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...

Value of the Sri Lankan Rupee vs USD continues to fall

The value of the Sri Lankan Rupee vs the US Dollar continued to fall today, reaching a record low. The Sri Lankan Rupee fell to...

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...

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...

SriLankan appoints new Group Chief Operating and Finance Officer

Vipula Gunatilleka has been appointed as the Group Chief Operating and Finance Officer of SriLankan Airlines effective 1st August 2018, the Airline said today. Gunatilleka in...

Sri Lankan equities attract interest of wider international audience

Investment flows from the Scandinavian region to the Sri Lankan stock market have made a noteworthy improvement in recent years, where inward investments have...

Bandara Jayathilake, Senior Executive Vice President of SME Banking at Nations Trust Bank speaks...

Elaborating on the Small and Medium Enterprises Sector of Sri Lanka,Senior Executive Vice President – SME Banking at Nations Trust Bank, Bandara Jayathilake discusses...

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...

VAT refund counter to be opened at the Katunayake airport

A VAT refund counter is to be opened at the Katunayake airport, the Ministry of Finance said. The refund counter will allow foreigners leaving Sri Lanka reimburse...

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...

SriLankan Catering posts Rs. 3.9 billion net profit

SriLankan Catering Ltd. has recorded a steady financial performance for the financial year ended 31st March 2018 with a 26% year-on-year growth in operating...

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...

Joint Chambers of Commerce raise concerns

The Chambers of Commerce of Sri Lanka today raised concerns that the current political uncertainty will result in many adverse consequences to the country,...

K-Line vessel makes maiden call at Hambantota Port after signing of TSA

K-Line vessel Hawaiian Highway, a car carrier sailing from Marshall Island, called at the Hambantota Port recently. The vessel carried 1260 cars on board, for...

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...

Sri Lanka National Trade Facilitation Committee visits Australia

Fifteen representatives from Sri Lanka border regulatory agencies, private sector organizations, Chambers of Commerce, and members of the Sri Lanka National Trade Facilitation Committee...

Sri Lanka and Thai trade bodies sign deal to enhance bilateral trade

The Ceylon Chamber of Commerce with a view to build a dependable, pragmatic, and advantageous relationship and to establish friendly and cordial relations between...

Sri Lanka in talks with China to tap panda bond market

Sri Lanka is in talks with China to tap the panda bond market, Central Bank Governor Dr Indrajit Coomaraswamy said. Speaking at a media briefing...

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...