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Assetline Finance join hands with BlueOrchard in empowering women entrepreneurs
In a groundbreaking development, Assetline Finance Limited, the flagship company in the financial services cluster of the David Pieris Holdings (Private Limited), one of Sri Lanka’s top conglomerates has secured a senior loan from the Japan ASEAN Women Empowerment Fund (JAWEF) managed by BlueOrchard Finance Ltd, a leading global impact investment manager. This loan marks […]
EDB Establishes “Trade Facilitation Task Force” to Enhance Export Efficiency
As a strategic move to develop a mechanism for addressing challenges in the export value chain, the Export Development Board (EDB) has established a Trade Facilitation Task Force. The first meeting was held on October 29 at the Export Development Board. Attendees included Mrs. Champika D. Dharmasena, Director General of the Export Development Board; Mrs. […]
Rashmi Peiris Paranavitane, CFA takes over CFA Society Sri Lanka reins
CFA Society Sri Lanka (CFASSL), part of the global network of CFA Institute member societies leading the investment profession across 160 countries, announced the appointment of Rashmi Peiris Paranavitane, CFA, as its 11th President, following the Annual General Meeting held in Colombo. She succeeds Aruna Perera, CFA. A seasoned finance professional with over 18 years […]
Palali-Achchuveli Main Road Reopens after 3 decades
Following directives from President Anura Kumara Dissanayake, the Palali-Achchuveli main road was reopened today (01) after three decades of closure. The road, initially closed due to the prolonged 30-year civil conflict, remained inaccessible even in the 15 years following the end of the war. Residents of the Northern Province had long called for the road’s […]
President Appoints Hans Wijayasuriya as Chief Advisor on Digital Economy
President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has espoused and reiterated a bold vision and personal commitment to elevate Sri Lanka’s digital economy to a level on par with the most advanced nations in the region, envisaging acceleration of economic growth, […]
Opinion: Sri Lanka could be positioned as a New Haven for Global Talent in a Time of Conflict
By Jithendra Antonio In a world increasingly fragmented by geopolitical conflict, Sri Lanka has a remarkable opportunity to establish itself as a sanctuary for global talent and displaced professionals. Spanning over 65,000 square kilometers with a GDP of $74 billion at present, this island nation can strategically leverage its location and legal framework to attract […]
TISL Raises Alarm Over Violation of Election Laws by Palmyrah Development Board
Transparency International Sri Lanka (TISL) has filed a formal complaint with the Election Commission of Sri Lanka (ECSL) regarding recent appointments made at the Palmyrah Development Board (PDB) in Jaffna, which appear to contravene current election laws. On October 10, Selvin Ireneuss Mariampillai was appointed as Chairman of the PDB. Just 12 days later, on […]
Glovis Dual Fuel LNG RORO Carrier Docks at Hambantota International Port
The LNG (liquefied natural gas) dual-fuel RORO vessel Glovis Selene made its maiden call at the Hambantota International Port (HIP) last week, unloading 627 CEUs (Car Equivalent Units) and loading 934 CEUs bound for the Persian Gulf. This marks the second time a dual-fuel LNG vessel has docked at HIP, highlighting the port’s capacity to […]
Got Trapped in a Digital Scam? 5 Smart Steps to Secure Yourself Quickly
As shoppers start to spend more digitally, fraudsters actively seek vulnerable shoppers for financial scams. Emerging digital payment frauds can catch even the most cautious users by surprise. Once trapped, how does one get out of it? Here are five effective tips from Visa to help act swiftly and minimise the risk if you’ve been […]
‘s September 2024 merchandise exports dip by 3.5-pct
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in September 2024 amounted to US$ 937.95 million, recorded a decline of 3.49 % compared to the month of September 2023. This was mainly due to the decrease in earnings from export of Tea, Rubber based products, Electrical & Electronics […]