Business News

The Ceylon Petroleum Corporation (CPC) is planning to form a new subsidiary company named ‘Trinco Petroleum Terminals Ltd’ to …

Fresh instructions appear to carry broad based effect, going beyond remittances CBSL earlier asked banks to give Rs.10 extra for …

Presently there is a milk powder shortage prevails in the country due to the inability to open Letters of Credit (LCs) through ban…

Chief Government Whip and Highways Minister Johnston Fernando today urged the chairmen and top officials of the gas companies to c…

Sri Lanka has requested the Pakistan Government to ensure timely receipt of financial benefits from the employer and the Governmen…

The railway trade union action should be taken in a way that would not incur problems for the people and if trade union action is …

Foreign Minister Prof. G. L. Peiris welcomed the announcement of the donation of US$ 100,000 by the business community in Sialkot …

The government has decided not to import any vehicles into the country and not to admit any new staff appointments for next year, …

Continuing its trailblazing legacy at the Best Corporate Citizens Sustainability Awards (BCCSA) 2021, Sri Lanka’s leading privat…

The two main gas companies have decided to issue their new stocks of LP gas cylinders while carrying coloured polythene seals with…

The Consumer Affairs Authority (CAA) said that it has decided to release domestic gas cylinders to the market from tomorrow (05) u…

Legislation will be brought to Parliament shortly to permit the growing and export of ganja as a medicine for a number of noncommu…

Due to the higher amount of carbon emissions from gasoline vehicles and due to the current air pollution in urban areas, the gover…

The local export sector crossed the US$ 1 billion mark for the fifth time this year with October fetching an export revenue of US …

Says country being identified as both ‘Sri Lanka’ and ‘Ceylon’ makes marketing difficult Stresses need for global promotio…

The vehicle import ban, which has been in effect since March last year, is expected to continue for another six to seven months, S…

The Board of Investment (BOI) has been summoned before Committee on Public Enterprises (COPE) on November 11, the committee’s ch…

Aimed at riding its next growth wave, Sri Lanka’s pioneer e-commerce enterprise Kapruka is to list on the Colombo Stock Exchange…

The amendment to the Appropriation Act No. 07 of 2020 to increase the borrowing limit was recently approved by the Committee on Pu…

NSEE Cement – currently operating at 3.6 million ton maximum production and import capacity – has added two more shipping vess…

The water supply could be disrupted if the Ceylon Electricity Board (CEB) is unable to restore power breakdowns during the protest…

Sri Lanka’s most innovative private sector bank HNB PLC partnered with leading supermarket chain Keells to enable LANKA QR payme…

While claiming the current shortage of 'Litro' gas is due to a distribution issue, a senior official of the Litro Gas Company said…

The rejection to accept a consignment of organic fertilizer contaminated with hazardous substances shipped to Sri Lanka by the Qui…

The Central Bank of Sri Lanka (CBSL) has been receiving information regarding certain Scams where organized parties seem to be cla…