Sri Lanka welcomed over 43,000 international visitors in the first week of July, a significant pickup in the tourist inflow rate from last month.
The nation’s Life insurer, Sri Lanka Insurance Life (SLICLL) yet again outshines its own record to declare the largest Life Insurance bonus in the industry amounting to a staggering Rs. 11.2 Billion for 2023 to its policyholders.
A union representing workers at South Korean technology giant Samsung Electronics has called on its roughly 30,000 members to go on strike indefinitely, as part of its campaign for better pay and benefits.
A politician in South Korea is being criticised for making dangerous and unsubstantiated comments after linking a rise in male suicides to the increasingly “dominant” role of women in society.
Uber announced the launch of its global flagship sustainability product, Uber Green, in Colombo. This will enable riders to book environment friendly rides with just a few taps on their Uber app. With an aim to accelerate its transition to zero emission mobility by 2040 in Sri Lanka,
In the face of competition with a new Chinese player, the Ceylon Petroleum Corporation (CPC) has been compelled to reduce fuel imports to US$ 648.71 million in the first four months of 2024 compared to $ 828.4 million in the same period of 2023, finance ministry’s latest fiscal position report revealed
Sri Lanka will wrap up talks with international bondholders on its restructuring process in a few weeks, Foreign Minister Ali Sabry said on Tuesday, a major step for the island nation to emerge from its worst financial crisis in decades.
Sri Lanka’s State Minister of Finance Ranjith Siyambalapitiya stated that the government intends to collect taxes from 14 previously untaxed sectors that have been overlooked until now and to ensure tax compliance from them.
The Hambantota International Port (HIP) launched a program for the establishment of a green zone that will see the reforestation and afforestation of land.