Sri Lanka in recent years has seen a massive growth in E-commerce companies operating within the island and generating great value and revenue.
Sri Lanka is continuing on with its path to becoming an education hub in the region and higher education institutes which offer degrees
The Board of Investment (BOI) of Sri Lanka, signed a US $ 2 billion agreement with the World Capital Centre (WCC) for the building of the tallest building in the Asia
Sri Lanka has regressed in terms of Doing Business Ranking, falling to 110 from its’ earlier position of 79 as of 2012. Improving investor climate will be paramount to Sri Lankan economy
It was proposed in the 2016 budget that a new Inland Revenue Act was needed to address severe deficiencies in the present legislation,
Sri Lanka will receive 2 Billion Yuan ( 290 million US Dollars) as a development assistance for the period form 2018- 2020.
Sri Lanka win EU parliamentary vote on GSP+ by 436 votes against the motion to deny GSP+ to Sri Lanka
Sri Lanka has been able to defeat a motion presented by a group of members in the European Parliament calling for denial of granting GSP+
To integrate functions associated with tea in order to improve productivity and quality across the industry,
These are for the purposes of refurbishment of the National Railway System and to strengthen the SLTB Islandwide Network Operations
According to the Cabinet decisions recently, feasibility studies for 5 LRT lines will be tendered for investment from private parties.
The new regulatory framework introduced by the PUCSL will empower the power consumer of Sri Lanka as never before.
Sri Lanka’s gross official reserves increased to $ 6.5 billion by end July 2016 with the proceeds from the dual tranche
The non-profit CII has more than 8,000 members from Indian multinationals, corporates and SMEs and is a leading policy influencer
Donald Tusk, who heads the European Council has pledged his fullest support to Sri Lanka to regain the GSP+ concessions.
Chairman of the World Travel and Tourism Council, Gerald Lawless will deliver a lecture on “A masterclass in how to build a tourism destination”.
Established in 2010, the IFC Global Trade Supplier Finance program is a $500 million multicurrency investment and advisory program
Export Development Board Chairman Indira Malwatte said they are currently looking into new industries like boat and yacht building.
The 2 Exporter of the Year awards presented to the Group this year confirm Brandix as Sri Lanka’s top exporter
The proposed date of the registration of the Multicurrency Medium Term Programme on the Singapore Stock Exchange is August 8 2016.
Provincial Gross Domestic Product for 2015 has been computed by the Statistics Department of the Central Bank of Sri Lanka
“There were several suggestions to offer a Voluntary Retirement Scheme (VRS) but we don’t want to do it since
Managing Director and Member of the Managing Board Dr. Philipp Rösler, 1st high profile official to visit Sri Lanka.
Large Chinese incentive group visits Sri Lanka,A group of 134 Chinese tourists recently arrived in Sri Lanka from Shanghai, China.
Al Ghurair Investment LLC, United Arab Emirates, is looking to build Sri Lanka’s largest shopping mall in Colombo,
International Civil Aviation Organization (ICAO) Chairman Olumuyiwa Barnard Aliu yesterday assured that they were ready to provide proposals to convert
The government has been able to woo an international hospital chain to invest in a high tech hospital at the Port City
Colombo Port City had been invited to participate in NATCON, the annual conference of the CREDAI,
Though relatively small in contribution, the 2 provinces have grown their economies by a nominal 12.1% and 10.9% in 2015
The housing scheme has been built under the program of ‘Divisaru Puravara’, carried out by the Ministry of Megapolis
Hospitality Investment Conference Indian Ocean 2016 drives hospitality and tourism markets in the region.
Tourist arrivals crossed the 1 million mark in July reflecting a near 17% growth year on year.
Managing Director Rohan Goonewardene said that the involvement of First Guardian, with a world class, focused and technologically cutting edge
Prime Minister Ranil Wickremesinghe initiated the idea of the ‘Colombo-Kandy-Hambantota Corridor’ by dint of Colombo Port City, Hambantota Habour ,..
The problem of “sand piling” at the Kirinda Fishery Harbor has made the facility redundant as the fishermen have abandoned
As part of Prime Minister Ranil Wickremesinghe’s 5 Year Plan to be presented to the public in the next 2 months
Sri Lanka’s IT talent pool can help traditional businesses to adopt and grow from these technological advancements,” Google India’s Chief said.
The government of Sri Lanka is requesting investment proposals for LNG storage tanks and combined cycle LNG Power Station at Hambantota Port.
Public Administration and Home Affairs Minister W.D.J. Seneviratne says that the President has granted approval for the construction
Aimed to bridge the digital divide in Sri Lanka, with special focus laid on education, improving efficiencies in the business sector
Prime Minister Ranil Wickremesinghe says the National Government comprising the two main political parties under the leadership of President Maithripala Sirisena is committed towards not merely Political Stability, but also Economic Stability.
President Maithripala Sirisena yesterday made an impassioned plea of support for small and medium enterprises as their development would directly improve the livelihoods of middle class Sri Lankans
The Government will ink a revised agreement with Chinese construction firm China Communication Construction Company (CCCC) to resume work on the Colombo Port City with the company agreeing to drop its $ 125 million compensation claim in exchange for additional land in the reclaimed city.
Top public policy makers and private sector representatives should be locked up together for 8 weeks to hammer out “investment plans” to their finest details to boost confidence on both sides and lock in investment deals
The ISO 9001 standard outlines a process approach to implementing and supporting a quality management system with an increased involvement of top management. This certification insists on top management engagement for the setting of Quality Policy, Goals and Objectives.
The 11th World Islamic Economic Forum, held in Kuala Lumpur between 2015 Nov 3-5, has evolved into possibly the most unique and successful festival of business, economics, music, arts, ideas and inspiration in the Muslim world.
‘Sri Lanka Economic Summit 2016, organised by the Ceylon Chamber of Commerce will commence today August 2, with the participation of President Maithripala Sirisena.
• Sri Lanka has decided to allot a 55-sq-km expanse of land to China for a special economic zone, the
Earnings from tourism increased to $ 1.4 billion during the first five months of 2016 in comparison to $ 1.18 billion recorded during the same period of 2015.
Seafood Expo Global -Brussels, Belgium 25th-27th April 2017.Seafood Excellence Global: Find the BEST seafood products available on a global scale.
The World Bank Board has approved a $100 million credit from the International Development Association (IDA) to support the Government’s economic reform program.