Indian Bank ramping up overseas branches in Sri Lanka

Public sector Indian Bank has undertaken initiatives to increase business at its overseas branches in Sri Lanka and Singapore, a top official has said. "Our operations (in...

A young woman’s guide to a career in Information Technology

By Chinthi Weerasinghe   Sri Lanka continues to rise as a preferred Information Technology (IT) Business Process Management (BPM) destination. Leading names in IT and IT-enabled services...

China involved in almost 40% of Sri Lankan construction projects

Chinese firms are involved in almost 40% of construction projects in Sri Lanka, the Ceylon Institute of Builders (CIoB) said today. President of the Ceylon Institute of...

Sri Lanka Tourism gets to grips with Colombo’s tourism boom

Since 2009, Sri Lanka has witnessed far-reaching development when it comes to the hospitality and travel industry. Consider the fact that there has been a...

Sri Lanka-UAE bilateral trade turnover tops US$ 1.34 billion

The total bilateral trade turnover between Sri Lanka and the UAE has now reached over US$ 1.34 billion, the Consulate General of Sri Lanka to...

SLTDA signs MoU with S4IG to ensure inclusive growth of tourism sector in four...

The Sri Lanka Tourism Development Authority entered into a Memorandum of Understanding with Skills for Inclusive Growth (S4IG), an initiative by the Australian Government’s...

British Prime Minister appoints Trade Envoy for Sri Lanka

British Prime Minister Theresa May has appointed Ranil Jayawardena, MP, as her trade envoy for Sri Lanka. Jayawardena’s role as trade envoy will be to...

Asia Pacific the engine of the global economy

By Shamshad Akhtar   Asia and the Pacific remains the engine of the global economy. It continues to power trade, investment and jobs the world over....

ACCA hosts discussion on BRI and importance to Sri Lanka

The Belt and Road initiative (BRI) is currently one of the largest trade and investment themes and is a huge opportunity for many industries...

85 percent of businesses plan to invest in digital transformation

Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, announced the findings of...

Sri Lanka negotiating “comprehensive” FTA with China

Sri Lanka says it is negotiating comprehensive Free Trade Agreements (FTA) with China and India, Asia Pacific Daily reported. Finance Minister Mangala Samaraweera noted that...

Standard Chartered arranges Sri Lanka’s sovereign bond offering

Standard Chartered acting as a Joint Lead Manager arranged a US$ 2.5 billion International Sovereign Bond Offering on behalf of Sri Lanka. The bank successfully...

Qatar-Sri Lanka trade volume reaches $73 million in 2017

The total trade volume between Qatar and Sri Lanka stood at $73 mn in 2017, according to Qatar Chamber vice chairman Mohamed bin Towar...

Sri Lanka Economic Summit 2018 to be held in September

Sri Lanka's foremost economic event –  “Sri Lanka Economic Summit 2018”, organized by the Ceylon Chamber of Commerce, Sri Lanka’s premier business chamber, is...

Guangxi to host exhibition in Sri Lanka to promote trade

An exhibition is to be staged in Sri Lanka to promote trade between Guangxi, China and Sri Lanka. The exhibition aims to build a platform...

Apartments only 1.7% of Colombo’s living units

Contrary to popular perception, apartments currently account for only 1.7 per cent of Colombo’s residential facilities despite the scarcity of land to cater to...

Finance Minister holds discussion with ADB to expedite projects in Sri Lanka

The Minister of Finance and Media Mangala Samaraweera who is attending the 51st Annual meeting of the ADB in Manila had discussions  with Mr. In-Chang Song an...

Over 100 Chinese companies at Colombo exhibition

Sri Lanka is to host an exhibition next month showcasing products from China, organisers announced. The 3rd edition of the China Products (Colombo, Sri Lanka)...

Trade between Australia and Sri Lanka reaches $1.3 billion

Trade between Australia and Sri Lanka has surged to a record high of A$1.3 billion in 2016-17, on the back of strong growth in...

WCIC begins search for Sri Lankan women entrepreneurs

The Women’s Chamber of Industry and Commerce (WCIC), announced the launch of ‘Woman Entrepreneur of the Year 2017' Awards Ceremony’ at an event held...