The Cabinet nod has been granted to draft a fresh combined law on insolvency, replacing the outdated and scattered insolvency laws currently in force.

The ASPI closed in green as a result of price gains in counters such as Browns Investments, Melstacorp and Sampath Bank with the turnover crossing Rs 2.2 Bn. Similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor p

The tourism stakeholders will be able to make more informed decisions going forward, as efforts are underway to launch a dashboard that will provide timely statistics on performance.

The sluggish performance of Sri Lanka’s merchandise exports continued for the fifth straight month in May, as Sri Lanka’s main industrial export, apparel and textile products, dipped amid the slowdown in demand from the key markets.

President Ranil Wickremesinghe on Tuesday said the foreign creditors are expected to contribute US $ 17 billion towards the country’s debt restructuring efforts, within a five-year period and the domestic creditors should also make their due contri

The Sri Lanka Export Development Board (EDB) yesterday said the 25th Presidential Export Awards (PEA) ceremony will be held...

Sri Lankan banks which took little interest towards deposits when interest rates were going up appear to have suddenly woken up to aggressively cut rates on such deposits when the rates are on their way down, leaving the hapless savers devastated fro

Both PickMe and the BMICH managements have decided to make a seamless process for customer pick-ups and drop offs at the BMICH....

Backed by 40 years of trust, technical expertise and an impeccable reputation for after-sales service, David Pieris Group has entered....

President Ranil Wickremesinghe yesterday said foreign creditors are expected contribute US$ 17 billion towards the country’s debt restructuring....

Nuseir Yassin, an Arab-Israeli vlogger who creates content under the ‘Nas Daily’ banner, is expected to create three videos to promote...

The Cabinet nod has been granted to enter into an agreement with the World Bank (WB) to borrow US$ 500 million in budgetary support ....

The Cabinet nod has been granted to draft a fresh combined law on insolvency replacing outdated and scattered insolvency laws currently...

The Ceylon Chamber of Commerce yesterday highlighted the importance of patience and trust in the ongoing domestic debt restructuring...

The government has decided to proceed with Thailand-based Sutech Engineering’s US$ 400 million sugar development project....

The government has decided to establish a separate authority named Gambling Regularisation Authority to regulate the country’s gaming....

The Cabinet has cleared the path for United Arab Emirates (UAE)-based Capital Investment LLC to invest US$ 25 million to build a hotel complex....

The Chamber of Young Lankan Entrepreneurs (COYLE) held a crucial meeting at the Labour Department with Labour Minister Manusha....

BCS The Chartered Institute for IT Sri Lanka Section (BCSSL) elected its new leadership for the year 2023/2024, at the Annual General Meeting...

Lak Arcade Ltd and CHEC Port City Colombo Ltd this week announced that they have signed an agreement to operate a novelty....

The Ceylon Chamber of Commerce (CCC) urges all political parties and stakeholders concerned to act with responsibility and await the finalization of the proposed debt restructuring plan.

Nuseir Yassin, an Arab-Israeli vlogger who creates content under the ‘Nas Daily’ banner, is expected to create three videos to promote Sri Lanka for tourism and investment.

Colombo Textiles Group of Companies concluded their ‘Shop & Win’ Avurudu promotion which ran from 8th to 30th April at several retail stores across the country. The prize distribution ceremony for the event was recently held at the Cinnamon Grand

The Capital Maharaja Group (CMG) celebrated its achievements in supporting Sri Lanka’s economic and social progress during turbulent times, with the Group Review and 43rd Executive Of The Year awards ceremony at Stein Studios in Ratmalana on June 1

Nestlé Lanka’s signature community development programme, the Nestlé Coconut Plan was expanded recently, benefiting 500 rural families in the Central Province.

Skills Advertising & Marketing (Pvt) Ltd, one of Sri Lanka’s oldest advertising agencies, is celebrating its 30th year in the industry. The company, founded by Sri Sangabo Corea and currently led by Chairman and Managing Director - Ananda Samarasi

Praveena Perera – Associate Vice President & Group Account Director from MullenLowe was recognised as an emerging woman leader and is this year’s recipient of the award for ‘Leadership in the field of Advertising & Public Relations Sector’ at

Phoenix Industries announced the opening of its newest branch in Battaramulla. This expansion aims to provide easier access to Phoenix’s diverse range of products for customers residing in Colombo, Battaramulla, Malabe, Pelawatta, and Thalawathugod

Diversified conglomerate DIMO has announced the realigning of its power and energy operations under the new brand identity DIMO Energy which operates in three main pillars High Voltage Power Solution, Medium Voltage &Low Voltage Power Solutions and R