A Japanese investor has stepped up to breathe new life into Pettah’s floating market and spearhead the revamp to the iconic landmark underlining Sri Lanka’s position as a premier tourist destination.

The Cabinet of Ministers approved a proposal to instruct the Legal Draftsmen to draft a bill aimed at suspending the Special Commodity Act No. 48 of 2007.

Turkish Airlines announced a significant enhancement in its flight services with the addition of its sixth weekly flight between Istanbul and Colombo.

Sri Lanka passenger and aircraft movement gains at local airports has gained momentum last month

Tourist arrivals have exceeded 163,000 in the first 24 days reinforcing the industry’s rebound.

The Central Bank of Sri Lanka (CBSL) says the country’s trade services, mainly earnings from tourism have recovered significantly during the first two months of 2024, while the positive momentum of workers’ remittances also continued.

The Colombo Commercial High Court issued an enjoining order preventing Rusi Pestonjee, Managing Director of Abans PLC or his servants from in any way or manner to use the name McDonald’s or any name in any way or manner similar to the name McDonald’s.

In the face of widesperd public pressuere including parliamentrains and civil society activists, the Central Bank senior management has decided to revisit recent salary revision

The Colombo High Court today served an indictment on eight accused including the Captain of the fire-ravaged container ship MV X-Press Pearl for causing damage to the country's oceanic environment.