Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption risk while overinvestment ...

John Keells Hotels has sold a 98.39 percent stake in Kandy Walk Inn Limited, the company that owns the Cinnamon Citadel hotel, to Lavendish Leisure of the Dedigama Group, for 2.777 billion rupees.

Sri Lanka has started talks on possibilities of buying Russian oil after the United States eased the sanctions on fuel purchase from Moscow, the island nation’s Foreign Minister’s office said. The U.S ...

Sri Lanka’s Colombo Stock Exchange closed down 1.34 percent on Friday, 4.5 percent weaker compared to the same day last week, data on its site showed.

India's Mazagon Dock Shipbuilders Limited said it now holds 201,565,500 ordinary shares of Colombo Dockyard PLC, a 51.00 percent stake, despite there being no takers for a mandatory offer made to the ...

ECONOMYNEXT – Sri Lanka has arrested the former CEO of Sri Lankan Airlines for a second time in the last seven years over a 2013 corrupt Airbus deal British court found that the French aircraft ...

Three of Sri Lanka's private commercial banks have already exhausted their current loan quotas for micro, small, and medium enterprises (MSMEs), and the government is looking to make additional ...

Sri Lanka will host the 23rd edition of Colombo Fashion Week (CFW) this summer, focusing on positioning the capital as a high-end city tourism hub centered on fashion, lifestyle, and global glamour, ...

The Colombo Stock Exchange continued to slide during midday trade on Friday, CSE data showed, as Brent crude oil prices crossed the 100 dollars per barrel mark again.

Turnover was 1.82 billion rupees. Capital goods contributed 541 million to the turnover. Sri Lanka’s DFCC Bank said it will ...

APAC port and airport operators would face mixed but increasingly negative credit effects if Iran-linked shipping and ...

Sri Lanka’s rupee closed at 310.85/95 to the US dollar in the spot market Wednesday, stronger than 310.95/311.05 the previous ...