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South Asia's first Disneyland to come up in Bopita Leisure Park

Sri Lanka, April 8 -- Sri Lanka will build South Asia's first Disneyland in the proposed Bopitiya leisure Park which will be created by Korea Cavitation Co. a company with Investments from Malaysia an... Read More


Janatha Estates Development Board to re-launch Jana Tea, boost revenue

The Government, April 7 -- owned Janatha Estates Development Board (JEDB) will re-launch their flagship brand Jana Tea and will also introduce tea bags. Chairman, JEDB, Rtd. Wg. Cmdr. Buwaneka D. Abe... Read More


Chrissworld, first SME to list at CSE

Sri Lanka, April 6 -- Chrissworld Limited will become the first SME Company in Sri Lanka to obtain regulatory approval for a listing on the Colombo Stock Exchange. This is happening after 100 years s... Read More


JEDB turns to profitable path

Government, April 5 -- owned Janatha Estates Development Board" (JEDB) which was making huge losses and depended on government Treasury handouts for many years has made a dramatic U-turn and is on its... Read More


'Uncalled for imports, major reason for currency depreciation'

Sri Lanka, April 1 -- Uncalled for imports for consumption was one of the major contributors towards the depreciation of the Sri Lankan rupee, Minister of Media Keheliya Rambukwella addressing the lau... Read More


'New demand for retired teachers to offer online education'

With the COVID, March 29 -- 19 pandemic, demand for online education has increased and there is a new demand for retired teachers who have now moved in to providing online education solutions. Vice P... Read More


Four techno parks to be established, first this year

Sri Lanka, March 25 -- Sri Lanka will set up four techno parks this year and all the preliminary work for the establishment of these parks including land acquisition for them have already been complet... Read More


Locally assembled ultra-modern low floor buses in market by October

Sri Lanka, March 24 -- Lanka Ashok Leyland has commenced the assembly of low floor ultra-modern buses in Sri Lanka at their auto assembly plant in Jalthara, Homagama. "We have also commenced one asse... Read More


Govt. aims at 3.6% growth in 2021 and 6.6% thereafter - Cabraal

Sri Lanka, March 22 -- Sri Lanka will achieve a 3.6% economic growth rate in 2021 and thereafter will maintain a 6.6% growth from 2022, said State Minister of Money & Capital Market and State Enterpri... Read More


Lanka IOC's Rs 400 mn grease manufacturing plant to open in May

Sri Lanka, March 22 -- Lanka IOC PLC will invest Rs. 400 million to build a grease manufacturing plant, in Trincomalee. Over Rs. 300 million has been invested for the project so far and the opening sc... Read More