By Krishantha Prasad Cooray In many ways, the economic collapse of Sri Lanka became a near certainty in the weeks after Gotabaya Rajapaksa was elected President. In hindsight, it is clear to all that his government’s number one priority was consolidating their power and punishing those it saw as its enemies. Their next priority was […]

"We need to provide the right product and think out of the box in this segment. It's highly competitive."

The Greater Mekong Chamber deals with East Asian countries

Aziz said the company has set a total revenue target of 1.1 billion rupees by 2024.

By Rathindra Kuruwita Those who claimed that privatisation was the panacea for Sri Lanka’s economic ills had to present information about privatise institutions first, Janatha Vimukthi Peramuna (JVP) leader Anura Kumara Dissanayake said on Wednesday at a conference on privatisation of state assets. Dissanayake said that the SLPP had campaigned in 2019 and 2020 on a […]

Shares have been on the rise mainly on positive sentiment after the IMF comments.

Workplace violence and harassment has led to the loss of six working days per employee every year

Existing vaccination centres around the country will continue to operate all seven days of the week as usual

By Chaminda Silva The workers at Free Trade Zones (FTZ) was scheduled to resort to trade union action, demanding an allowance to match the rising cost of living, Convener of the National Centre for Free Trade Zone Workers, Gamini Ratnayake, said yesterday.There were148,000 workers in FTZs and their basic salary starts at Rs. 16,500, he […]

A preliminary discussion was held on Wednesday under the patronage of President Ranil Wickremesinghe to reach a bilateral agreement between Nepal and Sri Lanka on the development of Sri Lanka s tourism sector and the expansion of university education opportunities.

Market sees over 600 million rupees of net foreign inflow

We can make the Mannar Island like entertainment location like Macau island

By Hiran H.Senewiratne The government’s lethargy towards the gem and jewelry sector prevented more than US$ 1 billion in foreign exchange from coming into the country per year, a well-known gemologist said. “Currently Sri Lanka’s gem and jewelry export income is less than US$ 300 per year, which could be developed to a US $ […]

The ex-president did not, however, congratulate Sri Lanka's national netball team.

Arrivals down 20 percent in August compared to July.

As tourism revives Leading DJs from Mexico who have entertained crowds across Europe, North and South America, Marisol and Ivonne Grajales were touring Sri Lanka recently, storming some of Colombo’s most happening venues. The sisters, who have spun their vibrant sounds to full houses and performed at epic DJ sets across the world including the […]

For the first time in parliamentary history, the Central Bank of Sri Lanka has issued a dire warning to Parliament and political parties therein over the responsibility on their part to ensure financial stability and discipline. Their failure to do so would trigger public protests again, they were told. There hadn’t been such a public […]

Electricity subsidies, surcharges, and rooftop solar units: by Dr Tilak Siyambalapitiya The Public Utilities Commission of Sri Lanka (PUCSL) altered the CEB’s proposed prices and price structure, then amended its own proposal, and announced higher electricity prices, to be effective from 10 August 2022. Neither the CEB nor the PUCSL presented, to customers, the actual […]

Imports fall as financial account inflows dry up