Business and Economy


The Group of Seven economic powers support efforts to provide debt relief for Sri Lanka, G7 finance chiefs said on Thursday in a draft communique from a meeting in Germany after the country defaulted on its sovereign debt, Reuters reported. “G7 countries said in their statement they were committed toContinue Reading

With the number of smartphone users crossing 6.56 billion in 2022, leading to over 83.7% of the world’s population owning a smartphone, the phones have entirely altered our lifestyle in astonishing ways. Smartphones have seamlessly synced into the day-to-day lives of consumers by building a web of intense connectivity andContinue Reading


The Central Bank of Sri Lanka (CBSL) official rates indicate that the US Dollar remains unchanged for the second consecutive day. The selling rate of the US Dollar as at today is Rs. 364.63. However, the rupee has depreciated against the Euro and the Sterling Pounds.

COLOMBO, Sri Lanka, May 2022: Pelwatte, a local dairy brand with international standards and an unwavering promise of delivering quality fresh milk to its customers recently organized a series of seminars for the GCE Ordinary Level students. This was done with the intention of furthering Pelwatte’s corporate philosophy of uplifting livelihoods through sustainable methods.Continue Reading