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Saturday September 30th, 2023

Sri Lanka sees higher 470,000ha paddy sown in Yala: Minister

Estimates suggest 470,000 hectares may be sown

June 13, 2022 2 min read

Sri Lanka tea prices hit record in May amid currency collapse

Low grown hits new tea record

June 12, 2022 3 min read

Sri Lanka Railway lands to be leased for cultivation amid food scare

Sri Lanka is facing one of its worst economic crisis in the history.

June 11, 2022 2 min read

Sri Lanka signs MoU with India's EXIM bank for USD 55mn credit line for urea imports

The request for the credit facility was sought to purchase fertilizer to meet immediate demands during the yala season.

June 10, 2022 1 min read
Sri Lanka coconut prices ease at auction

The average price for 1,000 nuts fell to 80.811.89 from 84,116.85

Sri Lanka's JKH in talks for international gaming expertise

Hotels and retail sections at Cinnamon Life in progress

Sri Lanka cigarette sales down 19-pct in Dec quarter after tax hikes says BAT unit

Sri Lanka's legal cigarette sales are fell 19 percent in the December 2019 from a year earlier after tax and price hikes...

February 26, 2020 2 min read

Land value in Sri Lanka's Colombo District grows 10-pct in 2019 second half

The Land Valuations Indicator for the Colombo District grew 10.4 percent in the second half of 2019 from a year earlier,...

February 26, 2020 1 min read

Sri Lanka's Ceylon Grain Elevators net up in December on tighter costs, lower tax bill

Profits at Sri Lanka's Ceylon Grain Elevators, a feed milling and poultry processor, grew 26 percent in the December 202...

February 26, 2020 3 min read

Sri Lanka receives Ford Foundation grant to boost startup ecosystem

The Ford Foundation will provide a 300,000 US dollar grant in a deal with the Lankan Angel Network (LAN) to boost Sri La...

February 25, 2020 2 min read

Sri Lanka blames 'middle men', Dambulla market, as vegetable prices begin to fall

Authorities in Sri Lanka have started to blame 'middle men' and a wholesale market with commission agents in Dambulla, a...

February 25, 2020 4 min read

Sri Lanka vegetable prices fall 30-40-pct in February, but still higher than last year

Sri Lanka's vegetable prices have started to fall in February 2020 from a month earlier, but remains sharply elevated f...

February 24, 2020 3 min read

Sri Lanka's steel costs 70-pct higher due to protectionism

Sri Lanka's steel costs are about 70 percent higher than other Asian countries which is hurting housing and apartments ...

February 24, 2020 1 min read

Sri Lanka rough rice forecast raised to 2.97mn tonnes for 2020 main season

ri Lanka's rough rice harvest in the main (Maha) cultivation season, where harvesting is now underway, has been raised t...

February 24, 2020 1 min read

Southern Expressway: Final stretch opens to public

The final stretch of the Southern Expressway was declared open on Sunday by President Gotabaya Rajapaksa and Prime Mini...

February 24, 2020 1 min read

Sri Lanka mid tier apartment property seeing buyer interest after tax cuts

Apartments in the mid-tier segment is drawing customer interest after recent tax cuts, but the luxury segment could foll...

February 24, 2020 2 min read
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Sri Lanka state firms to import 79,900MT of chemical fertilizer

Sri Lanka's state fertilizer firms have ordered 79,000 metric tonnes of chemical fertilizer to be distributed to farmers...

February 23, 2020 2 min read

Sri Lanka cement capacity to outstrip demand in next few years

Sri Lanka's cement production and bagging capacity will outstrip demand in the near term with new plants coming in, unti...

February 23, 2020 2 min read

Completed Southern Highway opens tomorrow

President Gotabaya Rajapaksa will declare open the last two phases of the Southern Expressway tomorrow and the Road Deve...

February 22, 2020 1 min read

Sri Lanka firms see Coronavirus disruptions, more if epidemic continues: Chamber survey

Sri Lanka's Ceylon Chamber of Commerce (CCC) said about half of the respondents to a survey of member firms had reported...

February 21, 2020 2 min read

Sri Lanka's petrol, diesel prices lower if price formula was in place: Sajith

Sri Lanka's fuel prices would have fallen in February if a monthly fuel price formula was not abolished by the new admin...

Chanka Jayasinghe
February 21, 2020 2 min read

Sri Lanka's plantations lose Rs2.6bn in six months ahead of mandated wage

Sri Lanka's publicly traded plantations companies, growing commercial crops such as tea, which have been asked by the g...

Tania Madies
February 21, 2020 6 min read

Sri Lanka to revive China's CNTIC backed Ruwanpura expressway

Sri Lanka's Ministry of Highways had been given the nod by the cabinet of ministers to seek a proposal from China Nation...

February 21, 2020 1 min read

Sri Lanka discharges fully recovered Chinese Coronavirus patient

Sri Lanka will discharge a tourist from China who was treated for the novel Coronavirus on February 19, after making a f...

Nisali de Silva
February 19, 2020 2 min read

Sri Lanka Coconut auction prices down 15-pct over two weeks

Sri Lanka's raw coconut prices fell for the second week in a row, tumbling 15 percent to 42,977 for a thousand nuts in t...

February 19, 2020 1 min read

Proposed Zoo in Piliyandala: Cabinet paper to be presented soon

A Cabinet paper for a proposed Zoological Garden in Kahapola, Piliyandala will be presented to the cabinet in the coming...

February 18, 2020 1 min read