Women’s Day, Strength and Knowledge through Togetherness
By Jekhan Aruliah “Every day is women’s day” snorted my female friend in Colombo irritably responding to my question over the phone from Jaffna …
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CBSL requests Financial Institutions to provide appropriate concessions to affected borrowers
Financial Institutions (FIs) have so far approved over 3.3 million requests for concessions, amounting to a total of Rs. 5,994 billion during the …
Fitch maintains Capital Alliance Investment Grade Fund on Rating Watch Negative
Fitch Ratings has maintained Capital Alliance Investment Grade Fund’s National Fund Credit Quality Rating of ‘Af(lka)’ and National …
CEA grants SIEE approval to Hambantota Port Industrial Park
Hambantota International Port’s (HIP) industrial park will expand its industrial park’s scope to include 90+ diverse industrialized classes …
We sent Letter of Intent to IMF; expecting a reply before end of this month: President
The island nation is expecting the go-ahead from the Executive Board of the IMF for its Extended Fund Facility arrangement before the end of this …
Dialog Axiata awarded winner of ACCA sustainability reporting awards 2022
The ACCA Sustainability Reporting Awards 2022 recognized Dialog Axiata PLC as the Overall Winner and the Winner of the General Services category for …
Sri Lanka Retail Forum 2023 highlights strategies for navigating economic crisis in sector
The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, recently concluded the annual Sri Lanka Retail Forum …
Pace of reform toward equal rights for women falls to 20-year low: World Bank report
The global pace of reforms toward equal treatment of women under the law has slumped to a 20-year low, constituting a potential impediment to …
We are ready to unlock IMF program; guidance band removed: CBSL Governor
Sri Lanka is now standing ready to unlock the IMF Extended Fund Facility arrangement as all prior actions of the program have been completed, the …
Central Bank raises Policy Interest Rates by 100 basis points to finalize IMF-EFF arrangement
The Monetary Board of the Central Bank has decided to raise the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) …
Change of govt can only be brought about through a parliamentary election, says President
President Ranil Wickremesinghe emphasized that the only way to bring about a change of government is through a parliamentary election and not through …
IMF staff mission for Sri Lanka defends new tax schedule for personal income tax
The tax package, including the new tax rate schedule for personal income tax, is in line with international comparison, defending the …
Asset declaration of parliamentarians: TISL welcomes landmark judgment on citizens’ RTI
Transparency International Sri Lanka (TISL) welcomes the landmark determination of the Court of Appeal this week that affirms the order of the Right …
Aitken Spence Travels sets stage to welcome inaugural Bulgarian flight for 2023
Aitken Spence Travels (AST) welcomed a charter flight from Bulgaria on 02nd March 2023 to the Mattala Rajapaksa International Airport (MRIA) with 200 …
CA Sri Lanka expands its global footprint with an overseas chapter in Canada
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which prides itself on being a world-class professional body, continued to expand …
IFS marks 25th anniversary of the inception of its operations in Sri Lanka
IFS, the global cloud enterprise software company, announced today that it is celebrating the 25th anniversary of the inception of its Sri Lankan …
Colombo Stock Exchange opens its newest branch in Panadura
The Panadura branch of the Colombo Stock Exchange (CSE) was officially opened to the public by the CSE Chairman, Dilshan Wirasekera, on the 2nd of …
World Bank VP concludes visit to SL, Reaffirms support to protect people
World Bank Vice President for South Asia, Martin Raiser, recently concluded his four-day visit to Sri Lanka, reaffirming the World Bank’s continued …
President instructs to create a data bank for unused govt-owned lands
President Ranil Wickremesinghe has given instructions to digitize investment information to make it easily and quickly accessible to interested …
Merchandize exports record one billion dollars in January 2023
Sri Lanka’s merchandise exports decreased by 8.98 % to US$ 1,001.9 Million in January 2023 compared to January 2022 as per the data released by the …
Increase PAYE tax threshold from Rs 100,000 to 200,000: Eran
SJB alleges that it is a serious problem that the people have to take to the streets, as they have been burdened with heavy taxes while the working …
Shangri-La Hotels and Resorts Bring Indian Destination Wedding Expo to Sri Lanka
This March, Shangri-La Colombo and Shangri-La Hambantota welcome India International Wedding Connections (IIWC), a premier expo promoting destination …
Research Intelligence Unit hosts engaging webinar on lessons drawn from Sri Lanka’s debt crisis
The international research firm Research Intelligence Unit (RIUNIT) considered it important to broaden the debate and evolve beyond the ‘same …
Sri Lanka’s export earnings decline to 11.3-pct in Jan 2023: Imports down 29.2-pct
• The deficit in the merchandise trade account narrowed in January 2023, compared to a year ago. • Export earnings declined while import …