SL Retailers’ Association urges for relief measures from PM
Sri Lanka Retailers Association (SLRA), the apex body of Sri Lanka’s Organised Retail Sector (ORS) consisting of last mile retailers, met Prime …
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SriLankan Airlines to resume flights to Moscow
SriLankan Airlines the National Carrier of Sri Lanka and a member of the oneworld alliance resumes flights to the Russian capital, Moscow. …
Issue of Commemorative Coins to Mark 100th Anniversary of Communist Party of China
The Central Bank of Sri Lanka (CBSL) has issued gold and silver commemorative coins of Rupees 1,000, each with same depiction, to mark 65th …
Sri Lanka’s Central Bank inching towards taper tantrum: First Capital Research
First Capital Research believes that there is a 95% probability for policy rates to remain unchanged at the next monetary policy meeting due to the …
Fitch Assigns Sri Lanka’s Ceat Kelani First Time ‘AA+(lka)’ National Rating
Fitch Ratings has assigned Ceat Kelani Holdings Pvt Limited (CKH) a National Long-Term Rating of 'AA+(lka)'. The Outlook is Stable. CKH's rating …
Shangri-La appoints JLL as exclusive leasing agent for One Galle Face Tower
In a first for the commercial real estate industry in Sri Lanka, the Shangri-La Group — one of the world’s premier developers, owners and …
PUCSL signs MOU with USAID’s youth employment and entrepreneurship project
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, signed a Memorandum of Understanding (MOU) with USAID’s …
Rising interest rates; a lifeline for life insurers: First Capital Research
Life Insurers are expected to benefit from rising interest rates due to the higher investment returns as asset allocation in Life Insurance is skewed …
JAT Holdings announces forthcoming Initial Public Offering
JAT Holdings, Sri Lanka’s trusted industry leader in finishing and furnishing, recently announced the firm’s intention to enter an Initial Public …
Support Measures Ease Pressure on Sri Lankan Banks’ Credit Profiles: Fitch Ratings
Sri Lankan banks' performance in 2020 and 1Q21 exceeded Fitch Ratings’ initial expectations, thanks to stimulus and regulatory relief measures. …
Sri Lanka Gets First Batch of World Bank-financed COVID-19 Vaccines
A consignment of Pfizer vaccines today arrived in Colombo, the first batch of 800,000 doses to be delivered in the next few weeks. A total of five …
Dialog Axiata Launches Milestone 4,000th Network Tower in Thihawa
Reiterating its commitment to expanding connectivity to every corner of the nation, Dialog Axiata PLC, the widest network in Sri Lanka, launched its …
Sri Lanka restricts outward remittances for 6 months to preserve foreign exchange position
With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency …
Colombo Stock Exchange Signs MoU with CHEC Port City Colombo
The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by …
COVID vaccine for all aged over 30 in Western Province before July 31: President
President Gotabaya Rajapaksa has instructed the health sector official to vaccinate all the people aged over 30 in the Western Province before July …
Opinion: SOE Reforms; the Impetus for Post Pandemic Economic Revival
By Imesha Dissanayake State-Owned Enterprises (SOEs) have many definitions to it, often entailing a definition of a legal entity engaged in a …
First Capital Partners with Habitat for Humanity Sri Lanka to Build Homes & Transform Communities
First Capital Holdings PLC launches a three-year CSR programme by partnering with Habitat for Humanity Sri Lanka to build homes for families in need. …
Large Sri Lankan Banks Most Exposed to Sovereign Risk: Fitch Ratings
Sri Lanka's largest banks are the most susceptible to heightened sovereign risk due to their higher exposure to foreign-currency denominated …
VIDEO: Windows 11 | Microsoft CEO Satya Nadella on the New ‘Start’ of the PC
Windows 11, due out later this year, is full of new features, including a new Start menu that's been moved to the center and a Microsoft Store with …
NDB Secures USD75Mn from the United States Development Finance Corporation
NDB Bank disclosed that they have secured a long term funding line of USD75Mn from the Development Finance Corporation of the United States to …
Vish Govindasamy elected as Chairman of Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce elected Mr. Vish Govindasamy as its Chairman during the Chamber’s 182nd Annual General Meeting on Tuesday …
Chamber Academy to host webinar on Revision of Forex Regulations & its Implications
The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce has joined hands with Hutchison Telecommunications Lanka (Pvt) Ltd and …
WindForce Accredited by IESL to Train Graduate Engineers
WindForce Ltd., the pioneers of renewable energy in both Sri Lanka and other countries across the globe, has just been approved by the Institution of …
South Asia Must Reform State-Owned Banks & Enterprises to Avert Next Financial Crisis: WB
South Asia’s heavy reliance on state-owned commercial banks, state-owned enterprises, public-private partnerships and other national and …