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Tourism industry sees slowdown in bookings during key winter season

  Industry stakeholders say ongoing political crisis major reason Majority of cancellations... 


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Softlogic opens first supermarket

  Softlogic Supermarkets Pvt Ltd CEO Andrew Dalby (left) handing over the first purchase... 


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High Commissioner of India inaugurates Intex South Asia at BMICH

The 4th edition of Intex South Asia, the largest international textile sourcing show in South Asia,... 


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Hefty tax reversal boosts Softlogic Sept. quarter

Softlogic Holdings PLC returned to profit during the three months ended September (2Q19) amid a substantial... 


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CB raises key rates in surprise move to support currency

  From left: Central Bank Governor Dr. Indrajit Coomaraswamy and Deputy Governor K.D. Ranasinghe  Pic... 


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ComBank resilient despite surge in NPLs, higher taxes

Commercial Bank of Ceylon PLC (ComBank) yesterday showed it has what it takes to withstand the shocks... 


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Sri Lanka’s bilateral aid not at risk: Amunugama

Sarath Amunugama   Foreign governments have not withdrawn grants, project loans and... 


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Rupee depreciation hurts Sri Lanka’s largest telco

Seventy percent of Dialog Axiata’s borrowing in US dollars  Records Rs.1.8bn non-cash... 


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Anura Priyadharshana assumes duties as State Finance Minister

State Minister in conversation with the Prime Minister      Anura Priyadharshana... 


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October tourist arrivals up by unimpressive 0.5%

  Arrivals from several key regions record declines  Cumulative arrivals up... 


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