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European Union provides LKR 8.26 billion in grants to Sri Lanka

European Union provides LKR 8.26 billion in grants to Sri Lanka

The European Union (EU) announced the signing of three grants worth EUR 35.75 million (LKR 8.26 billion) which will support Sri Lanka’s justice sector, help …

January 13, 2021 | Economy | Read More
VIDEO: Monthly Economic Watch January 2021 from First Capital Research

VIDEO: Monthly Economic Watch January 2021 from First Capital Research

January 13, 2021 | Other News | Read More
British resident in Sri Lanka awarded British Empire Medal for services to animal welfare

British resident in Sri Lanka awarded British Empire Medal for services to animal welfare

Samantha Green, Chief Executive Officer of Dogstar Foundation has been awarded a British Empire Medal for her services to animal welfare. Samantha began her …

January 13, 2021 | Special Reports | Read More
Softlogic Finance issues clarification regarding punitive action by CBSL

Softlogic Finance issues clarification regarding punitive action by CBSL

The Central Bank of Sri Lanka recently issued a statement on penalties imposed against several financial institutions, including Softlogic Finance PLC for …

January 12, 2021 | Banking and Finance | Read More
CBSL permits Swarnamahal Financial Services to resume business for a limited purpose

CBSL permits Swarnamahal Financial Services to resume business for a limited purpose

Jan 12, 2021 (LBO) – The Central Bank has made an order permitting Swarnamahal Financial Services PLC to resume business notionally for a limited purpose and …

January 12, 2021 | Banking and Finance | Read More
Central Bank to initiate legal process to wind up ETI Finance

Central Bank to initiate legal process to wind up ETI Finance

Jan 12, 2021 (LBO) – The Monetary Board of the Central Bank has decided to cause Director, Supervision of Non-Bank Financial Institutions to make an …

January 12, 2021 | Banking and Finance | Read More
Policy rates to hold steady, amidst sweeping measures to insulate economy: FCR

Policy rates to hold steady, amidst sweeping measures to insulate economy: FCR

Jan 12, 2021 (LBO) – First Capital Research believes that there is a 60% probability to hold rates due to the considerable improvement in high-frequency …

January 12, 2021 | Policy | Read More
Sri Lanka – Bangladesh agree to promote maritime cooperation

Sri Lanka – Bangladesh agree to promote maritime cooperation

The newly appointed High Commissioner of the People’s Republic of Bangladesh to Sri Lanka Tareq Md. Ariful Islam representing presented his credentials to …

January 12, 2021 | Industry, Shipping and Transport | Read More
EU, UNDP call on youth leaders to join ‘United Creatives’ for digital peacebuilding

EU, UNDP call on youth leaders to join ‘United Creatives’ for digital peacebuilding

The United Nations Development Programme (UNDP) and the EU are calling on youth leaders, influencers, and creators to promote peace through digital action by …

January 12, 2021 | Featured, Other, Other News, Special Reports | Read More
IFC’s $25Mn investment in NTB to help businesses continue operations amid COVID-19

IFC’s $25Mn investment in NTB to help businesses continue operations amid COVID-19

In an effort to provide improved access to critical working capital for Sri Lankan businesses impacted by the COVID-19 pandemic and to help preserve jobs, IFC, …

January 12, 2021 | Banking and Finance, Companies | Read More
FIU imposes penalties to finance companies for violation of customer due diligence rules

FIU imposes penalties to finance companies for violation of customer due diligence rules

Jan 11, 2021 (LBO) – Financial Intelligence Unit (FIU) as the regulator for Anti-Money Laundering and Countering the Financing of Terrorism in the country, …

January 11, 2021 | Banking and Finance | Read More
Thailand to focus on investment opportunities in plantation and agri in SL

Thailand to focus on investment opportunities in plantation and agri in SL

Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan paid a Farewell Call on Foreign Minister Dinesh Gunawardena on 08 …

January 11, 2021 | Agriculture, Other, Other News | Read More
“We changed political culture of forgetting village after winning power” President

“We changed political culture of forgetting village after winning power” President

No political witch hunt; only strict adherence to law: will not entertain lumpen politics – President says in Lathugala …

January 11, 2021 | Featured, Other, Other News, People, Politics, Special Reports | Read More
Sri Lanka’s boat manufacturing capabilities highlighted in Jordan

Sri Lanka’s boat manufacturing capabilities highlighted in Jordan

The Embassy of Sri Lanka in Jordan with the active facilitation of the Sri Lanka Export Development Board held a virtual Meeting on 6 January 2021, to showcase …

January 11, 2021 | Companies, General Services, Industry, Shipping and Transport | Read More
Foreign Minister assures the early resumption of medical tourism for Seychellois

Foreign Minister assures the early resumption of medical tourism for Seychellois

The outgoing High Commissioner of Seychelles in Colombo Conrad Vincent Mederic called on Foreign Minister …

January 10, 2021 | Tourism | Read More
Union Assurance hosts virtual gala for annual awards

Union Assurance hosts virtual gala for annual awards

Union Assurance takes digital disruption to the next level as it felicitated top achievers of the Agency and Bancassurance sales force at a glittering Virtual …

January 8, 2021 | Companies, In Pictures, Industry, Insurance, Other | Read More
Korean based Heung A Line expands services to Sri Lanka

Korean based Heung A Line expands services to Sri Lanka

Heung A Line head quartered in South Korea launched its maiden service (SIS/CI6) in Sri Lanka with its first vessel call at the CICT of the Port of Colombo …

January 8, 2021 | Companies, Featured, Industry, Shipping and Transport | Read More
Repatriation process “People Centric and Transparent”  For Min sets record straight

Repatriation process “People Centric and Transparent” For Min sets record straight

The Foreign Ministry will continue facilitating repatriations without any financial burden on Sri Lankans, the Foreign Secretary asserted responding to …

January 8, 2021 | Featured, Other, Other News, Special Reports | Read More
President appoints 18-member De-Regulation Commission to simplify existing laws

President appoints 18-member De-Regulation Commission to simplify existing laws

President Gotabaya Rajapaksa has appointed a 18-member De-Regulation Commission for the Simplification of the Existing Laws and Regulations in the interest of …

January 7, 2021 | Legal | Read More
SriLankan Airlines calls on the Airline Pilots’ Guild to put the country first

SriLankan Airlines calls on the Airline Pilots’ Guild to put the country first

SriLankan Airlines has been supporting the national economy and country since the closure of the Bandaranaike International Airport in March 2020 with the …

January 7, 2021 | Aviation | Read More
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