Sri Lanka entrepreneurs an economic force but severely wanting in B-Schooling
Despite playing a huge role in the country’s economy, Sri Lankan entrepreneurs and SMEs are struggling to advance their business capacities due to lack of skills and relevant business education. An...
View ArticleChinese firm to Construct Interim Terminal at BIA Airport
Recent Cabinet decisions outlined that it has been planned to implement a project to improve the passenger terminal capacity of the Bandaranaike International Airport, enabling to provide facilities...
View ArticleSri Lanka Fixed Broad Band Sector Strong Growth Expected To Continue – Report
Over the next five years to 2023 strong growth is expected to continue in Sri Lanka’s fixed broadband sector, a recent report on the telecom industry titled ‘Sri Lanka – Telecoms, Mobile and Broadband...
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Over 1.73 Mn tourists visited Sri Lanka up to September 2018
Latest data outlines that as at 30th September 2018, 1,731,922 tourists had visited Sri Lanka for this year which is a 11.6% growth over last year when 1,551,931 tourists had visited the country for...
View ArticleUnbeaten SLT Wins – MCA “G” Division Cricket Championship 2018
Powering the game of cricket, the national ICT giant, Sri Lanka Telecom won the twenty-five overs “G” Division Mercantile Cricket Tournament in 2018 claiming the only unbeaten team in the Group. The...
View ArticleSriLankan Airlines is most punctual global airline in September 2018
Over 91% of flights on-time SriLankan Airlines has achieved the remarkable feat of being named the world’s most punctual airline in the month of September 2018 in the key categories of ‘Global...
View ArticleSri Lanka rupee hits record low on importer dollar demand; stocks gain further
Reuters – The Sri Lankan rupee hit a record low for a third straight session on Friday due to dollar demand from importers and foreign banks amid outflows from government securities, while stocks rose...
View ArticleVice President of the U.S. Overseas Private Investment Corporation Visits Sri...
Executive Vice President of the Overseas Private Investment Corporation (OPIC) David Bohigian and other U.S. government officials visited Sri Lanka from October 3 to 5. The trip promoted U.S....
View ArticleSri Lankan ambassador to China: Hambantota Port is not a ‘debt trap’
“If anybody is saying that the Chinese government gave its money to put Sri Lanka into a ‘debt trap’, I don’t agree with that. It’s an absolutely wrong conclusion,” Karunasena Kodituwakku, the...
View ArticleSampath Bank retains Sri Lanka’s ‘Most Innovative Bank’ crown
~ Records impressive awards tally at LankaPay Technnovation Awards 2018 Sampath Bank was recognized as Sri Lanka’s “Most Innovative Bank” for the second consecutive year at the LankaPay Technnovation...
View ArticleSLIM Education Portfolio – Serving the nation to produce professional Marketers
SLIM, the national body for marketing in Sri Lanka, has made its mark in the fraternity by creating professional marketers through its internationally recognized educational product portfolio. Ranging...
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Unilever, UNGC and UNDP convene 2nd Annual Private-Public Partnership Forum
~ Engage stakeholders to achieve Sri Lanka’s Sustainable Development Goals Unilever Sri Lanka together with the United Nations Global Compact (UNGC) Sri Lanka and the United Nations Development...
View ArticleSubscribe and rest easy: Free unlimited medical consultations now on oDoc
Patients can now cut down medical expenses in addition to time spent in queues, germ filled waiting rooms and stressful trips to the doctor by subscribing to free unlimited medical consultations for...
View ArticleSri Lanka-Kuwait trade revived this Tuesday after two decade hiatus
After a hiatus exceeding two decades, Sri Lanka is reviving bilateral trade with the second wealthiest economy in Gulf this week. “We are reviving the Sri Lanka-Kuwait Joint Trade Committee after 21...
View ArticleNext Hotels and Kafnu to Open in Sri Lanka’s Colombo City Centre in 2019
Next Hotel Colombo and Kafnu Colombo will open their doors to welcome guests in third quarter 2019. This will mark the entry of Next Hotels and Kafnu into Sri Lanka, a fast-growing tourist...
View ArticleSri Lanka to set up a Monitoring Mechanism to Check conversion of Exporter...
Sri Lanka’s Central Bank (CBSL) Governor Dr. Indrajit Coomaraswamy had told reporters recently that Sri Lanka will set up a monitoring mechanism to check if exporters are bringing earnings back to the...
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Sri Lanka forex reserves down by US $ 1.4 Bn in September 2018
Sri Lanka’s foreign exchange reserves had eroded by US $ 1.4 billion to US $ 7,180 million or US $ 7.18 billion by the end of September 2018, from US $ 8,584.54 million in August 2018, the latest data...
View ArticleSri Lanka has the potential to more than double its exports to South Asia...
If trade barriers are overcome, trade within South Asia can increase three-fold, from $23 billion to $67 billion, suggests a new World Bank report. Sri Lanka has the potential to more than double its...
View ArticlePalm Oil industry rejects vilification of crop as “baseless and unscientific”
Says current extent under oil palm is just 1.1% of land under tea, rubber & coconut The vilification of oil palm in Sri Lanka on the grounds of the crop’s purported adverse impact on the...
View ArticleAirtel Lanka expands its network footprint by 20%
Airtel Lanka recently signed an agreement with the Board of Investment of Sri Lanka (BoI) to further invest into its operations, in the country. The investment commitment was made under the aegis of...
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