Latest business and economical development news.

The Sri Lanka Tourism Promotion Bureau has been made a partner to host popular US-based lifestyle magazine ‘Forbes Life Style’ to promote the island within its high value audience base which total average networth to about 1.6 Million USD .  Under the SLTPB’s Visiting Journalist...

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...

Affordable and faster internet in remotest areas in the offing Necessary equipment already in Sri Lanka for testing from this month under one-year MoU Govt. to get 25% stake in project on account of spectrum allocation Identifies Google’s selection of Sri Lanka for Loon project is a major breakthrough;...

Omani Chamber of Commerce and Industry Chairman Said Saleh Said Al Kiyumi, who visited the Ceylon Chamber of Commerce during this week said, Oman is ready to look at big Sri Lankan projects to invest. Kiyumi and his team, who were in the country to attend the Eastern Investment forum said that they are...

ECONOMYNEXT – Sri Lanka has signed a one-year deal with Google to start flight trials of Project Loon, a research and development project of the Internet giant aimed at providing broadband access to remote areas using high-altitude balloons. “Increasing Internet access will give a fillip...