Sri Lanka's Hela Apparel Holdings says bankers have agreed to restructure debt provided key shareholders invest 682 million and any other investors put in 3-4.4 billion rupees.

Sri Lanka’s Cargills Bank is looking to raise 2.5 billion rupees through a rights issue of shares at 8.50 rupees each to support lending activities.

Vietnam saw Sri Lanka as potential destination for logistics and warehouse businesses which will also help East Asia ...

The US Federal Reserve said it was cutting rates by 25 basis points to target 3.5 to 3.75 percent, despite high ...

Demand for vegetables in Sri Lanka has slumped in the immediate aftermath of Cyclone Ditwah, a regional agricultural official ...

Sri Lanka’s top finance ministry and Inland Revenue Department official held a discussion to widen the tax net in the near ...

Sri Lanka's daily egg output has slumped around 30 percent after Cyclone Ditwah killed around 500,000 layer chicken Ajith Gunasesekera, President of the All Island Poultry Association said.

Sri Lanka's Colombo Stock Exchange closed up on Wednesday, gaining momentum following speculative trading in Colombo Dockyard ...

Japan, one of the first nations to offer relief to Sri Lanka after Cyclone Ditwah left a trail of destruction, is using shock and awe to treat survivors of the devastating floods.

The UK has promised 1 million pounds, or 1.3 million dollars, in aid for Cyclone Ditwah victims, following Acting High Commissioner Theresa O’Mahony’s visit to the Sri Lanka Red Cross operations in ...