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Tuesday October 26th, 2021
Business

Sri Lanka GSP+ loss will hit multiple sectors, rural women: JAAF chief

In the case of apparel, nearly 80 percent of the employees are predominantly rural women,

1 min read

Sri Lanka education start-up Magicbit raises funding through Angel Fund

This is Angel Fund's second investment for 2021

1 min read

Sri Lanka's CMPorts industrial park canvasses FDI in China's Yangtze and Pearl River deltas

HIPG has stationed an investment promotion team in China

1 min read

Sri Lanka tea under threat from pests, fungal outbreaks, weeds due to agro-chemical ban

Manual weeding worsens soil erosion, fertilizer loss

1 min read

Sri Lanka's Peoples Insurance A+(lka) confirmed amid import controls, pandemic

Fitch Ratings has confirmed an 'A+(lka)' National Insurer Financial Strength rating of People's Insurance Plc

Sri Lanka's North, East see highest attendance of students, teachers: minister  

Gunawardena said the government was able to open around 98 percent of the targeted schools.

2 min read

Sri Lanka sees very few students, teachers on first day of reopening schools

“There were only a few students and teachers in the Kurunagala district,” a principal from Kurunagala told EconomyNe...

Chanka Jayasinghe

3 min read

Sri Lanka Ports Authority plans waterfront PPP in Mahara stone quarry

Mixed development with urban residential, cultural and recreation facilities

1 min read

Sri Lanka's school teachers to return to work on Oct 25 but TU campaign to continue

"But we will not stop our struggle. Even after resuming teaching, we will continue."

Chanka Jayasinghe

3 min read

Sri Lanka manufacturing, some services recover in Sept 2021: PMI

Retail and leisure still hit amid lockdowns

2 min read

Sri Lanka tea farms welcome nitrogen fertilizer relaxation, but say problems remain

Industry is also awaiting further clarity on the use of other essential inputs for control of weeds and pests

3 min read

Sri Lanka export committee to identify markets, recommend policy

The committee will run for a duration of 5-years

1 min read

Sri Lanka teachers' strike: minister threatens legal action if teachers disrupt school reopening

Weerasekara drew parallels between a dragging teachers’ strike – now into its fourth month – and Sri Lanka’s civ...

3 min read

Sri Lanka teachers’ trade unions stick to their guns, continue strike

The teachers' trade union campaign has turned out to be one of the longest strikes in the island’s history.

4 min read

Sri Lanka govt talks with teacher trade unions end with no final decision: officials

“We did not give our response in the meeting, but we hope to discuss it with the unions tomorrow," said Stalin.

Chanka Jayasinghe

3 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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US Dollar 203.0000 201.9836
UK Pound 279.4295 278.1314
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Aus Dollar 152.3312 150.2614
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Sri Lanka probing viral video of tourist who claims he turned back due to lockdown

"I don't know why the tourist did not opt to use those facilities but made this viral video. It is mind boggling."

Mahadiya Hamza

2 min read

Cabinet nod for bill extending Sri Lanka's private sector retirement age to 60

The cabinet has approved the proposal by Labour Minister Nimal Siripala de Silva to present the draft bill in p'ment.

1 min read

Sri Lanka may allow liquid nitrogen fertilizer for tea: Minister

A committee has been formed to look into how liquid nitrogen could be provided to tea

1 min read

Sri Lanka food, cooking gas prices up after controls removed amid money printing

Fuel price hike expected

5 min read

Sri Lanka's state universities begin vaccinating students, staff aged 20-29

Students, academic and non academic staff can go to the nearest university to their residence to get the jab, he said.

Chanka Jayasinghe

1 min read

Distilleries, Melstacorp 'AAA-(lka); Fitch rating confirmed despite expected tax hike

Fitch expects some tax hikes in the sector but at moderate levels

9 min read

Sri Lanka power regulator license more electricians

PUCSL says an electrician license will be made mandatory by next year and regulations will be imposed

2 min read

Sri Lanka tourist arrivals boosted by India, Pakistan in Sept 2021

In late August, Sri Lanka restarted its tourism campaign in India

2 min read

Sri Lanka removes limit on unvaccinated inbound passengers; duty free open for vaxxed

However, unvaccinated passengers must still undergo a 14-day quarantine.

Mahadiya Hamza

2 min read

Sri Lanka's Grade 5 scholarship, GCE A/L exams postponed yet again

New dates for the exams will be announced in the near future, the state minister said.

2 min read

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