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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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, …
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 …
“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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …