Fitch Assigns Asia Asset Finance a First-Time Rating of ‘A+(lka)’; Outlook Stable
Fitch Ratings has assigned Sri Lanka-based Asia Asset Finance PLC a first-time National Long-Term Rating of 'A+(lka)' with a Stable outlook. Asia Asset Finance …
Industry
RIUNIT Webinar: IMF, geopolitics, and Sri Lanka’s economic sovereignty
Sri Lanka, facing internal and external challenges, grapples with the aftermath of its external debt crisis, exacerbating existing economic issues. The Easter …
JKH records strong growth in EBITDA to Rs.13.7 Bn in Q3 2023/24
John Keells Holding says during the quarter under review, the Group reported a strong performance with all industry groups recording a growth in profits with …
EDEX Expo 2024: Empowering Sri Lankan youth with education, innovation, and sustainability
Dedicated to providing comprehensive insights into a diverse range of opportunities in higher education, training, gainful employment and entrepreneurship for …
Sri Lankan Airlines facilitates collaborative effort to boost SL’s tourism industry
An interactive session organized by the Sri Lankan Airlines at the Sri Lanka High Commission in London, served as a platform for fostering collaboration …
Sri Lanka’s Motor Insurance Changes to Hit Non-Life Sector: Fitch Ratings
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism (SRCCT) premiums to state-owned …
Sri Lanka Telecom on the Verge of Ownership Change: Only Jio and Gortune in the Running Now
The Government of Sri Lanka, through its Ministry of Finance, Economic Stabilization, and National Policies, has closed the first stage of its plan to divest …
Inclusive and sustainable businesses set new pathways for Sri Lanka
By Marta Perez Cuso and Yihan Zhao: Selyn, a women-led handloom business, offers flexible employment and valuable income opportunities to about 1,000 women …
From Rooftops to the National Grid: Sri Lanka’s Solar Scheme Adds 630 Million Units in 2023
The Ceylon Electricity Board (CEB) implemented the Rooftop Solar Scheme, which resulted in an addition of 630 million units of electricity to the national grid …
Hambantota International Port Sees 132-pct Increase in Vessel Calls; Sinopec Fuels Port’s Rise
Over 300 oil and gas cargo vessels visited the Hambantota international Port (HIP) in 2023, recording a 132 percent increase in vessel calls compared to …
Visa Accelerator Program 2024 now open for Applications from Fintechs in Sri Lanka
Visa (NYSE: V), the global leader in digital payments, today announced the launch of the fourth edition of Visa Accelerator Program with an open call for …
PRCA APAC reveals findings on Sri Lanka’s PR industry for 2024 and years to come
The APAC chapter of the Public Relations and Communications Association (PRCA), the world’s largest and influential PR body, together with its board member …
Land price movement at its flattest in many years: RIUNIT
The Research Intelligence Unit says that during the firms extensive 21 years of tracking land prices in Sri Lanka, the current period stands out as the …
Hela Apparel Holdings PLC Acquires Major UK-Based Apparel Brand Licensing House
In a landmark move for the Sri Lankan apparel industry, Hela Apparel Holdings PLC has announced the acquisition of a major UK-based apparel brand licensing …
VAT on used vehicles hurts the common man and creates a black market – CMTA
The Ceylon Motor Traders’ Association (CMTA) made a statement claiming that the newly imposed VAT on used vehicles, has supported the creation of a black …
PUCSL and Environment Min ink agreement to enhance certification system for RAC and MAC Technicians in SL
The Public Utilities Commission of Sri Lanka (PUCSL) – the electricity industry regulator, signed a Memorandum of Understanding (MOU) with the Air Resource …
SriLankan Aviation College joins ranks of IATA’s regional training partners
SriLankan Aviation College, the training arm of SriLankan Airlines, has signed on to become Sri Lanka’s only International Air Transport Association (IATA) …
Neighbouring Countries Economic Development Cooperation Agency of Thailand extends support to SLanka
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand agreed to enhance and expand its cooperation with Sri Lanka during a …
Oil Spill Drill at Hambantota International Port
Hambantota International Port (HIP) in partnership with the Sri Lanka Coast Guard and the Sri Lanka Navy, conducted an oil spill drill last week, to enhance …
99x Achieves ISTQB Platinum Partner Status Elevating Software Quality Assurance Excellence
99x, a global IT services company, proudly announces its achievement of the prestigious International Software Testing Qualifications Board (ISTQB) Platinum …