Sri Lanka expects nearly USD 2.65bn forex inflows over next 3 months: Nivard Cabraal
State Minister of Money & Capital Markets Ajith Nivard Cabraal stresses that what is most important is the cash flow, not the Reserve level at a …
All News
Employer-supported Childcare: A Solution to Labour Shortages?
By Amanda Balasooriya Kanthi is a 33-year-old working mother who resides in Kuliyapitiya. Her two-year-old daughter is enrolled at a private crèche …
Foreign reserves will fall to a record low of USD 2.6bn after July 27, lowest level in SL history: Mangala
Former Minister of Finance Mangala Samaraweera stresses that a fuel shortage is likely to occur very soon, with about USD 1.2 billion in fuel costs …
Baurs to bring expert team to study Sri Lanka’s agriculture ecosystem
One of the pioneers in agriculture fertilizer and a leading diversified business group, A. Baur & Co. (Pvt.) Ltd., also known as Baurs, will be …
HIPG Delegation visits SL Ambassador to China; discussions on joint investment promotion
As construction work begins in the industrial park at the Hambantota Port, efforts are being made to attract Sri Lankan and international investors. …
Hayleys Fabric cuts carbon footprint by 15-pct with Sri Lanka’s largest solar roof
Leading textile manufacturer, Hayleys Fabric further reduced its carbon footprint by 15% with the installation of the largest private sector rooftop …
Sandra De Zoysa appointed Chairperson of SLASSCOM for 2021/2022
The Sri Lanka Association of Software and Services Companies (SLASSCOM) appointed Sandra De Zoysa as Chairperson for 2021/’22, at the 9th Annual …
JAT Holdings IPO oversubscribed
The IPO of JAT Holdings was an oversubscription of 82,904,846 ordinary shares. Priced at a value of Rs. 27 per share, the IPO raised Rs.2.2 billion …
Sri Lanka’s Weakening External Finances to Pressure Corporate Ratings: Fitch Ratings
Sri Lankan corporates could face rating pressure should the government further restrict imports amid weakening external finances, Fitch Ratings says …
Sri Lanka records USD 978Mn exports in June 2021; maintains its upward trend
As per the latest statistics released by the Sri Lanka Customs, the export sector performance has been able to maintain its upward trend in June 2021 …
Moody’s places Sri Lanka’s Caa1 rating under review for downgrade
Moody’s Investors Service (“Moody’s”) has today placed the Government of Sri Lanka’s Caa1 foreign currency long-term …
Russell Juriansz elected as Chairman of Sri Lanka Shippers’ Council
Sri Lanka Shippers’ Council held its 51st Annual General Meeting on 14 July 2021. Considering the prevailing situation in the …
In Sri Lanka Cash Transfers Give Essential Support to People Hit Hardest by COVID-19: World Bank
When the first lockdown was imposed in March 2020, Nayani’s financial woes worsened overnight. Struggling with partial loss of sight and Chronic …
Personal Data Protection vs Right to Information – TISL’s recommendations on Data Protection Bill
By Transparency International Sri Lanka: Sri Lanka is on the verge of introducing a bill on Personal Data Protection which aims to regulate the …
Sri Lanka receives multi-day fishing vessel monitoring system from Australia
Sri Lanka received a multi-day fishing vessel monitoring system that contributes to ensure maritime security, under a financial grant from Australia. …
Committee on demarcation of jurisdiction proposes to establish new Courts & increase Judges
The Committee appointed to review demarcation of jurisdiction and to increase the number of Courts presented its report to the Minister of Justice …
Fitch affirms Sri Lanka’s People’s Bank at AA -(lka); Outlook Stable
Fitch Ratings has affirmed the National Long-Term Rating of People’s Bank (Sri Lanka) (PB) at ‘AA-(lka)’. The Outlook is Stable. …
Online platform launched for Sri Lankan exporters seeking access to Chinese market
The Sri Lanka Embassy in Beijing assisted the Hairong Technology Co. Ltd organised the introduction of the “Sri Lanka Platform” along …
Fitch Affirms Bank of Ceylon at CCC and AA (lka)/Stable
Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘CCC’. The …
Sri Lanka receives over 1.5 million doses of COVID-19 vaccines from COVAX
A chartered plane arrived in Sri Lanka with more than 1.5 million doses of the Moderna COVID-19 vaccine from the COVAX Facility. Donated by the …
Sri Lanka now open to fully vaccinated travellers with quarantine-free entry
As Sri Lanka paves the way to restart tourism, fully vaccinated international travellers who have received the second dose of the vaccine 14 days …
Greater synergy between India and SL pivotal for container volume growth in sub-Continent: SLPA Chairman
Capt. Nihal Keppetipola – Chairman of Sri Lanka Ports Authority (SLPA) paid a courtesy visit to the Indian High Commissioner to Sri Lanka His …
Visa appoints Avanthi Colombage as Country Manager for Sri Lanka & Maldives
Visa Inc. (NYSE: V), the world’s leader in digital payments, announced the appointment of Avanthi Colombage as Country Manager – Sri Lanka and …
Japan Gifts 1.45 million Astra Zeneca Vaccines; expected to arrive in Sri Lanka soon
The Government of Japan has decided to provide 1.45 million doses of AstraZeneca vaccine manufactured in Japan to Sri Lanka through the COVAX …