Fitch places Sri Lanka Telecom’s ‘A(lka)’ Rating on Watch Positive following proposed disposal
Fitch Ratings has placed Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating of ‘A(lka)’ on Rating Watch Positive (RWP) reflecting the …
General Services
Innovative Digital Marketplace to Help Sri Lanka’s Small Businesses
To expand the reach of small and medium enterprises (SMEs), including women-owned small businesses, the International Finance Corporation (IFC) is supporting …
CA Sri Lanka expands its global footprint with an overseas chapter in Canada
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which prides itself on being a world-class professional body, continued to expand its …
Sri Lanka electricity tariff revision breakdown
With immediate effect, Sri Lanka’s power regulator, the Public Utilities Commission Wednesday approved a 66 per cent hike in electricity tariffs. The …
Ceylon Chamber Facilitates SME Entry to International Markets
Supporting the capacity development and growth of the Small and Medium Enterprises sector, the Ceylon Chamber of Commerce recently held a series of workshops …
CA Sri Lanka to create history in the Middle East with inaugural conference for Accountants
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which stakes claim for organising the biggest annual business summit in Sri Lanka, is set to …
CDS signs up with Lanka IOC to act as Registrar
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as …
Fitch downgrades five SL finance and leasing companies’ ratings; Maintains RWN
Fitch Ratings has downgraded the National long-term ratings of five Sri Lankan finance and leasing companies (FLCs) after the recent sovereign downgrade and …
Delegation of UAE investors visits Port City
A delegation of investors from the United Arab Emirates, led by His Royal Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo …
USAID, Keells & HNB Partner to Provide USD 4Mn Lending Facility in Sri Lanka
The United States Agency for International Development (USAID) coordinates with Keells Supermarkets and Hatton National Bank (HNB) on an innovative supply …
Aitken Spence records quadruple-digit growth over previous year
The diversified blue-chip Aitken Spence PLC reported a profit before tax of Rs. 8.5 Bn for the six months ended 30th September 2022. This is an …
SL Purchasing Managers’ Index: Sept 2022 manufacturing PMI decline
Manufacturing PMI declined in September 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI …
Ceylon Chamber seeks acceleration of reforms and greater accountability for Govt spend
The Ceylon Chamber of Commerce acknowledges the rationale for the recently proposed tax changes and calls on the Government to show greater restraint, …
PRCA APAC findings shed light to the state of the PR industry in Sri Lanka
The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, carried out a survey during …
Ceylon Chamber to Host Sri Lanka Economic Summit 2022
As Sri Lanka begins the monumental task of laying the groundwork for economic revival, the Sri Lanka Economic Summit (SLES) 2022 organised by the Ceylon …
Dialog in Partnership with Sampath Bank Launches Tourist Fuel Pass; Unrestricted Access to Fuel for Tourists
Dialog Axiata PLC on the invitation of Ministry of Power and Energy and Ministry of Tourism partnered Sampath Bank PLC, to launch the Tourist Fuel Pass (TFP) …
Visa introduces P2P to Sri Lanka powering cashless personal payments
Visa Inc. (NYSE: V), has today announced the launch of Person to Person (P2P) payments in Sri Lanka, enabling consumers to both make and receive payments …
Now Uber Eats Delivery through push cycles in Sri Lanka
Uber Eats in Sri Lanka has reiterated its commitment to the market by dialing up support to Courier partners on its platform during the current challenging …
APTS prepares for its next phase of growth by strengthening its leadership team
Asia Pacific Technology Systems (APTS), an award-winning Information Technology Solutions provider in the region, is gearing for its next phase of growth …
Sri Lanka’s trade deficit widens in Feb 2022 despite above USD 1Bn of export earnings
The momentum of export earnings continued with over US dollars 1.0 billion for the ninth consecutive month in February 2022. Meanwhile, import expenditure also …