Opinion: Easing Sri Lanka’s Fiscal Burden: Who Needs a State Pension?
By Priyanka Jayawardena: Public sector workers’ pensions are paid by tax revenue, with 12% of government revenue allocated for pensions. An …
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CameraLK Unveils New Sony Service Center with Specialized Repair Solutions
CameraLK, Sri Lanka's leading camera retail giant, recently unveiled its brand-new CameraLK Service Center at 244 High Level Rd, Colombo 05. This …
Private Sector Companies Awarded Authorised Economic Operator Status
Thirty-one private sector companies were awarded the prestigious AEO Tier 1 status at a Sri Lanka Customs awarding ceremony on 30 July at the NH …
Applications are now open for Presidential Export Awards 2023/24
The Sri Lanka Export Development Board (EDB) is pleased to announce that applications are now open for the Presidential Export Awards (PEA) 2023/24. …
Sri Lanka CCPI based headline inflation up by 2.4-pct in July 2024
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) was recorded at 2.4 percent …
Central Bank of Sri Lanka publishes its inaugural market operations report
The Central Bank of Sri Lanka (the Central Bank) released its inaugural Market Operations Report (MOR) with the aim of enhancing awareness and …
Offshore banking regulations gazetted for banks set to operate at Port City Colombo
Port City Colombo announced that two regulations, Offshore Banking, and Offshore Banking -- Prudent Management and Confidence, have been gazetted for …
Signing of MoU between ACCA and the CSE to increase financial literacy in Sri Lanka
The Association of Chartered Certified Accountants (ACCA) and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) recently to …
Port City Economic Commission Act to be amended to enhance global competitiveness
The Cabinet of Ministers has approved the proposal presented by the President in his capacity as the Minister of Investment Promotion to …
TISL Challenges Controversial VFS Visa Deal in Supreme Court
A fundamental rights petition (SC/FR/221/2024) was filed in the Supreme Court today (July 30) by Transparency International Sri Lanka (TISL) calling …
JKH records EBITDA of Rs.7.7Bn in Q1 2024/25, down 13-pct from year ago
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group EBITDA in the first …
Thilak Piyadigama takes the helm at WEBXPAY
In a strategic move towards advancing digital payment solutions in Sri Lanka, WEBXPAY welcomes Thilak Piyadigama, a veteran with over three decades …
Maharaja Foods Ltd launches pioneering IPO on CSE’s empower board
Maharaja Foods Limited, marked a significant milestone on 26th July 2024, becoming the first woman-owned enterprise in the agribusiness sector with …
Softlogic Stockbrokers’ Investment Platform “StockGPT” Enhanced with Azure OpenAI Service
Organizations across all industries and of all sizes are leveraging Microsoft AI’s versatile and cutting-edge solutions to achieve remarkable …
NVQSL 3 and 4 exams in Israel to evaluate skills of Sri Lankan caregivers
The Embassy of Sri Lanka in Israel in collaboration with the National Apprentice and Industrial Training Authority (NAITA) and the Tertiary and …
Time is running out: JAAF calls on GoSL to urgently reconsider SVAT abolition
With the countdown to the forthcoming abolition of the Simplified Value-Added Tax (SVAT) system ticking down to an end date of 1 st April 2025, the …
Balancing wages and well-being: A sustainable future for Sri Lanka’s Plantation sector
By Dr. Dan Seevaratnam Sri Lanka continues to grapple with severe economic challenges that affect all its citizens, including those in the plantation …
Justice Sector Goes Digital: Launch of the Commercial High Court Website
The justice sector in Sri Lanka took a significant leap forward with the successful launch of the Commercial High Court …
Presidential Election to be held on September 21
The Election Commission of Sri Lanka has issued the Gazette notification announcing the date of the 2024 Presidential Election and the date for …
Ministerial Sub-Committee’s Report on Effective RAMIS System Utilization Presented to the President
The report from the Cabinet Sub-Committee appointed to investigate and recommend effective utilization of the Revenue Administration Management …
Ceylon Chamber calls on Government to Revisit Visa strategy
The Ceylon Chamber of Commerce requests the Government to consider all aspects of the new eVisa issuance process and review the pricing in the larger …
Lower Generation Costs Support CEB’s Tariff Cut; No Immediate Risk to IPP Payments: Fitch Ratings
Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will stay adequate to service debt despite a 22.5% tariff cut from 16 July 2024, Fitch …
Prime Minister and Ministers Give Green Light to Operationalizing Citra 3.0
The Prime Minister of Sri Lanka, Hon. Dinesh Gunawardena convened a meeting yesterday with the co-chairs of the Citra Social Innovation Lab …
US-SL Fulbright Commission Fosters Opportunity for Sri Lankans to Pursue US Educational Opportunities
Through the work of the United States-Sri Lanka Fulbright Commission, the United States and Sri Lanka support and encourage academic exchanges …