Sri Lanka discusses investment and trade opportunities with diaspora in UK

Sri Lanka discussed investment and trade opportunities with the Sri Lankan diaspora in the UK. The Sri Lanka High Commission in London organized a roundtable...

Over 80% of internet users outside greater Colombo buy online

Over 80% of internet users living outside greater Colombo make purchases online, a study has revealed. These purchases have also proven to be significant, with...

Thomas Cook collapses as last-ditch rescue talks fail

Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. The UK Civil Aviation Authority (CAA) said the tour operator...

New SLTDA chairman assumes duties as tourist arrivals increase

The newly appointed Chairman of the Sri Lanka Tourism Development Authority (SLTDA) and the Sri Lanka Tourism Promotion Bureau (SLTPB), Kishu Gomes, assumed duties at...

Cathay says Sri Lanka traffic strong

Cathay Pacific Airways (0293) said today that performance of India routes was “satisfactory’’ last year, while passenger traffic to Colombo in Sri Lanka “grew...

China to help Sri Lanka increase market for black teas

China has offered to help Sri Lanka improve the market of black teas in China, a Minister said on Thursday. Plantation Industries Minister Navin Dissanayake...

Ceylon Chamber of Commerce welcomes budget

The Ceylon Chamber of Commerce welcomes the Budget 2016 for its measures to boost private investment and promote inclusive economic growth. Budget 2016 has...

Qatar Chamber, Sri Lanka review co-operation in employment

Qatar Chamber and Sri Lanka's Ministry of Foreign Employment held a meeting yesterday to discuss co-operation between the two sides in connection with recruitment...

WSO2 to present workshop in Sri Lanka

WSO2 Technology Executives Will Lead a Workshop on May 16, to Explore Real-World Use Cases for Addressing Top IT Challenges with the WSO2 Carbon...

Japan to issue Sri Lanka commemorative coin

Japan will produce a commemorative coin with a face value of 1,000 Sri Lankan rupees (around ¥600) to mark the 60th anniversary of the...

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...

IMF calls on Sri Lanka to accelerate economic reforms

A staff team from the International Monetary Fund (IMF) led by Manuela Goretti visited Colombo during September 13-27, 2018 to hold discussions on the...

Moody’s says VAT hike will keep IMF program on track

The Moody's rating agency says the amendments to the value added tax (VAT) bill, which will increase the VAT tax rate to 15% from...

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...

Sri Lankan companies interested in Ethiopia

The Sri Lanka Embassy in Addis Ababa, Ethiopia in collaboration with the Ethiopian Chamber of Commerce and Sectoral Associations and the Sri Lanka Export...

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...

CSE records strongest ever start to a year in Foreign Investments

Record breaking foreign investment in the Sri Lankan stock market has continued into 2018, with Rs. 4 billion in net foreign purchases during the...

Sri Lanka to have themed tourism development zones

Sri Lanka today announced plans to attract tourists back to the ‘Pearl of the Indian Ocean’ with the launch of themed tourism development zones,...

Petronas mulls exploring off Sri Lanka shores

PETROLIAM Nasional Bhd (Petronas) is considering oil well explorations off the shores of Sri Lanka, possibly near the Palk Straits and the Mannar Basin...

Sri Lanka inks agreement on avoidance of double taxation with Luxemburg

An Agreement on Avoidance of Double Taxation (DTA) between Sri Lanka and Luxembourg was signed in Luxembourg, the Embassy of Sri Lanka in Brussels said in...