REUTERS: Sri Lankan shares ended down for a fourth consecutive session yesterday, and hit their lowest close in more than a week, due to profit-booking in large-cap shares such as Ceylon Tobacco Company PLC, but foreign inflows helped curb losses.

Tourist arrivals to Sri Lanka fell 2.5 percent year-on-year (YoY) to 121,981, with resumption of high growth of Chinese arrivals remaining the key positive highlight, putting immense pressure on the government, which hasn’t conducted a proper p

REUTERS: The Sri Lankan rupee recovered from early falls and closed slightly firmer yesterday as late inward remittances surpassed mild dollar demand from importers, dealers said.

Sri Lanka and Thailand have come to a consensus on a free trade agreement (FTA) to trade goods as the first step towards a comprehensive FTA that will follow in the future, Sri Lanka’s Industry and Commerce Ministry in a statement said. 

 Earth became the beauty because of the interaction between living things and their surroundings.  The two have molded together to create a balance of what we would call today as nature. The only problem is that this natural balance keeps b

Insee Cement joined hands with the Base for Enthusiasts of Environmental Science and Zoology (BEEZ) of the University of Colombo and Biodiversity Sri Lanka, a network of private sector companies working together on biodiversity conservation issues, t

All nations around the globe are celebrating World Oceans Day today – 08 June – under the theme of ‘Our Oceans, Our Future’. While the action focus of this year’s Ocean Day is the prevention ocean pollution due to the us

In a bid to support on-going relief efforts in the wake of devastating flooding across large areas in the South Western provinces of Sri Lanka, the Hayleys Group through its environmental engineering services provider, Hayleys Puritas, announced the

Wurth Lanka (Pvt) Ltd, the subsidiary of the German motor vehicle after-market specialist, joined hands with the Asia Pacific Alliance for Disaster Management Sri Lanka (A-PAD SL) to provide clean drinking water to the people of Padavi Sri Pura villa

Sri Lanka’s mobile app-based taxi hailing service PickMe has sprung into action once again with their unique in-app features - SOS and AID, supporting rescue and ongoing relief efforts for people who had been affected by Monsoon floods and land

With Sri Lanka witnessing catastrophic consequences of man-made disasters each day, the need to promote awareness on our environment has never been more evident. 

While remaining positive about Sri Lanka’s growth prospects, Fitch Ratings yesterday said continued progress in fiscal policy and increased foreign direct investment (FDI) would be crucial for Sri Lanka to move up the ratings ladder.

CAKE LABS, the premiere Sri Lankan restaurant technology company, which is owned by Sysco, announced the opening of a brand new office facility, along with an evolution of the company name to 

Qatar Airways operations are running as normal with no disruptions to flights with the exception of those to the four countries Qatar Airways has been restricted to fly to.

The Body Shop’s best-selling Vitamin E Moisture Cream is now available in a limited edition jar designed by legendary fashion print designers Eley Kishimoto. 40 years since it was first introduced, 

A key client of Sri Lankan/UK-based Mitra Innovation has recently won a prestigious data industry award. 

In keeping with its growing popularity as a caring provider, Sri Lanka’s national mobile service provider, Mobitel, proudly launches a Data Gifting solution for its valued pre-paid broadband customers.

Cambio Software Engineering Sri Lanka, the R&D software development centre for Cambio Healthcare Systems in Sweden, recently moved its operations into two, new and larger, facilities based in Colombo 3

Duo World Inc. Founder and CEO Muhunthan Canagasooryam recently completed the introduction roadshow for Duo World’s newly listed shares on the OTC Markets, trading under the symbol DUUO. Duo World’s goal is to introduce itself to the esta

Sri Lanka’s No. 1 information communication technology (ICT) solutions provider and the licensed national backbone network operator, Sri Lanka Telecom (SLT),together with Huawei Technologies, has successfully carried out South Asia’s firs

Providing enough employment opportunities in India with a population of 1.34 billion is not easy. And the fact that half of the population is below the age of 25 and will soon enter the job market will only make matters worse.

In the first six months of this year, Sri Lanka has experienced a number of major events that demonstrate exactly how critical managing the environment is:  drought, landslides, a garbage avalanche, flash floods — and many other events at

Under the management of the Sri Lankan regional plantation companies (RPCs), the domestic plantation sector has been able to achieve important progress towards the diversification of its traditional mix of cash crops. 

On the occasion of the forthcoming celebrations connected with 150 years of the tea industry in Sri Lanka and the 125th death anniversary of James Taylor, I would like to focus attention to a very important aspect.

Sri Lanka, in March, managed to reverse the declining streak it saw in exports during the first two months of the year but failed to contain its overall trade deficit as the imports for the same month grew at the fastest pace in 24 months.

Sri Lanka yesterday signed an agreement to borrow US $ 318 million from India for the development of the railways sector, a Finance Ministry statement said.  

Standard Chartered (StanChart) is well set to become the full financial services provider for China’s ambitious Belt and Road Initiative (BRI), which aspires to recreate the ancient Silk Road, connecting China with Asia, Africa, Europe and the

The Colombo Stock Exchange (CSE) yesterday announced the inclusion of non-voting shares, which are listed and traded on the exchange, in its index market capitalization (IMC) calculation. 

The Monetary Board, with the concurrence of the finance minister, has promoted Assistant Governor K.D. Ranasinghe to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL) with effect from April 30, 2017.

South Asia may have to retrace its steps and make fresh attempts at regional economic and security integration to fill the vacuum stemming from the isolationist policy of the US led by President Donald Trump and an increasingly interventionist China,