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Sunday March 26th, 2023

Sri Lanka exports soar 12-pct, banks limit overseas credit card transactions

The August 2021 is slightly up from the pre-COVID19 pandemic export earnings in August 2019

September 22, 2021 3 min read

SriLankan to operate flights from Mattala airport after concessions

Sumanasekara said going forward, a few more scheduled flights will be operational from Mattala.

September 22, 2021 2 min read

Sri Lanka tea output, export earnings could fall 25-pct over fertilizer ban: industry group

Tea production could fall as much as 25 percent within six months

September 21, 2021 3 min read

Sri Lanka money printing hits cable maker raw materials

Will result in a short supply of materials very soon

September 20, 2021 2 min read
Sri Lanka to benefit from access to UK's new trading scheme: high commissioner

"It will also simplify some season tariffs, meaning additional and simpler access for Sri Lanka's exports to the UK."

Sri Lanka to launch new weekend long-distance train and bus service

Two test runs have been completed, he said.

Millennium Housing to build 400 houses in three locations in Sri Lanka

Sri Lanka's Millennium Housing Developers Plc said it was planning 400 houses in three locations as there was unfulfill...

September 12, 2019 1 min read

Safran Singapore wins Sri Lanka Airbus landing gear contract

Safran Landing Systems Services Singapore has won a deal to repair landing gear of Airbus A330-220 aircraft operated b...

September 11, 2019 1 min read

Arugam Bay World Surf League event shows Sri Lanka a safe destination: Officials

Sri Lanka will host a men's qualifying series competition of the World Surf League at Arugam Bay with over a 125 surfers...

September 11, 2019 2 min read

Enterprise Sri Lanka in Jaffna draw large crowds

An exhibition to promote entrepreneurs has drawn over 300,000 visitors and there was strong interest in loans to mechani...

September 10, 2019 1 min read

Appointment of 4,286 teachers violates recruitment procedures – Ceylon Teachers’ Union

The Ceylon Teachers’ Union said today (09) that an allegedly improper appointment of National Education College (NEC) ...

September 9, 2019 1 min read

Japanese packaging firm to set up plant in Sri Lanka

Japan’s Sugano Packing Materials Co., Ltd., is to set up a plant in Sri Lanka to make flexible packaging that will be ...

September 9, 2019 1 min read

90% of vocational training courses free of charge – Deputy Minister

Some 90 per cent of vocational training courses are conducted free of charge at present, Vocational Training Deputy Mini...

September 9, 2019 1 min read

Sri Lanka approves hotels with investments of US$23.3mn in June

Sri Lanka's tourism regulator has approved 16 new hotel projects worth 23.30 million US dollars in the second quarter of...

September 9, 2019 1 min read

Softlogic Life wins top award at Sri Lanka's Effies 2019

Softlogic Life Insurance Plc, has won the gold award for 'brand of the year' at the 2019 Effie Advertising awards in Sr...

September 8, 2019 2 min read

Sri Lanka’s Odel lobbying for lower import duties, to lure tourists

Sri Lankan retailer Odel is lobbying the government to reduce import duties and help make the island an attractive shopp...

September 6, 2019 2 min read
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UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
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3-m bill 26.95 28.13
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8-yr bond 24.73 24.73
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
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Source: Central Bank/Indicative

Warehousing profits help Sri Lanka’s Asia Siyaka offset brokerage decline

Improved use of its warehousing, which was doubled in recent years, has helped Sri Lanka’s Asia Siyaka Commodities off...

September 6, 2019 2 min read

Tariffs push some US firms to exit China for Sri Lanka, Bangladesh

As fresh US tariffs on Chinese imports kick in, Illinois-based phone accessories manufacturer Ben Buttolph has been urge...

September 5, 2019 4 min read

Sri Lanka’s Harry Jayawardena calls for milk imports curbs

Sri Lanka should restrict imports of milk powder and dairy products as the island was cable of meeting most of its needs...

September 5, 2019 2 min read

Sri Lanka's tourist fall slows in August, Indian arrivals surge

Sri Lanka's tourist arrivals were down 28 percent from a year earlier to 143,587, but had recovered from a 46 percent fa...

September 5, 2019 1 min read

Sri Lanka Mahaweli Coconut forecasts lower crop after drought

Mahaweli Coconut Plantations Limited said its crop rose sharply last year after good rains with yields far higher than t...

September 5, 2019 2 min read

Sri Lanka hosts Ashara Mubaraka for 21,000 Dawoodi Bohras

Sri Lanka's is hosting an annual gathering of the global Dawoodi Bohra community, which was started with a ceremony at a...

September 5, 2019 2 min read

Sri Lanka to tighten controls on private higher education

Sri Lanka is drawing up laws to tighten controls on private higher education, the state information office said.

September 4, 2019 1 min read

Sri Lanka to call investors for convention hotel, hospital on China reclaimed land

Sri Lanka is to call proposals for investors to build a hotel, convention centre, hospital and international school in ...

September 4, 2019 1 min read

Land prices in Sri Lanka’s Colombo district up 13.6-pct in 2019 first half

Land prices in Sri Lanka’s Colombo district, where the capital is, rose over 13 percent in the first half of 2019 from...

September 3, 2019 1 min read

Easter Sunday attacks leave Sri Lanka east coast peak tourism season in tatters

Hotels on Sri Lanka's east coast which has its peak tourism season from May through September was hit even worse from th...

Mahadiya Hamza
September 3, 2019 3 min read