Business

Sri Lanka is a humid tropical country with a two main monsoon seasons endowed with well distributed year-round rainfall. Tea is the only major perennial commercial economic crop grown widely in all three elevations and rainfall zones…

Since the first announcement in June 2020, expectations have been high on the potential of the Eravur Fabric Processing Park to catalyze a new era for Sri Lankan textile and apparel manufacture. Supported through the Ministry of…

Association for Social and Cultural Cooperation (ASLCSCC) hosted a webinar on Social and Economic Development of China to celebrate the 72nd National Day of the People’s Republic of China recently through Zoom Technology. Aruna…

Uplands Tea Factory- Galaha has achieved an All-time Record Price of Rs. 1,140/- per kg on a PEK1 grade in the Western Medium category, which was sold at the E-auction held on 28 th September 2021. Uplands Tea Factory is eminent…

The official opening of the Sri Lanka Pavilion was inaugurated at Expo 2020 Dubai on October 1. The opening ceremony featured a welcome procession with MagulBera song and a Traditional Kandyan Dance performance which was…

Environment Minister Mahinda Amaraweera emphasized the importance of strengthening the National Environmental Policy Act (NEPA) to minimize adverse environmental impacts in the country. He said the National Environmental Policy…

Venora Group of Companies Chairman Sagara Gunawardena yesterday called for the relaxation of Board of Investment regulations that limit the companies operating in Export Processing Zones from selling in the local market…

The Board of Investment (BOI), has approved USD 770 million worth of Foreign Direct Investments (FDIs) for the first six months of 2021 said Chairman BOI, Sanjaya Mohottala. In addition over 1.5 billion are in the pipeline and…