Colombo Port City Economic Commission enters into agreement with International ADR Centre The Colombo Port City Economic Commission (CPCEC) yesterday announced it had entered into an agreement with the International ADR Centre (IADRC) to establish an

At a time when Sri Lanka is looking to restructure its state-owned enterprises (SOE), which continue to be a massive burden to the economy....

The government is planning to boost tax revenue by 1.2 percent of gross domestic product (GDP) by removing most of the Value-Added Tax (VAT) exemptions and abolishing the Simplified Value Added Tax (SVAT) methodology.

Taprobane Seafoods Sri Lanka and Direct Source Seafood USA have entered into a strategic partnership to produce, market...

Air China has announced that all bookings are open for its newly reinstated services between Colombo Bandaranaike,,,,

Honeywell International SARL has won a US$ 15.3 million contract to repair Honeywell Auxiliary Power Units (APUs) of SriLankan Airline’s ...

The Cabinet nod has been granted to ratify the Comprehensive Nuclear-Test-Ban Treaty (CTBT) after 27 years into signing...

The ASPI closed in red as a result of price losses in counters such as Expolanka Holdings, Aitken Spence and Vallibel One ....

The Gamani Corea Foundation (GCF) was set up by the internationally renowned late Dr. Gamani Corea in 2000 to take his passion...

The highly anticipated Construction Power and Energy Expo 2023 is set to take place from July 7 to 9, 2023, at the BMICH in Colombo. This event ...

In a landmark achievement, NDB has obtained the prestigious ISO27001:2013 certification, in an astounding four-month period....

Reaffirming its position as a market disruptor in the banking and financial sector of Sri Lanka, Sampath Bank is thrilled to announce...

UB Finance Co. Ltd, a premier licensed finance company in Sri Lanka, has been assigned a First-time National Long-Term Rating...

The Food and Agriculture Organization of the United Nations (FAO) through the European Union (EU)-funded BESPA-FOOD (Best Standardized Practices for the Agri-Food Sector) project will support the government to establish a well-coordinated food safety

BBC: Oil prices have risen after Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July. Other members of Opec+, a group of oil-producing countries, also agreed to continued cuts in production in an attempt to shore up flagg

At the invitation of the International Monetary Fund (IMF), the Ceylon Chamber of Commerce recently briefed the key representatives of the IMF on the recent economic developments in Sri Lanka and their impact on the country’s economic trajectory.

Key representatives of the globally-renowned philanthropy organisation Bill & Melinda Gates Foundation (BMGF), including Southeast Asia Lead for Policy and Government Relations and India Country Director Hari Menon, were in Sri Lanka last week, commi

The Sectoral Oversight Committee on Foreign Employment and Labour has instructed the official representing the Central Bank to submit a report on the investments made by the Employees’ Provident Fund (EPF).

The International Air Transport Association (IATA) yesterday announced that RwandAir CEO Yvonne Manzi Makolo has assumed her duties as Chair of the IATA Board of Governors (BoG) for a one-year term, effective from the conclusion of the 79th IATA Annu

Ceylinco Life yesterday announced the appointments of Ranga Abeynayake and Samitha Hemachandra as Chief Operating Officer (COO) and Deputy COO, respectively, following the creation of the two positions as part of the company’s leadership pipeline f

99x announced its consecutive four-year recognition as one of Sri Lanka’s Best IT/ITES Workplaces. This accolade underscores 99x’s unwavering commitment to fostering an exceptional work environment that promotes growth, innovation, and employee w

Sri Lanka’s apparel sector would face a major setback if it fails to renew the GSP Plus tariff concession from the European Union (EU), the Joint Apparel Association Forum (JAAF) cautioned, as the collective loss for the industry would amount to ab

India’s first cruise ship to Sri Lanka was flagged off from Chennai Port yesterday (June 5), Indian media reported.

The Sri Lanka Tourism Alliance (SLTA) launched its mini destination consumer marketing campaign ‘Fall in Love Again’ in October 2022.

Sysco LABS successfully concluded another cycle of the ‘Industry Reconnaissance & Engagement Programme’ in partnership with the University of Moratuwa recently.

hSenid Business Solutions PLC, the founding company of HRIS (Human Resource Information System), PeoplesHR recently appointed Luxsho Logan as their Vice President – Global Sales.

In today’s fast-paced landscape, understanding and embracing emerging technologies is not a luxury but a necessity. Recognizing this, SLASSCOM is excited to announce the return of the EmTech Conference for its second year.

A new analysis by International Air Transport Association (IATA) released this week showed that post-pandemic, unruly passenger incidents are on the rise.

The government is likely to review the decision granting public sector employees to work abroad for a five-year period, with the best performing employees in the public service leaving the country under the scheme potentially weakening the public ser

The months-long contraction in credit to the private sector somewhat moderated in April in a sign of bottoming out ahead of further easing in the interest rates in the months to come with the beginning of a monetary easing cycle set off last week.