Boeing, the world’s largest manufacturer of airplanes and aerospace equipment, has been instrumental in improving the quality of Sri Lanka’s aviation industry.

Hambantota International Port (HIP) had a robust start to the New Year, with 6 supply cargo ships at the port in January 2022, discharging raw materials for the cement industry.

The National Chamber of Exporters of Sri Lanka (NCE) recently concluded its Annual Export Awards for 29th consecutive year, celebrating the best performance of Sri Lankan exporters. The ceremony was held on 21st January at Hotel Shangri-La, Colombo,

Dipped Product PLC saw its revenues languishing and profits diving amid rising costs in the three month ended December 31, 2021 (3Q22),

Sri Lanka’s foreign exchange reserves are plummeting, essential imports are stalling and Opposition leaders and some experts warn that time is running out to avoid a sovereign default that would further upend the economy.

Bogala Graphite Lanka PLC has appointed Non-Executive, Independent Director Coralie Pietersz as the Chairperson of its board with effect from February 10, 2022.

The head of the World Health Organization has said the acute phase of the pandemic could end this year, if about 70 percent of the world gets vaccinated.

Access Engineering PLC recorded a strong December quarter (3Q22) as the post pandemic boom in construction and real estate activities propelled the group’s fiscal performance.

A comparison of remittance inflows to selected South Asian nations between 2020 and 2021 showed Sri Lanka has had the worst record with negative growth in inflows last year, reflecting diverging fortunes between nations based on their foreign exchang

With the sudden policy shift to organic farming, which resulted in reduced harvest for Maha Season, Sri Lanka’s rice imports are set to hit a five-year-high this year, according to a latest report published by the United States Department of Agricu

While denying any significant shortages of imported essential commodities in the country, the government blamed the errant traders for increasing the prices of these commodities arbitrarily and hiding behind the prevailing foreign exchange crisis. Th

Sri Lanka recorded its highest monthly trade deficit in December 2021, as imports surged to their highest ever monthly value amid significantly increased expenditure on oil imports, the trade data released by the Central Bank showed.

For digital currencies to have wider acceptance, the International Monetary Fund (IMF) said the policymakers must deal with many open questions, technical obstacles and policy trade-offs.

Sri Lanka’s tourist arrivals crossed the 30,000 mark in the first 10 days of February. The provisional data from the Sri Lanka Tourism Development Authority (SLTDA) released yesterday showed that the island nation welcomed a total of 31,343 tourist

Samsung, the South Korean multinational electronics corporation, has stepped up its efforts in the sustainability front by innovating a new material that gives ocean-bound plastics new life.

The local social media influencers have been called on by the Sri Lanka Tourism Development Authority (SLTDA) to come on board to create fresh digital content and promote the island nation to target markets.

WindForce PLC, the largest renewable energy developer in Sri Lanka, reinforced its commitment for greener energy choices by unveiling plans for commissioning two solar power plants by end-2022.

Standard Chartered has entered into a two-year partnership with SOS Children’s Villages Sri Lanka upon identifying the urgent need to re skill the youth of the country, especially amidst the challenges posed by the ongoing global pandemic.

Biodiversity Sri Lanka (BSL) has kicked off efforts to restore mangroves by formally launching collaboration amongst businesses and government.

In an effort to assist school to better manage their waste management practices, Nestlé Lanka last week donated waste management units to schools in the Rathnapura District.

A leader in digital imaging solutions - Canon once again proved its prowess as its full-frame mirrorless camera, the Canon EOS R5 bagged ‘Best Camera of 2021’ award at the Future Tech Awards concluded recently.

Global Solutions, an event management company based in Akkaraipattu, entered into the beverage market with its range of fresh fruit juices, cordials that are promoted under the brand ‘Dlight’.

Spa Ceylon Ayurveda Wellness commenced their strategic entry to the highly lucrative wellness and beauty markets in the Gulf Cooperation Council (GCC) region by opening its first outlet at the Mall of Arabia in Jeddah, Kingdom of Saudi Arabia (KSA).

Popular brand Astra has introduced a new addition to its portfolio, ‘Astra Acti√’, a fat spread fortified with vitamin A, D, B6, B9, B12, and omega 3 and 6 to support the normal function of the immune system and support the growth and develo

Samsung, Sri Lanka’s top smartphone brand, recently unveiled their newest innovation, and the latest addition to the wide array of superior smartphones in their Galaxy A series, the Galaxy A03.

Dominant South Korean electronics brand, LG, has always ensured that their promise of Life’s Good is fulfilled for all consumers across the globe.

Banking studies in the country should take into consideration the prospects that would emerge in the next ten years, at least, so that the local banking sector remains on par with global standards, the Central Bank said.

The lockdowns and the subsequent restrictions on economic activities had an enormous impact on the employed population in all sectors with at least 7 percent of the paid workers having either lost or quit their employment during the first cycle of lo

Six South Asian nations, including Sri Lanka, are set to benefit from a new US$ 21.5 million (EUR 18 million) funding from the European Union (EU), which will help to accelerate climate-smart, inclusive infrastructure investments in their regions.