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Monday June 3rd, 2024
Business

Sri Lanka merger of Ceylon Fertilizer, Colombo Commercial Fertilizer offers VRS scheme

Voluntary retirement scheme to be offered to 267 employees at a cost of 844 million rupees during the amalgamation

May 28, 2024 1 min read

Sri Lanka plantations say state 'arbitrary' wage order will de-stabilize tea sector

Plantations say cost increase Rs35bn a year from mandated wages

May 28, 2024 5 min read

Sri Lanka govt to take over tea estates that don't increase worker wages

Separate discussions have been held with estate owners and labour unions, he said.

May 27, 2024 3 min read

IORA Biz Conclave in Sri Lanka to focus on Blue Economy, SMEs

Innovative financial approaches and private sector leadership are essential for a sustainable future

May 27, 2024 2 min read
Sri Lanka moves to ban 'Happy Hour' leave hotels staggered

The Happy Hour is not only found in Sri Lanka. It is across the world

Sri Lanka tourists to get 60-day visa free entry to Thailand

The visa will also allow foreign students of higher education to stay for one year after graduation and work

Sri Lanka Navy nabs fishermen engaged in illegal fishing

Navy operations to combat illegal fishing with a view to supporting legal fishing activities

Nethmi Rajawasam
May 18, 2024 1 min read

Sri Lanka's ‘Sancharaka Udawa’ tourist fair seeks to involve universities

“Several universities were given free stalls to facilitate student interaction with industry professionals,”

Apsara Rodrigo
May 18, 2024 1 min read

Sri Lanka mulls mandating prices for shopping bags in supermarkets

Supermarkets may start charging for bags

May 18, 2024 1 min read

Fonterra to exit or sell down Sri Lanka unit

To keep ingredient and food service supply divisions

May 16, 2024 2 min read

Sri Lanka's Industrial Development Boards signs deal to support MSMEs

IDB launching program for the development of micro, small and medium scale entrepreneurs

May 16, 2024 1 min read

Visiting China Garment Association members meet Sri Lanka firms

Objective of this high-level delegation was to bolster existing trade relations, explore fresh avenues of collaboration

May 15, 2024 1 min read

Sri Lanka defence university gets almost 1,000 applicants for medical degree

Sri Lanka’s cabinet approved paid medical degrees at KDU on April 2024.

Apsara Rodrigo
May 15, 2024 1 min read

Sri Lanka must modernise agriculture, reorient towards growing export markets: president

"They will have to be fed, and food will have to be supplied to a strong middle class in those regions."

May 15, 2024 2 min read

Sri Lanka coconut prices largely unchanged at auction

Wholesale prices were 95 to 110 rupees for large nuts and 85 to 90 rupees for small nuts

Apsara Rodrigo
May 14, 2024 1 min read

Sri Lanka unlikely to hold O/L English, Science exams again despite complaints: Minister

Reports have emerged of leakage of English paper, out side syllabus being included in Science

May 14, 2024 2 min read
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Ex-forces personnel being hired as estate managers a problem: Sri Lanka Minister

“What they do is for private estates, they will get a retired person from the army or the Police,”

Apsara Rodrigo
May 14, 2024 1 min read

Sri Lanka IORA Business Conclave to explore untapped markets

IORA Business Conclave 2024 on May 28 and 29 will focus on sectors significant to economy

May 13, 2024 1 min read

Sri Lanka expert panel reviews RPC land lease; Minister demands action

RPCs are already brought under Finance Ministry by President Wickremesinghe

May 13, 2024 2 min read

Sri Lanka BoI, Orion sign US$1.78mn deal to expand Orion Colombo, Orion Nest

Agreement with Board of Investment of Sri Lanka for US$1.78mn to expand Orion Colombo and Orion Nest

May 13, 2024 1 min read

Sri Lanka VFS Global visa deal despite IMF anti-corruption requirements: opposition

Having pledged all those new measures, and agreed to the IMF conditions, what does the government do?

May 13, 2024 4 min read

China Duty Free operations in Sri Lanka Port City planned in June: Minister

A cabinet paper relating to its operations has been submitted

May 12, 2024 2 min read

Sri Lanka tea prices rise for third straight week

However prices were down from March highs

Nethmi Rajawasam
May 12, 2024 1 min read

Sri Lanka’s April tourism revenue rise 52-pct

Sri Lanka's tourism industry recovering faster and outperforming

May 11, 2024 1 min read

Sri Lanka to end emission testing duopoly

State organizations like the Sri Lanka Transport Board can also do emission testing

May 9, 2024 1 min read

Sri Lanka COPF summons border officials over VFS Global visa crisis

Officials summoned tomorrow for "balanced examination in to the ongoing visa fiasco"

May 8, 2024 2 min read