Opinion: CB defends liquidity injections amid “Money Printing” controversy
by Dhananath Fernando A fresh controversy has erupted following reports that Sri Lanka’s Central Bank (CBSL) injected nearly 100 billion rupees into the …
Industry
JKH records continued growth momentum in Q2
Sri Lanka's John Keells Holdings PLC (JKH) reported continued growth momentum across almost all businesses in the second quarter, a statement showed. The …
Sri Lanka’s Global Competitiveness at Risk: The Economic Cost of Cargo Clearance Delays
Efficient border agency operations are crucial for any economy, especially for island nations like Sri Lanka, where trade significantly contributes to economic …
Ramp Up 2024: WCIC’s fashion show focuses on empowering Sri Lankan designers
The Women’s Chamber of Industry and Commerce (WCIC) proudly announces ‘Ramp Up! 2024’, a significant fundraiser dedicated to empowering Sri Lankan female …
CBL Munchee achieves BRC AA+ grade and GPEA ‘World Class’ recognition
Ceylon Biscuits Limited (CBL), Sri Lanka’s leading biscuit manufacturer and the proud owner of flagship brand Munchee, announces its remarkable achievement …
Assetline Finance join hands with BlueOrchard in empowering women entrepreneurs
In a groundbreaking development, Assetline Finance Limited, the flagship company in the financial services cluster of the David Pieris Holdings (Private …
President Appoints Hans Wijayasuriya as Chief Advisor on Digital Economy
President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has …
Glovis Dual Fuel LNG RORO Carrier Docks at Hambantota International Port
The LNG (liquefied natural gas) dual-fuel RORO vessel Glovis Selene made its maiden call at the Hambantota International Port (HIP) last week, unloading 627 …
Got Trapped in a Digital Scam? 5 Smart Steps to Secure Yourself Quickly
As shoppers start to spend more digitally, fraudsters actively seek vulnerable shoppers for financial scams. Emerging digital payment frauds can catch even the …
Sri Lanka CERT alerts Public to Beware of Fake Messages on social media
The Sri Lanka Computer Emergency Readiness Team (CERT) today issued an alert to the public about the surge in fake messages being disseminated via social media …
Noyon celebrates over a century of lace heritage and 20yrs of design and craftsmanship in Sri Lanka
Noyon Lanka (Pvt) Ltd, a leader in lace design and sustainable textile manufacturing, marked its 20-year anniversary in Sri Lanka with a special event under …
Evolving apparel industry models: Hela and Reebok’s partnership to capitalize on verticality
Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with …
Sampath Bank strengthens global ties with USD 750Mn investment in SBI syndicated loan
Sampath Bank PLC proudly announces its participation in a significant financial milestone, contributing to the $750 million senior unsecured syndicated term …
Driving global change: GSCS International and JAAF lead in sustainable development
GSCS International Ltd, with a global presence in over 35 countries, offers steady, sustainable, and enduring development as a provider of certification, …
Union Bank Partners with Micro Cars Limited to provide customers with convenient leasing facilities
Union Bank recently signed a MOU with Micro Cars Limited to provide customers with convenient leasing facilities, coupled with added benefits. The MOU was …
Cinnamon Air Launches New Flights Connecting South Coast with Cultural Triangle and Central Hill Country
Cinnamon Air, Sri Lanka’s premier domestic airline, is proud to announce the launch of two new daily scheduled flights connecting Kandy and Sigiriya with the …
Ceylon Chamber and Sri Lanka Banks’ Association strengthen ongoing partnership
The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) signed a Memorandum of Understanding (MOU) to formalise and strengthen their …
Sri Lanka to scrutinize wind energy procurement practices post-elections, including Adani project
Cabinet Spokesman Minister Vijitha Herath says that the Sri Lankan government will review wind energy procurement practices including the project by India’s …
Sri Lanka smartphone market surges 218-pct in Q2 2024: IDC
Sri Lanka’s market shipped 365 thousand units, with 218% YoY growth, showing a triple-digit growth trend for 5 consecutive quarters, market intelligence …
Mahindra Ideal Finance appoints Mufaddal Choonia as MD and CEO
Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance has announced the appointment of Mufaddal Choonia as its new Managing Director & …