business Sri Lanka

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President Colombo Chamber of Commerce (CCC) Saranga Wijeyarathne called on the government to extend the application period of the proposed SME debt moratorium announced in December. Wijeyarathne...

Lanka IOC PLC, (LIOC) would invest over Rs. 350 million to build Sri Lanka’s only Grease Plant in Trincomalee, while installing solar power in fuel stations. Managing Director...

Sri Lanka’s tea production was an overall 301 Million kilos in 2019, a 2 million kilo dip from 2018, Chairman of the Sri Lanka Tea Board Jayampathy Molligoda confirmed to...

The Department of Census and Statistics(DCS) made available the National Accounts for the year 2016 on their website recently. The preface to the document was signed by Director...

The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of...

Before a mysterious respiratory illness emerged in the center of China, spreading with lethal effect through the world’s most populous nation, concerns about the health of...

Abbas Kamrudeen, Chairman FITIS and Aruna Alwis, CEO FITIS met with CIMA President of Global Council, Amal Ratnayake for a High Tea at an event organized by CIMA at Kingsbury...

Fashion for Good, a global platform for innovation, commenced their South Asia Innovation Programme with the selection of 9 new innovators. With innovations in raw materials,...

In June 2019, the Ministry of Health published the Food (Registration of Premises) Regulations 2019 which will come into effect in June 2020. This regulation set out the process...

The ‘Technical Assistance to the Modernisation of Agriculture Programme in Sri Lanka’ (TAMAP) funded by the European Union and implemented by the consulting company, Ecorys...

The Monetary Board of the Central Bank of Sri Lanka decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central...

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A scheme for Sri Lankan banks to provide special credit support to SMEs this year should not have a material effect on banks’ credit profiles, Fitch Ratings says. We believe that...

Sri Lankan mobile data charges are the seventh lowest in the world Group Chief Operating Officer of Dialog Axiata PLC, Dr. Rainer Deutschmann said in Colombo on Wednesday. He...

John Keells Holdings PLC reported a 2 percent growth in Group revenue during the third quarter of the year of Rs.37.46 billion compared to the Rs.36.55 billion recorded in...

Sri Lanka is bound to lose its big dream of becoming the maritime hub of the region if the country doesn’t wish to be a part of the Belt and Road Initiative (BRI). BRI is...

The government would not change the current tax structure for the next five years Commissioner General Inland Revenue, Nadun Guruge said. He said that the Secretary to the...

vivo Mobile Lanka hosted the Regional Distributors Meeting for the 3rd Quarter of 2019, recently at the Union Ballroom of the Hilton Colombo Residencies, Colombo. The event...

Emirates has announced its plan to launch a new daily service from Dubai (DXB) to Penang International Airport (PEN), via Singapore (SIN), from 9 April 2020. Emirates’ flight...

Abans Auto, a leading player in the automobile business in Sri Lanka and a member of the Abans Group of companies, recently announced their partnership with Hyundai Motor...

AIA Sri Lanka recently wrapped up the AIA Healthy Cook-Off for employees, a first of its kind at AIA Sri Lanka. This was a ‘healthy cooking competition’ that was part of the...

Displaying goodwill and appreciation to NSBM Green University and its many efforts to Drive the nation towards a knowledge-based economy, Prime Minister of Sri Lanka, Mahinda...

Domestic airline operator FitsAir would be launching schedule flights to the Jaffna International Airport from Ratmalana on February 1. The frequency would be three flights...

Sri Lanka can be the live lab of future mobility technology in the region, said Sheran Fernando-Chairman, the Ceylon Motor Traders Association. Speaking on Current Developments...

The Standard Chartered SDG Investment Map reveals an almost USD10 trillion (USD9.668 trillion) opportunity for private-sector investors across all emerging markets, with Sri...

Chinese outbound investment in Belt and Road Initiative (BRI) countries will reach up to $ 500 billion and Chinese tourists going abroad is expected to reach 700 million in...

Sri Lanka tourism which is recovering from the Easter Sunday blasts is poised for a major setback with over 20,000 cancelations expected from China due to the Coronavirus. Already...

Tokyo (CNN) — The phone lines at Kamome, a Tokyo-based travel agency that specializes in tours for Chinese travelers, haven’t stopped buzzing for the last three days. On Sunday,...

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Susantha Ratnayake, Chairman of the Board of Investment of Sri Lanka held discussions with a delegation of senior diplomats from Slovenia visiting Sri Lanka. The delegation...

 MillionSpaces, an online marketplace was the first Runner-Up for the highly-coveted ‘Best Disruptor Award’ at the annual ‘Innovation Awards and Gala 2019’, hosted by...

Colombo School of Business & Management CSBM has organized a seminar on “Keeping up with the future of work – are we ready?” which is conducted by Dilani Alagaratnam who...

Commercial Development Company PLC, a subsidiary of the Commercial Bank of Ceylon was awarded the title of ‘Asia’s Most Trusted Company’ in the Real Estate category in Sri...

Sri Lanka’s premier Construction Expo bringing together both local and international suppliers and service organizations in the Building, Construction, Engineering and Architecture...