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BOI introduces series of novel techniques to digitally promote FDI to Sri Lanka

BusinessTags: Print EditionBOI has placed emphasis on digitalization and has introduced a series of novel techniques to digitally promote FDI to Sri Lanka. This will also help to better Sri Lanka’s ‘Ease of Doing Business’ ranking as…

HIP breaks new ground in RO-RO transshipment

BusinessLuxury BMWs waiting in the RORO yard for transshipment.Tags: Print EditionThe Hambantota International Port (HIP) handled over 900 units of the latest BMWs transshipped from the Port of Koper - Slovenia to the Port of Pyeongtaek in…

“Sri Lanka now on right path of economic stabilization”

Taking account of past lessons and mistakes:BusinessState Minister of Finance Shehan Semasinghe at the event in USATags: Print EditionBy properly recognizing past mistakes and lessons learnt, Sri Lanka is now committed to carrying out…

NDB crowned as the Most Awarded Corporate in Sri Lanka for the Second Consecutive Year

BusinessTags: Print EditionNational Development Bank PLC emerged as the most awarded corporate in Sri Lanka for 2022 as per annual rankings issued by the Sri Lankan business publication the LMD. This marks the second consecutive year that…

Asia’s growth will outpace both the U.S. and Europe this year – Morgan Stanley

BusinessTags: Print EditionAsia’s economic growth will outpace both the U.S. and Europe this year, led by strong domestic demand, according to Morgan Stanley. “The big argument that we’ve been making for Asia, including Japan, to outperform…

Indian aviation sector to gets more space as Lanka amends aviation law

BusinessTags: Print EditionNew Delhi: With the cabinet giving the go-ahead to amend the country’s civil aviation law, Sri Lanka may allow the participation of private companies in ground handling at their airports. The law will allow…

Ceylon Chamber mobilises Corporate Sector Support for Suwa Seriya Ambulances

BusinessTags: Print EditionThe Ceylon Chamber of Commerce successfully facilitated the adoption of 105 Suwa Seriya ambulances, valued at Rs.525 million, to support Sri Lanka’s healthcare system. Suwa Seriya is a pioneering ambulance service…

Time to change perspective on public debt and its policies – Semasinghe

BusinessTags: Print EditionState Minister of Finance Shehan Semasinghe emphasized that it’s time to change the perspective on public debt and its policies, so as to enable developing countries to overcome current challenges, foster…

USAID grant to develop two battery swapping stations for electric two-wheelers

BusinessSling Mobility (Pvt.) Ltd. General Partner Love Yadav (right) discusses with USAID officials and USAID’s Sri Lanka Energy Project the company’s plans to develop and operate E-vehicle battery swapping stationsTags: Print EditionThe…