Business News

The Central Bank has imposed maximum interest rates on pawning advances of licensed banks to provide relief to low income families…

As COVID-19 is altering almost everything including how people shop for their day-to-day needs, some chief executives expect such …

Sri Lankan Missions abroad seek to re-position Sri Lanka’s exports to meet market conditions resulting from the COVID-19 crisis,…

By Shabiya Ali AhlamAs Sri Lanka is in the midst of exploring all possible avenues to bounce back from the upheaval set in motion …

The worker remittance inflows to Sri Lanka this year are projected to decline by 19 percent year-on-year (YoY), driven by the glob…

The Easter Sunday attacks and the tremors felt across the economy in its aftermath cost the Sri Lankan economy a mammoth Rs.150 bi…

The Export Development Board (EDB) yesterday renewed its call to the government and the business community to give utmost prominen…

The depleted consumer incomes and temporary import restrictions on non-essential imports could deal a heavy blow to Sri Lanka’s …

The month of April considered as the beginning of 'spring season' in the country when trees flourish with fruits and blossoms. See…

Manning Market in Colombo were seen crowded with people who had come to purchase vegetables and other essentials while most of the…

The local tea industry is urging the government to increase the number of working days of relevant government departments to facil…

Prime Minister Mahinda Rajapaksa today issued an Extraordinary Gazette suspending Sri Lankans from making payments through Outward…

The Government has decided to suspend or limit the importation of non-essential goods except pharmaceutical products and fuel, Cab…

Sri Lanka’s sprawling ride-hailing industry dominated by PickMe and Uber fell victim to what appears to be a protracting coronav…

HSBC, the largest international bank in Sri Lanka, is offering a range of relief measures for its personal and corporate customers…

At a time when calamity strikes us, when every one of us in the whole wide world (www) are caught off guard how many of us – cit…

In view of the extension of the ongoing curfew in the districts of Colombo, Gampaha and Puttalam, the Colombo Stock Exchange has d…

ZAGREB AFP March22, 2020 - A 5.3-magnitude earthquake tore down chunks of buildings in Zagreb and left a teenager in critical cond…

Nishan De Mel By Shabiya Ali AhlamAs Sri Lanka is witnessing its economy coming to an almost stagnant state due to the unavoidable…

The government has decided to remove import duty and other taxes imposed on all imported face masks and disinfectants includi…

Handing Over of the PlasticNeutral® Certificate (from Left) Sanith de S. Wijeyeratne - CEO, CCC, Marc Perera - CEO, Eco Friends, …

The local apparel sector, following a series of stakeholder consultations, has assessed that the immediate revenue loss for the in…

Tourism authorities in coordination with the Health Ministry will prepare a new programme to address the coronavirus outbreak impa…

The owner of this enterprise, a former commando, is a successful businessman. When Yahapalanaya took office following the fall of …

Senkadagala Finance PLC yesterday acquired Candor Asset Management, a unit trust and asset management firm, from Eagle Proprietary…