Sanken Overseas (Private) Limited, last year’s NCE award winner for Sri Lanka’s highest net foreign exchange earner, has initiated the development of an 80 villa luxury resort to be operated under the JW Marriott brand.

The 2021 Conde Nast Traveller Readers’ Choice Awards were announced this week. Registered voters from across the globe weighed in on their favourite resorts. Resplendent Ceylon received recognition for all three resorts: Cape Weligama, Ceylon Tea T

In an effort to bring in some excitement to the lives of the customers of NDB Bank during these uncertain times, Dimuth Karunaratne – Sri Lanka Test Cricket Captain and the Bank’s Brand Ambassador personally joined with NDB to conduct the video K

Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, while the South Asian region is expected to expand by 7.1 percent, the World Bank said.

The Cabinet of Ministers this week approved a proposal to enter into a loan agreement for a US $ 3.6 billion credit line with the Government of Oman to finance petroleum procurement for a period of one year.

Sri Lanka is a humid tropical country with two main monsoon seasons endowed with well-distributed year-round rainfall. Tea is the only major perennial commercial economic crop grown widely in all three elevations and rainfall zones and in 14 district

DIMO has introduced Veera, a hybrid silage maize seed variety, to the Sri Lankan market through its subsidiary Plantseeds, with an aim to uplift the local dairy industry.

Huawei, the global smartphone brand, marks its entrance to the flagship monitor segment with the launch of Huawei MateView, Huawei’s first-ever flagship standalone monitor.

CICRA Campus has entered into a memorandum of agreement with Wrexham Glyndwr University (WGU), a leading university in the United Kingdom, to offer world-class bachelor’s and master’s programmes in cybersecurity.

Nagarro SE, a global leader in digital product engineering and technology solutions, completed six months in Sri Lanka, announcing substantial expansion plans of building a team of over 500 top-tier technology professionals.

LAYOUTindex, Sri Lanka’s premier bespoke software solutions company, has set another milestone for its operations and for the entire industry, as it opens its doors to the Australian market with the launch of its first branch in Melbourne.

On October 4, Google officially released Android 12 and realme will be one of the first brands to provide Android 12 stable update to its devices.

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, together with ZTE Corporation officially launched the ZTE smartphone brand in Sri Lanka, at a virtual event held recently.

Sri Lanka plans to draft acts, rules and regulations required to attract investments into digital banking and blockchain technology and to facilitate cryptocurrency mining companies to invest in Sri Lanka.

The Cabinet of Ministers this week cleared the path for the state-run Ceylon Petroleum Corporation (CPC) to enter the liquefied petroleum gas (LPG) distribution operations, as the third market player.

Ever Ace, the world’s largest container ship, that docked at the Colombo International Container Terminal (CICT) of the Colombo Port, set sail to Malaysia, midnight, yesterday. The container ship, which is part of Evergreen Line, called at the Col

The Cabinet nod has been given to recognise India-based HCL Technologies’ US $ 10.5 million software and IT project, under the Strategic Development Projects Act, granting the necessary tax concession for investment.

The government has decided to allocate additional land for the commercialisation and monitoring activities of the Chinese-funded Lotus Tower project, including setting up of a modern water park.

The maximum deposit rates that can be offered by a licensed finance company for a one-year term deposit has risen by a little under one percent in the quarter beginning from October 2021, as the ceiling rates of deposits offered by the non-bank lende

The transshipment container volumes at the Port of Colombo declined for the second consecutive month in August, after almost touching the pre-pandemic levels in the first half of the year, the Sri Lanka Ports Authority (SLPA) data showed.

International Chamber of Commerce (ICC) Chairman and MasterCard Worldwide Executive Chairman Ajay Banga speaking at the White House COVID-19 Summit, convened by President Joe Biden on the margins on the UN General Assembly, explained the business cas

Asian Development Bank (ADB) Director General for South Asia Kenichi Yokoyama yesterday met with Sri Lanka President Gotabaya Rajapaksa to express ADB’s support for the country’s development and its coronavirus disease (COVID-19) vaccination driv

Under the ‘Stay Strong’ campaign, Republic of Korea Ambassador Santhush Woonjin Jeong, at a ceremony held in the Foreign Ministry on October 4, 2021, handed over a donation of US $ 500,000, which includes PCR test kits and PCR test machines to th

Sri Lanka@100, a private sector-led business development programme supported by the U.S. Agency for International Development (USAID), hosted a public webinar with guest speaker Iora Health CEO and Co-founder Rushika Fernandopulle, to inspire mid-mar

A team of senior European Union (EU) officials began an official visit to Sri Lanka on September 27, 2021, to review Sri Lanka’s progress in implementing the 27 international conventions applicable under the Generalised System of Preferences Plus (

The world’s largest container ship, Every Ace is currently docked at the Colombo International Container Terminal (CICT) of the Colombo port while returning from her maiden voyage.

GRI reaffirmed its commitment to protecting our planet by launching the Ultimate Green XT, one of the most environmentally friendly material handling solid tyres in the world.

Ideal Motors (Pvt.) Ltd presented Sri Lanka Police with two fully-customised Mahindra Mojo motorcycles valued at Rs.2.4 million, recently.

Cargills is humbled to have been selected as one of the Top 10 Most Admired Companies of Sri Lanka by CIMA, ICCSL and the Daily FT, for the second consecutive year.

While underscoring the need to help farmers make a gradual shift towards organic fertilizer usage from chemical fertilizers to overcome the short-term difficulties confronted during the transition, the Export Development Board (EDB) Chairman Suresh d