Indices closed in red as a result of price losses in counters such as Commercial Bank, National Development Bank and Melstacorp....

Despite Sri Lanka making the Indian rupee (INR) a designated currency in August and several local banks opening up INR nostro accounts, the demand for INR among Lankan importers and exporters remains tepid, according to Central Bank Governor Dr. Nand

The Ceylon Motor Traders Association (CMTA), the senior most automotive association in Sri Lanka, recently held another CMTA Stakeholder Breakfast Forum at the Hilton Colombo Residencies.

Minister of Ports, Shipping, and Aviation Nimal Siripala de Silva yesterday announced that the high-speed passenger ferry....

The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) held its 42nd Annual General Meeting on September 15th at the Shangri-La ...

Ports, Shipping and Aviation Minter Nimal Siripala de Silva yesterday said Sri Lanka’s main airport, Bandaranaike International Airport (BIA) in Katunayke, has made a profit of Rs.22 billion for the January to August period.

The Nobel prize in economics was yesterday awarded to American economist Claudia Goldin for research that has helped understand...

President Ranil Wickremesinghe has appointed a board of directors for the Sri Lanka Personal Data Protection Authority, comprising seven...

The Sri Lanka Tourism Development Authority (SLTDA) has announced that no further extensions will be granted for liquor licences and...

Oil prices surged more than 3 percent yesterday as military clashes between Israel and the Palestinian Islamist group Hamas....

Kandy Hotels Company PLC, a member of Galle Face Hotel Group of Companies, yesterday said it has initiated a Rs.250 million refurbishment....

The acquisition of Air India by Tata Group and their order for 250 Boeing 777 aircraft present the national carrier SriLankan Airlines...

Commemorating a landmark journey, Mundra Port is celebrating 25 years of path-breaking operations, highlighting its expansion...

US Ambassador to Sri Lanka Julie Chung said Sri Lanka will have to face special challenges in digitalization using new technology; more...

Hankook Tire, Korea’s premier tyre brand and a global force among the top 7 brand in the world, is now accessible to more motorists...

The Securities and Exchange Commission of Sri Lanka (SEC) and CFA Society Sri Lanka (CFASSL) recently joined forces to host a workshop....

Sri Lanka may need additional policy support and favourable economic environment to create more job opportunities Sri Lankans ....

As part of their continuing efforts to strengthen market standards and investor confidence, officials of the Securities and Exchange Commission ....

Credit card users were seen gradually swiping their cards, perhaps in a sign of slow pickup in consumer spending after the inflation eased...

The Central Bank expects the demand for credit to grow by the end of this year with the seasonal demand and a more meaningful recovery....

Higher workers’ remittance inflows continue to cushion Sri Lanka’s balance of payments with September recording remittances inflows ....

The long-term insurance sector in Sri Lanka witnessed its lowest premium income growth rate in five years, with a year-on-year...

The US economy added an estimated 336,000 jobs last month, blowing expectations out of the water, according to Bureau of Labour ....

Aimed at playing a pivotal role in helping the country navigate through the ongoing crisis and seize emerging prospects to help revive....

People’s Bank proudly celebrated the achievements of outstanding students who secured the top positions in the G.C.E. Advanced Level ....

British High Commissioner to Sri Lanka Andrew Patrick met with Board of Investment (BOI) Chairman Dinesh Weerakkody, Investment ....

The Sri Lanka Retailers’ Association (SLRA) is set to host the retail industry’s premier knowledge event, Sri Lanka Retail Forum 2023....

Commercial Bank of Ceylon has won two top awards at the 2023 Payment Partner Performance Awards of Daraz, South Asia’s largest ecommerce....

SDB bank, in line with its unwavering commitment to sustainability and environmental, social and governance (ESG) principles, has taken....

LOLC Finance, Sri Lanka’s leading non-banking financial institution (NBFI), takes immense pride in the successful launch of two new...