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The World Bank revised up its forecasts for Sri Lanka s economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency. MORE..

3 Oct 2023 (5:08 PM)

Litro Gas Lanka, one of the two largest Liquefied Petroleum (LP) gas suppliers in the country, is set to make an announcement pertaining to the price revision of domestic LP gas on Wednesday (04 Oct.). MORE..

3 Oct 2023 (7:20 PM)

The Cabinet of Ministers, at its meeting on Monday (Oct. 02), has given the nod to establish a new Commercial High Court. MORE..

3 Oct 2023 (10:26 PM)

The 2023 Nobel Prize in physics has been awarded to Pierre Agostini, Ferenc Krausz and Anne L Huillier for creating "flashes of light that are short enough to take snapshots of electrons extremely rapid movements," the Royal Swedish Academy of Sciences announced in Stockholm on Tuesday. MORE..

3 Oct 2023 (6:04 PM)

Mohamed Uvais Mohamed, the chairman of the Ceylon Petroleum Corporation (CPC) Ceylon Petroleum Storage Terminals Limited (CPSTL), has stepped down from his positions. MORE..

4 Oct 2023 (2:24 AM)

Countries going through a sovereign default need a debt rework mechanism that grants timely relief, even if that means finding a solution outside the G20 s programme, an executive at Lazard s sovereign advisory team said. MORE..

3 Oct 2023 (8:02 PM)