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Link Natural’s Swastha Amurtha Now Available on Costco Japan’s Online Platform

Link Natural Products, a pioneer in herbal health care industry,…

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Negombo Speakers Forum Toastmasters Club Launches Second Season of Youth Leadership Program: “New Stars Found”

The Negombo Speakers Forum Toastmasters Club is excited to announce…

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Singer Fashion Academy celebrates excellence in fashion design at Annual Awards Ceremony

The Singer Fashion Academy Annual Awards Ceremony on July 30,…

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Reviving hope with Nawaloka Hospital’s cutting-edge Bone Marrow Transplant Unit

Nawaloka hospitals PLC in Colombo 02, has a special unit…

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Sri Lanka’s Industries call for reduction in water tariffs to boost competitiveness

A collective of trade associations including the Joint Apparel Association…

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HNB FINANCE unveils 3 new Gold Loan Units in Galgamuwa, Kekirawa, Mahiyanganaya

Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC…

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Fitch Assigns ‘BBB+(lka)’ Rating to Hatton National Bank’s Basel III Subordinated Debt

Fitch Ratings has officially assigned a final National Long-Term Rating…

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IFC Appoints Imad N. Fakhoury as Regional Director for South Asia

IFC, a member of the World Bank Group, has appointed…

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Sri Lanka inflation quickens for third month as economy rebounds

Sri Lanka’s inflation climbed in December for a third straight…

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Colombo Bourse records the largest gain in a month

Colombo Bourse settled firmly in the green zone trading positively…

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United States Commits Half Billion Dollars to Port Infrastructure in Colombo

The U.S. International Development Finance Corporation (DFC) today announced it…

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CSE breaks 4-day slump

Colombo Bourse bounced back and settled firmly in green as…

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Mundra Port celebrates 25 years of stellar
operations and unparalleled growth

One of the world's largest ports, with over 260 MMT…

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The SLGJA presents FACETS Sri Lanka 2024: Celebrating 30 Years of Excellence in Gems and Jewellery

The Sri Lanka Gem and Jewellery Association (SLGJA) in partnership…

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Sri Lanka’s August consumer inflation eases to 2.1%

(Reuters) - Sri Lanka’s consumer price inflation rate eased to…

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COLOMBO PORT CITY RECEIVED APPROVAL FOR
BUSINESSES OF STRATEGIC IMPORTANCE

The Colombo Port City Economic Commission has achieved a significant…

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COPF raps Finance Ministry over its failure in recovering the loss incurred by the Sugar Tax Scam

The Committee on Public Finance (COPOF) questioned the officials representing…

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Ceylon Chamber Announces Strategic Partnership to Implement ERP Solution

The Ceylon Chamber of Commerce entered a strategic partnership with…

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Velona Cuddles Bamboo Nappies Set to Revolutionize Baby Care in Australia 

Threadworks, a leading innovator in baby products, is thrilled to…

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Sri Lanka’s Central Bank Cut SRR by 2 %

In a bid to increase market liquidity, the Monetary Board…

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India hands over INR 450 million for Sri Lanka’s Unique Digital Identity project

Indian High Commissioner handed over a cheque of 450 million…

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Abu-Dhabi based low-Cost Carrier Air Arabia clears to operate to Sri Lanka

The low-Cost Airliner (LCA) will operate scheduled direct flights to…

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Japanese delegation and Sri Lanka’s president discuss resuming stalled development projects 

Minister of State in the Cabinet Office of Japan, FUJIMARU Satoshi,…

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Illegal cigarettes causing Rs.52 Billion revenue loss to Government

The expansion in the Illegal cigarettes market driven by recent…

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Sri Lanka Met 33 IMF Commitments and failed 8 by end-June

Sri Lanka had verifiably met 33 of the trackable program…

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USAID-supported Plastic Recycling Center Opens in Kaduwela

The Kaduwela Municipal Council opened the first of four Plastic…

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Only 31,000 pay income tax out Out of the 500,000

Although there are 500,000 personal income tax files in this…

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Sri Lanka Approaches Final Stage of Debt Restructuring Strategy to Revive Economy

Sri Lanka is approaching the final stage of unveiling its…

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23 UDA projects halted with state funds running dry and due to inter-institutional conflicts

Sectoral Oversight Committee on Environment, Natural Resources & Sustainable Development…

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Sri Lanka’s jewelry manufacturers urge the government to lift the ban on gold imports

The representatives of the gem and jewellery industry recently highlighted…

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Analysts see a 50% probability for CBSL to maintain the policy rates at its current levels

First Capital Research (FCR) predicts a 50% probability for the…

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Sri Lanka aims to conclude debt restructuring talks before November 

Crisis-stricken Sri Lanka should be able to conclude newly-launched debt…

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Sri Lanka’s macroeconomic situation showing tentative signs of improvement – IMF

An International Monetary Fund (IMF) mission led by Messrs. Peter…

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CSE plunges to a 3-month low amidst DDR concerns

The Colombo Bourse wrapped the session up in red as…

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Wan Hai adds Colombo call as Sri Lanka repairs unrest damage

Wan Hai Lines has added a call at Colombo, Sri…

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Bangladesh-Sri Lanka Trade Ties: Issues and Prospects

By Muhammad Estiak Hussain Bangladesh and Sri Lanka are two…

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SriLankan Airlines’ annual loss climbs to $525 million amidst exchange loss

Cash-strapped Sri Lanka’s national airline announced a staggering $525 million…

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Market struggles as economic fear persists on DDR

Bourse extended dull sentiment, down marginally as investors continued to…

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One-Third of the families receiving Samurdhi benefits not entitled to Samurdhi benefits – COPA

The Committee on Public Accounts (COPA) disclosed that almost 33%…

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Leading luxury Tour Operator Kuoni pledges backing for Sri Lanka

Leading luxury Tour Operator Kuoni has pledged to drive bookings to…

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USAID and ADB Help Power Sri Lanka’s Women in Energy

Women working in Sri Lanka’s energy sector gained a powerful…

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USAID Supports Power Up Trial of E-battery Swapping Stations in Colombo

The United States Agency for International Development (USAID) Sri Lanka…

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Analysis-Debt crunch looms for weaker economies with a wall of bond maturies ahead 

(Reuters) - A combination of sticky high interest rates and…

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Sri Lanka’s Central Bank Printed Rs.77.05 billion in Q1

Central Bank of Sri Lanka (CBSL) printed Rs.77 05 billion…

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Sri Lanka’s Inflation projected to average 24.6% in 2023 – ADB

Asian Development Bank in a latest report projected Sri Lanka's…

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Share price of over 55% CSE-listed hotels up since March 2022

Since Sri Lanka’s worst economic crisis in Mar 2022, the…

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Global Economy’s “Speed Limit” Set to Fall to Three-Decade Low – World Bank

The global economy’s “speed limit”—the maximum long-term rate at which…

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Select Committee of Parliament holds discussion on the expansion of the higher education sector

Select Committee of Parliament to make suitable recommendations for the…

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Sri Lanka bondholders eye GDP-linked debt restructuring – report

Sri Lanka's private creditors are considering a proposal to swap…

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Bruised U.S. bank stocks shake off initial SVB contagion fears

(Reuters) - U.S. bank stocks jumped on Tuesday, recovering some…

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Sri Lanka hopes to secure  the IMF bailout within this month 

 Minister of Foreign Affairs Ali Sabry express confidence in securing…

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CSE on a slim recovery as buying interest improves

Colombo Bourse closed in green after two days of losses as…

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Pace of Reform Toward Equal Rights for Women Falls to 20-Year Low

The global pace of reforms toward equal treatment of women…

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CSE extends the bullish run amidst active participation

The All Share Price Index (ASPI) of the Colombo Stock…

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Australia Keen to Invest in Sri Lanka’s Mining, Energy and Agriculture Sectors

With Australian companies increasingly eager to explore investment opportunities in…

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COVID-19’s Impact on Young People Risks a Lost Generation

 The COVID-19 pandemic caused a massive collapse in human capital…

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PrimeGlobal adds member firm in China and debuts in Sri Lanka

Global professional services association PrimeGlobal has in recent months welcomed…

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Tourism earnings jump by 6.7% to $161.8M in January

Sri Lanka's tourism earning rose by 6.7% Year-on-Year to $161.8…

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Locally assembled Hyundai Grand i10 hit the roads in Sri Lanka

The Hyundai Grand i10 car, assembled for the first time…

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American Clean Energy Solutions invests $150M in Ground-Mounted Solar Power Project in Nilaveli

Sri Lanka has recently awarded the American Clean Energy Solutions…

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Sri Lanka bondholders ready for debt restructuring negotiations consistent with the IMF Programme

 A group of Sri Lanka's sovereign USD-denominated Bondholders of is…

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Sri Lank’s trade deficit hits a 12-year low in 2022

The deficit in the trade account in 2022 narrowed to…

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Sri Lanka targets UAE, Saudi Arabia in global tea promotion campaign

Arabnews:Sri Lanka’s tea industry is planning a global promotional campaign…

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Japan donates $3.5M worth of New Cold Chain Equipment and Nutrition supplies to Sri Lanka

The Ministry of Health has today received walk-in cold rooms…

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Italian Media personnel mesmerized by Sri Lanka’s cultural and natural diversity

Sri Lanka Tourism, in collaboration with the Sri Lanka Embassy…

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Sri Lanka And Bangladesh Keen To Import Ethanol From India

Bangladesh and Sri Lanka are keen to start importing ethanol…

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Sri Lanka’s central bank urges China and India to act quickly

Sri Lanka's central bank Governor P. Nandalal Weerasinghe in an…

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Sri Lanka cabinet approves new electricity tariff without saying what it is

(Reuters) - Sri Lanka's cabinet on Monday approved new electricity…

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 Presidential Task Forces Presents proposals  to enhance Sri Lanka’s rank in the Ease of Doing Business Index

Officials representing the 8 Presidential Task Forces established under the…

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Mattala Airport’s 2021 expenditure 21 times more than its income – Auditor General

Sri Lanka’s Auditor General reported that in 2021, the operational…

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Sri Lanka’s tea production to fall to a 27-year low this year

As a result of bad policy combined with adverse climatic…

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USAID Commences 5-Year Ocean Plastics Reduction Project in Sri Lanka and Maldives

The United States Agency for International Development (USAID) announced the…

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Sri Lanka banks open Special Vostro accounts with Indian Banks to trade in INR

Sri Lankan banks opened special rupee trading accounts (SRVA) with…

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Inland Revenue (Amendment) Act comes into force from today

Speaker Mahinda Yapa Abeywardena today (19) endorsed the certificate on…

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Five Banks face financial penalties over non-compliance with AMT/CFT rules

Sri Lanka's s regulator for Anti-Money Laundering and Countering the…

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Debt-Service Payments Put Biggest Squeeze on Poor Countries Since 2000

The poorest countries eligible to borrow from the World Bank’s…

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Government Considering acquiring underutilized land owned by Regional Plantation Companies

Minister of Plantation and Industries Ramesh Pathirana stated that attention…

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Chinese cruise ships to visit Sri Lanka after travel restrictions are relaxed

The Sri Lanka Embassy in Beijing, with a view to attracting…

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Sri Lanka’s health crisis :Urgent action is needed to maintain vital services

By Shashika Bandara and Inosha Alwis Sri Lanka is facing a…

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Sri Lanka’s Central Bank threatens administrative measures to bring down market rates

(Reuters) - Sri Lanka's central bank on Thursday threatened administrative…

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Ceylon Chamber makes clarion call for independence of Central Bank

The Ceylon Chamber of Commerce (CCC) is firmly of the…

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New Incentive package needed to attract investments– Ministerial Consultative Committee on Investment Promotion

The Ministerial Consultative Committee on investment Promotion advised the Board…

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Sri Lanka budget lays down plans to clinch IMF deal; markets not enthused

(Reuters) - The crisis-hit Sri Lankan economy can turn around…

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A National committee appointed to formulate all national policies related to food security in Sri Lanka

The National Council sub-committee on identifying short and medium-term programs…

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Ceylon Chamber Presents Reforms to Ensure an Independent Public Service

The progression of Sri Lanka’s economy is dependent significantly on…

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Four reasons to consider domestic debt restructuring

Sri Lanka faces a challenge to emerge from the continuing…

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Russia Invites Sri Lankan Exporters to Diversity Export Basket to Russia

Calling on Sri Lankan businesses to leverage the resumption of…

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Sri Lanka holds rates as crisis-hit economy banks on govt reforms, IMF bailout

The Central Bank of SRI Lanka held policy rates steady…

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Central Bank Expected to Hold the Key Policy Rates

First Capital Research (FCR) weighed in on a 75 percent…

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US Ambassador Hails Ceylon Chamber’s SLUSABC as Primary Trade and Investment Engine

Emphasizing the need to create a more business-friendly environment for…

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Sri Lanka’s offshore Wind generation capacity may reach 1GW by 2030- World Bank

The World Bank (WB) has commenced the industry consultation process…

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Plantation Sector to Get a Special Allowance under WFP and World Bank Funds from October onwards

Minister of Labour and Foreign Employment Manusha Nanayakkara last week…

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Sri Lanka – Canada Business Council holds 31st Annual General Meeting

The 31 st Annual General Meeting of the Sri Lanka…

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Sri Lanka Secures Initial IMF Approval for $2.9 B Bailout Package

An International Monetary Fund (IMF) mission led by Peter Breuer…

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Ceylon Chamber’s National SME Forum 2022 highlights Resilience Measures for SMEs

Digital transformation and innovation that sees opportunity in turbulence in…

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IMF staff plans to visit Colombo ths week

An IMF Staff delegation led by Peter Breuer and Masahiro…

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U.S. partners with David Pieris Motor Company to boost electric mobility in Sri Lanka

The U.S. government, through its development agency, the U.S. Agency…

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Indian Oil Corp unit to open 50 fuel stations in Sri Lanka to help alleviate crisis

(Reuters) - Sri Lanka has given approval for India's Lanka…

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Eight member committee appointed to propose recommendations to restructure CEB

The Government yesterday appointed eight-member committee to propose recommendations within…

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TUI extend the suspension of Sri Lanka holidays

TUI has further extennded the cancellation of holidays to Sri…

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Sri Lanka roll out QR code system-based fuel distribution from today

Sri Lankans have been urged not to overcrowd fuel stations…

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Airlines cuts capacity and import cargo amidst jet fuel crisis

Sri Lanka’s economic crisis and lack of fuel has resulted…

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ADB projects Sri Lanka’s economy to contract by 7.6% in 2022

Asain Development Bank (ADB) highlighted that Sri Lanka's economic conditions…

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Stock market thrives consecutively over recent political developments

Colombo bourse recorded gains for the second straight session with…

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Jet Fuel crisis in Sri Lanka brings in new income streams for South Indian airports

The ongoing turmoil and fuel shortage in Sri Lanka have boosted aviation…

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Ceylon Chamber calls for President to resign and party leaders to ensure smooth transition of power

The Ceylon Chamber of Commerce reiterates its call for President…

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JKH to benefit from the Cabinet Decision to streamline Sri Lanka’s casino industry

Sri Lanka's John Keells Holdings (JKH) is expected to benefit…

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Policy Rate Hike Dampens the Equity Market

Bourse recorded losses for the fourth straight session with investors…

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Ceylon Chamber appeals to all parties to prevent violence during Saturday protest

Ahead of the protest scheduled on Saturday this week, the…

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Potential in biofuels for transport sector in Sri Lanka

By Ravinda Soysa All states currently rely substantially on petroleum…

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War in Ukraine raises global shipping costs, stifles trade – UNCTAD

The UN Conference on Trade and Development (UNCTAD) says the…

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High-Level U.S Delegation to visit Crisis-hit Sri Lanka next week

A high-level delegation representing the U.S. Department of the Treasury…

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A new Cabinet Sub Committee proposed to address the country’s food crisis

The Committee on Public Accounts (COPA) recommended that all Ministries…

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Liquor demand down by 30% in Crisis-hit Sri Lanka

 Sri Lanka Excise Department revealed that t the demand for…

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Dhammika Perera sworn in as a Member of Parliament

Top Businessman Dhammika Perera was sworn in as a National…

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United States to Provide an Additional $5.75M to Crisis-hit Sri Lanka

The U.S. government announced a third tranche of new funding…

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Parliament Approves Rs.695 billion Supplementary Estimate

The Supplementary Estimate of Rs. 695 billion presented by Prime…

By Author

Sri Lanka Power Union Announces Strike, Raising Risk of Blackouts

(Reuters) - A power sector union in Sri Lanka said…

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Ceylon Chamber of Commerce has been certified as a great workplace

The Ceylon Chamber of Commerce has been certified as a…

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Crisis-hit Sri Lanka hikes tax rates to maximise govt revenues

(Reuters): Sri Lanka's government on Tuesday announced a taxation overhaul…

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Sri Lanka increases fuel prices to address economic crisis

(Reuters) - Sri Lanka increased fuel prices on Tuesday, a…

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Japan Donates US$ 1.5M Worth of Medicines To Sri Lanka through UNICEF

The Government of Japan is giving essential medicines to Sri…

By Author

JPMorgan backs Sri Lanka bonds on bets that crippling crisis to ease

(Reuters) - U.S. investment bank JPMorgan backed Sri Lanka's crisis-hit…

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Crisis in Colombo port drives shipping lines to alternative routes

Due to the ongoing political unrest in Sri Lanka, shipping…

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UN Secretary-General calls for dialogue to solve Sri Lanka crisis

UN Secretary-General Antonio Guterres wants Sri Lankans to find a…

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Economic crisis in Sri Lanka and its impact on older adults

By Keshini Madara Marasinghe Sri Lanka is experiencing its worst…

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Sri Lankan tea pickers’ dreams shattered by economic crisis

 (Reuters) - On a lush plantation in Sri Lanka, Arulappan…

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Stock Market backslides to the red territory

Colombo Bourse closed in the red zone on Wednesday after…

By Author

Sri Lanka identifies 7 key items to import from India

Crisis-ridden Sri Lanka has identified seven classes of products, aside…

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Hike taxes to address debt woes, IMF urges crisis-hit Sri Lanka

Sri Lanka must tighten monetary policy and raise taxes to address…

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U.S. Ambassador Julie J. Chung Visits the North

U.S. Ambassador Julie J. Chung visited Jaffna from April 24…

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Sri Lanka begins talks with China on refinancing debt

 (Reuters) - Sri Lanka has begun discussions with China about…

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Expected fuel stocks to end long queues at filling stations

The fuel stocks expected to arrive within the next three…

By Author

Conrad Dias takes the helm at Sri Lanka’s largest NBFI, LOLC Finance

Conrad Dias, the previous Chief Executive Officer of LOLC Finance…

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HCL Tech says business as usual, no hiring slowdown in Sri Lanka

Amid the ongoing economic crisis in Sri Lanka, HCL Technologies…

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Sri Lanka settle payments for Russian coal cargoes

(Reuters)- Crisis-hit Sri Lanka has paid for two Russian cargoes…

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Cash-strapped Sri Lanka hit by record inflation

(AFP) – Crisis-hit Sri Lanka's inflation hit a record high for…

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AIDA concerned over supply chain issues in Dairy Industry

The prevailing forex crisis in Sri Lanka has severely impacted…

By Author

The World Bank extends support to Sri Lanka

The World Bank on Tuesday expressed their support to Sri…

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Sri Lankan Economic Crisis Inflicted by Self-Serving Elite

By Anis Chowdhury and Jomo Kwame Sundaram Sri Lanka has just defaulted on…

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SL Rupee depreciation continues

The Sri Lanka rupee has further depreciated against the US…

By Author

Indian Companies Scramble To Set Up Renewable Energy Projects In Sri Lanka

Indian companies have bagged several renewable energy projects in economic-crisis…

By Author

Fitch Ratings Downgrades Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating to ‘C’

Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default…

By Author

No Stock Market Operations this week

The Colombo Stock Exchange (CSE) will not be operating on…

By Author

Nuwan Gamage Elected as a 44th President of SLIM

The Sri Lanka Institute of Marketing (SLIM) elected Mr. Nuwan…

By Author

As ‘economic catastrophe’ looms, private sector demands immediate action from policymakers

23 industry associations, representing private sector firms engaged in export,…

By Author

Linnean Society of London awards Dr.Rohan Pethiyagoda with Linnean Medal of zoology

Linnean Society of London has awarded veteran naturalist and zoologist…

By Author

Sri Lanka’s economic growth to slow down to 2.4% this year – ADB

Asian Development Bank (ADB) projects Sri Lanka's economic growth to…

By Author

Fidelity among big Sri Lankan debt holders staring down risk

GLOBAL asset managers including Fidelity Investments and T Rowe Price…

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 Ceylon tea Industry in crisis over power cuts and fuel shortages 

The Colombo Tea Traders’ Association (CTTA), the apex private sector…

By Author

Sri Lankan stocks slide by nearly 33%, world’s worst losers after Russia

(Bloomberg) : The boom in Sri Lanka’s stocks has turned to bust…

By Author

Sri Lanka’s ICT and Startup community concerned over the future of the ecosystem

We represent the product, services, and startup companies of the…

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Sri Lankan shares post worst week ever amid power crisis

Sri Lanka shares had their worst weekly fall ever on…

By Author

IMF to start talks with Sri Lanka on loan request in coming days

(Reuters) - The International Monetary Fund will initiate discussions with…

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Sri Lanka’s utility regulator filled an FR petition on violations of electricity consumers’ rights

Issuing a brief statement today, Sri Lanka's utility regulator, the…

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Sri Lanka’s Central Bank suspends Money Changing permit issued to Prasanna Money Exchange

Considering the complaints received from general public that Prasanna Money…

By Author

Plenty of fish but no catch as Sri Lanka economic crisis bites

(AFP) – The sky and seas off Sri Lanka's coast are…

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Sri Lanka’s economy grows 3.7% in 2021, below Central Bank projection

(Reuters) - Sri Lanka's economy grew at a slower-than-expected 1.8% in the fourth…

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Power cuts and fuel shortages drive ASPI to a five and half-month low

Colombo Bourse dropped down for the second day while recording…

By Author

IMF report says Sri Lanka is facing a Clear Solvency problem

Sri Lanka faces “solvency” issues because of risks stemming from…

By Author

Proposed train fare hike temporarily blocked

The proposed train fare hike which was to be in…

By Author

From Crisis to Inclusive Economic Growth in Sri Lanka

By Faris Hadad-Zervos. World Bank and Hans Timmer Sri Lanka…

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Sri Lanka’s National inflation accelerates at alarming levels in February

Sri Lanka's National inflation measured by the national Consumer Price…

By Author

35,000 Metric Tonnes of Diesel arrive from India

A shipment worth 35,000 Metric Tonnes of diesel from India…

By Author

Construction of new elevated highway in progress

The highways Minister Johnston Fernando had reviewed the progress of…

By Author

Sri Lanka to obtain $1 bn credit from India

Sri Lanka's Finance Minister Basil Rajapaksa signed a $1 billion…

By Author

Sri Lanka’s Distilleries increases liquor Prices

Increase in production costs resulted in all soft and hard…

By Author

Britain blocks several luxury exports to Russia

Russian oligarchs will no longer have access to baubles such…

By Author

U.S. Marks Two Cultural Preservation Milestones in Sri Lanka with a $265,000 grant

This week U.S. Ambassador Julie Chung visited Kandy to preside…

By Author

Sri Lanka finance minister meets top IMF official amid economic crisis

(Reuters) - Sri Lanka's finance minister held talks with a…

By Author

Bus fares increased by 15% after Rupee collapse

Sri Lanka’s cabinet of ministers had given the go ahead…

By Author

Oil price surges to highest since 2008

Oil prices soared to their highest since 2008 due to…

By Author

Big four consultancy firms to cease operations in Russia and Belarus

The big four consulting firms -- Deloitte, KPMG, EY and…

By Author

Twitter launches a new version to bypass Russia restrictions

Twitter has launched a privacy-protected version of its site to…

By Author

What Can be Done to Reduce Land Forgery in Sri Lanka?

By Maheswary Sivapragasam (IDN) — As land forgery continues unabated…

By Author

Sri Lanka restricts import of 367 non-essential items

A Gazette Extraordinary has been issued by the Department of…

By Author

Sri Lanka sees small dip in forex reserves in Feb

(Reuters)- Sri Lanka's central bank said foreign currency reserves dropped…

By Author

THE WALL OF STRENGTH AGAINST AGGRESSION

By Asanga Abeyagoonasekera 141 of the 193 United Nations member…

By Author

Softlogic buys Bangaladesh’s second-biggest retail chain at an undisclosed price

(TBSNews): Sri Lankan conglomerate Softlogic's retail holdings wing entered into…

By Author

The United States and DFCC Bank provide MSMEs financing to women and youth

U.S. Ambassador Julie Chung witnessed the signing of the Memorandum…

By Author

Sri Lanka’s tourism earnings have overtaken Workers’ remittances inflows in January

Sri Lanka's tourism earnings have overtaken Workers' remittances inflows in…

By Author

Sri Lanka shares slump amid nationwide power cuts, worsening economic crisis

 (Reuters) - Sri Lankan shares plunged nearly 7% on Wednesday…

By Author

Sri Lanka Leader Ramps Up Spending in High-Risk Bid for Support

(Bloomberg) -- Many Sri Lankan voters who backed President Gotabaya…

By Author

New USPTO study finds no one company dominating 5G

 A new report published by the United States Patent and…

By Author

Sri Lankan bunker suppliers rescind HSFO offers amid energy crunch

(SPGlobal): Suppliers at the port of Colombo have retracted offers…

By Author

EU strongly urges Sri Lanka to lift forthwith import restrictions

The European Union (EU) has strongly urged Sri Lanka to…

By Author

Sri Lanka to focus on sending skilled manpower to Saudi Arabia

(Arab News) : Sri Lanka will focus on sending more…

By Author

IMF Says It Is ‘Ready’ To Help Sri Lanka – If Asked

AFP : The International Monetary Fund is ready to discuss…

By Author

Sri Lanka seeks IMF advice amid worsening crisis

(AFP) : Sri Lanka has asked for "advice" from the International…

By Author

Sri Lanka’s saving interest rates cross 5 percent

Sri Lanka's saving interest rates are continuing on an upward…

By Author

Sri Lanka imported $351.9 million worth of telecommunication devices up to November 2021

Sri Lanka imported $351.9 million worth of telecommunication devices (mainly…

By Author

CEB Engineers Calls for Removal of CEB Chairman over the appointment of ‘bogus’ GM

Ceylon Electricity Board Engineers Union (CEBEU) calls for the removal…

By Author

CBSL increases policy rates by 50 basis points

The Monetary Board of the Central Bank of Sri Lanka…

By Author

Ceylon Graphite successfully Renews the Environmental Licence for K1 Mine Project

Ceylon Graphite Corp. has successfully renewed its Environmental Protection Licence…

By Author

LANKAQR transactions top Rs. 1 billion in value in 3Q

Sri Lanka's standardized National Quick Response code - LANKAQR based…

By Author

Sri Lanka’s Business Chambers urge the Government to seek IMF Support

Sri Lanka's top business chambers urged the government to seek…

By Author

Sri Lanka economy contracts 1.5% in 3Q

(Reuters) – Sri Lanka’s economy shrank 1.5% in the third quarter…

By Author

EU strengthens protection against economic coercion

The European Commission has today proposed a new tool to…

By Author

LOLC Group Locks In Leasehold Rights of another Two Land Plots in Colombo Port City for $98M

Browns Investment PLC, the strategic Investment Arm of Ishara Nanayakkara-controlled…

By Author

U.S. donates nearly 200,000 additional Pfizer-BioNTech vaccines to Sri Lanka

Nearly 200,000 additional Pfizer-BioNTech vaccine doses arrived in Sri Lanka…

By Author

China Communications Construction Company Bags Two Lucrative Port Deals in Sri Lanka

Chinese-state owned China Communications Construction Company has secured two lucrative…

By Author

Stax Secures strategic investment from US-based Blue Point Capital Partners

Stax Inc, an analytically-driven global M&A strategy consulting firm management…

By Author

Sri Lanka shuts only oil refinery to manage forex crisis

By Uditha Jayasinghe (Reuters) - Sri Lanka has temporarily shut its…

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The growth of Sri Lanka`s investment ecosystem and its future potential

The investment ecosystem in Sri Lanka has drastically changed over…

By Author

Premium-priced Cinnamon Life’s Condo units moving at a snail’s pace

Pre-sales of John Keells Holdings (JKH)'s Pre-sales of 'Cinnamon Life'…

By Author

Major ocean carriers sailing towards astonishing $200b profit this year

With stock market-listed ocean carriers reporting even better-than-expected profits for…

By Author

Investing vs Saving: Tenets of Financial Management

Seeds for a smart culture of financial management Whether you…

By Author

Sri Lanka’s rising food prices belies deeper economic issues

By Dushni Weerakoon Sri Lanka recently passed emergency regulations to deal with…

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CBSL expects inflation to deviate from its targeted levels

The Central Bank of Sri Lanka expects headline inflation to…

By Author

Central Bank of Sri Lanka holds policy interest rates steady

The Monetary Board of the Central Bank of Sri Lanka,…

By Author

Making state-owned enterprises work for commercial investors

By William P. Mako, David Robinett State-owned enterprises have long provided crucial…

By Author

Sri Lanka to End Covid Lockdown on Oct 1; Medical Experts Warn Against Reopening

Sri Lanka will end its COVID-19 lockdown enforced last month…

By Author

Asanga Seneviratne Back on CSE Board

The Colombo Stock Exchange (CSE) today announced the appointment of…

By Author

Natural Gas Prices Soar Worldwide In A Mark Of Extreme Volatility

Natural gas prices are soaring around the world in what…

By Author

Sharmini Coorey to Retire as Director of the IMF’s Institute for Capacity Development

International Monetary Fund (IMF) Managing Director Kristalina Georgieva today announced…

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Unpacking New Beginnings, Expack Announces Rs 700M IPO

Sri Lanka’s largest corrugated carton manufacturer, Ex-Pack announced an unpacking…

By Author

Bourse ended in red for the fourth consecutive days

The All Share Price Index (ASPI) of the Colombo Stock…

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Sri Lanka’s National Inflation Rises to 6.8% in July

Sri Lanka's Headline inflation, as measured by the year-on-year (Y-o-Y)…

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Local Investors Drives CSE to New Heights

Indices at Colombo Stock Exchange (CSE) reached new heights yesterday…

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166,284 Credit Cardholders in Sri Lanka on CRIB’s Blacklist

166,284 Credit Cardholders in Sri Lanka were placed on the…

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Sri Lanka’s SME Business sentiment remains pessimistic in June

Business sentiment among  Sri Lanka's small and medium-sized enterprises (SMEs) remained…

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Emirates extend Suspension of inbound flights from Sri Lanka up to 7th August

UAE’s flagship airline Emirates confirmed yesterday that the suspension of…

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National Inflation remained unchanged in June

Headline inflation based on the National Consumer Price Index remained…

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Large-scale solar capacity growth expected to top wind in 2022 for the first time

Growth in large-scale solar capacity is expected to exceed wind…

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Ceylon Chamber welcomes acceleration of vaccine drive

The Ceylon Chamber of Commerce commends the efforts taken by…

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Sri Lanka extends forex restrictions on capital flight by six months

The government has extended suspensions/restrictions on capital forex outflows (outward…

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A surging crisis in Sri Lanka: A new wave of COVID-19 is causing chaos

By Jeevethan Selvachandran Over the last few months, the world…

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India aims to meet vaccine orders placed by Sri Lanka in August

Depending on the scale of production of vaccines, India is…

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U.S. Bans Import of dogs from Sri Lanka and other countries

The United States is imposing a ban on the entry…

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Asian renewable investments expected to double to $1.3T by 2030

Reuters: Asia Pacific investments in renewable energy generation by 2030…

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SEO & Coronavirus: Your SEO approach in the New Normal

The coronavirus crisis has indicated a major twist in the…

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Spice Industry Veteran and Gulam Chatoor from the Spice Arena

Gulam Chatoor the present Chairman of Saboor Chatoor (Private) Ltd,…

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IMF Welcomes G7 Action to Support the World Exit the Pandemic Crisis

International Monetary Fund Managing Director Kristalina Georgieva made the following…

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Costa Rica’s Rebeca Grynspan to Head UNCTAD

Rebeca Grynspan of Costa Rica will be the new Secretary-General…

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Sri Lanka’s FX reserves hit a new low of $ 4.02 billion in May

Sri Lanka's gross official foreign exchange reserves tumbled to $…

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IATA Says Global Travel Restart Still Stalled In the Absence of Harmonized Measures-IATA

The International Air Transport Association (IATA) expresses frustration at the…

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Sri Lanka’s Electricity Regulator Approves Second LNG Plant in Kerawalapitiya

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity…

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Potential Russian Nuclear Power Plant In Sri Lanka Not On SPIEF Agenda

(UrduPoint News / Sputnik) The prospective plans for Russia to develop a nuclear power…

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Costly Chinese COVID Vaccine Sparks Row in Sri Lanka

Disclosure of procurement price of China's Sinopharm vaccine in Sri…

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Giving 2 Doses Of Different COVID-19 Vaccines Could Boost Immune Response

Typically, if you get a COVID-19 vaccine that requires two…

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Sri Lanka: Chinese come calling

by Col R Hariharan Chinese defence minister’s visit  The recently…

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Sri Lanka Declares Worst Economic Downturn in 73 years

(AFP) : Sri Lanka announced Friday that its economy shrank…

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JLL Sri Lanka Joins SLASSCOM with Plans to Invest in Proptech Start-ups

Eyeing emerging Proptech Start-ups, Leading global commercial real estate services…

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Shares back in RED after a rollercoaster ride

The Colombo Bourse today continued to play on a rollercoaster…

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Maga Engineering Takes a Large Chunk of ADB’s Construction Contracts in Sri Lanka

The leading construction comoany, Maga Engineering Pvt. Ltd emerged as…

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Sri Lanka’s GDP to grow by 4.1% in 2021 – ADB

Sri Lanka's Gross Domestic Product (GDP) is projected to grow…

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Sri Lanka needs a resilient logistics system

By Winnie Wang Logistics carry dreams. Back in 2007, when I…

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Shipping during COVID-19: Why container freight rates have surged

By United Nations Conference on Trade and Development (UNCTAD) When…

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IFS outlines a three-year sustainability strategy

Sweden-based multinational enterprise software firm, IFS today announces its promise to…

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IATA Welcomes WHO Emergency Committee Risk Management Recommendations

The International Air Transport Association (IATA) urged states to comply…

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Lankan Angel Network’s Invest in a BaaS platform

The Angel Fund, an initiative of the Lankan Angel Network…

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How the Tiny Kingdom of Bhutan Out-Vaccinated Most of the World

The Lunana area of Bhutan is remote even by the…

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NEXT Recognises Trade Union at its Plant in Sri Lanka

The British multinational clothing, footwear, and home products retailer, NEXT agreed…

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Farmers move to occupy a critical elephant corridor in Sri Lanka

By Malaka Rodrigo Earlier this month, more than 300 people…

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The United States Blacklists Seven Chinese Supercomputing Entities

The Department of Commerce’s Bureau of Industry and Security (BIS)…

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MolecuLight Appoints Nanomedix as a specialized Distributor in Sri Lanka

 MolecuLight Inc., the leader in point-of-care fluorescence imaging for detection…

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Central Bank Retain Policy Rates At the Current Levels

The Monetary Board of the Central Bank of Sri Lanka…

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Nike wins halt to sales of Lil Nas X ‘Satan Shoes’

(Reuters) - A federal judge on Thursday sided with Nike…

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Cracking the Code of Financial Inclusion in Sri Lanka

By Savani Jayasooriya The refreshing taste of thambili, otherwise known…

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Sri Lanka had the Sixth Most selfie-related accidents in the World

Sri Lanka recorded the World's sixth most selfie-related accidents over…

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Prime Lands Residencies Plans Rs 1.95B IPO

A top real-estate developer and the leader in the mid-market…

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Softlogic brings all retail operations into one core vertical

Softlogic Holdings PLC completed the transfer of all retail operations…

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IATA Recocomends Rapid Antigen Tests for Air-travel

The International Air Transport Association (IATA) today urged governments to…

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Visa moves to allow payment settlements using cryptocurrency

(Reuters) - Visa Inc said on Monday it will allow…

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CBL Group Clinches Best Corporate Citizen Award

The leading biscuit, chocolate, and confectionery manufacturer CBL Investments Limited…

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Japan’s Takeda Pharmaceutical Plans to Submit Regulatory Filings for its Dengue vaccine in Sri Lanka this year

Takeda Pharmaceutical Company Limited today announced that the European Medicines…

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Arcade Independence Square Lease out to Ashok Pathirage-controlled Odel for 10 Years

Sri Lanka's Odel PLC, a subsidiary of Ashok Pathirage-controlled Softlogic…

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Sri Lanka lowers its apparel export earning target to $5.1 B

Sri Lanka has lowered its apparel export earning target to…

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Adani Ports to get 51% equity stake in WCT at Colombo Port

With a 51 percent equity stake, India's Adani Ports and…

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The Ceylon Chamber of Commerce signs MOU with McLarens Maritime Academy

The Ceylon Chamber of Commerce (CCC) and the McLarens Maritime…

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China approves $1.5 billion currency swap with Sri Lanka

(Reuters) - China has approved a 10 billion yuan ($1.54…

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India Denies Approving Sri Lanka’s WCT Deal with Adani group

India on Friday denied Sri Lanka’s announcement that New Delhi…

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Gembridge appoints top gem merchant Armil Sammoon as its ambassador to Sri Lanka

Digital coloured gemstone trading platform Gembridge appointed top gem merchant…

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CB decides to hold policy rates steady

The Central Bank(CB) decided to hold its policy rates steady…

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DFCC Bank’s impairment charge nearly doubles in 2020

DFCC Bank's impairment charge nearly doubled to Rs Rs 3.3…

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Daily Turnover at CSE falls to the lowest point this year

The daily turnover of the Colombo Stock Exchange (CSE) fell…

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Pakistan Pitches China-backed CPEC to Sri Lankan Investors

Pakistan's Prime Minister Imran Khan who's currently on his maiden…

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Spotify to Expand into Sri Lanka over the next few days

Swedish audio streaming and media services provider and the world’s…

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USAID Supports Sri Lanka’s Efforts in safely Transporting Pathological Waste

Thanks to the Ampara Regional Health Directorate and the American…

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Asset risk looms over Sri Lankan insurers

Sri Lankan insurers are facing heightened asset risk due to…

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Indian mission in Sri Lanka denies Trincomalee oil tanks deal off

The Indian High Commission in Colombo has rejected Sri Lankan…

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Bitcoin tops $50,000 as it wins more mainstream acceptance

(Reuters) - Bitcoin rose above $50,000 on Tuesday for the…

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Property Buyers Are Flocking Back To Residential Property Market – LankaPropertyWeb

Sri Lanka’s leading property portal, LankaPropertyWeb says that there has…

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Bandwagoning with China: Geopolitics of a container terminal in Sri Lanka

By Asanga Abeyagoonasekera It is rather unusual for trade union…

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Leading airlines join UNICEF’s historic mission of transporting COVID-19 vaccines around the world

UNICEF is today launching the Humanitarian Airfreight Initiative. Under this…

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PUCSL Nod To Award 300MW Kerawalapitiya LNG Power Plant Contract to Lakdhanavi

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity…

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Sri Lanka to Double Fresh Milk Production by 2024

The government aims to double the local fresh milk production…

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Investment decline in productive assets spells trouble for poorer nations

Although developing countries attracted a record share of global foreign…

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Bezos to give Amazon reins to cloud boss Jassy as sales rocket past $100 billion

(Reuters) Amazon.com Inc founder Jeff Bezos will step down as…

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Sri Lanka halts port deal with India and Japan

Sri Lanka on Tuesday scrapped a deal to develop a…

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Rupee to depreciate by 12% in 2021- First Capital

Sri Lanka's First Capital Research expects LKR to depreciate approximately…

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The World’s Best Stock Rally Is in Sri Lanka – Bloomberg

Sri Lanka stocks have returned a world-beating 30% so far…

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Billionaires thriving as poor suffer in widening COVID-19 divide – Oxfam

(Thomson Reuters Foundation) - Billionaires including Amazon’s Jeff Bezos and…

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Renewables overtook fossil fuels in EU electricity mix in 2020

(Reuters) - Renewables overtook fossil fuels as the European Union’s…

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Central Bank Bars Banks from entering into new forward FOREX contracts

Sri Lanka's Central Bank (CB) yesterday barred banks from entering…

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New SEC Act Likely to Be Enacted Within Next Two months

The Securities and Exchange Commission of Sri Lanka (SEC) expects…

By Author

ADB Calls for Far-Reaching Reforms to Build Resilient Education Systems Amid COVID-19

Governments and stakeholders in Asia and the Pacific should initiate…

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Asian stocks climb to record highs on Biden stimulus hopes

(Reuters) - Asian stocks scaled to record highs on Thursday…

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Hayleys Group and subsidiaries announce stock splits

Billionaire Dhammika Perera-controlled Hayleys Group and all its listed 13…

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Covid-19: Maldives signs deal with AstraZeneca for 700,000 vaccine doses

Maldives has entered an agreement with AstraZeneca Singapore Private Limited…

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Latest $200 million SLDB issuance undersubscribed

The latest $200 million issuance of Sri Lanka Development Bonds…

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Central Bank orders banks to delay dividend payments

The Central Bank (CB) ordered the local banks to differ…

By Author

Etihad Airways Set to Become the First Global Airlines to Launch IATA Travel Pass

The International Air Transport Association and Etihad Airways, the national…

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Sri Lanka to Introduce a New education Policy

The government plans to introduce a new education system that…

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Sri Lanka’s President Confirms Adani Group’s Involvement in East Container Terminal

President Gotabaya Rajapaksa today assured representatives of Port Trade Unions…

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Republicans face growing corporate backlash after Capitol assault

(Reuters) - Republicans in the U.S. Congress faced growing blowback…

By Author

Central Bank to wind up ETI Finance through Courts

The Monetary Board of the Central Bank (CB) has decided…

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First Capital Expects Central Banks to hold its Policy Rates Steady

The Colombo-Based, First Capital Research expects the Central Bank to…

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Sri Lanka and Thailand eye to finalize the Proposed FTA

The Foreign Minister Dinesh Gunawardena and the outgoing Ambassador of…

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Wall Street at record highs as Democrats take control of Senate

(Reuters) - Wall Street hit record levels on Thursday as…

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MSC to launch a new direct service from India to West Africa with a call at Port of Colombo

The World's second-largest shipping line, the Mediterranean Shipping Company(MSC) announced…

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India Agrees to Prioritize Sri Lanka in Providing COVID Vaccine

India’s foreign minister pledged Sri Lanka’s president Gotabaya Rajapaksa yesterday to…

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Global Air Passenger Demand Recovery Grinds to a Halt in November – IATA

The International Air Transport Association (IATA) today announced that the…

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Elon Musk overtakes Amazon’s Bezos to become world’s richest person

(Reuters) - Tesla Inc chief and billionaire entrepreneur Elon Musk…

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Stocks cruise pass 7,000 psychological level after 7 years

The benchmark All Share Price Index (ASPI) of the Colombo…

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World Bank Forecasts 3.3% economic growth for Sri Lanka in 2021

The World Bank (WB) projects Sri Lanka's economy to grow…

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Sri Lanka targets 1.5 million tourist arrivals for 2021

Sri Lanka targets 1.5 million tourist arrivals this year as…

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Sri Lanka’s Telephone Penetration Drops in 3Q2020

Sri Lanka's telephone Penetration (including Cellular Phones) declined by 19.3…

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Sri Lanka’s economy contracted by 3.9% in 2020- Central Bank

The Central Bank (CB) expects Sri Lanka's economy to have…

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Sri Lanka to ban maize-based alcohol and ethanol production

President Gotabaya Rajapaksa has ordered the Excise Department Chief to…

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Sri Lanka resumes Tourism Activities with the arrival of First Tour Group

Ukrainian low-cost  Carrier, SkyUp brought the first group of tourists…

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Arrival of Russian Tour Group postponed

Russia’s national airline Aeroflot has postponed the scheduled flight to…

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Buyer of Piramal Glass Ceylon part of Blackstone Group

ICRA India confirmed that Blackstone Group Inc'acqusition of Piramal Group’s…

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Justice K. Sripavan appointed as the New Commercial Bank Chairman

The Board of Directors of Commercial Bank green-lighted the appointment…

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IATA to launch its Travel Pass within 1Q2021

The International Air Transport Association (IATA) is on the schedule…

By Author

Sri Lankan Airlines plans to procure two freighters in 2021

Sri Lankan Airlines (UL) plans to call Request for Proposals…

By Author

Sri Lanka targets $2.5 B FDI in 2021

Sri Lanka targets $2.5 billion worth of Foreign Direct Investments…

By Author

LOLC acquires Hemas’ Serendib Hotel PLC for Rs.792M

Sri Lanka's Hemas Holdings PLC (HHL) has divested its’ shareholding…

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Sri Lanka’s trade deficit declines in October

Sri Lanka's trade deficit declined by $320 million to $514…

By Author

No Final Decision yet on Airport re-opening in January

The government hasn't made a final decision yet on opening…

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Blackstone acquires Piramal Glass for $1 billion

The World's largest alternative equity firm, Blackstone Group Inc,  …

By Author

Sanjaya Mohottala assumes duties as the Head of BOI

Sanjaya Mohottala assumed duties today as the 21st Chairman of the…

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Global Aviation Bodies Urge governments Follow Global Guidelines on Crew Testing

The International Air Transport Association (IATA) and the International Federation…

By Author

Sri Lanka eyes to open borders next month targeting long-term travelers

Sri Lanka's government eyes to re-open the country for foreign…

By Author

Airbnb plans to raise $2.5B in IPO

San Francisco-based short-term rental company, Airbnb, Inc. to raise $2.5…

By Author

Ceylon Graphite commences trading on the OTCQB Venture Market

Vancouver- based Ceylon Graphite Corp. announces that its common shares have…

By Author

Budget 2021 is unlikely to provide a meaningful boost to the economy – Moody’s

Sri Lanka's growth-oriented budget is unlikely to provide a meaningful…

By Author

Transform your kitchen with Singer’s elegant array of built-in appliances

As we continue to witness the rise of luxury residences…

By Author

Experience HUTCH at your finger Tips, with the new advanced HUTCH Self Care App

HUTCH, Sri Lanka’s preferred choice for mobile broadband services has…

By Author

Thailand leads in race for ASEAN Digital Hub with upgraded ICT infrastructure

Thailand, which leads ASEAN in 5G rollout, is eyeing the…

By Author

Ocean Lanka Enters into Partnership with Cotton made in Africa (CmiA)

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric…

By Author

ABS Courier awarded ‘3PL of the year 2020’ at Daraz Seller Summit

Wins first place in recognition of its high standards in…

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Sri Lanka’s INIVOS and UK’s Muzulu in milestone partnership to offer full-scope Enterprise solutions

INIVOS Consulting, the fully fledged Sri Lankan Enterprise Resource Planning…

By Author

48 MP Quad AI Camera, 5000mAh battery, 4GB Ram + 128GB Rom packed Huawei Y7a up for grabs in Sri Lanka

Huawei, the global smartphone brand recently launched Y7a – a…

By Author

Huawei’s Ryan Ding: Maximizing Wireless Network Value for a Golden Decade of 5G

At the 2020 Global Mobile Broadband Forum (MBBF), Huawei's Executive…

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Sri Lanka’s air pollution levels back to normal

Sri Lanka's air pollution levels have returned back to normal…

By Author

Sri Lanka eyes to expand Sapugaskanda oil refinery to limit forex outflows

The Cabinet of Ministers recently approved a proposal to conduct…

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Mental Wellness Is a $121B Market – Global Wellness Institute

The Global Mental Wellness economy is estimated to be over…

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Swadeshi Khomba Baby Hoda Purudu celebrates World Children’s Day with “Hoda Purudu ” educational campaign

The Swadeshi Industrial Works PLC launched a novel hygiene awareness…

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HUTCH signs up Gayathri Shan as new Brand Ambassador

Sri Lanka’s preferred choice for mobile broadband services, HUTCH has…

By Author

Singer Finance leads Tier Two Rankings by K Seeds Investments

In the latest national rankings of ‘Listed Finance Companies of…

By Author

Five reasons why Huawei Nova 7 SE is the smartphone you should switch to

Huawei Nova 7 SE is the latest 5G smartphone to…

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UAE cancels lenient penalties for ‘honour killings’

The United Arab Emirates said on Saturday it was cancelling…

By Author

Hatch and LSEG SL completed the 4th iteration of the KICKASS Bootcamp

Amidst a backdrop of uncertainty, Hatch and London Stock Exchange…

By Author

VMware Empowers Customers to Build their Multi-Cloud Future

VMware’s Multi-Cloud Strategy Unlocks the Value From Any Cloud While…

By Author

HUAWEI CLOUD Releases Device-Cloud Synergy Meeting Solution in APAC

Huawei launched HUAWEI CLOUD Meeting, its full-scenario, secure and reliable…

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Uber, Lyft spend big, win in California vote about drivers

Uber, Lyft and other app-based ride-hailing and delivery services spent…

By Author

Gear up for 5G with Huawei Nova 7 SE, the first-ever mid-range 5G smartphone

The age of 5G has dawned. Huawei, a pioneer in…

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5GDNA Joins the 3GPP Family

3GPP recently announced that the 5G Deterministic Networking Alliance (5GDNA)…

By Author

Pyxle International and Trabeya announce merger

Combined entity will have the leadership, resources and scale to…

By Author

Sri Lanka’s bonds hammered as U.S. dubs China “predator”

Sri Lanka’s government bonds fell heavily on Wednesday as the…

By Author

HP Printers now available at Singer

Singer Sri Lanka PLC, country’s premier consumer durables retailer has…

By Author

ICICI Bank exits Sri Lanka

India-based ICICI  bank has shut down its offshore unit in…

By Author

VMware Unveils 5G and Edge Advancements, Driving Sri Lanka Towards New Chapter of Innovation-Led Growth

Strengthened 5G Telco Cloud Portfolio with Cloud Native Support enables…

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Huawei revenue in Q3 2020 at a 9.9% growth

Huawei recently announced its business results for the first three…

By Author

Sri Lanka’s cement volumes to recover in FY2022

Sri Lanka’s total cement volumes is forecasted to recover in…

By Author

Sri Lankan to ban several single-use plastic products from 2021

The government decided to ban a range single-use plastic and…

By Author

Huawei releases Sustainability Progress Report

Enriching lives with technology Huawei Consumer Business Group (BG) recently…

By Author

Dairy industry seeks clear access to land and water for forage crops

The All Island Dairy Association (AIDA) urges the government to…

By Author

Huawei Launches All-scenario Intelligent Connectivity Solutions

the UN Broadband Commission and Huawei held the sixth Ultra-Broadband…

By Author

Seamless Work From Home and Learn From Home possibilities with Huawei devices

Huawei, the global smartphone brand has ensured that its devices…

By Author

VMware Delivers Intrinsic Security to Sri Lanka’s Digital Infrastructure, Fast Tracking Business Innovation and Resilience

Focus on intrinsic security enables organizations to build future-ready businesses…

By Author

DIMO Southern Warriors clinch inaugural Army Commander’s T20 league 2020 Trophy

The inaugural Sri Lanka Army Commander’s T20 League tournament concluded…

By Author

Prime Minister pays an impromptu visit to Cinnamon Life construction site

The Prime Minister Mahinda Rajapaksa, made a brief impromptu visit…

By Author

Huawei Launches ADN Solution for Enterprises, Bringing Intelligent Connectivity Within Reach

At HUAWEI CONNECT 2020, Huawei officially released its Autonomous Driving…

By Author

DIMO to Enter Agro Tourism with its Agri Techno Park in Dambulla

“DIMO Agribusinesses”, the agriculture arm of DIMO, has selected its…

By Author

The government to call proposals to build a multi-storied car park in Otter Club premises

The government has decided to build multi-storied car parks with…

By Author

Top client sues PwC SL

According to latest local media reports, the major shareholders of…

By Author

DIMO and NTB partner to offer exclusive leasing solutions

DIMO, the only Authorized General Distributor for Mercedes-Benz and Jeep…

By Author

Jamie’s Magical Adventures in Floffinville debuts in a virtual book launch

First time author, A. A. Moses recently launched her novel,…

By Author

Singer awarded ‘Retail Brand of the Year – Sri Lanka 2020’ by Global Banking and Finance Review

Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer…

By Author

Communique PR celebrates a year of redefining communication strategies

Moves to new office, strengthens team and expands offerings Communique…

By Author

The Big Bad Wolf Online Book Sale to howl until October 8 by popular demand

Ensures a smoother experience through essential technical advisory The World’s…

By Author

7 promising Sri Lankan startups graduate from Sri Lanka’s first virtual fintech accelerator

HatchX, Sri Lanka’s first fintech startup accelerator programme, recently concluded…

By Author

Hutch is among the world’s top 30 “most improved” mobile operators

Sri Lanka’s Hutchison Telecommunications (Hutch) among the world’s top 30…

By Author

Axiata Digital Labs to support National ICT Awards 2020 as the Exclusive Innovation Partner

Axiata Digital Labs announced today that they have signed a…

By Author

Style up your fitness with the new HUAWEI WATCH FIT

Reframe your fitness, health and style with the latest smart…

By Author

SLIM NASCO – Sri Lanka’s most anticipated sales awards calls entries for year 2020

SLIM NASCO Awards 2020, Sri Lanka’s premier national sales awards…

By Author

TECH4ALL: Powering Digital Inclusion with Technology

ICT can bring new value and approaches to digital inclusion…

By Author

Axiata Digital Labs is the Exclusive Innovation Partnership for 2020 National IT Conference

Axiata Digital Labs announced recently that they have entered into…

By Author

Cabinet approves forex cover for investors to boost inflows into local-currency bonds

The Central Bank of Sri Lanka has identified the need…

By Author

Singer Huawei September Carnival offers unbeatable discounts on new laptop and smartphone models

The exultant second run of Singer Huawei Carnival that awards…

By Author

Prime Group’s Website Crowned as the Best Corporate Website in Sri Lanka

Prime Group – the country’s leading real estate company and…

By Author

Huawei Announces New Developer Technologies Capable of Smarter All-Scenario Experiences

Huawei Developer Conference 2020 (Together) was held today at Songshan…

By Author

Pelwatte Dairy Partners with Leading Supermarket Chains to Offer New Product Deals

Pelwatte Dairy transforms the shopping experience with value-for-money dairy deals…

By Author

Mitsubishi Heavy Industries recognises Singer Sri Lanka for outstanding performance

Singer Sri Lanka PLC has been commended for its exceptional…

By Author

Path breaking Huawei Golf Tournament teed off in Sri Lanka

Huawei, the leading global technology solutions provider, recently hosted the…

By Author

Ocean Lanka recognises sixty-three long-serving employees

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric…

By Author

Innovative Microwave Solutions Proposed at Huawei 5G Microwave Asia-Pacific Conference for Heavy-Rain Regions

The Huawei 5G Microwave Asia-Pacific Conference was held online recently,…

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FUTURE OF THE SMARTPHONE MARKET IN SRI LANKA by Kevin Jiang

As the world integrates the ‘New Normal’ in the ecosystem,…

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Huawei P40 Pro hailed as the latest aesthetic showpiece

Huawei P40 Pro is the latest addition to Huawei’s array…

By Author

Huawei P40 Pro sets a new benchmark in smartphone photography

Huawei P40 Pro is the latest flagship smartphone rolled out…

By Author

Axiata Digital Labs partners with LK Domain Registry for Sri Lanka’s only web competition

Axiata Digital Labs announced that they have entered into a…

By Author

JOHN KEELLS FOUNDATION PILOTS SUBSTANCE ABUSE PREVENTION AWARENESS IN HIKKADUWA!

Use of drugs by school children in both urban and…

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INIVOS Consulting on a role to equip Sri Lanka’s enterprise sector with ERP solutions

INIVOS Consulting, the fully-fledged Enterprise Resource Planning (ERP) solutions provider…

By Author

Singer partners with Malaysia’s Signature Group to introduce world’s leading Kitchen solutions to Sri Lanka

Singer, Sri Lanka’s premier consumer durables retailer, has partnered with…

By Author

Huawei’s Postal Repair Service boosts customer convenience

Huawei, the innovative smartphone manufacturer has introduced an all-new Postal…

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Singer, SLIM join forces to boost sales team stature

Aims to provide a world-class customer experience Singer (Sri Lanka),…

By Author

HUAWEI Assistant · TODAY Wins World-Renowned Red Dot Award 2020

Dubbed the “Oscars” of the design industry, the Red Dot…

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Ocean Lanka Knits a Classy Silver Jubilee in Fabric Manufacturing

Since its inception, Ocean Lanka has established itself as Sri…

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Huawei co-sponsors ICTA for “e-Swabhimani 2020” Digital Social Impact Awards

World’s leading ICT provider, Huawei co-sponsors Information & Communication Technology…

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Pelwatte Products hailed for its rich, creamy flavour amongst the culinary experts

Pelwatte Dairy, the renowned dairy producer of Sri Lanka has…

By Author

Pelwatte launches alluring new ice cream flavours; Faluda and Ginger Biscuit

The local diary giant Pelwatte introduced two brand new flavours…

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Sri Lanka ‘Women-led Startups’ braving C19 now vie for next level

How good is betting on a South Asian startup incubator…

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Singer Fashion Academy’s Certificate in Fashion Designing program calls for enrollments

The Singer Fashion Academy, being in operation for over 60…

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Key reforms in consolidating NBFI sector comes under the spotlight

By Sanjeewa Bandaranayake Non-Banking Financial Institutions (NBFI) sector has evolved…

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Writings and statements of Sri Lanka’s most internationally recognized Ambassador now in a single volume

Sri Lanka Unites is the honored custodian of this comprehensive…

By Author

Expolanka supports post-COVID revival of air freight forwarding from Mattala Airport

Leverages longstanding relationships with international carriers to ship exports Leading…

By Author

Maximum interest rate on credit cards reduced to 18%

The Central Bank of Sri Lanka (CBSL) has revised the…

By Author

CBSL expects GDP growth to pick up pace in Q4 2020

Sri Lanka is expecting a contraction of gross domestic product…

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ICTA board further strengthened by leading industry tech personalities

Sri Lanka’s technological transformation is at the forefront of His…

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SL will halt oil palm cultivation: President

Delivering the Policy Statement of the new government at the…

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Huawei P40 Pro released in Sri Lanka with a pack of incredible features

Huawei, the innovative smartphone manufacturer recently launched the feature packed…

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Huawei Nova 7i launched in fresh Skyline Grey color

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President pledges $ 5m to SAARC Corona Emergency Fund

President Gotabaya Rajapaksa today pledged a $ 5 million contribution…

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The Emirates Group’s business response to COVID-19

Since the COVID-19 outbreak began, Emirates and dnata have been…

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SriLankan Airlines brings home 829 stranded pilgrims from India

As initiated and facilitated by the Government of Srilanka, SriLankan…

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PM instructs release of food, essential commodities to market without shortage

Prime Minister Mahinda Rajapaksa has given instructions to distribute food…

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Gazette postponing election issued

The official gazette notification on the postponement of the General…

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The new benchmark in midrange smartphones: Nova 7i now in Sri Lanka

Huawei, the innovative smartphone manufacturer, recently introduced Huawei Nova 7i…

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Remote working due to coronavirus? Here’s how to do it securely

By Paul Ducklin: If you’re on your company’s IT team,…

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The World Federation of Exchanges issues statement on Covid-19 and market volatility

Exchanges and CCPs support market participants in the face of…

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Huawei, Deloitte collaborate on whitepaper for combating COVID-19 with 5G

In collaboration with Huawei, Deloitte has published a new whitepaper…

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SIEMENS – DIMO Consortium to Enhance National Power Supply with CEB

DIMO together with SIEMENS, a global technological and electrical solutions…

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HUTCH gears up to “Be. Anywhere.” offering inclusive connectivity island wide

HUTCH organized an engaging event to unveil its fresh value…

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Velona Cuddles Wins Big at SLT Zero One Awards

Velona Cuddles, the leading Diaper brand in Sri Lanka, won…

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World stocks set for worst week since 2008 financial crisis

World stocks were set on Friday for their worst week…

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President calls on researchers to identify right model to develop a small country

President Gotabaya Rajapaksa requested the heads of research organizations to…

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Sri Lanka imposes travel ban for passengers from Iran, Italy & S. Korea

Sri Lanka has imposed a travel ban for passengers arriving…

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Coronavirus will bankrupt more people than it kills – and that’s the real global emergency

Coronavirus’s economic danger is exponentially greater than its health risks…

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eMarketingEye dominates SLT Zero One Awards by winning top awards including “Overall Best Digital Media Agency”

eMarketingEye (www.emarketingeye.com), the award-winning Digital Marketing Agency and a pioneer…

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“SINGER” Peoples No. 1 Brand of the Year for 14th consecutive year

Also wins the Consumer Durables Brand of the year The…

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ධම්මික නව සමාගමක් අරඹයි

වැලිබල් ප්‍රොපටීස් ලිමිටඩ් සමාගම් 2020 මාර්තු 05 දින සංස්ථාපනය කර…

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වර්තමානයේ දී ගෝලීය වසංගත තත්ත්වයක් දක්වා උත්සන්න වී ඇති කොරෝනා…

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ඉදිරි පස් වසර තුළ දළ දේශීය නිෂ්පාදනයට සමුද්‍රීය සංචාරක කර්මාන්තයෙන් 11% සිට 23% ක දායකත්වයක්

ශ්‍රී ලංකා අපනයන සංවර්ධන මණ්ඩලය, බෝට්ටු නිෂ්පාදන තාක්ෂණය වැඩිදියුණු කිරීමේ…

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කොටස් වෙළෙඳපොළ ගනුදෙනු සතියේ දෙවන දිනයටත් අත්හිටුවයි

කොළඹ කොටස් වෙළෙඳපොළ දෛනික ගනුදෙනු අද පෙරවරු 11.44ට අත්හිටුවනු ලැබීය.…

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4th PropertyGuru Asia Property Awards (Sri Lanka) searches for the best of South Asia’s island markets

A Triumphant Return of The Region’s Most Prestigious Real Estate…

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A “Slow Boat” around Sri Lanka launches

In an all new, exciting edition of the Slow Boat…

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Huawei Y7P brings Unmatched Superiority in Mid-range Smartphones

Huawei, innovative smartphone manufacturer, recently unveiled their novel addition to…

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Power Woman – All Set for Sri Lanka’s largest Women’s Day Celebration in 2020

Festival at Avenra Garden Hotel on 8th March 2020 from…

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DIMO facilitates Ettampitiya Safe Water Supply Project

Industrial Engineering Team of DIMO facilitated the Ettampitiya safe Water…

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Velona Cuddles Launches Sri Lanka’s First Diaper Subscription App

Velona Cuddles, the leading baby diaper brand in Sri Lanka,…

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Huawei signs MOU with Sri Lanka’s Moratuwa University to enhance ICT Knowledge Transfer

Huawei Sri Lanka and University of Moratuwa (UOM) entered into…

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Sanjaya Mohottala Assumes Duties as Director General of BOI

Mr. Sanjaya Mohottala assumed duties on Monday (02) as Director…

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ComBank celebrates Women’s Day with big discounts on ‘Anagi’ Debit Card purchases

‘Anagi’ Women’s Savings Account holders of the Commercial Bank of…

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APTS named among Asia’s Greatest Brands and Leaders

With over a decade of excellence in providing innovative technology…

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Huawei Offers Superior Services through Its Nationwide Services Centers for Huawei Y7P

Huawei, innovative smartphone manufacturer, recently unveiled its all-new introduction to…

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More than 4000 teachers to be joining the In-Service Advisors Service

The cabinet approval has been granted to proceed forth with…

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Appointments to unemployed graduates in its last stage

The handing over of appointment letters to the unemployed graduates…

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“யூனியன் லைஃப்ஸ்டைல் போனஸ்” ஊடாக ஆரோக்கியமான வாழ்க்கை

ஆயுள் காப்புறுதிதாரர்கள் மகிழ்ச்சியான மற்றும் ஆரோக்கியமான வாழ்க்கையை முன்னெடுப்பதை உறுதி செய்யும் வகையில்,…

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ASEAN digital innovation ecosystem welcomes all market players: AEC Deputy Secretary-General at Huawei conference

The success of ASEAN’s digital transformation need the support of…

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Ideal First Choice expands to Dambulla and Wanawasala

Ideal First Choice, the multi brand total after care arm…

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Gazette to dissolve parliament sent to Govt. Printer

The Gazette notification pertaining to the dissolution of the Parliament…

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EY to Discuss on the New Loan Classification Direction for the Licensed Finance Companies

Financial Accounting Advisory Services (FAAS) – Academy of training of…

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SLT Group Revenue crossed Rs. 86 Bn mark while PAT grew by 28%: FY 2019

Sri Lanka Telecom PLC (SLT) the leading Digital Lifestyle Service…

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යුනියන් ලයිෆ්ස්ටයිල් බෝනස් වෙතින් නිරෝගී දිවියකට අත්වැලක්

යුනියන් ඇෂුවරන්ස් සමාගමේ ජීවිත රක්ෂණ හිමියන්ට වඩාත් නිරෝගී ජීවිත ගතකිරීමට…

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Healthy Living assured with ‘Union Lifestyle Bonus’

Encouraging life insurance policyholders to enjoy life and lead healthier…

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UN rights chief to present oral update on Sri Lanka’s withdrawal from resolution

The United Nations High Commissioner for Human Rights, Michelle Bachelet…

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Sri Lanka Corporate Health and Productivity Awards 2020: Drives Change by Upholding Health and Wellness Practices

‘’Sri Lanka Corporate Health and Productivity Awards 2020’’ conducted by…

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Global stock markets plunge on coronavirus fears

BBC - Global financial markets saw some of the sharpest…

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Inflation increased in January 2020

Headline inflation as measured by the year on-year (Y-o-Y) change…

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HUTCH announces completion of its island-wide network coverage expansion and 4G roll-out

Unveiling a pivotal achievement post its strategic acquisition of Etisalat…

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Huawei launches TECH4ALL in Sri Lanka, assures committed to work towards Digital Inclusion

Huawei, leading global information and communications technology solution provider, recently…

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UL eyes Airbus payback

Sri Lanka Airlines (SLA) is in consultation with the Attorney…

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Dialog Axiata Signs USD 250Mn Investment Agreement with BOI

Dialog Axiata Group, the largest Foreign Direct Investor (FDI) operating…

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Coronavirus dampens Sri Lanka manufacturing and service activity in Jan

Sri Lanka’s industrial and service sectors grew at a slower…

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Hambantota Port observes employees returned from China before epidemic broke

With the coronavirus epidemic becoming a serious cause for concern,…

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New Management Head at Lotus Towers assumes duties

Retired Major General Prasad Samarasinghe assumed duties as the Head…

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Hemas Holdings see Sri Lanka consumer recovery, net down 4.9-pct in Dec

Sri Lanka’s Hemas Holdings, which has interests in consumer, healthcare, logistics…

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President says without blaming past ready to build the country

This government will work with commitment to save the country…

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President wants a university curricular fitting the job market demand

President Gotabaya Rajapaksa says that the present education system should…

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Smart card, E-ticketing system for railway seat reservations

A smart card and an online E-ticketing system would be…

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Decisions taken at the meeting of the Cabinet of Ministers on 05.02.2020

01.Management of archaeological heritages of Rajagala archaeological complex.It has been…

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HNB Finance wins Silver at the BestWeb.lk Awards 2024

HNB Finance, Sri Lanka’s leading integrated financial services provider, claimed…

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Maldives to Revamp GST: A Bold Move to Curb Tourism Leakage

In a sweeping reform aimed at reclaiming lost revenue, the…

By Jithendra Antonio

Ather Energy Charges Into Sri Lanka, Sparks Excitement with New Partnership

In a bold move that's sure to electrify the Sri…

By Jithendra Antonio