All News

LankaPropertyWeb introduces AI-powered tool to its real estate marketing

LankaPropertyWeb (LPW), a real estate portal in Sri Lanka, proudly announces groundbreaking enhancements set to revolutionise the real estate …

Second Sri Lanka – UK Strategic Dialogue held in Colombo

The Second Sri Lanka - UK Strategic Dialogue was held at the Ministry of Foreign Affairs on 07 May 2024. The Sri Lanka delegation at the meeting was …

TISL Challenges the Appointment of CIABOC Director General in Supreme Court

Transparency International Sri Lanka (TISL) has filed a Fundamental Rights Petition (SC FR 110/2024) in the Supreme Court, challenging the …

Fitch Affirms Sierra Cables at ‘A+(lka)’; Outlook Stable

Fitch Ratings has affirmed Sri Lankan cable manufacturer Sierra Cables PLC's National Long-Term Rating at 'A+(lka)'. The Outlook is Stable. The …

CEAT Kelani says it is not the company fined by Customs Department

CEAT Kelani International Tyres (Pvt) Ltd. has assured customers, stakeholders and the general public that the Company has no dispute over Customs …

Fitch Assigns Siyapatha Finance’s Senior Debt Final ‘BBB+(lka)’

Fitch Ratings has assigned Siyapatha Finance PLC's (BBB+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to LKR4 …

CBSL invites general public to submit observations on draft amendments to Finance Leasing Act

The Central Bank is inviting the general public to submit observations on the draft amendments to the Finance Leasing Act. The public is invited to …

Cabinet Approval for USD18.50 Service Fee, User-Pay Model Imposes No Govt Costs: VFS Global

The government benefits from increased efficiencies and transparency in managing the complete process and improved resource utilisation through the …

Colombo among first 9 destinations to join Emirates’ A350 network

Colombo will be among the first set of destinations to be served by Emirates’ A350 aircraft entering service in September 2024, the airline …

IFC to invest Rs.3,270Mn in Sunshine Healthcare Lanka Ltd

Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC, has entered into an agreement for a …

IFC Regional Vice President for Asia Pacific Signals Support for Sri Lanka’s Reforms During Official Visit

Concluding a two-day visit, IFC’s Vice President for Asia Pacific, Riccardo Puliti, signaled IFC's commitment to supporting Sri Lanka's ongoing …

Janashakthi Group appoints Minette Perera & Vishnu Balachandran to Board of Directors

Janashakthi Group (JXG) has appointed Minette Perera and Vishnu Balachandran as Independent, Non-Executive Directors to the Company’s Board of …

EQT to acquire WSO2; acquisition to enable accelerated investment in technology

WSO2, the leader in digital transformation technology, announced today that it has signed a definitive agreement to be acquired by EQT. "We are …

TISL Invites Public Comments on the Proposed Law on Recovery of Stolen Assets

Grand corruption has long plagued Sri Lanka, undermining the country’s economic development and eroding public trust in the government. Citizens …

Planters Ass. of Sri Lanka concerned over President’s remarks on wage hike may be misunderstood

The Planters Association of Sri Lanka and its members are concerned that the President's remarks may be misunderstood and lead workers and the public …

Finance for Non-Finance Managers: Best-Seller on Amazon to be Ultimate Guide to Mastering Money Matters

Financial literacy is key to managing money effectively, but managers without a background in finance may find concepts such as budgeting, building …

Fitch Assigns Asia Asset Finance’s Proposed Senior Debt ‘A+(EXP)(lka)’ Rating

Fitch Ratings has assigned Asia Asset Finance PLC's (A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured debentures of up to LKR2 …

Sri Lanka exports earnings up almost 10-pct in Mar 2024

The deficit in the merchandise trade account narrowed to US dollars 369 million in March 2024 from US dollars 412 million recorded in March 2023, …

Pan Asia Bank and Janashakthi Life partner, forging era of financial empowerment

As a testament to its continuous devotion to its customers' satisfaction, Pan Asia Bank, the Truly Sri Lankan Bank, has established a strategic …

EDB and CHEC Port City Colombo sign MoU to boost export businesses

In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd, the primary developer of …