News & Events

  • Seagulf Shipyard to invest US$ 40 mn on three projects

    February 9th, 2016
    Seagulf Shipyard to invest US$ 40 mn on three projects

    Seagulf Shipyard (Pvt) Ltd will invest over US$ 40 million to build shipping yards and for maritime related activities for 2016. These investments will be made in Trincomalee, Galle and at their yard in Modera.Seagulf Shipyard Managing Director Sarath Obeysekera said that they have already invested US$...

  • Tourism kicks of 2016 with record arrivals in January

    February 8th, 2016

    China remains the rising star with arrivals more than doublingSri Lanka tourism has got off to a record start in 2016 with January arrivals notching up an all time high of 194,280. The record figure for the month of January is a growth of 24.3% over 2015 arrivals of 156,246. In 2014 January arrivals...

  • Hambantota Port Welcome largest cruise ship

    February 8th, 2016
    Hambantota Port Welcome largest cruise ship

    Hambantota Port received its first ever biggest cruise ship-MS Rotterdam, belonging to the American Line shipping company yesterday, Sri Lanka Ports Authority (SLPA) said. There were1,400 passengers and 600 crew on the vessel. Measuring 238 m in length and comprises of 600 staff, MS Rotterdam is a luxurious...

  • Sri Lanka – A Market Bridge Between India And Pakistan

    February 2nd, 2016
    Sri Lanka – A Market Bridge Between India And Pakistan

    Minister Malik samarawickramaSri Lanka would serve as a bridge between the growing markets of India and Pakistan whilst Indian Prime Minister Narendra Singh Modi’s ‘Make in India’ strategy will create opportunities for linking into new and expanding value chains in domestic as well...

  • Sri Lanka’s road to economic liftoff

    February 2nd, 2016
    Sri Lanka’s road to economic liftoff

    Finance Asia: George Soros declared in January that the world is witnessing “only the beginning of the decline of financial markets and only the beginning of Sri Lanka being the exception.”The billionaire investor made the bold claim at a conference in Colombo one year after the country’s...