All Blogs
Ambeon Holdings PLC Increases Stake in Seylan Bank and Strengthens Financial Services Footprint
Ambeon Holdings PLC, a diversified conglomerate with a strong presence across multiple sectors, continues to strengthen its position in Sri Lanka’s financial services industry through strategic investments. Recently, the company increased its stake in Seylan Bank PLC by 0.98%, bringing its total holding to 8.61% of the bank’s ordinary voting shares. This move underscores Ambeon’s […]
Stay Safe, Pay Safe & Avoid Festive Frauds – Visa Shares Tips for Consumers This Festive Season
With the holiday season now underway, Visa, the global leader in digital payments, reminds shoppers to stay vigilant amidst a rise in fraud schemes. Visa’s Payment Ecosystem Risk and Control (PERC) team released the 2024 Holiday Threats Report, outlining common methods fraudsters use to steal money, data, and account details while people plan their festivities. […]
Opinion: Sri Lanka’s Maritime Revolution – A Must-Do Strategy to Unlock Global Trade Power
By Jithendra Antonio Navigating a New Era in Global Trade Sri Lanka, an island that has stood as a strategic maritime crossroads for millennia, now finds itself at the cusp of a once-in-a-lifetime opportunity, the chance to once again redefine its role in global commerce. With its perfect position at the heart of international sea […]
BRICS Expands: Nine Nations to Join as Partner States from Jan 2025; More Expected Soon
Russia confirmed on Monday (December 23) that nine nations have agreed to join BRICS as partner states, with their status becoming official on January 1, 2025, as reported by foreign media. A report from TASS, citing Kremlin aide Yury Ushakov, revealed that a total of thirteen nations were invited to join the newly established category […]
Opinion: Women’s Empowerment Through Livelihood Development – A Sri Lankan Perspective
By Nirmala Jayasundara When Lakshmi, a fictional character representing the many women in Sri Lanka, began selling vegetables from her home garden at the local market, she didn’t just supplement her family’s income, she sparked a transformation. This illustrative example reflects the broader trend of how women across Sri Lanka are taking charge of their […]
President Leads Discussion on Combating Money Laundering and Terrorism Financing
A high-level discussion on the critical preparations for Sri Lanka’s upcoming Mutual Evaluation (ME) by the Asia/Pacific Group on Money Laundering (APG) was held today (23) at the Presidential Secretariat under the patronage of President Anura Kumara Disanayake. The meeting focused on preventing money laundering and countering terrorism financing (AML/CFT) and included participation from cabinet […]
USAID Collaborates With Open University to Offer First Certificate Program in Migration Law and Policy
The United States through the United States Agency for International Development (USAID) is proud to announce the successful completion of the first certificate program in migration law and policy in Sri Lanka by 69 professionals who now have the tools and knowledge to take the fight against human trafficking back to their communities. The six-month […]
” Capital Market Investor Forum Set for March 2025 in Colombo
The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the Stock Broker industry, will host the “Invest Sri Lanka” Capital Market Investor Forum on 27th and 28th March 2025, at the Shangri-La Hotel in Colombo. The event is aimed at promoting investment in the Sri Lankan […]
‘s November Exports Reach USD 1.27 Bn Amidst Minimal Growth
Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% compared to the same period in 2023. As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in November 2024 amounted to US$ 943.1 million, reflecting a 5.6% […]
HIP Witnesses Shift in Cruise Ship Origins with European Vessels Leading as Indian Arrivals Decline in 2024
Hambantota International Port (HIP) saw a modest increase in cruise ship arrivals in 2024, with a notable shift in the origins of the vessels. There was a decline in ships from the Indian subcontinent, while arrivals from Europe rose significantly. Of the 23 cruise ships that docked at HIP, only six were from India, while […]