Representatives of The Hotels Association of Sri Lanka (THASL) stressed that industry players have the potential to increase the revenue generated through the country’s tourism industry to US$10 billion by 2030.
Sri Lanka has taken a major step forward in modernizing its shrimp aquaculture sector through the successful completion of the project “Smart and Sustainable Aquaculture through Effective Biosecurity and Digital Technology”, implemented by the Food and Agriculture Organization of the United Nations (FAO) in partners…
The Commercial Bank of Ceylon has announced the first winners of its ‘Debit Card Challenge 2026,’ with 250 debit card holders emerging victorious in the inaugural monthly draw of a promotion that is set to reward 1,000 customers with prizes worth a total of Rs. 45 million.
The Colombo Stock Exchange (CSE) concluded the second stage of its landmark reforestation initiative in collaboration with the non-profit “Rainforest Protectors of Sri Lanka” with members of CSE planting the first 200 saplings of the second stage in the Rajawaka rainforest last week.
The inauguration ceremony to welcome the 2nd intake of students for this year at Institute of Chemistry Ceylon (IChemC) was held on the May 10, at its Malabe premises.
Marking a historic milestone in the progressive development of Port City Colombo which is widely regarded as the turning point of Sri Lanka’s economy, Home Lands Group’s Home Lands Port City (Pvt) Limited signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited to develop the most icon…
Prime Melwa Port City (Pvt) Ltd yesterday signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited, marking a historic milestone in the realization of one of the most prestigious upcoming marina and waterfront developments at Port City Colombo.
AIA Insurance Lanka has once again established its position as an organisation that places people and leadership at the heart of its success, by securing top honours at the CLA Great Manager Awards 2025, presented by the Colombo Leadership Academy (CLA).
Doc990, one of Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd — a subsidiary of Dialog Axiata PLC — announced the introduction of a digital queue management system at Galle National Hospital, focused on pharmacy service counters.
Iran has turned to alternative trade to bypass the US blockade along the Strait of Hormuz, making use of northern sea ports, trucking through land borders and sending cargo through a rail system bound for China to sell oil and receive vital parts for its military, according to multiple reports.
Hamptons homeowners hoping to cash in on deep-pocketed golf fans during next month’s US Open are discovering that $100,000-a-week rental dreams may have overshot.
Mayor Zohran Mamdani’s controversial plan to open city-owned grocery stores is set for an explosive City Council hearing – as a new, immigrant-led business group has built a $1 million-plus war chest to oppose it, The Post has learned.
Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a time when President Donald Trump is pushing for lower interest rates even as fresh inflation data complicates the case for cuts.
Kevin Warsh was confirmed as the next Federal Reserve chairman on Wednesday — even as surging inflation has begun to box the central bank into one of its toughest corners in years.
California Gov. Gavin Newsom will reveal his updated budget plan Thursday as state Democrats grapple with what they claim are “Trump inflation” impacts on public services, particularly health care.
US President Donald Trump landed in Beijing on Wednesday for a closely watched summit with Chinese President Xi Jinping, where the war in Iran, trade tension and Taiwan are expected to dominate discussions.
Prediction market traders think President Donald Trump will make some major announcements in his trip to meet with Chinese President Xi Jinping in Beijing.
Abdulla bin Touq, Minister of Economy and Tourism, has announced measures to crack down on gold being traded for money laundering and financing terrorism.
Moments ago, the last refunding auction of the week, the sale of $25BN in 30Y paper, made history: it was the first 30Y auction to print with a high yield above 5%, and a coupon of 5%, since August 2007... which as veteran traders will recall was the month of the historic quant crash which marked the S&P highs at th…
French prosecutors have requested a seven‑year prison sentence for former president Nicolas Sarkozy in his appeal trial over allegations that his 2007 presidential campaign received illegal funding from Muammar Gaddafi’s Libya — a case that has become one of the most explosive political‑financial scandals of France’…
MODESTO, Calif. — Before every important test, teacher Nancy Barajas dims the lights, turns on a disco ball and blasts music from her playlist. Her sixth graders dance together as a “pre-celebration” to boost their confidence, then take their exam.
Albertsons shoppers are turning away from one of the supermarket giant’s most profitable aisles, in a worrying sign for the already-battered grocery chain.
The United States and Chinese flags are flown outside a hotel expected to be used for U.S. President Donald Trump’s visit to Beijing Wednesday, May 13, 2026. (AP Photo/Ng Han Guan)
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
AT its annual meeting held last week in Samarkand, Uzbekistan, the Asian Development Bank (ADB) announced the launch of a new financing facility designed “to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles and digital technology,” a…
IN a rapidly evolving world shaped by economic uncertainty, digital disruption and shifting consumer expectations, the definition of what is “essential” is being reexamined. Traditional measures of success — profit, scale and market share — are no longer sufficient. Businesses today are called to operate with greate…