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Friday November 13th, 2026
General Industry

Sri Lanka to finalize 10 mining investments under new regulation: State Minister

Sri Lanka has been trying to attract more investors into its mining resources

August 21, 2024 2 min read

Sri Lanka tobacco taxes, sales down in the June 2024 quarter

Company also took steps to export tobacco leaf which partially mitigated the loss in overall turnover

August 14, 2024 1 min read

Global Environment Facility funds chemical disposal project in Sri Lanka

GEF grants USD5mn to Ministry of Environment and UNDP to implement project on chemical disposal

July 5, 2024 2 min read

Sri Lanka plans to expand Bingiriya export zone to 1,100 acres

More than 600 acres would be acquired

May 23, 2024 1 min read
Sri Lanka's NEXT Manufacturing problem seems to be collective agreement: Minister

The entire apparel industry in not about to close down

Sri Lanka's NEXT workers seek labour consultation, cost explanation over closure

They did not give an explanation over what the excessive costs are

Pakistan, Sri Lanka in talks for pharma JVs supported by buy-back deals

Sri Lanka has invited the Pakistani Pharmaceutical Manufacturers’ Association (PPMA) to set up joint ventures with par...

March 2, 2021 2 min read

China MCC in talks with Sri Lanka over US$310mn mineral sand venture

China Metallurgical Group Corporation (MCC) is in talks with Sri Lanka over a 310 million US dollar mineral sand project...

February 27, 2021 2 min read
2

Sri Lanka manufacturing, services expand in Jan 2021:PMI

Sri Lanka's manufacturing Purchasing Managers' Index remained in expansion at 60.2 percent though 1 point down from Dece...

February 16, 2021 2 min read

Sri Lanka makes ceramic components for New Zealand tech company

Royal Fernwood Porcelain Limited, manufacturer of porcelain tableware said it had begun producing engineering components...

February 7, 2021 2 min read

Sri Lanka's Piramal Glass Ceylon net up 60-pct

Sri Lanka's Piramal Glass Ceylon Plc, said profits rose 60 percent from a year ago to 378 million rupees in the December...

February 4, 2021 1 min read
2

Sri Lanka's Global Rubber Industries adds agricultural tyre capacity

Sri Lanka's Global Rubber Industries said it is adding an agricultural tyre palnt that will take its capacity to 750,000...

January 23, 2021 2 min read

Sri Lanka state land on 30-year lease to Pelwatte Milk

Sri Lanka's cabinet of ministers had approved the transfer of 22 hectares of state land to Pelwatte Milk Industries Ltd,...

January 17, 2021 1 min read

Sri Lanka revises 'local value addition matrix' for assembled vehicles

Sri Lanka has revised the domestic 'value addition' criteria of assembled vehicles following discussions with the indust...

January 17, 2021 1 min read

Ferentino Tyre Corporation commissioned by Sri Lanka President

Ferentino Tyre Corporation (Pvt) Ltd, an export oriented greenfield project which the firm says will be South Asia's lar...

January 15, 2021 1 min read
3

Sri Lanka to set up National Salt Company SOE with Elephant Pass salterns

Sri Lanka will set up state owned enterprise named National Salt Company to run salt pan in the Northern Province.

December 29, 2020 1 min read
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US Dollar 332.3603 330.8514
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Sunshine, Akbar form Sri Lanka pharma business stretching from R&D to retail

Sri Lanka's Sunshine Holdings and Akbar Brothers have combined their pharmaceutical units to create a combined entity th...

December 17, 2020 2 min read

Sri Lanka's Lanwa Sanstha Cement Corporation to start production in June 2021

Sri Lanka's Lanwa Sanstha Cement Corporation (Pvt) Ltd, affiliate of Ceylon Steel Corporation Limited said it is aiming ...

December 10, 2020 2 min read
2

Sri Lanka approves tax breaks for China tyre factory

Sri Lanka has approved tax breaks for a 300 million dollar tyre factory to be built by Shandong Haohua Tire Co. Limited ...

December 8, 2020 1 min read
3

Standard Chartered Sri Lanka finances PPE export production

Standard Chartered Sri Lanka said it had financed personal protective equipment manufacture for export at Sri Lanka's Di...

December 3, 2020 2 min read

Sri Lanka's Rigid Tyre Corporation to start production from Jan 2021

Sri Lanka's Rigid Tyre Corporation (Pvt) Ltd said it will start producing passenger car radials with a 100 million dolla...

November 23, 2020 3 min read
2

Sri Lanka tyre plant in Hambantota port by China's Haohua

China will build a 300 million US dollar tyre plant in Sri Lanka's Hambantota port that will export nine million tyres i...

November 19, 2020 1 min read
18

Govt to pay compensation to families of deceased migrant workers

Sri Lanka will pay LKR 500,000 as compensation to the families of each migrant workers who died due to COVID-19 overseas...

Imesh Ranasinghe
November 19, 2020 2 min read

Scrap metal from government to be given at concessionary rates to local industry

Government has decided to sell scrap metal produced by the state sector to local industries outside the formal procureme...

November 3, 2020 1 min read

Shaky table possible cause of Sri Lanka PCR machine breakdown: China

An unstable work bench may have caused the malfunction of a PCR testing machine in the forefront of containing the sprea...

October 31, 2020 1 min read
1

China techies in Sri Lanka to fix Coronavirus PCR machines as Covid-19 spreads

Technicians from a company in China that has manufactured a high capacity Coronavirus PCR machine that is currently out ...

October 31, 2020 5 min read