Sri Lanka’s New MSME Recovery Regulations Unveiled
In an ambitious move to bolster economic support for MSMEs, the Central Bank of Sri Lanka is ushering in a new era of recovery regulations. With a keen focus on fostering business revival, these measures are designed to provide a…
4Q23 Business Conditions Peak Since 1Q22: CB Report
In a surprising twist of fate, Sri Lanka’s business landscape has catapulted to levels unseen since early last year. The latest Central Bank business survey unveils a substantial uptick in the 4Q23 economic analysis, painting a cautiously optimistic picture of…
Last year 183 ships arrive at Sri Lanka’s Hambantota port
Sri Lanka’s Ministry of Shipping and Ports says last year 183 ships arrived at the Magampura Mahinda Rajapaksha Port in Hambantota Port. Out of these ships, 175 ships were cargo ships. In 2017, 126,514 tonnes have been unloaded at the…
Ward Place closed due to students’ protest
Ward Place in Colombo has been closed for traffic from Town Hall due to a protest by university students, Ada Derana reporter said. The Inter University Students’ Federation (IUSF) organised the protest march in Colombo today (21), demanding solutions for…
Moon-Chan Kim in seek of commercial opportunities in Sri Lanka
Mr. Moon Chan Kim the Co-founder and technical adviser of E&D Co., Ltd, a company which provides environment and energy technology solutions. Its products include EnDsel-PF, a device that reduces the particulate matter, carbon monoxide, and hydrocarbon emissions from diesel…
Port City Colombo Breaks Ground for Premier Park
In an unprecedented move that paves the way for a transformative era in South Asia, the Port City Colombo development has officially launched the creation of its premier park, a landmark event signaling Sri Lanka’s ascent on the economic horizon….
TERROR IN SRI LANKA
In 8 coordinated attacks around Sri Lanka, 215 people were killed and 449 were injured. the death toll included 35 foreign nationals. the nationalities were USA, Denmark, Pakistan, India, Morocco, China, Japan and Bangladesh. 7 persons have been arrested and…
Diana Urges Fast Measures Against Visitor Business DEALINGS
Addressing an important Parliamentary session on March 20th, Sri Lanka’s State Tourism Minister, Diana Gamage, advocated for stronger enforcement of visitor visa regulations, and a decisive business activity crackdown. Her statement highlighted the urgent need for tourism policy enforcement to…
SriLankan Airlines Achieves Highest Ever Monthly Revenue in December
SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, achieved the highest ever monthly revenue in Company history in December 2017. The air-transport operation of the Company recorded a stand-alone revenue of US Dollar…
Growth of Digital Marketing In Sri Lanka
Back in the times of classic advertising, you needed to be concerned about digital marketing impressions and total return on investment (ROI) of your efforts, optimizing your job according to your limited funds and the limited options available. Technology has…
Business Alliance: Avoid English Bank Forms in Sri Lanka
The Sri Lanka United National Businesses Alliance (SLUNBA), advocates for secure transactions within the Sri Lanka banking sector, has been actively recommending the utilization of Sinhala agreement forms. This initiative is especially pertinent for SME banking in Sri Lanka, where…
Prime Office Solutions at Business Center at Port City
The landscape of Sri Lanka’s corporate offices is undergoing a transformative shift with the establishment of the Port City Business Center. This innovative business hub marks a new era in modern professionalism, offering prime office space that caters to the…
