Agriculture
Construction
Debt
Latest News
Local
Mining
Real-estate
SL Business
Sri Lanka
Tourism
Trade
Transport
Sri Lanka faces worst decline as debt crisis looms
Sri Lanka Tuesday announced its worst economic slump with second-quarter GDP plunging 16.3 percent as international concern grows over its ability to repay foreign debt. The department of Census and…
Blackstone acquires Piramal Glass for $1 billion
The World’s largest alternative equity firm, Blackstone Group Inc, has signed an agreement to acquire Piramal Group’s Piramal Glass including its unit in Sri Lanka for an estimated $1…
United States kick-off $20M Project to Support Small Businesses and empower Female Participation in Sri Lanka’s Labor Force
The United States launched a new Rs3.6 billion ($ 19.5 million) initiative to help small businesses and economically empower Sri Lankan women. The Private Sector Development Project, which is funded through…
Sanjaya Mohottala assumes duties as the Head of BOI
Sanjaya Mohottala assumed duties today as the 21st Chairman of the Board of Investment (BOI), the apex Investment Promotion Agency of Sri Lanka after Susantha Ratnayake stepped down from the position…
Sri Lanka shares bulldozed pass the 6,500 mark after 2 years
Sri Lankan shares bulldozed pass the 6,500 mark after 2 years & 7 months while recording the highest intraday gain nearly after a month, riding on gains in financial and…
Ceylon Graphite commences trading on the OTCQB Venture Market
Vancouver- based Ceylon Graphite Corp. announces that its common shares have been approved for trading on the OTCQB Venture Market in the United States from 3rd of December this year. Ceylon…
Sri Lanka’s President Calls Private Sector to make bold investment decisions
Sri Lanka’s President Gotabaya Rajapaksa called the country’s private sector to make bold investments moving away from conservative and low-risk strategies to live up to its reputation as the engine…
Sri Lanka seeks consultants for $100M India-funded solar project
The Sri Lanka Sustainable Energy Authority (SLSEA) is seeking consultants for the pre-feasibility study of installing solar rooftop systems in State buildings. The project is to be developed under a…
SEC expects an increase in access to capital for Sri Lankan corporates
In welcoming budget 2021, the Securities and Exchange Commission of Sri Lanka (SEC) said that the proposed measures would deepen the capital market activity with increased access to capital for…
Key trends in Sri Lankans’ mobility habits during the second wave of COVID-19
COVID 19 has drastically changed the mobility trends around the world. Sri Lanka is no different to these changes and in fact, the country’s mobility trends were extremely volatile with…