Sri Lanka’s tourism sector has witnessed a great start to the new year, with the country being successful in attracting over 29,000 international visitors within the first 10 days of January. The Sri Lanka Tourism Development Authority (SLTDA), in

Sri Lanka is the poster child for China’s so-called “debt trap diplomacy”, so asking Beijing for easier repayment terms looks logical amid a worsening financial crisis.

Orriss Ceylon (Pvt.) Ltd, carrying out its food and beverage business under the name ‘Chaiwala Colombo’ at the outlets located on Marine Drive and in Colombo,

Selendiva Investments Ltd has called for Expressions of Interest (EOI) from investors for the development of the over 150-year-old iconic heritage properties Grand Oriental Hotel (GOH) and York Building as a high-end international boutique hotel.

The Institute of Internal Auditors (IIA) Lanka Chapter, which is an affiliate of IIA Global based in the USA, elected its new executive committee, at the virtual Annual General Meeting held recently.

German frigate Bayern will arrive in Sri Lanka on January 15 and will be docked at the Colombo Port till January 18, 2022.

Ambeon Holdings PLC announced the appointment of Dr. Sajeeva Narangoda as Executive Director to the holding and management company Ambeon Holdings PLC.

Acorn Group entered into a strategic partnership with ASL Logistics to launch Fortiz Logistics International (Private) Limited, a fully licensed logistics provider spanning multi-faceted industries serving sea, air and land, at an official ceremony h

HNB Assurance PLC (HNBA) announced the appointment of Ashoka Goonesekere as a Non-Executive Independent Director recently.

Users of mobile phones from the popular Huawei brand can now directly download ‘ComBank Digital’ – Commercial Bank’s single omni-channel digital banking application free of charge from the Huawei AppGallery, the bank has announced.

Pan Asia Bank opened its Monaragala branch on January 10th at its new location at Wellawaya Road, Monaragala.

NDB Bank’s Project Finance Unit was recognised as the Renewable Energy (RE) Financier of the Year at the PV Invest Tech Sri Lanka 2021 and Sri Lanka Annual Solar Awards 2021 recently held at Taj Samudra Hotel, Colombo.

The Tourism Ministry yesterday announced that an incentive scheme will be launched to encourage hotels and travel agencies to attract more tourists to the country.​​

As Covid-19 turned off the supply of customers for many Sri Lankan businesses, merchants turned to the internet and the opportunities of e-commerce. Since the pandemic began in early 2020, the number of merchants moving their existing businesses onli

The 28th Annual General Meeting of The Sri Lanka Association of Airline Representatives (SLAAR), was held on October 28th at the Taj Samudra hotel Colombo and the newly elected committee held their first committee meeting recently to plan out activit

This month, EKTC announced two new appointments that embody the company’s mission to blend this commitment to functionality with a smooth and stylish workflow in commercial spaces; Thushara Gunawardhana assumes his responsibilities as General Manag

William Angliss Institute @ SLIIT celebrated its 07th Annual Graduation at the Shangri- La Hotel Colombo, for the graduating batches of Hospitality Management, Event Management & Commercial Cookery, joined by family, friends and industry partners who

Sail Lanka Yachting Group (SLYG) and Building a Future Foundation (BAFF) are to replicate in the North of Sri Lanka, their successful boat-building and marine training project for youth.

SriLankan Airlines announced that the airline reestablished a codeshare arrangement with American Airlines in December 2021, which is expected to offer customers enhanced connectivity and travel options across North America and Europe.

Marking a milestone in Sri Lanka’s shipping industry, President Gotabaya Rajapaksa is scheduled to inaugurate the construction of East Container Terminal (ECT) of the Port of Colombo today.

The initial public offering (IPO) of Hela Apparel Holdings Limited, the holding company of the Hela Clothing Group, is set to open today.

The International Monetary Fund (IMF) this week announced the appointment of Pierre-Olivier Gourinchas as the Fund’s Economic Counsellor and Director of the Research Department (RES).

Sri Lankans will soon have improved access to emerging employment opportunities in the health sector of the United Kingdom (UK) with the government looking to ink an MoU in that regard.

SriLankan Airlines yesterday said it reported a company level profit of US$ 9.25 million and a group level profit of US$ 10.66 million for December 2021, which is the first profitable month for the airline since the onset of the pandemic in early 202

Producer prices, the nearest proxy for inflation at producer level, continued to accelerate in November stoking concerns of how much of this could get passed down to the end consumer and for how long, as the country’s prices are currently at their

Citing financial difficulties, worsened by the shortages of chemical fertilisers, the country’s plantation companies yesterday informed theLabour Minister Nimal Siripala de Silva that they are not in a position to extend the Rs.5000 allowance to th

UST, a leading digital transformation solutions company, headquartered in Aliso Viejo, California, United States, said it is exploring the possibility of setting up operations in Sri Lanka. Its intention is to hire over 10,000 new employees across t

Clearing another ambiguity surrounding the proposed Special Goods and Services Tax (SGST) over its collecting authority, the government will appoint a ‘Designated Officer,’ under the Treasury as it inches closer to the enactment of the new compo

In a defining moment for Sri Lanka’s iconic diversified conglomerate Hayleys commenced 2022 with the unveiling of ‘Lifecode’, an ambitious new framework that integrates environment, social and governance (ESG)-related targets and goals into bus