Business News

Pan Asia Banking Corporation PLC, one of the fastest growing Sri Lankan commercial banks, reported its best ever profit recorded f…

The country’s economy was on the brink of collapse with the US Dollar exchange rate reaching Rs.180, Mahajana Eksath Peramuna (M…

The government has already received 88 enquiries for the  Hyatt and Hilton Hotels from leading investors from all over the world …

Prime Minister Ranil Wickremesinghe, highlighted the need to maintain Freedom of Navigation and Freedom of Digital Connectivity in…

The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an …

Despite playing a huge role in the country’s economy, Sri Lankan entrepreneurs and SMEs are struggling to advance their business…

The vilification of oil palm in Sri Lanka on the grounds of the crop’s purported adverse impact on the environment is completely…

Sri Lanka has the potential to more than double exports to South Asia, suggests a new World Bank report titled ‘A Glass Half Ful…

ECONOMYNEXT – Sri lanka’s earnings from merchandise exports surpassed a billion US dollars for the second consecutive month in…

CSE/SEC-organised ‘Invest Sri Lanka’ Forum in London today; in Edinburgh on Wednesday  13 Listed Companies to pitch for…

Tourism earnings during the first eight months as well as during the month of August this year reflected the same trend as arrival…

State Minister of National Policies and Economic Affairs Dr Harsha de Silva has pulled out from speaking at an Investors’ Forum …

Claims his government managed 2008 crisis without people suffering Blames current administration’s policies for depreci…

To overcome currency crisis massive loans obtained by previous regime, main cause. Prime Minister Ranil Wickremesinghe yeste…

The South Asian country had earlier imported nearly all of its crude from Iran Sri Lanka has stopped crude imports from Iran and …

Sri Lanka’s information technology industry will prioritise data science and artificial intelligence in its drive to sharply inc…

Prime Minister Ranil Wickremesinghe on Friday (14 September) called on the private sector to set up educational institutions to ca…

The new value added tax (VAT) refund scheme for tourists could help draw investments by international retailers to Sri Lanka as we…

Sri Lanka's tax revenues grew 3 percent to 845.3 billion rupees in the six months to June 2018, and current spending grew at a fas…

Minister Ranawaka says international financial city to be inaugurated on 18 Oct. Govt. approval given for MoU with CHEC for b…

The U.S. Embassy signed a Memorandum of Understanding on August 30 with the Matara Chamber of Industry and Commerce to open a new …

https://youtu.be/CHX6hH6YGdQ?t=5 A family has been caught on CCTV camera when were stealing from a supermarket in Parakaduwa-Eh…

The two fund management companies set up to handle Mahapola Higher Education Trust Fund are to be liquidated after incurring losse…

The proliferation of crypto-currencies poses a serious threat to the Central Bank of Sri Lanka (CBSL), warned former CBSL Deputy G…

Sri Lanka’s Digital Literacy has reached 39% and ICT exports have surpassed USS 1 billion making ICT the 5th largest foreign exc…