All Blogs
GovPay Crosses 50 Organisations & Announces Plans for Future of Government Digital Payments
At a media conference held today, the Information Communication Technology Agency (ICTA), in collaboration with LankaPay and under the guidance of the Ministry of Digital Economy, showcased the growing success of GovPay, Sri Lanka’s official Government Digital Payment Platform. The briefing also highlighted the pilot rollout of the online traffic fine payment system and marked […]
Softlogic Life completes 100% acquisition of Allianz Life Insurance Lanka Ltd
Softlogic Life Insurance PLC has successfully completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Limited (Life Business), following the receipt of regulatory approval from the Insurance Regulatory Commission of Sri Lanka (IRCSL). The transaction marks a significant milestone, following the initial announcement on 26th March 2025. Softlogic Life recorded Gross […]
Boost for Sri Lankan garment sector as the UK launches new trade measures under DCTS
The UK government yesterday unveiled a package of reforms aimed at simplifying imports from developing countries such as Sri Lanka. Under the upgraded Developing Countries Trading Scheme (DCTS), businesses will face fewer procedural hurdles when exporting to the UK. British High Commission said in a statement that the changes are designed to boost trade flows […]
Exporters warn against backdoor charges, urge Government to uphold transparent trade practices
The Joint Chambers of Commerce today urged the Government of Sri Lanka to engage in meaningful consultation with all recognized industry chambers before making decisions that directly impact trade, exports, and the wider economy. The call comes in response to renewed lobbying efforts by certain shipping agents and intermediaries seeking to reintroduce anti-competitive terminal handling […]
Special discussion on the new tariff policy imposed by the United States
A special discussion on the new tariff policy imposed by the United States was held this morning (10) at the Presidential Secretariat between President Anura Kumara Disanayake and a delegation representing Sri Lanka. Participating in the discussion were Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the Ministry […]
Reduction in tariff from 44-pct to 30-pct is a constructive & important first step: Ceylon Chamber
The Ceylon Chamber of Commerce views the reduction in the tariff rate from 44% to 30% a constructive and important first step by the Government toward bringing Sri Lanka’s tariff structure for exports to the U.S. closer to that of regional competitors. “We encourage continued engagement with the U.S. administration to secure a further reduction […]
Emirates to Introduce Refurbished B777 on Colombo Route from 18 July
Emirates, the world’s largest international airline, will deploy its retrofitted four-class Boeing 777 on flights EK650/651 operating between Dubai and Colombo from 18 July. Services on the enhanced aircraft, with newly-configured and refreshed cabins, will be the airline’s second daily flight in Sri Lanka to feature Premium Economy seats. Currently, over 40 destinations in Emirates’ […]
Advocata Institute Urges Government to Uphold Electricity Sector Reforms
The Advocata Institute today called on the Sri Lankan government to reaffirm its commitment to the critical reforms initiated by the 2024 Electricity Act. The think tank emphasized the necessity of legally separating the Ceylon Electricity Board’s (CEB) functions and fostering a competitive and transparent electricity industry. “The 2024 Electricity Act was a landmark step […]
TISL expresses deep concern over the inertia in appointing the Chairperson of the RTI Commission
As of July 9, 2025, Sri Lanka’s Right to Information (RTI) remains without a duly appointed Chairperson. The seat has been vacant since the resignation of retired Supreme Court Justice Upaly Abeyrathne in March 2025. The undue delay in the appointment, despite calls by concerned stakeholders, including civil society and media, to expedite the appointment […]
Special discussion on the new tariff policy imposed by the United States
A special discussion on the new tariff policy imposed by the United States was held this morning (10) at the Presidential Secretariat between President Anura Kumara Disanayake and a delegation representing Sri Lanka. Participating in the discussion were Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the Ministry […]