Ceylon Biscuits Limited (CBL), recognised as a Sri Lankan confectionery and food manufacturing conglomerate, has taken the initiative to embrace new technologies and development methodologies...

The International Monetary Fund (IMF) agreement states to reduce the state enterprises making losses and to maintain cost recovery in electricity pricing. This would mean that the state enterprises should....

SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia and offer customers extensive connections across the land down...

In a testament to its unwavering appeal and remarkable quality, 808 Regency has successfully sold an impressive 52 percent of its inventory in just one month. This milestone...

Dr. Ruchitha Perera was appointed as Executive Director of the Family Planning Association of Sri Lanka (FPA), with effect from October 1, 2023. Announcing his appointment....

CMA Professional Excellence Awards were presented to several top accounting professionals, who have contributed to the accounting profession and excelled in their professional and business career. The awards were...

The International Monetary Fund (IMF) has recommended sixteen priority actions in its recently released Governance Diagnostic Assessment (GDA) on Sri Lanka to address systematic and severe governance....

The Cabinet of Ministers this week gave approval for the establishment of a National Debt Management Institute.

A local tourism industrialist stated that the government’s imposition of minimum meal rates for Sri Lankan hotels could be unrealistic and potentially has adverse effects on the tourism industry.

The charity establishments that work towards the wellbeing of children will soon be provided with tax relief with the Cabinet of Ministers having approved this week the amendment of the Inland Revenue Act to accommodate the changes.

Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without....

As Sri Lanka plans to join the Regional Comprehensive Economic Partnership (RCEP), President Ranil Wickremesinghe emphasised the....

Headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), decelerated to 1.3 percent....

Finance State Minister Shehan Semasinghe earlier this week held a meeting with Faris Hadad-Zervos, who serves as Country Director...

Sri Lanka will enter into a loan agreement with the Asian Development Bank (ADB) for a policy loan amounting to US $ 200....

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Sampath Bank and C T Holdings...

Axiata Digital Labs (ADL), the technology hub of Axiata Group Berhad, has announced the opening of two new offices in Indonesia...

In a collective move to fortify the digital skills pipeline, Huawei, the ASEAN Foundation, and the Southeast Asia Ministers ....

The World Summit of the International Federation of Purchasing and Supply Management (IFPSM), was held in Florence....

Colombo this week witnessed the grand arrival of Perago, a premium furnishing retailer. The esteemed brand....

USAID Sri Lanka Energy Programme has collaborated with the Jetwing Colombo Seven, to usher in a new era of environmentally ....

A high-profile delegation from Sri Lanka, led by Labour and Foreign Employment Ministry Secretary R.P.A. Wimalaweera, embarked on a four-day study tour to Indonesia, from September 4-7, 2023.

The 44th National Conference, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), has received....

Despite total merchandise export income surpassing US$ 1 billion, the export lag persisted into August, primarily attributable to the lackluster performance of Sri Lanka’s largest industrial export sector, apparels & textiles.

Cabinet of ministers this week approved the draft Appropriation Bill for 2024, and President Ranil Wickremesinghe, who is also the Finance, Economic Stabilisation and National Policies Minister will deliver the budget on November 13.

Daraz Group, South Asia’s leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka and Nepal, yesterday announced that Rakhil Fernando, Chief Corporate Affairs Officer (CCAO) and previously Managing Director of Daraz Sri Lanka, was chosen as

In a historic milestone, Sri Lanka witnessed the grand unveiling of its very first centrally-monitored, fully-automated, women-operated Lanka IOC (LIOC) filling station, recently.

Singer Sri Lanka PLC has announced the revamping of its Colombo Service Centre, reaffirming the brand’s dedication to providing exceptional services to its valued customers. The new facility located in Borella aims to redefine the customer service

Exterminators PLC, Asia’s first Great Place to Work-certified pest management company, announced that it has been certified as a Great Place to Work for the second year in a row. This achievement reaffirms its commitment to creating an environment

Pee Bee Management Services (Private) Limited, the undisputed market leader in soft disposable tissue paper products proudly made in Sri Lanka and marketed under the popular household brand Flora Tissues, held an event recently to celebrate the 40th