President opens Shangri-La Hotel in Colombo
Sri Lankan President Maithripala Sirisena today (Nov. 16) opened the latest addition of the Asia Pacific’s leading luxury hotel group,…
Category: BUSINESS
World Bank clarifies media report on its role in Sri Lanka’s plantation sector reforms
The World Bank on Wednesday released a statement clarifying a media report on the Bank’s involvement in modernizing the plantation…
ONYX Hospitality Group continues Asian expansion with a new Amari hotel in Colombo
Thailand’s ONYX Hospitality Group, one of the region’s leading hotel management companies, will launch a brand-new Amari hotel in the…
Sri Lanka apparel exports rise after reinstatement of EU GSP+
European Union’s tariff concession Generalized System of Preferences plus (GSP+) has delivered its most prominent success for Sri Lankan exports…
Sri Lanka and Switzerland reaffirm commitment to further consolidate and advance bilateral political and economic cooperation
Sri Lanka and Switzerland reaffirmed the commitment to further consolidate and advance bilateral political and economic cooperation during the First…
Sri Lanka to give Rs.15Bn as concessionary loans to target sectors: Finance minister
The Ministry of Finance says that it will create a credit scheme with the allocation of 15 billion rupees in…
McKinsey to prepare strategies for Sri Lanka’s Digital Economy
Sri Lanka’s cabinet has selected worldwide management consulting firm, McKinsey & Company as the consultation company for the preparation of…
Sri Lanka wants to amend Hambantota Port concession agreement
Sri Lanka’s cabinet revealed Wednesday that Ports Minister sought cabinet approval to amend the current concession agreement of the Hambantota…
Janashakthi Insurance records growth of 12.4-pct upto Sept
Janashakthi Insurance PLC (Janashakthi) reported a consolidated Gross Written Premium (GWP) of 11.047 billion rupees for the nine months ended…
Sri Lanka to gazette guidelines on adventure tourism by March 2018
Sri Lanka’s Policy Development Office said steps are being taken to promulgate regulations related to all adventure tourism activities in…