more workshops on regulated....

Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Council Member Tishan Subasinghe was elected last week to serve...

The Sri Lanka Retailers Association (SLRA) is proud to announce its upcoming role as the host nation for the highly anticipated Federation...

Three million tourists are set to visit our shores next year. We will issue nearly as many online visas – millions too many. ETAs are a tourist’s...

Jetwing Yala, a sanctuary nestled between the Indian Ocean and edge of Sri Lanka’s most popular wildlife park, has once again clinched....