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Saturday May 18th, 2024
Business

Sri Lanka's small luxury boutiques see market openings after IMF deal

Sri Lanka aims to attract 2 million tourists during the year.

April 18, 2023 2 min read

Sri Lanka expressway revenue surges in New Year holiday

On April 15 and 16, a total generation of 70,558,100 was collected from vehicles that used the expressway.

April 17, 2023 1 min read

Sri Lanka's Asiri group plans Port City hospital

To partner with a international healthcare group for technical support

April 17, 2023 1 min read

Sri Lanka plans tourist app for site tickets

"We know where our country's economy is at right now, and we need the dollars as well."

April 17, 2023 2 min read
SriLankan Airlines flies in Indian journalists to promote tourism

Airline organized a tour of the island for journalists from India's mainstream print and news media

Sri Lanka revolving restaurant to open in time for holiday season

Citrus Leisure Plc has said it will open its revolving restaurant at the Lotus Tower in a week or so.

Sri Lanka tea plantations propose new wages based on smallholder model

Sri Lanka's Regional Plantations Companies have proposed new wages based on small holders, which the firms sau can raise...

December 24, 2020 3 min read
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Sri Lanka fruits and vegetable body joins export modernization drive

Sri Lanka's fruit and vegetable producers and exporters have linked up with a World Bank supported project to modernize ...

December 23, 2020 1 min read

“In business there should be no difference between women and men”

Women entrepreneurs from several South Asian countries say investors should not differentiate between the genders of bus...

Kshama Ranawana
December 22, 2020 7 min read

Sri Lanka nationals, dual citizens allowed back on commercial flights, paid Covid-19 quarantine

Sri Lanka nationals and dual citizens abroad who can afford paid quarantine are allowed to use commercial flights to ret...

December 21, 2020 2 min read

Sri Lanka tea production up 10-pct October 2020

Sri Lanka had produced 23.4 million kilograms in October 2020, up 10.3 percent from a year earlier, thought cumulative ...

Tania Madies
December 21, 2020 1 min read

Sri Lanka to target millennials with experience based tourism post-Covid-19

Sri Lanka is planning to market the island highlighting experience based tourism and branding targeting mainly millennia...

Chanka Jayasinghe
December 20, 2020 3 min read
3

Sri Lanka fashion and design show to go virtual in 2021

Sri Lanka Design Festival, an annual event showcases fashion, design technology, knowledge sharing, art and creativity w...

December 20, 2020 2 min read
1

Sri Lanka encourages home gardening as Covid-19 takes toll

A 75 percent of Sri Lankans are ready to continue the lifestyles taken up under the harsh conditions of COVID-19 enforce...

Mahadiya Hamza
December 19, 2020 2 min read

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 Browns and China Harbour ink deal for Port City towers

Browns Investments said it had inked a deal to join China Harbour Engineering in a 450 million dollar mixed development ...

December 17, 2020 2 min read
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Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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pts %
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Turnover Rs million 1,591,766,524.95 1,029,335,694.32
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3-m bill 21.72 21.79
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5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
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I-m SLIBOR - -
Source: Central Bank/Indicative

WFP and Korea provides seed to 54,000 Sri Lanka farmers

Around 54,000 farmers in rural Sri Lanka will get subsidized seeds under a program backed by the United Nations World Fo...

December 16, 2020 2 min read
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Sri Lanka's LOLC says Serendib acquisition will strengthen post-Covid-19 leisure business

Colombo-based LOLC Holdings said the acquisition of Sri Lanka's Serendib Hotels will strengthen its position in the post...

December 15, 2020 2 min read

Sri Lanka's Hemas Holdings sells Serendib Hotels to LOLC

Sri Lanka's Hemas Holdings said it has sold a controlling stake in Serendib Hotels Plc for 792 million rupees, to LOLC g...

December 15, 2020 2 min read

Govt to intervene directly in the vegetable market to control prices

The government is planning to intervene in the produce market by purchasing directly from farmers and fixing profit marg...

December 14, 2020 2 min read
3

Sri Lanka targets 25,000 women for Covid supply chain, amid constraints

Sri Lanka wants to help 25,000 women entrepreneurs get into distribution channels amid a Covid-19 pandemic State Ministe...

Mahadiya Hamza
December 14, 2020 4 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

Sri Lanka develops airport opening protocol

Sri Lanka has developed a protocol for a possible re-opening of the country's airport which a committee is reviewing, th...

December 8, 2020 5 min read
2

Brandix workers probably got Covid from a foreign source - Minister

Sri Lanka’s Minister tasked with dealing with the Covid 19 pandemic Dr Sudharshini Fernandopulle believes that staff a...

December 7, 2020 2 min read

Sri Lanka wildlife, forest camps, bungalows to re-open

Sri Lanka's wildlife and forest departments will reopen bungalows and camping sites for travellers, which were closed am...

December 4, 2020 1 min read
2