Sri Lanka should immediately look at banning sale of single-stick cigarettes if it is serious about reducing the smoking prevalence in the country, a new study by the Institute of Policy Studies (IPS) revealed.

Sri Lankan exporters will be able to obtain the ‘Country of Origin’ certification much faster with the International Trade Center (ITC) presenting to the Ministry of Trade and Commerce a new electronic system for the same.

Hemas Holdings PLC is looking expand its presence in consumer and healthcare segments, as the corporate behemoth remains acquisitive in the two fields.

In a major move to gain trust and cooperation of its foreign creditors, Sri Lanka yesterday expressed its willingness to include rupee debt in the debt restructuring exercise.

Singapore Airlines (SIA) commenced operation of Boeing B787-10 Dreamliner between Colombo and Singapore on March 27.

Sri Lanka Telecom PLC yesterday announced the appointment of Reyaz Mihular to its board as an independent non-executive director with effect from March 30, 2023.

The use of Indian rupee (INR) in Sri Lanka-India bilateral trade is facilitating traders from both countries to cut transaction costs by over 50 percent while enabling same day trade settlements.

​Sri Lanka expects to conclude the discussions with its creditors-both official and private-and reach a debt relief deal by the first review of the International Monetary Fund (IMF) programme that received Executive Board approval early last week.

The credit card balance, a distant proxy for consumer spending, bucked the recent trend to show a decline in January, reflecting some pullback in spending amid higher interest rates and inflation.

Sri Lanka is negotiating with the International Finance Corporation (IFC), a member of the World Bank Group, to seek its service as transaction advisor for the sale of the government’s stakes in several state-owned enterprises (SOEs).

Sri Lanka’s automobile industry is requesting the government to consider a quota system for vehicle imports for its survival and the livelihoods of over 100,000 people, who are directly or indirectly employed by it.

The Treasury bill yields continued to ease, extending their months-long descent, reflecting that the government securities yields, which rose to extreme high levels, had more room to run their downward course before a pivot in the monetary policy.

The Sri Lankan companies that are currently exporting and are looking to export to the European Union (EU) will have to step up their efforts in adhering to environmental protection practices, as they are being made a key requirement for trade.

The fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement (SLTFTA), which is to be signed next year, concluded yesterday.

The Central Bank yesterday reiterated the risks of using and investing in cryptocurrency, considering the recent public inquiries and the developments observed relating to cryptocurrencies, which are also commonly referred to as ‘crypto’.

Dilmah Tea is threatening to pull its popular products from the supermarket shelves in Australia amid a bitter price dispute with Coles and Woolworths, Australian media reports said.

CMS, one of the best-established IT companies in Sri Lanka, celebrated its 25th anniversary with a gala celebration on March 7, 2023, at the Lotus Ballroom, Shangri La Colombo. The Director-General of BOI, Renuka Weerakone, graced the occasion as Gue

Sri Lankan consumers voted Dialog as the ‘Telecommunication Brand of the Year’ for a record twelfth year running at the SLIM-KANTAR People’s Awards 2023. Voted for by the public to recognise brands that have made a profound impression in the mi

Duzzcall, an innovative patented Sri Lankan start-up, is geared to revolutionize local and international communication in the country by allowing business subscribers to use traditional office phone lines free-of-charge, simply by using data calls.

ViewSonic Corp., a leading global provider of visual solutions, has launched the ColorPro VP76 premium monitor series in Sri Lanka, designed for content creators in fields such as photography, design, video editing, and animation.

99x kicked off 2023 recently at its annual kick-off ceremony themed ‘To Reset and Rebuild’, held at Shangri-La Colombo.

With the rising number of breast cancer cases among women in Sri Lanka, one of the country’s leading private healthcare providers, Hemas Hospitals, introduced its new, state-of-the-art Selenia Dimensions mammography system in an effort to combat th

Vision Care has extended its Kurunegala branch by adding a state-of-the-art Eye and ENT Diagnostic Centre to provide customers with a wider selection of eye and hearing care solutions all under one roof.

Medicheks opened a convenient drive-in laboratory testing center at its flagship landmark at 104 Havelock Road Colombo 05.

Dr. Gurpal Singh, Orthopaedic Surgeon attached to Mount Elizabeth Novena Hospital – Singapore, was recently in Sri Lanka at the invitation of the Sri Lanka Orthopaedic Association (SLOA).

Lanka Hospitals Corporation PLC, in an announcement to the Colombo Stock Exchange stated that it posted a profit before tax of Rs. 4 billion for the financial year ended 31st December 2022 compared to the Rs. 2.2 billion PBT reported in the correspon

Reaffirming its commitment to bringing cutting-edge digital health solutions, eChannelling, Sri Lanka’s largest channelling network, powered Medicare 2023, one of the most anticipated healthcare exhibitions in the country.

Further committing to its nation-building efforts, Lina Manufacturing - the pharmaceutical manufacturing segment of Sunshine Healthcare Lanka (SHL), recently signed a contract manufacturing agreement with TRUVIC Private Limited.

Royal Nursing Home (Pvt.) Ltd., the elderly care service provider that adheres to ISO 9001:2015 standards, recently won the Platinum Award for the Best Healthcare Service Provider of the Year in the large scale category at the BWIO Awards organized b

Japanese Ambassador to Sri Lanka Hideaki Mizukoshi yesterday said a decision has not yet been made on reviving the Japan International Cooperation Agency (JICA)-funded US $ 2.2 billion Light Rail Transit (LRT) project, stretching from Colombo Fort to