The Sri Lanka Police presented its Annual Performance Report 2016 to parliament last week and it painted a dismal picture of the current state of affairs. The Sri Lanka Police reports that in 2016, it apprehended 388,722 kilogrammes of narcotics, a g

A defining question for many countries today is how to deliver the smartest transition possible to a clean energy economy. While no formula exists, one thing is clear: countries will benefit from thinking big from the start.

The 27th edition of the FACETS International Gem & Jewelry Exhibition began on the 31st of August 2017 with a grand inauguration ceremony at the BMICH.

Moody’s Investors Service has revised the credit outlook on Sri Lankan banks to ‘Negative’ from ‘Stable’ in view of the poor asset quality and weakening profitability of the sector as the global rating agency expects the

IFC, a member of the World Bank Group, is extending a US $50 million financing facility to Nations Trust Bank PLC (NTB). 

Both policy makers and citizens must swallow the bitter pills given by the International Monetary Fund (IMF) to reach long-term economic prosperity, former Governor of State Bank of Pakistan (SBP) Ashraf Mahmood Wathra said at an event held to commem

REUTERS: Sri Lanka will cut government expenditure to stick to its 2017 budget deficit target of 4.6 percent of Gross Domestic Product (GDP) and compensate for a fall in revenue, the top bureaucrat in the finance ministry said yesterday.

REUTERS: Sri Lanka’s consumer inflation rose 6.0 percent in August from a year earlier, up from the previous month’s 4.8 percent gain, under a revised base-year and market basket, data from the Department of Census and Statistics showed.

The aquaculture farm project in Mannar, which had faced obstacles in going forward due to the land area being classified as a nature reserve, got Cabinet approval to resume its development this week. 

The slow developing gem and jewellery sector is slated to undergo a series of changes in the near future with the government looking at reviewing the laws governing the industry to ensure greater contribution to the country’s economy. 

Over 1,000 children and their families celebrated the grand finale of the popular ‘Mom, Me and My Milo’ campaign, painting the streets of Colombo green in a mega Milo Cycle Parade. They cycled from 

Sri Lanka India Society held their 70th Indian Independence Day celebrations recently amidst a distinguished gathering of invitees on the North Lawn of the Taj Samudra. 

Asanga Abeyagoonasekera, the Director General of the Institute of National Security Studies Sri Lanka (INSSSL) was selected for the “Transformational Leadership: Leadership at the Edge” education module by the University of Oxford. 

The continuing series of knowledge forums organized by CA Sri Lanka’s Young Chartered Accountants Forum (YCAF) have helped young chartered accountants to move out of their comfort zones and excel in their careers. 

Sri Lanka – Maldives Business Council (SLMBC) of The Ceylon Chamber of Commerce held its 9th Annual General Meeting (AGM) on 25 August at the Hilton Colombo Residences and  Charge D’ Affairs Khadheeja Najeeha from the Embassy of the

The Ambassador of Thailand, Chulamanee Chartsuwan met with Indira Malwatte, Chairperson  & CE, of EDB on 23th August at the EDB.

At the Colombo Tea Auction held on 29th / 30th August 2017, reflecting strong demand for Low Grown teas, New Vithanakande Tea Factory, Delwala once again achieved two record prices for their Pekoe and BOP grades. 

Sri Lanka’s entrepreneurship acceleration and empowerment programme Venture Engine has begun holding workshops for 23 companies with the true potential, and skill, required to make it all the way to its October 11 Finale. 

Fonterra Brands Sri Lanka can now meet demand for an extra 10 million servings of locally-sourced Anchor Newdale yoghurt each month, with the investment in its second state-of-the-art Rs.450 million form-fill-seal (FFS) machine.  

Dilantha Malagamuwa has cemented his love and passion for the country and its people by signing to be the “Official brand ambassador” for Greentel Mobile - a local mobile phone manufacturing company.

Daraz.lk, Sri Lanka’s number-one shopping destination, revolutionizes getting ‘Back to School’ through e-commerce. 

Citizens across the country surveyed for the Kantar World panel’s ‘Global Brand Footprint Report’ have yet again named Munchee as ‘Sri Lanka’s number-one FMCG brand’ for 2017, as it were in the previous year 2016.

LG Smart Inverter Technology has taken LG electronics to new heights in energy efficient and durable home appliances that facilitate savings from day one. 

Aldo is thrilled to announce its arrival in Colombo, Sri Lanka, with the support of franchisee partner Softlogic Brands (Pvt.) Ltd. 

Sri Lanka has spoken! Citizens across the country, surveyed for the Kantar World panel's ‘Global Brand Footprint Report’, have yet again named Munchee as ‘Sri Lanka’s Number One FMCG Brand’ 

The Gajaba Super Cross 2017 was held recently with the trials on the 26th and the race on the 27th of August at the Saliyapura Track in Anuradhapura. The Gajaba Super Cross is being held for the 16th

The Secretary of Computer Society of Sri Lanka ( CSSL) and CEO of Informatics Pvt Ltd ,  Damith Hettihewa was recognized  as the People’s Leader in Information Technology category by Institute of Personnel Management (IPM) Sri Lanka a

Celebrating two years since its launch, LOFT1024 is proud to record over 12 startups that have ‘lifted off’ successfully after taking space at this site. 

ECONOMYNEXT: The Sri Lankan government has decided to add about 1,000 megawatts of power using liquefied natural gas (LNG) as fuel, a spokesman said. 

A reveller covered in tomato pulp takes part in the annual ‘Tomatina’ festival in the town of Bunol, located in the East of Spain on August 30, 2017. The iconic fiesta — which celebrates its 72nd anniversary and is billed at ‘