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JICA handed over Composting Machinery at Karadiyana to Western Province Governor

Japan International Cooperation Agency (JICA) supported National Solid Waste Management Support Centre, Waste Management Authority and a number of …

Opinion: Catalyzing MSMEs amid rising poverty?

By Indika Hettiarachchi As Sri Lankan economy is recovering from the economic crisis, there are lot of discussions on catalyzing the ailing micro, …

ComBank Bangladesh operations receive ‘AAA’ credit rating by CRISL

Commercial Bank Bangladesh, the Bangladesh operation of Commercial Bank of Ceylon PLC, has received a ‘AAA’ (Triple A) Long Term credit rating …

SL’s IT and BPM sector urges reconsideration of tax measures affecting export services: SLASSCOM

In light of the recent communication regarding the removal of the exception on the export of services, we, the Sri Lanka Association of Software and …

Sri Lanka Seeks Commercial Loan Relief to Align with IMF Requirements: CBSL Governor

Sri Lanka is actively negotiating with commercial creditors for debt relief similar to that achieved with bilateral creditors, Governor of the …

Sri Lanka urged to tap sustainable bonds for economic and environmental progress: ADB

The Asian Development Bank (ADB) urged Sri Lanka to ramp up its growth efforts while tackling climate change challenges, emphasizing the potential of …

Despite Framework, Sri Lanka Seeks ESG Investors for Green Bonds Amid Sovereign Rating Challenges

Despite the establishment of a robust regulatory framework for Sustainable Bonds in October 2023, Sri Lanka has yet to see new issuances in its local …

Global Environment Facility grants USD 5mn to Environment Ministry & UNDP to implement project on chemical disposal

Sri Lanka does not manufacture products which contain POPs or Mercury. However, many products containing these substances are imported to the country …

Emirates announces exclusive fares for Sri Lankan travellers booking trips to Europe and USA

Emirates has announced special fares exclusive to Sri Lanka, enabling travellers from Colombo to enjoy journeys to Europe and North America while …

CEAT tyres roll into Brazil, expanding brand’s export footprint

Brazil, the country that gave the world natural rubber, has become the latest export market for CEAT tyres manufactured in Sri Lanka. CEAT Kelani …

Joint Chambers of Commerce Urge Customs Officials to Prioritise National Interests Above Personal Issues

The Joint Chambers of Commerce urge the Customs Officers to call off the ongoing work to rule, and the strike planned for the 4th and 5th of July. …

Foreign Minister invites Japan to resume investment projects which are currently in pipeline

In an effort to strengthen economic ties, the Foreign Minister of Sri Lanka cordially invites Japan to resume the investment projects that are …

SL and Singapore explore strengthening cooperation in maritime, port development and aviation sectors

High Commissioner of Sri Lanka to Singapore Senarath Dissanayake met with Minister for Transport and Second Minister for Finance of Singapore Chee …

ComBank’s Debenture Issue, largest ever debenture by a private bank oversubscribed on opening day

The Commercial Bank of Ceylon’s and Sri Lanka’s largest ever debenture issue by a private bank closed after oversubscription on its opening day, …

Supreme Court Determination of the Public Financial Management Bill

The Supreme Court today held that the Clauses 32(3) and 32(4) of the Public Financial Management Bill are unconstitutional, and shall only be passed …

Hettigoda Industries clinches gold at presidential environment awards

Sri Lanka's leading Ayurvedic company, Hettigoda Industries (Pvt) Ltd., was celebrated at the 2024 Presidential Environment Awards, securing the Gold …

First Capital Holdings announce board appointments

First Capital Holdings PLC, a member of the Janashakthi Group, is pleased to announce key appointments to its Board of Directors, effective June 28, …

Fitch affirms Sunshine Holdings at ‘AA+(lka)’; Outlook stable

Fitch Ratings has affirmed Sunshine Holdings PLC's National Long-Term Rating at 'AA+(lka)'. The Outlook is Stable. Sunshine's rating reflects its …

CFA Society Sri Lanka Presents Course on Key Economic Indicators for Business Success

CFA Society Sri Lanka is pleased to announce an exclusive course on "Understanding Key Economic Indicators for Business Success," presented by the …

Swiftcourt entering Sri Lanka market with Blockchain-Enabled Escrow Payment Service supported by XVC Tech & XDC Network

Swiftcourt, the leading platform for secure consumer-to-consumer (C2C) transactions in Europe, is set to revolutionize the global marketplace …

Vision Care Brings World’s First Sensor-Driven Brain Hearing Technology to Sri Lanka

Vision Care Hearing Solutions, a leading provider of hearing care solutions in Sri Lanka and a part of Vision Care, the largest vision and hearing …

Fitch affirms Merchant Bank of Sri Lanka and Finance at ‘BBB+(lka)’; Outlook stable

Fitch Ratings has affirmed Merchant Bank of Sri Lanka & Finance PLC's (MBSL) National Long-Term Rating at 'BBB+(lka)'. The Outlook on Stable. …

Gevorg Sargsyan Announced as World Bank Group Country Manager for Sri Lanka

Starting today, Gevorg Sargsyan becomes the World Bank Group Country Manager for Sri Lanka, a position that will unify country-level leadership …

Hemas Holdings announces appointment of Ajith Fernando & Supun Weerasinghe as Directors

Hemas Holdings PLC announced the appointment of Ajith Fernando and Supun Weerasinghe as Independent Non-Executive Directors, effective 1st July 2024. …