Fitch Rates DFCC Bank’s Debut Green Bond Final ‘A-(lka)’
Fitch Ratings has assigned DFCC Bank PLC's (A-(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured listed green bonds of up to LKR2.5 …
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Advanced port technology & automation to make Colombo Port more efficient: SLPA Chairman
“Adopting advanced port technology and automation are some of the latest solutions planned by the Port of Colombo to increase productivity and …
SEC acquires world class Market Surveillance system from Nasdaq
The Securities and Exchange Commission of Sri Lanka (SEC) has taken a significant step towards strengthening its market surveillance role by …
TISL Demands Accountability in Proposed Mineral Sands Mining Project in Puttalam
Transparency International Sri Lanka (TISL) filed a complaint with the Human Rights Commission of Sri Lanka (HRCSL) on July 19th, requesting an …
HNB’s Rating Unaffected by Proposed Acquisition of Alfalah’s Bangladesh Business: Fitch Ratings
Hatton National Bank's potential acquisition of Bank Alfalah Limited’s Bangladesh operations is unlikely to affect the Sri Lankan bank’s ratings, …
Opinion: The Importance of maintaining FDIs amidst changing governments
By Jithendra Antonio: As the presidential election draws near, the people are eagerly awaiting the next era of Sri Lanka. There is no doubt that …
Port City Colombo attracts 100+ companies as authorised persons
Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons (AP’s), as of August 24th, 2024. These …
IFC Partners with Diversity Collective Lanka and Women in Management to Promote Respectful Workplaces in SL
The International Finance Corporation (IFC) has joined forces with Diversity Collective Lanka (DCLK) and Women in Management (WIM) to launch a …
Sri Lanka’s First Natural Gas Power Plant Launched by President
President Ranil Wickremesinghe emphasized that the renewable energy sector should become the primary driver of economic growth in Sri Lanka over the …
Government Reaches Agreement with IMF to Revise PAYE tax Policy, says President
President Ranil Wickremesinghe announced that the government has reached an agreement with the International Monetary Fund (IMF) to revise the Pay As …
Fortude Ignite WomenTech internship 2024 empowers future tech leaders
The Fortude WomenTech Internship 2024, which commenced in August2024 following a selection from over 1,400 applications, marked two intense weeks of …
Sri Lanka Law College Unveils New Digital Platform to Enhance Legal Education
The Sri Lanka Law College successfully launched its new website https://www.sllc.ac.lk/home developed with the support of the European Union-funded …
MAS Holdings named official clothing partner of the National Paralympic Committee of Sri Lanka
MAS Holdings was announced as the Official Clothing Partner of the National Paralympic Committee of Sri Lanka (NPC) during the official unveiling and …
Beyond red tape: How digitalization can save Sri Lanka’s economy
In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s …
Sri Lanka’s Industries call for reduction in water tariffs to boost competitiveness
A collective of trade associations including the Joint Apparel Association Forum (JAAF), the Federation of Chambers of Commerce and Industry in Sri …
TISL flags election law violations over Government’s pre-poll announcements of subsidies and pay hikes
Transparency International Sri Lanka (TISL), in its role as an election watchdog that scrutinizes the misuse of public resources for election …
Claims of Large Outstanding Taxes Are an Illusion; Over Rs. 1Tn Tax Revenue Suspended Due to Court Cases: Officials
Commissioner General of the Excise Department M.J. Gunasiri dismissed claims of significant arrears in three major government revenue …
Hambantota International Port projects 50-pct growth in 2024
The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40% growth recorded in 2024 to date. The port’s …
IFC Launches First-of-its-kind Program to Support Financial Institutions in Addressing Financial Abuse
To support financial institutions in addressing financial abuse, IFC today launched 'Empower Finance', an 18-month program implemented with support …
The Ceylon Chamber of Commerce Hosts Economic Policy Debate Ahead of Presidential Election
The Ceylon Chamber of Commerce is proud to announce that in the lead-up to the Presidential election, it will host Sri Lanka’s first-ever debate on …
Opinion: Is Sri Lanka’s state sector as inefficient as alleged?
By Indika Hettiarachchi As Sri Lanka’s presidential and parliamentary elections get closer there are growing accusations that politicians have …
Union Bank Unveils Upgraded UBgo Mobile App as Part of Digital Transformation Agenda
Union Bank is excited to announce the launch of the upgraded UBgo mobile app, marking a significant milestone in the bank’s digital transformation …
Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses
Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading …
Sri Lanka’s July 2024 Exports Surge to USD1 Bn, Marking a 6.58-pct Year-on-Year Increase
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in July 2024 amounted to US$ 1,087.6 million, …