Japanese stocks edged up yesterday as they reopened after being shut down all the previous day by a technical fault, though markets across Asia were mixed in holiday-thinned trade with investors keeping an eye on stimulus talks in Washington.

EU leaders will hold a special summit next month to discuss Europe’s complicated relations with China, an official document showed on Thursday.

India’s leading brand for compliance announced its entry to Sri Lanka with the introduction of its global E-Governance and Compliance Platform with a leading Sri Lankan Enterprise Renewal and Change Specialist company recently.

The 40th Annual General Meeting of the Sri Lanka Association of Inbound Tour Operators (SLAITO) was held on September 29 at the Ramada Colombo.

Minister of Energy, Udaya Gammanpila reiterated the assurance of energy security and self sufficiency in the country recently, addressing energy sector employees at Lanka IOC head office.

Gearing Sri Lanka to a ‘5G ready status’ with its 5G trial network in select locations, across the country, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider partnered Huawei to unveil the highly anticipated mid-range 5G smartphone,

Morison PLC, the largest oral solid dosage pharmaceutical manufacturer in Sri Lanka and a subsidiary of Hemas Holdings PLC, ceremonially opened their new state-of-the-art manufacturing plant and research & development facility in the presence of Prim

Diversified conglomerate Hemas Holdings PLC is a business entity that stood out for making some bold decisions over the years. One such decision that caught attention was in 2013, when the family-managed company offered the Group CEO position to Stev

Prime Minister Mahinda Rajapaksa reiterated government’s support for the upliftment of small and medium enterprises (SME) so that the sector can be an active player in the country’s post-COVID-19 growth story.

The accumulation of new debt has significantly decelerated in recent months as borrowings, which peaked during coronavirus, largely ceased while the government consciously cut spending to prevent the budget from recording a blowout deficit.

The second quarter (2Q) gross domestic product (GDP) figures are expected to be out by mid-October, after nearly a month’s delay as the pandemic-induced lockdowns had slowed the data gathering and processing to calculate the national output.

Leading agribusiness company Watawala Plantations PLC (WATA), has reached the next milestone in sustainable oil palm plantations development, achieving the Roundtable on Sustainable Palm Oil (RSPO) certification for the palm oil mill and concessions

The 31,000-strong team at Hayleys Group can now enjoy a working vacation from any Hayleys property around the country in a first time ‘Work-from-Hotel’ initiative offered by any Sri Lankan company.

SLFFA Cargo Services (SLFFACSL), the commercial arm of Sri Lanka Freight Forwarders Association (SLFFA) is planning to invest Rs.500 million to setup an off port facility to handle LCL cargo (less than a container load), transhipment cargo and entrep

Colombo district prices slowed for the second month in a raw in September mainly on higher base effects in the year earlier period, but the prices of both foods and non-foods rose during the month from August as coconut prices weighed on the food bas

Gearing Sri Lanka to a “5G ready status” with its 5G trial network in select locations, across the country, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider partnered Huawei to unveil the highly anticipated mid-range 5G smartphone,

The government yesterday came up with a strong response against the recent sovereign rating downgrade by Moody’s Investors Service, stressing that the international rating agency had completely ignored the current ground realities and the ongoing e

While stressing on Sri Lanka’s neutral foreign policy, President Gotabaya Rajapaksa yesterday said the island nation is open for foreign investments.

Laugfs Gas PLC yesterday entered into a strategic partnership with Abans Group, enabling Sri Lankans to conveniently purchase their cooking-related products, including gas cylinders, gas cookers, freestanding cookers and other appliances, through the

MAS Holdings, the largest and leading design-to-delivery apparel solutions provider in South Asia, renewed its commitment yesterday to empower more of its employees by extending its original undertaking to provide health and well-being education and

As the formulation of Budget 2021 nears, the government is urged to explore the possibility of absorbing the cost of providing maternity leave benefits (MLB) by extending to the private sector a tax relief, so that discrimination against women at the

A historic memorandum of understanding (MoU) was signed virtually by Ceylon Chamber of Commerce Chief Executive Officer Manjula de Silva and Afghanistan Chamber of Commerce and Investment Chief Executive Officer Sayed Zaman Hashemi, witnessed by Amba

As the world celebrates the United Nations 75th anniversary and comes together to discuss how to respond and rebuild from the COVID-19 pandemic, leading social innovator EarthTech is launching Together in Action (TiA) to help bring people together an

The Sri Lanka Tea Board (SLTB) has embarked on an innovative initiative to promote the Ceylon Tea brand during the global pandemic by distributing to the international business community ‘Ceylon Tea dyed’ face masks.

Child malnutrition is still a prevalent challenge in Sri Lanka. More than one in five children (under five years old) are underweight and one in six babies are born underweight.

Special Economic Zones (SEZs) can be defined as ‘geographically delimited areas within which governments facilitate industrial activity through fiscal and regulatory incentives and infrastructure support’ (UNCTAD 2019, p. 128).

A leading asset manager yesterday questioned Moody’s untimely downgrade of Sri Lanka’s sovereign rating by two notches to Caa1 from B2, while saying it could either be an over-reaction to remedy the rating agency’s failure to downgrade the coun

While Sri Lanka is all set to settle a billion dollar sovereign bond maturing on October 4 and has repeatedly expressed its ability and willingness to meet all its upcoming debt obligations when they fall due, yields of Sri Lanka’s international so

Sri Lankan government bonds tumbled heavily yesterday, a day after one of the main credit rating agencies, Moody’s, warned about the mounting pressure on the country’s finances.

Poultry industry stocks gained sharply on the Colombo Stock Exchange (CSE) yesterday with the Cabinet of Ministers deciding to ban cattle slaughter in Sri Lanka.