Sri Lanka airlines incurred losses due to appointment of relatives to key posts- witness
The President of the Airline Pilots’ Guild of Sri Lanka Captain Ruwan Vithanage yesterday told the Presidential Commission inquiring into…
Category: BUSINESS
Government to check cost overruns in mega projects
By Chathuri Dissanayake The Government has decided to set up a special Cost Estimate Review Committee, in a bid to…
World Bank suggests Sri Lanka six ways to improve FDI
While in 2017, Foreign Direct Investment (FDI) into Sri Lanka grew to over $1.710 billion including foreign loans received by…
Ceylinco General Insurance uses drone technology to inspect flood claims on the spot
Registering another industry-first, Ceylinco General Insurance became the first insurance company in Sri Lanka to use drones to inspect locations…
SL must join ASEAN party: Malik
By Uditha Jayasinghe Sri Lanka’s private sector should move swiftly to tap ASEAN investment and export opportunities, International Trade and…
Commercial Bank launches mobile remittance channel between South Korea and Sri Lanka
The Commercial Bank of Ceylon has become the first Sri Lankan institution to launch a ‘Mobile to Account Remittance Service’…
Finnish fillip for Sri Lanka
Deputy Minister of Economic Affairs and Employment-led top public-private sector delegation in town To sign three MoUs with Govt. on health,…
Sri Lanka Insurance to host first “Happiness Carnival” on June 16
in celebration of its declaration of the largest Life Insurance Bonus of Rs. 6.8 billion, will be hosting the first…
Sri Lanka’s Ritz-Carlton Tower ready by 2021
One Transworks Square (Pvt) Ltd together with Zhong Tian Ding Hui (ZTDH) Company announced that it’s 500 million dollar “THE…
IFC invests US$ 2.5 mn in Sri Lanka’s ride-hailing company PickMe
IFC, a member of the World Bank Group, Wednesday announced its foray into venture capital in Sri Lanka with a…