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Thursday June 1st, 2023
Business

Sri Lanka's Resus Energy to sell Rs1.2bn in A+(lka) debentures

Sri Lanka's Resus Energy Plc will sell 1.2 billion rupees of debentures

December 15, 2021 7 min read

Sri Lanka's Tempest PE Partners lead SLT Campus acquisition

SLT exits for Rs 410mn

December 15, 2021 1 min read

Sri Lanka to lease land from 15 industrial estates targeting regional development

“Selected investors are expected to invest Rs. 4,523.34 million and to generate 2477 direct employment opportunities."

December 14, 2021 1 min read

Sri Lanka farmers exporting to EU gets blockchain tech to certify origins

Will enable to farmers to command higher prices based on integrity and traceability of food

December 13, 2021 2 min read
Sri Lanka's school dropouts rising after economic crisis-survey 

Children in Sri Lanka forced to leave school due to economic crisis

Sri Lanka President calls for steady national policies

Opens phama laboratory

Sri Lanka invites more investments, tourists from China

Hi-tech Chinese companies should invest in Sri Lanka and more tourists could also visit the island now that the sector h...

December 10, 2019 2 min read

Sri Lanka tourist arrivals to recover by end of winter season: CB Deputy Governor

Sri Lanka's tourist arrivals are expected to fully recover from the setbacks after the Easter Sunday attacks by the end ...

December 10, 2019 1 min read

Only 1.7-pct of Sri Lanka's farming population has formal training: Survey

Among Sri Lanka's population engaged in farming, only 1.7 percent had reported they had received formal training in thei...

December 9, 2019 2 min read
1

Sri Lanka orders imported milk powder price cut after tax reduction

The regulated prices of 1 kilogram and 400 gram packets of imported milk powder will be reduced, effective from Monday, ...

December 9, 2019 1 min read

Farming at 40-pct of Sri Lanka households, many members in other occupations

Around 40 percent of Sri Lanka's 5.2 million households were engaged in growing crops or livestock and about 32 percent ...

December 9, 2019 1 min read

Used CFL mercury piled up in Sri Lanka with tight regulations: report

A bulb maker which set up a re-cycling unit to safely dispose compact fluorescent lights (CFL) has been left with severa...

December 8, 2019 3 min read

Sri Lanka's Caroline Jurie crowned Mrs World at pageant in US

Caroline Jurie from Sri Lanka has been crowned Mrs World at a pageant held in Las Vegas USA on December 06, more than t...

December 7, 2019 1 min read
4

Sri Lanka's Hatch to launch US$3-5mn fund for startups to find early clients

Hatch, a Sri Lankan co-working space, will launch a 3-5 million US dollar fund named MESH to help startups find their ea...

December 6, 2019 2 min read
2

Sri Lanka halts import of spices, vesak lanterns, joss sticks

Sri Lanka has issued regulations controlling the imports of spices, vesak lanterns and joss-sticks from midnight last ni...

December 6, 2019 1 min read

Sri Lanka scraps licences for transport of sand, clay and gravel

Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.

December 5, 2019 1 min read
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US Dollar 290.6745 289.8986
UK Pound 358.1710 357.3274
Euro 309.9647 310.0947
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today yesterday
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Source: Central Bank/Indicative

Sri Lanka tourist arrivals recover to a 9.5-pct fall in Nov

Sri Lanka's tourist arrivals were down 9.5 percent from a year earlier to 244,239 in November 2019, recovering from a 70...

December 5, 2019 1 min read

HSBC, IUCN to study on sustainability in Sri Lanka apparel sector

HSBC Sri Lanka, in partnership with the International Union for Conservation of Nature (IUCN), have begun a study to pla...

December 4, 2019 2 min read

Sri Lanka plans fabric processing zone in East, targets China

Sri Lanka's apparel industry is planning a fabric processing park in Eravur, Batticaloa in the East of the island, to dr...

Tania Madies
December 4, 2019 2 min read

Sri Lanka to draw foreign capital into infrastructure via BOT projects: Minister

Sri Lanka is looking to structure build operate transfer style agreements to bring foreign investments into expressways ...

December 3, 2019 1 min read

O/L candidates not affected by adverse weather so far – DMC

There have been no reports of G. C. E O/L Examination candidates being affected by adverse weather thus far, the DMC Ass...

Nisali De Silva
December 2, 2019 1 min read

Sri Lanka coconut auction prices sharply up in November

Prices at coconut auctions in Sri Lanka's capital Colombo had picked up sharply in November, amid seasonally weaker prod...

December 2, 2019 1 min read
1

Sri Lanka to sell rice stocks at controlled prices through state retail outlets

Sri Lanka’s Finance Ministry said paddy stocks stored in government warehouses will be milled and sold through state-o...

November 28, 2019 1 min read

Sri Lanka tax cuts to boost growth amid concerns: report

A host of tax cuts by Sri Lanka's new government will provide an immediate boost to economic growth and corporate profit...

November 28, 2019 2 min read

Sri Lanka food industries should disclose risks promptly: Health official

Food industries should disclose any risks or hazards they encounter promptly to prevent bigger problems and loss of trus...

Chanka Jayasinghe
November 27, 2019 2 min read

Australian mineral sands firm increases Sri Lanka deposits with acquisition

Australian mineral sands miner Titanium Sands Ltd. will increase its resource base in Sri Lanka with shareholder approva...

November 26, 2019 1 min read