Business News

Shared held by Emirates in SriLankan Airlines worth $ 53 million were transferred to People’s Bank, National Savings Bank (NSB),…

GlobalData has ranked Sri Lanka as the fourth fastest growing tourism market in the world. Iceland, Japan, Hungary, Sri Lanka and …

The second phase of Atchuvely Industrial Estate Development Project in Jaffna is now being implemented. Minister Industry and Com…

The government's new regulations on Euro Four standard motor vehicles will limit the number of Indian vehicle imports into Sri Lan…

The Moragahakanda- Kalu Ganga project will spur a massive development drive to rejuvenate the country’s agricultural hinterland,…

Two years after opening its representative office in Yangon The Commercial Bank of Ceylon has opened a microfinance company as i…

Sri Lanka launched a trade information website Friday bringing together up-to-date information on regulations and procedures relat…

ACE power dispute: The Ceylon Electricity Board Engineers Union (CEBEU) had asked its members to be wary of making payments, amoun…

Prime Minister Ranil Wickremesinghe yesterday said the Government has offered tax relief for 300% of the income from capital inves…

Sri Lanka's Keells Food Products said profits grew 34 percent from a year earlier to 56.3 million rupees in the June 2018 quarter …

SL eyes $ 28 b export revenue by 2022 PM says NES catalyst to link to global value chains, increase exports and create jobsÂ…

SOUTHBOROUGH, MA – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outs…

Sri Lanka earned nearly US$ 1.8 billion from tourism during the first five months of this year, up 14.7 per cent compared to US$ 1…

MP, ex-Senior DIG defend him Colombo Fort Magistrate Lanka Jayaratne yesterday deferred a case filed against a leading businessman…

Singapore-registered Blue Summit Capital Management Ltd and Sri Lanka’s Ben Holdings Ltd. have made a joint investment to purcha…

Gold and car imports have doubled this year compared to last year, creating tremendous pressure on the fiscal position and on the …

Values up 28.5% to Rs. 98 b and by 15.4% to Rs. 87.5 b excluding one-off profits for two corporates Food, Beverage and Tob…

The Asian Development Bank (ADB) has agreed to invest $10 million of equity in DCDC Healthcare Services Private Limited (DCDCPL), …

Auditor General Gamini Wijesinghe called on the Mahanayake’s of the Malwathu and Asgiri Chapters and commented on the proposed A…

Details of anomalies in the contract SriLankan Airlines had entered into with Phoenix Rising Ventures (PRV) were exposed at the Pr…

The number of star class hotels in operation in Sri Lanka currently and that are to be built in the future will push Sri Lanka's h…

The Ministry of Mass Media and Finance issuing a statement says that the claims made by the former governor of the Central Bank of…

Sri Lanka’s trade deficit widened in April 2018 from a year ago as export earnings growth was flat while imports rose sharply dr…

To attract Top 200 global tourism operators to the country   Sri Lanka Tourism Promotion Bureau (SLTPB) signs as the Offic…

Importers say effortto enact new Customs law not proceeding as fast as expected  Hope authorities will expedite process, p…