Business

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1, decreased marginally to 6.7% in August 2021 from 6.8% in July 2021. This decline was entirely due to the…

The Embassy of Sri Lanka in Jakarta is pursuing business opportunities with the Chamber of Commerce and Industry (KADIN) in South Sulawesi Province, Indonesia. The Ambassador of Sri Lanka to Indonesia Yasoja Gunasekera had a…

The government must come up with an ‘attractive incentive package’ to woo Sri Lanka expatriates to invest in Sri Lanka through their relatives living here. This scheme can attract over USD 500 million to Sri Lanka annually, said…

SALA Global (Pvt) Ltd have joined hands with Laksala to take their products globally by having their showrooms and using their IT knowledge after observing the destitute situation of artisans and craftsmen in the country due to the…

DFCC Bank has increased the advances of its “DFCC Ranwarama” Pawning Facility as a solution for families to meet their urgent cash requirements, as families are experiencing financial difficulties due to the Covid-19 outbreak that has…

YTD US proceeds up by 15.3 % to US$ 1,905.02 mn: Returns from the Netherlands and Canada increased by over 50%: Sri Lanka’s merchandise exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 million as compared to…

In recognising the hard work and untiring dedication by the front-line health workers, SLT-MOBITEL, the National ICT Solutions Provider announced the launch of ‘Suvaviru Upahara’, a free connectivity offer designed to empower health…

Power generation in Sri Lanka has headed upwards over the years as defensiveness made the sector resilient against economic fluctuations according to Utilities Sector (Renewable Energy) “GREEN ENERGY; POWERING THE TRANSITION” Report…

Aeroflot-Russian Airlines will be resuming its flight operations to Colombo from Moscow from November 4, 2021 Airport and Aviation Services (Sri Lanka) (Private) Limited. The airline will operate two flights per week and wil…

A recent study on the House Price Index developed by LankaPropertyWeb which is based on the asking prices of its listings revealed that overall residential land prices (per perch) had soared by 44.19% from Q2 2020 to Q2 2021. 4 bedroom…