The U. S. government’s Agency for International Development (USAID) launched a free online mentoring platform recently to connect emerging entrepreneurs with experienced business experts.

Aislaby Estate located in Bandarawela, renowned for producing high quality teas established an all-time record priceat the tea auction held on 18th January, by securing an attractive price of Rs.1,040 per kg for a FBOPF1 grade, in the Uva High Catego

Considering the success of many online webinars held during the last two years, the Japan Sri Lanka Technical & Cultural Association, (JASTECA) will embark on a series of Sinhala medium webinars.

Kenilworth Estate located in Ginigathhena which is renowned for producing high quality teas established an all-time record price at the tea auction held on18thJanuary 2022,

The CTBUH Sri Lanka conference on ‘Future Cities: Addressing Carbon, Climate and societal Crises’ was held recently at Bandaranaike Memorial International Conference Hall.

International Construction Consortium (Pvt) Ltd (ICC) emerged as a key driver of environment-friendly structures in the country with the Green Building Council of Sri Lanka (GBCSL) awarding their newest property, Oceanfront Condominiums (OFC) Galle t

DFCC Group subsidiary, Lanka Industrial Estates Ltd (LINDEL), was recently awarded the ‘Bronze award’ for their Annual Report for financial year 2020/21 themed ‘From Resilience to Progress’, in the ‘Land and Property’ sector at 56th Annua

The Cabinet of Ministers yesterday announced its decision to extend the Smallholder Tea and Rubber Revitalization Programme funded International Fund for Agriculture Development (IFAD) till the end of 2022.

Oman biz fraternity to partake in ‘The Sri Lanka Export Brands’ at Expo 2020

The country’s exporters yesterday expressed their frustration over continued challenges faced by them in carrying out day-to-day activities with unannounced power cuts.

India offered a new US$ 500 million credit line to Sri Lanka to fund fuel purchases, the Indian High Commission in Colombo said yesterday, as the island struggles to manage its worst financial crisis in years.

The Ceylon Electricity Board Engineers’ Union (CEBEU) has warned that the CEB could be forced to implement power cuts up to five hours per day over the next 2-3 months with the current power crisis intensifying due to inaction by the top CEB manage

The Central Bank of Sri Lanka (CBSL) is likely to raise interest rates at its first policy announcement in 2022 to tackle growing price pressures, manage external challenges and reduce pressure on the rupee, economists and analysts said.

Both manufacturing and services activities recorded expansions in the final month of 2021, the Purchasing Mangers’ Index (PMI) for the month of December showed.

State Mortgage & Investment Bank (SMIB), which has been recalibrating its portfolio away from the Employee Provident Fund (EPF)-backed loans is facing a Rs.1.7 billion equity deficit this year to meet the regulatory mandated minimum capital levels, w

The employees of Inland Revenue Department, Excise Department and Sri Lanka Customs yesterday staged a protest against the new Special Goods and Services Tax (SGST) in front of the Finance Ministry.

The Colombo Stock Exchange (CSE) yesterday achieved a major milestone as the market capitalisation crossed the Rs.6 trillion mark for the first time in history.

Sri Lanka will need to work towards attracting 60, 828 tourists in the coming two weeks to achieve the ambitious target of reaching 100,000 arrivals per month.

The Sri Lanka Tourism Development Authority (SLTDA) yesterday issued a fresh warning to some of the hospitality service providers, who have opted back for ‘foreigners only’ policy with the increase in tourist arrivals to the country.

Emirates has announced it will add five more flights to Sri Lanka, offering customers 26 weekly flights to Colombo, including a daily service from Male to Colombo. Starting from February 10, the added services will offer customers more travel choices

Ushering in the much awaited December quarter earnings season, Keels Food Products PLC (KFP) filed its interim results for the three months last week, which showed some robust growth in sales and profits although the margins ticked down due to rising

Daraz, South Asia’s leading e-commerce platform, has unveiled its new brand look building on a successful 2021 of significant progress for the company.

Tea Smallholder Factories PLC, a subsidiary of John Keells Group, fell into red in the three months to December 2021 (3Q22), recording the second quarter of consecutive losses, as the company continued to lose revenues from the beginning of the curre

Reiterating its commitment to enabling greater digital inclusion for all Sri Lankans, regardless of their level of ability, Dialog Axiata PLC joined the GSMA Assistive Tech Programme to drive greater access and use of mobile technologies for persons

NCINGA, one of Sri Lanka’s leading IT solution providers, recently announced its partnership with Google Cloud that will serve the emerging digital transformation needs of Sri Lankan small businesses and enterprises.

Recently, the Oppo Inno Day 2021 website won the FOTD (FWA of the Day) Award by the FWA (Favourite Website Awards).

The launch of the Cluster Readiness Index (CRI) developed by the Regional Cluster Development unit of Information and Communication Technology Agency (ICTA) of Sri Lanka was held recently.

Driven by the goals of fostering and nurturing Sri Lankan start-ups and helping transform young disruptors to become successful entrepreneurs, both locally and internationally, SLASSCOM has been a key enabler in strengthening and creating a cohesive

SLT-Mobitel, the national ICT solutions provider, scores another first as the only telecommunication company in the country to fully integrate Amazon Alexa services for all Home Broadband customers, offering exciting new intelligent built experiences

In 2016, Sri Lanka ratified its Trade Facilitation Agreement (TFA) with the World Trade Organisation (WTO) and in 2017 a secretariat was established for the National Trade Facilitation Committee to drive the much-needed trade reforms in the country.