SEC approves a regulatory framework for Infrastructure Bonds
The Securities and Exchange Commission (SEC) has approved a regulatory framework to facilitate the issuance and listing of Infrastructure Bonds on the Colombo …
Understanding Informal Remittances During a Crisis: Experience from Sri Lanka
By Dr Bilesha Weeraratne, Piyumi Ranadewa and Manisha Weeraddana: Introduction Remittances carry vast economic implications for recipient countries at both …
GALLE CONCERTO 2024: 6 Festivals In Art, Food, Literature & Music; Call for Extended Stays on SL’s South Coast
During the South Coast peak season of January through March of 2024, the ‘Galle Concerto’ series gives impetus to a symphony of heritage and contemporary …
Government Initiates VAT Exemption for Ayurvedic Products & Medicines to Lower Healthcare Costs: Minister
State Minister of Indigenous Medicine Sisira Jayakody announced a significant step toward reducing healthcare costs by exempting Ayurvedic products, medicines …
Navigating the Pharma Landscape in Sri Lanka: A Personal Reflection
By Dr Sayuru Samarasundera: Taking paracetamol when you are having a headache or bandaging your child's scrap when the child got hurt while playing does not …
CEAT goes Green in Sri Lanka with 2.4 MW solar power plant at Kelaniya
Sri Lanka’s top tyre maker CEAT Kelani Holdings has completed an investment of Rs 475.97 million in a High Tension (HT) metering roof-top photovoltaic panel …
ComBank unveils evolved logo, symbolising commitment to sustainability
The Commercial Bank of Ceylon has begun 2024 by underlining its commitment to sustainability – symbolically as well as literally. The instantly-recognisable …
Chef Gary Mehigan explores Sri Lanka’s cuisine, culture and scenery through Cinnamon Hotels & Resort
Gary Mehigan, the distinguished British-Australian celebrity chef and former original judge of MasterChef Australia, embarked on a profound weeklong …
SriLankan Airlines welcomes another aircraft to its fleet
SriLankan Airlines recently welcomed the arrival of a wide-bodied Airbus A330-200 aircraft wet-leased from Air Belgium, giving a further boost to its fleet. …
Janashakthi Group announces transfer of 25% of First Capital Holdings shares to Janashakthi Insurance
Janashakthi Group (JXG), a leading conglomerate in financial services with a presence in the Insurance, Finance, and Investment sectors, announces a strategic …
Sri Lanka Eyes Thai Market for fire coconut, wood apple, pineapple, dragon fruit & Scotch Bonnet pepper
Sri Lanka is pushing for greater access to the lucrative Thai fruit market, with Ambassador C.A. Chaminda I. Colonne recently meeting with Deputy …
Nirvana Chaudhary appointed as Chairman, Union Bank
Union Bank announced the appointment of Nirvana Chaudhary as the Chairman of Union Bank with effect from 21 December 2023. Chaudhary was appointed as a …
New Indian High Commissioner Santosh Jha Presents Credentials to President
In a diplomatic ceremony held at the Presidential Secretariat, the newly appointed High Commissioner of India to Sri Lanka, Santosh Jha, presented his …
Sri Lanka Banks Association Defends Parate Execution as Last Resort to Protect Depositors’ Funds
The Sri Lanka Banks Association (SLBA) has issued a statement defending the use of Parate Execution as a legal remedy for recovering mortgaged assets from …
Sri Lanka Revises VAT Exemptions Starting 2024 (Complete List)
The Inland Revenue Department of Sri Lanka has announced an update to the list of goods and services exempted from Value Added Tax (VAT) beginning January 1, …
VIDEO: The Most Beautiful Train Ride | Nas Daily in Sri Lanka
This is the most beautiful train ride. You will see beautiful nature. Beautiful culture. And beautiful people. Welcome to one of my favorite countries in the …
Sri Lankan SMEs Get Export Boost from EDB Coaching Programme
Recognizing the importance of small and medium-sized enterprises (SMEs) to Sri Lanka's export potential, the Export Development Board (EDB) recently concluded …
Sri Lanka and DFC Discuss Deepening Collaboration for Economic Growth
Following a significant investment in the Colombo Port expansion, Sri Lanka seeks to broaden its partnership with the U.S. International Development Finance …
Mahinda Rajapaksa Makes Public Statement Advocating for Lower Taxes
Former President and current leader of the Sri Lanka Podujana Peramuna (SLPP), Mahinda Rajapaksa, issued a media release today calling for a reduction in …
Sri Lankan Small Businesses Seek Breathing Room: Parate Law Suspension Talks Underway
A crucial meeting is set to take place tomorrow (21) at the Jasmine Hall, Bandaranaike Conference Hall, Colombo, between the Minister of Justice, Wijeyadasa …