Category Archives: Business News

Samsung Mobile Phones loosing Market Position in India and China
Business News

Samsung Mobile Phones loosing Market Position in India and China

The times are changing. And so are the preferences of Smartphone users in the world’s two biggest markets – India …Read the Rest

Urban Development Project at Kandy City at a cost of USD 100 Million
Business News

Urban Development Project at Kandy City at a cost of USD 100 Million

The strategic Urban Development Project centered round the historic Kandy City, would be launched in August, this year. Initially US$ …Read the Rest

Hayleys to venture into instant tea
Business News

Hayleys to venture into instant tea

Hayleys PLC, through its subsidiary Kelani Valley Plantations PLC is to venture into the instant tea market. Dipped Products PLC …Read the Rest

Central Bank decided to stop printing 10 rupee notes; replace by 10 Rupees Coins
Business News

Central Bank decided to stop printing 10 rupee notes; replace by 10 Rupees Coins

Sri Lanka Central Bank decided to stop printing this lower denomination currency replacing it with 10 rupee coins. Most of …Read the Rest

Sri Lanka army is into Economic Supportive development of Dairy farming
Business News

Sri Lanka army is into Economic Supportive development of Dairy farming

The Sri Lankan army, involved in business and economic activity since the May 2009 end of the conflict, is aiming …Read the Rest

Colombo City and Subs Garbage going to be Solid Waste to Puttalam
Business News

Colombo City and Subs Garbage going to be Solid Waste to Puttalam

For the first time in Sri Lanka history, the Sri Lanka Railways (SLR) will transport garbage as part of a …Read the Rest

Commercial Bank begins renovation of Sri Pada steps – as CSR Activity
Business News

Commercial Bank begins renovation of Sri Pada steps – as CSR Activity

The Commercial Bank has begun work on renovating two sections of the steps to the summit of Sri Pada for …Read the Rest

Government allows import of high-powered motorbikes
Audi

Government allows import of high-powered motorbikes

The Government will allow the import of high powered motorcycles -from 450 cc to 1001 cc — upon payment of …Read the Rest

New Luxury buses for Arugambay and Passikuda
Business News

New Luxury buses for Arugambay and Passikuda

The Sri Lanka Transport Board (SLTB) will launch two super luxury bus services along Arugam Bay-Colombo and Pasikuda-Colombo routes from …Read the Rest

Passport passback service for UK visa in SL
Business News

Passport passback service for UK visa in SL

The British High Commission yesterday announced that it had started passport passback service for applicants in Colombo from August 11. …Read the Rest

NSBM Green University Town will be open in 2015
Bachelor or Undergraduate Degrees in Sri Lanka

NSBM Green University Town will be open in 2015

South Asia’s first Green University Town, NSBM will be open for both Sri Lankan and foreign students by the end …Read the Rest

Mihin lanka and Srilankan Airlines be merged: cope
Airlines, Flights, Air Fares, Seats, Tickets

Mihin lanka and Srilankan Airlines be merged: cope

Srilanka government is looking forward to merged Mihin Lanka and Srilankan Airline to reduce the losses made by borrowing at …Read the Rest

Kandy expressway to go via Pothuhera (Kurunegala)
Business News

Kandy expressway to go via Pothuhera (Kurunegala)

Initial plans made for the proposed Kandy Expressway have been changed because hilly areas are an obstruction to the expressway …Read the Rest

Keells Super launches the first ever supermarket Mobile App in Sri Lanka!
Business News

Keells Super launches the first ever supermarket Mobile App in Sri Lanka!

Keells Super, which has always been the most dynamic and technologically advanced supermarket in Sri Lanka, has introduced yet another …Read the Rest

John Keells Hotels looking forward to starts up a Hotel in Nuwara Eliya
Business News

John Keells Hotels looking forward to starts up a Hotel in Nuwara Eliya

John Keells Hotels is currently looking forward an options of opening a property in Nuwara Eliya. It was pointed out …Read the Rest

Srilanka Start Exporting King Coconuts and Self-sufficient in Coconut Production
Business News

Srilanka Start Exporting King Coconuts and Self-sufficient in Coconut Production

Srilanka have commenced to export king coconut. Around 700,000 king coconuts have been exported during the first six months of …Read the Rest

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

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