Sri Lanka looks for investments from China

The Sri Lankan government said that it has ratified agreements that will help secure investments from rapidly growing China and India. Sri Lanka’s Foreign Minister...

UAE, Lanka promote MEASA investments

Essa Kazim, governor of Dubai International Financial Centre, or DIFC, welcomed a high-profile Sri Lankan delegation led by Finance Minister, Ravi Karunanayake. The discussions...

Duty changes hit growth in Maruti’s exports to Sri Lanka

Maruti Suzuki’s exports to Sri Lanka, the biggest foreign market for it last year, are losing pace, thanks to an increase in import duty...

TRC to introduce common floor rates for call charges

Sri Lanka's telecommunications regulator will introduce common floor rates for call charges effective February 1st to ensure small operators remain competitive, Reuters quoted an...

Youtube launches local version for Sri Lanka users

Youtube has introduced a new version for Pakistan, Nepal and Sri Lanka youtube users,  Pop Herald reported. "We aim to provide an, even more, tailored...

Mobile boom expected in SAARC region

SAARC population is expected to raise from 1.7 billion in 2014 to 1.9 billion in 2018, with mobile penetration reaching to 208% of population...

No dire need of emergency funding says CB

Sri Lanka is in no dire need of emergency funding as the country’s economy fared well in 2015 with reserves on a sound footing,...

Sri Lanka eager to invest in Punjab power plants

Sri Lanka has discussed the possibility in investing on small scale hydro power plants in Punjab, Pakistan during a visit by a three member...

Aegis wins two-year call centre contract from Hutch

Aegis, the business process management (BPM) arm of the diversified Essar Group, has won a contract from Hutch Sri Lanka to provide call centre...

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...

Chinese to seek investment opportunities

A high level business delegation is to visit Sri Lanka this month to seek investment opportunities in the country, Sri Lanka’s main trade body...

Fonterra back on track in Sri Lanka

Fonterra's Sri Lanka business has fully recovered after a 2013 food safety scare sparked public protests and forced the temporary closure of its operations...

Bangladesh to sign FTA with Sri Lanka soon

Bangladesh will ‘soon’ sign a free trade agreement (FTA) with Sri Lanka to reduce trade barriers, Bangladesh Commerce Minister Tofail Ahmed has said. All formalities...

Government launches 10 year sovereign bond

Sri Lanka is selling global bonds for the second time this year as the government faces a wider budget deficit and a weaker currency,...

Falck Sri Lanka closes down

Falck, the globally acclaimed Emergency Medical Services Company and by far the largest, commenced operations in Sri Lanka in January 2013, introducing internationally standardized...

Sri Lanka Chamber and Beijing Chamber to promote trade ties

Sri Lanka’s main trade body, the Ceylon Chamber of Commerce and the Beijing Chamber of International Commerce on Monday signed a Memorandum of Understanding...

Bharti Airtel becomes third largest mobile operator in the world

Bharti Airtel, a leading telecommunications service provider with operations in 20 countries across South Asia and Africa, on Tuesday said that it has become...

Airtel Lanka, first telecom to be ISO 27001:2013 certified

Bharti Airtel Lanka became the first telecom organization in Sri Lanka so far to be ISO 27001:2013 certified within a period of six years...

EAP Broadcasting Company (EBC) announces Rs. 3 billion listed debenture issue

EAP Broadcasting Company Ltd, a member of the EAP Group of Companies, has announced that it intends to issue listed, rated redeemable debentures  worth...

Shangri-La launches 500mn US dollar luxury apartments and office complex project in Colombo

Hong Kong based Shangri La Hotels and Resorts, a property developer and hotel group launches 500 million US dollars of exclusive residences, office and...