REUTERS: Yahoo Inc said it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.

Sri Lanka Tourism Development Authority (SLTDA) will be introducing regulations and providing greater support to small scale accommodation providers who have been the fastest growing segment in the country’s hospitality industry, according to a

REUTERS: Sri Lankan shares erased early gains to end marginally lower yesterday as yields on short-term government securities rose in a weekly auction amid uncertainty over government’s monetary and budget policies.

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday as foreign banks and some exporters sold dollars, but dealers expect the strength to be short-lived on lingering concerns after the Central Bank last week changed its intervention policy.

The Central Bank is to publish new indices on property prices going forward while modifying the existing wage indices in a bid to enhance the statistical inputs used in policy making at the Central Bank and also to better track the various developmen

As per the Extraordinary Gazette No. 1998/11 of December 20, 2016, under the Companies Act No. 7 of 2007 made by the industries and commerce minister reads as follows: Companies (Secretaries) Regulations published in the Extraordinary Gazette 471/6 o

Shangri-La Hotels and Resorts announced the appointment of Timothy Wright as Vice President and General Manager and Chris McFall as Director Sales and Marketing for Shangri-La Hotel, Colombo due to open during the second half of 2017. 

Introduction of ‘commercial mediation’ will offer Sri Lanka’s business community an optional dispute resolution mechanism in addition to litigation and arbitration, both of which are riddled with delay and expense.

ITN joined hands with Abans for ‘Sooryabala Sangramaya’, an initiative to generate electricity using solar power to fulfill ITN’s energy consumption.

The Sri Lanka–Italy Business Council of the Ceylon Chamber of Commerce will launch the fourth batch of its successful Italian language course on February 18, 2017.

Sri Lankan Airlines is partnering the Fairway Galle Literary Festival 2017 as the Official Travel Partner., The airline is facilitating travel for some of the literary greats

Qatar Airways’ popular Travel Festival is back and has been significantly enhanced for 2017, inviting world travellers to take advantage of a number 

Leading swimwear manufacturer Linea Aqua (Pvt) Ltd announced its latest landmark accomplishment in the field of environmental sustainabilit

There was always the ‘tuks’ and then came the metered taxis, which made life a lot easier for those depending on them for transport as it finally meant a standard fee was charged

The former administration unlike any other previous regimes made a conscious effort to extend its dominance in many economic spheres.

An internationally acclaimed economist yesterday called on Sri Lanka to diversify its technological know-how before seeking investments to boost exports, a failure of which would deteriorate the economy.  

The groundbreaking ceremony of the newest entrant to the Colombo hospitality scene, the US-based Carlson Rezidor group’s ‘Park Inn Colombo’, took place yesterday morning.

Sri Lanka’s hopes for an upgrade in its credit profile will depend on how much it will comply with the International Monetary Fund (IMF) conditions, which the country agreed upon when entering the loan packages with the multilateral lender, cre

The growth in private sector credit has upset the Central Bank as the recent numbers available up to October showed a disturbingly higher credit growth as the state-owned lenders remained stubborn although the private lenders showed some responsivene

The inaugural ceremony of the national project to convert all the state sector buildings into solar power generating centres within two years was officially held with the patronage of Finance Minister Ravi Karunanayake at the Finance Ministry yesterd

Huawei, a leading smartphone brand in Sri Lanka, yesterday announced that Singer Sri Lanka, the exclusive national distributor for Huawei smartphones, has successfully surpassed Rs.1 billion Huawei smartphone sales generated solely in the month of De

REUTERS: Sri Lankan shares were little changed yesterday after hitting a nine-month low last week as uncertainty over the government’s monetary and budget policies continued to weigh on the market.

REUTERS: The Sri Lankan rupee ended steady yesterday, but dealers expect it to fall further on growing demand for dollars from foreign banks that facilitate sales of government securities by foreign investors.

Known for their pioneering services in the field of commercial advertising, Alleviation Digital (Pvt) Ltd was honoured with the Gold award for Uva Province and the gold award under National Level Small Category at the Entrepreneur of the Year organiz

Shortage of skilled workforce is critical to many economies so as to Sri Lanka, which is one of the recognized shortfalls, that hinders economic recovery.  

Qatar Airways’ popular Travel Festival is back and has been significantly enhanced for 2017, inviting world travellers to take advantage of a number of exceptional deals across the airline’s global network. 

REUTERS: Qatar Airways is to swap its order for up to 80 Airbus A320neos for the larger, longer-range A321 version, the airline’s Chief Executive said on Thursday.

The LOLC Group has embarked on several renewable energy initiatives within the organization as well as on a national scale, with a mission to commit towards a sustainable future, by meeting the needs of the present without compromising the needs of t

For the 6th consecutive year, the Abans Welfare Society conducted one of their biggest CSR projects at their Kadolkale Warehouse in Seeduwa, where over 1000 children of the Abans Group staff were presented with all their requirements for the new scho

Nations Trust Bank partnered with the National Blood Transfusion Service (NBTS) to launch a national awareness campaign in promoting blood donations at hospital based blood bank centers.