Business News
Cisco partners Cyber Security Summit for seventh consecutive year
For the seventh consecutive year, Cisco – worldwide leader in IT – has signed up as the Principal Partner for Sri Lanka’s premier annual Cyber Security Summit 2019 edition.
Ruhunu Economic Development Corporation Bill gets shot down by SC
The Supreme Court has determined that proper procedure was not followed when placing the Ruhunu Economic Development Corporation of Sri Lanka Bill in the Order Paper of Parliament.
SL needs recalibration for growth leap: PM
Prime Minister Ranil Wickr-emesinghe yesterday said that for Sri Lanka to see exponential growth, it has to make a clean break from the inward-looking policies of the past, recalibrate and move towards increased productivity and competitiveness, underpinned by a new system of governance.
Biz leaders urge clear direction to face global challenges
Key business leaders reiterated the need for maintaining policies, diversifying exports, expanding the tourism industry and increasing trade links for Sri Lanka to successfully face the global challenges and to build the economy in the next decade.
Live auction for SriLankan Airlines’ Business Class upgrades
SriLankan Airlines introduced live auction for Business Class seat upgrades from yesterday, aimed at providing more convenient options for its passengers to enjoy premium comforts by the National Carrier which is a member of the oneworld alliance.
Sri Lanka’s leading Economic Summit opens today
The country’s foremost economic event, the Sri Lanka Economic Summit (SLES) 2019, kicks off at the Cinnamon Grand Colombo today. The two-day event is themed around ‘Re-calibrating Sri Lanka’s Economic Trajectory Towards 2025,’ to guide Sri Lanka’s journey towards development and prosperity.
Politics not a deterrent to investment: Malik
International Trade and Development Strategies Minister Malik Samarawickrama yesterday called for investors to not be deterred by Sri Lanka’s political situation and continue to consider it as an attractive investment destination.
Micro Cars Ltd lunches MG HS Next “Mighty Revolution”
“Micro Cars” together with SAIC Motors has once again made history by introducing the first of its next generation vehicle lineup, “The All new “Mighty MG HS””, a SUV very much larger in size and loaded with latest features than the ZS.
Eminent economist says ministry decision-making process in “utter shambles
With elections in the near future and no sign of a take-off, Sri Lanka is faced with a choice between continued dysfunction and continued incompetence where the role of the State is too large and the role of markets too restricted.
Colombo Water Supply Project comes to halt
The Colombo Water Supply Service Improvement Project has been halted temporary as the financial allocation from the 2019 budget has been exhausted, official sources said.