Sri Lanka’s Serendib Hotels, part of Hemas Holdings Group, has secured a controlling stake in a group that owns and operates several boutique villas in the south of Mirissa.
Unilever Sri Lanka together with the United Nations Global Compact (UNGC) Sri Lanka recently hosted the first ever forum to discuss public-private partnerships (PPPs) to achieve the 2030 Sustainable Development Goals (SDGs).
It is proposed to open the salt industry for more investments in order to bridge the Salt Production deficit in
Dialog Axiata PLC has acquired 80.34% controlling stake in Colombo Trust Finance PLC (CTF) at LKR 28.70 per share from its previous major shareholder,
Thai Ambassador to Sri Lanka, Chulamanee Chartsuwan said that Thailand was enthusiastic in its efforts to further strengthen Thai-Sri Lankan bilateral relations.
Chinese Ambassador to Sri Lanka, Yi Xiangliang has reaffirmed his country’s commitment towards strengthening bilateral relations
With the aim of fast-tracking digitisation with the aim of fulfilling economic growth according to its V2025 economic manifesto, the
One of Sri Lanka’s largest importers and distributors of pharmaceuticals holding a 17.55% of the country’s market share
According to rating firm Moody’s, the Government of Sri Lanka’s (GoSL) will be able to increase its revenue thanks to
Speaking at the CIMA Business Leaders’ Summit, Prime Minister Wickremesinghe who was the Chief Guest at the event said that the coming 24 months
The introduction of the new Inland Revenue Act last week would result in the 10% withholding tax levied on government securities being eliminated with effect from April 2017.
Deputy Treasury Secretary, S.R. Attygalle announced that BOI tax holidays will not be removed despite the introduction of the new Inland Revenue Act.
Minister of External Affairs, Tilak Marapana’s first official overseas visit after being appointed as Sri Lanka’s new Foreign Minister was to India
The CIC Group intends to deviate towards introducing high-tech solutions and innovations to its agri-business activities.
Charge’d affairs at the Embassy of Afghanistan to Sri Lanka, Munir Ghisy says Afghanistan have already received the approved draft agreement
In January 2017 the Government of Sri Lanka (GoSL) decided totransform the Colombo International Financial City (CIFC) to a “Visionary City”
Tourism office data shows that tourist arrivals spiked by 2.5% from last year to 190,924 visitors with an increase in Indian tourists despite in decline growth of Chinese arrivals
The Ceylon Chamber of Commerce (CCC) will conduct a seminar titled, “South Asia’s Emerging Gateway City: Investment Opportunities in the Hambantota Port and Logistics and Industrial Zone” on September 22nd.
Minister of City Planning and Water Supply, Rauff Hakeem says that Sri Lanka intended to set-up a regionalresearch and development
The Government of Sri Lanka (GoSL) and the country’s corporate sector has discussed formulating business continuity plans for areas susceptible to natural disasters
The Sri Lankan Parliament passed the new Inland Revenue Bill with a 65-vote majority replacing the Inland Revenue Act No. 10 (2006)
Having secured its first Japanese customer to begin construction of its first cable-laying ship, making this its largest contract up to now,
A report released by Forbes and Walker Tea Brokersrevealed that the price of tea in Sri Lanka sold at auctionduring
In early 2014 the initial meeting of the Bangladesh-Sri Lanka Joint Working Group (JWG) on trade was held in Dhaka with both countries
The Government of Sri Lanka (GoSL) said at the annual SAARC Trade Fair and Investment Forum held in Colombo
The government’s economic policy framework titled, “V2025; A Country Enriched” highlights the need to establish an “Agriculture Logistics Network”by forming
CEO of Candor Group, Ravi Abeysuriya states that high levels of unabsorbed supply could result in the stagnation or reduction of the country’s high-end residential condominium in 2018 to 2020.
Chinese Ambassador to Sri Lanka, Yi Xianliang says that China remained dedicated to consolidating interchanges and collaborations within the South Asian region as it belonged to the region.
Petronet LNG, the main Indian importer of natural gas, issuing a statement has noted that the company has decided to
The Minister of Primary Industries, Daya Gamage says that the European Union’s decision to lift the ban on Sri Lankan seafood exports
Tourism Development Minister John Amaratunga has observed that tourist arrivals may rival his projected expectation of 2.5 million by the
PropertyGuru, a Singapore-based property portal having access to many East Asian markets has included Sri Lanka as a nominee in its regional awards programme.
The Sri Lankan government has approved Prime Minister Ranil Wickremesinghe’s proposal to restore and renovate 66 roads located in the
The Government of Sri Lanka (GoSL) in Cabinet Memorandum dated August 16, 2017 has decided to upsize the Foreign Currency
Lanka Energy Fund which comes under the HNB group is planning to sell 120 million shares at LKR 10 per
The Government of Sri Lanka (GoSL) launching its economic policy framework titled, “V2025; A Country Enriched,” has pledged to make Sri Lanka a rich country by 2025.
Last week saw share prices in the country closing on a recovered level. Stockbrokers reported that foreigners who had invested
Acting Assistant Secretary of State for South and Central Asian Affairs, Alice Wells communicated the US government’s desire to promote
The government of Afghanistan is said to have finalised the preparing of a trade pact to be signed with Sri Lanka in the Near future.
A research note prepared by JB Securities states that in July 2017 the country’s registration of motor cars had risen to 3,221 units from its June 2017 figure of 2,802 units.
The Sri Lanka Ports Authority (SLPA) has announced another round of calls for tenders in order to let two plots of land located at the Colombo Port belonging to it.
At a private sector consultationforum held by the Asia Pacific Alliance for Disaster Management Sri Lanka (A-PAD) together with the participation
The Government of Sri Lanka (GoSL) is said to be assessing the viability of injecting LKR 1 billion in state
Google has inaugurated its “Launchpad Accelerator” in Sri Lanka with the purpose of allowing local IT developers to resolve indigenous set-backs with specific tailored solutions.
Carson Cumberbatch PLC, a Sri Lankan corporation as part of its vision in becoming a “regional holding company”
A memorandum of understanding (MoU) was recently signed by the Monaragala Divisional Secretary and the Magistrate of the People’s Government
The proposal to begin research studies on coastal soil erosion in the east, south and west coasts of Sri Lanka
Prime Minister Ranil Wickremesinghe says the UN Convention on the Law of the Sea (UNCLOS) did not fully address all security concerns in the maritime sector
Prime Minister Ranil Wickremesinghe says that Foreign Direct Investment (FDI) into Sri Lanka was likely to see a considerable rise
In a joint proposal between the Fisheries and Aquatic Resources Development Ministry and the Ministry of Sustainable Development and Wildlife