Author: LBO
Central Bank of Sri Lanka maintains policy rate at current level
The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight PolicyRate (OPR) at the current level of 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. The Board paid particular attention to the effects of the proactive monetary policy […]
Sampath Bank and KOKO Connect Merchants to New Opportunities for Business Growth
Darshin Pathinayake, Chief Business Intelligence Officer, Sampath Bank PLC (2nd from left), exchanges the agreement with Michael Sathasivam, Regional CEO, KOKO (2nd from right), while Asanka Liyanage, Deputy General Manager – Consumer & SME Banking, Sampath Bank PLC (1st from left), and Dinuki Karunatilake, Head of KOKO (1st from right), look on. Sampath Bank PLC […]
Ceylon Chamber Continues Business Continuity Training for Private Sector
The Ceylon Chamber of Commerce is expanding its work to strengthen business continuity across Sri Lanka’s private sector, with the latest in a continuing series of Business Continuity Management (BCM) workshops completed this week. The work directly supports the National Disaster Management Plan 2023–2030, which identifies the Ceylon Chamber as a lead implementing entity responsible […]
Sri Lankan IT Trade Delegation Explores Business Opportunities with Kenya National Chamber of Commerce and Industry
Acting High Commissioner of Sri Lanka to Kenya Ruvini De Silva led a delegation from the Sri Lanka Association for Software and Services Companies (SLASSCOM) to the Kenya National Chamber of Commerce and Industry (KNCCI), as part of ongoing efforts to strengthen Sri Lanka–Kenya trade and investment relations in the digital economy, on 22 September […]
CSE & Global Green Growth Institute Invite Applications for Technical Assistance on GSS+ Bond Listings
The Colombo Stock Exchange (CSE) and the Global Green Growth Institute (GGGI) have announced that prospective issuers of Green, Social, Sustainable and Sustainability Linked (GSS+) bonds can now apply to receive technical assistance from GGGI. The call for applications has been published on the CSE website and will remain open until 26th October 2026. Through […]
U.S. Army Pacific Deputy Commander Makes Historic Visit to Sri Lanka
Lieutenant General Joel “JB” Vowell, Deputy Commanding General of U.S. Army Pacific (USARPAC), arrived in Colombo today for engagements from September 29–October 1, becoming the highest-ranking U.S. Army officer to travel to Sri Lanka. His visit marks an important milestone in growing U.S.–Sri Lanka Army-to-Army cooperation. “Lieutenant General Vowell’s historic visit reflects the growing strength […]
United States and Sri Lanka Strengthen Nuclear Smuggling Detection Capabilities
The U.S. Embassy in Sri Lanka, through the U.S. Department of Energy’s Office of Nuclear Smuggling Detection and Deterrence (NSDD), partnered with the Sri Lanka Navy for a five-day workshop September 21–25 to strengthen Sri Lanka’s capacity to detect and deter nuclear smuggling. U.S. experts worked with Sri Lankan participants to develop standard operating procedures […]
After the IMF: Can Sri Lanka Make Economic Discipline Its Own?
From stabilization to transformation — the real test begins when the IMF programme ends By Prof. Asoka.S.Seneviratne Introduction Sri Lanka has travelled a considerable distance from the economic catastrophe of 2022. Growth has returned, inflation has been brought under control for much of the period, foreign-exchange reserves have recovered, the banking system has strengthened, and […]
Foreign Minister Vijitha Herath to lead Sri Lanka delegation to 81st Session of the UN General Assembly
The Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath will lead the Sri Lanka delegation to the 81st Session of the United Nations General Assembly (UNGA) from 27 to 30 September 2026. Foreign Minister Herath is scheduled to deliver Sri Lanka’s National Statement at the General Debate during the High Level Week on […]
U.S. Embassy Strengthens Sri Lanka’s Ability to Detect Maritime Sanctions Evasion
The U.S. Embassy in Sri Lanka, through the U.S. Department of State’s Office of Cooperative Threat Reduction and in partnership with the Atlantic Council, conducted a three-day training September 9–11 in Colombo to strengthen Sri Lanka’s ability to detect and respond to maritime sanctions evasion that threatens U.S. security interests and legitimate global commerce. More […]
Incoming Planters’ Association Chairman proposes 5-point plan for industry revival at 172nd AGM
Malwatte Valley Plantations PLC Director / CEO, Shanaka Samaradiwakara was appointed as Chairman of the Planters’ Association of Ceylon (PAC), while Kahawatte Plantations PLC Director / CEO Binesh Pananwala, was appointed as Deputy Chairman at the Association’s 172nd Annual General Meeting (AGM) on 19 September at the Cinnamon Grand. The event was graced by Central […]
From Bureaucratic Labyrinth to Economic Liberty: Transforming SL’s Future Through National Business Facilitation Center (ViYASA)
“The secret of change is to focus all of your energy, not on fighting the old, but on building the new.” — Socrates By Prof. Asoka S.Seneviratne Introduction The inauguration of Sri Lanka’s National Business Facilitation Center (NBFC)—known locally as ViYASA—Visionary insight of President Anura Kumara Dissanayake marks a profound turning point in the nation’s […]