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ADB recommends equity fund to support Sri Lanka small businesses

ADB recommends equity fund to support Sri Lanka small businesses

The Asian Development bank (ADB) has recommended the Sri Lankan government set up a fund to provide risk capital to support the growth of Small and Medium-sized Enterprises which do…

Japanese company wins contract for Central expressway’s 3rd phase

Japanese company wins contract for Central expressway’s 3rd phase

The Government has given the go ahead to award the contract for construction of 3rd phase of Central Expressway to M/S Taisei Corporation of Japan. “Tokyo Mitsubishi Bank of Japan has…

Business mission from New Zealand to arrive in April

Business mission from New Zealand to arrive in April

A group of 20 delegates representing 13 innovative New Zealand companies will arrive in Colombo on 2nd April for a 3-day visit to continue forging business and trade links with…

Sri Lanka up four notches in World happiness ranking

Sri Lanka up four notches in World happiness ranking

 Sri Lanka has moved up to 116 position with a score of 4.471 from 120 in the World Happiness Report 2018. The report ranks 156 countries by their happiness levels,…

Sri Lanka targets 450,000, Indian tourists in 2018

Sri Lanka targets 450,000, Indian tourists in 2018

Sri Lanka Tourism continued its quest to target more Indian tourist arrivals this year by participating at the SATTE – 2018, which was held recently.   The Sri Lankan pavilion…

Relief to environment friendly polythene manufactures

Relief to environment friendly polythene manufactures

The Central Environmental Authority (CEA) of Sri Lanka says measures have been initiated to provide relief to the biodegradable polythene manufacturers. According to the CEA, tax concessions will be granted…

US withdraws anti-dumping probe on Sri Lanka rubber bands

US withdraws anti-dumping probe on Sri Lanka rubber bands

The United States has withdrawn charges of anti-dumping and countervailing duty on Sri Lanka rubber band exports, the Ministry of Industry and Commerce said, The decision to terminate Anti-Dumping and…

Orion City and Dialog partner to build High Density Data Centre

Orion City and Dialog partner to build High Density Data Centre

 Sri Lanka’s Dialog Axiata Group announced a joint venture partnership with Orion City to build and manage the island’s first ever High-Density Data Centre at the Orion City IT Park…

National Financial Inclusion Strategy of Sri Lanka by mid-2019

National Financial Inclusion Strategy of Sri Lanka by mid-2019

 Sri Lanka’s Central Bank expects to implement the National Financial Inclusion Strategy of Sri Lanka by mid-2019, Dr. Indrajit Coomaraswamy said in Colombo, Tuesday. “For successful implementation of this process high…

No room for communal unrest in Sri Lanka- Marapana

No room for communal unrest in Sri Lanka- Marapana

The Government took immediate action to control the recent communal unrest in Kandy and to restore normalcy in the affected areas, Foreign Affairs Minister Tilak Marapana said. He was addressing…

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