Tourism Minister Harin Fernando yesterday distanced himself from the recently implemented new visa regime, asserting that neither he nor his Ministry were consulted in the process. Speaking to the ...

Tourism Minister Harin Fernando yesterday revealed that the minimum room rates (MRR) imposed on hotels will be scrapped by the end of this month and allow competition to return to the industry. “There ...

Tourism industry yesterday expressed concerns over the challenges posed by regulatory measures noting that it has hindered its competitiveness and growth. Speaking to journalists, they highlight the ...

Sunshine Holdings PLC yesterday disclosed that that the International Finance Corporation (IFC), a member of the World Bank Group, has agreed to invest an amount of up to Rs. 3.27 billion in fully ...

Transparency International Sri Lanka (TISL) is extending an invitation to the public to review and provide specific feedback on the proposed law regarding Proceeds of Crime Act. TISL said is concerned ...

The Colombo stock market had a mixed finish yesterday though ending the week on the up with active investor participation. The benchmark ASPI yesterday gained by over 50 points or 0.4% but the active ...

In its May edition, leading business magazine LMD reports that “business confidence strengthened for a second month although the horizon remains overcast.” LMD notes: “In April, the LMD-PEPPERCUBE ...

SriLankan Airlines yesterday issued a clarification over an incident concerning Flight UL 503 to London which was diverted to Vienna international airport in Austria due to a medical emergency. The ...

LAUGFS Gas PLC yesterday announced another significant price reduction across all domestic LPG products with immediate effect. The price of flagship 12.5kg LPG cylinder will be reduced by an ...

Expolanka Holdings PLC yesterday announced its financial results for the fourth quarter and full year ended 31 March 2024, demonstrating resilience in the face of a volatile macro environment, ...

Inter-University Students’ Federation (IUSF) of Sri Lanka has condemned the repression and arrest of University students across the United States who are calling for an end to the US-backed, Israeli ...

India’s Bharatiya Janata Party (BJP) has invited representatives from the Sri Lanka Podujana Peramuna (SLPP) and United National Party (UNP) to observe the overall preparation and campaign of the ...