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New Zealand and Sri Lanka to consider free trade agreement

Reuters – Jan 20 New Zealand and Sri Lanka will open diplomatic posts in each other’s nations and are considering a free trade agreement, the Pacific country’s trade minister said on Friday. New...

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Altair captures global investor attention at Shanghai event

An iconic Sri Lankan property development continues to attract significant international investor interest, its developer reports following participation in a major industry event in China. Indocean...

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Sunil Ratnayake appointed coordinator for foreign films and television...

Sri Lanka, the beautiful island with so many cultural values and geographical differences including ancient cities such as Anuradhapura, Polonnaruwa, beautiful beaches such as Trinco and Galle,...

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Truth about Climate Change, Opportunities and Challenges for Business

Professor Sir Robert Watson is a leading authority on climate change, having led the UN Intergovernmental Panel on Climate Change (IPCC), which was awarded the Nobel Peace Prize in 2007. He is the...

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Hayleys Puritas Sathdiyawara gives brand new start to school year for 2,200...

What started off as the Group’s flagship Corporate Social Responsibility endeavor, “Puritas Sathdiyawara” which provides 110,000 litres (daily), of drinking water to over 25,000 people in 16 villages,...

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PM Wickremesinghe to sign MOUs during the Vietnam visit

Prime Minister Ranil Wickremesinghe and Vietnam Prime Minister Nguyen Xuan Phuc held discussions about strengthening the bilateral relations between Sri Lanka and Vietnam during the World Economic...

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Sri Lanka agrees to follow KSA recruitment system

RIYADH: A Sri Lankan labor delegation has agreed to follow Saudi Arabia’s Musaned online recruitment system following a meeting with senior officials. A four-member Sri Lankan team headed by G.S....

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Sri Lanka doubles Consumer Protection Force

Faced with increasing price control issues in its domestic market, Sri Lanka started swiftly enforcing new protection measures on 21 January to safeguard its consumers from errant traders. “The...

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SLSBC concludes a successful Trade and Investment Promotion Mission to Singapore

The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore recently. The mission was organized to coincide with the SBF...

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Celebrating 8 Years, Bharti Airtel commits to empower the youth of Sri Lanka

Bharti Airtel, the third largest telecommunications and network operator in the world with a footprint in over 18 countries recently celebrated its 8th Anniversary in Sri Lanka with a commitment to...

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Statement issued by the Monetary Board on measures taken with respect to the...

There have been several media reports recently raising concerns with respect to the Employees’ Provident Fund (EPF). An internal examination is currently underway under the direction of the Monetary...

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SriLankan Airlines most punctual among oneworld airlines in 4th quarter 2016

SriLankan Airlines (www.srilankan.com) has further enhanced its reputation as one of the most punctual airlines in the world, by being rated as the most on-time member airline of the oneworld global...

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European Investment Bank confirms backing for Colombo water network

The European Investment Bank will provide EUR 50 million to support improvement and expansion of sewage networks across the Sri Lankan capital Colombo. The new loan will help Colombo Municipal Council...

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India to levy service tax on freight for imports on delivered basis

Reuters – Overseas exporters chartering foreign vessels to supply goods to India will have to pay a service tax on freight from Sunday, a government notification said. It will be the same as the 4.5...

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Trump withdraws US from Trans-Pacific Partnership deal

~ US president formally pulls US out of massive 12-nation trade deal that covers 40 percent of world’s economy US President Donald Trump has signed an executive order formally withdrawing the US from...

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SLID poses the question on Women in the Boardroom, “Are men ready for it?”

“The laws of economics and many studies of diversity tell us that if we tapped the entire pool of human resources and talent, our collective performance would improve … when more people get in the...

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Inflation in December 2016

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics, increased marginally to 4.2 per cent in...

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Sri Lanka – An Island for all Seasons for the wider Latin American Market...

Sri Lanka made a great impact in promoting the country as a tourism destination by participating at the 37th staging of the International Tourism Trade Fair, FITUR, in Madrid Spain from 18th to 22nd...

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HUTCH introduces Doorstep SIM Delivery

Customer can obtain free Data SIM via an online registration process HUTCH, Sri Lanka’s fastest growing mobile broadband telecommunications provider has yet again, embarked on another ground breaking...

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Commercial Bank’s ‘Arunalu’ launches country-wide art competition for children

Art enables children to express themselves on virtually anything that interests them, and the Commercial Bank of Ceylon has launched an island-wide competition to stimulate such expression by the...

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