Affirming its indelible reputation as the country’s pioneering private healthcare provider, Nawaloka Hospitals roars ahead on LMD’s Most Respected Entities Listing.

Ninewells Hospital, the leading woman and childcare hospital in Sri Lanka’s private healthcare sector recently partnered with Genelabs Medical, a pioneer in genetic testing that utilises cutting-edge technology for the molecular diagnosis of clinic

The ozone layer is located in the lower stratosphereat a height of 15 to 30 kilometres above the earth, protecting it against the sun’sharmful ultraviolet (UV-B) radiation.

As the pandemic pushed the world, including Sri Lanka, into the digital highway faster than anyone would have thought possible, the authorities at home are beefing up legal protections against its citizens’ personal data, used both online and offli

The Central Bank has issued guidelines on how the banks should approach when dealing with loan impairments, effective from next year, when they come out of the latest round of moratoria, as there could still be a section of borrowers whose cash flows

Sri Lankan shares closed at record highs yesterday, helped by gains in financial and industrial stocks. The CSE All-Share index settled 1.06 percent higher at 9,542.33. Last week, the index rose 5.62 percent to register its second straight weekly gai

Hayleys PLC has been planning to dispose part of the assets of its subsidiary Singer (Sri Lanka) PLC, to reduce the latter’s leverage but the not so favourable macroeconomic conditions have continued to impede such plans for more than a year now.

Prospects for the revival of international tourism remain mixed for the September-December 2021 period, the UNWTO Panel of Experts survey revealed,

The Central Bank (CB) plans to lift the ceiling imposed on outward investment and migration allowances from January 1, 2022, CB Governor Ajith Nivard Cabraal announced.

Oil was steady yesterday ahead of a meeting by OPEC and its allies, which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained.

The pandemic-induced economic restrictions inflicted widespread pain on both private and public incomes and the latter sent the fiscal deficit over a trillion rupees during the first seven months of 2021, as the government lost over Rs.1.5 trillion i

Venora Group of Companies Chairman Sagara Gunawardena has called for the relaxation of Board of Investment (BOI) regulations that limit the companies operating in Export Processing Zones from selling in the local market.

The official opening of the Sri Lanka Pavilion was inaugurated at Expo 2020 Dubai on October 1st.

The UNTWO World Tourism Barometer that was released earlier today showed that international tourism witnessed a rebound this June and July with approximately 54 million travelers crossing borders.

The government and Central Bank (CB) expect nearly US$10 billion in fresh foreign exchange outflows over the next six months to build the country’s foreign reserves to a comfortable level.

Prices measured by the Colombo Consumer Price Index (CCPI) eased in September from a month ago as months-long hyper increase in food prices slowed a bit,

Fitch Ratings last week hinted at a potential increase in the Excise tax on alcoholic beverages by the government in the upcoming budget, but said such moves, should there be any, would be limited to the near term and would not be too prohibitive to

Credit to the private sector from licensed commercial banks could stay at the desired direction during 2021 and potentially transcending into 2022 despite some easing in the next couple of months as the private sector’s thirst for credit is unlike

The Central Bank (CB) is considering the possible revival of the six failed non-bank finance institutions (NBFI) via fresh capital infusions.

Sri Lanka’s official unemployment rate fell to 5.1 percent in the second quarter ended in June 2021 from 5.7 percent three months ago, but the underlying conditions aren’t too well as the labour force participation rate fell below 50 percent to 4

As an effort to unwind the current monetary stimulus, the Central Bank (CB) expects to downsize weekly Treasury bill auction to below Rs.50 billion from the current range of Rs.70-75 billion.

In an alarming revelation, the World Bank has indicated that 90 percent of projects, which they have funded towards making the government and the public service in Sri Lanka digitally friendly, have failed to bring the desired results, according to s

Sri Lanka’s efforts in improving transport connectivity will pick up pace with the World Bank (WB) having approved last week a US$ 500 million financing.

All major airlines are showing an increase in passenger loads to Sri Lanka following the government’s move to relax the entry requirements into the country.

Emirates is joining Sri Lankans to celebrate the easing of travel restrictions by the British government with the launch of special fares to five destinations in the United Kingdom.

High Commissioner of Sri Lanka to India Milinda Moragoda paid a courtesy call on Minister of Petroleum and Natural Gas of India Shri Hardeep Singh Puri recently at the Ministry of Petroleum and Natural Gas in New Delhi. Minister Puri holds the portfo

Citing their own experience and that of their international clients, MTI Consulting has opined that organization who used the last 18 month to ‘Ground Zero’ and Re-Strategize, are already beginning to see green shoots.

Cenmetrix Pvt Ltd eyes overseas expansion and explores strategic partnerships in the coming year with the aim of multiplying its growth in the advanced technology solutions sector.

The COVID-19 pandemic has no doubt had enormous economic impact on the tourism and hospitality industry the world over, including Sri Lanka. For close upon two years international travel has been just reduced to a trickle, with hardly any tourist a

First time in Sri Lanka we can see that a Sri Lankan singer performing in India and as we know the Indian music industry is one of the largest in the world, Youhani has created history in Sri Lanka. This is important as these days we do not have many