Sri Lanka’s August 2024 Merchandise Exports Rise by 4.2-pct to USD 1.2 Bn
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in August 2024 amounted to US$ 1,165.4 million, recorded an …
Opinion: Positive Market Impact of SL’s Presidential Elections – Key Decisions for Good Governance
By Uddeepa Peiris Sri Lanka has recently witnessed significant political change following the conclusion of the presidential elections. With a new …
KOICA to offer loans for projects aimed at preventing fraud and corruption in Sri Lanka
The Korea International Cooperation Agency (KOICA) has pledged its full support for the transparency initiative of the current government. This commitment was …
Japan to Restart 11 Stalled Projects in Sri Lanka with Government Support
The Japanese Ambassador to Sri Lanka, MIZUKOSHI Hideaki, affirmed that the Japanese government is committed to fully supporting efforts to combat corruption …
Central Bank maintains policy interest rates at their current levels
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 September 2024, decided to maintain the Standing Deposit Facility Rate …
Visa Applications Now Available Under Previous System Starting Midnight Today
Minister of Public Security, Vijitha Herath addressed the recent visa issues, stating that the government has taken swift action to resolve the challenges …
Vote on Account first; 2025 Budget early next year: NPP Economic Council
The new President plans to introduce a vote on account to cover expenditures until a fully-fledged budget is presented next year, according to Professor Anil …
Presidential Subsidy Initiative Supports Farmers and Fishermen
President Anura Kumara Dissanayake has instructed the Treasury to provide an allowance of Rs. 25,000 per hectare to paddy farmers for the Maha season of …
Navigating new EU sustainability and labelling requirements: Challenges and opportunities
By Joint Apparel Association Forum (JAAF) The European Union (EU), with its vast market of over 448 million consumers, has always been a key destination for …
Planters’ Association of Ceylon welcomes new President : Calls for collaborative efforts to transform sector
The Planters’ Association of Ceylon (PA) congratulates NPP leader Anura Kumara Dissanayake on his election as the 9 th Executive President of Sri Lanka and …
IMF Congratulates Newly Elected President
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, extended her congratulations to Anura Kumara Dissanayake on his election …
Sri Lanka Banks Association congratulates new President, assures support for nation building
The Sri Lanka Banks’ Association (SLBA) has congratulated President Anura Kumara Dissanayake on his election to the Presidency and assured him of the fullest …
Fitch Affirms Sri Lanka at Restricted Default; Policy Uncertainty Following Elections
Fitch Ratings has affirmed Sri Lanka's LongTerm Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted Default) and Long-Term Local-Currency IDR at …
Siyapatha Finance Posts Steady Growth in 1st half 2024
Siyapatha Finance PLC recently posted a steady financial growth for the first half ended 30 June 2024. The company recorded a Profit After Tax (PAT) of Rs.513 …
Harini Amarasuriya: Sri Lanka’s New Prime Minister
Parliamentarian Dr. Harini Amarasuriya was sworn in as the new Prime Minister of Sri Lanka, today (24) at the Presidential Secretariat. She took the oath in …
Moody’s Ratings: Political change unlikely to derail reform trajectory but underscores fiscal challenges
Moody’s Ratings suggests that the broad appetite for reforms will remain intact, and the agency does not foresee significant disruptions to the country’s …
Fitch Assigns Bogawantalawa Tea Estates First-Time ‘A(lka)’ National Rating; Outlook Stable
Fitch Ratings has assigned Sri Lanka-based Bogawantalawa Tea Estates PLC a first-time National Long-Term Rating of 'A(lka)' with a Stable Outlook. Fitch has …
CA Sri Lanka signs MOU with University of Ruhuna
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the University of Ruhuna signed a Memorandum of Understanding (MoU) recently aimed at …
Tender Announcement for Bandaranaike International Airport Development Project Phase 2
Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL) announced the tender for Bandaranaike International Airport Development Project Phase 2 …
Looks forward to collaborating with new President & discussing 3rd review timing: IMF Spokesperson
The International Monetary Fund (IMF) has expressed optimism about working with President Dissanayake and his administration to build on the progress Sri Lanka …