Colombo: India continues help its close neighbor Sri Lanka which is facing the worst economic crisis in its history, by lending economic support and assistance. Indian Minister of Finance Nirmala Sitharaman told The International Monetary Fund recently to help Sri Lanka by extending its rapid aid facility even though Sri Lanka is classified as middle […]

Maldivian government is inviting Sri Lankan firms to invest in that country. This invitation was made when the Minister of Economic Development of Maldives Mahmood Razee was in Sri Lanka recently. He was in the country to attend the AGM of the Sri Lanka Maldives Bilateral Business Council of the Ceylon Chamber of Commerce. Razee addressing the members ...

By GABRIELLA STERN NEW YORK -- Sri Lanka's president said Wednesday that rising labor costs in China present an opportunity for his South Asian country to attract foreign companies seeking an alternative low-cost manufacturing base....

Sri Lankan Airlines is to build a tourist hotel near the  main International Airport at Katunayake. Sri Lankan Airlines Chairman Nishantha Wickremasinghe said they are about to start building an airport hotel right opposite of the departure lounge. The site is an abandoned factory at an export processing zone near the airport that has been ...

by Ravi Gee I was in Srilanka a fortnight ago for the first time. I travelled to Southern towns Kandy, Bentota and Colombo by road. I would like to share my observations, a mix of positives and negatives as below....

By Cassandra Mascarenhas Preparations for the 11th International Indian Film Academy Awards that are to be held in Colombo just next week are going full steam ahead despite all the issues it has faced so far. Protests and picketing by a large number of the Indian Tamil community in India, several celebrities refusing to attend the [...]