Business

Visiting Pakistani Foreign Secretary Tehmina Janjua yesterday assured Sri Lanka of Pakistan’s continued support while promising assistance in...

  Oct 18, 2017        2

Colombo Stock Exchange said it will rename the default board as ’Watch List’ with effect from January 2018 in line with the new enforcement...

  Oct 17, 2017        2

Fitch Ratings expects Sri Lanka’s hotels sector to face price competition from the growing informal sector and alternative accommodation models,...

  Oct 17, 2017        4

Sri Lanka’s central bank doesn’t see any pressure to tighten policy even as inflation accelerates on the back of a severe drought and poor weather...

  Oct 16, 2017        2

The Kaluganga development project is currently being implemented by the Ministry of Mahaweli Development and Environment with the financial...

  Oct 16, 2017        2

government has taken steps to create 100 Wi-Fi zones in the Colombo city as a first step of the island wide program of providing free Wi-Fi.

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  Oct 13, 2017        3

 Sri Lanka’s Finance Minister said that the 2018 budget is aimed at creating a robust, flourishing and modern economy and will focus on a start –...

  Oct 13, 2017        3

In a major boost to streamline trade, Sri Lanka Customs will allow custom clearances to go paperless from next year, with the implementation of a...

  Oct 11, 2017        2

The World Bank, one of the biggest supporters of Sri Lanka, has called for fast-tracking of reforms, better governance and a balance Budget if the...

  Oct 10, 2017        3

Bavarian Motors Ltd, a company primarily involved in the importation and sale of luxury BMW vehicles, has instituted Intellectual Property action...

  Oct 09, 2017        5

Netflix has raised prices in countries including the UK and US for the first time in two years.

The streaming video service will also...

  Oct 06, 2017        2

Reuters: Sri Lanka has blocked a proposal by Chinese firms bidding to build the island’s biggest oil refinery to sell fuel locally, fearing a...

  Oct 05, 2017        5

The redesigned underground pipeline to transport aviation fuel from the Muthurajawela storage facility to the Bandaranaike International Airport (...

  Oct 04, 2017        8

The Asian Development Bank’s Board of Directors has approved financing of up to 900 million dollars for a program that will upgrade Sri Lanka’s...

  Oct 03, 2017        4

Nissan will recall 1.2 million vehicles in Japan after regulators said safety checks did not meet domestic requirements.

Nissan shares fell...

  Oct 03, 2017        2

U.S. crude traded at 51 dollars and 65 cents a barrel, while global benchmark, Brent crude for December delivery, traded at 56 dollars and 73...

  Oct 02, 2017        2

Sri Lanka has slipped to 85th place in the World Economic Forum Global Competitiveness Index released last week, down from 71st place in the...

  Oct 02, 2017        4

Sri Lanka’s Litro Gas has decided to award the contract to construct the gas filling factory of Litro Gas Lanka Company Hambantota to Dockyard...

  Sep 29, 2017        4

Leading private healthcare provider, Hemas Hospitals and laboratory chain launched their unique ‘Upahara” scheme that offers a host of benefits...

  Sep 28, 2017        14

The Asian Development Bank announced yesterday that it has approved a 50 million Dollar loan to aid the funding of rooftop solar power generation...

  Sep 28, 2017        3

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