The management of Galadari Hotel, one of the upscale hotels in Colombo, has been handed over to an international hotel company, Radisson Hotels Asia Pacific Investments...
In an unexpected development, Hatton National Bank Chairperson Ms. Aruni Goonetilleke submitted her resignation yesterday (Friday) at a special meeting of the board and a new...
Ante LECO, a subsidiary of the Lanka Electricity Company (LECO), has decided to expand the range of electricity meters being manufactured. Accordingly, the Ante LECO Metering...
The Government has focussed its attention to the Sectoral Oversight Committee report, which was presented to Parliament today (09), emphasizing the concerns surrounding the potential risk...
The prices of 10 essential items will be reduced with effect from today (9), Lanka Sathosa announced. The revised prices are as follows: Red Kekulu Rice...
The Ministry of Agriculture has decided to establish a mandarin orange cultivation zone in the districts of Kandy, Nuwara Eliya and Badulla. Although oranges are already...
Following the recommendations of the Cabinet Appointed Special Committee, an agreement was signed between the Government of Sri Lanka & RM Parks Inc., in collaboration with...
SriLankan Airlines is expecting passenger traffic to surpass pre-pandemic levels by year-end during its peak travel period, thanks to a boom in tourism. In an interview...
The government has decided to abolish the existing Simplified Value Added Tax (SVAT) system with effect from January 1, 2024. Accordingly, the proposal submitted to the...
Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices. Saudi Arabia said it would make cuts of a...