Sri Lanka to secure financial aid from Hungary for development Projects
The Government of Hungary has agreed to provide funds for the development of some of the projects implemented by the…
Category: BUSINESS
Sri Lanka’s exports, FDI grow substantially in first nine months of 2017 exceeding 2016 total
Sri Lanka’s foreign direct investment (FDI) and exports have grown substantially in the first nine months of this year exceeding…
Comprehensive guide for Sri Lankan exporters to export to EU under GSP Plus released
The first comprehensive and almost step by step guide for Lankan exporters to export under European Union’s GSP Plus scheme…
India’s Tube Investments to acquire two bicycle companies in Sri Lanka for $3.34 mn
Chennai-based Tube Investments of India Limited, a company that specialized in engineering bicycles has entered into an agreement to acquire…
IMF says Sri Lanka fiscal performance satisfactory, approves US$ 251.4 million disbursement of third tranche EFF
The International Monetary Fund (IMF) Thursday said its Executive Board completed the third review of Sri Lanka’s Extended Fund Facility…
Govt. raises concerns over achieving SDG #1 by 2030
Calls on private sector, general public to work collectively with Govt. Identifies 1,000 Grama Niladhari Divisions for this year, 700…
SriLankan Airlines unions shows solidarity with restructuring
All trade unions attached to SriLankan Airlines yesterday expressed their solidarity to the management of the Airline, in supporting the…
Turkey’s DeriDesen interested in starting production in Sri Lanka
Istanbul-based Turkish label manufacturer DeriDesen has expressed interest in starting a production plant in Sri Lanka. A delegation of the…
Commercial Bank wins overall award for Best Annual Report at CA Sri Lanka Awards
The Commercial Bank of Ceylon PLC stamped its supremacy in financial disclosure at the CA Sri Lanka Annual Report Awards…
Sri Lanka to sign share ownership agreement with China on Hambantota Port on December 9
The government of Sri Lanka has received the approval of the cabinet of Ministers to sign the agreement of share…