Cabinet directs Legal Draftsman to draft the Colombo Ports Commission Bil
The Cabinet of Ministers has approved a proposal instructing the Legal Draftsman to draft the Colombo Ports Commission Bill to place Colombo Port City as a leading investment hub in…
Sri Lanka resumes Tourism Activities with the arrival of First Tour Group
Ukrainian low-cost Carrier, SkyUp brought the first group of tourists to the island nation since March when the country halted foreign tourist arrivals country in order to contain the spread…
Arrival of Russian Tour Group postponed
Russia’s national airline Aeroflot has postponed the scheduled flight to Sri Lanka with 300 Russian tourists as a new strain of COVID-19 spread in the United Kingdom (UK) and across…
Sri Lanka waives off the landing and parking fees at Two International Airports
The cabinet of Ministers has approved a proposal to waive landing and parking fees for International airlines in order to attract airlines to Rajapaksha International Airport in Mattala, and Colombo…
IATA to launch its Travel Pass within 1Q2021
The International Air Transport Association (IATA) is on the schedule to release the IATA Travel Pass early in the first quarter of 2021 to help reconnect our world safely. The…
Sri Lankan Airlines plans to procure two freighters in 2021
Sri Lankan Airlines (UL) plans to call Request for Proposals (RFP) to procure two dedicated freighters shortly. “There’s so much cargo business at the moment. Exports have picked up, so…
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…
LOLC acquires Hemas’ Serendib Hotel PLC for Rs.792M
Sri Lanka’s Hemas Holdings PLC (HHL) has divested its’ shareholding in Serendib Hotel PLC to LOLC Holdings PLC for Rs 791.7 million. Eden Hotel Lanka PLC, a unit of LOLC…
Sri Lanka plans to resume international flight operations after Christmas
Sri Lanka plans to resume international flight operations from the 26th of December allowing commercial and cargo flights to operate to Island Nation without a restricted schedule, the Civil Aviation…
No Final Decision yet on Airport re-opening in January
The government hasn’t made a final decision yet on opening up Sri Lanka’s borders for foreign travelers in January next year, Sri Lanka Tourism, Chairperson, Kimarli Fernando said. Taking part…