Towards a Digital Economy – INFOTEL

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People’s Bank has stepped forward as a Gold Sponsor for Sri Lanka’s flagship ICT Expo, INFOTEL-2018, being held from November 2 to 4, 2018...

Petrol, Super Diesel up

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Prices of petrol Octane 92, 95 and Super Diesel were revised as scheduled from midnight yesterday. The Fuel Pricing Formula Committee which met yesterday...

Instagram ramps up battle against bullying

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Instagram on Tuesday added more weapons to battle cyber bullying, using artificial intelligence to scan photos for abusive content at the Facebook-owned service. The move...

Economically active population 8.3 mn in 2Q 2018

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By the second quarter of 2018, Sri Lanka’s estimated economically active population was about 8.3 million in the second quarter 2018. Of which 65.9...

Currency depreciation management: Lankan successful in Asia – Mangala Samaraweera

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The Sri Lankan government has been the most successful in Asia when it comes to managing the current currency depreciation crisis affecting countries in...

Budget Appropriation Bill presented today at parliament

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The Budget Appropriation Bill for the year 2019 is scheduled to be presented to Parliament today (09) by the Finance Minister Mangala Samaraweera. According...

APRACA in Colombo: Focus on SMEs, entrepreneurship and developing value chains

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The inauguration ceremony of the Asia Pacific Rural and Agricultural Credit Association’s (APRACA) regional policy forum was held at Hilton, Colombo yesterday. The forum...

US-China trade war sparks IMF global growth cut warning

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The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting...

IMF cuts global growth forecast to 3.7% for 2018, 2019 as...

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An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for...

Foreigners snap up Istanbul’s iconic waterfront mansions

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They are among Istanbul's most iconic sights -- magnificent waterside mansions strung out along the Bosphorus as the waters of the strait dividing Europe...