Apr 16, Colombo: Sri Lanka’s national carrier, SriLankan Airlines on Monday said it had achieved a record un-audited annual passenger revenue of Rs. 126.9 billion (US Dollars 830.7 million) for its just ended financial year of 2017/18 – the highest ever in the Company’s 38-year history. The revenue …
Apr 13, Colombo: China Communication Construction Company (CCCC) will invest US$800 million to build an underground road network to Sri Lanka’s $1.4bn Port City, Minister of Megapolis and Western Development, Patali Champika Ranawaka has said. The plan is aimed at alleviating traffic …
Apr 13, Colombo: The Central Bank of Sri Lanka on behalf of the Sri Lankan government has launched two US$ 1.25 billion International Sovereign Bond issue, the Central Bank said Thursday in a release. On April 11th 2018, the Central Bank on behalf mark…
Apr 10, Colombo: The highest foreign direct investment in the history of Sri Lanka has been recorded during the year 2017, according to the Finance Ministry. The foreign direct investments received by the country during 2017 is around US$ 1.9 billion (…
From left: Lakshan Madurasinghe-Country Public Affairs and Communication Manager, Coca-Cola Beverages Sri Lanka Limited, Ishteyaque Amjad-Vice President, Public Affairs & Communication, Coca-Cola India & South West Asia, T. Krishnakumar–Preside…
The United States president, Donald Trump reauthorised special trade tariffs for a number of countries, including Sri Lanka. Signing the US Omnibus Spending Bill on March 23, Mr Trump ensured GSP was authorised until December 2020. The previous program…
Mar 27, Colombo: The Government of Sri Lanka intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in US Dollars or Japanese Yen or Euro or their combinations up to 1,000 million dollars or its equivalent in 2018. The FTFF is e…
Mar 23, Colombo: The issue of Sri Lanka Development Bonds (SLDBs) for US$ 125 million has been oversubscribed with total bids received amounting to US$ 343 million, the Central Bank said on Friday. The Central Bank on behalf of the government offered t…
A joint delegation of the Tamil National Alliance (TNA) and the Global Tamil Forum (GTF) visited the United States of America at a time when Sri Lanka was under scrutiny at the UN in Geneva, with appointments secured from the highest levels of authorit…
COLOMBO (Reuters) – Sri Lanka’s opposition legislator Namal Rajapaksa, the eldest son of Sri Lanka’s former leader Mahinda Rajapaksa, on Thursday said he was not allowed to enter the United States despite having a valid visa. Namal, who was in Russia to monitor the presidential election, was to fly …