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President Opens “The Mall” Duty-Free Shopping Complex in Colombo Port City
President Ranil Wickremesinghe officially opened “The Mall,” a newly constructed duty-free shopping complex in the Colombo Port City area yesterday (September 5). This marks the debut of the first urban duty-free shopping mall in the region, featuring a range of stores, restaurants, and various retail outlets. Notable international duty-free retailers, including One World, China Duty […]
Union Bank Partners With Prime Group
Union Bank recently joined hands with Prime Group to offer new homeowners the opportunity for flexible funding solutions through Union Bank Home Loans. A Memorandum of Understanding (MOU) was signed between the two entities in the presence of Chaya Jayawardane, Senior Vice President Retail Banking (Union Bank) and Nalinda Heenatigala, Executive Director / Director Corporate […]
U.S. Embassy Announces Expected Arrival of Beechcraft King Air 360ER to Enhance SL’s Maritime Surveillance
The U.S. Embassy is pleased to announce that the Beechcraft King Air 360ER aircraft, donated by the United States to the Sri Lanka Air Force, will arrive in Sri Lanka next week. Funded by the U.S. Department of Defense’s Building Partner Capacity program, this donation, which originated in 2019, is part of a long-term collaboration […]
ComBank announces special concessions on foreign university payments
The Commercial Bank of Ceylon has announced a series of attractive concessions for students making payments to foreign universities in the next three months. The Bank said it would slash the initial telegraphic transfer (TT) charges by half for Sri Lankans opening new student files before 30th November 2024, and reduce the interest rate by […]
Sri Lanka and France enter into an Agreement to establish a Regional Centre for Maritime Studies in Sri Lanka
Sri Lanka and France signed a bilateral Agreement to establish a Regional Centre for Maritime Studies in Sri Lanka. The Agreement was signed by Secretary/ Ministry of Defence General (Retd) Kamal Gunaratne and Chargé d’ Affaires a.i. of the Embassy of France in Colombo Marie-Noëlle Duris, at the Ministry of Defence in Colombo yesterday. The […]
EDB-SLASSCOM SheExports programme: Empowering Women Tech Entrepreneurs at Orel IT
In today’s rapidly evolving tech landscape, empowering women entrepreneurs with the knowledge and resources they need to succeed is more crucial than ever. Recognizing this need, Orel IT recently conducted a comprehensive knowledge-sharing session as part of the ongoing “SheExports” programme, which is a long-term capacity-building initiative by the Export Development Board and SLASSCOM aiming […]
Public Resource Misuse During Elections: 580 Complaints Reported to Transparency International Sri Lanka
As of Wednesday (September 4), Transparency International Sri Lanka (TISL) had received 580 complaints regarding the misuse of public resources during the election. The organisation further said that immediate actions have been taken on over 300 of them, while the rest are currently being processed.
LTL Holdings, Sri Lanka’s leading power conglomerate unveils IPO and plans CSE debut
LTL Holdings Limited (LTL / the Company), Sri Lanka’s leading fully integrated power sector conglomerate with a 40-year track record, announced plans to launch an Initial Public Offering (IPO) and be listed on the Colombo Stock Exchange (CSE), making this the largest IPO to take place on the CSE. The IPO is an offer for […]
Ministry of Foreign Affairs launches online authentication service for birth, marriage & death certificates
The Ministry of Foreign Affairs launched online authentication process for birth, marriage and death certificates, in partnership with the Registrar General’s Department at a ceremony held on September 2, 2024 at the Ministry of Foreign Affairs. With the new online process, Sri Lankan citizens can apply for the authentication of their birth, marriage, and death certificates through the […]
‘s DCTS for sustainable growth amidst economic challenges
Sri Lanka’s apparel industry, a cornerstone of the nation’s economy, finds itself at a critical juncture. As the sector continues to recover from the COVID-19 pandemic and navigates ongoing economic challenges, the UK’s Developing Countries Trading Scheme (DCTS) has emerged as a potential lifeline. However, this opportunity comes with its own set of hurdles, particularly […]