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Sri Lanka business registrations can now be done from home

Sri Lanka business registrations can now be done from home

Opening a new chapter in Sri Lanka’s private sector development, incorporation of a new company is now possible from the comfort of one’s own home. “Name reservation of companies could…

EU provides Euro 40Mn to strengthening transformation, reconciliation

EU provides Euro 40Mn to strengthening transformation, reconciliation

The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the “Strengthening Transformation, Reconciliation and Inclusive Democratic Engagement” (STRIDE) project. Dr. R.H.S. Samaratunga, secretary to the…

Light Rail Transit operations to commence in 2025

Light Rail Transit operations to commence in 2025

The total cost of the project is US D 2.2 billion, of which USD 1.8 billion will be provided by the Japan International Cooperation Agency (JICA). The government of Sri…

Altair infuses USD 25 mn via syndicated loan

Altair infuses USD 25 mn via syndicated loan

A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank has raised a syndicated loan of 25 million US dollars (Rs 4.5…

Sri Lanka appointed to key posts in World Tourism Organization

Sri Lanka appointed to key posts in World Tourism Organization

Sri Lanka has been appointed as one of the two Vice-Chairpersons for the South Asia Commission of United Nations World Tourism Organization (UNWTO) for the period 2019 to 2021. Sri…

CaFFE to deploy 7500 observers for presidential election

CaFFE to deploy 7500 observers for presidential election

The Campaign for Free and Fair Elections (CaFFE) Director Surangi Ariyawansa said that the organization had received a total of 103 complaints by today. “Special programmes are launched by the…

Mihintale sacred city now a national heritage

Mihintale sacred city now a national heritage

The three days of religious observances and rituals declaring the Mihintale sacred city a national heritage ended on Sunday. UNP Deputy Leader and Housing, Construction and Cultural Affairs Minister, as…

Sri Lanka Govt allows internal flight operation for foreign airlines

Sri Lanka Govt allows internal flight operation for foreign airlines

The Sri Lanka govenments cabinet of ministers has given the nod for foreign airlines to operate domestic flights, a statement said. Sri Lanka’s civil aviation authority will issue one year…

Sri Lanka reserves at USD 8.3bn at end Jul 2019

Sri Lanka reserves at USD 8.3bn at end Jul 2019

Sri Lanka’s gross official reserves stood at US 8.3 billion dollars by end July 2019, equivalent to 4.9 months of imports, the Central Bank said. Total foreign assets, which consist…

India blocks Sri Lankan exports of spices using non-tariff barriers: SAPPTA

India blocks Sri Lankan exports of spices using non-tariff barriers: SAPPTA

India has imposed an unrealistic Minimum Import Price (MIP) on Sri Lanka pepper and arecanuts resulting in negligible exports, the Spices & Allied Products Producers’ & Traders’ Association (SAPPTA) said.…

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