Sri Lanka’s Central Expressway project funding secured
(FASTNEWS|COLOMBO) – The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured, www.WorldHighways.com…
Category: BUSINESS
Sri Lanka to build world class beach park
(FASTNEWS|COLOMBO) – The Sri Lankan Government will construct a world-class beach park, at a cost of $300 million, next to…
China offers more facilities to draw Sri Lankan tourists
(FASTNEWS|COLOMBO) – China is offering more facilities to draw Sri Lankan tourists, China’s State owned Xinhua News Agency reported on…
“Public will benefit from fuel pricing formula,” Finance Minister says
The public will benefit as a result of the fuel prices being revised according to the pricing formula, the Minister…
Several Indo-Lanka projects to begin
Work on several Indo-Lanka joint projects will get off the ground this year.
Separate zone for Thai investors, industrialists
Thailand and Sri Lanka on Friday (13) came to an agreement to establish a separate zone for Thai investors and…
Opposition Leader calls for more Thai investments in North, East
A meeting held between the visiting Thailand Prime Minister Gen.Prayut Chan-o-Cha and the Leader of the Opposition and the Tamil…
Industrial production increased by 2.0% in May
Issuing a communique on releasing Index of Industrial Production (IIP) IIP for the month of May, 2018 Director General of…
Sri Lanka and Thailand to boost trade and technical cooperation
Sri Lanka and Thailand paid their attention to further develop and strengthen the trade and technical cooperation between the two…
Oil Slips as US Crude Stockpiles Show Surprise Build
Oil fell on Thursday after U.S. government data showed an unexpected build in crude oil stockpiles. U.S. crude futures fell…
Sri Lanka Continues Upward Trend in Tourist Arrivals: June Up 19.0-Pct
Sri Lanka’s tourist arrivals was up 19.0 percent to 146,828 in June 2018 from an year ago driven by the islands two largest…
Korean Concessional Loan of USD 14Mn to Support Garbage Collecting In Local Authorities
The Government of Republic of Korea has agreed to provide two concessional loans for US 14 million dollars (Approximately Rs.2,240…
Oil Prices Climb on Uncertainty Over Possible Rise in OPEC Output
Oil prices rose by more than 1 percent in early Asian trading on Friday, pushed up by uncertainty over whether…
CB Governor Cracks Whip to Discipline Forex Market
Central Bank Governor Dr. Indrajit Coomaraswamy yesterday gave assurances of a well-managed rupee, insisting the monetary authority would block unwarranted…
Investment Migration Council’s Green light For Biz Migration to Lanka
One of the largest worldwide association’s for investor immigration and citizenship-by-investment, the Investment Migration Council (IMC) has accepted Sri Lanka…