The European Union (EU) has given Sri Lanka a quota of 5,600 tonnes of yellowfin tuna fish for this year and Sri Lanka’s State Ministry of Ornamental Fish,
Sri Lanka’s Minister of Plantation Ramesh Pathirana has reportedly stated that due to a series of initiatives taken to boost the local rubber sector by the government of Sri Lanka, the segment will soon overtake tea sector earnings.
The government of Sri Lanka has reportedly revised the domestic ‘value addition’ criteria of assembled vehicles following discussions with the industry
Sri Lanka’s Cabinet of Ministers has recently approved a proposal to transfer an extent of 22 hectares of state land
The Board of Investment (BOI) of Sri Lanka has reportedly reached an agreement with Mila Fashion, which is part of the Design Studio group, to set up a brand-new apparel manufacturing plant in Welioya
The government of Sri Lanka has decided to grant approval for two State Ministries to sign a memorandum of understanding (MoU) to take forward a project initiated by the government to link selected Export Production Villages (EPVs) with international markets.
Global Rubber Industries (GRI) has reportedly commenced 2021 on a very positive note by laying the foundation stone for the second phase of a US$ 100 million project with a new manufacturing facility in Badalgama,
Sri Lanka’s airport and aviation as well as tourism industry stakeholders are reportedly making preparations to reopen the country’s borders and resume international tourism in the country from Thursday (21)
Ambassador of Vietnam in Colombo Pham ThiBich Ngoc has reportedly noted that Sri Lanka and Vietnam have immense potential for cooperation in the agriculture and fisheries sectors
Sri Lanka’s Cabinet of Ministers has this week approved the entering in to a Memorandum of Understanding (MoU) between Sri Lanka Tea Board and Fujian Star China International Trade Company to market Pure Ceylon Tea on a 5G-powered platform in China.
Sri Lanka’s President announces joint venture with India’s Adani Group to develop Colombo Port’s ECT
Sri Lanka’s President Gotabaya Rajapaksa has assured trade union representatives of the Colombo Port that ownership of the East Container Terminal (ECT) will be retained
A total of seven international airlines have reportedly announced plans to operate scheduled flights to Sri Lanka once the airport reopens on 21 January
Sri Lanka’s main international airport, the Bandaranaike International Airport in Katunayake, has reportedly been certified as having complied
The Sri Lankan mission in Germany has carried out a programme to promote the re-opening of the country for global tourists from next week
The European Union (EU) has reportedly announced the signing of three grants worth EUR 35.75 million (Rs. 8.26 billion) with Sri Lanka,
World-renowned financier and a member of the Rothschild family, Nathaniel Rothschild, who was on a brief visit to Sri Lanka this week, had reportedly paid a visit to the Port City in Colombo.
Sri Lanka’s President Gotabaya Rajapaksa opened Southeast Asia’s largest tyre manufacturing facility – Forentino Tyre (Pvt) Limited – in Wagawatte Export Processing Zone on Thursday (14).
Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan has informed Sri Lanka’s Foreign Affairs Minister Dinesh Gunawardena that Thailand has
Sri Lanka has reportedly commenced the exporting of seafood to Ukraine via a new route from the Mattala Rajapaksa International Airport (MRIA) in the country’s Southern province to Kiev operated by SkyUp Airlines.
Sri Lanka’s top businessmen have last week discussed with Indian External Affairs Minister Dr. S. Jaishankar a number of proposals to improve Indo-Lanka economic engagement including the early resumption of tourism.
The Ceylinco Radiation Treatment Centre in Sri Lanka, which is the only private hospital in the country to offer Brachytherapy (internal radiation) for the treatment of cancer,
Browns Investments PLC of Sri Lanka has reportedly crossed Rs. 4 billion in turnover recently as total market turnover was Rs 9.1 billion.
Sri Lanka’s Ports and Shipping Minister Rohitha Abeygunawardena has reportedly said the country is looking for an investor to complete the East Container Terminal (ECT) of the Colombo Port and a report from a technical committee is awaited.
Sri Lanka’s Energy Ministry is to reportedly call for bids for an investor to launch the project to construct a new oil refinery in Sapugakanda
The Sri Lanka Ports Authority (SLPA) has reportedly launched a project to set up a new Container Freight Station (CFS) at the Unity Container Terminal (UCT) in the Colombo Port.
The Cabinet of Ministers in Sri Lanka has reportedly approved a proposal by Sri Lanka’s Minister of Industries Wimal Weerawansa to set up a smart “One Stop Shop’ to attract foreign
Sri Lanka’s economy has fared better than many other countries in the world in the wake of COVID-19 in 2020, with an economic growth rate of 1.5%
Sri Lanka earlier this week commenced the construction of 3,000 housing units for middle-income families in the Orugodawatta in the Colombo District.
Hela Clothing of Sri Lanka has reportedly acquired a 50% stake in Sumbiri Intimates Apparel PLC from Indonesian owner Sumber Bintang Rejeki
The Republic of Korea has reportedly agreed to supply Korean Won not exceeding US$ 500 million to the government of Sri Lanka for implementing projects recognized within the period of 2020-2022.
The government of Sri Lanka has reportedly launched the first Digital Land Registry Service (DLRS) at the Colombo Land Registry as a pilot project.
The government of Sri Lanka has reportedly expressed confidence in attracting 1.5 million tourists this year with the re-opening of
The Colombo stock market in Sri Lanka has reportedly gotten off to a bullish start on the first trading day of 2021 by posting sharp gains and boosting its value by Rs. 53 billion.
Tourism sector stakeholders in Sri Lanka’s Eastern Province are exploring new methods to increase the tourism industry in the area.
China’s Belt and Road Initiative (BRI) has reportedly not been affected by the global Covid-19 pandemic and most projects under
The government of Sri Lanka last month set up the Bamboo Timber Training and Development Center that was declared open on December 21, 2020
Sri Lanka’s Board of Investment (BOI) has reportedly stated that the country has secured US$ 800 million in foreign direct investments (FDIs) in 2020 despite the global Covid 19 pandemic.
The English cricket team has arrived in Sri Lanka to play two a test series against the Sri Lankan cricket team in Galle.
Chairman of Sri Lanka’s Export Development Board (EDB) Suresh de Mel has reportedly said the country has achieved 88.5% of
Sri Lanka’s sugar market is expected to receive a boost with the final leases for the Kantale Sugar Factory being
Heung A Line headquartered in South Korea is to reportedly launch their maiden service (SIS/CI6) into Sri Lanka with their
Sri Lanka has reportedly decided to open the country’s airport for tourism from December 29 to accommodate Russian region based tourists
Chinese Ambassador to Sri Lanka Qi Zhenhong has reportedly called on Speaker Mahinda Yapa Abeywardena earlier in the week and
Browns Investments PLC (BI), which is the strategic investment arm of Sri Lanka’s LOLC Holdings PLC, recently announced the acquisition
Sri Lanka’s Power Ministry and Board of Investment to attract investors for power generation projects
Sri Lanka’s President Gotabaya Rajapaksa has called on the country’s Board of Investment (BOI) and Power Ministry to join forces
Sri Lanka’s tourism authorities are to look at submitting fresh proposals for the promotion of sports tourism in a bid
Sri Lankan authorities have announced plans to open the country’s borders for limited activities and permit charter and commercial flight from December 26th.
The government of Sri Lanka has decided to construct an international gem and jewellery trade center in Ratnapura at a cost of Rs 365 million
The government of Sri Lanka is targeting US$ 2.5 billion in foreign direct investments (FDIs) in 2021, with several commitments already being made,
The latest Purchasing Managers Index (PMI) released by the Central Bank of Sri Lanka has reportedly noted that the Manufacturing sector has shown a rebound in Novembe