Luxury SUVs for MPs while imports for doctors, general public held indefinitely: CMTA
The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including …
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US Provides Humanitarian Assistance to Sri Lankans Affected by MV X-Press Pearl Fire
The American people are providing $100,000 in immediate assistance to support response efforts to the MV X-Press Pearl ship fire. The MV X-Press …
World Bank approves $40 mn financing to improve water & sanitation services in Sri Lanka
The World Bank’s Board of Executive Directors approved $40 million in additional financing for Sri Lanka to expand water supply, sanitation, and …
Foreign Minister appreciates Russia’s support in conversation with Foreign Minister Lavrov
Foreign Minister Dinesh Gunawardena in a telephone conversation with the Minister of Foreign Affairs of the Russian Federation Sergey Lavrov on …
The key to Invest Forums is the ‘bottom-line’ conversion: MTI Consulting
Whilst commending the recently concluded ‘Sri Lanka Invest Forum 2021’, MTI Consulting has highlighted the need to diligently track and …
Sri Lankan non-life insurers’ capital to normalise after improving on lower claims
The regulatory risk-based capital (RBC) ratios of non-life insurers in Sri Lanka will normalise in the medium term with the resumption of dividend …
Sri Lanka Investment Forum concludes with over 4500 participants
The 2021 Invest Sri Lanka Forum, organized by the Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange, which commenced …
Opinion: Moving business and human rights agenda forward in SL in crisis times
By Myanthi Peiris, Business and Human Rights Specialist, UNDP Sri Lanka The COVID-19 pandemic brought about unprecedented social and economic …
SL is a strategically located strong economy with access to emerging and established markets : BOI Chief
Sri Lanka is a skills powerhouse, with the best living environment in South Asia, a senior official said. Additionally, Sri Lanka is the place to …
Positive response from Japanese Premier to President’s request for AstraZeneca vaccines
President Gotabaya Rajapaksa's request made to the Prime Minister of Japan, Yoshihide Suga, seeking to obtain 600,000 doses of AstraZeneca vaccine …
SLT-MOBITEL unveils ‘Entrepreneurship Studio’ to foster strong local tech Start-up ecosystem
-The programme offers attractive benefits including investment up to LKR One Million: Nurturing innovation and entrepreneurship in tech start-ups, …
Auckland tops EIU’s liveability rankings owing to its ability to contain Covid-19 faster
The overall global average liveability score has fallen by seven points, as compared with the average pre-pandemic score, a report by The Economist …
Determined enforcement & reliable information – SL’s need of the hour in IP protection call
By Sudath Perera, Managing Partner, Sudath Perera Associates Pursuant to the World Anti-Counterfeiting Day, which fell on 8th June 2021, we are …
Sri Lanka vehicle registration decline in Apr 2021
Total vehicle registrations for the month of April declined to 2,418 units from 3,556 units the previous month – the comparative month 12 months …
Dialog powers Sayuru to safeguard fishermen with weather forecasts & emergency alerts
With a keen focus on Empowering & Enriching Sri Lankan Lives, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider launched …
FCR recommends investors hold on to equity allocation & begin exiting beyond 8,000
Considering the fact that the market has already reached the 7,500 range, First Capital Research (FCR) recommends investors hold on to the equity …
Steps to expedite development activities powered by USAID grants
Steps have been taken to accelerate the United States Agency for International Development (USAID) funded development projects in Sri Lanka. This was …
PUCSL approves second 300MW natural gas-fired combined cycle power plant
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, granted its approval for the 2nd Re-gasified Liquid Natural …
Central Bank requests banks to carry out essential banking services adhering to guidelines
Sri Lanka's Central Bank requests banks to carry out essential banking services, strictly adhering to guidelines issued in providing banking services …
Central Bank invites private sector to raise offshore funding; zero-cost swap facility available
Sri Lanka's Central Bank with a view of encouraging foreign currency inflows to the country, invites the private sector to pursue avenues to raise …
Sri Lanka Investment Forum 2021 kicks off
Sri Lanka Investment Forum 2021 was inaugurated this morning by His Excellency the President Gotabaya Rajapakse on a virtual platform. Today’s …
Mitigating Sri Lanka’s COVID-19 Education Crisis: Priority Areas for Action
By Ashani Abayasekara and Thisali de Silva The year 2020 saw close to 1.6 billion students from over 180 countries being kept out of schools for …
DSI enjoins infringer for sale of lookalike products
An action was filed by D. Samson & Sons (Private) Limited, through its legal representatives, Sudath Perera Associates for the infringement …