Sri Lankan government to extend southern railroad from Beliatte to Hambantota
The government of Sri Lanka is looking at extending the Sri Lanka Railways (SLR) railroad for the Matara-Beliatta route up
14
Aug
News
14
Aug
Sri Lanka’s BIA to see construction of new terminal from next month
The construction of a new terminal at Sri Lanka’s Bandaranaike International Airport (BIA) is to commence in September This was
14
Aug
Sri Lanka’s export revenue record month on month increase since April
Sri Lanka’s export revenue has increased after an all-time drop experienced in April this year due to the global Covid
14
Aug
AirAsia Philippines commences seafarer repatriation flights to Sri Lanka’s Mattala Airport
AirAsia Philippines has reportedly commenced operating seafarer repatriation flights to Sri Lanka’s Mattala International Airport since the country now serves
14
Aug
Maersk expresses interest in developing ECT in Colombo Port in partnership with SLPA
Global shipping giant Maersk has reportedly expressed interest in developing the East Container Terminal (ECT) at the Colombo Port in
12
Aug
Sri Lanka’s Nanotechnology Institute leads battle against Covid 19 with innovative solutions
Sri Lanka Institute of Nanotechnology (SLINTEC), which is a pioneering research institute in the country, is reportedly leading the battle
12
Aug
Sri Lankan government to launch mixed development plan for the west of Beira Lake in Colombo
The government of Sri Lanka has reportedly finalised a large scale mixed development plan for the west of Beira Lake
12
Aug
Sri Lanka’s Watawala Tea enters purchases another local business for over Rs. 1 billion
Watawala Tea Ceylon Ltd., which is a fully-owned subsidiary of Estate Management Services Ltd., of Sunshine Holdings Group, has reportedly
12
Aug
Sri Lanka receives global safety and hygiene stamp by the World Travel and Tourism Council
Sri Lanka and Grenada, which have been identified as popular holiday destinations, have received the global safety and hygiene stamp
12
Aug
Sri Lanka’s business community confident of economic development under stable government
Sri Lanka’s business community and trade chambers have hailed the recent landslide victory recorded by the governing party. They believe
28
Jul
Sri Lankan government focuses on boosting spice exports
President of Sri Lanka Gotabaya Rajapaksa has reportedly called on government agencies to work closely to boost spice exports with
28
Jul
Sri Lanka’s tea bag exports record recovery in June
Sri Lanka has recorded a recovery in tea bag exports in the month of June, though overall shipments a year
28
Jul
Sri Lanka and UK discuss stepping up bilateral trade, investment and areas of cooperation
Sri Lanka’s Foreign Relations Minister Dinesh Gunawardena and UK Minister for International Trade Ranil Jayawardena have recently discussed via a
28
Jul
Sri Lanka to launch beautification projects in two key cities
The government of Sri Lanka has decided to launch three beautification projects targeting the country’s commercial capital, Colombo and the
23
Jul
China sees Sri Lanka’s Hambantota Port as key strategic hub linking Asia Pacific with Europe and America
Sri Lanka’s southern Port of Hambantota is seen by China as a key strategic hub linking Asia Pacific with Europe
23
Jul
Sri Lanka to set up bio-technology innovation park and bio-technology institute
The government of Sri Lanka is reportedly looking at establishing a bio-technology innovation park and bio-technology institute on 13.2 acres
23
Jul
Sri Lanka’s President pushes to promote pepper cultivation as a major export crop
President of Sri Lanka Gotabaya Rajapaksa has reportedly stated said that the Sri Lankan government is looking at promoting pepper
23
Jul
Sri Lanka’s exports sector bounces back after initial Covid 19 pandemic impact
Sri Lanka’s Export Development Board (EDB) has reportedly noted that data for the month of June has confirmed that local
22
Jul
Sri Lankan porcelain manufacturer introduces new customized steam inhaler
Dankotuwa Porcelain PLC of Sri Lanka, which is reportedly renowned for its luxurious and elegant porcelain, has recently introduced a
22
Jul
Sri Lanka’s canned fish manufacturers confident of meeting local demand and reaching export markets
The Canned Fish Manufacturers Association of Sri Lanka (CFMASL) has reportedly said the local fish manufacturers will be able to produce
22
Jul
Sri Lanka’s Coconut Development Authority initiates investment assistance programme
The Coconut Development Authority (CDA) of Sri Lanka has initiated an investment assistance programme to promote bristle fibre production and
22
Jul
Johnnie Walker whisky looking at paper bottles – report
OSL take: The news report of a world renowned whiskey brand is looking at innovative ways of promoting the brand
21
Jul
Sri Lanka to build Faculty of Computing and Technology for Rs. 3 billion
Sri Lanka’s Government Information Department has stated that a contract to build a Faculty of Computing and Technology at the
21
Jul
Sri Lanka awards contracts to two foreign companies to purchase fertilizer
Sri Lanka’s state owned Ceylon Fertilizer Company (Lak Pohora) and Colombo Commercial Fertilizer Company Ltd (Commercial Fertilizer) have reportedly awarded
21
Jul
Sri Lanka’s tea prices show marginal increase in second week of July
Tea prices in Sri Lanka have reportedly shown a marginal increase in the second week of July. The Economynext quoting
21
Jul
Sri Lanka’s Bank of Ceylon placed among the Top 1000 Banks in the World by The Banker UK Magazine
Sri Lanka’s state owned Bank of Ceylon (BOC) has reportedly been placed once again among the Top 1000 Banks in
21
Jul
Sri Lanka’s Central Bank further relaxes monetary policies
The Monetary Board of the Central Bank of Sri Lanka (CBSL) last week decided to reduce the Standing Deposit Facility
21
Jul
Sri Lankan government revises cost for construction of 1,000 bridges in rural areas
The Cabinet of Ministers in Sri Lanka has reportedly approved a proposal by Sri Lanka’s Minister of Public Administration, Home
21
Jul
Sri Lanka’s exports rebound in June recording US$ 950 million
Sri Lanka’s exports have reportedly rebounded to US$ 950 million in June after falling to US$ 250 million in April
21
Jul
Sri Lanka to call for international bids to purchase four used helicopters for SLAF
The government of Sri Lanka last week said it will call for international bids to buy four used helicopters for
15
Jul
Sri Lanka’s Nawaloka Hospitals launched Rs. 350 million expansion project in Negombo
Nawaloka Hospitals Group in Sri Lanka is launching a Rs. 350 million expansion project to take its services to Negombo.The
15
Jul
Sri Lanka’s Richardson Technologies to proceed with Smart City project in Colombo
Richardson Technologies Ltd. (RTPL) in Sri Lanka is to proceed with the long awaited Smart City project in the country’s
15
Jul
Sri Lanka’s Dimo Agribusiness launches third Agri Techno Park in the hill country
Sri Lanka’s DIMO Agribusinesses, the agriculture arm of DIMO, has reportedly unveiled its third Agri Techno Park in Lindula establishing
15
Jul
Lanka Clear gets more business opportunities due to increase in online payments
Lanka Clear, which is an interbank clearing house in Sri Lanka, is reportedly looking at starting an easy-to-use mobile cash
15
Jul
Chinese logistics group to join the development of Sri Lanka’s Hambantota Port
In relation to the development of Sri Lanka’s southern Hambantota Port, China’s CMPorts has reportedly said that a Chinese based
14
Jul
Sri Lanka’s President calls on farmers to grow more grains to boos agriculture sector
Sri Lanka’s President Gotabaya Rajapaksa has called on farmers to grow more grains saying imports have been controlled and they
14
Jul
Sri Lanka’s EDB says country’s downgrading a blessing in disguise to gain preferential access
The Export Development Board (EDB) of Sri Lanka has reportedly noted that the recent downgrading of Sri Lanka to a
14
Jul
Sri Lanka receives strong interest for proposal to raise US$ 500 million
Sri Lanka only called for proposal on June 17 with a deadline of June 30, giving less than two weeks.The
14
Jul
Sri Lanka’s Central Bank chooses Swedish tech company to develop block chain
The Central Bank of Sri Lanka (CBSL) has reportedly said it had chosen three parties which includes domestic and Swedish
10
Jul
Sri Lanka’s Crescat Boulevard to move forward with major investments in refurbishment
Asian Hotels and Properties PLC (AHPP) has reportedly announced that it would be moving forward with major investments towards the
10
Jul
Sri Lanka launches country’s first underwater museum off the southern Galle Harbour
The Sri Lanka Navy has released photographs of Sri Lanka’s first underwater museum, which has been built at a depth
10
Jul
Sri Lanka’s Tourism Minister says priority status to revival of tourism industry
Sri Lanka’s Tourism Minister Prasanna Ranatunga has reportedly said the government of Sri Lanka has given priority to the quicker
10
Jul
Sri Lanka to receive another concessionary loan of US$ 140 million from China
The government of Sri Lanka is to receive another US$ 140 million as a concessionary loan from the China Development
10
Jul
Sri Lanka’s Central Bank introduces new credit schemes to boost post Covid 19 economy
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to introduce new credit schemes under the
10
Jul
UK looks at boosting trade and investment relations with Sri Lanka
The UK is looking at bolstering trade and investment relations with South Asia and Sri Lanka through the appointment of
10
Jul
Sri Lanka to discontinue importing of handloom and batik textiles to promote local production
Sri Lanka’s President Gotabaya Rajapaksa has recently announced the discontinuation of the importation of handlooms and batik textiles to the
10
Jul
HCL Technologies commence operations in Sri Lanka to service global clients
One of the leading global technology companies, HCL Technologies (HCL) has reportedly commenced operations in Sri Lanka. According to reports,
19
Jun
Sri Lanka’s Prime Grand real estate project resumes operations
The flagship luxury project of Sri Lanka’s Prime Group, Prime Grand, has resumed operations in accordance with #RestartSL protocols announced
19
Jun
Sri Lanka to commission two renewable power plants in the Jaffna peninsula
Sri Lanka is to commission two 10 MegaWatt renewable power plants later this month in the country’s Northern Jaffna peninsula following the completion of construction.
19
Jun
Sri Lanka gearing to welcome foreign tourists from August 1st
Sri Lanka Tourism has announced that steps have been taken to welcome foreign travelers to the country from August 1st following the successful containment of Covid 19 in the country.