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Travel to open up further on bubble principle

Sri Lanka, Jan. 13 -- Sri Lanka will adopt less strict procedures on foreign travellers but try to ensure that they remain within 'bubbles' to prevent the risk of contagion. The country will not enfor... Read More


Apparel industry needs smooth supply chain movement

Sri Lanka, Jan. 8 -- The apparel sector requires that supply chains remain open for manufacture and thereby protect livelihoods. MAS CEO Suren Fernando said the sector is finding it hard to maintain m... Read More


Market ASPI index crosses 7,000

Sri Lanka, Jan. 7 -- The Colombo Stock Exchange All Share Price Index crossed 7,000 yesterday. There were 39,118 trades and turnover crossed Rs 7 billion. The movement in the market was driven mostly ... Read More


Central Bank to continue policy mix in 2021

Sri Lanka, Jan. 5 -- The Central Bank of Sri Lanka is aiming to continue the current policy mix in 2021. The governor noted that interest rates (both borrowing and saving) would remain in single-digit... Read More


Part divestment of ECT could deny State benefits - PNF

Sri Lanka, Jan. 1 -- The part divestment of the East Container Terminal (ECT) is expected to limit the capacity of the state to reap the benefits of the ending of the leasehold on the adjacent South A... Read More


Sri Lanka needs to invest in water - ADB

Sri Lanka, Dec. 22 -- Sri Lanka has been ranked in the second-lowest tier of the water security metric as measured by the Asian Development Bank in its Asian water development outlook 2020. Sri Lanka... Read More


PNF willing to collect funds to develop ECT

Sri Lanka, Dec. 22 -- The Professionals National Front (PNF) said that they were willing to nationally raise the funds required to develop the East Container Terminal if the government was not able to... Read More


'Belt and Road initiative strong despite COVID'

Sri Lanka, Dec. 22 -- The Belt and Road Initiative has not been deterred by the COVID-19 pandemic. Most projects under the scheme have continued. Chinese Charge d'Affaires to Malaysia Tang Rui said, d... Read More


Proposed Stock market developments in next couple of months - Cabraal

Sri Lanka, Dec. 21 -- The proposed stock market developments will take place in the next few months according to State Minister of Capital Markets Ajith Nivard Cabraal. The stock market was characteri... Read More


Millennials expected to be first travellers post COVID-19

Sri Lanka, Dec. 16 -- CEO, E Tourism Frontiers Damian Cook noted that the tourism industry expects millennials to be the first group of people to begin travelling again post-pandemic. Cook noted that ... Read More