business Sri Lanka

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 Using the Chamber principles as a basis of engagement, the Chamber through its secretariat, the trade associations as well as the business councils, have continuously...

As much as making money was important to businessmen it was of paramount importance to work with the society to redistribute it back, opined Binod K. Chaudhary Chairman, CG...

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, asked the Ceylon Electricity Board (CEB) to develop12 new scenarios which will provide different...

 Ruwan Fernando, Judge of the Commercial High Court, Colombo, refused the interim injunctions sought by DFP Canada Ltd against SriLankan Airlines Ltd. DFP Canada Ltd (DFP)...

The Finance Minister has issued an Extraordinary Gazette Notification prescribing a format for suspicious transactions to be followed by institutions defined under Section 33 of...

The German Federal Foreign Office together with the Ministry of Power and Renewable Energy of Sri Lanka, Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH and...

 The government is committed towards adding more solar and wind energy to the national grid, and has promised to make the national grid a smart grid in another five years...

 Lanka Salt Limited plans to make Sri Lanka a self sufficient nation in salt by 2020, said its Chairman, Ayyoob Khan. Speaking at a special event at Lanka Salt he said...

 Sri Lanka’s growth is expected to reach 4.7% percent in 2017 and grow marginally over 5 % beyond, driven by private consumption and investment growth, said Idah Z. Pswarayi-Riddihough,...

Swedish automaker Volvo Group has started sourcing engines for industrial applications from its equal joint venture with Eicher Motors, VE Commercial Vehicles, and may shift...

Introducing TVS King, the first 200cc three-wheeler in the Sri Lankan market TVS Motor Company, a leading two-wheeler and three-wheeler manufacturer in India announced its...

National Development Bank (NDB) partnered with Sri Lanka's premier lifestyle exhibition Home & You Lifestyle Fair 2017 as the Official Banking Partner. The mega lifestyle...

The council of the Institute of Chemistry Ceylon awarded the ‘Distinguished Service Award 2017’ to Prof. S. P. Deraniyagala at the 46th Annual sessions of the Institute of...

The Board of Directors of Siyatha Finance PLC (a member of the Sampath Bank Group), in a CSE filing, has resolved to issue debentures by way of a public offer subject to the approval...

For the first time in Sri Lanka’s aviation history, Emirates will launch its double-deck Airbus A380 aircraft on flights to Colombo commencing August 14. An official from...

The public is hereby notified that the Regional Sub-office of the Central Bank of Sri Lanka (CBSL) in Jaffna shifted its operations to Regional Office, Ariviyal Nagar, Kilinochchi...

The Colombo Stock Exchange (CSE) announced the appointment of Dumith Fernando as a Director of the CSE Board. Fernando was elected to the position at the 32nd Annual General...

Projects such as the Megapolis, of which the implementation is about to start are great openings for Sri Lankan engineers to contribute, said Minister of Industry and Commerce...

India has indicated an interest in investing over US$ 1 billion in the East Container Terminal (ECT) of the Colombo Port, along with other projects like the oil tank farm...

It’s very disappointing to note that Sri Lanka’s so-called number one telecommunications service provider, Sri Lanka Telecom (SLT), does not have a Research and Development...

China's economy continued to improve in the second quarter, with corporate profits rising and hiring up, a private survey showed, but it suggested the Asian giant may have...

Excessive measure by authorities to protect corn farmers would have devastating impact on the chicken industry in Sri Lanka, warns industry specialists. Sri Lankans rely heavy...

Chief Minister of the Southern Province of Sri Lanka Shan Wijeyalal de Silva presents a special award to publisher Vijitha Yapa as a pioneer from the South in the Book trade...

The Blue Mountain Group's most iconic real estate development to date, Achilleion, was recently recognized as one of the top three apartments in the Asia Pacific region, at...

One of Sri Lanka’s most technologically innovative bank, HNB received resounding recognition for its efforts to drive a new paradigm of service culture in the domestic industry,...

The awarding of certificates to students of Automobile Engineering Training Institute, Orugodawatta was held at Bandaranaike Memorial International Conference Hall (BMICH),...

The website of the Commercial Bank of Ceylon was adjudged the best in Sri Lanka’s financial sector at the inaugural SLT ZeroOne Awards presented by Sri Lanka Telecom. The...

Sri Lanka Telecom host the SLT Zero One Awards ceremony at the Grand Ballroom of Hilton Hotel in Colombo on June 22. Present at the event was the Minister of Telecommunication...

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Department of Census and Statistics reports that according to the findings of their survey 1,122,711 persons are in the country. The highest number (1,063,086) of persons were...

Ube Singapore Holdings Pte Ltd has purchased 10,692,000 ordinary voting shares of Tokyo Cement Company (Lanka) Plc at Rs. 72 yesterday. This is in compliance with the Rule...

The Life Fund of Ceylinco Life crossed Rs 80 billion in May 2017, making it the fastest-growing Life Fund in the local industry, the life insurance market leader has announced. The...

Given the shift in global power to the Indian Ocean, Sri Lanka’s geostrategic location places it in a unique position to serve as the fulcrum of a modern Indian Ocean region,...

Celogen Lanka (Pvt) Ltd opened a news plant to manufacture pharmaceuticals, recently at the BOI Kandy Industrial Park at Pallekelle. The new plant was formally opened by President...

The vehicle market experienced a rebound in May from a slow April due to the extensive New Year holiday. However on most categories demand remained weak due to high taxes,...

Sri Lanka should not miss the opportunity to implement the long-delayed fuel pricing formula since oil prices have softened, said Economist Murtaza Jafferjee from J. B. Securities. “Petrol...

Hotel Show Colombo 2017, the exhibition that serves as a showcase for hotel supplies and services and designed for leading industry players, will kick-off on June 30 and end...

The Industrial Services Bureau(ISB) of the Wayamba Provincial Council together with the Institute of Supply and Materials Management (ISMM) has organized a `three month course...

Continuing in its effort to provide medical facilities to underprivileged senior citizens, Sri Lanka's premier commercial establishment Lanka IOC has agreed to extend its...

Sri Lanka faced one of the worst natural disasters in recent times. The floods and landslides had caused extensive damage to lives and property in ten major districts around the...

JASTECA Institute of Management announced that a Japanese management day seminar on the concept of kaizen will be led by Tony Nakata, a kaizen professional from Japan on July...

The upcoming ‘Sri Lanka Economic Summit 2017’ will dig deeper into the Sri Lanka’s latest trade reform agenda anchored towards new preferential trade pacts, tariff liberalization...