China-SL bilateral trade in 2018 exceeds 405 billion USD

The value of bilateral trade in 2018 between China and Sri Lanka has exceeded 405 billion U.S dollars. Yang Zuoyuan, Commercial Counsellor of the Embassy...

CNN’s Richard Quest among speakers at Colombo summit

Recognizing the need to uplift Sri Lanka’s travel industry in the wake of 4/20, Cinnamon Hotels & Resorts is set to host the third...

Industry experts call for shift in policy focus

Land scarcity, increasing land prices, and high population density are all decisive factors arguing for condominiums as the solution to Colombo’s growing housing problem. In...

Ukrainian low-cost air carrier seeks to fly to Sri Lanka

Ukrainian-based SkyUp Airlines, a low-cost air carrier, which belongs to SkyUp LLC, plans to launch flights from Ukraine's capital city of Kyiv to Sri...

Hunting for income in a world of falling bond yields

By Manpreet Gill About USD 13 trillion worth of bonds in the global marketplace now offer a negative yield. Perhaps most starkly, a rising number...

ADB’s first loan for Sri Lanka’s railway sector approved

The Asian Development Bank (ADB) has approved a $160 million loan to modernize the operations and improve the efficiency of Sri Lanka Railways, the...

Alice G. Wells and AmCham discuss US-Sri Lanka trade

The American Chamber of Commerce in Sri Lanka held a roundtable discussion with Acting Assistant Secretary, Bureau of South and Central Asian Affairs Alice...

Sri Lanka Economic Summit to focus on key proposals and reforms

The Ceylon Chamber of Commerce will be organizing the country’s foremost economic event, the Sri Lanka Economic Summit (SLES) 2019 on 17-18 September, at...

RIU concludes yet another International Investor Forum in the U.K

Research Intelligence Unit (RIU) successfully concluded its prestigious investor forum in the U.K. in association with the Sri Lankan High Commission in London. Under the...

Sri Lanka sees potential in collaborating with India in textile sector

Sri Lanka sees a potential to further strengthen the collaboration in the textile sector with India. The India International Textiles Expo (IITExpo) -Exhibition cum Buyer...

Sri Lanka to host prestigious event in global financial markets calendar

The Sri Lanka Forex Association (SLFA) will host the most prestigious event in the global financial markets calendar, the 58th ACI Financial Markets Association...

Major entertainment park in Sri Lanka with Ferris Wheel ready next year

A major entertainment park with a Ferris Wheel is to begin construction and be ready by next year. Fantasy Island (Private) Limited announced today that...

China’s Sinopec sets up fuel oil unit in Sri Lanka

China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as...

Sharjah Chamber highlights trade, investment relations with Sri Lanka

The Sharjah Chamber of Commerce and Industry (SCCI) organised on Tuesday the UAE Sri Lanka Forum to promote investment opportunities available in Sri Lanka...

Sri Lanka makes push to recapture Chinese tourism market

Sri Lanka is making an aggressive push to recapture the Chinese tourist market. Just days after inviting several Chinese journalists to visit the country, Sri...

IMF says market conditions in Sri Lanka normalising

The International Monetary Fund (IMF) says market conditions in Sri Lanka are normalising. Camilla Andersen, Assistant Director at the IMF Communications Department said in response...

Sri Lanka raises US$2.0bn from sovereign bonds

Sri Lanka has raised 2.0 billion US dollars from 5 and 10 year sovereign bonds issued yesterday, the Central Bank of Sri Lanka said...

Moody’s assigns B2 rating to Sri Lanka’s proposed senior unsecured US dollar bonds

Moody's Investors Service ("Moody's") has today assigned a B2 rating to the Government of Sri Lanka's proposed senior unsecured US dollar-denominated bonds. The rating is...

SLTPB digital campaign bears fruit

The Sri Lanka Tourism Promotion Bureau (SLTPB) is evaluating the impact of its digital campaign launched recently in the UK and France. The evaluation...

Moody’s says Sri Lanka faces stiff challenges to refinance large debt

Moody's Investors Service says that Sri Lanka (B2 stable) faces numerous domestic and external obstacles that will pose challenges to the Government's ability to...