Category Archives: Business News

Cinnamon Red to open in September
Business News

Cinnamon Red to open in September

Cinnamon Red the newest hotel of the John Keells Group will open in the second week on September in Colombo …Read the Rest

Sri Lanka Postal rates increases from Aug 1, 2014 – Link attached to check new rates
Business News

Sri Lanka Postal rates increases from Aug 1, 2014 – Link attached to check new rates

Postal charges are to be increased from August 1, 2014; with the normal letter postage charge going up from Rs. …Read the Rest

Sri Lanka Police is going to Update CCTV installation in Colombo
Business News

Sri Lanka Police is going to Update CCTV installation in Colombo

A new CCTV technology and an Automatic Number Plate Recognition (ANPR) system are to be installed n tie Colombo District …Read the Rest

Bogambara Prison Coverted to New Hotel in Kandy
Business News

Bogambara Prison Coverted to New Hotel in Kandy

The land of Bogambara Prision located 8.5 Acres is proposed to construct a hotel, a leisure area, mini cinema, shopping …Read the Rest

Government of Srilanka Supports to upgrade Masulita Vocational Training Centre in Kampala, Uganda
Business News

Government of Srilanka Supports to upgrade Masulita Vocational Training Centre in Kampala, Uganda

It is happiest news to see, where srilanka is helping an African national to develop their vocational training centres, especially …Read the Rest

Arrested Pakistanis and Afghans in Srilanka is expected to be sent back
Business News

Arrested Pakistanis and Afghans in Srilanka is expected to be sent back

There are discussions going on to sent all arrested Afghan and Pakistani asylum seekers and their families back to their …Read the Rest

Seminars on export, import procedures organise by Ceylon Chamber of Commerce (CCC) and Customs
Business News

Seminars on export, import procedures organise by Ceylon Chamber of Commerce (CCC) and Customs

The Ceylon Chamber of Commerce (CCC), in association with the Department of Sri Lanka Customs and supported by DFCC Bank …Read the Rest

Casino contributes Rs. 500 Million as a Tax Revenue to the Government
Business News

Casino contributes Rs. 500 Million as a Tax Revenue to the Government

The Deputy Minister of Finance and Planning, Sarath Amunugama stated in Parliament that Casinos are one of the tax revenue …Read the Rest

Is Cargills Beer going out from Beer Business
Business News

Is Cargills Beer going out from Beer Business

In December 2011, Chairmen of Cargills Group made a speech in Srilanka Foundation, that the company is looking to the businesses …Read the Rest

University of Jaffna Engineers could obtain a career development with Kelani Cables – MoU signed
Bachelor or Undergraduate Degrees in Sri Lanka

University of Jaffna Engineers could obtain a career development with Kelani Cables – MoU signed

For the first time in the history of the University of Jaffna, a private entity, Kelani Cables is signing an …Read the Rest

Government to grow 10,000 HA rubber in north-east
Business News

Government to grow 10,000 HA rubber in north-east

Sri Lanka would add 10,000 hectares of rubber plantation to the North East in three years, said Minister of Plantation …Read the Rest

Floating market, latest attraction in Colombo
Business News

Floating market, latest attraction in Colombo

The construction of the floating market at Bastian Mawatha, which is part of the Colombo City Development Project, implemented by …Read the Rest

A floating market on the Beira, Colombo
Business News

A floating market on the Beira, Colombo

The first ever floating market in the county is to be declared open soon, the Urban development Authority (UDA) said. …Read the Rest

Central Bank of Sri Lanka Licensed Commercial Banks, Special Banks and Finance Company – Name List attached
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Central Bank of Sri Lanka Licensed Commercial Banks, Special Banks and Finance Company – Name List attached

The Central Bank is authorized to regulate and supervise the below named institutions in order to promote prudence in their …Read the Rest

Trainer aircraft lands safely at Ratmalana airport minus a wheel
Business News

Trainer aircraft lands safely at Ratmalana airport minus a wheel

A Cessna 152 private training aircraft which lost one wheel in midair landed safely at the Ratmalana Airport last morning. …Read the Rest

Micro IPO for Rs 1.5Billion
Business News

Micro IPO for Rs 1.5Billion

Sri Lanka’s only car manufacture, Micro Care Limited is to float at an Initial Public Offering to raise Rs. 1.5 …Read the Rest

Prof. Uditha Liyanage has been appointed to the Board of Singer (Sri Lanka)
Business News

Prof. Uditha Liyanage has been appointed to the Board of Singer (Sri Lanka)

Prof. Uditha Liyanage has been appointed to the Board of Singer (Sri Lanka) as an Independent Non Executive Director. Prof. …Read the Rest

Twin Elevator in Srilanka for the first time
Business News

Twin Elevator in Srilanka for the first time

Back to the future, the idea of having an elevator with two cabs operating independently in the same shaft is …Read the Rest

Nawaloka to open first regional hospital in Negombo
Business News

Nawaloka to open first regional hospital in Negombo

Nawaloka Hospitals PLC is to open its first regional hospital in Negombo next month, in a bid to expand its …Read the Rest

Investment forum on Myanmar in Sri Lanka on 12th June 2014
Business News

Investment forum on Myanmar in Sri Lanka on 12th June 2014

Discover the enormous potential of Myanmar businesses, Investment forum on Myanmar in Sri Lanka (IFMSL 2014) Invited speeches from government …Read the Rest

National Business Excellence Awards 2014 – Applications calls now
Business News

National Business Excellence Awards 2014 – Applications calls now

Business Excellence Benchmark Competition official launch today for an applications and invitations, the below stated sectors could be apply for …Read the Rest

E-learning to boost mathematics skills for students
Business News

E-learning to boost mathematics skills for students

Forty secondary schools started using new mathematics e-learning programs to boost students’ mathematics ability and to determine if e-learning should …Read the Rest

No foreign workers to fill apparel industry vacancies in Srilanka
Business News

No foreign workers to fill apparel industry vacancies in Srilanka

Investment Promotion Minister Lakshman Yapa Abeywardene told Parliament that there was no plan to bring down foreign workers to fill …Read the Rest

Train services to Chavakachcheri Commence June 2014
Business News

Train services to Chavakachcheri Commence June 2014

The train services on the northern line will be extended this month up to Chawakachdieri the main station this side …Read the Rest

New Fish Market Shops are for Sale by Ministry of Fisheries & Aquatic Resources Development
Business News

New Fish Market Shops are for Sale by Ministry of Fisheries & Aquatic Resources Development

Applications are called from the fish vendors who are interested in obtaining remaining limited fish stalls of the Peliyagoda Central …Read the Rest

Sri Lanka to attract foreign investment for import substitution
Business News

Sri Lanka to attract foreign investment for import substitution

In an ambitious move to-wards self-reliance. Sri Lanka is to attract foreign investors for import substitution projects offering them tax …Read the Rest

Tourism arrivals, earnings on the rise Central Bank Announced
Business News

Tourism arrivals, earnings on the rise Central Bank Announced

Earnings from tourism are growing as arrivals surge with Sri Lanka aiming to reach 2.5 million tourists by 2016. According …Read the Rest

Beware! Outdated chocolates re-entering into Srilanka market
Business News

Beware! Outdated chocolates re-entering into Srilanka market

Chocolate lovers need to check twice their favourite international brands before buying as recent raids reveal outdated chocolates imported from …Read the Rest

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