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Category: Business News

  • Sri Lankan boat building industry under BOI – A Review

    Sri Lanka has a proud history of boat building. From the ancient times Sri Lanka was considered as a nation that had mastered the science of boat building and the country was a maritime hub of the ancient world. The island therefore does have a natural advantage to become the hub for boat manufacturing in…

  • Government looking forward to replace the fleets of Srilankan Airlines

    The heavy expenditure incurred in repairing the existing fleet of aircraft belonging to Sri Lankan Airlines had contributed significantly to its losses in the past. Stated by Minister of Civil Aviation Priyankara Jayaratne in Parliament. He stated there is a upgrading of entire aircrafts is expected to be within 5 years to mitigate losses and…

  • Pay your Colombo Municipal Council taxes via www.cmc.lk

    Why still in the Queue. Now you can login to Online Payment through www.cmc.lk, Pay Your Rates from home save your valuable time enter into a brighter city. You can use any Credit Card or Dialog ezcash mode to pay online. The online payments are available for the below taxes, Property Tax Trade Tax Tax…

  • Dialog announces own branded 4G-LTE Smartphone (Dialog 4G LTE Smartphone)

    As the premier connectivity service provider Dialog Axiata and keeping with its tradition of first in-to the market will launch a 4G-LTE enable Dialog Smartphone to its own-brand device range. The Q143L, the latest addition to the portfolio which is becoming increasingly popular amongst Dialog customers, combines a rich user-experience and offers the best value…

  • Yala Official Website is Launched – http://yalasrilanka.lk

    The official website for Yala National Park was launched by the Department of Wildlife to coincide with the first-ever World Wildlife Day. The in-depth, one-stop info cum conservation catalyst on the cutting-edge of web technology was launched by the Minister of Wildlife Resources Conservation Gamini Vijith Vijayamuni Zoysa at a special event to mark the…

  • Sixt Rent a Car enters Sri Lanka with Prestige Group

    Sixt rent a car officially launched its Sri Lanka operation at a ceremony at its offices at Rajagiriya on Tuesday. Founded in Munich, Germany, Sixt rent a car is among the most renowned global mobility solutions providers. With an extensive network across Europe and across the globe, Sixt continues to offer competitively low rates, quality…

  • French business delegation keen on urban infrastructure development

    Representatives from a ten member business-delegation visited Colombo on March 4 and 5 . This business delegation comprised of French companies in the field of urban infrastructure, especially transport. French companies present in India and Singapore were also represented during this mission. Participating French companies included Alstom Transport, Bouygues Batiment International, Dassault Systemes, DTP Terrassement.…

  • New Academic Programme in Applied Banking & Finance from Institute of Bankers of Sri Lanka

    The Governing Board consisting of high ranking banking professionals having reviewed the new skills required for banking and finance businesses in the new economy decided to launch the following new academic programme in Applied Banking and Finance linked to a graduate programme with internship in banks and financial institutions to be introduced towards end of…

  • Sri Lanka Development Bonds issue on

    The Central Bank on behalf of the Government will issue Sri Lanka Development Bonds (SLDBs) of US Dollars 60 million in 3 year tenors to eligible investors for subscription at a rate of US Dollar 6 month LIBOR plus a margin to be determined through competitive bidding. The offer was opened from March 3 for…

  • Lanka aims for US$ 4.2 Billion tourism revenue

    Sri Lanka is aiming to generate revenue in the excess of US$ 4.2 billion from tourism in 2016. In addition the island will also look at attracting 2.5 million arrivals for 2016. These would be more than a 50% increase of revenue and arrivals from the 2013 figure. This target was spelt out by Dr.…