Netflix valuation breaks $100bn for first time
Video streaming service announces it added 8.33m subscribers in final three months of 2017, including 6.36m internationally New subscribers drawn…
Category: BUSINESS
SriLankan Airlines achieves highest ever monthly revenue in December 2017
SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly…
CPC bans bulk sale of Lanka Kerosene
The Ceylon Petroleum Corporation (CPC) has banned bulk sales of Lanka kerosene oil since some dealers are exploiting the subsidized…
No increase in import taxes on food items – Finance Ministry
The Ministry of Finance and Media announced that there is no truth in the news item published in certain media…
Sri Lanka nationwide inflation declines to 7.3 percent in December 2017
Sri Lanka’s nationwide inflation in December 2017 determined under the National Consumer Price Index (NCPI) declined to 7.3 percent from…
Sri Lanka signs FTA with Singapore tomorrow
A Free Trade Agreement between Sri Lanka and Singapore will be signed following bilateral talks between the two nations, Tuesday.…
Singaporean PM to arrive today
Prime Minister of Singapore Lee Hsien Loong is to undertake an official visit to Sri Lanka from today (22) till…
Sri Lanka achieves record exports in 2017
Full year figure of $ 11.4 billion up 10% from 2016 and surpassed previous best of $ 11.1 billion in 2014 Government policy on…
Sri Lanka’s Hela Clothing ships one millionth garment from its factory in Ethiopia
One of Sri Lanka’s leading global apparel solutions provider, Hela Clothing, recently produced and shipped their one-millionth garment from their…
Thailand to assist Sri Lanka’s agriculture sector
The government of Thailand expects to offer its assistance for the development of Sri Lanka’s agriculture sector through many new…