Recognizing the importance of ever increasing tea market in the United States, Sri Lanka Embassy in Washington in collaboration with Sri Lanka Tea Board organized roadshows in New York and Washington to promote Ceylon Tea with special focus on Brand Promotions and distinguishing the difference in flavour, strength and aroma of the different agro climatic regional teas of Sri Lanka.

The GSMA, the worldwide association governing the global mobile industry, on Wednesday named Dr. Hans Wijayasuriya, Group CEO of Dialog Axiata PLC Sri Lanka, as the recipient of the ‘Outstanding Contribution to Asian Mobile Industry’ Award for 2016.

Departing Central Bank Governor Arjuna Mahendran on Wednesday played-down global volatility, asserting that Sri Lanka still had a few silver linings and called for greater private sector role in financing infrastructure development.

The government has no intention of protecting either the Central Bank Governor or any one else from allegations but they should be proved, Prime Minister Ranil Wickremesinghe said.

The TJL Group (TJ), part of the Brandix Group in Knit Fabric manufacturing says that they're 'cautiously' optimistic about the GSP+, a preferential tariff system for garment exports.

In a new breakthrough in the ongoing revival saga of historic Kankesanthurai (KKS) cement project, a South Korean conglomerate of global scale said it is vying to clinch the mega Northern project on 24 May. Interestingly, the Korean conglomerate is to enlist yet another gigantic Korean multinational for the required engineering services for the huge KKS project.

Mini hydro projects on state forest reservation are the cause of environmental degradation, experts say.

The COPE committee has decided to call outgoing Central Bank Governor Arjuna Mahendran before the committee on July 7, COPE Chairman Sunil Handunetti told Daily News Online.

President Maithripala Sirisena is expected to appoint the new Governor of the Central Bank soon