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Category: BUSINESS

SriLankan Airlines Chairman and six Directors offer to resign in support of government’s restructuring plan
BUSINESS

SriLankan Airlines Chairman and six Directors offer to resign in support of government’s restructuring plan

Ajith Dias, the chairman of SriLankan Airlines, Sri Lanka’s national carrier and six directors of the board have offered to…

byFaraz Shauketaly26/12/2017
Prime Minister discusses plans to develop Ella-Wellawaya area as a tourist zone
BUSINESS

Prime Minister discusses plans to develop Ella-Wellawaya area as a tourist zone

Sri Lanka Prime Minister Ranil Wickremesinghe emphasizes the need to develop the Uva Province including the Ella-Wellawaya area as a…

byFaraz Shauketaly23/12/2017
SLTDA launches Enforcement Unit
BUSINESSMain Story

SLTDA launches Enforcement Unit

Only 50% of tourist establishments registered under SLTDA Stern action to be taken against those not complying with regulations Sets up countrywide…

byFaraz Shauketaly23/12/2017
AIIB to grant Sri Lanka Rs. 105 million to expedite Metro Colombo Solid Waste Management Project
BUSINESS

AIIB to grant Sri Lanka Rs. 105 million to expedite Metro Colombo Solid Waste Management Project

The Asian Infrastructure Improvement Bank (AIIB) will grant Sri Lanka US$ 700,000 (Over Rs. 105 million) to expedite the Metro…

byFaraz Shauketaly23/12/2017
President makes observation visit to Moragahakanda Project
BUSINESS

President makes observation visit to Moragahakanda Project

President Maithripala Sirisena has made an observation visit to the Sri Lanka’s largest multi-functional irrigation project, Moragahakanda Project on Friday…

byFaraz Shauketaly23/12/2017
Consecution of new oil tank complex in Kolonnawa begins after 40 years
BUSINESS

Consecution of new oil tank complex in Kolonnawa begins after 40 years

The construction of a new oil tank complex in Sri Lanka commenced today (22) after 40 years under the patronage…

byFaraz Shauketaly23/12/2017
WTO’S role crucial for Sri Lanka – Industry and Commerce Minister
BUSINESS

WTO’S role crucial for Sri Lanka – Industry and Commerce Minister

Sri Lanka’s Minister of Industry and Commerce Rishad Bathiudeen says the role of rules based multilateral trading system led by…

byFaraz Shauketaly23/12/2017
Sri Lanka imports 3000 milch cows from Australia for medium-scale dairy farmers
BUSINESS

Sri Lanka imports 3000 milch cows from Australia for medium-scale dairy farmers

Sri Lanka in an effort to boost local milk production has imported 3,000 high yielding milch cows from Australia. The…

byFaraz Shauketaly22/12/2017
Sri Lanka’s Anantaya Resorts & Spas recognized at World Luxury Hotel Awards 2017
BUSINESS

Sri Lanka’s Anantaya Resorts & Spas recognized at World Luxury Hotel Awards 2017

Reinstating its claim to superior luxury hospitality services, LAUGFS Leisure’s luxury hotel chain, Anantaya Resorts & Spas won high honors…

byFaraz Shauketaly22/12/2017
U.S. Millennium Challenge Corporation reselects Sri Lanka to continue grant program
BUSINESS

U.S. Millennium Challenge Corporation reselects Sri Lanka to continue grant program

The Board of Directors of the United States Millennium Challenge Corporation (MCC) reselected Sri Lanka for its grant program at…

byFaraz Shauketaly22/12/2017

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