Sri Lanka’s Cabinet Approves New Foreign Exchange Rules; Reinstates Employee Stock Scheme Investments
The Cabinet of Ministers has approved new foreign exchange rules that both extend existing restrictions and lift some limitations, including the …
The Cabinet of Ministers has approved new foreign exchange rules that both extend existing restrictions and lift some limitations, including the …
In a move to accelerate the implementation of renewable energy projects and meet ambitious national climate targets, the Sri Lankan government has …
X-Venture, a pioneering IT firm based in Sri Lanka, has just launched their flagship product ‘Xapi’, a revolutionary API design platform tailored …
Port City Colombo (PCC) showcased its commitment to sustainable development and global economic cooperation at the third Commonwealth Trade and …
Virtusa, the global provider of digital engineering solutions hosted Brian Jochum, the company’s Chief Marketing Officer and a member of the Global …
December 8, 2023 (LBO) - Shares in Colombo Stock Exchange (CSE) listed Softlogic Holdings (SHL) have been suspended from trading again on a December …
In a significant move aimed at fostering the integration of Hill Country Tamils into Sri Lankan society, President Ranil Wickremesinghe has appointed …
Microsoft Imagine Cup, the global technology startup competition for visionary student entrepreneurs harnessing the power of Microsoft AI, has …
Fitch Ratings has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. …
The Colombo Port City Economic Commission (the Commission) is pleased to announce that three of Sri Lanka’s leading commercial banks—Commercial …
99x announces its successful achievement of the ISO 27001:2022 certification, a globally recognized standard for Information Security Management …
The Research Intelligence Unit (RIUNIT) has released a comprehensive report shedding light on the current state of the Sri Lankan Travel and Tourism …
In a press conference held recently at the Leader of the Opposition's office, Member of Parliament, Dr. Harsha de Silva provided crucial insights …
The Colombo Stock Exchange (CSE), in collaboration with the Global Reporting Initiative (GRI), developed the 3rd version of the sustainability …
The Ambassador of Sri Lanka to the European Union Grace Asirwatham, who is completing her tour of duty in Brussels by the end of December 2023, had a …
Fitch Ratings has assigned DFCC Bank PLC's (A-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up …
December 5, 2023 (LBO) - Colombo Stock Exchange (CSE) listed Softlogic Holdings (SHL) reported a loss of over LKR 20bn for the year ended March 31, …
Sri Lanka’s merchandise exports decreased by 14.6 % to US$ 898.0 Million in October 2023 compared to October 2022 as per the provisional data …
Global sovereign credit conditions are neutral entering 2024, as moderately weaker global economic growth and persistent strains on fiscal positions …
Fitch Ratings has placed Bank of Ceylon's Viability Rating (VR) of 'cc' on Rating Watch Negative (RWN). At the same time, Fitch has affirmed BOC's …
Fitch Ratings has downgraded Sri Lankan consumer-durable retailer Singer (Sri Lanka) PLC's National Long-Term Rating to 'A(lka)' from 'A+(lka)'. The …
Sri Lanka has been informed of an apparent resolution regarding the restructuring of its debt with creditor nations. However, the awaited official …
The Sri Lanka Association for the Advancement of Science (SLAAS) and the National Science Foundation (NSF) hosted a workshop to review the policy on …
By Jekhan Aruliah For all its catastrophic consequences COVID-19 lockdowns at least had a silver lining for Sri Lanka’s towns and cities beyond the …