The Lanka Hospitals Corp. PLC announces that the company has been notified by the Department of Public Enterprise of the Ministry of Finance, regarding a decision by the Board of Directors of Sri Lanka Insurance Corporation Limited to transfer its shares in The Lanka Hospitals Corp. PLC to the Secretary of the Treasury.

Elon Musk, the visionary entrepreneur behind SpaceX, has once again captured the world’s attention with the latest updates on Starlink, the ambitious satellite internet constellation designed to provide global high-speed internet access.

e emphasized the imperative of promoting modern technologies, particularly Artificial Intelligence (AI), to attain future social and economic objectives within the country. He announced the commencement of this program slated to initiate next year,

The Thai cabinet has adopted multiple visa measures to stimulate tourism, which will benefit tourists from 36 more countries including Sri Lankan travelers who may have plan to stay in the kingdom for more than 30 days.

Although the Central Bank said the current monetary policy stance is appropriate to both maintain inflation in line with their desired goal of 5 percent while supporting the recovery in the economy, they kept the door open for future rate cuts, but said that depends on fresh data.

Sri Lanka's Power and Energy Minister Kanchana Wijesekera announced that coal power plants in Sri Lanka will be decommissioned, as per the country's long-term generation plan.

Mastercard has partnered with LankaPay, Sri Lanka’s national payment network, to further strengthen the cybersecurity infrastructure of the country’s financial services sector via the Financial Sector Computer Security Incident Response Team (FinCSIRT).

Finance Ministry is to introduce Specific reforms include new business models for Bank of Ceylon and People’s Bank and Capital Adequacy for the two State giants;

Sri Lanka’s rubber production, which has collapsed over the last decade, will get into a deeper crisis due to mandated wage hike which will increase loss, an industry official said after the tea industry also protested the move.