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Category: BUSINESS

India and Sri Lanka expand IT cooperation
BUSINESS

India and Sri Lanka expand IT cooperation

Sri Lanka and India today signed a Memorandum of Understanding for cooperation in IT and Electronics to enhance Digital Literacy…

byFaraz Shauketaly15/01/2018
Agreement with WEF to make Sri Lanka trade hub in Indian Ocean
BUSINESS

Agreement with WEF to make Sri Lanka trade hub in Indian Ocean

Sri Lanka’s Minister of Development Strategies and International Trade Malik Samarawickrama during a two day visit to Geneva recently met…

byFaraz Shauketaly15/01/2018
Ultimate Motorworks launches first fully integrated auto care workshop for high-end vehicles
BUSINESS

Ultimate Motorworks launches first fully integrated auto care workshop for high-end vehicles

Introducing a novel service concept to the Sri Lankan market, fully integrated auto-care specialists Ultimate Motorworks announced the launch of…

byFaraz Shauketaly15/01/2018
Sri Lanka Finance Minister reviews status of economic projects with Indian leaders
BUSINESS

Sri Lanka Finance Minister reviews status of economic projects with Indian leaders

Sri Lanka’s Minister of Finance and Mass Media Mangala Samaraweera, who is currently visiting New Delhi, has met with Indian…

byFaraz Shauketaly15/01/2018
President wants easy liquor Gazettes withdrawn
BUSINESSMain Story

President wants easy liquor Gazettes withdrawn

Says more revelations will be made and many more corrupt politicians will be exposed President Maithripala Sirisena said yesterday he had instructed…

byFaraz Shauketaly15/01/201815/01/2018
Sri Lanka to produce 60% of pharmaceuticals locally by 2020
BUSINESS

Sri Lanka to produce 60% of pharmaceuticals locally by 2020

The government’s latest efforts in import substitution through the establishment of a pharmaceutical manufacturing zone will see 60 percent of…

byFaraz Shauketaly15/01/2018
A ‘free of charge’ floating LNG terminal from South Korea?
BUSINESS

A ‘free of charge’ floating LNG terminal from South Korea?

The Government of Sri Lanka has received a South Korean proposal for a ‘free of charge’ floating Liquefied National Gas terminal (LNG).…

byFaraz Shauketaly15/01/2018
Yamaha unveils autonomous and robot-driven motorcycles
BUSINESS

Yamaha unveils autonomous and robot-driven motorcycles

There may be a new king of the road – and it’s a robot. MOTOBOT is an autonomous motorcycle-riding ‘bot…

byFaraz Shauketaly15/01/2018
‘Enterprise Sri Lanka’ program to create new entrepreneurs to be launched in March
BUSINESS

‘Enterprise Sri Lanka’ program to create new entrepreneurs to be launched in March

Minister of Finance and Mass Media Mangala Samaraweera has said that the ‘Enterprise Sri Lanka’ program proposed in the 2018…

byFaraz Shauketaly13/01/2018
IMF says economy normalising but reforms essential
BUSINESSMain Story

IMF says economy normalising but reforms essential

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE reform, bad…

byFaraz Shauketaly13/01/201813/01/2018

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