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Saturday June 3rd, 2023
Business

Omicron variant: Sri Lanka to ban inbound travellers from six African countries

The ban will go into effect from 0000hours on November 28.

November 27, 2021 1 min read

Sri Lanka opens Japan-funded 'Golden Gate Kalyani' bridge

The total cost for the project is 55,000 million rupees, according to the president’s media division (PMD).

November 25, 2021 2 min read

Stax gets investment from Blue Point Capital partners

Its clients included global private equity (PE) firms, global and local corporates

November 25, 2021 2 min read

Sri Lanka agriculture minister removes official who lifted Glyphosate ban

The minister said the gazette has been revoked and the ban on Glyphosate continues.

November 23, 2021 1 min read
Sri Lanka revises down 2022 tourism target to 800,000

Tourism authorities had anticipated one million arrivals generating a revenue of 1.8 billion dollars.

Sri Lanka considers uninterrupted power supply for tourism sector after 11-month low arrivals

September tourist arrivals have plunged to lowest in 11 months.

Sri Lanka's Expolanka in Rs830mn Sept quarter loss

Sri Lankan logistics group Expolanka Holdings lost 830 million rupees in the September 2019 quarter compared with a prof...

November 7, 2019 1 min read

Sri Lanka to launch tourism campaigns in 12 countries starting mid-December

The state-run Sri Lanka Tourism Promotions Bureau will begin launching tourism marketing campaigns totaling 1.2 billion ...

November 7, 2019 2 min read

Costa Cruises begins Indian Ocean fortnightly cruises to Sri Lanka

Italy-based Costa Cruises has kicked of the first of a series of fortnightly cruises to Western India, Maldives and Colo...

November 7, 2019 1 min read

Sri Lanka tourist arrivals fall 22.5-pct in Oct, growth in Russian market

Tourist arrivals to Sri Lanka fell 22.5 percent in October 2018 from a year earlier to 118,743 persons, as the country c...

November 7, 2019 2 min read

Sri Lanka's draft data protection and privacy laws should not hamper markets, innovation: IPS

Sri Lanka's draft privacy and data protection laws, while important, should not place unnecessary burdens on businesses ...

November 6, 2019 3 min read

Maldives resort chain to run new US$35mn 5-star hotel in Sri Lanka

A Maldivian resort chain is to manage a five-star hotel to be built in Sri Lanka's southern Tangalle region with an inve...

November 6, 2019 1 min read

IFC to fund training for higher female participation in Sri Lanka's retail supply chains

The International Finance Corporation (IFC), a part of the World Bank Group, said it will be funding a 478,149 US dolla...

November 5, 2019 1 min read

Sri Lanka's Serendib Hotels loss widens in Sept quarter

Losses at Sri Lanka’s Serendib Hotels group widened to 70 million rupees in the September 2019 quarter from a year ago...

November 5, 2019 2 min read

Sri Lanka's Kingsbury hotel revamps after bomb damage

Sri Lanka’s The Kingsbury hotel, damaged in the Easter Sunday bombings, said it is revamping restaurants which will be...

November 5, 2019 1 min read

Sri Lanka's Dipped Products Sept quarter net up 51-pct

Sri Lankan rubber gloves maker Dipped Products' net profit rose 51 percent to 231 million rupees in the September 2019 q...

November 5, 2019 2 min read
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Gota eliminating Z-score jeopardizes students future

Prime Minister Ranil Wickremesinghe says Gotabaya Rajapaksa's proposal to eliminate the Z-score will jeopardize the futu...

Imesh Ranasinghe
November 4, 2019 2 min read

Private universities will continue under strict regulation - AKD

Presidential hopeful Anura Kumara Dissanayake says, under his leadership, private universities will continue under stric...

Nisali De Silva & Himal Kotelawala
November 4, 2019 4 min read

Sri Lanka to regulate imports of taps, bath fittings

Sri Lanka is planning to bring regulations on water faucets and to improve quality, the government has said, though high...

November 2, 2019 1 min read

Sri Lanka eyes BOOT projects to bring private capital to highways

Sri Lanka is eyeing public private partnerships on a built own operate transfer (BOOT) mode with gap funding from the go...

November 1, 2019 2 min read

Iluka team returns to Sri Lanka for talks on illmenite mining

A team from Australian mineral sands miner Iluka Resources Ltd. has returned to Sri Lankan to resume talks on an ilmenit...

October 31, 2019 1 min read

Sri Lanka’s Ceylon Chamber wants zero tolerance of divisive practices, pvt sector monitoring

Sri Lanka's main business chamber wants the private sector monitor government program implementation and zero tolerance ...

October 30, 2019 6 min read

ICRA Lanka reaffirms Access Engineering at [SL]A+

ICRA Lanka Limited, a ratings agency, reaffirmed Access Engineering's [SL]A+ rating with a stable outlook due to the con...

October 30, 2019 10 min read

Kaizen Private Equity to invest in education firms in Sri Lanka: ADB

Kaizen Private Equity II Pte. Ltd. a 79 million US dollar private equity fund, will be investing in eight education busi...

October 30, 2019 2 min read

Sri Lanka names organic farming zone off Kalu-Moragahakanda project

Farmland opened by a new irrigation projects in Sri Lanka below a montane forest reserve has been named an exclusive org...

October 30, 2019 1 min read

Sri Lanka gives deed of reclaimed land to China firm

Sri Lanka's President Maithripala Sirisena handed over the deed for to a lease of land reclaimed by a Chinese company to...

October 30, 2019 1 min read