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American investment creates jobs and not debt – Ambassador Teplitz

The United States (U.S.) expressed its strong commitment to promote and expand private sector investments aimed at employment creation in Indo-Pacific Region including in Sri Lanka as an alternative to…

Sri Lanka eyes to expand Sapugaskanda oil refinery to limit forex outflows

The Cabinet of Ministers recently approved a proposal to conduct a feasibility study to expand the capacity of Sapugaskanda oil refinery which is owned by the Ceylon Petroleum Corporation. The…

A fresh approach needed in city and town planning amidst the new normal triggered by the Pandemic – Institute of Town Planners of Sri Lanka

Sri Lanka’s Town Planners urge for a fresh approach in urban planning by taking up the unprecedented challenges as well as opportunities posed by the global pandemic disrupting daily life…

Sri Lankan shares end at 10-month high on industrials, financials boost

Sri Lankan shares rose for a fourth straight session to end at their highest level since early January on Friday, helped by gains in industrial and financial stocks. The benchmark…

The CCC to host Its Annual Sri Lanka Economic Summit virtually amidst COVID-19 threat

The Ceylon Chamber of Commerce CCC) decided to organize its 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 virtually for the first time in…

Sri Lankan shares end higher on gains in industrial, consumer stocks

Sri Lankan shares ended at their highest in more than a month on Thursday, driven by gains in industrial and consumer staples stocks. The benchmark stock index ended up 1.66%…