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Foreign institutions dump over $ 100mn of Sri Lanka bonds to start 2019

Sri Lanka, Jan. 18 -- Foreign institutional investors have continued to sell Sri Lanka's bonds and stocks, even after Sri Lanka's constitutional crisis has been resolved. Figures up until the 18th of... Read More


Opinion: Is GDP the ideal metric of the future?

Sri Lanka, Jan. 18 -- By Taamara de Silva In an age of stark contradictions, a world where the exclusive one percent enjoy access to an abundance of wealth and resources but also a world where a bill... Read More


Central Bank warns public of an ongoing phishing attempt targeting EPF

Sri Lanka, Jan. 18 -- Central Bank advice general public and institutions to be alert of a phishing attempt that has been initiated targeting mainly the financial institutions of Sri Lanka. "It has b... Read More


SriLankan fleet has one Airbus not in use; one engine fitted to another aircraft

Sri Lanka, Jan. 18 -- SriLankan Airlines revealed that its fleet has one Airbus A330-200 aircraft bearing the serial number MSN-1008 and CAASL registration number 4R ALS that is not currently being us... Read More


Govt calls for exploration bids in block M2, Mannar Basin

Sri Lanka, Jan. 18 -- Sri Lanka's government has called for international competitive bids for exploration and development activities in Block M2, Mannar Basin, the Petroleum Resources Development Sec... Read More


Fitch affirms SriLankan Airlines' govt guaranteed bonds at 'B'

Sri Lanka, Jan. 18 -- Fitch Ratings has affirmed SriLankan Airlines Limited's 175 million US dollars 5.3 percent government guaranteed bonds due 2019. The rating agency, however, said that the rating... Read More


Sri Lanka manufacturing activities decrease in Dec 2018

Sri Lanka, Jan. 18 -- Manufacturing activities increased at a slower rate in December compared to November mainly driven by the slowdown in employment and production, especially in manufacturing of te... Read More


British PM Theresa May survives no-confidence vote; Brexit talks to go ahead

Sri Lanka, Jan. 17 -- British Prime Minister Theresa May survived a no-confidence vote on Wednesday, a day after Parliament voted against the Brexit deal she negotiated with the European Union. After... Read More


Kavan Ratnayaka assumes duties as Chairman of Sri Lanka Ports Authority

Sri Lanka, Jan. 17 -- Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) today, 17.01... Read More


State vehicles are not exempted from carbon tax: Finance Ministry

Sri Lanka, Jan. 17 -- Sri Lanka's Finance Ministry says the Carbon Tax, which came into effect from January this year, is applicable to all vehicles and the registered owners of every motor vehicle sp... Read More