Fitch Upgrades Bank of Ceylon’s IDRs and VR to ‘CCC+’ and ‘ccc+’
Fitch Ratings has upgraded Bank of Ceylon's (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'CCC+' from 'CCC-'. The ratings do not …
Hambantota International Port Hits 22-pct Growth in 2024, Bolsters Infrastructure for Future Expansion
Hambantota International Port (HIP) achieved an impressive growth rate of 22% in 2024, matching its performance from the previous year. With its sights set on …
“NSBM Edu Fair” this weekend at Havelock City Mall and KCC
Following the success of last weekend’s NSBM Open Day for the January 2025 Intake, NSBM Green University is bringing higher education opportunities closer to …
Leaf Lanka Takes on Maldivian Investment, Unfolds USD 6M Retreat in Riverstone
Leaf Lanka International (Pvt) Ltd, a company led by the young entrepreneur Hashan Gunathilaka, is set to redefine luxury hospitality in Sri Lanka. The company …
IRD Publishes Procedure for Withholding Tax on Nonresident Payments in Gazette
The Inland Revenue Department (IRD) announced that a notification specifying the procedure for withholding tax on any payment to a nonresident person, under …
SLT-MOBITEL completes historic SEA-ME-WE 6 Submarine Cable landing in Matara
SLT-MOBITEL has successfully landed the SEA-ME-WE 6 (Southeast Asia-Middle East-Western Europe 6) submarine cable in Matara, Sri Lanka on December 29, 2024, …
JICA Pledges Support for Sri Lanka’s “Clean Sri Lanka” Programme
The Japan International Cooperation Agency (JICA) will continue its financial and technical assistance to Sri Lanka without interruption, stated HARA Shohei, …
Foreign Minister launches e-service for copies of Birth, Marriage & Death certificates for overseas Sri Lankans
Foreign Minister Vijitha Herath in partnership with the Registrar General’s Department launched the pilot project to facilitate overseas Sri Lankans to …
Discussion between President and Attorney General on Controversial Legal Proceedings
President Anura Kumara Disanayake held a discussion with the Attorney General and officials from the Attorney General's Department at the Presidential …
VIDEO: Withholding Tax Hike, A System Inefficiency – Tax Experts
In this insightful discussion, tax experts N. R. Gajendran and Suresh Perera analyze how the new reforms will affect the general public and the broader …
Opinion: Sri Lanka’s Trade Winds – Navigating the Currents of Climate Change
By Imesha Dissanayake Introduction Sri Lanka known for its biodiversity and strategic location, is increasingly challenged by the global climate crisis. With …
Sri Lanka Introduces Landmark Food & Beverage Regulations
The Sri Lankan government has announced new restrictions on marketing food and beverages to children, effective January 1, 2025, under the Food (Labelling …
CSE Announces the appointment of Vindhya Jayasekera as CEO Designate
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Ms. Vindhya Jayasekera as the Chief Executive Officer (CEO) Designate, effective 1st …
Opinion: From Tea to Tech – Can Sri Lanka Break Free from the Consumption Trap?
By Jithendra Antonio Sri Lanka’s economy feels like it’s stuck in a time loop. For decades, the same cycle has repeated—export raw materials, import …
SLIM Appoints Chamil Wickremasinghe as CEO
The Sri Lanka Institute of Marketing (SLIM) is pleased to announce the appointment of Mr. Chamil Wickremasinghe as its new Chief Executive Officer, effective …
Sri Lanka CERT Appoints New Chairman: Thilak Pathirage
A new board of directors have been appointed by Secretary to Treasury on the recommendation of his excellency the President Anura Kumara Dissanayake, in …
Sri Lanka’s Green Bonds must demonstrate climate impact measurement: MTI
Sri Lanka is witnessing a significant shift towards sustainable finance with Colombo Stock Exchange (CSE) introducing the listing and trading of Green Bonds in …
CDS Launches 011 2356 444 as a Dedicated Hotline
The Central Depository Systems (CDS), a subsidiary of the Colombo Stock Exchange (CSE), is pleased to announce the launch of its dedicated hotline, effective …
Emirates to introduce additional flights to/from Colombo
Emirates, the world’s largest international airline, will operate an additional scheduled service between Colombo and Dubai, starting from 2 January 2025. …
CCC Clarifies Non-Involvement in Media Statements on Finance Ministry & CBSL Directives
The Ceylon Chamber of Commerce has categorically clarified that it is in no way connected to or involved with the statements recently attributed to "The Sri …