Ceylon Chamber and Global Alliance partner for sustainable development and climate action
The Ceylon Chamber of Commerce and the Global Alliance for a Sustainable Planet (GASP) signed a Memorandum of Understanding (MOU) to tackle urgent …
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Ceylon Chamber commends board-level agreement on second IMF review, Calls for sustained economic reforms
The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s …
Fitch assigns National Development Bank’s basel III subordinated debt ‘BBB(EXP)(lka)’
Fitch Ratings - Colombo - 14 Jun 2024: Fitch Ratings has assigned National Development Bank PLC's (NDB, A-(lka)/Stable) proposed Sri Lankan …
Global growth stabilizing; but 80-pct population to see slower pre-COVID decade growth: WB
The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards, …
CSE’s implementation of shortened settlement cycle for equity trades proves successful
The Colombo Stock Exchange’s (CSE) implementation of the shortened settlement cycle for equity trades has been executed seamlessly with the first …
WealthOS successfully raises £4Mn with institutional investors Barclays
WealthOS, a UK-based cloud-native wealth management platform founded by two Sri Lankan entrepreneurs and with product and engineering operations in …
Sri Lanka’s largest Advertising Festival sees global creatives in Colombo
Sri Lanka’s advertising industry experienced an unprecedented surge of inspiration as the Four A's Advertising Festival took place on the 30th and …
PRCA Country Rep calls for ethics and standards in Sri Lanka’s advertising and marketing industry
Sri Lanka needs to put together a cohesive and comprehensive set of regulations and standards when it comes to advertising, marketing and …
IMF completes second review; says debt sustainability path remains knife-edged
The IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility with Sri Lanka, …
Central Bank to function as regulatory authority of money or value transfer service providers
Central Bank of Sri Lanka will function as the regulatory and supervisory authority of Registered Money or Value Transfer Service (MVTS) providers. …
President meets Dr. S Jaishankar in New Delhi
President Ranil Wickremesinghe, currently in New Delhi, held a meeting today (10) with Indian Senior Minister Dr. S. Jaishankar. During the meeting, …
Nobel Biocare launches in SL, Bringing advanced dental implant solutions with Delmege Healthcare
Nobel Biocare, a global leader in innovative implant-based dental restorations, is thrilled to announce its official launch in Sri Lanka. This marks …
Fitch assigns Comm Bank’s basel III subordinated debt final ‘BBB+(lka)’
Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB, A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III- compliant …
The Sri Lanka Coffee Festival returns for an exciting round three
The Lanka Coffee Association, in partnership with Australia’s Market Development Facility (MDF) and Jetwing Hotels, successfully hosted the …
Sri Lanka elected to the United Nations Economic and Social Council
Sri Lanka has been elected by the United Nations General Assembly (UNGA) to the United Nations Economic and Social Council …
TISL Challenges the Public Financial Management Bill in the Supreme Court
Transparency International Sri Lanka (TISL) filed legal action on Wednesday the 5th of June in the Supreme Court challenging the Public Financial …
The Ceylon Chamber Welcomes New Electricity Bill
In a landmark decision, the Parliament of Sri Lanka has approved the long-awaited Electricity Bill, marking a significant milestone in public sector …
USAID Supports Enhancing Investment Climate Through Commercial Alternative Dispute Resolution
The United States, through the United States Agency for International Development (USAID), is supporting Sri Lanka' s efforts to improve its …
WSO2 Hosts IAM CxO Event for Banking and Financial Services Industry Leaders
Identity and Access Management (IAM) is crucial in ensuring security, regulatory compliance, and delivering exceptional customer experience in …
Approval Granted for “Starlink” to Provide Satellite-Based Internet Services in Sri Lanka
State Minister of Technology, Kanaka Herath, announced that the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted preliminary …
President Ranil Wickremesinghe inaugurated his new political office
President Ranil Wickremesinghe inaugurated his new political office in Colombo today (06) at an auspicious moment. The office, located on Sir Ernest …
Fitch Affirms Commercial Bank of Ceylon at ‘A(lka)’; Outlook Stable
Fitch Ratings has affirmed Commercial Bank of Ceylon PLC's (COMB) National Long-Term Rating of 'A(lka)'. The Outlook is Stable. At the same time, …
Fitch Affirms Sri Lanka’s People’s Bank at ‘A(lka)’; Outlook Stable
Fitch Ratings has affirmed the National Long- Term Rating on People's Bank (Sri Lanka) (PB) at 'A(lka)'. The Outlook is
SriLankan Cargo reinvents service delivery with strong customer focus
SriLankan Cargo, the air cargo division of SriLankan Airlines, recently unveiled its reinvented service delivery framework and website, with a strong …