Category Archives: Business News

Cigarette Prices go up by another Rs. 5/- sooner
Business News

Cigarette Prices go up by another Rs. 5/- sooner

Health Minister stated to the media that a Cabinet paper proposing to increase the price of a cigarette by Rs. …Read the Rest

Solar Power and Wind Power replace Coal Power Plant in Sampur – Secretary to the Ministry of Power and Renewable Energy
Business News

Solar Power and Wind Power replace Coal Power Plant in Sampur – Secretary to the Ministry of Power and Renewable Energy

The Secretary to the Ministry of Power and Renewable Energy stated to the media that President Maithripala Sirisena had held …Read the Rest

Technological city Project Launched at Pitipanna, Homagama
Business News

Technological city Project Launched at Pitipanna, Homagama

The laying of the foundation stones for the first stage of the technological city planned under the Western Megapolis Project …Read the Rest

Use Payment Cards – Advice by Central Bank of Sri Lanka
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Use Payment Cards – Advice by Central Bank of Sri Lanka

Payment and Settlements Department of Central Bank of Sri Lanka advises to general public to use payment card as much …Read the Rest

Sri Lanka Economic Summit 2016 by The Ceylon Chamber of Commerce
Business News

Sri Lanka Economic Summit 2016 by The Ceylon Chamber of Commerce

Sri Lanka’s economic growth potential is not unknown. Its strategic geographical location, proximity and access to growing markets in Asia, …Read the Rest

Financial grant for Research & Development projects of Manufacturing Industries by Ministry of Industry & Commerce
Business News

Financial grant for Research & Development projects of Manufacturing Industries by Ministry of Industry & Commerce

It is a necessity to start Research and Development projects for the improvement and upgrading of the industries in Sri …Read the Rest

Malaysia and Thailand increases visa fees
Airlines, Flights, Air Fares, Seats, Tickets

Malaysia and Thailand increases visa fees

The Malaysian entry visa fee has been increased by Rs. 900 for Sri Lankans again. The company which handles the …Read the Rest

Colombo Light Rail Transit Project will starts soon
Business News

Colombo Light Rail Transit Project will starts soon

The Cabinet has approved the proposal by the Megapolis Project to introduce a Light Rail Transit (LRT) system for mass …Read the Rest

Dr. Indrajit Coomaraswamy Appointed as Governor of Central Bank of Sri Lanka – Brief Introduction about Dr. Indrajit Coomaraswamy
Business News

Dr. Indrajit Coomaraswamy Appointed as Governor of Central Bank of Sri Lanka – Brief Introduction about Dr. Indrajit Coomaraswamy

Dr. Indrajit Coomaraswamy has been appointed as Governor of Central Bank of Sri Lanka by President today July 2, 2016. …Read the Rest

Sri Lankan Airline Suspend flights to Paris & Frankfurt
Business News

Sri Lankan Airline Suspend flights to Paris & Frankfurt

SriLankan Airlines will suspend flights to Frankfurt and Paris. Accordingly, the last flight between Frankfurt and Colombo will be on …Read the Rest

Mihin Lanka Losses accumulated Rs. 17 Billion by Now
Business News

Mihin Lanka Losses accumulated Rs. 17 Billion by Now

Finance Ministry stated that the state run airline Mihin Lanka has recorded a loss of Rs. 17 Billion over its …Read the Rest

Maximise your Dollar Investment with US$ 150 million Sri Lanka Development Bond
Business News

Maximise your Dollar Investment with US$ 150 million Sri Lanka Development Bond

First Capital Treasuries PLC invites potential investors in Sri lanka and aboard to invest on US$ 150 million Sri Lanka …Read the Rest

Sri Lanka Electricity Board Emergency Number: 1987
Business News

Sri Lanka Electricity Board Emergency Number: 1987

The Ceylon Electricity Board had activated a new hotline number of 1987 from any telephone lines, this hotline would cater …Read the Rest

New Airports to build in Sri Lanka
Business News

New Airports to build in Sri Lanka

Ministry of Transport and Civil Aviation said an airport was to be constructed in Haputale under a scheme to develop …Read the Rest

New Terminal Building to construct for Bandaranaike International Airport
Airlines, Flights, Air Fares, Seats, Tickets

New Terminal Building to construct for Bandaranaike International Airport

Transport and Civil Aviation Ministry Nimal Siripala de Silva said a new terminal building will be built at the Bandaranaike …Read the Rest

New Vehicle Prices after Budget for 2016
Audi

New Vehicle Prices after Budget for 2016

As expected the new government budget for 2016 introduce new valuation system for imported vehicles, this valuation lead to increase …Read the Rest

University of Colombo MBA Alumi Budget 2016 – Discussion with Finance Minister Hon. Ravi Karunanayake
Business News

University of Colombo MBA Alumi Budget 2016 – Discussion with Finance Minister Hon. Ravi Karunanayake

The MBA Alumi Association University of Colombo organized a forum of Budget 2016 with the Finance Minister, Hon. Ravi Karunanayake & …Read the Rest

Maradana to Battaramulla Train Service about to start in January 2016
Business News

Maradana to Battaramulla Train Service about to start in January 2016

The newly proposed Maradana to Battaramulla railway line hoping to reduce heavy traffic from maradana, boralla, rajagiriya and battaramulla. The …Read the Rest

SriLankan Airline New Business Strategies of MRO and Domestic Flight services
Airlines, Flights, Air Fares, Seats, Tickets

SriLankan Airline New Business Strategies of MRO and Domestic Flight services

SriLankan Airlines will negotiate with an Asian based air service company to begin a Maintenance, Repair and Overhaul (MRO) centre …Read the Rest

Korean company keen to start Mega City project in Sri lanka
Business News

Korean company keen to start Mega City project in Sri lanka

Top officials from one of the world’s leading township developers, Korea Land and Housing Corporation were in Sri Lanka looking …Read the Rest

Solar power electricity for over 800 houses in Hambantota
Business News

Solar power electricity for over 800 houses in Hambantota

The solar power plant set up at Buruthakanda in Hambantota under the clean energy programme supplies electricity to over 800 …Read the Rest

Government loan for Samurdhi Officers
Business News

Government loan for Samurdhi Officers

Social Empowerment and Welfare Minister S. B. Dissanayake stated that all officers in the Samurdhi scheme are entitled to receive …Read the Rest

Sri Lanka is to face huge traffic near soon and suggestion to avoid traffic in Colombo
Business News

Sri Lanka is to face huge traffic near soon and suggestion to avoid traffic in Colombo

Motor Traffic Department of Sri Lanka has made a statement stated that they received 491,628 vehicles registration for first 8 …Read the Rest

How to take ERP Loan of 30% before retirement
Business News

How to take ERP Loan of 30% before retirement

Ministry of Labour stated that In pursuant to the Employees Provident Fund Act No. 15 of 19S8, as amended by …Read the Rest

Commercial Bank open its new Bank services in Maldives
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Commercial Bank open its new Bank services in Maldives

The Commercial Bank of Ceylon PLC has announced It is plans to extend their services to the Maldives following the …Read the Rest

Bus Fare for Kadawatha to Matara by Express Highway
Business News

Bus Fare for Kadawatha to Matara by Express Highway

Kadawatha to Galle – Rs.400/- Kadawatha to Matara – Rs. 500/- Sri Lanka Transport Board (SLTB) formally known as CTB …Read the Rest

First Capital Equity Fund – Start your Unit Trust fund from Rs. 1,000/-
Colombo Stock Exchange Trade Summary

First Capital Equity Fund – Start your Unit Trust fund from Rs. 1,000/-

This new open ended fund will invest in shares that are listed on the Colombo Stock Exchange and it is …Read the Rest

Free Wi-Fi  around Colombo – Now Viharamahadevi Park covers Free WiFi
Business News

Free Wi-Fi around Colombo – Now Viharamahadevi Park covers Free WiFi

The Colombo Municipal Council (CMC) had taken measures to install a Wi-Fi zone at the Viharamahadevi Park to provide free …Read the Rest

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