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At least 55 State Owned Enterprises (SOE) including five key institutions are running at a staggering loss and the government is looking the option of privatizing (Public Private Partnership-PPP) some of those.

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Sri Lanka’s first footwear and leather industry hub is coming up–and it’s the Eastern Province that shall be hosting it.

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BAIC A Fortune 500 company established in 1958, has made their way to the shores of Sri Lanka with the entrance of two of their highest selling Car models X25 SUV, D20 Sedan along with their very New Electric (EV) Car Model EC 180 .

Friday, 03 February 2017 20:45

National Strategy for Exports.

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The Export Development Board EDB has initiated action on the preparation of a National Export Strategy NES for the next five years.

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Though the European Commission (EC) fish ban imposed on Sri Lanka in 2015 was lifted last year by the EU, Sri Lanka has not yet reaped benefits from it.

Friday, 03 February 2017 18:18

EDB to prepare National Export Strategy

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The Export Development Board (EDB) has initiated action on the preparation of a National Export Strategy (NES) for the next five years.

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Hopeful over proposed National Tax Council, insists on providing it with mandate to advise Govt. on policy framework
Says reintroduction of the WHT would have negative impact on economy

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Healthy performance across its logistics sector resulted in Expolanka Holdings Plc posting revenue of Rs. 17.1 billion during the third quarter of 2016,

Thursday, 02 February 2017 08:49

Stock market down on political worries

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Reuters: Shares slipped in thin trading on Wednesday and closed near a 10-month low hit last week on political worries and fears over further interest rate hikes, brokers said.

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