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Tag: Sri Lanka 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 October 30, and the last flight from Paris to Colombo on November 6. Sri Lankan Airline publish a statement stated that the Government of Sri Lanka has made it clear that it will no longer…

  • Nurse Job in UK for Srilankan Nurses

    Health Minister Dr. Rajitha Senaratne stated to the media that Sri Lankan nurses will be trained at the British Council and provided jobs in the UK, He further said that arrangements have also been made to provide jobs for nurses in the US, through a private nursing faculty. Minister assure that the nursing faculty will…

  • Life Expectancy of Sri Lanka has increase to 72 & 78.6 in 2016

    Department of Census and Statistics announces that the life expectancy of Srilankan males and females has increased since 2001. The new life expectancy of Srilankan male is 72 years and female is 78.6 years which were 68.8 and 77.2 in 2001. it is observe srilanka is emerging towards elder generation and it is government responsibility…

  • 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 7 years operation. Finance Ministry said it had been given a Rs. 15 Billion letter of comfort in 2015 to continue its operations and the ministry is expected to reduce losses to Rs. 938 million,…

  • 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 Development Bond. This Sri lanka Development Bond is a Risk – free, Tax – free, Higher rates than bank deposits and  its available for the period of 3Months, 6 Months, 1Year and 2 Years. Eligibility…

  • 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 domestic air travel in the country very soon. As per the budge reading there are 4 new airports to be build in Srilanka for focusing more into tourism and local transport. Such as Haputale, Puttalam,…

  • 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 International Airport (BIA) at a cost of Rs. 65 billion. He further state that the present terminal building can accommodate only six million passengers. Where the BIA capacity is not sufficient to handle all passenger…

  • 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 & key industry leaders at the Post-Budget forum. Take part of this forum and knew unseen background of Budget 2016 and thoughts of industrial leaders. Date: 24th November 2015 Time: 9am to 12pm Venue: Hotel Galadari…

  • 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 at the Mattala airport in Hambatota. SriLankan Airlines Chairman Ajith Dias states proposal for an MRO at the Mattala international airport was in the pipeline for several years but it never got off. We are…

  • 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 for a township development project to the value in excess of USS 5 billion. The team met senior officials of the Megapolis Authority last week and informed that they are here on a fact finding…