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...

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...

Executive Coach to Steve Jobs to coach in Sri Lanka in June

After the unprecedented success arising from ‘Ron Kaufman Live in Sri Lanka’ in 2017, SLIM signed an MOU with the best-selling author and coach...

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...

Allianz completes Janashakthi General Insurance acquisition

Allianz announced today that the company has completed its acquisition of Janashakthi General Insurance Limited, after receiving all the necessary regulatory approvals. This transaction brings together...

Singaporean companies exploring investments in Sri Lanka

The Singapore Business Mission to Sri Lanka organized by the Singapore Business Federation (SBF) together with International Enterprise Singapore (IES) and Singapore Indian Chamber...

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...

US trade official holds talks with US businesses in Sri Lanka

A US trade official had talks in Colombo today with American businesses operating in Sri Lanka. AMCHAM hosted James Golsen, Executive Director, Asia, International Trade Administration, U.S....

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...

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...

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...

Sri Lanka promotes homestay operators with loan scheme

The Sri Lanka Tourism Development Authority (SLTDA) announced the launch of a loan scheme for homestay operators across the country, in line with the...

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...

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....

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...

Sri Lanka rupee hits new record low of 161.00 vs USD

Sri Lanka’s stock and money markets got off to a slow start Monday with rupee dropping to a new low of 161.00 against the...

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...

Sri Lanka denies reports economy at risk of exchange rate crisis

Sri Lanka has denied reports its economy is at a risk of an exchange rate crisis. The Central Bank of Sri Lanka (CBSL) said in...

All Share Price Index plummets below 6,000 points

The All Share Price Index (ASPI) of the Colombo Stock Exchange fell below 6,000 points today for the first time in 18 months. According to the...

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...