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...

High-powered delegation to arrive in Sri Lanka from Qingdao

Sri Lanka is set to host a high powered business delegation from Qingdao city of China on the 15th of May 2015. The Sri...

Switzerland, Bahrain and Croatia wants to enhance commercial ties with Sri Lanka

Envoys of Switzerland, Bahrain and Croatia held discussions with the Ceylon Chamber of Commerce recently to find out ways and means of exploring trade,...

Supported by the European Union, IFC and SLID help small businesses improve business practices

IFC, a member of the World Bank Group, has partnered with the Sri Lanka Institute of Directors (SLID) to promote improved corporate and ethical...

IMF gives thumbs up to Sri Lanka

The International Monetary Fund (IMF) have welcomed Sri Lanka’s recent favorable economic performance, including robust growth, low inflation, and a narrowing of the current...

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...

Etisalat may buy Airtel Sri Lanka

Bharti Airtel, the world's fourth largest telecom operator by subscribers, is in advanced discussions to sell off its Sri Lankan operations to Abu Dhabi's...

Dufry signs deal with Mattala

Dufry ( a global duty free company with operations in 45 countries) has signed a master concessionaire agreement to operate duty free shops at Mattala...

Cap on penal interest rates

The Central Bank today announced that a cap will be placed on penal interest rates charged by banks, finance companies and leasing companies. The Central...

Moody’s hails Lanka’s policy

Moody's Investors Service says that the policies of the government have stabilized Sri Lanka's (B1 stable) overall credit profile, although benefits from the post-civil...

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...

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...