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Thursday June 1st, 2023
Business

Sri Lanka's largest saphhire-family corundum found

This is not an aggregate. It is a single stone

December 12, 2021 2 min read

Sri Lanka tea, rubber farms still without agro-chemicals

Additional inputs are also required to mitigate issues such as diseases, pests and weeds

December 10, 2021 2 min read

Sri Lanka exporters optimistic in post-pandemic revival despite cost spike: survey 

Exporters are confident of their business growth but not the overall economy.

December 10, 2021 3 min read

Sri Lanka excessive taxes on telecoms had hit rural connectivity: regulator

Excessively high taxation of Sri Lanka telecom firms in recent years had hurt investment in rural areas

December 9, 2021 5 min read
Sri Lanka hoteliers see high influx of Russian tourists as Aeroflot returns

"We have learned that over 75% of seats have been reserved by now," the AASL said in a statement.

Sri Lanka’s medium grown tea prices fall in September 4th-week sale

Data shows tea prices across all elevations have fallen between 100 to 200 rupees

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
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Conde Nast Traveler readers vote Sri Lanka 4th best to visit

Readers of the upmarket travel publication Conde Nast Traveler have voted Sri Lanka the fourth best country to travel to...

November 26, 2019 1 min read

Sri Lanka's ACL buys 51-pct stake in cable firm for Rs481mn

Sri Lanka's ACL Cables said it plans to buy a 51 percent stake in another cable manufacturing company called Cable Solut...

November 26, 2019 1 min read

Brick export market promising, Sri Lanka ceramic industry told

Sri Lankan ceramic exporters have been told the export market for bricks in industrialised countries is very promising w...

November 26, 2019 1 min read

Sri Lanka cement production picks up

Sri Lanka's domestic cement production has risen 26.6 percent from a year earlier to 2.31 million tonnes in the first se...

November 25, 2019 1 min read

Sri Lanka to bridge knowledge gap in dairy tech with Dutch backing

Sri Lanka is setting up a training center to boost knowledge in dairy farming, backed by the Netherlands, which has one ...

Mahadiya Hamza
November 24, 2019 4 min read

Qualified people to head Sri Lanka SOEs, president says

Only qualified and experienced people will be appointed to head Sri Lanka's statutory bodies and State-Owned Enterprises...

November 22, 2019 1 min read

Sri Lanka’s Softlogic to hive off equity to raise funds for retail expansion

Sri Lanka’s Softlogic Holdings group plans to hive off equity to raise funds in its retail sector which was restructur...

November 22, 2019 1 min read

Sri Lanka's Hurulu eco park major tourist draw, revenue up 6-fold

Sri Lanka's Hurulu Eco park in north-central Habarana has become a major tourist attraction, with foreign visitors and r...

November 22, 2019 2 min read

Sri Lanka tableware industry seeks kaolin mining revival

Sri Lankan ceramic tableware manufacturers are trying to revive kaolin or china clay mining to reduce reliance on import...

November 22, 2019 1 min read

Chemical residue tests for Sri Lanka tea exports in German, Taiwan markets

Sri Lankan tea exporters are facing new hurdles in the form of tough tests for chemical residues in markets like Germany...

November 21, 2019 2 min read