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 …
Industry
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 …
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 …
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 …
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 …
President of Iran to arrive in Sri Lanka to open Uma Oya today
President of the Islamic Republic of Iran Dr. Ebrahim Raisi is scheduled to make an official bilateral visit to Sri Lanka at the invitation of President Ranil …
Australia and Sri Lanka further strengthen ties with launch of new joint maritime security operation
Australia and Sri Lanka’s commitment to countering maritime security threats has been on display with the launch of a new joint maritime security operation …
The Colombo Port City Economic Commission approves 42 companies as AP’s
Port City Colombo, a multi-service Special Economic Zone (SEZ) and a regional financial centre and business hub, has made significant progress in capturing key …
‘ComBank Digital’ links Dept. of Commerce for online payments with LankaPay
The Commercial Bank of Ceylon has announced the integration of the Department of Commerce (DOC) with ‘ComBank Digital’ enabling online payments for …
WSO2 Expands Presence in India to Strengthen Service & Support for Customers Worldwide
WSO2 Inc., a leading independent software vendor specializing in open-source API management, integration, and identity and access management (IAM) products and …
PMI indicate expansions in manufacturing and services activities in March ’24
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 62.5 in March 2024, indicating an expansion in …
ComBank appoints new Chairman and Deputy Chairman
Commercial Bank of Ceylon PLC has announced the appointment of top international investment banker Mr Sharhan Muhseen as Chairman, and financial services …
CEAT Kelani launches 3 new radial tyre variants
Sri Lanka’s leading pneumatic tyre manufacturer CEAT-Kelani has introduced three new variants of high-performance radial tyres into the market, widening …
Interview: Three questions to Frank Dandy about moving production to Sri Lanka
BLOG SWEDEN SRI LANKA BUSINESS (https://blogg.sslbc.se) Since 2017, Daniel Hörnqvist has been the CEO of the Swedish fashion brand Frank Dandy. When he took …
ComBank breaks new ground in Sri Lanka enabling Alipay QR payments for merchants
The Commercial Bank of Ceylon has opened up a world of new opportunities for Sri Lankan businesses, by becoming the first bank in Sri Lanka to enable Alipay QR …
Fitch Rates Hatton National Bank’s Basel III Subordinated Debt ‘BBB+(EXP)(lka)’
Fitch Ratings has assigned Hatton National Bank PLC's (HNB, A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of …
ADB partnership strategy 2024-28 for SL to foster sustainable recovery, build resilience, and revive growth
The Asian Development Bank (ADB) has launched a new country partnership strategy (CPS) for Sri Lanka covering the period 2024–2028. The strategy …
Visa sees 35%+ surge in debit card spends; trend expected to continue in upcoming Avurudu season
Visa (NYSE: V), the global leader in digital payments, today announced that Visa debit card spends saw a significant increase of over 35% in the past year, …
CBSL strengthens Business Revival Units in Banks to Support Revival of Businesses
The Central Bank of Sri Lanka issued broad guidelines to licensed banks on 28 March 2024, to further strengthen the functions of already established Post …
CA Sri Lanka’s ‘The Hub’ magazine takes flight in the Middle East to help build economic bridges
Embarking on a journey of connectivity, the Kuwait Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) ventured into uncharted …