Dialog Television, the leading satellite entertainment network in the country with over 800,000 customers, launched its newest post-paid monthly rental package Power Plus to the market recently. 

The LOLC group company, Sagasolar Power (Private) Limited (Sagasolar), announced the opening of the first-ever utility-scale solar power plant in Sri Lanka.

Despite the progress made over a few minor matters, since the silent revolution on January 8, 2015, which established the coalition government, no good governance has been established thus far and Sri Lanka is dangerously getting closer to relapsing

The Finance Ministry has released Rs.5.5 billion to the Agriculture Ministry to be distributed among the farmers to purchase fertilizer for the Maha season.  

Sri Lanka’s national inflation, measured by the National Consumer Price Index (NCPI), slowed to 4.1 percent in November from 5.0 percent in October, on a year-on-year (YoY) basis.

Keells Food Products PLC (KFP), the processed food manufacturing arm of the country’s largest conglomerate John Keells Holdings PLC (JKH), yesterday got itself transferred to the secondary Diri Savi Board from the Main Board of the Colombo Stoc

State banking giant Bank of Ceylon’s (BOC) listed rupee debenture issue up to Rs.8 billion was snapped up on the opening day (yesterday) with the value of total applications received exceeding over Rs.10 billion. 

By Supun Dias The annual Tourism Fest 2016, organised by the Tourism Development and Christian Religious Affairs Ministry, was declared open by Prime Minister Ranil Wickremesinghe at the Independence Arcade, this Tuesday.  Attracting a substanti

DFCC Bank is proud to be the lead financier of Sri Lanka’s first utility-scale grid connected solar power project implemented by the private sector. Promoted by Sagasolar Power (Pvt) Ltd

Riu Sri Lanka hotel has been chosen this year Rising Star 2016 in the recent Expedia Annual Partner Awards. The hotel opened its doors in August 2016

Coca-Cola’s beloved Christmas Caravan is set to refresh the holiday season once again in over 20 locations throughout Sri Lanka.

The sale of a majority of shares in state-owned enterprises (SOEs) is not privatization, but commercialization, Finance Minister Ravi Karunanayake stressed recently, despite past instances being classified to the contrary.

The Sri Lankan government and the Asian Development Bank (ADB) yesterday signed the agreement to provide a US$ 115 million loan to uplift electricity supply in Sri Lanka’s rural regions, a Finance Ministry communiqué said.

One of Sri Lanka’s eight tea brokers, Ceylon Tea Brokers PLC, recently called on the industry to consider preparation to break into Asia’s high-growth beverage market, as traditional commodity exports are starting to lose steam.

The Index of Industrial Production (IIP) which measures the activity in the country’s manufacturing sector, expanded to 104.3 this October from 101.6 in September.

Apparel manufacturers catering to the domestic market should get ready to become exporters under the government’s new trade policies

Contrade (Pvt.) Ltd, a leading industrial productions company has been able to snatch the ISO 9001 certification for its quality production and administration assurance.

The Ministerial Committee on Economic Management headed by Prime Minister Ranil Wickremesinghe has given the nod this week to import new rice volumes up to 250,000 metric tonnes to meet local market demand. 

Moody’s Investors Service cast its doubts over the achievement of the budgeted revenues by the Sri Lankan government in 2017,

Balasooriya Hospital Chairman Priyanthalal Balasooriya received the Silver award in the Large category – Service sector (National level) and the Silver award in the Large category – Aervice sector (Provincial level) at the Sri Lankan Entr

Renowned motivational speaker and trainer Dhammika Kalapuge held a workshop recently for Wijeya Newspapers Ltd Circulation and Brand and Promotion Department employees at Hilton Colombo Residencies on the topic of ‘Be the best you are born to b

Emirates, voted the World’s Best Airline in the 2016 Skytrax World Airline Awards, has announced that it will operate the first-ever commercial Airbus A380 flight to Morocco and North Africa, when it takes the iconic double-decker aircraft to C

The Colombo Christmas Street (CCS) 2016, a trade and fun fair organized by the Ministry of Tourism and Religious Affairs together with the Colombo Municipal Council,

For the third year running, Oman Air has been awarded World’s Leading Airline – Economy Class at the World Travel Awards. 

Kuwait Airways, the national carrier of the State of Kuwait, has joined hands with Sabre Travel Network Sri Lanka to run a joint airline promotion for all Sabre-connected travel agents in Sri-Lanka.  Kuwait Airways Country Manager Sudesh Rupasin

AFP - Most Asian markets struggled yesterday with traders spooked by geopolitical concerns following deadly attacks in Europe but Tokyo’s Nikkei returned to winning ways, reversing an earlier sell-off as the yen rebounded.

Aerospace Turbine Services & Solutions LLC (TS&S Aerospace), a leading maintenance, repair and overhaul (MRO) provider for aircraft engines in the Middle East, has been selected by SriLankan Airlines to service the Trent 700 engine.

Commercial Bank Managing Director/CEO Jegan Durairatnam was in London earlier this month to accept the Bank of the Year award presented by The Banker magazine at a gala black-tie dinner at Hilton London Bankside. This was the 10th time Commercial Ban

LankaClear (Pvt.) Ltd, the operator of LankaPay – Sri Lanka’s national payment network, swept the coveted Gold award at the 52nd Annual Report Awards held recently. 

“Sri Lanka is an extremely hospitable country. This is reflected through the warm smiles and welcoming nature of the local people, which is often a rare sight elsewhere in the world,” said Tajikistan Minister of Economic Development and T