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TISL Invites Public Comments on the Proposed Law on Recovery of Stolen Assets

TISL Invites Public Comments on the Proposed Law on Recovery of Stolen Assets

Grand corruption has long plagued Sri Lanka, undermining the country’s economic development and eroding public trust in the government. Citizens have been …

May 3, 2024 | Politics | Read More
Finance for Non-Finance Managers: Best-Seller on Amazon to be Ultimate Guide to Mastering Money Matters

Finance for Non-Finance Managers: Best-Seller on Amazon to be Ultimate Guide to Mastering Money Matters

Financial literacy is key to managing money effectively, but managers without a background in finance may find concepts such as budgeting, building and …

May 3, 2024 | People | Read More
Fitch Assigns Asia Asset Finance’s Proposed Senior Debt ‘A+(EXP)(lka)’ Rating

Fitch Assigns Asia Asset Finance’s Proposed Senior Debt ‘A+(EXP)(lka)’ Rating

Fitch Ratings has assigned Asia Asset Finance PLC's (A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to LKR2 billion an …

May 2, 2024 | Banking and Finance | Read More
Sri Lanka exports earnings up almost 10-pct in Mar 2024

Sri Lanka exports earnings up almost 10-pct in Mar 2024

The deficit in the merchandise trade account narrowed to US dollars 369 million in March 2024 from US dollars 412 million recorded in March 2023, primarily due …

May 1, 2024 | Companies, Economy, Economy & Markets, Featured, Industry | Read More
Sri Lanka inflation up 1.5-pct in April 2024

Sri Lanka inflation up 1.5-pct in April 2024

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 showed some uptick to record 1.5% in …

May 1, 2024 | Featured | Read More
Pan Asia Bank and Janashakthi Life partner, forging era of financial empowerment

Pan Asia Bank and Janashakthi Life partner, forging era of financial empowerment

As a testament to its continuous devotion to its customers' satisfaction, Pan Asia Bank, the Truly Sri Lankan Bank, has established a strategic partnership …

May 1, 2024 | Banking and Finance, Companies, Featured, Industry, Insurance | Read More
EDB and CHEC Port City Colombo sign MoU to boost export businesses

EDB and CHEC Port City Colombo sign MoU to boost export businesses

In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of the …

April 30, 2024 | Companies, Companies, Economy, Economy & Markets, Featured | Read More
UNDP and Colombo Stock Exchange sign MoU to leverage capital markets for sustainable financing

UNDP and Colombo Stock Exchange sign MoU to leverage capital markets for sustainable financing

The United Nations Development Programme (UNDP) in Sri Lanka and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) to establish a …

April 29, 2024 | Companies, Featured, Industry | Read More
Virtusa concludes first-ever LinkedIn community event in Sri Lanka

Virtusa concludes first-ever LinkedIn community event in Sri Lanka

Virtusa Corporation, a global provider of digital engineering and IT services, proudly hosted the first-ever LinkedIn (LI) community event in Sri Lanka, dubbed …

April 29, 2024 | Companies, Featured, Industry, Other News, Technology | Read More
Japanese Foreign Minister Yoko Kamikawa to visit Sri Lanka

Japanese Foreign Minister Yoko Kamikawa to visit Sri Lanka

Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04-05 May 2024. During this visit, the …

April 29, 2024 | Featured, Other | Read More
CTC appoints Fariyha Subhani as Managing Director

CTC appoints Fariyha Subhani as Managing Director

Ceylon Tobacco Company PLC (CTC) announced the appointment of Fariyha Subhani as Managing Director and Chief Executive Officer, effective 15 th April 2024. …

April 29, 2024 | Companies, Featured, Industry | Read More
U.S. Under Secretary Alexis Taylor Visits Sri Lanka to Strengthen Agricultural Ties and Food Security

U.S. Under Secretary Alexis Taylor Visits Sri Lanka to Strengthen Agricultural Ties and Food Security

On Friday in Colombo, Alexis Taylor, Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), together with …

April 26, 2024 | Agriculture | Read More
‘SriLankan Airlines and Air Seychelles embark on  Codeshare Partnership’

‘SriLankan Airlines and Air Seychelles embark on Codeshare Partnership’

SriLankan Airlines, the national carrier of Sri Lanka and Air Seychelles, the national airline of the Republic of Seychelles, have embarked on a codeshare …

April 26, 2024 | Aviation, Featured, Industry | Read More
CBSL releases inaugural annual economic review and financial statements for 2023

CBSL releases inaugural annual economic review and financial statements for 2023

The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), namely, the Annual Economic Review 2023, and the …

April 26, 2024 | Banking and Finance | Read More
Fitch Affirms Siyapatha Finance at ‘BBB+(lka)’; Outlook Stable

Fitch Affirms Siyapatha Finance at ‘BBB+(lka)’; Outlook Stable

Fitch Ratings has affirmed Siyapatha Finance PLC's National Long-Term Rating at 'BBB+(lka)' with a Stable Outlook. Fitch also affirmed Siyapatha's subordinated …

April 26, 2024 | Banking and Finance | Read More
Ceylon Chamber Welcomes National Digital Economy Strategy

Ceylon Chamber Welcomes National Digital Economy Strategy

The Ceylon Chamber recognizes the Digital Economy as a key enabler for Sri Lanka’s economic growth acceleration. The National Digital Economy Strategy 2030 …

April 25, 2024 | Technology | Read More
Japan Provides USD 3 Mn Through FAO to Strengthen Inland Fisheries in Sri Lanka

Japan Provides USD 3 Mn Through FAO to Strengthen Inland Fisheries in Sri Lanka

The Japanese Government has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland …

April 25, 2024 | Agriculture | Read More
Eight Sri Lankan Diplomats visit Hambantota International Port

Eight Sri Lankan Diplomats visit Hambantota International Port

With representatives from several foreign embassies represented in Sri Lanka visiting the Hambantota International Port (HIP) to investigate business …

April 25, 2024 | Shipping and Transport | Read More
Sri Lanka unveils new eVisa scheme offering longer durations of stay & diverse visa categories

Sri Lanka unveils new eVisa scheme offering longer durations of stay & diverse visa categories

The newly launched www.srilankaevisa.lk platform significantly enhances Sri Lanka’s visa processing system by replacing the previous Electronic Travel …

April 24, 2024 | Aviation, Tourism | 1 Comment | Read More
SLASSCOM welcomes Sri Lanka’s National Digital Economy Strategy

SLASSCOM welcomes Sri Lanka’s National Digital Economy Strategy

Sri Lanka, a nation poised at the cusp of digital transformation, has taken a monumental step forward with the introduction of its National Digital Economy …

April 24, 2024 | Banking and Finance, Companies, Featured, Industry, Technology | Read More
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