Sri Lanka’s first social impact fund launched

Two Memoranda of Understanding were signed today in New York, launching Sri Lanka’s first social impact funds aimed at supporting social entrepreneurs access innovative...

Stock Market continues encouraging performance in 2017

The Sri Lankan stock market has continued what has been an encouraging year in 2017, where both market indices continue to record positive returns....

SriLankan signs Airbus deal

During the Paris Air Show held today (Wednesday), SriLankan Airlines announced it had signed a memorandum of understanding in preparation for an order for...

IOC, Ceylon Petroleum set to form JV

Indian Oil Corporation (IOC) and Ceylon Petroleum Corporation (CPC) are set to form a joint venture (JV) for taking up various initiatives in the...

Abans to build largest mall in Lanka

A Sri Lankan company is planning to build the largest mall in the post-war country, in an effort to cash in on a booming...

Microsoft Windows 8 makes its debut in Sri Lanka

Microsoft Technology Roadshow, an event to showcase the latest in technological innovations that’s sweeping the world, was used as the platform on which the...

ADB expects strong growth in Lanka

The Asian Development Bank (ADB) says  Sri Lanka will continue to grow strongly this year while other parts of the region will see softer than...

India announces greater market access for Sri Lanka in Garment Sector

The Government of India has accepted the Sri Lankan request for relaxation in the requirement of fabric sourcing for 5 million pieces of Ready...

Malaysia Airlines increases Colombo-Kuala Lumpur service

Malaysia Airlines, the national carrier of Malaysia, providing daily direct connections between Colombo and the Malaysian capital of Kuala Lumpur, is introducing 3 daytime...

Embassy of Sri Lanka in Beijing connects with Fliggy Online Visa

The Embassy of Sri Lanka in Beijing was invited by Alibaba Group to attend the launching ceremony of Fliggy Online Visa Centre on 29th January...

Carlsberg FY16 results hit by Sri Lanka floods

Carlsberg Brewery Malaysia Bhd’s net profit for the fourth quarter ended Dec 31, 2016 fell 36.81% to RM47.07 million from RM74.48 million a year...

Sri Lanka–Turkey trade talks resume in Ankara

As bilateral trade surged by more than 130%, trade talks between Turkey and Sri Lanka re-opened on 11 November in Ankara-after 26 years. Turkey...

IFAD and Sri Lanka sign financial deal on SAP

The International Fund for Agricultural Development (IFAD) and the Government of Sri Lanka signed a Financial Agreement for the implementation of the Smallholder Agribusiness...

Google launches new search experience for job seekers in Sri Lanka

Google has unveiled a new search experience making it easier for job seekers in the region, including in Sri Lanka, to find employment opportunities...

Maruti to decide on starting assembly unit in Sri Lanka

India's largest car maker Maruti Suzuki India (MSIL) will take a final decision on setting up an assembly unit in Sri Lanka by the...

TEA makes push to liberalize tea imports

The proposal for liberalization of tea imports has been debated for over 15 years without any decision. The Tea Exporters Association (TEA) request for...

SilkAir Launches Flights to Colombo, Sri Lanka

SilkAir has launched thrice-weekly flights to Colombo, Sri Lanka. The flights to Colombo are scheduled on Wednesdays, Thursdays and Saturdays. The flights will be operated with...

Bahrain, Sri Lanka discuss economic relations

Industry, Commerce and Tourism Minister Zayed Al-Zayani today received Minister of Industry and Commerce of Sri Lanka, Risad Badhiutheen, and reviewed topics of joint...

AmCham appoints new Board of Directors for 2018/2019

The 26th Annual General Meeting of the American Chamber of Commerce in Sri Lanka (AmCham) was held in September at the Hilton Colombo Residences,...

Risk-based capital adequacy requirement by CSE

The Colombo Stock Exchange (CSE) is in the process of implementing a Risk-based Capital Adequacy Requirement to all Stockbroker Firms who are Members/Trading Members...