Sri Lanka and Thailand are engaged in expedited negotiations for a free trade agreement (FTA) to enhance bilateral trade, facilitate trade activities and promote investments. The two nations aim to complete the discussion rounds by the beginning of

The tourism industry in Sri Lanka is gearing up for an exciting series of events to celebrate World Tourism Day 2023, which falls on September 27, 2023. The Sri Lanka

Emirates and Maldivian have announced an interline partnership, enabling Emirates customers to access 16 popular holiday destinations in the Maldives beyond Malé. The agreement suc

CFA Society Sri Lanka has commenced the local leg of the CFA Institute Global Research Challenge that was officially inaugurated at the Colombo Stock Exchange, on September 13, 2023. The Research Chall

Port City Colombo took centre stage as the Gold sponsor of the prestigious i3 Summit by Khaleej Times in Dubai, which was held under the theme, ‘Redefining Innovation, Inspiring Change and Shaping the Future of Business’. This key sponsorship st

Investment Promotion State Minister Dilum Amunugama is currently on an official visit to the People’s Republic of China. As a country, China is the largest foreign direct investor in Sri Lanka. China has contributed to uplifting the foreign direct

The Financial Intelligence Unit (FIU) of Sri Lanka in its recent sanitised report of the 2021/22 National Risk Assessment (NRA) on Money Laundering and Terrorist Financing (ML/TF) has assessed the overall risk for the country as medium.

Diversified conglomerate, Hemas Group Sri Lanka, has taken a significant step towards expanding its global footprint, and is looking at Africa. To explore prospects in this regard, a high-profile delegation from Hemas, led by Kasturi Chellaraija Wils

Sri Lanka’s tea sector yesterday joined the bandwagon in welcoming the decision made by the government to defer the SVAT removal. In a statement to the media yesterday, the Tea Exporters Association (TEA) was relieved over the government decision t

In the digital age, creativity has found a new canvas on TikTok, the global shortform video platform that has captured the world’s imagination. However, with the surge in creativity comes the need for guidelines that ensure a safe, inclusive,

Sri Lanka has welcomed over 46,000 tourists in the first two weeks of September, the provisional data from the Sri Lanka Tourism Development Authority showed.

Sri Lanka will soon find the status of the progress made in its reform efforts, with the International Monetary Fund (IMF) all set to kick off the review process today.

The South Asia E-commerce Summit, a dynamic platform for industry leaders, innovators, and entrepreneurs, is set to bring together visionaries from the e-commerce and technology sectors. This summit, with a special focus on technology and innovation

Sysco LABS, the captive innovation center for Sysco, the world’s largest foodservice company, recently moved up 31 places in LMD’s ‘Most Respected Entities in Sri Lanka’ list for 2023. The technology corporate has risen to the 62nd spot in th

Nano Oil Plus - introduced by Japan using nanotechnology, and making new breakthroughs in the automobile industry at present- has now been introduced to Sri Lankan consumers through the Eco Tablets dealer network. Using Nano Oil Plus can increase t

Dialog Enterprise, the leading ICT solution provider in the country has announced its collaboration with Kotelawala Defense University (KDU) to embark on a transformative digital journey. Through the implementation of Dialog Edumix, an innovative Le

Mobil Delvac, a renowned leader in advanced heavy-duty lubricants announced the relaunch of its engine oil lineup with enhanced performance and a brand-new look. This relaunch introduces two exceptional products specifically designed for diesel engi

In a groundbreaking achievement, Sri Lankan battery manufacturer Leader Group, Has set a new industry benchmark by receiving the first locally produced high-tech Battery Capacity Tester from the Arthur C. Clarke Institute for Modern Technologies (ACC

SLT Digital Services (Pvt) Limited (SLT-DIGITAL), the emerging marketing and digital engagement solutions arm of Sri Lanka Telecom PLC (SLT-MOBITEL group) announced the launch of its latest offering, the online directory, Automobile.LK. This digital

Sri Lanka’s Gem & Jewellery sector has a vast potential to increase foreign exchange earnings to achieve the export targets and the sector is identified as one of the key foreign exchange earners in the country. Considering the importance of streng

The 44th National Conference organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is to offer an exciting line-up of insightful technical sessions, making it an important platform for thought-provoking discussions, and insp

Anagram, a company with Sri Lanka roots affiliated to Kerner Norland which is headquartered in the US inked a collaborative partnership with Amazon Web Services recently, the world’s leading cloud computing platform. With a strong global presence

The Ceylon Chamber of Commerce (CCC) yesterday welcomed the decision by the government to defer the implementation of the Simplified Value-Added Tax (SVAT) scheme to April 1, 2025. The bill, which provided to repeal SVAT, effective from Janu

BBC: France has ordered Apple to stop selling the iPhone 12 for emitting too much electromagnetic radiation. On Tuesday, the French watchdog which governs radio frequencies also told the tech giant to fix existing phones. The ANFR has advised Apple t

CNN: The European Union is launching an investigation into China’s state support for makers of electric vehicles as soaring imports of their cars stoke fears for the future of European auto manufacturers. Speaking to the European Parliament yesterd

A report on the anti-corruption landscape of Sri Lanka released yesterday called for quarterly publication of a revenue report, detailing the changes to the revenue measures that might result in an annual revenue loss of 0.1 percent of GDP. The Civi

The government announced this week that offers for 37 percent of the aggregate outstanding principal amount of eligible bonds have been accepted. This indicates the possible completion of the Domestic Debt Optimisation. The announcement came just day

Capital market regulator, the Securities and Exchange Commission of Sri Lanka (SEC), yesterday announced the approval of the creation of a separate listing board and listing rules at the Colombo bourse to facilitate the entry of state-owned enterpris

Union Assurance, Sri Lanka’s formidable life insurer, is proud to announce its exceptional financial performance for the first half ....

HNB General Insurance (HNBGI) embarked on a new chapter with the relocation of its Kandy branch to a prime and more accessible....