Sri Lankan shares closed at a record high yesterday, marking a positive finish for a sixth straight session, as consumer staple stocks boosted the benchmark index.

Expressing his opinion on the move by the government to give away exclusive LNG supply rights to US-based New Fortress Energy (NFE), Co-Cabinet Spokesperson and Mass Media Minister Dullas Alahapperuma, who earlier served as the Power Minister, this w

The tourism sector stakeholders this week let out a sigh of relief as they welcomed the government’s move to relax COVID-19-related health guidelines to support the hard-hit industry.

Sri Lanka Tourism recognizing the significant role played by Sri Lankan Foreign Service representatives has collaborated with missions on initiatives in key source markets as well as in emerging markets to boost tourism exports and attract tourism i

Hayleys Travels, the travel and leisure arm of Hayleys PLC, has formalised a partnership with the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) to promote sustainable tourism and leverage on synergistic opportunities in the

Breaking all the stereotypes and barriers related to aviation training in Sri Lanka, Sakurai Aviation Academy has produced the Youngest Female Private Pilot License (PPL) Holder at the age of 17.

All-inclusive luxury resort Heritance Aarah, in the Maldives recently launched a unique village experience to celebrate the illustrious culture and heritage of the island nation, right in the heart of the breathtaking Raa Atoll. This is the first of

CBL Natural Foods (Pvt) Ltd was placed among the top 100 Best Workplaces in Asia List in the Small and Medium category by Great Place to Work, a global authority leading in evaluating the employee experience and workplace culture.

Understanding the importance of fathers playing a key role in the family after a newborn or newly adopted child, software development company Ascentic with offices in Sweden recently made history in Sri Lanka’s corporate sector by introducing a fou

Independent directors have a fundamental role in ensuring good governance continues to be prevalent across organisations.

Classic Travel is proud to be ranked in the 2021 Great Place to Work list as one of the Best Workplaces in Asia– Small & Medium Workplaces.

India and Sri Lanka have a long history together. This relationship has grown over the years with collaboration and cooperation in the field of development, education, culture, health and now Information Technology.

Safe re-opening of the economy from lockdowns is imperative for Sri Lanka to push through its recovery after the country was emerging out of the pandemic induced recession in 2020 which left large slacks in many areas and sectors, awaiting to be rega

Despite the requirement on 100 percent repatriation of export proceeds, exporters in an alarming trend have become more reluctant to convert export earnings driven by speculation on exchange rate movements and low rupee interest rates.

Sri Lanka’s preferential trade access to the European Union, which is the biggest market for its US$ 5 billion apparel industry, is in doubt with an investigation into the island country’s human rights and governance concerns set to start on Mond

Sri Lanka will return to its previous system of carrying out the on-arrival PCR test at level –1 hotels, as the attempt to test tourists for COVID-19 at the airport premises itself failed to bring out the expected outcome.

The Cabinet nod has been granted to add twenty new occupations including domestic services and jobs related to beauty culture to the list of hazardous jobs for minors (16-18 years) and to present the draft regulations to Parliament.

As the country targets to reduce road accidents by 50 percent in five years under a new action plan, the government plans to complete the establishment of a National Road Safety Commission (NRSC) as the lead road safety authority within this year in

Prime Minister Mahinda Rajapaksa has advised the Finance Ministry to provide US$ 50 million immediately to shippers to get over 800 containers stuck in the Colombo Port released.

The government this week decided to remove maximum retail prices (MRPs) imposed on rice with immediate effect and to import 100,000 metric tonnes of rice to address rice shortages in the market indicating a failure in price control measures.

‘Catering to the Post-Pandemic Consumer’, the first session at the upcoming Sri Lanka Retailers Forum 2021 will focus on customer value as online / digital platforms become a core part of the business while exploring the role played by digital sh

While congratulating the government on the recent opening of the PCR testing facility at the Bandaranaike International Airport (BIA), private hospitals made an appeal to the government to consider local partners for initiatives such as this, taking

CFA Society Sri Lanka will host the local leg of the CFA Institute Global Research Challenge scheduled to kick off on October 14th.

Sri Lanka’s pioneering startup acceleration programme Venture Engine has launched its 2021 edition, with applications now open until midnight on October 22nd.

Access Engineering PLC (AEL) has joined hands with the University of Moratuwa, supported by the Cambridge Centre for Smart Infrastructure and Construction (CSIC) of the University of Cambridge, and the University of Oxford to collaborate in the resea

Continuing its divided journey and having just concluded 10 years of operations, Amãna Bank recently announced its fourth consecutive annual dividend by offering its shareholders an interim scrip dividend of 10 cents per share for the financial year

A new Securities and Exchange Commission (SEC) Act was recently passed in Parliament and it was made law last week by the Speaker.

Seylan Bank, the Bank with a Heart, relocated its Ruwanwella branch to a spacious new location recently, in order to better serve its customers.

DFCC Bank has announced its partnership with Quickmed.lk to ensure greater accessibility and affordability, with regard to the services offered by the health and wellness pharmacy, for all DFCC credit cardholders.

Ceylinco Life has laid the foundation for a new eco-friendly branch building in Matale that will be constructed to the planet-friendly specifications adopted for all-new branches on company-owned land, taking another step in the expansion of green pr