Dumith Fernando elected to the CSE Board

The Colombo Stock Exchange (CSE) announced the appointment of Dumith Fernando as a Director of the CSE Board. Fernando was elected to the position...

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...

Germany’s Hannover ready to promote Sri Lanka

Upcoming business and investment opportunities in Sri Lanka received much attention during Ambassador Amunugama's recent meetings with Dr. Christian Hinsch, the Chief Executive Officer of...

No impact on economy from Gulf crisis

The Sri Lankan economy has not faced any negative impact so far from the crisis in the Gulf region. The Government says it closely monitoring...

SEA’s hospitality leaders to gather in Colombo

The South East Asia Hotel & Tourism Investment Conference (AHTIC), a top-level gathering of international investors, business leaders, government ministers and officials will return...

IMF warns US, China pose risk to Asian economy

A lack of clarity about the size of an expected U.S. fiscal stimulus and China's rapid domestic credit growth are among risks that cloud...

Exporters face challenges despite GSP plus

Local exporters say they are facing many challenges and are unable to reap the benefits of the much awaited GSP plus scheme from the...

New policy to negotiate trade deals

Sri Lanka on Thursday announced a new trade policy to negotiate international trade agreements. The Ministry of Development Strategies and International Trade headed by Malik...

Lanka in unofficial talks with UK on exports

The Government has initiated unofficial discussions with the United Kingdom with regard to exports post Brexit. Dr. Harsha de Silva, Deputy Minister of Foreign Affairs...

Sri Lanka to promote trade with China’s Guangxi

Sri Lanka is to host a forum this week to promote trade with the Guangxi Zhuang Autonomous Region in China, officials said on Sunday. A...

IMF experts study new draft Bill

Legal experts of the International Monetary Fund (IMF) are still analyzing the contents of the new draft bill on the Inland Revenue Act before...

Sri Lanka’s focus on export-driven economy

Sri Lanka said on Tuesday that its location and external relations stand well in supporting an export-driven economy. Governor of Sri Lanka's Central Bank Dr....

Moody’s assigns B1 rating to Sri Lanka’s global bond offering

Moody's Investors Service ("Moody's") has assigned a B1 rating to the Government of Sri Lanka's US dollar bond offering maturing in 2027. The outlook...

Westports keen to participate in Lankan project

Westports Holdings Bhd has confirmed that it is keen to participate in the Hayleys PLC-led consortium bidding to complete the construction of Colombo Port’s...

China may put South Asia on road to debt trap

China’s grandiose global connectivity initiative -- One Belt One Road (OBOR) or Belt& Road Initiative (linking China with Europe via SE Asia & C...

Foreign investors show keen interest

Sri Lanka's stock market, the Colombo Stock Exchange (CSE), has garnered a keen interest among foreign institutional investors, with a surge in foreign activity...

CSE seeks views on Listing Rules of the CSE

The Colombo Stock Exchange (CSE) seeks to obtain the views/observations of the general public and the stakeholders of the CSE, including Listed Companies, regarding...

Payment gateway provider to enter Sri Lanka

Razorpay, a payment gateway solution provider focused on online merchants, plans to go international. It is looking to enter South East Asia and West...

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...

Hilton signs landmark deal

Hilton (HLT) signed six management agreements with Melwa Hotels and Resorts Private Limited to manage three Hilton Hotels and Resorts and three DoubleTree by Hilton properties...