The Board of Investment (BOI) is moving to fast-track the proposed Export Processing Zones (EPZs) at Paranthan and ...

The Government and the Petroleum Development Authority of Sri Lanka (PDASL) took the country’s offshore oil and gas acreage ...

Scouts, a homegrown Sri Lankan team that designs, manufactures and deploys advanced drone-based safety solutions, has ...

The Sri Lanka Export Development Board (EDB) yesterday presented appointment letters to members of its 24 Advisory Committees ...

Pay Business, powered by LOLC Finance, has launched its new business proposition, “Wyapara Balaganwayi”, bringing together ...

Sri Lanka’s record recovery in consumption has come alongside a downward shift in household incomes, with a new study showing that about 0.4 million households have slipped out of the middle class ...

Director Major General (Retd.) Suresh Sallay was to be returned to the custody of the Criminal Investigation Department (CID) yesterday afternoon, after doctors found him fit to be discharged from ...

Former First Lady Shiranthi Rajapaksa was remanded in custody until 13 October by the Colombo Magistrate’s Court yesterday, hours after her arrest by the Commission to Investigate Allegations of ...

Founder and Chairman Chandula Abeywickrema represented Sri Lanka at the GSG Impact Global Leadership Meeting, held in ...

A 25-year-old man from Wellampitiya has been arrested by the Police Financial Crimes Investigation Division (FCID) for allegedly transferring $ 25 million (approximately Rs. 7.5 billion) overseas ...

Sri Lankan brands face a tougher fight for customers both from local rivals and from abroad, with a new study showing that brand loyalty is eroding across key categories as digital channels widen ...

Sri Lanka’s banks are leaving a large pool of consumer demand untapped, with a new study finding credit concentrated among higher-income urban households and penetration low enough to leave ...