Colombo (News 1st): Sri Lanka is set to mass-produce graphene-based lead-acid batteries, targeting to create a US$ 1.5 billion graphene-based industry in the country. The project plans to position itself among the world’s top five graphene manufacturers in a few years and drive the country towards p...

Colombo (News 1st): The temporary suspension on the registration of foreign companies in Sri Lanka has been lifted. This was confirmed to News1st by the Assistant Registrar of Companies Heshan Mathugamage. On the 14th of January, the ROC posted a notice on its official website “Incorporation of f...

Colombo (News 1st): The Central Bank issuing a statement today (Feb 10) said, that licensed commercial banks have agreed to provide a special credit support scheme to eligible Small and Medium Enterprises during the time period of 1st January 2020 to December 31st 2020 to complement the fiscal incen...

Colombo (News 1st): The Ministry of Power and Energy appointed a six-member committee to daily probe and report on electricity-related issues. The Committee will be chaired by an Additional Secretary who would represent the Ministry of Power and Energy and would comprise of an official from the M...

Colombo (News 1st): DIG Lionel Gunatillake was appointed as the new Special Task Force Commandant with effect from today. With the retirement of Former Special Task Force Commandant Senior DIG M.R. Latiff, the National Police Commission appointed a new Commandant to fill the vacancy. Prior to ...