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General Industry

Sri Lanka makes ceramic components for New Zealand tech company

Royal Fernwood Porcelain Limited, manufacturer of porcelain tableware said it had begun producing engineering components...

February 7, 2021 2 min read

Sri Lanka's Piramal Glass Ceylon net up 60-pct

Sri Lanka's Piramal Glass Ceylon Plc, said profits rose 60 percent from a year ago to 378 million rupees in the December...

February 4, 2021 1 min read

Sri Lanka's Global Rubber Industries adds agricultural tyre capacity

Sri Lanka's Global Rubber Industries said it is adding an agricultural tyre palnt that will take its capacity to 750,000...

January 23, 2021 2 min read

Sri Lanka state land on 30-year lease to Pelwatte Milk

Sri Lanka's cabinet of ministers had approved the transfer of 22 hectares of state land to Pelwatte Milk Industries Ltd,...

January 17, 2021 1 min read
Sri Lanka to give defunct state paper factory, 111-acre land on 30-year lease

The cabinet of ministers had approved a proposal by Industries Minister to formally lease the land

Sri Lanka's Kelani Tyres to invest Rs3.2bn expand radial tyre capacity

To boost capacity in car, SUV and motorcycle tyre

Sri Lanka’s Dipped Products December profits double amid capital gain

Sri Lankan glove maker Dipped Products said net profit shot up 266 percent to 766 million rupees in the December 2018 qu...

January 31, 2019 1 min read

Sri Lanka SOE sells Zircon, mineral sands

State-run Lanka Mineral Sands will sell 40,000 metric tonnes of non-magnetic heavy mineral concentrate to Alchemy Heavy ...

January 26, 2019 1 min read

Political crisis seen delaying Iluka mining investment in Sri Lanka

ECONOMYNEXT - Australian mineral sands miner Iluka Resources Ltd. has said Sri Lanka’s recent political crisis co...

January 25, 2019 2 min read

Industrial production in Sri Lanka slows amid political crisis in Nov

Industrial activity in Sri Lanka has slowed in November with lower food production and despite growth in apparel manufac...

January 14, 2019 2 min read

Eco Spindles says recycling 20-pct of PET bottles in Sri Lanka

Eco Spindles (Pvt) Ltd, a unit of Sri Lanka based BPPL Group, says it is recycling 20 percent of Sri Lanka's used plasti...

January 9, 2019 2 min read

IV fluids plant to be set up in Sri Lanka industrial park

ECONOMYNEXT – An intravenous (IV) fluids manufacturing plant is to be set up in an industrial park in central Sri...

December 21, 2018 1 min read

Sri Lanka industrial activity up 2.8-pct in October

ECONOMYNEXT- Industrial activity in Sri Lanka grew 2.8 percent from a year earlier in October 2018 with growth across mo...

December 17, 2018 1 min read

Sri Lanka industrial production down 0.7-pct in Sept

Sri Lanka's industrial production in September 2018 fell 0.7 percent from a year earlier with declines in food manufactu...

November 10, 2018 1 min read

Sri Lanka’s Haycarb Sept net profit up 56-pct

Sri Lankan coconut shell-based activated carbon maker Haycarb said net profit rose 56 percent to 203 million rupees in t...

November 9, 2018 2 min read

Sri Lanka’s Piramal Glass in Sept quarter loss as costs rise

ECONOMYNEXT - Sri Lanka’s Piramal Glass Ceylon said it made a loss of 8.5 million rupees in the September 2018 qu...

October 30, 2018 2 min read
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Sri Lanka industrial production picks up 0.4-pct in August

Sri Lanka's industrial production increased 0.4 percent in August 2018 from a year earlier, driven by... the state stati...

October 17, 2018 2 min read

Sri Lanka state drugs maker doubles capacity with Japanese aid

ECONOMYNEXT - Sri Lanka's State Pharmaceutical Manufacturing Corporation (SPMC) is expected to double annual production ...

October 15, 2018 1 min read

Sri Lanka tariffs, land stumbling blocks for factories

State regulations, protectionist para-tariffs and lack of industrial land in Sri Lanka has stopped competitive new indus...

October 6, 2018 3 min read

Sri Lanka sees more FDI firms exiting than entering: study

ECONOMYNEXT - Many firms registered with the Board of Investment which regulated foreign investments have exited Sri Lan...

September 20, 2018 4 min read

Sri Lanka manufacturing index grow 1.1-pct in July

Industrial production activities in Sri Lanka during July 2018 grew by 1.1 percent compared to a year earlier, an index ...

September 13, 2018 1 min read

Ceat Kelani gets Sri Lanka state bus service tyre deal

ECONOMYNEXT – Ceat Kelani International Tyres Private Ltd. has won a contract to supply new tyres for the governm...

September 5, 2018 1 min read

PVC pipe maker to focus on projects after Sri Lanka retail market losses

Sierra Industries (Pvt) Ltd, a unit of publicly traded Sierra Cables Plc, which makes water pipes, says it is focusing o...

September 4, 2018 2 min read

New businesses to add over 1,300 jobs in northern Sri Lanka

ECONOMYNEXT – Fourteen new businesses coming up in northern Sri Lanka will create over 1,300 jobs in the former w...

September 3, 2018 3 min read

Sri Lanka 's Lion Brewery June net up 134-pct

Profits at Sri Lanka's listed Lion Brewery grew 134 percent from a year earlier to 737.7 million rupees in the June 2018...

August 15, 2018 2 min read

Sri Lanka Index of industrial production up 0.4-pct in June

Production in Sri Lanka’s industrial sector increased by 0.4 percent in June 2018 from a year earlier, data from ...

August 13, 2018 1 min read
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