business Sri Lanka

Tea production data for October 2017 released by SLTB, revealed a figure of 25.5 Mnkg sharply up 36% on last year’s drought effected quantity of 18.7 Mnkg. Whist this looks favourable...

 The economic and trade relations between Sri Lanka and China have witnessed continuous development and in 2016 the bilateral trade had reached US$ 4.56 billion, said...

The plans to improve electrical vehicles could fail if meaningful steps are not taken by the governmen, the Electric Vehicle Club of Sri Lanka said in a statement. Co-founder...

The government has embarked a clear strategy of trade liberalisation in Budget 2018 with a view to reaching Sri Lanka’s ancient status as a trading nation, Finance and Mass...

The National Budget 2018 has some of the strongest announcements of liberalization seen in years, including the removing of para-tariffs on 1,200 imported items, said Minister...

Over 51% Sri Lankans are likely to embrace new forms of payments and 68% find convenience and security of digital transactions driving the adoption, a Visa survey said. Visa,...

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Young entrepreneur Rohanthi Wijewickrama, the Founder/CEO of Sri Lankan children's products company Quebee Den (Bellybees) was invited to participate at the 8th annual Global Entrepreneurship...

 The premier automobile brand 'TVS' has yet again created history being the first automobile company to be awarded the 'Marketing Company of the Year – Sri Lanka' by...

Dr. Sena Yaddehige, Chairman of Richard Pieris & Company PLC, was conferred an honorary doctorate by the University of Kelaniya, at a recent ceremony held at BMICH, Colombo....

The Ceylon Chamber of Commerce will hold a seminar on December, 7, 2017 to discuss the new Forex Act, which came into effect recently. The event is titled ‘The new forex Act and...

 DFCC Bank, recently joined hands with the upcoming Fairway Galle Literary Festival, as the event’s official banking partner. The partnership is part of the bank’s long-term...

For the first time, BMS (Business Management School) with Northumbria University UK has introduced a Business Clinic for the final year students undergoing Business and Management...

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With a view to further liberalizing capital flows and simplifying the processes associated with current account transactions and various types of foreign currency/Rupee accounts,...

The European Union was studying Sri Lanka's current budget since it reflected some of the country's political and economic objectives, which met some of the recommendations...

An internationally renowned property policy expert and Belius GmbH Managing Partner Andreas Krüger predicted that Sri Lanka’s largest and most iconic integrated multi-functional...

Sri Lanka’s premier connectivity provider, Dialog Axiata PLC and Australia’s Department of Foreign Affairs and Trade (DFAT) will collaborate to pilot a digital payment platform...

One hundred Chinese couples are to tie the knot together at a mass royal wedding in front of the Colombo Town Hall on December 17. The royal wedding, to be held according to Sri...

Corporates should look more seriously towards reconciliation (of ethnic harmony) and fostering gender equality, said Chairman of the evaluators panel for ‘Best Corporate Citizen...

Consider investing in Sri Lanka and you won’t regret it, remarked Dr Harsha de Silva, Deputy Minister of Policy Planning and Economic Development, addressing the Sri Lanka Economic...

German Ambassador to Sri Lanka and the Maldives, Jörn Rohde urged the Sri Lankan government to formulate sustainable, conducive and predictable policies to open up the Sri...

Sri Lanka Apparel Exporters Association with its apex body, Joint Apparel Association Forum (JAFF), has requested the Department of Commerce to explore the possibilities of...

The government was in the latest phase of reform and they had the political will to open Sri Lanka’s doors for investors to come in and utilize Sri Lanka, Dr Harsha de Silva,...

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One of the top US based health service companies, Synergen Health Care has set up their back office operations with Foundation of Goodness (FoG) in Seenigama (FoG). The company...

The graduating class of AIS is to present a fashion show with a difference. The event titled PULS8 Feel The Beat will be held on December 5, at the Kings Court Cinnamon Lakeside. Latest...

Aitken Spence PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2017’, an annual event organized by the Ceylon Chamber of Commerce, while Hatton National Bank...

LB Finance has received Colombo Stock Exchange approval to raise Rs 3 billion via a debenture issue, the company said in a stock exchange filing. Accordingly, the company will...

No partnership between India and Sri Lanka is as strong as the historic Indo-Lanka trade pact inked way back in 1998. “Indo-Sri Lanka Free Trade Agreement was the most significant...

Investors from seven countries are participating in the first Sri Lanka Economic and Investment Conclave which opened at the Kingsbury Hotel, Colombo, yesterday. The business...

Liberalization of shipping sector is necessary to achieve the Vision 2025 objective of creating a knowledge-based, highly competitive social market economy at the centre of...

Total government revenue increased by 15.7% to Rs. 1,172.4 billion in the first eight months of 2017, compared to Rs. 1,013.4 billion in the same period of 2016, a Finance...

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Intex South Asia exhibition was held recently at Sri Lanka Exhibition and Convention Centre (SLECC), Colombo. Intex South Asia is the largest and only international sourcing...

The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) announced the launch of ‘CILT Sri Lanka Logistics Excellence Awards and Scholarships 2018’ at...

The Auditor General’s Forum is the Maldives’ national platform for all professional auditors and accountants to address strategic issues that are shaping the operating environment...

The latest Colombo Big Data meetup took place recently at Virtusa. Gathered at this quarterly event were big data enthusiasts from academia and industry eager to discuss the...

MicroMoney Lanka Pvt. Ltd, an international social lending company introduced by Prosperous Capital and Credit Ltd to the Sri Lanka market, launched Micro Money Social Loan...