Category: BUSINESS

Sri Lanka’s Central Expressway project funding secured

Sri Lanka’s Central Expressway project funding secured

Jul 16, 2018

(FASTNEWS|COLOMBO) - The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured, www.WorldHighways.com ... Read More

Sri Lanka to build world class beach park

Sri Lanka to build world class beach park

Jul 16, 2018

(FASTNEWS|COLOMBO) - The Sri Lankan Government will construct a world-class beach park, at a cost of $300 million, next to ... Read More

China offers more facilities to draw Sri Lankan tourists

China offers more facilities to draw Sri Lankan tourists

Jul 16, 2018

(FASTNEWS|COLOMBO) - China is offering more facilities to draw Sri Lankan tourists, China’s State owned Xinhua News Agency reported on ... Read More

“Public will benefit from fuel pricing formula,” Finance Minister says

“Public will benefit from fuel pricing formula,” Finance Minister says

Jul 14, 2018

The public will benefit as a result of the fuel prices being revised according to the pricing formula, the Minister ... Read More

Several Indo-Lanka projects to begin

Several Indo-Lanka projects to begin

Jul 14, 2018

Work on several Indo-Lanka joint projects will get off the ground this year. (more…) Read More

Separate zone for Thai investors, industrialists

Separate zone for Thai investors, industrialists

Jul 14, 2018

Thailand and Sri Lanka on Friday (13) came to an agreement to establish a separate zone for Thai investors and ... Read More

Opposition Leader calls for more Thai investments in North, East

Opposition Leader calls for more Thai investments in North, East

Jul 14, 2018

A meeting held between the visiting Thailand Prime Minister Gen.Prayut Chan-o-Cha and the Leader of the Opposition and the Tamil ... Read More

Industrial production increased by 2.0% in May

Industrial production increased by 2.0% in May

Jul 13, 2018

Issuing a communique on releasing Index of Industrial Production (IIP) IIP for the month of May, 2018 Director General of ... Read More

Sri Lanka and Thailand to boost trade and technical cooperation

Sri Lanka and Thailand to boost trade and technical cooperation

Jul 13, 2018

Sri Lanka and Thailand paid their attention to further develop and strengthen the trade and technical cooperation between the two ... Read More

Oil Slips as US Crude Stockpiles Show Surprise Build

Oil Slips as US Crude Stockpiles Show Surprise Build

Jul 6, 2018

Oil fell on Thursday after U.S. government data showed an unexpected build in crude oil stockpiles. U.S. crude futures fell ... Read More

Sri Lanka Continues Upward Trend in Tourist Arrivals: June Up 19.0-Pct

Sri Lanka Continues Upward Trend in Tourist Arrivals: June Up 19.0-Pct

Jul 5, 2018

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 ... Read More

Korean Concessional Loan of USD 14Mn to Support Garbage Collecting In Local Authorities

Korean Concessional Loan of USD 14Mn to Support Garbage Collecting In Local Authorities

Jul 3, 2018

The Government of Republic of Korea has agreed to provide two concessional loans for US 14 million dollars  (Approximately Rs.2,240 ... Read More

Oil Prices Climb on Uncertainty Over Possible Rise in OPEC Output

Oil Prices Climb on Uncertainty Over Possible Rise in OPEC Output

Jun 22, 2018

Oil prices rose by more than 1 percent in early Asian trading on Friday, pushed up by uncertainty over whether ... Read More

CB Governor Cracks Whip to Discipline Forex Market

CB Governor Cracks Whip to Discipline Forex Market

Jun 13, 2018

Central Bank Governor Dr. Indrajit Coomaraswamy yesterday gave assurances of a well-managed rupee, insisting the monetary authority would block unwarranted ... Read More

Investment Migration Council’s Green light For Biz Migration to Lanka

Investment Migration Council’s Green light For Biz Migration to Lanka

Jun 11, 2018

One of the largest worldwide association’s for investor immigration and citizenship-by-investment, the Investment Migration Council (IMC) has accepted Sri Lanka ... Read More