ASPI records biggest single day gain

CNBC to promote Sri Lanka Tourism in goodwill gesture

CNBC, the world?s leading channel for consumer and business news, extended their support to Sri Lanka Tourism by providing USD 100,000 worth of advertising on CNBC, gratis. The complimentary advertising opportunity was offered in an effort to promote and uplift the Sri Lankan tourism economy. The tourism promotional campaign will be aired for a period of 3 months, commencing mid-September on CNBC in Asia, Middle East and Europe. The Letter of Transparency pertaining to the arrangement was pres

15 Sep, 2020

Government to support local automotive assembly with 30% locally made automobile components

The Sri Lanka Automotive Component Manufacturers? Association recently announced that the Sri Lanka Government is actively seeking to promote automotive assembly with locally secured components, in order to boost the industry and create better job opportunities. The assembly of 100 vehicles will create more than 250 direct jobs and 100 indirect jobs. If 1000 vehicles are assembled, an average of 2500 direct jobs and 1000 indirect jobs will be created ensuring a solid and confident business envir

18 Sep, 2020

Mattala airport to be developed to attract more flights

The Mattala Rajapaksa International Airport (MRIA) is to developed to attract more flights. Airport and Aviation Services (Sri Lanka) (Limited) said that during the months of June and July the Mattala Rajapaksa International Airport handled more than 50 international flight movements facilitating over 2188 passengers. Indigo airlines operated 20 international flight movements to MRIA (ATR 72/A320) between 26th June to 31st July and handled 358 passengers. At present the airline is having frequ

03 Aug, 2020