As the government is moving forward with expanding market access for Sri Lankan exporters, sustainable resource management practices remain crucial to successfully penetrate into advanced marke

The 14th Exporters’ Forum Chaired by State Minister of International Trade Sujeewa Senasinghe was held at the EDB auditorium recently.  The session prov

Sri Lanka is fast becoming a competitive economy regardless of the uncertain political climate that may persist, Megapolis and Western Development Minister Patali Champika Ranawaka said. 

As Sri Lanka is on the lookout for avenues to boost the quality of the products moving in and out of the country, the government yesterday pledged to iron out issues in the local accreditation system and bring it on par with international standards.

Sri Lanka’s country wide inflation measured by the National Consumer Price Index (NCPI) rose to 2.1 percent in May year-on-year basis, accelerating from 1.6 percent recorded in April, the Department of Census and Statistics said.

In a note of clarification with regard to the news item titled “Colombo apartments to account for 4.5% of overall housing units next year” that appeared yesterday (21st), Condominium Developers’ Association of Sri Lanka Chairman and

 Sri Lanka’s film theatre owners, managers and film producers during a meeting held yesterday at the Ruby Cinema Theatre premises in Maligawatte formed a new industry association to lobby against the recent move by the National Film Corpor

The new administration of the Information and Communication Technology Agency (ICTA), along with Central Bank and LankaClear, the operator of LankaPay, has launched a fresh attempt to revive the suspended National Payment Platform (NPP) project.

Deepal Abeywickrema, currently Senior Vice President - Sales for Nestlé Lanka, has been appointed Managing Director for Nestlé Bangladesh.  Backed by 32 years of experience i

Redefining Colombo’s business workspace, the prestigious internationally developed and managed mixed-use development project by the Shangri-La Group, yesterday celebrated the topping-out of the One Galle Face Tower on schedule. 

China Merchant Port Holdings Limited (CM Port) yesterday released the final tranche of the Hambantota port lease payment, the Sri Lanka Ports Authority (SLPA) said.

Abans yesterday announced the appointment of Sriyan de Silva Wijeyratne as its Chief Executive Officer (CEO). The company said he would assume duties effective mid-August 2018.

The apartment units in Colombo are poised to grow from 1.7 percent of the current total housing units in Colombo to 4.5 percent units by next year, with several new large-scale apartment projects coming into the market next year, a leading real estat

Ushering a new era for the local construction sector, Ceylon Petroleum Corporation (CPC) yesterday commenced bitumen production at the country’s sole refinery located in Sapugaskanda.

Finance Minister Mangala Samaraweera on Tuesday said the outcome of the new Inland Revenue (IR) Act is positive though it has been only two months since it was implemented. 

National Development Bank PLC (NDB) on Tuesday conveyed its plans to the Colombo bourse to raise Rs.6.2 billion via a rights issue.

The rivalry existing between China and India is based on a long historical trajectory dating back to the epoch of the Silk Route. More recent conflict emerged at a time when both states strived to emerge as nation states after facing colonial encount

Before the adoption of an open economy in 1977, Sri Lanka was 80 percent self-sufficient in fulfilling the milk requirements. However, at present, Sri Lanka is around 40 percent self-sufficient. This has resulted in importing nearly 100,000 metric to

Joining for a discussion with Mirror Business recently, Uber General Manager Sri Lanka and South India Christian Freese and Uber Chief Business Officer India and Emerging Markets Madhu Kannan assured that Uber is committed to reshaping Sri Lanka&rsqu

Many stories doing the rounds on the Internet a few weeks ago speculated about the future of the government and about a list of people who benefited from the bond scam. Both these issues however have been disputed by the government. 

The Cabinet of Ministers yesterday decided to hold back the awarding of the controversial 300MW Kerawalapitiya Liquefied Natural Gas (LNG) power plant tender to the second lowest bidder, GCL

National Development Bank PLC (NDB) yesterday conveyed its plans to the Colombo bourse to raise Rs.6.2 billion via a rights issue. Accordingly, the bank pl

(Colombo) REUTERS: The Sri Lankan rupee ended weaker yesterday in dull trade, near a record low hit in the previous session, as importer dollar demand surpassed greenback selling by exporters a

 The Department of Commerce (DoC) yesterday called for a renewed approach to bilateral investment treaties, as Sri Lanka has become a victim of investor-State disputes in the backdrop of a surge in investment treaties-based disputes globally.

Finance Minister Mangala Samaraweera yesterday said the outcome of the new Inland Revenue (IR) Act was positive though it has been only two months since it was implemented. 

Despite setbacks, Sri Lanka is determined to conclude negotiations on the Economic and Technology Co-operation Agreement (ETCA) with India at the end of this year to reach a final agreement, while

The Sri Lanka Export Development Board (EDB) yesterday said the National Export Strategy (NES) it has designed in collaboration with the export sector stakeholders is ready to be presented to the Cabinet of Minist

The government has decided to stand by the decision of the Procurement Appeal Board (PAB) and Power and Renewable Energy Ministry to award the tender for 300MW Kerawalapitiya liquefied natural gas (LNG) power plant to the second lowest bidder, GCL Wi

Sri Lanka’s manufacturing sector expanded in May following the seasonal contraction observed in April, while the services sector also showed a strong upturn.  According to the Sri Lanka Purchasing Managers’ Index (PMI), compiled by t

Sri Lanka’s economic growth in the first quarter of 2018 (1Q18) has been estimated at 3.2 percent, against the 3.3 percent growth recorded for the same period last year, the Department of Census and Statistic (DCS) said, yesterday.