Sri Lanka stops import of Iranian oil ahead of sanctions
Sri Lanka has stopped crude imports from Iran and is actively switching to other crude grades, as South Asian importers, including India, significantly restrict...
Economy recovers to 3.7% growth
The Department of Census and Statistics (DCS) in releasing National Accounts estimates for the second quarter of 2018 yesterday said that economic growth rate...
German businessmen keen on investing more in Lanka
The German business community in Sri Lanka is upbeat on Sri Lankan economy and more investments are being made by them, Chief Delegate of...
Ferrari says most of its cars will be hybrid by 2022
Most of the cars made by Ferrari will be hybrid petrol-electric by 2022, the Italian sports car manufacturer said on Tuesday, including its first...
VAT on imported Fabric reduced to 5 percent
The Minister of Finance and Mass Media Mr. Mangala Samaraweera considering the requests made by the stakeholders in the fabric industry has reduced the Value Added...
New technology to uplift tea industry
The growth of Sri Lanka’s tea industry depends on changing the system of training and education of youth involved in the tea plantation, exploring...
Digital assistants hone skills to deliver the news
"What's the news?" has become a familiar refrain for consumers with smart speakers, opening up a new channel for publishers but also raising concerns...
London Fashion Week
London Fashion Week kicked off Friday with all eyes on Victoria Beckham, who debuted at the event on the 10th anniversary of her label's...
Nike shares at record high after Kaepernick ads
Nike shares reached an all-time high this week as data pointed to an uptick in online sales following the sporting goods giant's envelope-pushing ad...
Samsung sets new Galaxy device launch for October
Samsung sent out invitations Friday for an October 11 event to launch a new mobile device under its Galaxy line.
The invitation offered few details...
