business Sri Lanka

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China’s non-manufacturing activities eased pace but maintained steady expansion in April. The non-manufacturing purchasing managers’ index came in at 54.3 this month, down from...

Chinese tech giant Huawei reported a 149 percent rise in research and development spending from 2014 to 2018, faster than its counterparts Apple and Samsung, according to...

Minister of Finance Mangala Samaraweera will lead the Sri Lankan Delegation to the 52nd Annual Meeting of the Board of Governors of the Asian Development Bank to be held in...

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The Bourse ended on a positive note yesterday as the ASPI increased by 0.11% or 6.25 points to close at 5,443.31 points, while the S&P SL20 Index also increased by 0.48% or...

Security had been beefed up in Nadi Fiji in preparations for the 52nd Annual Meeting scheduled to kick off on May 2. The Nadi International Airport yesterday, witnessed the arrival...

The ground was broken in Galle Fort yesterday, to build Thaproban Galle Fort boutique hotel. Thambapanni Leisure and Ayura Holdings Pvt. (Ltd.), would jointly invest Rs. 350...

Under the Southern Expressway Extension Project, the route from Mattala to Matara would be ready by December this year, according to Project Director K.W. Kandambi. He said...

The Central Bank issuing a notice said the main objective of this decision was to accelerate monetary policy transmission through the financial sector, enabling licensed banks...

The government has taken proactive measures to address much of its major external debt obligations for 2019 despite the possible negative impact for Sri Lankan economy, owing...

On Saturday April 27, despite the devastating events in Sri Lanka, the TukTuk Warriors successfully finished their 1,000 km adventure around Sri Lanka at the Suriya Resort...

Some of the select senior management of corporate, tour operators and travel agents from Sri Lanka and Bahrain at the Tourism Promotion and Road Show along with Ambassador...

Fairview Hotel Wellawatte, has received the ‘Loved by Guest’s Award for 2018/2019’ from Expedia.com. This was based on the feedback from their guests who had patronized the...

Thambapanni Leisure and Ayura Holdings Pvt. (Ltd.), would jointly invest Rs. 350 million to build a boutique hotel in the iconic Galle Fort. Sri Lanka is the only country...

The Bourse ended the week on a negative note as the ASPI decreased by 169.29 points (or -3.02%) to close at 5,437.06 points, while the S&P SL20 Index also decreased by...

The Sri Lanka Retail Association (SLRA) strongly condemn the Easter Sunday attacks that took place across the country which took the lives of many innocent people, injured...

Vehicle registrations rebounded on most categories in March recording a total of 35,150 units up from 29,837 units the previous month due to the higher number of working days...

  Any negative impact on tourism caused by Easter Sunday terrorist attacks could be minimized by the security establishment by promptly identifying and eliminating the...

Finance Minister Mangala Samaraweera will lead the Sri Lankan delegation at the 52nd Asian Development Bank (ADB) Annual Meeting to be held in Fiji from May 1 to 5. With over...

The Central Bank of Sri Lanka has observed high interest rates charged on lending products and excessively high interest rates offered on deposit products by licensed commercial...

Chartered Institute of Personnel Management (CIPM) Sri Lanka President-Dhammika Fernando and the Governing Council of CIPM Sri Lanka in a statement said that they were shocked...

Sri Lanka Telecom (SLT), the national ICT solutions provider entered into a partnership with Asiainfo International Pte. Ltd., a leading IT solution and service integrator...

The explosions on Easter Sunday morning, one of which was at the Taprobane restaurant at the Cinnamon Grand Hotel, Colombo, claimed precious lives and injured many. This senseless...

‘Dialog Foundation’, a charitable trust under the aegis of Dialog Axiata PLC, invites all Sri Lankans to help victims of the tragic events on 21st April, 2019, (Easter Blasts)...

The Trade Finance Association of Bankers at its 22nd Annual General Meeting held on February 27, at the Rainbow Room, Grand Oriental Hotel, elected its new Council for the...

Helping school children acquire valuable soft skills the SLIIT Business School held ‘Soft Skills + 2019’ for the 07th consecutive year at SLIIT Malabe Campus. The objective...

ATHE Global Campus (PGC) presented their new programme, the American Degree completion programme at the American Alumni Association (AAA) function recently. American University...

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Sri Lanka tea exports in March 2019 totalled 26.4 Mkgs showing a gain of .3Mkgs in comparison with 26.1 Mkgs for March 2018. Tea bags and packeted tea have shown a growth year...

Data integrity is critical for the successful implementation of Business Continuity Plans (BCPs) and risk management strategies at any business entity as failure in any part...

The demand for Strike, Riot, Civil Commotion and Terrorism insurance in Sri Lanka has suddenly increased according to several local insurance companies. This is after last Sundays...

The visa on arrival programme which was to be rolled out on May 1 has been put on hold in response to security concerns. Visa to enter Sri Lanka was to be granted to citizens...

Three Chinese airlines, China Eastern, China Southern and Air China flying to Sri Lanka have curtailed their flights with effect from May. China Eastern Airlines G.S.A Dart Aviation...

The vulnerability of the Sri Lankan economy to global and domestic disturbances became increasingly visible in 2018, with a modest expansion in real economic activity amidst...

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TOKYO -- Bank of Japan Governor Haruhiko Kuroda said Thursday the central bank will likely continue its ultra-easy monetary policy for well over another year, signaling it...

Huawei 2019 first quarter results showed that the company generated US $ 26 billion in revenue which is an increase of 39% year-on-year. The company’s net profit margin in...