Sri Lanka nationwide inflation declines to 3.2 percent in February 2018, lowest since April 2016
Sri Lanka’s nationwide inflation in February 2018 determined under the National Consumer Price Index (NCPI) declined to 3.2 percent from…
Category: BUSINESS
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes
Sri Lanka’s Minister of Finance and Mass Media Mangala Samaraweera emphasizing that private investment is the key for economic growth…
Tea primps for Rs. 4.5 b global campaign
By Uditha Jayasinghe The long-awaited Rs. 4.5 billion international marketing campaign for Sri Lanka’s tea industry took a giant leap…
Dialog and Ideamart host Sri Lanka’s first ever NB-IoT Hackathon
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in collaboration with Ideamart, hosted Sri Lanka’s first NB-IoT Hackathon (NB-IoT: Narrowband…
President abolishes Cabinet Committee on Economic Management
Sri Lankan President Maithripala Sirisena has decided to abolish the Cabinet Committee on Economic Management (CCEM) headed by the Prime…
‘The One’ begins voyage in Colombo with US$ 500 mn investment
Construction of one of South Asia’s tallest buildings ‘The One’ is now in progress and it will see an investment…
Non-declaration of assets: Fine to be increased to Rs 100,000
A minimum of Rs 100,000 fine has been proposed to the Declaration of Assets and Liabilities Act for Non declaration…
SriLankan Airlines relocates FlySmiLes Service Centre
FlySmiLes, the frequent flyer program of SriLankan Airlines, has relocated its Service Centre, in order to provide an enhanced service…
Sri Lanka aims to produce 150 million fish fingerlings by 2020
While breeding centers are being constructed to increase the production of fish fingerlings up to 150 million by 2020, Sri…
2017 sinks to slowest economic growth in 16 years
Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry…