Business News

Export target for 2018 scaled up to US$ 17.8 bn Measures to increase exports by 15% annually Sri Lanka’s exports in 2017 h…

The Computer Emergency Readiness Team | Co-ordination Centre (CERT|CC) said yesterday they had received complaints about fraudster…

The latest edition of business magazine LMD reports a decline of 19 basis points in the LMD-Nielsen Business Confidence Index (BCI…

An alleged scam has caused a loss of Rs. 10 million at the Ceylon Petroleum Storage Terminal (CPSTL) on the day fuel prices were h…

Singer (Sri Lanka) Plc yesterday announced a 13% increase in revenue to Rs. 13.6 billion in the first quarter of 2018 in spite of …

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Recognizing t…

Central Bank's imposition of a 15 percent tax on gold imports really helped to prevent foreign exchange from going out of the coun…

The European Union has launched a Rs. 810 million project to support the modernization of Sri Lanka’s agriculture sector, accord…

Nationwide inflation during March this year contracted to 2.8 per cent year-on-year from 3.2 per cent recorded in February 2018 as…

Teejay Lanka PLC has reported profit before tax of Rs 501.7 million at Group level for the final quarter of 2017-18, to end a chal…

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The World Bank says Sri Lanka's economy will rebound in 2018 with annual growth averaging 4.5 percent in the medium term, driven b…

If you are a director or a shareholder having 25 percent or more shares in a company, it won’t be too long before an officer fro…

80% of work completed with support of 55 agencies DoC DG raises concerns over delays in implementing commitments und…

Sri Lanka's Consumer Affairs Authority (CAA) has taken measures to carry out special raids to nab errant traders throughout the …

Tourism earnings during the first two months of this year, as well as in the month of February this year reflected almost …

A New Zealand business delegation representing 13 innovative companies arrives in Colombo today on a 3-day visit to boost forging …

The Sri Lankan rubber sector is set to expand as Slovakia, the global leader in car production, has called for the sourcing of Sri…

Experts commend efforts to simplify and rationalize system Carves a clear strategic direction  Broad-bases the tax payer u…

Chairman and Commissioners re-appointed for 6 months but SEC Act specifies appointments must be for full 3-year term Confus…

Inflation in Sri Lanka, as measured by the National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5.4 pe…

Construction of ‘The One’ commenced in September 2017 and Phase 1 due to be completed in December 2021 Mega project inclu…

Japanese businesses must take advantage of Sri Lanka’s strategic location, preferential market access into key economies, and be…

Sri Lanka’s internet and smartphone use has grown to a considerably high level in recent years but e-commerce users among them a…

High Commissioner of Seychelles in Sri Lanka, Conrad Mederic, has requested State Minister of Fisheries and Aquatic Resources Deve…