Sri Lanka requests equity swap for some of its US $8bn China debt

REUTERS: Sri Lanka has asked China to swap some of the US $8 billion it owes Beijing for equity in infrastructure

Welcoming the Lankan delegation

Chinese President, Xi Jinping (R) welcomes the Sri Lanka’s delegation presented by Sri Lankan Prime Minister

China, Sri Lanka keen to push Colombo port project: Chinese diplomat

REUTERS: China and Sri Lanka are both determined to push forward with a stalled port project in the Sri Lankan capital Colombo, a senior Chinese diplomat said yesterday following a meeting between the 

Chamath meets President

Sri Lankan-born Silicon Valley billionaire and founder of venture capital firm Social Capital, Chamath Palihapitiya

Call to stop Port City

A demonstrator shouts slogans during a protest held on April 4 against the construction of Colombo Port City

Tourism Minister visits Lotus Tower construction site

Tourism and Lands Minister John Amaratunga accompanied by some of the ministry officials visited the Lotus 

Japanese assistance to form SL’s electricity master plan

Sri Lanka is to receive Japanese technical assistance in forming the country’s electricity master plan.

Google Loon lifts off from Sigiriya

In line with providing fast speed Internet Island-wide using Google Loons, a test Google Loon was launched 

Fire Suppression Drill Rehearsal

The annual Fire Suppression Drill Rehearsal was held at the Central Bank Headquarters Building yesterday

ADB says Sri Lanka to grow at 5.3% this year

A container ship is pictured docked at the Colombo South Harbour. Sri Lanka on Tuesday kept the policy 

Lankan duo to take country to the top

President Maithripala Sirisena recently met Jayanthi Kuru- Utumpala and Johann Peries to wish them on their attempt to reach the summit of Mt. Everest. Prime Minister Ranil Wickremesinghe and Sports Ministe

Dankotuwa Porcelain celebrates 33rd anniversary

Leading Sri Lankan porcelain manufacturer and exporter Dankotuwa Porcelain yesterday celebrated 33 years of operations.

Dankotuwa Porcelain celebrates 33rd anniversary

Leading Sri Lankan porcelain manufacturer and exporter Dankotuwa Porcelain yesterday celebrated 33 years of operations.

High level delegation visits WEF as follow-up to Davos Summit

Following the participation of Prime Minister Ranil Wickremesinghe and delegation at the World Economic Forum (WEF) Annual Meeting in Davos in January, a Sri Lankan delegation consisting of senior government 

Ceylon Chamber signs MOU with Zurich-based Swiss-Asian Chamber

The Ceylon Chamber of Commerce and Zurich based Swiss- Asian Chamber of Commerce signed an MOU recently in a bid to promote trade and investments between Sri Lanka and Switzerland. The signing

Sunshine-Watawala group enters dairy business with US $ 11.5mn investment

Diversified conglomerate Sunshine Holdings PLC’s subs idiary Watawala Plantations PLC yesterday entered into a joint venture with Singapore-based asset manager Duxton Asset Management to set up a US$ 11.5

Heritance Negombo to open next month

Leading hospitality group Aitken Spence on Monday provided a preview of its newest property in Sri Lanka’s 

Heritance Negombo to open next month

Leading hospitality group Aitken Spence on Monday provided a preview of its newest property in Sri Lanka’s 

Planters say harvesting efficiency of available workforce crucial for industry survival

With a view to ensure the sustainability of a rapidly failing industry, the Regional Plantation Companies (RPCs) say it is imperative that harvesting yields are increased and are introducing suitable ‘tea harvesters’ on certain estates. To support plantation workers too in improving productivity, RPCs are mulling greater use of manual shears, recent experiments of which have shown early encouraging signs.

Havelock City launches sales of phase 3 apartments

Havelock City, the premier residential development in Sri Lanka ceremoniously launched the sales of its phase 3

‘Indee Sri Lanka 2016’ to further expand economic ties between Sri Lanka and India

??By Zahara Zuhair Tapping the vast synergies between the two economies of both Sri Lanka and India,

False promises!

A man rides a bicycle in Colombo on March 16 during a power cut. Despite the government’s assurance that

TPP in focus at int’l trade confab in Colombo

A high-level trade confab in Colombo attended by reps from the Commonwealth, Canada’s International Institute on Sustainable Development (IISD), Netherland’s South Centre, New Delhi reps and 

FinMin says Sri Lanka back in business!

Fi n a n c e Min i s t e r Rav i Karunanayke, delivering the

FinMin meets IMF Chief

Finance Minister Ravi Karunanayake met with International Monetary Fund (IMF) Managing Director Christine

Lube market at risk of fragmenting due to lax regulation

Sri Lanka’s overcrowded lubricant industry is facing the risk of further fragmentation due to the go

Bahrain-SL investment talks

A special discussion between the Crown Prince of Bahrain, Sheik Salman bin khalifa Al khalifa and the Finance 

Sri Lanka marks 50 at ITB travel trade show

The Sri Lanka Pavilion was a big draw at the world’s largest travel and trade show, ITB which opened in Berlin on Wednesday. 

All issues with China now resolved: Malik

In t e r n a t i o n a l Tr a d e an d Development Strategies Minister Malik Samarawickrama yesterday expressed confidence in Sri Lanka’s relationship with China continuing on a much firmer and stronger footing

Mobile operator hails govt.’s efforts to lift FDI barriers

The current regime has taken giant strides towards removing hurdles that restricted foreign direct investments (FDIs) in the past, the head Sri Lanka’s largest mobile telecom services provider Dialog Axiata said.