Business News

East Container Terminal of the Colombo Port: India wants deal sealed...

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Indian  External Affairs Minister Dr. S. Jaishankar is reported to have stressed the need to seal the agreement on the East Container Terminal of...

Tesla’s stock market value tops Facebook’s in huge trading

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Shares in the company led by Elon Musk jumped nearly 8% to end the session at $816, putting its market capitalization at $774 billion...

Central Bank hopeful of PayPal’s arrival in Sri Lanka

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The Central Bank remains hopeful of the prospects of PayPal Holdings Inc., the US-based international payment gateway company, to open access to Sri Lanka...

Trump bars U.S. transactions with eight Chinese apps including Alipay

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U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app,...

Bitcoin breaks above $35,000 to touch new high

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Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has...

Land registration goes digital

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The first phase of digital land registration process has been initiated at the Colombo Land Registry and will be rolled out across 45 land...

Google workers form small union, eyeing more protests over working conditions

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More than 200 workers at Google and other Alphabet Inc units on Monday formed a labor union for U.S. and Canadian offices, building on...

185 tourists to arrive from Ukraine as airports reopen for commercial...

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Sri Lanka is reopening its airspace for commercial flights as the island nation looks to once again kick start the tourism industry which was...

Trump signs pandemic aid and spending bill, averting government shutdown

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U.S. President Donald Trump on Sunday signed into law a $2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans...

China to leapfrog U.S. as world’s biggest economy by 2028: think...

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China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting...