Bangladesh corporate sector ready to expand economic cooperation with Sri Lanka
Sri Lanka High Commissioner to Bangladesh said that profound historical and cultural relations have lasted between Sri Lanka and Bangladesh and it is time to …
Industry
Korea doubles its employment quota for Sri Lankan migrant workers
Minister for Government Policy Coordination of the Republic of Korea, Koo Yun-cheol, who is on an official visit to Sri Lanka, called on the Minister of …
PUCSL files FR petition against CEB, CBSL, Finance Ministry & Power Minister
The Public Utilities Commission of Sri Lanka – the electricity sector regulator, filed a Fundamental Rights petition in the Supreme Court today (1st …
SLIBTEC, USAID to establish SL’s first ‘Biotechnology Innovation Park’
The Sri Lanka Institute of Biotechnology (SLIBTEC) will collaborate with the U. S. Government’s development arm, the U. S. Agency for International …
Revenue from export of minor crops last year USD 450Mn: Plantation to report USD 600Mn
Plantation Minister Dr. Ramesh Pathirana says the country earned US 450 million dollars from the exportation of minor export crops including cinnamon, pepper …
NDB’s Privilege Partners with Quintessentially to Provide Exclusive Concierge Services
CAPTION: Nadie Fernando – NDB Chief Manager Product Development, Gihan Punchihewa – NDB Head of Privilege and Privilege Select Banking, Zeyan …
SriLankan Airlines suspends flights to Moscow
SriLankan Airlines announces the suspension of operations between Sri Lanka and Moscow, Russia with effect from today due to operational restrictions that are …
LAN channels Rs.150Mn into tech startups: Currently evaluating 5-10 startups
Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 Million cumulatively into four home-grown startups – Niftron, Magicbit, …
US Under Sec for Political Affairs promises assistance to develop cyber & information technology sectors
The Under Secretary of State for Political Affairs Victoria Nuland called on President Gotabaya Rajapaksa at the Presidential Secretariat, Wednesday. The …
CA Sri Lanka launches exclusive global credential for finance professionals to fight fraud
In a ground-breaking initiative aimed at combatting fraud and corruption, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) joined hands with …
Interview: Resilience, creativity and talent will make Sri Lankan apparel thrive globally
Sri Lanka’s apparel sector contributes 6% to the country’s GDP and accounts for almost half of all merchandise exports. The sector provides direct …
CL Synergy announces forthcoming IPO as next step in growth strategy
CL Synergy Limited has received official approval from the Colombo Stock Exchange (CSE) for its Initial Public Offering, which is set to open on the 7th of …
Sri Lanka’s Condominium Property Volume Index up by 49-pct in Q4 2021
The Condominium Property Volume Index has increased significantly during Q4, 2021 with a notable increase of 49.0 percent compared to Q4, 2020, and with a …
Chinese steel giant Baowu to conduct feasibility study on making investment in Hambanthota
Ambassador of Sri Lanka to China, Dr.Palitha Kohona visited the Baowu Steel conglomerate offices in Ma’anshan, Anhui and met with senior management to …
With confidence and commitment vision of Green Agriculture can be accomplished, President
Farmers who used organic fertilizer correctly during the Maha season have achieved high yields. District Secretaries say that the Government’s green …
No more power cuts in BOI zones: Power Minister
The power cuts that are currently being implemented on a daily basis will not be extended to factories owned by the Board of Investment, which plays an …
President invites Saudi Arabia to invest in several sectors
President Gotabaya Rajapaksa informed Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud that he would like to invite Saudi Arabia to make direct …
Fitch withdraws ‘BBB+(EXP)(lka)’ rating on HNB Finance’s proposed subordinated debt
Fitch Ratings has withdrawn the expected National Long-Term Rating of ‘BBB+(EXP)(lka)’ assigned to HNB Finance PLC’s (HNBF; A(lka)/Stable) …
Indian Exim Bank pledges USD 500mn Credit Line to Sri Lanka for financing oil imports
Export-Import Bank of India has entered into an agreement with Sri Lanka, to support a USD 500 million Credit Line for the purpose of financing purchase of …
Best countries for travel & remote working in 2022: Sri Lanka ranks 2nd in Asia-Pacific
As more people embrace flexible working environments and set their sights on their next ‘workation’ (AKA, a vacation that blends leisure and remote …