Sri Lanka – NORDIC Business Council of Ceylon Chamber of Commerce holds AGM

”Royal Norwegian Embassy look forward to continuing the partnership with the Sri Lanka - NORDIC Business Council and supporting Sri Lanka...

WB board approves $12bn for COVID-19 vaccines, treatments in developing countries

The World Bank said its executive board approved on Tuesday $12 billion in new funding for developing countries to finance the...

CEAT Kelani production surge boosts earnings of local rubber industry

Company says September rubber purchases alone will generate revenue of Rs 150 million for producers Increased production to...

Plans afoot to produce 50% of country’s pharmaceuticals requirement locally

The Government plans to produce 50% of the country’s requirement of pharmaceuticals locally within the next three years, the President’s Media Division...

Sri Lanka drops 12 places to be ranked 101st in Global Innovation Index 2020

Sri Lanka has dropped 12 places to be ranked 101st  in the latest Global Innovation Index 2020 from last year’s 89th...

Global smartphone sales plunge 20% in Q2: Gartner

The COVID-19 pandemic continued to impact the global mobile phone industry, as worldwide sales of smartphones to end users totalled 295...

Slowdown in land price rise in Colombo

The Land Valuation Indicator (LVI) for the Colombo District compiled by the Central Bank of Sri Lanka reached 141.6 during the...

Sri Lanka to Become South Asia’s LNG Hub

Pearl Energy (Pvt) Ltd., signed the agreement with the Board of Investment of Sri Lanka to launch ‘Hambantota LNG Hub’ –...

Govt. plans to increase dairy production to meet local demand

Economic Revival and Poverty Alleviation Task Force Chairman Basil Rajapaksa yesterday said that the Government will increase dairy production to meet...

Sri Lanka vehicle imports drop by 80.9% in June due to import restrictions

Expenditure on motor vehicle imports declined considerably by 80.9% while import of home appliances declined led by refrigerators and televisions during...

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IIHS promotes Sustainable Living through “Giving Back to Nature” Concept

International Institute of Health Science (IIHS), Sri Lanka’s premier and leading healthcare education institute renowned for the high-quality education in Sri...

Second wave intensifies pressure on Sri Lanka Finance and Leasing companies: Fitch

The risk of a second coronavirus wave, together with weak borrower sentiment in an already fragile operating environment, would put further...

MoU between University of Moratuwa and Aalto University, Finland

The Cabinet of Ministers has granted approval for the University of Moratuwa and the University of Aalto in Finland to enter...