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Thursday June 8th, 2023

Sri Lanka radio, tv spectrum auctions for new stations: Finance Minister

Financial viability and security aspects will be used for pre-qualification

November 17, 2021 1 min read

Sri Lanka to open schools for all grades as doctors warn of increasing screen addiction

“Contrary to what many seem to think, we have taken a decision not to close schools again," the official said.

November 15, 2021 3 min read

Sri Lanka's NDB net up 24-pct in September quarter before windfall tax

Net Profits at Sri Lanka’s NDB Bank grew 24 percent to 1.8 billion rupees in the September 2021

November 15, 2021 2 min read

East or West, women-headed startups face obstacles in a man’s world

“Women get more questions about how they manage risk,” entrepreneur Elly Oldenburg

November 14, 2021 6 min read

Fitch confirms Sri Lanka Sierra Cables rating at 'BB+(lka)'

Fitch Ratings said it has confirmed the national long-term rating on Sri Lankan copper and aluminium cable manufacturer ...

October 23, 2019 7 min read

More ADB funding for Sri Lanka tea industry in 2020

The Asian Development Bank (ADB) plans to allocate more money for Sri Lanka's tea industry in its 2020 lending program, ...

October 23, 2019 2 min read

Omega Line in US$24mn Sri Lanka lingerie factory expansion

Italy's Calzedonia group has over 4,600 shops in 42 countries in Europe,

October 22, 2019 1 min read

Flood warning for Kelani River near Sri Lankan capital Colombo

Sri Lanka has issued a flood warning to residents of low lying areas on the Kelani River, which runs north of the capita...

October 22, 2019 1 min read

Sri Lanka likely to get higher rainfall for upcoming cultivation season

Sri Lanka is likely to get higher than normal rainfall, for the upcoming Maha main cultivation season but water levels o...

October 22, 2019 1 min read

Lanka Milk Foods invests US$7mn more in Sri Lanka dairy farm

Lanka Milk Foods said it was investing seven million US dollars more in its dairy farm at Ambewela to increase productio...

October 17, 2019 1 min read

Sri Lanka’s industrial production up 2.5-pct in August 2019

Industrial sector activity in Sri Lanka grew 2.5 percent in August 2019 from a year earlier, with a growth in manufactur...

October 17, 2019 1 min read

Travel Agents Association of India confab in Sri Lanka in solidarity

The Travel Agents Association of India (TAAI) will hold its annual convention in November in Sri Lanka to express solida...

October 16, 2019 1 min read

UberEats expands Sri Lanka restaurant sales, female job opportunities

Says over three million orders delivered over the past year

Tania Madies
October 16, 2019 2 min read

Sri Lanka's Kandy city to get new US$5.2mn 5-star hotel

Sri Lanka's investment promotion agency has approved building of a five-star hotel in the central hill country city of K...

October 9, 2019 1 min read
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Sri Lanka tourist drivers boost skills with training academy

Sri Lanka's tourist drivers have set up a training academy and are conducting regular programs to upgrade skills and cus...

October 9, 2019 2 min read

AmSafe Bridport expands Sri Lanka factory with US$2.3mn investment

AmSafe Bridport (Pvt) Ltd., an American firm making cargo pallet nets and other gear for aircraft, has expanded its fact...

October 8, 2019 2 min read

Indocean Developers borrows US$25mn to finish Sri Lanka's Altair high-rise

Indocean Developers has borrowed 25 million US dollars (4.5 billion rupees) from three Sri Lankan banks to finish its Al...

October 8, 2019 2 min read

Sri Lanka rice surplus for 2019 lowered to 428,000MT

Sri Lanka is heading for a rice surplus of over 428,000 metric tonnes, a lower than the an earlier projection of 535,000...

October 8, 2019 2 min read

Sri Lanka tourist arrivals down 27-pct in September

Sri Lanka's tourist arrivals were down 27 percent from a year earlier to 108,575 in September 2019, recovering from a fa...

October 6, 2019 1 min read

Sri Lanka construction firms seek Africa business in Addis Ababa

Construction companies from Sri Lanka that took part in an international exhibition in Ethiopia had an opportunity to f...

October 5, 2019 1 min read

Baili Investments gets land for Sri Lanka property project

Baili Investments Lanka (Pvt) Ltd, will get state land for a mixed development project in Rajagiriya for a mixed develop...

October 5, 2019 1 min read

Sri Lanka puts Ayurveda, Hela Osu under international spotlight

Sri Lanka is hosting an international conference on Ayurveda, a traditional South Asian medical system and the island's ...

October 4, 2019 1 min read

Incentives for rubber, sequestration plantations in Sri Lanka energy policy

A new energy policy for Sri Lanka has suggested incentives to expand rubber cultivation which can be used for fuelwood ...

October 3, 2019 1 min read

Preschools to be free under Sajith

Presidential hopeful Sajith Premadasa promised today to reform preschool education, address malnutrition and revitalise ...

October 1, 2019 3 min read