Shirajiv Sirimane

Port City to bring economic benefits for entire country’

Colombo Port City project will bring in far reaching economic benefits to entire Sri Lanka and especially to the Colombo business community.Chairman Colombo Business Association Ariyaseela...

Port City under local jurisdiction

State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal yesterday dismissed allegations that the Colombo Port City would be a “Chinese...
New Sri Lanka Tourism Authority on the cards

The silent scuffle between travel industry stakeholders and Sri Lanka Tourism erupted and came into the open with Tourism Minister Prasanna Ranatunga last week obtaining...
South Asia’s first Disneyland to come up in Bopita Leisure Park

Sri Lanka will build South Asia’s first Disneyland in the proposed Bopitiya leisure Park which will be created by Korea Cavitation Co. a company with Investments from...
Janatha Estates Development Board to re-launch Jana Tea, boost revenue

The Government-owned Janatha Estates Development Board (JEDB) will re-launch their flagship brand Jana Tea and will also introduce tea bags.Chairman, JEDB, Rtd. Wg. Cmdr....

Chrissworld, first SME to list at CSE

Chrissworld Limited will become the first SME Company in Sri Lanka to obtain regulatory approval for a listing on the Colombo Stock Exchange.This is happening after 100 years since the establishment...
JEDB turns to profitable path

Government-owned Janatha Estates Development Board” (JEDB) which was making huge losses and depended on government Treasury handouts for many years has made a dramatic U-turn and is on its way to...
Tourism to reopen allowing vaccinated guests into country

Minister of tourism Prasanna Ranatunga receives a token of appreciation from, State Minister of Gem and Jewellery related Industries and Prison Reforms, Lohan Ratwatte looked on by Kimarli Fernando...
Gem and jewellery exporters to be allowed vehicle importation

The government will allow the import of vehicles for any person in the Sri Lanka gem and jewellery sector who bring in foreign exchange to the value of USD 100,000 said State Minister of Gem and...
‘Uncalled for imports, major reason for currency depreciation’

Uncalled for imports for consumption was one of the major contributors towards the depreciation of the Sri Lankan rupee, Minister of Media Keheliya Rambukwella addressing the launch of a special...
‘New demand for retired teachers to offer online education’

With the COVID-19 pandemic, demand for online education has increased and there is a new demand for retired teachers who have now moved in to providing online education solutions.Vice President -...
Four techno parks to be established, first this year

Sri Lanka will set up four techno parks this year and all the preliminary work for the establishment of these parks including land acquisition for them have already been completed. These parks will...
Locally assembled ultra-modern low floor buses in market by October

Lanka Ashok Leyland has commenced the assembly of low floor ultra-modern buses in Sri Lanka at their auto assembly plant in Jalthara, Homagama.“We have also commenced one assembly line and the new...
Govt. aims at 3.6% growth in 2021 and 6.6% thereafter - Cabraal

Sri Lanka will achieve a 3.6% economic growth rate in 2021 and thereafter will maintain a 6.6% growth from 2022, said State Minister of Money & Capital Market and State Enterprise Reforms, Ajith...
Lanka IOC’s Rs 400 mn grease manufacturing plant to open in May

Lanka IOC PLC will invest Rs. 400 million to build a grease manufacturing plant, in Trincomalee. Over Rs. 300 million has been invested for the project so far and the opening scheduled for early this...
Patented Cinnamon cigarettes introduced to the World

Creating history in the world cigarette industry, Sri Lankan patented Cinnamon cigarettes under the brand name ‘Lion Heart’ were officially launched in Colombo yesterday.Minister of Industries Wimal...
Ruwan Paul to promote powerlifting in Sri Lanka

In a bid to give due recognition to the sport of Powerlifting a Sri Lankan dual citizen now based in Australia has launched a mega drive to popularize it in the island.“Sri Lankan history talks of...
TRC to commence 5G spectrum auction by year end

The Telecom Regulatory commission (TRC) will commence the 5G spectrum auction by the end of the year, TRC Director General, Oshada Senanayake said at an event where HUTCH for the first time...
Local motor industry targets USD 1.5 bn export revenue

The government temporarily halted the import of vehicles not to create any hardships to the public but to create a new business vertical from Sri Lanka in the automobile sector, said Prime Minister...
Locally assembled KUV 100 Electric car to market this year

Sri Lankan automobile industry will create history at the end of this year when the country will roll out its first locally assembled KUV 100 Electric car to the market.Mahindra & Mahindra India...