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Aug 16, Colombo: The Sri Lanka – Singapore Free Trade Agreement (SLSFTA) signed in January this year can be amended within a year if it has any detrimental effect on…

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…

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,…

2024 Budget: Welfare & Revenue Goals in Sri Lanka

Sri Lanka faces a tough challenge in its 2024 Budget: aiming for a revenue target of 13.3% of GDP. The government seeks to balance economic recovery with fiscal health. This…

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…

Diverse Workplaces Spearhead Sri Lanka’s Recovery

A small fraction of Sri Lankans, only 3%, have insurance protection. This highlights a big chance for growth. An important part of this growth is promoting diverse teams in the…

2024 Budget Preview: Welfare & Revenue Focus

Sri Lanka is making a bold fiscal move aimed at a major revenue shift by March 2024. The country targets a 13.3% GDP growth, which is very ambitious. This is…

SL Aims for Significant Growth in 2024 Strategy

Sri Lanka is showing strong signs of economic recovery. This comes in the face of tough economic times. The country is aiming for big growth by 2024. This marks a…

Sri Lankan Airlines flight from London diverted to Frankfurt due to medical emergency

SriLankan Airlines flight UL504 en-route from London to Colombo with 268 passengers was diverted to Frankfurt airport last night due to a medical emergency, the airline said. The fight has…

‘ikman Pay’ assures customers of greater convenience and security across full range of online payment options

ikman.lk, Sri Lanka’s largest online marketplace recently introduced ‘ikman Pay’ providing customers’ greater convenience and enhanced security across all its online payment options. Any ikman.lk service or product that requires…

First all-female surf club is making waves in Sri Lanka

The Arugam Bay Girls Surfing Club in Sri Lanka is making waves, literally! The all-female surf club is shattering the stereotype that certain sports are meant only for men, and…

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…

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…

Singapore and Sri Lanka sign free trade agreement

COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries. The Sri…

Sri Lanka rupee appreciates against Ruble

ECONOMYNEXT The Sri Lankan rupee was badly hurt by liquidity injections and has risen sharply to 2.36 rupees for the Russian ruble, up from 2.66 earlier this week, following Vladimir…

The vaccines success story gives us hope for the future

the President Gotabaya Rajapaksa says that a catastrophic situation that could have developed in the country is being thwarted through the implementation of COVID-19’s vaccination program. Speaking at the High-Level…

Mass grave in Mannar in Northern Sri Lanka unearths 300 human skeletons

Jan 16, Colombo: Skeletal remains of 300 people and human bones have been unearthed as of today from the mass grave found in Mannar in Northern Sri Lanka after the…