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Business

City of Dreams Sri Lanka to open in August, marking record $1.2bn private tourism investment

Developed by John Keells Holdings and Melco Resorts, the project will introduce South Asia’s first luxury integrated resort with licensed casino operations under...

Sri Lanka

Mahinda contradicts Nalinda’s claim of two-month fuel reserve in Sri Lanka

Deputy Minister Mahinda Jayasinghe has dismissed reports suggesting that Sri Lanka currently holds fuel reserves sufficient for two months, stating that no such...

Sri Lanka

Fuel price hike unjustified, say petroleum trade unions

The Petroleum Trade Unions have raised concerns over the government’s recent fuel price hike, with the Convenor of the Union, Ananda Palitha, demanding...

Sri Lanka

Grama Niladhari officers urge HRCSL to investigate service constitution violations

The Sri Lanka Grama Niladhari Association yesterday (30) formally petitioned the Human Rights Commission of Sri Lanka (HRCSL), demanding the appointment of an...

Sri Lanka

Fuel prices increased, bus fare reduction scrapped

The Ceylon Petroleum Corporation (CPC) announced a revision of fuel prices, effective from midnight yesterday (30). The price of Auto Diesel has been...

Business

A test of leadership in Sri Lanka’s economic recovery

Krishan Balendra’s appointment as Chairman of the Ceylon Chamber of Commerce comes at a time when Sri Lanka’s economic trajectory hangs in delicate...

Sri Lanka

Handunnetti ridiculed on social media over remarks at World Economic Forum

Minister of Industry and Entrepreneurship Development Sunil Handunnetti has come under fire on social media following his recent appearance at the 16th Annual...

Sri Lanka

Sri Lanka’s tea industry faces collapse as Govt moves to scrap SVAT

Key stakeholders in Sri Lanka’s tea industry have have raised serious concerns over the government’s proposed removal of the Simplified Value-Added Tax (SVAT)...