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18th of October 2018
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SriLankan switches to new cashew supplier2018-09-12 06:36:01
SriLankan Airlines has changed its cashew supplier. The move comes days after President Maithripala expressed disappointment over the substandard qual -
Army provides water to drought affected areas in Kilinochchi2018-09-12 06:13:05
The military has organised a special programme to provide drinking water to areas affected by drought in Kilinochchi. Accordingly, water is being dist -
Cabinet approves PTA to be gazetted and submitted to Parliament2018-09-12 05:43:48
Cabinet has approved a proposal by Foreign Minister Tilak Marapana to gazette the proposed Prevention of Terrorism Act (PTA) and submit to Parliament -
Ranil meets Indonesian President2018-09-12 05:19:27
Prime Minister Ranil Wickremesinghe has met Indonesian President Joko Widodo today at the World Economic Forum on the Association of Southeast Asian N -
Thisara to play for Afghan Premier League2018-09-12 05:13:48
Sri Lankan all-rounder Thisara Perera is to play for the Afghan Premier League. Accordingly, Perera will represent the Paktia team in the tournament. -
Traffic congestion in Town-hall as uni students protest2018-09-12 05:03:58
Heavy traffic has been reported near Townhall area due to a protest by the Inter-University Students Federation (IUSF). The IUSF has launched protest -
US issues fresh warning to Iran2018-09-12 05:00:44
The United States has issued a fresh warning to airlines to exercise caution when operating in Irans airspace, citing concerns over military activity -
Four dead in accidents over the past few hours2018-09-12 04:55:45
Four persons including a woman have been killed and six others have sustained injuries due to accidents reported in several places over the past few h -
Police await Govt Analyst report on contaminated milk packets at JO protest2018-09-12 04:51:08
The Police said that it was awaiting a report from the Government Analyst pertaining to allegations that milk packets distributed at the Jana Balaya p -
Gotabaya gives statement to CID2018-09-12 04:31:12
Former Defense Secretary Gotabaya Rajapaksa left the CID premises after recording a statement for over three hours regarding the abduction and assault -
PM to address World Economic Forum2018-09-12 04:28:23
Prime Minister Ranil Wickremesinghe is to address the World Economic Forum which is held in Hanoi, Vietnam. Wickremesinghe had earlier met with -
Japan grants USD 1.25 million to expedite demining2018-09-12 04:24:42
The Japanese Government has agreed to provide USD 1.25 million for demining efforts in the country. The move comes after efforts to make Sri Lanka min
Lanka Business Online
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China plans high speed train to India via Bangladesh and Myanmar2018-09-13 03:00:00
Sept 13, 2018 (LBO) – Chinese Consul General in Kolkata Ma Zhanwu has revealed that his country was proposing a 2,800 km long high-speed rail li -
Janashakthi PLC acquires 31-pct stake in Dunamis Capital2018-09-13 01:01:29
Sept 13, 2018 (LBO) – Janashakthi PLC acquired 31.14 percent in Dunamis Capital PLC, Dunamis Capital said in a stock exchange filing. Accordingl -
Sri Lanka Economic Summit 2018 – LIVE Stream2018-09-13 00:44:05
Check the LIVE Stream of key sessions provided by Economy.lk on Youtube here. -
Sri Lanka Economic Summit 2018 kicks off today2018-09-12 22:26:27
Sept 13, 2018 (LBO) – Sri Lanka Economic Summit 2018 is being inaugurated this morning at Cinnamon Grand Colombo. The two-day event, which is Sr -
Interview : Hassan Esufally, first Sri Lankan to complete the ‘Inca Trail Marathon’2018-09-12 15:23:28
Sept 13, 2018 (LBO) – Sri Lankan marathoner, Hassan Esufally on a mission to earn the prestigious 7 Continents Marathon Club Membership, recentl -
Sri Lanka industrial index up 1.1-pct in July 20182018-09-12 14:39:46
Sept 13, 2018 (LBO) – Sri Lanka’s industrial production index grew by 1.1 percent to 105.9 from an year ago, data from the Census an -
Central Bank 2018 Economic and Social Statistics of Sri Lanka available online2018-09-12 12:41:31
September 12, 2018 (LBO) – The Central bank has released its annual publication on economic and social statistics for 2018. The comprehens -
Mobitel designs mission critical secure communication network for SAGT2018-09-12 07:18:15
Mobitel, the National Mobile Service Provider was selected by the South Asia Gateway Terminals (Pvt) Ltd (SAGT), a leading container terminal operator -
Cabinet approves USD50mn ADB loan to boost rooftop solar power generation2018-09-12 02:59:52
Sept 12, 2018 (LBO) – Sri Lanka’s cabinet nod has been received to obtain 50 million US dollars worth ADB loan to help fund rooftop solar -
Sri Lanka to be promoted as year round destination with ‘Island Escapes’ campaign2018-09-11 21:38:10
Sept 12, 2018 (LBO) – ‘Island Escapes’, a marketing campaign to promote Sri Lanka as a year-round destination to boost arrivals duri -
Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.1232018-09-10 14:37:42
Sept 11, 2018 (LBO) – Sri Lanka’s Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from -
Sri Lanka to open VAT refund counter for tourists at Bandaranaike Airport2018-09-10 04:00:25
Sept 10, 2018 (LBO) – Sri Lanka’s Finance Ministry is to open a special counter at the Bandaranaike International Airport to implement the
Trading Economics
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Sri Lanka Minimum Wages2018-08-21 12:15:00
Minimum Wages in Sri Lanka remained unchanged at 10000 LKR/Month in 2018 from 10000 LKR/Month in 2017. This page provides - Sri Lanka Minimum Wages- a -
Sri Lanka Three Month Interbank Rate2018-08-21 04:32:00
Sri Lanka Three Month Interbank Rate decreased to 10.16 percent on Monday August 20 from 10.17 percent in the previous trading day. Interbank Rate in -
Sri Lanka Cash Reserve Ratio2018-08-21 04:32:00
Sri Lanka Cash Reserve Ratio was quoted at 7.50 percent on Monday August 20. Cash Reserve Ratio in Sri Lanka averaged 8.59 percent from 1999 until 201 -
Sri Lanka - Credit Rating2018-08-18 20:00:00
Standard & Poor's credit rating for Sri Lanka stands at B+ with stable outlook. Moody's credit rating for Sri Lanka was last set at B1 with nega -
Sri Lanka Car Registrations2018-08-18 06:09:00
Car Registrations in Sri Lanka decreased to 6780 in April from 6917 in March of 2018. Car Registrations in Sri Lanka averaged 2282.97 from 1997 until
Reuters: Business News
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Walmart's Jet.com to offer Nike products in bid for urban consumers2018-09-13 06:11:42
Walmart's Jet.com said on Thursday it will sell Nike Inc products and offer more delivery options, beginning in its top market of New York City, in a -
Ryanair expects only small number of cancellations if crew strike2018-09-13 06:08:04
Ryanair will seek to minimize disruption to passengers by cancelling a small number of flights in advance if cabin crew in five countries go through -
Ryanair cabin crew to strike September 28 in five countries: union spokesman2018-09-13 06:05:27
Seven Ryanair cabin crew unions from five countries will hold a 24-hour strike on Sept. 28, a Belgian union spokesman said on Thursday. -
Tennis star Osaka named Nissan ambassador, gives hope to biracial Japanese2018-09-13 06:02:40
Japan's Nissan Motor Co has signed U.S. Open champion Naomi Osaka as its next brand ambassador, the automaker said on Thursday, tapping the tennis st -
China welcomes U.S. invite for trade talks, Asian markets relieved2018-09-13 05:56:31
China said on Thursday that it welcomed an invitation by the United States to hold a new round of trade talks, as Washington prepares to further escal -
U.S.-China trade hopes lift shares, Turkey test awaits2018-09-13 05:11:32
World markets calmed after signs of movement in the U.S.-China trade stand-off and ahead of major central bank meetings on Thursday, including emergin -
Takeda weighs sale of Shire's eye care business to cut debt: Bloomberg2018-09-13 03:37:34
Japan's Takeda Pharmaceutical is considering selling Shire Plc's eye care business once it closes its $62 billion purchase of the London-listed dr -
China says Beijing, Washington do not want to see trade war escalate further2018-09-13 03:35:14
China's commerce ministry believes China and the United States do not want to see their trade war escalate further, it said on Thursday. -
China to parade aviation prowess at November expo, but C919 jet a no-show2018-09-13 03:22:39
China will show off its growing military aviation strength at its biggest airshow in November, with fighter jet flypasts and its largest display of we -
China welcomes U.S. invitation for trade talks2018-09-13 03:16:53
China's Foreign Ministry said on Thursday that the government has received an invitation from the United States for trade talks, and welcomes it. -
Apple iPhones get bigger and pricier, Watch turns to health2018-09-13 03:08:49
Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more ex -
Exclusive: Adobe in talks to buy marketing software firm Marketo - sources2018-09-13 02:38:55
Adobe Systems Inc , the maker of image-editing software Photoshop, is in negotiations to buy Marketo Inc, a privately held cloud-based marketing softw
Sri Lanka News Updates at
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PM to showcase landmark changes in Sri Lanka at WEF ASEAN2018-09-10 23:14:10
Prime Minster Ranil Wickremesinghe says that he would showcase the landmark changes in Sri Lanka , when he attends the The post PM to showcase landmar -
PASSPORTS OF GOTA, SIX OTHERS IMPOUNDED2018-09-10 23:04:24
The Permanent High Court-at-Bar set up to hear high-profile financial frauds and corruption cases yesterday served indictments on former Defence The p -
SLC lodges FCID complaint over attempted fraud2018-09-10 23:02:07
ri Lanka Cricket has lodged a complaint with the FCID (Financial Crime Investigation Division) following an attempt by a senior The post SLC lodges FC -
Ruwan condemns those instilling fear about national security2018-09-10 23:01:00
State Minister of Defence Ruwan Wijewardene yesterday condemned the false and baseless statements made by some elements with ulterior political The po -
CA extends Interim Order staying proceedings2018-09-10 22:59:02
The Court of Appeal yesterday further extended its Interim Order staying any further proceeding into the controversial almanac case filed The post CA -
I know the reason for delaying Gin-Nilwala projects: MS2018-09-10 22:56:26
President Maithripala Sirisena yesterday said he knew the reason why the Gin-Nilwala development projects were suppressed and sidelined during the The -
PM for greater ties between India, Sri Lanka2018-09-10 22:54:26
New Delhi: Prime Minister Narendra Modi Monday called for greater people-to-people ties between India and Sri Lanka, saying it would The post PM for g -
Fuel prices increased from last night: Finance Ministry2018-09-10 22:53:01
The Retail Prices of Fuel have been revised with effect from midnight today based on the Fuel pricing formula, the The post Fuel prices increased from -
India lifting gay sex ban GoSL wants formal request to consider legal reform2018-09-10 00:24:37
In the wake of the Indian Supreme Court decriminalizing consensual homosexual activity in a landmark ruling delivered on 6 September, The post India l -
Fuel leak from busted pipeline contained2018-09-10 00:15:31
Preventive steps were taken yesterday (9) by the relevant authorities to repair a fuel leak on the pipeline carrying fuel The post Fuel leak from bust -
Welikada Prison protest leaves 11 injured2018-08-20 23:21:39
A tense situation at the Welikada Prison left three inmates and eight officials injured. According to prison sources, female inmates The post Welikada -
Regulatory Commission for three-wheelers to be appointed2018-08-20 23:20:09
Finance and Media Minister Mangala Samaraweera yesterday said that a separate agency will be appointed to regulate the Three wheeler The post Regulato
UN News Centre - Economic
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FROM THE FIELD: Rwanda’s Green Villages benefit poorest2018-09-13 13:48:11
An innovative approach to supporting the poorest and most vulnerable in Rwanda, is helping to address environmental problems and achieve ambitious dev -
South-South Cooperation Day focuses in on sustainable development, a ‘new phase of cooperation’2018-09-12 17:15:11
As part of the 40th anniversary of the International Day for South-South Cooperation, the United Nations drew together on Wednesday, more than 100 bes -
Artificial Intelligence: a danger to mankind, or the key to a better world?2018-09-12 16:28:29
Siri, Alexa and Cortana are just the tip of the iceberg when it comes to Artificial Intelligence (or A.I.), which is playing an increasingly pervasive -
Economy and living standards of Gaza ‘eviscerated’ by crippling blockade – UN trade and development report2018-09-12 16:26:35
The Occupied Palestinian Territory now suffers the highest unemployment rate in the world, with incomes and agricultural production going down, the Un -
Hunger reached ‘alarming’ ten-year high in 2017, according to latest UN report2018-09-11 14:43:31
With food deprivation on the rise due to conflict and climate change, more people went hungry in 2017 than at any time in the previous decade, accordi -
With AI, jobs are changing but no mass unemployment expected – UN labour experts2018-09-04 12:04:05
The rise of frontier technologies like Artificial Intelligence has caused fears of robots taking over blue-collar jobs, but a United Nations expert sa -
Development gains unsustainable without cyber-diplomacy, UN official says2018-08-31 17:59:44
Hacking, child sexual exploitation and other cybercrimes could keep countries from reaching their development goals, warns a United Nations official w -
International tourism arrivals hit record high in 2017, UN agency reports2018-08-27 17:29:11
The number of people travelling abroad has hit its highest level since 2010, according to data from the Tourism Organization (UNWTO), a specialized ag -
Central America: drought, resulting crop losses threaten food security of two million people, UN warns2018-08-24 10:55:15
Recent drought has led to the loss of some 280,000 hectares of beans and maize in Guatemala, El Salvador and Honduras, potentially affecting the food -
Economy on a steady rise in Latin America and Caribbean region ‘despite international turbulence’ – UN report2018-08-23 17:11:16
Amid external uncertainty and volatility, the economies of Latin America and the Caribbean will grow by an average of 1.5 per cent this year, thanks t -
‘Think beyond farm jobs’ to reach sustainable development, UN agriculture chief advises African youth2018-08-20 13:20:16
For the African continent to achieve sustainable development, more jobs must be created for its young people, including in the digitalized agriculture
BBC News - Business
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Is roaring US economy a mirage?2018-08-20 20:02:49
President Donald Trump often celebrates America's buoyant economy, but one number seems stuck - real wages. -
Bloodless malaria testing on the way?2018-08-20 19:22:51
Ugandan students have developed a revolutionary way to test for malaria without drawing blood. -
Africa’s potential 'game changer' in the fight against malaria2018-08-20 19:20:51
Four Ugandan students have developed a revolutionary way to test for malaria without drawing blood. -
Bitcoin buster? The search for a more stable cryptocurrency2018-08-20 19:15:59
Bitcoin's price rises and falls wildly, making it high risk. Is there a more stable alternative? -
Trump accuses China of 'manipulating' its currency2018-08-20 17:56:37
The comments come amid an intensifying trade fight between the two economic giants. -
Tesla hit by doubts over Elon Musk's delisting plan2018-08-20 16:38:55
Analysts at JPMorgan Chase slash target price for shares in the electric car maker from $308 to $195. -
Greek bailout: Five numbers that reshaped the country2018-08-20 16:35:17
The story of Greece in five numbers as it emerges from its eurozone bailout programme. -
BBC World News business headlines2018-08-20 13:07:20
The latest international business headlines from BBC World News. -
John McDonnell calls Lehman Brothers reunion 'sickening'2018-08-20 12:25:57
The collapse of the US investment bank in 2008 was a crucial moment in the financial crisis. -
Fashion website Farfetch plans US share float2018-08-20 09:00:06
The London-based luxury shopping site, founded in 2008, could be valued at as much as $5bn. -
Venezuelans confused as Maduro's economic plan starts2018-08-20 07:43:00
A government plan to curb inflation comes into force but there is confusion about how it will work. -
Greece emerges from eurozone bailout programme2018-08-20 06:36:46
The economy is still 25% smaller than eight years ago and nearly one in five people is unemployed.
Business News - UPI.com
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Northrop Grumman tests new air defense network program2018-09-13 13:42:08
Northrop Grumman successfully tested the Integrated Air and Missile Defense Battle Command System air defense system at White Sands Missile Range, N. -
Japan successfully tests ballistic missile defense system2018-09-13 13:31:40
The Japanese destroyer JS Atago, with the U.S. Missile Defense Agency and Lockheed Martin, have tested an upgraded Aegis Combat System Ballistic Miss -
Evacuations for Florence may squeeze gas supplies, cause price spikes2018-09-13 12:07:03
The large-scale evacuations ahead of Hurricane Florence will cause local gasoline shortages and price spikes if tankers can't reach them fast enough -
U.S. military prepares for post-Florence response2018-09-13 11:24:59
U.S. Northern Command is readying forces to support the Federal Emergency Management Agency in preparation for Hurricane Florence. -
Boeing to provide P-8 training systems for U.S. Navy, Australia2018-09-13 09:31:58
Boeing has been awarded a $194.5 million contract for P-8A Aircrew Training System production for upgrades to support the Navy and the government of -
L-3 Communications receives contract for towed sonar arrays2018-09-12 16:22:22
L3 Technologies Ocean Systems Division has received a $49.4 million contract to provide support, testing and repair services for the TB-23 towed arra -
OPEC ups production as prices rise, supply declines2018-09-12 12:48:55
After years of holding back, OPEC opened the flood gates this summer, increasing crude oil production by 278,000 barrels a day in August compared to -
Armtec receives contract mod for 155mm artillery propellant2018-09-12 12:14:14
Armtec Defense Products has received a $35.9 million contract modification for the production and delivery of M231/M232 combustible case cartridges. -
Lockheed receives contract for Joint Air-to-Ground Missiles2018-09-12 11:15:28
Lockheed Martin has received a $49.6 million modification to an existing contract for the purchase of Joint Air-to-Ground Missiles. -
Marine Corps bases cancel evacuation orders for Florence2018-09-12 10:38:39
The U.S. Marine Corps decided Wednesday not to evacuate its bases on the Carolina coast ahead of Hurricane Florence, which is expected to strike on T -
Teledyne Gavia deploys Sonar Transponder Module for ASW training2018-09-11 16:11:29
Teledyne Gavia has announced the recent delivery to an undisclosed military customer of a Sonar Transponder Module for anti-submarine warfare trainin -
Marine Corps training facility at Parris Island evacuated ahead of Florence2018-09-11 13:50:12
Military installations along the east coast of the U.S. are deciding whether to evacuate ahead of Florence, while the South Carolina National Guard p
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