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Jones Lang LaSalle (JLL), Sri Lanka’s leading real estate consulting firm, announced the appointment of Steven Mayes as full-time Managing Director of its Sri Lanka operations.

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Much boosted Sri Lankan Airlines three A 330 Aircraft wet lease deal with Pakistan International Airlines (PIA) signed in August last year came to an abrupt end on Friday 10.

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The National Aquatic Resources Research and Development Agency (NARA) yesterday reassured that the construction work on the Colombo Financial City in the sea off Galle Face

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Facing an immediate cash flow problem’, Sri Lanka government is to sell the country’s non strategic assets to mete out debt commitments of US $ 2.6 billion for 2017 or even a part of it this year.

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India has offered an opportunity for Sri Lankans contribute their share towards research and other educational activities India.

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Sri Lanka is moving away from taxpayer funded Public Private Partnerships (PPPs), which has been the norm, and switching to privately funded PPPs-and a domestic Infrastructure Corridor Development plan

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Sri Lanka is moving away from taxpayer funded Public Private Partnerships (PPPs), which has been the norm, and switching to privately funded PPPs-and a domestic Infrastructure Corridor Development plan

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Reuters: Shares closed slightly weaker on Thursday, snapping two straight sessions of gains and hovering near a more than 10-month closing low hit earlier this week, as concerns over rising market interest rates weighed on sentiment.

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The highly successful six-month commercial contract through which SriLankan Airlines ‘wet leased’ an Airbus A330-300 aircraft on a Aircraft, Crew, Maintenance and Insurance (ACMI) basis with Pakistan International Airlines

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The Central Bank has sought Cabinet approval to raise US$ 2.5 billion 2017 from a sovereign bond issue of US$ 1 billion and a syndicated loan of US$1.5 billion, Central Bank Governor Dr. Indrajit Coomaraswamy said yesterday.

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