India, Sri Lanka agree to co-operate on common regional issues

Foreign Minister Dinesh Gunawardena, in a telephone conversation held yesterday (21 June) with the Indian External Affairs Minister said that the steps that both countries have taken so far to enhance bilateral relations between Sri Lanka and India have been fruitful. Foreign Minister Gunawardena thanked the Indian External Affairs Minister for the financial assistance and […]

Opinion:Negative effects of organic manure for Sri Lanka’s entire tea industry

I.D. Gooneratne Former Director of J.E.D.B, III Regional Agricultural advisor to 20 tea estates Consultant, functioned as Deputy Director, Extension Services of the TRI Advisor, Tea Manufacturing, John Keells Ltd for 6 years. With my experience, based on 45 years of hands-on, direct experience in the tea industry, I wish to issue a dire warning […]

Plug & play ‘Park in park’ manufacturing facility at Hambantota Port Industrial Zone

The Hambantota International Port Group (HIPG) has partnered with Shenzhen Xinji Group to set up a plug-and-play ‘Park in park’ manufacturing facility within the port’s industrial zone. The concept is a fully-fledged stand-alone industrial facility with some very unique features, set to operate within the Hambantota International Port’s Industrial Zone. The signing of the joint […]

PUCSL publishes hotline for electricity complaints

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator launches a hotline to address and resolve the electricity complaints online and requests the public and other stakeholders to use online and social media platforms to connect with officials without visiting the officials in premises. “Public Utilities Commission of Sri Lanka being the regulator […]

Captain Nihal Keppetipola assumes duties as new Chairman of Sri Lanka Ports Authority

Captain Nihal Keppetipola assumed duties as the 27th Chairman of the Sri Lanka Ports Authority yesterday (22.06.2021). On the instructions of President Gotabaya Rajapaksa, the appointment was made by the Minister of Ports and Shipping Rohitha Abeygunawardena. Capt. Nihal Keppetipola, a professional in the field of Merchant Shipping, served as the Managing Director of the […]

NCPI based Inflation increased to 6.1-pct in May 2021

Headline inflation, as measured by the year-on-year change in the National Consumer Price Index increased to 6.1 percent in May 2021 from 5.5 percent in April 2021, mainly driven by the monthly increases in prices of items in both the Food and Non-food categories. Meanwhile, Food inflation increased to 10.3 percent in May 2021 from […]

Donation of another 125 Oxygen Cylinders & 10 Oxygen Regulators from Doha-Qatar

The Embassy of Sri Lanka in Doha facilitated the second air shipment of 125 Oxygen Cylinders and 10 Oxygen Regulators to the Government of Sri Lanka, in a view of strengthening the capacity of the health sector to overcome the COVID-19 pandemic. Upon the request made by Ambassador of Sri Lanka to Qatar M. Mafaz […]

Sri Lanka records USD 884Mn exports in May 2021

Sri Lanka’s export sector performance has been able to manage its growth momentum in May 2021 with the challenges of the Covid-19 pandemic. As per the statistics released by Sri Lanka Customs, Sri Lanka’s merchandise exports in May 2021 were US$ 884.2 Million, an increase of 50.71% over US$ 586.7 Million in May 2020. Sri […]

‘ Association appeals for cost-sharing from Business Partners

The Sri Lanka Retailers’ Association (SLRA), the apex body for organised retail in Sri Lanka, issued a communique requesting landlords, lessors, and business partners reduce leases and rentals for the Association’s membership. • Lease and Rental Reductions • Support towards loan repayments restructure • Utility and trade levy reduction/postponement SLRA President Murali Prakash appealed to […]

CSE to introduce Delivery Vs. Payment mechanism to Sri Lankan Stock Market

The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) announce the introduction of a Delivery vs Payment (DVP) system for stock market transactions. The Go Live is scheduled for 26th July 2021 subject to a final round of testing and industry wide mock runs. The objective of introducing a […]

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